Re:UK triggers the official Brexit process in a letter to EU
by presidente20 on Wednesday March 29, 2017 @01:16PM
(#13988457)
It depends on the timescales of the predicted problems. I believe the studies predicted choppy waters whilst the UK divorces from the EU (short to medium term) which in my view is likely. However that's not the same as saying that leaving the EU is in principle bad for the economy.
Secondly there are plenty of economists that think Brexit will work out fine but that is a somewhat unfashionable view so they keep their heads down. Such is the nature of groupthink.
What is it exactly that you think will cause the UK's economic demise?
Re:UK triggers the official Brexit process in a letter to EU
by thenomad on Wednesday March 29, 2017 @01:52PM
(#13988826)
"plenty of economists that think Brexit will work out fine"
Whom? I would be absolutely thrilled to see a credible study which suggests Brexit will be good for the UK.
Re:UK triggers the official Brexit process in a letter to EU
by presidente20 on Wednesday March 29, 2017 @03:17PM
(#13989640)
Well as I say, they keep their heads down. However as you asked here's a couple off the top of my head:
http://www.telegraph.co.uk/business/2016/09/04/britain-can-l... https://www.theguardian.com/business/2016/dec/26/mervyn-king...
The lone study is worth paying attention to. It's from a group calling themselves "Economists For Brexit". It proposes that the UK should, post-Brexit, unilaterally scrap all tariffs. Under those conditions, it predicts a minor rise in the UK's GDP, but notes that it also expects "a sharp rise in inequality".
So basically, everyone credible who has studied Brexit, including the guys calling themselves "Economists For Brexit", reckon that it's going to make the UK worse in some significant way.