Marieluise Beck
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- Milken Institute52 min
Europe in the Post-Brexit Age
Marieluise Beck, Niall Ferguson, Sergei Guriev, Anton Muscatelli, Roland Rudd, Louisa Bojesen, Louisa Borgeson
Hosted by Louisa Borgeson on CNBC, a panel of experts including Neil Ferguson, Anton Muscatelli, and Sergei Guryev analyzed the severe economic risks of Brexit, predicting GDP losses between 1% and 9.5% by 2030 while shifting their consensus from 2016 toward remaining in the single market. The discussion dissected the political drivers of the referendum, contrasting views on whether immigration control or inequality fueled the vote, and featured debates on the potential for populist backlashes and Russian interference in Western democracies. Ultimately, the panelists proposed a transitional European Economic Area model to mitigate immediate collapse and discussed the EU's probable evolution into a multi-tiered structure to accommodate shifting global realities.