Mark Littlewood writes for The Times

IEA Director General Mark Littlewood has urged Prime Minister Boris Johnson to take advantage of the UK's newfound freedoms after our exit from the EU and sign a trade agreement with India. In his bi-weekly column in The Times,  Mark welcomed the speed at which the Secretary of State for International Trade, Liz Truss, has ... Continue reading
Trade, Development, and Immigration
Economic nationalism has plagued Africa since decolonisation. In 2021, that is set to change. On January 1, the long-awaited African Continental Free Trade Area (AfCFTA) came into effect. Aside from the economic benefits that the arrangement will bring to the continent, Africa's newfound support for free trade and liberalisation marks a clear rejection of the ... Continue reading
Trade, Development, and Immigration
Responding to the news that Britain it to use its G7 presidency to press for reform of the World Trade Organization (WTO), Mark Littlewood, Director General at free market think tank the Institute of Economic Affairs, said: “The WTO cannot continue to stand idly by as nations adapt to new technologies and respond to new ... Continue reading
Trade, Development, and Immigration

Julian Jessop quoted in The Telegraph

The Biden Administration has threatened to implement retaliatory tariffs on British products, originally planned by Donald Trump, in response to the UK digital service tax (DST). The US believes the DST is discriminatory towards US tech companies as the tax mainly impacts giants like Amazon, Google and Apple. IEA Economics Fellow Julian Jessop responded to ... Continue reading
Trade, Development, and Immigration
This short "economics explainer" looks at the how the pattern of global income distribution has changed in the modern era of globalisation. Certainly in the 1970s, the "first world-third world" narrative was valid; today that is not the case.   ... Continue reading
Trade, Development, and Immigration

Julian Jessop quoted in Daily Express

Trade Secretary Liz Truss is aiming to secure an ambitious trade deal with China. Liz Truss has not overlooked China's appalling human rights record but has said it is necessary to trade with the worlds second largest economy and work with allies to control the communist state. Julian Jessop, IEA Economics Fellow, told the Daily ... Continue reading
Trade, Development, and Immigration
Responding to "The Inequality Virus," a new report from Oxfam, Mark Littlewood, Director General at free market think tank the Institute of Economic Affairs, said: “Oxfam is right to highlight the impact the pandemic has had on the world’s poorest. However, the charity’s proposed solutions demonstrate a fundamental misunderstanding of both economics and poverty relief. ... Continue reading
Trade, Development, and Immigration

Professor Syed Kamall writes for Conservative Home

As we head towards the final Brexit deadline, it's still possible that there may be a No Deal Brexit, writes the IEA's Academic and Research Director Professor Syed Kamall. Writing for Conservative Home, Syed argues that while the UK leaving the EU without a trade deal may be less preferable for many, it allows both ... Continue reading
Co-Published Books
This timely book sets out a shrewd and comprehensive policy programme, for both ‘microeconomic’ supply-side settings of tax and regulatory systems, and ‘macroeconomic’ policies for fiscal and monetary policies to regulate demand and support the supply-side growth agenda. Explaining the numerous benefits of free trade after Britain’s exit from the EU, and challenging the anti-Brexit ... Continue reading
Trade, Development, and Immigration
The UK has ditched the 0.7% of national income foreign-aid target after eight years of spending at this level. But where did the target come from? The target, set by the UN, popped out of an economic model in 1969, although attempts at re-estimating it in 2007 using modern data produced a very different figure ... Continue reading