Brexit

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    It will be cheaper for the UK to trade with EU countries after Brexit – at least in the near term

It will be cheaper for the UK to trade with EU countries after Brexit – at least in the near term

Can the UK reorient its trade and FDI patterns from the European economy to faster-growing markets in Asia, Latin America and Africa, as promised by Brexiters? Saul Estrin, Christine Cote, and Daniel Shapiro explain why in practice it is much cheaper to trade with neighbouring countries, at least in the short to medium term.

One of the arguments made in […]

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    UK financial power after Brexit: understanding the country’s external balance sheets

UK financial power after Brexit: understanding the country’s external balance sheets

Mona Ali argues that the UK’s financial position is reflected in its ‘balance of payment’ dynamics. Here she compares the UK’s external balance sheets with those of the US, and explores the potential implications of Brexit for the country’s politico-economic future. She explains why Brexit is likely to leave the economy adrift for quite some time.

Few nations have been […]

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    Generation wars over Brexit – and beyond: how young and old are divided over social values

Generation wars over Brexit – and beyond: how young and old are divided over social values

Pippa Norris explains how generation gaps divide the electorate and mainstream parties. She writes that, while the EU referendum is a prime example of how these divisions play out in the UK, the changing nature of electoral cleavages raises important questions about politics and party competition in Western democracies more generally.

The Brexit decision shocked Britain’s image of itself, and […]

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    Distorted perceptions: how Leavers and Remainers view the economy – and with what consequences

Distorted perceptions: how Leavers and Remainers view the economy – and with what consequences

There is a divide between how Remainers and Leavers perceive the UK’s economic performance and other policy developments, explain Miriam Sorace and Sara B. Hobolt. A major consequence of this lack of agreement about basic facts is that reaching a consensus on how to navigate Brexit becomes even more complicated.

On the 23 June 2016, UK citizens voted to leave […]

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    The economic policies of both Labour and the Conservatives are distressing for British business

The economic policies of both Labour and the Conservatives are distressing for British business

For years, the binary between left and right when it comes to economics meant that the Conservatives were predominantly supported by that sector. This is no longer the case, writes Iain McMenamin, with business now caught in a bind between the left-wing socialist politics of Jeremy Corbyn and the nationalist foreign economic policy of Theresa May.

Politics used to be easy […]

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    Why dairy products will be more expensive after Brexit, and by how much

Why dairy products will be more expensive after Brexit, and by how much

Britain imports a lot of dairy produce, nearly all of it from the EU. At home, the industry employs a large number of workers from the rest of the EU. Jan Bakker and Nikhil Datta estimate that dairy will become more expensive after Brexit. Even if Britons switch to UK-produced dairy, it will take some years for domestic herds […]

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    Had austerity not happened, Leave support could have been up to 10% lower

Had austerity not happened, Leave support could have been up to 10% lower

A series of cuts since the Coalition government curtailed the welfare state, activating this way a range of existing economic grievances. As a result, in districts that received the average austerity shock UKIP vote shares were up, compared to districts with little exposure to austerity. Thiemo Fetzer writes that the tight link between UKIP vote shares and an area’s […]

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    Brexit’s epicentre: London’s financial services sector and its place in the UK economy

Brexit’s epicentre: London’s financial services sector and its place in the UK economy

Developments in London’s financial district help us understand the precise form that Brexit will take, argues Sarah Hall. She explains why London is distinct to the rest of the UK and writes that, as companies threaten to move to other European cities in anticipation of a ‘no deal’, the government’s decision making is still not reflecting the City’s strategic […]