Berliner Zeitung (Germany):
Horrorszenario ?No Deal': Keine Brexit-Einigung ware fur die britische Wirtschaft fatal/Horror scenario ?No Deal' no Brexit agreement would be fatal for the British economy
8 June 2017
erall, the Centre for Economic Performance (CEP) calculates, it would be best for the British economy to remain in spite of Brexit part of the EU's common market. This, too, would incur costs, but in the case of a no-deal scenario, these costs would double. The British trade with the EU would break by 40 percent over the next ten years. The overall effect amounted to just under three percent of British per capita income. Every household on the island would cost about 1 900 pounds.
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Furcht vor dem Desaster; BREXIT Großbritannien droht eine schwere Rezession, wenn es keine Einigung mit der EU gibt
In total, the Centre for Economic Performance (CEP) calculates, it would be best for the British economy to remain in spite of Brexit part of the EU's common market. This, too, would incur costs, but in the case of a no-deal scenario, these costs would double. The British trade with the EU would break by 40 percent over the next ten years. The overall effect amounted to just under three percent of British per capita income. Every household on the island would cost about 1900 pounds.
http://www.ksta.de/wirtschaft/brexit-furcht-vor-dem-desaster-27764024
Related publications
‘#GE2017Economists: The Research Evidence on Key Issues for Voters in the 2017 UK General Election’, Stephen Machin and Romesh Vaitilingam (Eds), CEP 2017 General Election Analyses Paper No. EA044, June 2017
http://cep.lse.ac.uk/pubs/download/ea044.pdf
Related links
Trade Programme webpage: http://cep.lse.ac.uk/_new/research/trade/default.asp
Urban and Spatial Programme webpage: http://cep.lse.ac.uk/_new/research/urban/default.asp