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Benefits Canada:
How would Brexit impact the financial industry?

15 April 2016

Whether Britain loses access to the single market depends on the terms of any exit. Under the optimistic scenario, Britain would join the European Economic Area as non-member countries like Norway and Switzerland have done, says Thomas Sampson, assistant professor of economics at the London School of Economics. Membership in that area provides full single-market access. Under the pessimistic scenario, Britain wouldn't join the European Economic Area. ''Then there would be bilateral negotiations between Britain and the EU over what kind of access Britain has,'' says Sampson.

This article was published online by Benefits Canada on April 15, 2016
Link to article here

Related publications
The Impact of Brexit on Foreign Investment in the UK, Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen, CEP Brexit Analysis No.3, April 2016
See the complete set of CEP Brexit Analysis research papers here.

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

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