A Brexit deal that minimizes damage for working people?

Ozlem Onaran

No 16297, Greenwich Papers in Political Economy from University of Greenwich, Greenwich Political Economy Research Centre

Abstract: In this brief we discuss the impact on the economy through five channels via the effects of Brexit on trade, migration, budget deficit, private investment, and the depreciation of the pound. Moving forward, a Brexit deal that minimizes damage for working people would require minimum distortion to the relationship with Europe. This requires negotiating membership to the customs union as well as access to the single market.

Keywords: UK Referendum; Brexit; Europe; Inequality; Wages; Globalization; Migration; Capital mobility (search for similar items in EconPapers)
JEL-codes: E12 E22 E25 (search for similar items in EconPapers)
Date: 2017-02-07
New Economics Papers: this item is included in nep-int and nep-mac
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