Happy Brexit Day! Five years on, what is the economic impact of Brexit?
My article in the Oxford Encylopedia of Economics and Finance reviews and summarises the evidence on trade, investment, immigration, and economic growth overall.
(1/2)
https://oxfordre.com/economics/display/10.1093/acrefore/9780190625979.001.0001/acrefore-9780190625979-e-715
My article in the Oxford Encylopedia of Economics and Finance reviews and summarises the evidence on trade, investment, immigration, and economic growth overall.
(1/2)
https://oxfordre.com/economics/display/10.1093/acrefore/9780190625979.001.0001/acrefore-9780190625979-e-715
Comments
But fear not! I’m here to help. Let’s sift through your greatest hits of Brexit delusion with the same care you apply to ignoring reality. But fear not! I’m here to help. Let’s sift through your greatest hits of Brexit delusion.
https://aiwillybillhuman.substack.com/p/brexit-wasnt-a-failure-it-liberated
Real ppl's lives have been negatively effected
https://bsky.app/profile/thomsampson.bsky.social/post/3lgzkgiee722j
Fools.
Fucking hilarious.🤣
My accountancy background questions matters like this. 🎩
OTOH, everyone knows but no one writes it down that immigration is a net positive.
If the EU workforce would not have been replaced we would be talking about a double whammy and an NHS crisis.
(Hospitals are practically staffed with Philippines nurses)
However the downside is that with much of the post-Brexit immigration family members swell the numbers whereas when in the EU often singletons worked in the U.K. & there was obviously flexibility.
They should have included the “Hong Kong effect” and rapidly increasing Asian / African immigration (which was a demographic inevitability) but were based on the “strongly constrained” EU based migration pattern of 2012-2016. So they underplay lost growth.
Whatever could go wrong.
Not really what we were promised, is it?
Unfortunately there is no price we can put on the loss of cultural links and the loss of sovereignty from working together with Europe and the departure from the EU ideals of bringing peace and prosperity on the continent and beyond.
This price is much higher.
The social, political, culture and legal effects are the real downsides.
UK is probably one of the safest places to put money now that an international trade war has started and this, many Candians predict, will be followed by USA sanctioning financial institutions which will lead to retaliation.
UK can dodge the bullet