Category archives for trade

Return to the Commonwealth? UK-Africa trade after Brexit

Peg Murray-Evans

Calls for a post-Brexit return to the Commonwealth ignore the existing privileged EU-Africa trade relationship as well as the UK’s now diminished trade influence In a speech to the Institute of Chartered Engineers in February, David Davis MP – now Secretary of State for Exiting the EU – told the audience: ‘The only Commonwealth country to enjoy a free trade … Continue reading

21 July 2016 by
Categories: SPERI Comment, trade | Tags: , , , , , , , , , , , , | Leave a comment

Rethinking Recovery: Poverty chains and global capitalism

Reorienting value generated within ‘global poverty chains’ is essential to improve the lives of an impoverished world labour force Contemporary global capitalism is characterised by extreme wealth concentration and a rapidly expanding and largely impoverished global labour force. Mainstream institutions such as the World Bank and International Labour Organisation encourage integration into global value chains as a development strategy that, … Continue reading

12 July 2016 by
Categories: Development, Economics, Global crisis, Inequality, Rethinking Recovery, SPERI Comment, trade | Tags: , , , , , , , , , | Leave a comment

China and the UK’s EU membership: questions beyond the referendum

Despite the increasingly important UK-China economic ties strong Chinese opposition to ‘Brexit’ has been ignored Whilst President Obama publicly weighed into the referendum debate in the UK, offering a strong defence of the UK staying in, we know little about what other states, including emerging powers like China and India, think. This is surprising – the ‘Leave’ campaign has made … Continue reading

21 June 2016 by
Categories: China, SPERI Comment, trade | Tags: , , , , , | Leave a comment

Why geopolitical arguments in favour of TTIP are also flawed

Honest debate requires justifying rather than just stating claims The PR campaign in favour of the Transatlantic Trade and Investment Partnership (TTIP) has subtly changed over the past two years. In response to criticism of the figures used to trumpet the economic benefits of TTIP, advocates have started to put more emphasis on the geopolitics at stake. In a recent … Continue reading

7 October 2015 by
Categories: Development, Economics, Europe and the EU, Finance, Global crisis, Politics and policy, SPERI Comment, trade | Tags: , | 1 comment

My report on corporate welfare

Kevin Farnsworth

It’s time to have a grown-up debate in the UK about the other sort of welfare The purpose of my report into British corporate welfare, which featured in the Guardian on budget day, was to bring corporate welfare into the debate about the future shape of the state.  The report raises questions about the role of the government in meeting, … Continue reading

21 July 2015 by
Categories: Economics, SPERI Comment, Tax, trade, Welfare | Tags: , , | 1 comment

Resource security and energy abundance

John Mathews

Unless Western countries intervene in their economies to build green energy and resource systems, they will continue to go down to defeat in this field to China Why is China becoming a renewable energy superpower – even as it becomes the world’s largest carbon emitter?  This is surely one of the more interesting and challenging questions in international political economy … Continue reading

28 May 2015 by
Categories: China, Climate change, Economics, Environment, SPERI Comment, Sustainability, trade | Tags: , , , | Leave a comment

When in Russia, do as the Russians do?

Putin’s system of control requires businesses constantly to negotiate challenging formal and informal rules of the game The collapse of the command economy and the gradual opening up of large and potentially fruitful markets in the Russian Federation has led to a steady influx of foreign firms seeking to operate within the business milieu of post-Soviet Russia. Twenty-five years on … Continue reading

19 May 2015 by
Categories: Business, Development, Russia, SPERI Comment, trade | Tags: , , , , , , , , , | Leave a comment

Inequality Redux III

Genevieve LeBaron

Fighting slavery, flaming labour exploitation? Growing wealth and power inequalities between classes, and between business and workers, is fuelling labour exploitation.  And the UK’s Modern Slavery Bill – set to become law in March 2015 – will do little to stop it.  Forced labour is not an isolated issue separable from labour exploitation more generally.  Both are driven by inequality … Continue reading

