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The long-term economic implications of a Brexit might not be as negative as many studies suggest

Codogno, Lorenzo (2016) The long-term economic implications of a Brexit might not be as negative as many studies suggest. LSE Brexit (16 Jun 2016). Blog Entry.

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Abstract

The long-term economic implications of a Brexit might not be as negative as many studies suggest, writes Lorenzo Codogno. The UK government could seek more favourable solutions on trade than the default options of the WTO framework or bilateral renegotiations of all the treaties. Moreover, economic policy has a role to play in mitigating the negative consequences. The long-term economic implications may thus be overstated, but the immediate risks may instead be underestimated. Brexit would act as a catalyst and trigger a typical balance of payment crisis, with a likely deep depreciation of the GBP and potential negative spillovers in the global financial markets.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/brexit/
Additional Information: © 2016 The Author(s); Online
Divisions: European Institute
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JC Political theory
J Political Science > JN Political institutions (Europe)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Departments > European Institute
Collections > LSE Brexit
Date Deposited: 10 Apr 2017 09:33
Last Modified: 10 Sep 2019 23:22
URI: http://eprints.lse.ac.uk/id/eprint/73109

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