Brexit: The Economics of International Disintegration

  title={Brexit: The Economics of International Disintegration},
  author={Thomas Sampson},
  journal={CEPR Discussion Paper Series},
  • T. Sampson
  • Published 1 September 2017
  • Economics, Political Science
  • CEPR Discussion Paper Series
This paper reviews the literature on the likely economic consequences of Brexit and considers the lessons of the Brexit vote for the future of European and global integration. Brexit will make the United Kingdom poorer because it will lead to new barriers to trade and migration between the United Kingdom and the European Union. Plausible estimates put the costs to the United Kingdom at between 1 and 10 percent of income per capita. Other European Union countries will also suffer economically… 
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