Skip to main content

EU Observer.com:
Brexit would be 'very costly gamble'

16 May 2014

Increased trade and regulatory costs would cost the UK economy up to 9.5 percent of its output if the UK left the European Union, according to new research by the London School of Economics. The findings are contained in the 'Brexit or Fixit?' report by researchers at the Centre for Economic Performance, which forms part of the university. ''Our current assessment is that leaving the EU would be likely to impose substantial costs on the UK economy and would be a very risky gamble,'' the paper states.

This article was published online by EU Observer.com on May 16, 2014
Link to article here

Related publications
'Brexit or Fixit? The Trade and Welfare Effects of Leaving the European Union', G.I.P. Ottaviano, Joao Paulo Pessoa, Thomas Sampson and John Van Reenen, Centre for Economic Performance Policy Analysis No.16, May 2014
The Costs and Benefits of Leaving the EU, Gianmarco Ottaviano, Joao Paulo Pessoa, Thomas Sampson and John Van Reenen, CEP mimeo/technical paper, May 2014

Related links
Gianmarco Ottaviano webpage
Joao Paulo Pessoa webpage
Thomas Sampson webpage
John Van Reenen webpage
Globalisation Programme webpage
Productivity and Innovation Programme webpage

Read more... EU Observer.com