5 March 2015 by
Categories: Economics, Inequality, Politics and policy, SPERI Comment, trade | Tags: , , , , | 1 comment

The new geopolitical economy of oil in the Americas

Matthew Bishop

The recent collapse in oil prices is a mixed blessing: from the vantage point of the Caribbean the implications are perplexing and disturbing When I moved to Trinidad in 2009, a country blessed with a flourishing hydrocarbon industry, I marvelled at the fact that it cost barely £10 to fill my car with petrol.  But global oil prices were hovering … Continue reading

27 January 2015 by
Categories: Debt, Economics, Environment, Finance, Global crisis, SPERI Comment, trade, USA | Tags: , , , , | Leave a comment

ALBA: an important but poorly understood regional project

Asa Cusack

Economic and political problems in Venezuela now threaten many of the real achievements of this alternative mode of regionalism in Latin America and the Caribbean Venezuela has an abundance of oil and a lack of doctors.  Cuba has an abundance of doctors and a lack of oil.  On 14 December 2004, the two countries launched the Bolivarian Alliance for the … Continue reading

20 January 2015 by
Categories: Development, Economics, Global South, Politics and policy, SPERI Comment, trade | Tags: , , , , , , , , | Leave a comment

The Doha stalemate

Matthew Bishop and Valbona Muzaka

The real worry is not the decline of trade multilateralism per se but rather the breakdown of a shared social purpose underpinning global trade governance In December 2013, almost twenty years since the conclusion of the Uruguay Round of trade negotiations that brought the World Trade Organization (WTO) into being, and over a decade since the start of the ill-fated … Continue reading

6 January 2015 by
Categories: Development, Economics, Global crisis, India, Politics and policy, SPERI Comment, trade, USA | Tags: , , , , | Leave a comment

Mega-regional trade deals in the Asia-Pacific

Jeffrey Wilson

The governments of this region are choosing between competing visions for the regional trade system The regional trade system in the Asia-Pacific is at a cross-road.  After negotiating many bilateral free trade agreements during the 2000s, the last few years has seen the emergence of two new ‘mega-regional’ trade deals – the US-led Trans-Pacific Partnership (TPP) and the ASEAN-centred Regional … Continue reading

16 September 2014 by
Categories: China, Economics, SPERI Comment, trade, USA | Tags: , , , | Leave a comment

The Transatlantic Trade and Investment Partnership (TTIP) and the changing fault-lines in global trade politics

Gabriel Siles-Brügge

New conflicts and controversies are emerging as the remit of trade liberalisation broadens The stakes are high in the current EU-US free trade talks. The ambition stated by negotiators is that the Transatlantic Trade and Investment Partnership (TTIP) will eliminate many of the remaining barriers to the free flow of goods and services between both partners, creating ‘a more integrated … Continue reading

22 July 2014 by
Categories: SPERI Comment, trade | Tags: | 1 comment

The Trans-Pacific Partnership – A Bridge Too Far?

Richard Stubbs

Differences between national capitalisms may mean that successful completion of the negotiations over TPP proves elusive Despite the positive spin that has accompanied negotiations over the Trans-Pacific Partnership (TPP), reaching an agreement that would satisfy all 12 partners was always going to be difficult. The differences to be bridged are considerable. The TPP originated with an agreement among four of … Continue reading

24 April 2014 by
Categories: Economics, Global crisis, SPERI Comment, trade, USA | Tags: , , , , , , , | Leave a comment

Reparations for slavery?

Matthew Bishop

The legacy of the slave trade lives on and forces us to think about political economy in new and uncomfortable ways In the mid-1700s, a number of highly overleveraged Jamaican sugar plantations suddenly and unexpectedly collapsed.  Trevor Burnard has recently questioned whether this represented ‘an early warning that West Indian planters were not the masters of the universe in the … Continue reading

20 March 2014 by
Categories: Employment, Human rights, SPERI Comment, trade | Leave a comment

Wildlife black markets and the political economy of illegal trade

Combatting illegal wildlife trade requires coordinated transnational action In September this year, Prince William announced that his Royal Foundation would collaborate with leading conservation NGOs to combat illegal wildlife trafficking under the banner ‘United for Wildlife’. Later the same month, the Clinton Global Initiative announced its new ‘Partnership to Save Africa’s Elephants’. The media has also reported on elephants dying … Continue reading

3 December 2013 by
Categories: crime, Environment, SPERI Comment, Sustainability, trade, Wildlife | Tags: , , , , , | Leave a comment