BC BREXIT
Saved by @Mollyycolllinss

The fuel injected Brexiter comments on the EU's vaccine problems miss many points.

 1) no-one wanted to get out of the EU or the single market to protect ourselves better against a pandemic. See Brexit Tory controlled government policy 2016-2020 regarding the NHS and pandemic preparedness.
2) we could have, and, perhaps thanks to the need to genuflect to nationalists, or out of pragmatic needs, chosen to go our own way on procurement even within the EU.
3) none of this explains why it's good to be outside the single market, restricting our trade and making us poorer.
4) the implicit celebration of the vaccine nationalist cause, seemingly [but not actually] permitted by Brexit, ignores how this game plays out, namely:
a) the EU retalliates with sanctions now or in the future.
b) we expose ourselves to mishaps in our domestic supply chains of the vaccine production we delightedly hold onto as 'ours'.
c) this is not a one-shot game. We are into a perpetual period of mutation, vaccine tweaking, vaccine delivery. We may be unlucky in not devising and manufacturing good tweaks and need to spread the innovation risk globally.
If anyone wants me to write 'Vaccination nationalism: not a one shot game' for their paper/magazine, obvs I am nearly there as I have the pun headline sorted.
It's actually a really nice econ teaching topic, as it brings together specialization, risk management under uncertainty, game theory, time consistency, political economy, international relations. Normal trade policy but on acid.
The interesting bit of political economy is how the electoral horizon relates to the horizon at which we are fighting covid. A quick vaccine war concluded before 2024 could be great to get another term. But the payback and extra deaths would come later.

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Phil Syrpis
Phil Syrpis
@syrpis
There are a lot of Brexiters in the media this week making points about sovereignty, and about how the EU has not come to terms with the UK's independence.

I have some questions, which it might well be fruitful to ask them. 1/9

1. How do you understand the concept of sovereignty? What are the circumstances in which you might agree to make binding commitments to other independent states or trading blocs? 2/

2. What sort of commitments are you prepared to make in order to get trade deals with other states/blocs? And, to what end (why not trade on Australian-style terms with the wider world)? 3/

3. Do you accept that the EU has the right to impose its own rules as a condition for access to its market? Given the UK's involvement in the single market, and in the creation of its regulatory infrastructure, this feature should not come as a surprise. 4/

4. Do you accept that there is a need for borders (which were not needed while the UK was part of the single market) between states/blocs with different regulatory regimes? 5/
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Bobby McDonagh
Bobby McDonagh
@BobbyMcDonagh1
A Christmas Carol. My Brexit “take” on a popular seasonal tale. Happy Christmas everyone @mrjamesob @campbellclaret @chrisgreybrexit @rafaelbehr

It was Christmas Eve in Downing Street. PM Ebenezer Johnson was sitting alone in his office, colouring in a picture of sunny uplands. He was looking forward to a jolly Christmas and a glorious future for his country.

Suddenly there was a knock at the door and a wraith materialised in the semi-darkness. “I am”, he announced, “the Ghost of Christmas Past”. “What ho”, replied the PM, “what can I do for you? “

The ghost explained that he had been living in the attic of Number 10 since Winston Churchill’s day. Ever since It has been his practice to appear every Christmas Eve to update the PM on the country’s progress.

Over many decades, the ghost had been able to report on the great influence the UK had come to wield, in Europe and beyond, by working closely with its European neighbours; and on how the UK had used its sovereignty effectively to advance its interests.
BREXIT
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Shane Brennan
Shane Brennan
@ColdChainShane
As @michaelgove admitted yesterday we are expecting significant disruption in our #trade flows with the EU in coming days. The fact he is willing to say this confirms what most of us feel, that problems are building. This thread is a summary of what I have learnt in the past week

DISCLAIMER I run a trade body and spent the week in my back bedroom on the phone to members, reading the media and on zoom calls. I’m not on the ground and I am not in the operation rooms. So my info is second hand and partial. No one has a complete view. IT IS HIDEOUSLY COMPLEX

The first obvious problem is the number of different actors involved. On the commercial side - within 1 exporter there are multiple depts. There is also the buying company and the logistics company. They all have to sync. 1 load of goods involves multiple commercial actors.

On the government side its even more complex. In UK there are dozens of departments and agencies involved, and the same if not more in every member state of the EU. there are hundreds of thousands of decision makers involved.

They all have the same rule book though - YES true but its 1200 pages long and it's 15 days old - also - here's the thing with red tape, it's open to interpretation. (It's why lawyers tend to drive nice cars) and so being BORDER READY means different things to different actors.
BREXIT
Robert Peston
Robert Peston
@Peston
The important difference between AstraZeneca's relationship with the UK and with the EU, and the reason it has fallen behind schedule on 50m vaccine doses promised to the EU, is that the UK agreed the deal with AZ a full three months before the EU did - which gave...

AZ an extra three months to sort out manufacturing and supply problems relating to the UK contract (there were plenty of problems). Here is the important timeline. In May AZ reached agreement with Oxford and the UK government to make and supply the vaccine. In fact Oxford...

had already started work on the supply chain. The following month AZ reached a preliminary agreement with Germany, the Netherlands, France and Italy, a group known as the Inclusive Vaccine Alliance, based on the agreement with the UK. The announcement was 13 June. BUT the EU...

insisted that the Inclusive Vaccine Alliance could not formalise the deal. The European Commission insisted it should take over the contract negotiations on behalf of the whole EU. So were another two months of talks and the contract was not signed till the end of August...

What is frustrating for AZ is that the extra talks with the European Commission led to no material changes to the contract, but wasted time on making arrangements to make the vaccine with partner sites. The yield at these partner sites has been lower than expected. The problem...
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@Somerset4Europe
#SLE_IanDunt 30 minutes to the start of our "Evening with Ian Dunt". Information here: https://t.co/9bLxOtCr56
Log-in tickets from https://t.co/iKcwmQh7gZ. See you soon!

We will be live tweeting on this thread ...

Blimey; 19 pages of Zoom logins, 25 on each!

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