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The Economics of Brexit - Revisited (Paperback, 1st ed. 2020)
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The Economics of Brexit - Revisited (Paperback, 1st ed. 2020)
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The Economics of Brexit - Revisited builds upon and extends the
analysis contained within the authors' previous book, The Economics
of Brexit: A Cost-Benefit Analysis of the UK's Economic
Relationship with the EU, which arguably represented the most
comprehensive and systematic evaluation of the UK's economic
relationship with the EU. The Economics of Brexit - Revisited
continues where the previous volume left off, given that the UK has
now formally withdrawn from the EU, and therefore the focus of the
evidence presented concerns the potential economic implications
arising from Brexit and considering the options available to those
negotiating the UK's future economic relationship both regionally
and globally. The Economics of Brexit - Revisited seeks to provide
greater clarity to a range of issues that have been hotly debated
over the past few years, ranging from the trade and fiscal
implications of Brexit, to the economic impact of regulation and
migration. The significance of different Brexit options are
discussed in detail, including the significance of demands for
regulatory harmonisation (the 'level playing field'), along with
their implications for UK trade with the EU and the rest of the
world. A wide range of economic analyses are evaluated to determine
their relative methodological strengths and weaknesses, and
ultimately whether their conclusions are sufficiently robust to
engender confidence. Finally, noting that a key determinant of the
effectiveness of any post-Brexit economic strategy depends upon the
degree of flexibility created for economic policy, the book
provides an extended examination of the potential relating to
different economic policy options available to the UK government,
depending upon the form of final trade settlement that is agreed
with the EU. These policy options include more active forms of
macroeconomic management, combined with industrial and procurement
policy. The Economics of Brexit - Revisited therefore seeks to
combine evaluation of the available evidence indicating the
economic impact of Brexit, together with consideration of policy
trade-offs that lie at the heart of the choices surrounding Brexit,
and how these might be resolved. The Economics of Brexit -
Revisited therefore maintains its position as the most
comprehensive analysis of the economics of Brexit in the market
today.
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