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Brexit remains far from over: the “slow burn” of EU-exit will stress the British economy long term

Shen, Dennis (2021) Brexit remains far from over: the “slow burn” of EU-exit will stress the British economy long term. LSE Brexit (19 Jan 2021). Blog Entry.

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Abstract

The EU-UK Trade and Cooperation Agreement represents another step in a drawn-out, phase-by-phase Brexit, according to Dennis Shen (Scope Ratings). While the UK is expected to ultimately maintain significant access to the single market, the new customs border and uncertainties around the degree of future single-market access of UK services exporters raise economic costs. In the end, an end-state like a Swiss-esque model except accelerated with respect to the cumulative negotiation horizon, and negotiated in reverse with the UK having started from fully-frictionless trade, looks possible.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/brexit/
Additional Information: © 2021 The Author
Divisions: LSE
Subjects: J Political Science > JN Political institutions (Europe) > JN101 Great Britain
J Political Science > JZ International relations
Date Deposited: 12 Mar 2021 11:33
Last Modified: 12 Sep 2021 23:03
URI: http://eprints.lse.ac.uk/id/eprint/108684

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