Lock, Tobias and Zuleeg, Fabian (2018) Extending the transition period. EPC Discussion Paper, 28 September 2018. [Discussion Paper]
Abstract
In the current debate, much focus is on the imminent cliff edge: can a consensus be found on the draft Withdrawal Agreement or will the UK leave without such an agreement (‘no deal’) on 29 March 2019, prompting logistical chaos and legal uncertainty that will make the movement of people, goods, services and capital almost impossible. Given the imminence and severe impact of this possibility, it is not surprising that the focus is on this scenario. However, a second cliff edge is looming at the end of the transition period, and action must be taken now to avoid it
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