Richard Baldwin

The June 2016 Brexit referendum saw British voters reject membership of the European Union. Now that a decision has been made, it is time to look forward and find the best solutions for the future of both the UK and the EU. This VoxEU eBook regroups the views of more than a dozen leading economists and specialists on a broad range of issues, from various perspectives.

Contents

Introduction

Richard E. Baldwin

Brexit: The vote and the voters

1 Brexit and globalisation

Diane Coyle

2 Brexit realism: What economists know about costs and voter motives

David Miles

3 Lousy experts: Looking back at the ex ante estimates of the costs of Brexit

Nauro F. Campos

4 This backlash has been a long time coming

Kevin H. O’Rourke

Trade policy and the City

5 The UK’s new trade priorities

Angus Armstrong

6 UK-EU relations after Brexit: What is best for the UK economy?

Swati Dhingra and Thomas Sampson

7 The Ten Commandments of an independent UK trade policy

Simon J. Evenett

8 Negotiating Britain’s new trade policy

Jim Rollo and L Alan Winters

9 Brexit: Lessons from history

Nicholas Crafts

10 Brexit – what happens to banking?

Patricia Jackson

11 The implications of Brexit for the City

Michael McMahon

Labour issues

12 Immigration – the way forward

Jonathan Portes

13 Brexit and wage inequality

Brian Bell and Stephen Machin

14 Brexit and labour markets

Barbara Petrongolo

Scotland and Northern Ireland

15 Brexit – a view from north of the border

Ian Wooton

16 Ireland and Brexit

John FitzGerald and Patrick Honohan

Issues for the EU

17 A month after the Brexit vote: More turmoil to come

Thorsten Beck

18 The EU must adapt to survive

Charles Wyplosz

19 How to prevent Brexit from damaging the EU

Paul De Grauwe

20 Science after Brexit

Paul Nightingale