Former Trade Minister says UK has the chance to be a global trade leader
Friday, 28 April 2017
The Legatum Institute is committed to playing a positive role in mapping out Britain's post-Brexit future which is why we partnered with Prosperity UK to deliver our inaugural conference. With leading policy makers, politicians, academics and business people from across the globe, the conference was successful in generating ideas and creating a positive vision for the UK to flourish after leaving the European Union.
Sir Lockwood Smith, a former New Zealand Trade Minister and former High Commissioner to the UK, offered valuable insights from his time negotiating trade deals. In an excerpt from his speech to the conference he shares his optimism for UK's trade prospects.
A Blueprint for UK Trade Policy
Wednesday, 26 April 2017
In this paper, Legatum Institute's Director of Economic Policy and Prosperity Studies and chair of our Special Trade Commission, Shanker Singham sets out a blueprint for pursuing trade policy after Brexit.
Read the full report here.
Brexit could lead UK to avoid TTIP snags in trade negotiations with U.S.
Wednesday, 19 April 2017
Chairman of Legatum Institute's Special Trade Commission, Shanker Singham spoke with Inside U.S. Trade's World Online, a leading platform for trade news and development. Shanker said he expects the UK to break away from the EU on issues such as financial services regulatory cooperation, standards setting, and agricultural non-tariff barriers -- all significant points of contention between the EU and U.S. during the now-stalled TTIP talks. Such moves could pave the way for easier negotiations between the U.S. and UK, he believes.
Read the full article here.
Antigua Observer: British economist says go to London now
Thursday, 13 April 2017
In the Antigua Observer, Chairman of Legatum Institute's Special Trade Commission, Shanker Singham dismissed the many gloomy post-Brexit outlooks for trade between the UK and the Caribbean, instead urging Antigua & Barbuda to engage London immediately on new trade arrangements. Those arrangements will benefit from a number of key UK policy changes resulting from its already determined 2019 exit from the European Union.
Read the full article here.
Facing the challenges of Brexit
Wednesday, 5 April 2017
Senior Fellow, Matthew Elliott was a keynote speaker at a business conference in Berlin on ‘Facing the challenges of Brexit’. The conference was organised by INREV, the pan-European association for Investors in Non-Listed Real Estate Vehicles. Matthew spoke alongside Karel Lannoo, CEO of the Centre for European Policy Studies (CEPS).
Shanker Singham comments on this week's triggering of Article 50.
Thursday, 30 March 2017
Chairman of Legatum Institute's Special Trade Commission, Shanker Singham writes that it is crucial we make the most of the trade opportunities before us now that Article 50 has been triggered. This will ensure Britain flourishes and propers post-Brexit.
Both sides want a Brexit trade deal - here's where to start: Shanker Singham writes for CapX
Monday, 27 March 2017
Chairman of Legatum Institute's Special Trade Commission, Shanker Singham says for the UK, the ultimate goal is not a deal with the EU, important though that is. It is a comprehensive and independent trade policy. That policy should be built on four fundamental pillars: what we can do unilaterally, bilaterally, plurilaterally and multilaterally.
Read the full article here.
The Outlook for UK Trade: Dealing with Barriers to UK Exporters with Greg Hands
Thursday, 16 March 2017
The Legatum Institute's Business Forum hosted a conversation with Greg Hands, Minister of State in the Department for International Trade. The conversation included discussion of free trade deals, the challenges and big opportunities for trade in a post Brexit world, and what British business can do to export more.
Legatum Institute responds to George Osborne’s BCC speech
Tuesday, 28 February 2017
LONDON— Chair of the Legatum Institute’s Special Trade Commission, Shanker Singham, responds to former Chancellor George Osborne’s remarks at the British Chambers of Commerce conference today - 28th February.
Brexit: World Trade Organisation Process and Negotiation of Free Trade Agreements
Tuesday, 28 February 2017
Legatum Institute's Director of Economic Policy and Prosperity Studies and chair of our Special Trade Commission, Shanker Singham writes about best practice for the U.K. to negotiate Free Trade Agreements following Brexit in this short paper, Brexit: World Trade Organisation Process and Negotiation of Free Trade Agreements.
Special Trade Commission: Brexit, Movement of Goods and the Supply Chain
Wednesday, 8 February 2017
Legatum Institute Director of Economic Policy and Prosperity Studies, Shanker Singham and Senior Counsel for the Special Trade Commission, Victoria Hewson author a new Legatum Institute paper that looks at the trade opportunities for the U.K. resulting from Brexit.
Brexit: A Pathway Forward
Wednesday, 11 January 2017
(from left to right) Shanker Singham, Director of the Economics of Prosperity Programme, David Davis, State Secretary for Exiting the EU, Tim Hames (Director General of the BVCA) and Philippa Stroud, CEO of the Legatum Institute.
