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Making sense of the costs and benefits of Brexit: challenges for economists

Begg, Iain (2017) Making sense of the costs and benefits of Brexit: challenges for economists. Atlantic Economic Journal. ISSN 0197-4254

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Identification Number: 10.1007/s11293-017-9550-x


The UK’s decision to leave the European Union will have a wide-ranging effect on the British economy, but the scale and sequencing of the likely effects are hard to gauge. The uncertainties surrounding how a country separates itself from a regional economic bloc have posed challenges to the economics profession about how best to analyse the many consequences. The paper discusses the main lines of relevant economic argumentation, and reviews the evidence from studies of the likely effects of “Brexit”. It then considers how the UK’s economic linkages with the EU might evolve and examines some of the ensuing political economy challenges. The concluding section ponders the role of economists in so contentious a political development.

Item Type: Article
Official URL:
Additional Information: © 2017 International Atlantic Economic Society © CC BY 4.0
Divisions: European Institute
Subjects: H Social Sciences > HC Economic History and Conditions
J Political Science > JN Political institutions (Europe)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited: 19 Jul 2017 13:37
Last Modified: 16 May 2024 02:33

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