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Chequers is deeply flawed: a no deal Brexit is far preferable

Lea, Ruth (2018) Chequers is deeply flawed: a no deal Brexit is far preferable. LSE Brexit (20 Sep 2018). Blog Entry.

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Abstract

The Chequers deal is deeply flawed on both economic as well as political grounds - a "no deal" Brexit would be a far preferable solution, argues Ruth Lea. In her opinion, a Chequers-style deal would be economically sub-optimal, tying the UK to the EU's rulebook, but without any influence. On the contrary, in the event of a "no deal" Brexit, trading under the WTO rules could give a major competitiveness boost to the British economy, providing liberalising, outward-looking policies were to be pursued. It is the forward-looking, global option, whereas Chequers would de facto keep us tied to the EU’s relatively slow-growing and saturated markets, she concludes.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/brexit/2018/09/20/chequers-...
Additional Information: © 2018 The Author; Online
Divisions: European Institute
Government
School of Public Policy
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Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HF Commerce
J Political Science > JA Political science (General)
J Political Science > JN Political institutions (Europe)
J Political Science > JZ International relations
Sets: Departments > European Institute
Departments > Government
Research centres and groups > Institute of Public Affairs
Collections > LSE Brexit
Date Deposited: 09 Jan 2019 16:42
Last Modified: 06 Sep 2019 23:18
URI: http://eprints.lse.ac.uk/id/eprint/91615

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