Alternative Brexit Economic Analysis

Author (Person)
Publication Date February 2018
Content Type

Economists for Free Trade
Economists for Free Trade comprises 16 leading economists and is the largest of its kind in the UK bringing together experts in trade, macroeconomics, monetary policy and forecasting, together with extensive experience advising Governments on economic policy. The group includes six former economic advisers to government and eight university professors.

The full report, From Project Fear to Project Prosperity, was to be published in the autumn of 2017. Over a few months, EFT would release some of the separate chapters of the report covering topics such as EU governance and regulation, trade models, trade negotiations, the City, Migration, post-Brexit spending and forecasts for the UK economy.
The pro-Brexit think tank Economists for Free Trade (EfFT) issued a report in February 2018 called Alternative Brexit Economic Analysis (ABEA).

The ABEA, flatly rejected Whitehall’s pessimism as expressed in a leaked report EU Exit Analysis – Cross Whitehall Briefing to the news website Buzzfeed earlier in January 2018. The ABEA predicted that leaving the EU would boost the the UK's economy by 2-4%, in contrast with the Whitehall (civil service) forecasts of up to an 8% hit to gross domestic product.

The report was produced by four leading independent economists, all with a track record in economic forecasting: Roger Bootle (Economists for Free Trade), Gerard Lyons (City economist), Professor Patrick Minford (Cardiff University and Chair of Economists for Free Trade), and Julian Jessop (Chief Economist at the Institute of Economic Affairs).

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Related Links
ESO: In Focus: Brexit - The United Kingdom and the European Union
Conservative Home, 30.01.18: The leaked Brexit forecast makes great headlines, but it won’t change minds
In Facts, 31.01.18: Government u-turn over ploy to hide Brexit damage
United Kingdom: House of Commons: Library: Briefing Paper, No.8128 (09.03.18): Exiting the EU: sectoral impact assessments (et al)
Blog: United Kingdom Trade Policy Observatory (Sussex University), 22.02.18: Will unilateral free trade be the making of Brexit?
BuzzFeed News, 29.01.18: This Leaked Government Brexit Analysis Says The UK Will Be Worse Off In Every Scenario

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