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

pt. 1. UK costs and benefits of EU membership -- pt. 2. Recent trade developments - facts and analysis

Bibliographic Details
Main Author: Minford, Patrick
Other Authors: Gupta, Sakshi
Format: eBook
Language:English
Published: Cheltenham Edward Elgar Pub. Ltd 2015
Edition:2nd ed
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
Description
Summary:pt. 1. UK costs and benefits of EU membership -- pt. 2. Recent trade developments - facts and analysis
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: http://www.iea.org.uk/events/launch-new-edition-of-should-britain-leave-the-eu
Physical Description:200 p
ISBN:9781785360336
9781785360343
9781785360329