WGPlus (Archive)
| Not every ‘expert’ thinks Brexit will be all ‘Doom & Gloom’ |
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According to Open Europe's comprehensive new report, UK GDP in a best case scenario, under which the UK manages to enter into liberal trade arrangements with the EU and the rest of the world, whilst pursuing large-scale deregulation at home, Britain could be better off by 1.6% of GDP in 2030. In a worst case scenario, UK GDP could be 2.2% lower in 2030 if Britain leaves the EU and fails to strike a deal with the EU or reverts into protectionism. However, a far more realistic range is between a 0.8% permanent loss to GDP & a 0.6% permanent gain in GDP, in scenarios where Britain mixes policy approaches. |
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