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Abstract for:

Brexit: the economics of international disintegration

Thomas  Sampson,  March 2018
Paper No' CEPCP526: | Full paper (pdf)
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Keywords: Brexit, European Union, trade agreements, quantitative trade models, globalization

JEL Classification: F1; F5; F6

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This Paper is published under the following series: CentrePiece Magazine
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Abstract:

Pro-Brexit rhetoric mixes up two distinct interpretations of what made people vote to Leave the European Union – and they have very different policy implications. As Thomas Sampson explains, those voters wanting to reclaim sovereignty may view the likely negative economic impact as a price worth paying. But ‘left-behind’ voters blaming Europe for their economic problems will need policies other than Brexit to address the underlying causes of their discontent.


CentrePiece 23 (1) Spring2018 pages: 22-25

This article summarises ‘Brexit: The Economics of International Disintegration’ by Thomas Sampson, Journal of Economic Perspectives, 31(4): 163-84 (earlier version available as CEP Discussion Paper No. 1499, September 2017.