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El 'brexit' golpearia al comercio del Reino Unido y reduciria su PIB

18 June 2016

In addition, ''agreements with third countries would be predictably less beneficial for the United Kingdom if it negotiated them alone rather than as part of the European Union,'' he told Dr Swati Dhingra, Economist at the Centre for economic performance (CEP). On the other hand, the contraction of the GDP affects tax revenues and therefore harms the State deficit, and at the same time that affects the labour market, increasing unemployment and reducing wages, said Holger Breinlich, Professor of the school of business at the University of Nottingham.

This article was published online by Investing.com (Spain) on June 18, 2016
Link to article here

Related publications
BREXIT 2016: Policy Analysis from the Centre for Economic Performance, Holger Breinlich, Swati Dhingra, Saul Estrin, Hanwei Huang, Gianmarco Ottaviano, Thomas Sampson, John Van Reenen and Jonathan Wadsworth, CEP Brexit Analysis Paper No.08, June 2016
Who Bears the Pain? How the costs of Brexit would be distributed across income groups, Holger Breinlich, Swati Dhingra, Thomas Sampson and John Van Reenen, CEP Brexit Analysis Paper No.07, June 2016

Related links
Holger Breinlich webpage
Swati Dhingra webpage
Trade Programme webpage

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