The economics of Brexit: what have we learned? Brexit and the impact on trade.

Brexit and the impact on trade with
Thomas Sampson, London School of Economics
Josh De Lyon, London School of Economics/University of Oxford
Discussant/chair: Anna Isaac, The Independent

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[lachris]

You missed one important point in this talk. UK not only lost a good trade deal with the EU, but with all the countries EU has trade deals with.

[jonmce]

As a noneleconomist, I have to wonder about the explanation for the lack of change for large exporters. In the case of large exporters, administrative costs can be absorbed more easily, but more importantly large exporters because sunk capital costs can not be ignored or the availability of alternate sources. If you were, for example, Nissan and were making Nissan transmissions for all Nissan products in the EU market, you would not be able to readily source transmissions from anywhere else so you will continue at least for the short to medium term to continue exporting to Europe no matter what the increased cost or inconvenience. On the other hand, any future capital investment will be evaluated not only on cost but also on size of the market, consistency of regulation, and administrative ease.

[casteretpollux]

My compliments to the chairwoman for keeping this moving along very briskly and smoothly. Hence my attention was held in spite of the pretty dry and generalised character of the content.

[hugogreen]

Experts proving that they are experts and what was expected is indeed happening.
SME sector being hit badly- large corporates less so ( for how long? Note FDI collapse!

[garypriestley]

Christie said "They COULD CARE LESS" which means that they DO CARE a bit, doesn't he understand his own native language? 🤦

[fahrdienstleiter]

Congrats for this interesting piece of work! I missed a word on the impact of the exchange rate of the Sterling vs the Euro respectively vs the US Dollar, which seems to be candidate to explain the asymmetry in the post 2020 evolution of imports and exports.

[whocares]

What have we learned, don't let the silly people vote...

[robinspat]

Don’t let ignorant people (those completely uneducated, lacking specific detailed knowledge on a subject) make decisions on same!

[cjphillips]

"I think the people of this country have had enough of experts"

Michael Gove

[johnturner]

If I was in audience of qualified people I would be going to sleep! This speaker is going around the mulberry bush?

[jihwankim]

This ukraine war just proved tht brexit was right. Look at EU, they are not doing shit. Even if they are, they r too dammm slow