Season 1 · Episode 361
Has Brexit stymied the UK recovery?
Can we blame Brexit for Britain's tardy post-COVID recovery, or is there something more fundamental going on?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
July 26, 202341m 50s
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Show Notes
The UK is recovering slower than just about anyone from the pandemic. The UK’s GDP is flat compared to where it was four years ago, whereas most countries have recovered from the pandemic, and then some. Inflation rose faster than most comparable economies and is taking longer to come down. So why is the UK struggling so much. This week Phil asks Steve the obvious question, has Brexit got something to do with it? And what role does a growing trade deficit play in the tardiness of Britain’s recovery?
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