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Brexit and the Politics of UK Growth Models

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  • Ben Rosamond

Abstract

Brexit has reopened and repoliticised the debate about future growth models for the UK economy. This contribution argues that this debate is built around historically specific path dependencies that reflect the particular character of public debate about British political economy, while also suggesting that the debate around Brexit takes place at a very distinctive moment in the history of democratic capitalism in Europe. This combination gives the renewed politicisation a specific and perhaps perverse character. The paper considers how we should approach debates about growth models, paying particular attention to the importance of the politics of support. It suggests that recent debate about growth models has been largely subsumed within the politics of Brexit, which has politicised that debate, albeit through the emergent political economy frames that Brexit has provoked. The paper explores the ways in which the demise of three key props of European democratic capitalism – a sustained period of economic growth, a governing philosophy that subordinated the market to wider social purposes and strong political parties – play out in the context of Brexit and the search for a new politics of support.

Suggested Citation

  • Ben Rosamond, 2019. "Brexit and the Politics of UK Growth Models," New Political Economy, Taylor & Francis Journals, vol. 24(3), pages 408-421, May.
  • Handle: RePEc:taf:cnpexx:v:24:y:2019:i:3:p:408-421
    DOI: 10.1080/13563467.2018.1484721
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    Cited by:

    1. Ben Rosamond, 2020. "European Integration and the Politics of Economic Ideas: Economics, Economists and Market Contestation in the Brexit Debate," Journal of Common Market Studies, Wiley Blackwell, vol. 58(5), pages 1085-1106, September.
    2. Kalaitzake, Manolis, 2020. "Resilience or relocation? Expectations and reality in the city of London since the Brexit referendum," MPIfG Discussion Paper 20/14, Max Planck Institute for the Study of Societies.
    3. Begg Iain, 2019. "No Longer “The Economy Stupid”: How Muddled Economics Contributed to a Chaotic Brexit," The Economists' Voice, De Gruyter, vol. 16(1), pages 1-14, December.
    4. Moshfique Uddin & Anup Chowdhury & Geoffrey Wood, 2022. "The resilience of the British and European goods industry: Challenge of Brexit," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(4), pages 934-954.
    5. Polyzos, Stathis & Samitas, Aristeidis & Katsaiti, Marina-Selini, 2020. "Who is unhappy for Brexit? A machine-learning, agent-based study on financial instability," International Review of Financial Analysis, Elsevier, vol. 72(C).
    6. Gabriel Siles-Brügge & Michael Strange, 2020. "National Autonomy or Transnational Solidarity? Using Multiple Geographic Frames to Politicize EU Trade Policy," Politics and Governance, Cogitatio Press, vol. 8(1), pages 277-289.

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