Historical context of Brexit

An interview with Professor Nick Crafts on the Economy After Brexit on VoxEu.

Becoming a member of the EU had positive effects on UK’s economy. In this video, Nick Crafts suggests that leaving the EU will very probably have a negative effect on UK GDP, but history does not tell us how strong this effect will be. This video is part of the “Econ after Brexit” series organised by CEPR and was recorded on 14 July 2016.