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The Economics of Brexit

Revisited

Authors: Whyman, Philip B., Petrescu, Alina I.

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  • Allows fresh analysis of likely post-Brexit trade frictions, which has formed the core argument for a customs union
  • Provides a more detailed discussion relating to the UK’s industrial strategy and the extent to which different Brexit options allow regulatory difference
  • Incorporates the latest data, thereby enabling firmer conclusions to be drawn as to the effects that the referendum result has had thus far on the UK economy
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About this book

The Economics of Brexit – Revisited builds upon and extends the analysis contained within the authors' previous book, The Economics of Brexit: A Cost-Benefit Analysis of the UK's Economic Relationship with the EU, which arguably represented the most comprehensive and systematic evaluation of the UK’s economic relationship with the EU. The Economics of Brexit – Revisited continues where the previous volume left off, given that the UK has now formally withdrawn from the EU, and therefore the focus of the evidence presented concerns the potential economic implications arising from Brexit and considering the options available to those negotiating the UK's future economic relationship both regionally and globally. The Economics of Brexit – Revisited seeks to provide greater clarity to a range of issues that have been hotly debated over the past few years, ranging from the trade and fiscal implications of Brexit, to the economic impact of regulation and migration. The significance of different Brexit options are discussed in detail, including the significance of demands for regulatory harmonisation (the 'level playing field'), along with their implications for UK trade with the EU and the rest of the world. A wide range of economic analyses are evaluated to determine their relative methodological strengths and weaknesses, and ultimately whether their conclusions are sufficiently robust to engender confidence. Finally, noting that a key determinant of the effectiveness of any post-Brexit economic strategy depends upon the degree of flexibility created for economic policy, the book provides an extended examination of the potential relating to different economic policy options available to the UK government, depending upon the form of final trade settlement that is agreed with the EU. These policy options include more active forms of macroeconomic management, combined with industrial and procurement policy. The Economics of Brexit – Revisited therefore seeks to combine evaluation of the available evidence indicating the economic impact of Brexit, together with consideration of policy trade-offs that lie at the heart of the choices surrounding Brexit, and how these might be resolved.        

The Economics of Brexit – Revisited therefore maintains its position as the most comprehensive analysis of the economics of Brexit in the market today.

 

About the authors

Philip B. Whyman is Professor of Economics and Co-Director of the UCLan Research Centre for Business, Management and Enterprise (URCBME), at the Lancashire School of Business and Enterprise, University of Central Lancashire, UK. Philip has authored, co-authored or co-edited twenty books and more than 50 articles in learned journals. His areas of research include European economics and the economics of Brexit, economic policy and labour economics.          

Alina I. Petrescu is Research Fellow in Labour Economics at the University of Central Lancashire, UK. Alina's research covers aspects of the economics of European integration and labour economics, in particular workplace flexibility practices and their ability to improve company and employee performance.           

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Table of contents (9 chapters)

Table of contents (9 chapters)
  • The Elusive Economic Consensus over Brexit

    Pages 1-41

    B. Whyman, Philip (et al.)

  • The Fiscal Impact of Brexit

    Pages 43-69

    B. Whyman, Philip (et al.)

  • Brexit and Trade

    Pages 71-115

    B. Whyman, Philip (et al.)

  • Foreign Direct Investment (FDI) After Brexit

    Pages 117-160

    B. Whyman, Philip (et al.)

  • Regulation

    Pages 161-181

    B. Whyman, Philip (et al.)

Buy this book

eBook $24.99
price for USA in USD
  • ISBN 978-3-030-55948-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $34.99
price for USA in USD
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Bibliographic Information

Bibliographic Information
Book Title
The Economics of Brexit
Book Subtitle
Revisited
Authors
Copyright
2020
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
eBook ISBN
978-3-030-55948-9
DOI
10.1007/978-3-030-55948-9
Softcover ISBN
978-3-030-55947-2
Edition Number
1
Number of Pages
XXXV, 390
Number of Illustrations
2 b/w illustrations, 69 illustrations in colour
Topics