The Guardian:
Predictions of recession if UK leaves EU based on 'bizarre assumptions'
2 June 2016
Economists campaigning for Britain to leave the European Union have accused the Treasury and international institutions of ''groupthink'' in a report that says growth would be boosted if all trade barriers were removed after a leave vote in this month's referendum. ... Prof Patrick Minford said all the studies showing that leaving the EU would have detrimental consequences for the economy were based on the ''same flawed model'' and the ''same damaging assumptions''. ... ''In recent weeks, there has been a relentless stream of output from modelling groups on the topic of Brexit - all of it negative. This has included long-term and short-term reports from not merely the Treasury but also the Centre for Economic Performance at the LSE, PWC, Oxford Economics, the National Institute for Economic and Social Research, the OECD and the IMF,'' Minford said.
This article was published by The Guardian on June 2, 2016
Link to article here
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Swati Dhingra webpage
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Labour Markets Programme webpage
Trade Programme webpage
Growth Programme webpage