Skip to main content

The World Weekly:
OECD unveils damning Brexit verdict

27 April 2016

The UK will pay a heavy price if it votes to leave the EU on June 23, the OECD, an economic forum of mainly rich countries, said on Wednesday. ''Our conclusion is unequivocal. The UK is much stronger as a part of Europe, and Europe is much stronger with the UK as a driving force,'' Secretary General Angel Gurria said at the London School of Economics, where he presented his organisation's assessment of the consequences of Brexit.

The report is marginally more optimistic about the long-term economic impact of Brexit than the UK's finance ministry and the LSE's Centre for Economic Performance. It is slightly more pessimistic than papers by Oxford Economics, a consultancy, and Open Europe, a think-tank.

This article was published online by The World Weekly on April 27, 2016
Link to article here

CEP Event details
CEP Public Lecture on April 27, 2016: 'To Brexit or not to Brexit: a taxing question' given by Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development (OECD). Moderator: Dr Thomas Sampson; Chair: Professor Lord Stern.
Download the speech here

Related publications
The BREXIT 2016 Policy Analysis Series from the Centre for Economic Performance can be found here

Related links
Swati Dhingra webpage
Hanwei Huang webpage
Gianmarco Ottaviano webpage
Thomas Sampson webpage
John Van Reenen webpage
Growth Programme webpage
Trade Programme webpage

Read more... The World Weekly