An Analysis of the Trade Policy Review of the European Union

Jackson, K. 2021. An Analysis of the Trade Policy Review of the European Union. The World Economy. Advanced online publication. https://doi.org/10.1111/twec.13213

TitleAn Analysis of the Trade Policy Review of the European Union
TypeJournal article
AuthorsJackson, K.
Abstract

This paper provides an analysis of the latest World Trade Organisation Trade Policy Review of the European Union. The review period was one of heightened trade tensions, where the dynamic between China-US-EU dominated the policy agenda. A number of key findings emerge from the review, broader literature and events after the review period: (i) much remains to be negotiated as part of Brexit (ii) there has been a change of approach whereby trade and investment agreements tend to be separate; this has important implications for the speed of implementation (iii) strategic oversight regarding extra-EU investment inflows hinges on national screening mechanisms (iv) rival infrastructure development schemes are emerging, suggesting that the EU will struggle to create space for their own initiative (v) free trade agreements are increasingly covering a broader range of issues such as labour rights and environmental protection (vi) digitisation and a tax schedule for digital services is still work in progress. Overall, the review is an extremely useful reference document. However, a critical assessment of the factual information is necessary.

KeywordsWTO
EU
trade
investment
Political Science and International Relations
Economics and Econometrics
Finance
Accounting
JournalThe World Economy
ISSN0378-5920
1467-9701
Year2021
PublisherWiley
Accepted author manuscript
File Access Level
Open (open metadata and files)
Digital Object Identifier (DOI)https://doi.org/10.1111/twec.13213
Publication dates
Published online27 Oct 2021

Related outputs

Belt and Road: The China Dream?
Jackson, K. and Shepotylo, O. 2021. Belt and Road: The China Dream? China Economic Review. 67 101604. https://doi.org/10.1016/j.chieco.2021.101604

An examination of EU trade disintegration scenarios
Jackson, K. and Shepotylo, O. 2020. An examination of EU trade disintegration scenarios. The World Economy. 44 (1), pp. 2-20. https://doi.org/10.1111/twec.13049

Trade (dis)integration: The sudden death of NAFTA
Bakas, D., Jackson, K. and Magkonis, G. 2019. Trade (dis)integration: The sudden death of NAFTA. Open Economies Review. https://doi.org/10.1007/s11079-019-09567-1

An Inquiry into Exchanges Rate Misalignments as a Cause of the Major Global Trade Imbalances
Nasir, M.A. and Jackson, K. 2019. An Inquiry into Exchanges Rate Misalignments as a Cause of the Major Global Trade Imbalances. Journal of Economic Studies . 46 (4), pp. 902-924. https://doi.org/10.1108/JES-03-2018-0102

Identifying networks in social media: The case of #Grexit
Jackson, K. and Magkonis, G. 2019. Identifying networks in social media: The case of #Grexit. Networks and Spatial Economics. 19 (1), p. 319–330. https://doi.org/10.1007/s11067-018-9399-9

Post-Brexit trade survival: Looking beyond the European Union
Jackson, K. and Shepotylo, O. 2018. Post-Brexit trade survival: Looking beyond the European Union. Economic Modelling. 73, pp. 317-328. https://doi.org/10.1016/j.econmod.2018.04.010

Regional Trade institutions in West Africa: Historical Reflections
Bah, E., Jackson, K. and Potts, D.J. 2018. Regional Trade institutions in West Africa: Historical Reflections. Journal of International Development . 30 (8), pp. 1255-1272. https://doi.org/10.1002/jid.3292

The Segmentation of Europe: Convergence or Divergence between Core and Periphery?
Baimbridge, M., Litsios, I., Jackson, K. and Lee, U. R. 2017. The Segmentation of Europe: Convergence or Divergence between Core and Periphery? Palgrave Macmillan.

Evaluating methodological issues in the tourism literature: UK outgoing tourism and trade links
Jackson, K. and Zang, W. 2015. Evaluating methodological issues in the tourism literature: UK outgoing tourism and trade links. Economic Issues. 20 (1), pp. 1-42.

Permalink - https://westminsterresearch.westminster.ac.uk/item/v80vq/an-analysis-of-the-trade-policy-review-of-the-european-union


Restricted files

Accepted author manuscript

Under embargo until 27 Oct 2023
Share this
Tweet
Email

Usage statistics

8 total views
1 total downloads
1 views this month
0 downloads this month
These values are for the period from September 2nd 2018, when this repository was created

Export as