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An Assessment of the Economic Impact of Brexit on the EU27. 22 March 2017

Emerson, Michael and Busse, Mathias and Di Salvo, Mattia and Gros, Daniel. and Pelkmans, Jacques. (2017) An Assessment of the Economic Impact of Brexit on the EU27. 22 March 2017. [Policy Paper]

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    Abstract

    This paper, managed by the Policy Department on Economic and Scientific Policies for the Committee on Internal Market and Consumer Protection, assesses the likely impact of Brexit on EU27, together with some scenarios for the terms of the UK’s secession. For the EU 27, the losses are found to be virtually insignificant, and hardly noticed in the aggregate. By contrast, for the UK, the losses could be highly significant, over ten times greater as a share of GDP. Impacts on various Member States – in particular Ireland – and sectors in the EU27 could be more pronounced.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > Brexit
    Countries > U.K.
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Special Reports
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 23 Mar 2017 08:51
    Number of Pages: 60
    Last Modified: 23 Mar 2017 08:51
    URI: http://aei.pitt.edu/id/eprint/85602

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