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Services Trade in the UK: What is at Stake?

by Dr Ingo Borchert
International trade in goods, Trade services, Professional services brexit, brexit professional services, brexit network, trade expertise, trade expertise network, Trade knowledge, trade knowedge exchange, trade compliance, trade tools, barriers to international trade, effects of tariffs, brexit trade, brexit trade deals, post brexit trade deals, post-brexit trade deals, brexit trade, brexit trade deals, trade after brexit, brexit trade agreements, brexit analysis, trade analysis,

November 2016– Brexit’s effects on Services Trade –Authors: Ingo Borchert from the UK Trade Policy Observatory.

Trade in services is economically significant for several reasons; it directly affects UK consumers’ welfare in such sectors as telecommunications, health or retail distribution; producer services such as finance, transportation or professional services are inputs into both the production and international exchange of goods; and it makes a positive contribution to the UK’s current account. Brexit will have important repercussions for the UK’s economic ties with the EU in the realm of services markets.

This paper highlights potential direct and indirect effects of Brexit on UK services trade and policy-making in this area.

Click here to open the full article on Brexit’s effects on Services Trade on the UKTPO‘s website in a new tab.

 

About the Author

Dr Ingo Borchert

Dr Ingo
Borchert

Dr Ingo Borchert is a Senior Lecturer in the School of Business, Management and Economics at the University of Sussex, United Kingdom. Previously, he served as an Economist at the World Bank from 2008-2011, where he co-created the global Services Trade Restrictions Database.

Dr Borchert is a member of the UK Trade Policy Observatory.

Read more by Dr Ingo Borchert