Brexit Transitional Arrangements: Legal and Political Considerations

Piet Eeckhout and Oliver Patel

November 2017

Key Highlights

• With an agreement on the future UK-EU relationship unlikely to be finalised by March 2019, transitional arrangements are necessary to allow time both for further negotiations and for the implementation of new policies and systems, such as customs and immigration

procedures.

• The UK and the EU both seek a time-limited, comprehensive ‘status quo’ transition which extends or replicates existing frameworks. However, there are significant legal and political issues with each available option.

• Indefinite, or time-limited but easily extendable, transitional arrangements are required to prevent a possible cliff-edge at the end of the transition period.

• This paper considers five different options for the post-Brexit transition. It assesses how each one would be implemented in practice, what the legal and policy implications would be, and whether it is politically feasible.

See more at: https://www.ucl.ac.uk/european-institute/ei-publications/Brexit-transition-paper.pdf

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● “Mapping commonalities and differences in approaches for testing and assessment of endocrine disruptors within the EU and among relevant international trading partners - Final Report”

European Commission (2017) 112 pp.

Link: 

http://dspace.brunel.ac.uk/bitstream/2438/15517/1/KH0217145ENN.en.pdf 

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EP: Thesaurus on Brexit

This thesaurus is a collection of ECON related articles, papers and studies on the possible withdrawal of the UK from the EU. Recent literature from various sources is categorised, chronologically listed – while keeping the content of previous editions - and briefly summarised. To facilitate the use of this tool and to allow an easy access, certain documents may appear in more than one category. The thesaurus is non-exhaustive and may be updated. This document was provided by Policy Department A at the request of the ECON Committee.

LINKS: http://www.europarl.europa.eu/RegData/etudes/STUD/2017/607326/IPOL_STU(2017)607326_EN.pdf

http://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_STU(2017)607326 

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EP: Fish labelling for consumers

Since the end of 2014, consumers in the European Union (EU) have had access to better information when buying fishery and aquaculture products. Mandatory labels or markings for retail sale of seafood (including some types of processed seafood) must, in particular, include information on both the commercial and the scientific names of the species, whether it has been fished or farmed, the catch area or country of production, and the fishing gear used.

See more at: http://www.europarl.europa.eu/RegData/etudes/ATAG/2017/608761/EPRS_ATA(2017)608761_EN.pdf

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Service Providers of the Sharing Economy: Who Joins and Who Benefits?

QING KE, Indiana University, Bloomington

Many “sharing economy” platforms, such as Uber and Airbnb, have become increasingly popular, providing consumers with more choices and suppliers a chance to make profit. They, however, have also brought about emerging issues regarding regulation, tax obligation, and impact on urban environment, and have generated heated debates from various interest groups. Empirical studies regarding these issues are limited, partly due to the unavailability of relevant data. Here we aim to understand service providers of the sharing economy, investigating who joins and who benefits, using the Airbnb market in the United States as a case study. We link more than 211 thousand Airbnb listings owned by 188 thousand hosts with demographic, socio-economic status (SES), housing, and tourism characteristics. We show that income and education are consistently the two most influential factors that are linked to the joining of Airbnb, regardless of the form of participation or year. Areas with lower median household income, or higher fraction of residents who have Bachelor’s and higher degrees, tend to have more hosts. However, when considering the performance of listings, as measured by number of newly received reviews, we find that income has a positive effect for entire-home listings; listings located in areas with higher median household income tend to have more new reviews. Our findings demonstrate empirically that the disadvantage of SES-disadvantaged areas and the advantage of SES-advantaged areas may be present in the sharing economy.

See more at: https://arxiv.org/pdf/1709.07580.pdf

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💰 THE ROLE OF GRAVITY MODELS IN ESTIMATING THE ECONOMIC IMPACT OF BREXIT

- Graham Gudgin
CBR, University of Cambridge
gg14@cam.ac.uk

- Ken Coutts
CBR, University of Cambridge
kjc1@cam.ac.uk

- Neil Gibson
Ulster University Economic Policy Centre
n.gibson@ulster.ac.uk

- Jordan Buchanan
Ulster University Economic Policy Centre

Centre for Business Research, University of Cambridge
Working Paper No. 490 (2017)

LINK: https://www.cbr.cam.ac.uk/fileadmin/user_upload/centre-for-business-research/downloads/working-papers/wp490.pdf

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● Jie Yu, “After Brexit: Risks and Opportunities to EU–China Relations”. Global Policy, Vol. 8, nº S4 (2017) 109–114.

Abstract

As a result of Brexit, China faces both enormous economic challenges and political uncertainties in future relations with its largest trading partner, the EU. But while the UK's vote to leave creates an unexpected dilemma for the Chinese leadership, whose EU policy focuses largely on gaining vast market access, it also presents a rare opportunity for China to harness its policy instruments and diversify its initiatives to pursue its economic goals with European partners. As a pre-condition to achieving the desired outcome, however, Beijing will need to untangle its foreign policy decision-making processes. Against this backdrop, the author will illuminate post-Brexit Sino–British relations and reflect on the possible impacts of Brexit upon future relations between Beijing and Brussels. A second section will analyse the very complex foreign policy making mechanism in Beijing in terms of its economic policy goals with the EU.

Consultar: http://onlinelibrary.wiley.com/doi/10.1111/1758-5899.12440/full  

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