Should Britain leave the EU? : an economic analysis of a troubled relationship



Should Britain leave the EU? : an economic analysis of a troubled relationship

Patrick Minford... [et al.] ; In association with the Institute of Economic Affairs

E. Elgar, c2015

2nd ed

  • : pbk
  • : cased

大学図書館所蔵 件 / 9



Includes bibliographical references (p. 173-184) and index

Other editors: Sakshi Gupta, Vo Phuong Mai Le, Vidya Mahambare, Yongdeng Xu



Placed in the context of the upcoming referendum, this second edition brings up to date a thorough review of all economic aspects of the UK's membership of the EU. It notes the intention of the EU to move to 'ever closer union' and the nature of the regulatory and general economic philosophy of its dominant members, whose position is enforced by qualified majority voting. The book highlights the UK's dilemma that, while extending free markets to its local region is attractive, this European philosophy and closer union are substantially at odds with the UK's traditions of free markets and freedom under the common law. This comprehensive examination of the economic costs and benefits of membership uses state-of-the-art modeling methods and includes estimates of its net costs as a percentage of GDP. The book explains how the decision to leave would follow from a judgement on the political economy of the EU as compared with that of the UK. It details the misconceptions involved in much of the debate about trade with the EU, and argues that the key issue is not access to markets but rather the prices at which trade takes place. Covered in careful detail is the economics of the UK's trade with the EU in the key sectors of agriculture, manufacturing, and services. BOOK LAUNCH:


Contents: PART I UK COSTS AND BENEFITS OF EU MEMBERSHIP 1. Introduction, The UK's Relationship to the EU, The Aim of this Book and Policy Conclusions 2. The Costs of EU Regulation 3. The Cost of the Euro 4. The Cost of EU Trade Policies for the UK PART II RECENT TRADE DEVELOPMENTS- FACTS AND ANALYSIS 5. Agriculture 6. Manufactures 7. Services Bibliography Index

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