Why trade deals are an ongoing global challenge, not just a Brexit issue

World trade growth has slowed since 2008

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Why trade deals are an ongoing global challenge, not just a Brexit issue

EFG Asset Management CIO Moz Afzal examines how concerns raised by the Brexit debate - sovereignty, globalisation and migration - are global challenges, not just an EU issue.

Size and interconnectedness One of the most frequently-cited facts about the UK economy in the Brexit campaign was that it is the fifth largest economy in the world. Its size, some claimed, was an indication that it could do well even outside the EU. The UK's significance rests, however, not just on size but on its high level of global interconnectedness. One measure of that, by McKinsey, is based on flows of goods, services, people, finance and data. The UK is the third most interconnected large economy in the world - after Germany and the US. Four of the McKinsey measures of inter...

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