New study: AN ASSESSMENT OF THE ECONOMIC IMPACTS ARISING FOR IRELAND FROM THE POTENTIAL FUTURE TRADING RELATIONSHIP BETWEEN THE EU AND UK

New study: AN ASSESSMENT OF THE ECONOMIC IMPACTS ARISING FOR IRELAND FROM THE POTENTIAL FUTURE TRADING RELATIONSHIP BETWEEN THE EU AND UK

January 16, 2020

In our newest study for the Irish Department of Business, Enterprise and Innovation, we find that a comprehensive EU-UK Free Trade Agreement could significantly reduce Brexit’s negative impact on the Irish economy. 

The findings suggest that a Brexit outcome based on the revised Political Declaration, agreed in October 2019, is likely to reduce Irish GDP by between 3.2% and 3.9% by 2030 compared with a baseline scenario where the UK remains a member of the EU. This compares to a negative impact of 7.0% in case of a no-deal scenario, modelled in a previous Copenhagen Economics study. 

Learn more about the study
For further information, please contact Erik Dahlberg