Trade, Development, and Immigration
On Monday 16th August 2021 we received an unusual request. The IEA is part of an international network of educational free market think tanks, the Atlas Network, and we have or had a partner in Afghanistan (AELSO) who, along with everyone else, were trapped by the unfolding disaster of the Taliban’s capture of the country. ... Continue reading

Mark Littlewood writes for The Times

In his bi-weekly column for The Times, IEA Director General, Mark Littlewood, discussed the need for people to focus on the success the world has had in lifting people out of poverty, arguing that an unhealthy obsession with the inequality gap between the rich and the poor ignores the great improvements capitalism has made to ... Continue reading
Trade, Development, and Immigration
As the Office for National Statistics releases trade data for May 2021, research from the Institute of Economic Affairs debunks 10 bad arguments against unilateral free trade The economic benefits of free trade come mainly from what countries import, rather than from what they sell overseas; Arguments against tariff-free trade usually boil down to saying that British families ... Continue reading
Trade, Development, and Immigration

IEA research referenced by the Daily Express

Trade Secretary Liz Truss has launched a public consultation for a trade deal with India. The Daily Express covered the story, saying a trade deal could be worth up to £100 billion. The article referenced IEA research by Academic Fellow Shanker Singham released last month called 'Eastern Promise: Assessing the Future of UK-India Trade'. In ... Continue reading
Trade, Development, and Immigration
Opposition to tariff-free access to UK markets for Australian farmers is protectionism, pure and simple. Minette Batters, president of the National Farmers Union (NFU), argues that removing tariffs would make it ‘all but impossible’ for British family farms ‘to compete with vast volumes of imports from the southern hemisphere produced in a very different manner’. ... Continue reading
Trade, Development, and Immigration
One of the challenges for free traders is that whenever trade barriers are lowered, while consumers gain from lower prices and wider choice, existing producers, who do not or cannot adapt, lose out due to increased competition. Economists usually describe this as dispersed gains but concentrated losses. Often the producers are better organised and more ... Continue reading
Trade, Development, and Immigration

Julian Jessop quoted in the Telegraph

The pessimism surrounding the UK's departure from the EU was unjustified, says Ambrose Evans-Pritchard in the Telegraph. As the UK economy bounces back strongly from the pandemic, defying gloomy predictions by the OECD and the IMF, and managing to reach pre-Brexit export levels to the EU, the EU instead has begun to lose its share ... Continue reading
Trade, Development, and Immigration

Julian Jessop quoted in the Telegraph

Data from the ONS suggests trade between the UK and EU is back to pre-Brexit levels with exports to Europe jumping dramatically in March. IEA Economics Fellow Julian Jessop commented on the news in the Telegraph, saying: "we haven't seen the sort of long weakness in trade that some people had feared". Read the full ... Continue reading

IEA research features in The Guardian

The UK and India have have agreed a new deal for trade and investment worth £1bn ahead of Boris Johnson's virtual meeting with Narendra Modi on the 4th May. The Guardian covered the story, referencing IEA research on the future of UK-India trade by IEA Trade Fellow Shanker Singham. The article explained: "According to Shanker ... Continue reading
Trade, Development, and Immigration
Boris Johnson will be disappointed at having to postpone his visit to India, which was scheduled for this week. Not only was he reportedly keen to ensure that five million Covid vaccines would be delivered to the UK by an Indian supplier, but the current geopolitical environment made it an ideal time to strengthen the ... Continue reading