As part of the Legatum Institute's Business Forum, the Secretary of State for Exiting the European Union, David Davis, expanded on the strategy for Brexit negotiations, the most important and sensitive task for the UK Government in the coming months.
He confirmed the Government's intention to trigger Article 50 at the end of March 2017, begining the two year period of negotiation with the EU and that their intention was to “minimise the costs and maximise the benefits” of whatever the relationship would be in the future.
We were extremely grateful for the support of the BVCA for this event
Legatum Institute Special Trade Commission
Tuesday, 20 December 2016
The Legatum Institute Special Trade Commission (STC) was created in the wake of the British vote to leave the European Union. At this critical historical juncture, the STC aims to present a roadmap for the many trade negotiations which the UK will need to undertake now. It seeks to re-focus the public discussion on Brexit to a positive conversation on opportunities, rather than challenges, while presenting empirical evidence of the dangers of not following an expansive trade negotiating path.
New American Leadership, Brexit and What’s Next
Thursday, 17 November 2016
The Legatum Institute, in partnership with the Manhattan Institute
, hosted a one-day conference on some of the most important issues facing the next American Administration, and the related implications on the 'Special Relationship' with post-Brexit Britain.
Special Trade Commission: Cost of EEA Membership for UK Briefing
Monday, 7 November 2016
While there has been much speculation as to the cost of the UK leaving the Customs Union and European Single Market, little thought has been put into the cost associated with remaining in the Customs Union or Single Market in lost opportunities to sign trade deals with other countries. This paper looks at the opportunity costs, and what could be achieved if the UK were able to sign a deal for a Prosperity Zone including like-minded countries, coalesced around the fundamental ideas of open trade, competition on the merits and property rights protection.
Special Trade Commission: Financial Services Briefing
Monday, 31 October 2016
One of the major issues in the forthcoming process of the UK leaving the EU is the area of the negotiations that relate to financial services. This policy paper, produced by the Legatum Institute's 'Special Trade Commission', makes essential recommendations for how to negotiate deals that will enable a thriving and prosperous sector, post-Brexit.
Brexit Britain Can Be a Catalyst for Global Free Trade
Monday, 10 October 2016
We need a new strategy that develops competition and free trade for Britain and the world says Shanker Singham, Director of Economic Policy & Prosperity Studies and Chairman of the Legatum Institute Special Trade Commission (Reaction)
Post-Brexit Briefing: Frozen Capital—A Case Study of Iceland
Thursday, 6 October 2016
The most recent briefing of the Legatum Institute's Special Trade Commission (STC) discussed the specific case of the capital controls regime in Iceland and its current period of amendment, which represents a key distortion in EFTA markets’ financial services regulation.
Trade Tools for the 21st Century
Friday, 30 September 2016
Shanker Singham and Molly Kiniry are the authors of a new Legatum Institute study that outlines the difficulties that are faced by modern trade agreements, which include powerful political forces opposing globalisation and the rising tide of protectionism, populism, and nationalism.
Global Trade Policy and Threats to the Global Economy
Thursday, 29 September 2016
The Legatum Institute's Economics of Prosperity programme was pleased to host a lunch discussion with Jeff Schott, Senior Fellow at the Peterson Institute for International Economics.
Fox Declares Trade Ministry ‘Open For Business’
Thursday, 8 September 2016
Britain’s settlement with the EU will depend in part on how well it appears to have proceeded with the non-EU trade talks, writes Shanker Singham, Director of Economic Policy & Prosperity Studies and Chairman of the Legatum Institute Special Trade Commission (Financial Times)
Brexit is About to Open Up a World of Opportunity
Thursday, 8 September 2016
Released from the strictures of the European Union, Britain can once more take its place at the centre of a network of trading relationships and agreements, writes Shanker Singham, Director of Economic Policy and Chairman of the Legatum Institute Special Trade Commission (The Times)
Post-Brexit Briefing: Financial Services
Thursday, 8 September 2016
The latest post-Brexit briefing of the Legatum Institute's Special Trade Commission (STC) focused on how the UK’s vibrant financial services sector can be best served in the Brexit negotiations with Europe. The conversation was led by Steve Baker, MP for Wycombe and Treasury Select Committee member.
A Good UK-EU Trade Deal is Good for the World
Tuesday, 6 September 2016
If handled well and with care Brexit offers future trade partners many potential advantages says Shanker Singham, Director of Economic Policy & Prosperity Studies and Chairman of the Legatum Institute Special Trade Commission (Reaction)
New Trade War Threatens Global Order as TTIP Talks Stall
Saturday, 3 September 2016
The failing support and popularity for TTIP has much to do with a lack of governmental PR and information but Britain can still prosper post-Brexit. Shanker Singham, Director of Economic Policy and Chairman of the Legatum Institute Special Trade Commission is quoted in the Daily Telegraph.
