Conclusions

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Chapter 9 in After Brexit, What Next?, 2020, pp 166-167 from Edward Elgar Publishing

Abstract: With the UK now freed of EU control, I examined all the critical levers of UK policy in this book to see how they could be reformed to create a ‘new dawn’ for the UK economy: in part I, the detailed ‘micro’ effects of trade tariffs and other barriers, taxation and regulation, where we should embark on a radical free trade policy towards the rest of the world, while opening up the economy to innovation and industrial change by a pro-competitive regulative agenda; also a new tax system, with a wide consumption base and the lowest possible marginal tax rates, to help spur the entrepreneurial innovation required. In part II, I reviewed the workings of fiscal and monetary policy: these powerful levers that control aggregate demand should be used to support this micro reform agenda.

Keywords: Economics and Finance; Environment; Law - Academic; Politics and Public Policy (search for similar items in EconPapers)
Date: 2020
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