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Published on Monday, February 10, 2020

Brexit: Alternative logic

Summary

The prevalence of highly Euroskeptic ideas in the UK throughout the Brexit process has been a constant surprise in Europe and these ideas are an example of how cultural and political biases are sometimes imposed on economic logic.

Key points

  • Key points:
  • After the United Kingdom's withdrawal, a long period of calm had been expected before the transitional stage ends. But the truce did not last long.
  • Common sense still dictates that completely breaking down the relationship between two heavily integrated areas does not benefit anyone, but it hurts the smallest area the most (that area being, in this case, seven times smaller).

Geographies

Topics

Documents and files

Press Article (PDF)

Miguel_Jimenez_Brexit_logicas_alternativas_ElPais_WB.pdf

Spanish - February 10, 2020

Authors

MJ
Miguel Jiménez BBVA Research - Lead Economist
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