The UK Economy and Brexit

  • David Blackaby
Part of the Advances in Theory and Practice of Emerging Markets book series (ATPEM)


This paper reviews some important literature on the likely implications of Brexit on the UK economy, including that from some of the large forecasting organisations in the UK. Most of these forecasts suggest that the economy will be smaller than it would have been had the UK remained in the EU going forward, though the extent will depend on the trading arrangements which are put in place following Brexit. The paper also reviews research on the implications of Brexit on different household types and areas within the UK. Implications for foreign direct investment (FDI), emerging markets as well as SMEs are discussed, including the potential to damage important supply chains and just-in-time production methods.


Brexit Emerging Markets EU Impact UK 



The author is grateful to those who took part in the Emerging Markets and Brexit, EMaRC workshop, 3 July 2017, Swansea University for helpful comments. Financial support from the Economic and Social Research Council (ESRC) grant number ESL009099/1 is gratefully acknowledged.


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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of Economics, School of Management, Swansea University, Bay CampusSwanseaUK

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