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Long read: can the UK capitalise on its service-based economy for trade diversification post Brexit?

Estrin, Saul, Cote, Christine and Shapiro, Daniel (2018) Long read: can the UK capitalise on its service-based economy for trade diversification post Brexit? LSE Brexit (17 Oct 2018). Blog Entry.

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Abstract

As concerns increase over the prospects for a positive post-Brexit agreement with the EU on the terms of exit, much attention continues to be focused on the attractiveness and viability of UK trade diversification. Our first post concluded that physical distance still matters in economic relations between countries and that the role of gravity when considering trade in goods, while diminishing slightly, is still paramount. This suggests that the EU’s role as the UK’s most proximate and natural trading partner will be difficult to replace with countries at a greater physical distance. While distance still matters for trade in goods, can the same be said for trade in services? Can the UK capitalise on its service-based economy for trade diversification post-Brexit, ask Saul Estrin, Christine Cote, and Daniel Shapiro?

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/brexit/2018/10/17/long-read...
Additional Information: © 2018 The Authors; Online
Divisions: European Institute
Government
School of Public Policy
Subjects: G Geography. Anthropology. Recreation > G Geography (General)
H Social Sciences > H Social Sciences (General)
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HF Commerce
JEL classification: F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F42 - International Policy Coordination and Transmission
F - International Economics > F5 - International Relations and International Political Economy > F51 - International Conflicts; Negotiations; Sanctions
F - International Economics > F5 - International Relations and International Political Economy > F53 - International Agreements and Observance; International Organizations
Sets: Departments > European Institute
Departments > Government
Research centres and groups > Institute of Public Affairs
Collections > LSE Brexit
Date Deposited: 17 Jan 2019 12:01
Last Modified: 13 Apr 2019 23:12
URI: http://eprints.lse.ac.uk/id/eprint/91922

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