
U.K. Brexit Debate: Fear and Economic Models
Interactive Video
•
Business, Social Studies
•
University
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
The video discusses George Osborne's warning of a fiscal crisis if the UK leaves the EU, predicting a £30 billion deficit. The speaker critiques this as part of 'Project Fear', suggesting it has backfired by exaggerating potential negative outcomes. The discussion includes Brexit's probability and its economic impact, with a focus on economic modeling by Professor Patrick Minford, who argues that assumptions in Treasury models are flawed. The speaker shares a personal view that Brexit could improve the economy and governance, emphasizing the importance of democracy and accountability.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the speaker's personal view on the impact of Brexit on the UK economy?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What concerns does the speaker express about the governance structure of the EU?
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OFF
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