Britain Can Get a Much Better US Trade Deal Than the EU's Failing TTIP
Tuesday, 30 August 2016
While TTIP stumbles on towards an unknown destination, post-Brexit Britain has a chance to forge a better trade deal with the US writes Shanker Singham, Director of Economic Policy and Chairman of the Legatum Institute Special Trade Commission. (City A.M.)
Brexit Britain Has a Historic Opportunity To Reshape Global Trade
Monday, 22 August 2016
Brexit represents a historic opportunity for Britain to reclaim its leadership role in promoting open trade, competition and the protection of property rights says Shanker Singham, Director of Economic Policy & Prosperity Studies and Chairman of the Legatum Institute Special Trade Commission. (Reaction)
Brexit Doomsday? Britain's Many Surprises
Friday, 12 August 2016
Quoted in an article for Voice of America, Shanker Singham, Director of Economic Policy & Prosperity Studies at the Legatum Institute discusses the issues surrounding Brexit and the opportunities to build a vibrant trade network.
Launch of the Legatum Institute Special Trade Commission
Thursday, 21 July 2016
The Legatum Institute has launched a new Special Trade Commission (STC), created in the wake of the British vote to leave the European Union. The STC aims to present a roadmap for the many trade negotiations which the UK will need to undertake at this critical historical juncture.
Unshackled from the EU, Britain Must Choose Its Trade Partners Wisely
Monday, 18 July 2016
Following the UK’s choice to leave the European Union, the government must not rush into trade deals with other countries and complacently believe they all require a uniform approach to trade negotiation, writes Shanker Singham, Legatum Institute’s Director of Economic Policy & Prosperity Studies (CapX)
The UK Needs a Special Trade Representative
Thursday, 7 July 2016
Following Brexit, the UK must appoint a special trade representative to ensure it gets the best possible deal for Britain, writes Shanker Singham, Director of Economic Policy & Prosperity Studies at the Legatum Institute (Reaction)
Trading Up: New Ideas for UK Exports
Friday, 17 June 2016
Emily Redding is the author of a new paper that raises some of the major issues faced by UK exporters, and offers policy recommendations for how these issues can be addressed in order to improve the UK’s export market and overall productivity.
UK Risks Missing £1Trillion Exports Target, Warns Think Tank
Thursday, 16 June 2016
LONDON—The UK risks missing its target of increasing exports to £1trillion by 2020 unless it abandons its misplaced focus on boosting the number of SMEs who export their goods and services and instead concentrates on helping existing exporters build permanent footholds in new markets.
Britain’s Trade Future in Question if Brexit Happens?
Tuesday, 7 June 2016
Obama has warned that Britain will lose its preferred position at the TTIP negotiating table if it leaves the EU. But that's not how trade deals are done, argues Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (Voice of America)
Why Free Trade Works
Wednesday, 11 May 2016
A world of open trade, where competition on the merits is the economy’s organising principle, is a world that delivers growth, hope and opportunity in a sustainable, fair and more equitable manner, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX).
Britain's Future in the World: A Time of Choosing
Thursday, 5 May 2016
As the EU referendum approaches, the Legatum Institute hosted a debate on Britain’s role in the world with Steve Baker (MP for Wycombe), Gideon Rachman (Financial Times) and Anne Applebaum (Legatum Institute).
Great Britain’s Role in the World
Wednesday, 20 April 2016
The dawning realisation that Britain has never, and will never commit to political union, means that regardless of what happens in the Brexit referendum, Britain is on a path to an alternative 'landing zone', writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX)
Cottonopolis: Manchester, the Growth and Growing Pains of a Modern City
Tuesday, 19 April 2016
In the third History of Capitalism lecture for 2016, Victoria Bateman, Fellow in Economics at Cambridge University's Gonville and Caius College, charted the rise of Manchester, discussing the growing pains involved in its rapid growth into a truly international city.
Saving Britain’s Steel Industry: From Redcar to Port Talbot
Friday, 1 April 2016
The British government must act now to ensure its trading partners deliver not only open trade, but equally importantly competitive markets inside the border, undistorted by anti-competitive practices and policies, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX)
Trump/Sanders Policies Could Cost Six Million American Jobs
Friday, 11 March 2016
The protectionist policies put forward by US Republican candidates, Donald Trump and Bernie Sanders, will be the biggest job-killer we have seen since the Great Depression, writes Shanker Singham, Director of Economic Policy and Prosperity Studies at the Legatum Institute (CapX)
Lubeck and the Hanseatic League: The Birthplace of the Common Market
Wednesday, 10 February 2016
In the first lecture of the 2016 History of Capitalism series, David Abulafia, Professor of Mediterranean History at Cambridge University and Legatum Fellow, told the story of the Hanseatic League and the city of Lubeck that lay at its heart.