Why Leaving the EU Will Likely Make Britain Poorer

 HONG KONG — As Nobel Prize-winning economist Paul Krugman famously wrote, “Depression, runaway inflation, or civil war can make a country poor, but only productivity growth can make it rich.” Those advocating for an exit from the European Union want to test whether leaving “the world’s largest single market” can be added to the list of items that impoverish a country. We know productivity is the principal determinant over the medium term of greater prosperity, so an economic question at the heart of the debate over the U.K.’s future in Europe is whether walking away will improve productivity or worsen it. To know more visit: https://www.huffpost.com/entry/eu-britain-poorer_b_9396614