The Long-term Economic Implications of Brexit for Scotland

an Interregional Analysis

Research output: Working paperDiscussion paper

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Abstract

The analysis of this paper offers a cautionary tale about the economic cost of European disintegration. Scotland offers an interesting twist on that story as somewhere that voted to remain part of the EU but is now negatively affected, even though it is less directly exposed to EU trade than the UK, and even if it were to achieve a softer Brexit such as EEA or even full EU membership (as it has aspirations to do). The analysis includes potentially important lessons for the many nations and regions in which there exists pressures to move away from trade liberalisation and towards protectionism.
Original languageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Pages1-55
Number of pages56
Volume17
Publication statusPublished - 2017

Fingerprint

Economics
Scotland
Twist
Protectionism
Economic cost
Trade liberalization
Aspiration
Disintegration

Keywords

  • Scotland
  • Brexit
  • CGE modelling
  • trade

Cite this

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title = "The Long-term Economic Implications of Brexit for Scotland: an Interregional Analysis",
abstract = "The analysis of this paper offers a cautionary tale about the economic cost of European disintegration. Scotland offers an interesting twist on that story as somewhere that voted to remain part of the EU but is now negatively affected, even though it is less directly exposed to EU trade than the UK, and even if it were to achieve a softer Brexit such as EEA or even full EU membership (as it has aspirations to do). The analysis includes potentially important lessons for the many nations and regions in which there exists pressures to move away from trade liberalisation and towards protectionism.",
keywords = "Scotland, Brexit, CGE modelling, trade",
author = "Gioele Figus and Katerina Lisenkova and Peter McGregor and Graeme Roy and Kim Swales",
note = "Published as a paper within the Discussion Papers in Economics, No. 17-11 (2017)",
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language = "English",
volume = "17",
pages = "1--55",
publisher = "University of Strathclyde",
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type = "WorkingPaper",
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}

The Long-term Economic Implications of Brexit for Scotland : an Interregional Analysis. / Figus, Gioele; Lisenkova, Katerina; McGregor, Peter; Roy, Graeme; Swales, Kim.

11. ed. Glasgow : University of Strathclyde, 2017. p. 1-55.

Research output: Working paperDiscussion paper

TY - UNPB

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AB - The analysis of this paper offers a cautionary tale about the economic cost of European disintegration. Scotland offers an interesting twist on that story as somewhere that voted to remain part of the EU but is now negatively affected, even though it is less directly exposed to EU trade than the UK, and even if it were to achieve a softer Brexit such as EEA or even full EU membership (as it has aspirations to do). The analysis includes potentially important lessons for the many nations and regions in which there exists pressures to move away from trade liberalisation and towards protectionism.

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KW - Brexit

KW - CGE modelling

KW - trade

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