Economics of Brexit

Long read: Which groups will suffer most as a consequence of Brexit?

Kitty Stewart (LSE) reviews the evidence on how Brexit is expected to affect different population groups and asks whether it might, at least, reduce income inequality.

How are the effects of Brexit expected to fall across different groups in the population? We consider the possible differential impact by region, sector, skill-level and income group, and what government might do to mitigate some […]

Why should African universities care about Brexit?

Brexit is a British and a European matter. So why should people involved in African higher education care about it? Because the uncertainties associated with this divorce transcend the EU, write Patrício Langa (University of the Western Cape and Eduardo Mondlane University) and Patrick Swanzy (University of the Western Cape), and are likely to affect other parts of the globe […]

Brexit is unnecessary. Indeed, we already enjoy some of its advantages

The UK has been the most successful of all the EU member states in getting its own way in the EU. We have our own form of membership. We get all the advantages of membership and we avoid some of what we have seen as its big disadvantages, writes Philip Allott (University of Cambridge).

The Brexit negotiations have been a prolonged […]

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    Europeans scarred by globalisation are more likely to support Brexit too

Europeans scarred by globalisation are more likely to support Brexit too

Simone Baglioni, Olga Biosca, Tom Montgomery (Glasgow Caledonian University)  reveal that those who were more likely to support Brexit in continental Europe belonged to social groups who have paid the highest costs for globalisation. They argue that this is because political leadership at the EU level has failed to defend societies from the scarring effects of globalisation and the […]

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    The success of Erasmus+ will be very difficult to replicate

The success of Erasmus+ will be very difficult to replicate

In the general confusion surrounding Britain’s relationship with the EU, the Erasmus+ programme has been a casualty. Anne Corbett (LSE) looks at the programme’s origins in the 1950s and the lessons that Erasmus’s slow journey to fruition have for any ‘Erasmus Lite’ replacement.

As Britain heads for its still unknown Brexit destination, concern about the EU programme Erasmus+ is growing. […]

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    What explains the City of London’s ineffectiveness at shaping the Brexit negotiations?

What explains the City of London’s ineffectiveness at shaping the Brexit negotiations?

Given the importance of the financial services industry to the UK, why has it not been more successful in shaping the Brexit negotiations? This weakness is rooted in the contingency of the City of London’s position within the British state, and the system of pluralist representation upon which it rests, write Thomas Warren (University of East Anglia), Scott James […]

Voting for Brexit has already made the UK poorer

How has voting to leave the EU affected the UK’s economy? The difficulty in answering this question is that we do not know what would have happened to the economy if Remain had won. Consequently, researchers look for ways to estimate what would have happened. For example, how would the UK’s economic output have changed since June 2016 if […]

WTO tariffs in a no-deal Brexit: what the impact would be

The government has announced it will cut many tariffs to zero in the event of a no-deal Brexit. Edgar Morgenroth (Dublin City University) explains why it is so keen to avert the economic blow that reverting to WTO tariffs would deal to the UK economy. It would be over four and a half times worse for the UK than the […]

What should replace EU regional development funds after Brexit?

Have EU funds benefited the UK – and which aspects of EU Cohesion Policy should be maintained if they are replaced? Marco Di Cataldo and Vassilis Monastiriotis (LSE) argue that the funds have significantly contributed to regional growth in the UK, particularly in poorer areas. Strategic investments have played a distinct role in the economic growth of UK regions, and […]

Why the EU-Japan trade deal matters for Brexit

The EU-Japan Economic Partnership Agreement entered into force at the start of this month, but it is unclear whether the UK can retain the benefits of the agreement after it leaves the EU. Han Dorussen writes that the UK risks being excluded from what Brexiteers want: a free trade area ‘beyond Europe’ and greater ‘global influence’.

On February 1st, the EU-Japan […]