This week’s IGM European Economic Experts Panel statements:
A) Following the UK election result, the certainty that the country is going to leave the European Union will provide a substantial short-term boost to the UK economy.
B) Given that the transition period currently expires at the end of 2020, there is still a considerable risk that the UK will leave the European Union without a trade agreement.
C) Leaving the European Union without a trade agreement would have a large negative impact on the UK economy.
By Topic
This week's US Economic Experts Panel statements:
A) The UK economy is likely to be at least several percentage points smaller in 2030 than it would have been if the country had remained in the European Union.
B) The aggregate economy of the 27 countries still in the EU is likely to be at least several percentage points smaller in 2030 than if the UK had not left.
This week's European Economic Experts Panel statements:
A) The UK economy is likely to be at least several percentage points smaller in 2030 than it would have been if the country had remained in the European Union.
B) The aggregate economy of the 27 countries still in the EU is likely to be at least several percentage points smaller in 2030 than if the UK had not left.
This week’s IGM Economic Experts Panel statements:
A) Implementing a "destination based cash flow tax (including border adjustment)" of the type advocated by Speaker Ryan would substantially reduce the US trade deficit within the next few years.
B) Implementing a "destination based cash flow tax (including border adjustment)" of the type advocated by Speaker Ryan would substantially raise prices for US consumers.
This week’s IGM Economic Experts Panel statements:
A) Following the UK election result, the certainty that the country is going to leave the European Union will provide a substantial short-term boost to the UK economy.
B) The near certainty that the UK will leave the European Union's customs union and single market in 2020 offers a sizeable export market opportunity for American business.
This week’s IGM Economic Experts Panel poll statement:
Federal mandates that government purchases should be “buy American” unless there are exceptional circumstances, such as in the American Recovery and Reinvestment Act of 2009, have a significant positive impact on U.S. manufacturing employment.
This week’s IGM Economic Experts Panel statement:
Experience over the past 30 years shows that for the typical emerging market nation facing rapid capital outflows, spending foreign currency reserves to defend its currency is a better policy for its citizens than not doing so.
This week's IGM European Economic Experts Panel Statements:
A) Trade with China makes most Europeans better off because, among other advantages, they can buy goods that are made or assembled more cheaply in China.
B) Some Europeans who work in the production of competing goods, such as clothing and furniture, are made worse off by trade with China.
C) If the EU followed the new US steel tariffs by imposing similar EU tariffs on steel from China, it would improve Europeans’ welfare.
This week's IGM Economic Experts Panel statements:
A) Trade with China makes most Americans better off because, among other advantages, they can buy goods that are made or assembled more cheaply in China.
B) Some Americans who work in the production of competing goods, such as clothing and furniture, are made worse off by trade with China.
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