Economics and politics - comment and analysis

The condition of the British economy before the Brexit. Part 1

Otherwise than many had expected, the British government did not respond hastily to the decision of the voters to withdraw from the EU. Article 50, which officially announces the exit and marks the beginning of the exit negotiations, has still not been activated. After the initial shock of both remainers and leavers, it seems the government wants to conscientiously explor…


Otherwise than many had expected, the British government did not respond hastily to the decision of the voters to withdraw from the EU. Article 50, which officially announces the exit and marks the beginning of the exit negotiations, has still not been activated. After the initial shock of both remainers and leavers, it seems the government wants to conscientiously explore the available options in order to maximise the outcome for the country (see here for my analysis).

In order to assess the chances of the best possible outcome, it is necessary to analyse the economic situation in the United Kingdom. Only when strengths and weaknesses are being identified does it become possible to determine whether an exit will bring advantages or disadvantages. Let us therefore look at the UK’s economic performance over a longer period of time. For this article, I used a three-part series on the United Kingdom that I wrote up together with Friederike Spiecker in 2013 (see here the first part).

Left Labour under constant fire in the media

Economics is one thing, politics is another. There is another very interesting aspect, which is specific to the situation in the UK, the evolution of the Labour Party. In th…
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