The transatlantic dimension of Brexit

Paul Adamson in conversation

Paul Adamson

News & Politics, Rss

4.4 • 7 Ratings

🗓️ 14 December 2017

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Charles Ries, Vice-President, International, RAND Corporation, talks to Paul Adamson about alternate forms of Brexit and their implications for the UK, the EU and the US.

Transcript

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0:00.0	Welcome to Sharp Talk, the regular podcast of E Sharp Magazine. Go to eSharp.E.sharp. EU for free access to all the podcasts to date. This is Paul Adamson and I'm in conversation with Charles Rees. Charles Rees is a vice-person of International of Iran Corporation.
0:22.6	Charlie, full disclosure at the beginning, I'm as you know, a member of the Council of Advisors of Rand Europe,
0:29.6	so people need to know that before we start.
0:31.6	Rand has just published a study called After Brexit, Alternate Forms of Brexit and their implications for the United Kingdom, the European Union, and the United States.
0:41.3	So first things first, Charlie, why did you do this research?
0:44.3	Well, after the referendum in the summer of 2016, we were sitting around.
0:50.3	We have an annual competition in which RAND has a limited pot of money of its own money that it uses to support research where we don't have a sponsor.
0:59.7	And I and some of my colleagues thought that this is the most consequential economic development for many decades in that the UK is proposing to leave the EU.
1:11.6	And we thought it merited some objective analysis,
1:15.6	and particularly given the fact that there has been a lot of analysis of it before,
1:20.6	economic analysis of the idea of leaving the EU before the referendum,
1:26.6	that after the referendum, when the sort of the
1:30.3	range of ways in which the UK could structure its relationships with the EU and the rest of the
1:38.3	world might be a good time to look at this in a systematic way. Also, we thought we could do an objective
1:45.8	job and we could look at the Brexit options also factoring in the United States.
1:51.5	Well, it could we briefly go through the scenarios you sketched out, starting with the WT option?
1:56.3	Yeah, we decided that we were assuming that the United Kingdom leaves the EU.
2:05.9	So we weren't comparing things to continued membership.
2:10.5	Decision had been made.
2:11.7	We weren't seeking to relitigate that.
2:14.8	So we made the base case, basically a no-deal case. That is to say, the UK
2:20.9	trades with the EU and the United States and everyone else on the basis of WTO rules. This is simply
	...

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