Amid a plethora of announcements by the new UK Prime Minister in a major speech at his party conference, the most consequential for European partners was the commitment to re-visit the UK’s relationship with the EU.
A recent research paper provides evidence of the damage the Brexit vote has caused the UK economy.
These estimates are subject to debate and are based on counterfactual analyses.
Given the current geopolitical context, the EU might be more open to some bespoke arrangements on a path to full membership, evidenced by the recent announcements on Canadian “associate membership”.
