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Economic Policy After Brexit

In: The Economics of Brexit

Author

Listed:
  • Philip B. Whyman

    (University of Central Lancashire)

  • Alina Ileana. Petrescu

    (University of Central Lancashire)

Abstract

One area almost completely ignored by economic studies, and yet which has possibly the greatest potential to influence whether Brexit will ultimately be viewed as a policy success or failure, concerns the flexibility of UK policy formation. Depending upon the final form that Brexit takes, it has the potential to present policy makers with additional policy instruments which are not currently available and which have the potential to transform the national economy. Active forms of industrial and procurement policies are the most obvious examples and are examined in some detail in this chapter. Similarly, this chapter discusses macroeconomic options to reduce uncertainty and provide a solid foundation to encourage higher rates of investment and capital formation than have been the norm in the UK for decades.

Suggested Citation

  • Philip B. Whyman & Alina Ileana. Petrescu, 2020. "Economic Policy After Brexit," Springer Books, in: The Economics of Brexit, edition 1, chapter 0, pages 271-323, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-55948-9_8
    DOI: 10.1007/978-3-030-55948-9_8
    as

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