Source: Nevin Economic Research Institute

nevin

This 30-page report from the Nevin Economic Research Institute (NERI), which is closely linked to the Irish and international trade union movement, was published in April 2016 with heavy use of the conditional tense. It certainly confronted the scope and scale of the potential fallout with ruthless realism: ” … GDP in the UK could be disrupted by as little as 1 per cent or as much as 9 per cent in a worst case scenario. In reality the nature of the UK’s trading relationship will be decided by political factors and there is no economic modelling that can predict such outcomes.”