Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • 2018
  • Working Paper
  • HBS Working Paper Series

UK Competitiveness after Brexit

By: Michael E. Porter
  • Format:Print
  • | Language:English
  • | Pages:19
ShareBar

Abstract

On June 23rd, 2016 52% of UK voters opted to put their country on the path to leave the European Union by March 29, 2019. This result was a surprise to many, and went against the advice of the vast majority of economic experts and business leaders. Two years later, and after a remarkable period in UK politics, key questions about the future relationship between the UK and the EU remain unresolved. Various models have been proposed; the latest one by Prime Minister May triggered the resignation of a number of key ministers. All of them struggle to deal with a fundamental tension: how to square barrier-free trade between the UK and the EU, especially across the border between Ireland and Northern Ireland, with both full policy sovereignty for the UK and adherence to the ‘four freedoms’ at the heart of the EUs Single Market. A ‘no deal’ Brexit by default remains an option, despite the costs to UK businesses and the wider UK economy.

Keywords

Competitiveness; International Relations; Trade; Economy; Strategy; United Kingdom

Citation

Porter, Michael E. "UK Competitiveness after Brexit." Harvard Business School Working Paper, No. 19-029, September 2018. (Revised January 2019.)
  • Read Now

About The Author

Michael E. Porter

Strategy
→More Publications

More from the Author

    • 13 Jan 2023 - 14 Jan 2023
    • Faculty Research

    India’s Quest for Sustainable Growth in a New Global Reality:: The Need for a Region- and Sector-Driven Approach

    By: Christian H.M. Ketels and Michael E. Porter
    • 2022
    • Faculty Research

    Competitiveness Roadmap for India@100

    By: Michael E. Porter and Christian H.M. Ketels
    • October 26, 2021
    • NEJM Catalyst

    Value Chain Management to Implement Post-COVID-19 Health Care Strategy: The COVID-19 Crisis Has Created Areas of Innovation That Should Be Embraced by Health Care Leaders

    By: Michael E. Porter, Junaid Nabi and Thomas H. Lee
More from the Author
  • India’s Quest for Sustainable Growth in a New Global Reality:: The Need for a Region- and Sector-Driven Approach By: Christian H.M. Ketels and Michael E. Porter
  • Competitiveness Roadmap for India@100 By: Michael E. Porter and Christian H.M. Ketels
  • Value Chain Management to Implement Post-COVID-19 Health Care Strategy: The COVID-19 Crisis Has Created Areas of Innovation That Should Be Embraced by Health Care Leaders By: Michael E. Porter, Junaid Nabi and Thomas H. Lee
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College