Refining Britain's Economic Diplomacy

Author
Linda Yueh
Content Type
Commentary and Analysis
Institution
LSE IDEAS
Abstract
The EU referendum has thrown up many questions around globalisation as well as how to reposition Britain in the world after Brexit. The UK government’s professed intent to leave the European Union and negotiate its own free trade agreements means that Britain would be setting its own trade policies for the first time since 1973, and would need to explicitly set out the aims of British trade and associated foreign investment policies for the first time in four decades. With this in mind, clearly defining the UK’s economic diplomacy is crucial. Current global and domestic conditions are politically challenging. However, this offers an opportunity for the UK to take a lead in setting a helpful direction for the rest of the world, and ensuring that trade and investment policies benefit all in society.
Topic
International Political Economy
Political Geography
Global Focus