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Will a fall in labour migration hurt the UK economy?

Geoff Riley

29th December 2016

Jonathan Portes considers some of the possible effects of a significant reduction in net inward migration from the EU after the UK's Brexit. He argues that " the impacts should not be overstated nor exaggerated; the consequences will be neither insignificant, nor disastrous."

Read the article here

For me the really significant point made in the article is to avoid framing a trade-off between the benefits of remaining inside the Single Market with the downsides of free movement.

According to Portes, "Restricting trade, capital flows and immigration – reducing the openness of the UK economy - all have negative economic impacts."

You can read the full paper here

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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