The UK government faces a major challenge in formulating a clear plan for Brexit. Its current position is that departing the EU necessarily entails leaving the European Economic Area and customs union. The Prime Minster has said that ‘no deal’ is better than a ‘bad deal’. Thus it is possible that at the end of March 2019, the UK will fall back on ‘WTO rules’. While the government may have worked out the legal and institutional implications of this scenario, it has not shared this information with the public. By its own admission, the government has not undertaken any economic analysis of the possible effects of Brexit, beyond the work carried out by the Treasury before the referendum of June 2016. In these circumstances, there is an urgent need for informed public debate on the consequences of Brexit.
At this workshop, organised jointly by the Cambridge Public Policy Strategic Research Initiative and Centre for Business Research (CBR), the state of the art on legal issues which include the WTO option, migration, citizen’s rights, the UK’s ‘exit bill’, free movement, and social policy, will be discussed, along with analysis of the constitutional and geopolitical context of Brexit. There will also be a presentation of the latest results from the CBR’s economic forecasting model, UKMOD, which has earned a reputation for accuracy and even-handedness in its analysis of the effects of Brexit.
Supported by the University of Cambridge Impact Acceleration Account.