Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

Should Britain leave the EU? An economic analysis of a troubled relationship (2nd edition)

Minford, Patrick ORCID:, Gupta, Sakshi, Le, Vo Phuong Mai ORCID:, Mahambare, Vidya and Xu, Yongdeng ORCID: 2015. Should Britain leave the EU? An economic analysis of a troubled relationship (2nd edition). United Kingdom: Edward Elgar. 10.4337/9781785360336

Full text not available from this repository.


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. Written in non-technical language accessible to the interested layman, this timely second edition is essential reading ahead of the upcoming referendum on EU membership in the UK.

Item Type: Book
Book Type: Authored Book
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Publisher: Edward Elgar
ISBN: 978-1785360343
Last Modified: 04 Nov 2022 12:32

Citation Data

Cited 16 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item Edit Item