Brexit ten years on: assessing the economic trade-off and costs
By
Muirinkeating
The bagel they save for the regulars. Don't skim, savour.
Summary
Ahead of the ten-year anniversary of the EU referendum, Jonathan Portes examines the economic impact of Brexit. The article frames Brexit as an inherent economic trade-off — trading deep EU integration for domestic control over migration, regulation, and trade policy. The central question was never whether there would be economic costs, but how large and how quickly they would materialize.
Key quotes
· 3 pulledBrexit was always an economic trade-off.
It was a decision to move away from deep integration with the EU in exchange for greater domestic control over migration, regulation and trade policy.
The question was never whether this would involve costs. It was how large those costs would be, how quickly.
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