Presented by Simona Iammarino
Research on the effects of the UK’s exit from the EU’s Single Market and Customs Union in 2021 on specific industries is still scanty. In this paper, we examine the consequences of withdrawing from the EU membership on UK firms operating in the textile and apparel (T&A) industry, highly sensitive to value chain disruption. The analysis relies on unique firm-level information collected through an original survey conducted between May and September 2022 with 1,008 respondent firms. With the (re)introduction of trade barriers, Brexit has brought back many of the difficulties that were affecting firms before the completion of the Single Market: the “cost of undoing Europe” is in line with what predicted then for the “cost of non-Europe”, amplified by modes of production now entrenched in international – and particularly continental – networks and value chains. Our findings show that the UK’s formal departure from the EU has severely affected T&A firms and their upstream and downstream linkages, with dramatic implications for structure and geography of the value chain and, ultimately, firm survival.
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About Creative PEC’s Seminar Series
Creative PEC’s Creative Economy Seminar Series presents cutting-edge research from around the globe, bridging conversations within academia, policy, and creative practice. The series aims to spark discussion on emerging research and its implications for creative industries policy.
Who the seminars are for:
– Creative industries researchers
– Policymakers (local, regional + national)
– Anyone keen to find out more about emerging creative economy research
Each seminar will be held online, and begins with a deep-dive on new research followed by a Q&A. Make space for an hour each month to keep up to date with the latest ideas in creative economy research.
For any questions about the Seminar Series, please get in touch with us at research@pec.ac.uk
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Thursday 3rd October 2024 | 15:00 BST
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Seminar Series: “The cost of undoing Europe”: Brexit and the UK textile and the apparel industry
Thursday 3rd October 2024 | 15:00 BST Hear from Professor Simona Iammarino who will be presenting he…
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