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Brexit: the economics of international disintegration

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  • Thomas Sampson

Abstract

Pro-Brexit rhetoric mixes up two distinct interpretations of what made people vote to Leave the European Union - and they have very different policy implications. As Thomas Sampson explains, those voters wanting to reclaim sovereignty may view the likely negative economic impact as a price worth paying. But 'left-behind' voters blaming Europe for their economic problems will need policies other than Brexit to address the underlying causes of their discontent.

Suggested Citation

  • Thomas Sampson, 2018. "Brexit: the economics of international disintegration," CentrePiece - The magazine for economic performance 526, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcnp:526
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    More about this item

    Keywords

    Brexit; European Union; trade agreements; quantitative trade models; globalization;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • F6 - International Economics - - Economic Impacts of Globalization

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