The decision of the UK to leave the EU imposes a key challenge for trade relations and, depending on the outcome of the ongoing Brexit negotiations, will cause severe increases in bilateral trade costs. Lisandra Flach, Feodora Teti, Lena Wiest and Margherita Atzei crunch the numbers in this policy brief. Lisandra and Feodora also provide a clear and factual overview of how Brexit will impact the supply chain in this article.
In August, Dorine Boumans, Pauliina Sandqvist and Stefan Sauer surveyed 900 global economic experts to gauge opinion on what a post-Covid world could look like. The road to recovery isn’t looking rosy.
As this year’s conference is online, we’re able to do something a little different. We’re very disappointed not to be joining our friends and hosts at the Bavarian Representation in Brussels, but it does mean that we can extend our invitations to guests in the US, where an election looms and there’s a lot of uncertainty over what the political landscape will look like after 3 November. We close our conference with a panel of experts in trade and international relations, who will discuss what impact the US election will have on EU-US-Asia trade relations.
Published: ifo Institute for Economic Research at the University of Munich,
Editor: Juliet Shaw.
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