Brexit: Alternative logic
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
- Geography Tags
- Europe
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Miguel Jiménez
BBVA Research - Lead Economist
Documents and files
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Press Article (PDF)
Miguel_Jimenez_Brexit_logicas_alternativas_ElPais_WB.pdf
Spanish - February 10, 2020