
The United Kingdom’s exit from the European Union has already proved costly for the British. Elsa Leromain ( Catholic University of Louvain, London School of Economics BSI Economics) and Maëlle Quillévéré (BSI Economics) will analyze its long-term consequences and the possible economic policies that will be put in place. The change in expectations following the announcement of the referendum result in June 2017 and the resulting loss in value of the pound sterling have had a significant impact on the purchasing power of British households. But what will be the real cost for the European Union? What policies can be put in place, and what would be their impact on the economies of Member States?
We offer an update on the effects of Brexit in Europe, the potential economic policies being considered, and the challenges they raise.
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