Opportunities and challenges for UK agriculture

This paper examines the current state of UK agriculture and makes recommendations as to what the long term goals of a UK agricultural policy could be, after the UK leaves the EU, in a way that maximises the potential benefits of a genuinely independent agricultural policy, while minimising the disruptions caused by leaving the EU. ... Continue reading

IEA publishes report on the EEA and EFTA models to leave the European Union

Summary:  There seem to be three broad variations to the EEA model: Not joining the European Free Trade Association (EFTA) and ‘continuing’ as party to the EEA Agreement Joining EFTA, and then becoming party to the EEA Agreement as an EFTA member Joining EFTA as an Associate Member and then becoming an EFTA party to ... Continue reading
Trade, Development, and Immigration
Olly Robbins assertion, slightly embarrassingly overheard and reported by a journalist - that the government is planning to give MPs a choice between voting for the Withdrawal Agreement or facing a lengthy extension of Article 50 - has caused controversy today.  His other comments, that the backstop was intended to be a ‘bridge’, (something that ... Continue reading

No-Deal Fear-Checker, No. 9

The UK imports 30% of its food from the EU, an amount that will be at its peak in March due to the low availability of domestic fresh produce at that time. Much of it comes through the Calais to Dover ferry route or the Eurotunnel. As it stands, if we leave the EU without ... Continue reading

IEA release report on the effect of a "No-Deal" Brexit on food supply

Today the Institute of Economic Affairs launches another briefing in its series of ‘no-deal’ Brexit Fear-Checkers to help separate theoretical risks from reality; Project Fear from Project Fact. These short briefings look at a particular warning about the impact of leaving the EU without a deal, assess the problem, and outline what can be done to fix ... Continue reading

IEA's International Trade and Competition Unit releases briefing on the Backstop

Summary:  The provisions of the Protocol deliver what has become known as the ‘backstop’ for the Irish border. They come into effect if no other agreement that addresses the issues in connection with the Irish border has been reached by the end of the Transition Period on 31 December 2020, or any extension of that ... Continue reading
Trade, Development, and Immigration
On Monday, the IEA launched a substantial discussion paper making a set of practical proposals (“Plan A+”) to break the current deadlock in the talks between the UK and the EU. Consistent with our intellectual philosophy and educational purpose, it also made the case for shifting Brexit in a more free-market and outward-looking direction. As ... Continue reading
Trade, Development, and Immigration

Victoria Hewson writes for City AM

Victoria Hewson, Senior Counsel to the International Trade and Competition Unit, has co-written an op-ed in City AM today on what a UK-US trade deal could look like. This follows on from a draft agreement published by the Initiative for Free Trade in London, and the Cato Institute in Washington: The Ideal US-UK Free Trade ... Continue reading

A Free Trader's Perspective

Summary: This paper is intended to serve several related purposes. First, it is to persuade policymakers and the public in both the United States and the United Kingdom that it is in their respective national interests to enter into a comprehensive bilateral trade and investment agreement. Specifically, the goal is to establish that the type ... Continue reading

Shanker Singham comments in The Daily Telegraph

Shanker Singham comments in The Daily Telegraph today on Christine Lagarde's forecasts for the post-Brexit UK economy. Reacting to the head of the IMF's remarks, Shanker said: "Gloomy forecasts such as the IMF's are based on pessimistic assumptions and are usually inaccurate, as we saw straight after  the Brexit vote in 2016. "The Prime Minister ... Continue reading