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Brexit and the Cat

Török, Ádám (2016) Brexit and the Cat. Acta Oeconomica, 66 (Supple). pp. 5-19. ISSN 0001-6373

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Abstract

Abstract Erwin Schrödinger’s Cat model is a thought experiment from quantum mechanics to visualise “neither dead, nor alive” types of transitional situations. This essay draws certain parallels between this Cat and the Brexit process. A process that has been initiated but, in a strictly legal sense, not yet unleashed. It might be officially launched one day by the UK government, but without any certainty as to whether it would be completed at all. There seems to be no trade policy model, which would be optimal for both sides: keeping the UK within the Single European market for goods and capital, while introducing constraints on the free flow of labour is not a real option. A possible strategy for both parties may be procrastination: declaring that Brexit is underway, but maintaining the pre-2016 conditions of economic co-operation and integration, prolonging the current Cat-like situation.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában
Depositing User: xKatalin xBarta
Date Deposited: 09 Dec 2016 09:17
Last Modified: 31 Dec 2018 00:15
URI: http://real.mtak.hu/id/eprint/43072

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