Curiosidade do dia

"The adverse judgment on Brexit is not a forecast. It is a reality. "The Economic Impact of Brexit", whose authors include Stanford's Nicholas Bloom, recently published by the US National Bureau of Economic Research, delivers the verdict: its estimates "suggest that by 2025, Brexit had reduced UK GDP by 6 per cent to 8 per cent ... We estimate that investment was reduced by between 12 per cent and 18 per cent, employment by 3 per cent to 4 per cent and productivity by 3 per cent to 4 per cent." If this is even roughly correct, Brexit has been nothing short of an economic disaster. As a thought-provoking paper "Getting Britain out of the hole: A plan for the economy" by Andrew Sissons of the innovation agency Nesta and John Springford of the Centre for European Reform argues, the UK's biggest error has been to make war on its own strengths. Brexit is, arguably, the most striking example of this. 

...

No wonder so many people think Farage cannot be worse than what they have been experiencing. This is a forlorn hope: populists always make things worse. But orthodox politicians have been doing so poorly that it is indeed a perfectly natural temptation.

So, what do I hope for from Wednesday's Budget? Some sight of a workable and coherent long-term economic strategy. I do not expect it. It may already be too late. But, without that, it is hard to be optimistic about the UK's future."

 

Trechos retirados de "How to get the UK out of its economic hole" no FT de hoje.