Is Brexit responsible for the UK's economic woes?

Nearly seven years have passed since the United Kingdom voted to leave the European Union, and the UK economy is struggling. Three years ago, the divorce was finalized, and only as of late February this year, the two sides have put forth a new deal, the Windsor Framework, to update the contentious Northern Ireland protocol that regulates trade between Northern Ireland and the Republic of Ireland.

After COVID-19, most countries have bounced back from the pandemic-induced economic pain, but not the United Kingdom. How much of the country's continued economic woes can be attributed to the war in Ukraine and COVID-19, and how much is due to Brexit?

Joining this episode of Trade Winds are:

HOST

Cecilia Malmström
Nonresident Senior Fellow, Peterson Institute for International Economics (PIIE)

GUESTS

Simon Fraser
Co-founder and Managing Partner, Flint Global
Former Permanent Under-Secretary of the Foreign and Commonwealth Office, United Kingdom
Former Deputy Chair, Chatham House

Gregory Messenger
Associate Professor of Law, University of Bristol Law School