U.K. Brexit Debate: Fear and Economic Models

U.K. Brexit Debate: Fear and Economic Models

Assessment

Interactive Video

Business, Social Studies

University

Hard

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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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