In a letter to The Times, Oxford researchers Professor Sir David Hendry, Professor Doyne Farmer, and Dr Max Roser look at how the UK economy has performed since joining the EU.
"Sir, Boris Johnson recently asserted that the “EU is a graveyard of low growth”. This claim merits proper examination to determine, precisely, how the UK, US, Germany and France have done since 1973, the year in which the UK joined the EU. Per capita GDP of the UK economy grew by 103%, exceeding the 97% growth of the US. Within the EU, the UK edged out Germany (99%) and clobbered France (74%)...."
Link to rest of letter in The Times (paywalled): http://www.thetimes.co.uk/edition/co...e-eu-xnzg76pxq
Link to source info (and full text of letter): http://www.inet.ox.ac.uk/news/Brexit
"History is clear: things have gone very well for Britain as a member of the EU."
Letter to The Times shows UK economy blossomed within EU Watch
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Last edited by Doonesbury; 08-06-2016 at 00:53.
- 08-06-2016 00:31
- 08-06-2016 22:44
And people go on about how it's only the French and the Germans who get anything out of the EU....This is an example of us gaining lots from the EU more than the two nations mentioned previously! Of course the same could have happened if we hadn't joined but the truth is we did and it has been beneficial for us.