Showing posts with label tourism. Show all posts
Showing posts with label tourism. Show all posts

Thursday, January 10, 2019

French Queen killed off English wine 800 years before the Single Market

By George ILIEV
Brexit Metaphor No 83. 

When Eleanor of Aquitaine married king Henry II of England in 1152, this spelt the death of the British wine industry. Eleanor was the ruler of the wine-growing region of Bordeaux. The union of England and Aquitaine brought about an influx of good-quality French wine that killed off the less efficient and poorer quality viticulture in the south of England (which had been reasonably thriving before that).

Some 800 years later, several consecutive rounds of EU enlargement have had similar effects on various sectors of the British economy. When Greece, Spain and Portugal joined the EU in the 1980s, the opening up of Mediterranean beach resorts to northern European tourists sent into decline England's coastal towns such as Margate and Blackpool. While the 2004 Enlargement brought the "Polish plumber" to Britain, putting pressure on low-skilled British workers. 

The economies of countries are never static - they change dynamically based on changes in the factors of production. If Eleanor of Aquitaine had not killed England's wine industry, the Little Ice Age of the 16th to 19th century would probably have done it. Or the Bangladeshi plumber could have come instead of the Polish plumber.

Maintaining a static economy as if frozen in time is impossible in this day and age. If you believe in a frozen state, you might need to consider moving to live in a freezer.


The Angevin Empire in England and France, in red (Source: Wikipedia)
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Notes:
1. Timeline: This article is part of a series of original #BrexitMetaphors published daily. A total of 83 have been posted so far and another 78 Brexit Metaphors will be published every day until the planned Brexit date of March 29, 2019.
2. Disclosure: The author has a master's degree in European Integration. He also thinks he knows a bit about business, economics, entrepreneurship, China, history, geography, nature, science and Rubik Cubes.
3. Invitation: If you'd like to contribute to the debate, please leave a comment below or re-tweet the blogpost link.
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5. Thank you for being here!

Monday, October 22, 2018

A tale of three cities: Singapore-on-Thames, Minsk-on-Trent, Venice-on-Severn

By George ILIEV
Brexit Metaphor No 3

Brexiteers dream of turning Britain into a deregulated free-trade paradise commonly referred to as "Singapore-on-Thames". Remainers fear isolation and economic decline will convert the UK into "Minsk-on-Trent". The most likely outcome from Brexit is probably somewhere in the middle: I call it "Venice-on-Severn".

Westminster Bridge in 1747, painted by Canaletto (Source: Wikipedia)

Singapore-on-Thames is a pipe dream, given the political traditions of the UK, the recent rise of Corbynism and the size of the country. Minsk-on-Trent is a bugbear: even under Corbyn as a possible future prime minister, the UK is unlikely to slide into authoritarian rule. However, Venice-on-Severn is, sadly, a realistic prospect.

Venice lost its prime position as the trading and banking hub of Europe in the 1500s after the Ottomans cut off access to Middle Eastern trade routes and the resulting Age of Discovery definitively moved trade flows from the Mediterranean to the Atlantic. Venice did not disappear completely but it was reduced to the status of a "museum of nostalgia" for rich European (and now Chinese) tourists.

The UK is about to give up voluntarily many of its European supply chain networks (including all manufacturing that depends on just-in-time delivery from Europe) and will hand over a chunk of the thriving financial sector of the City of London to European competitors Paris, Frankfurt, Amsterdam and Dublin.

However, Paddington Bear, the Loch Ness Monster, the Queen, James Bond and Sherlock Holmes will still be around, in case you are a tourist and started wondering. While Winnie-the-Pooh may finally get his own Doge's Palace.

(158 more daily Brexit Metaphors to follow until Brexit day, March 29, 2019)

King Henry VIII and PM BoJo 500 years later

By George ILIEV Brexit Metaphor No 169 It’s 5 years today since the 2016 Brexit referendum - since king BoJo cut off Britain from Europe. We...