In November last year, the UK Government published economic analysis of EU exit under different scenarios, bringing together evidence from across government. This analysis found that under the modelled White Paper scenario there may be a very small effect on the economy over a long period of time, with Welsh GVA estimated to be 0.1% lower compared to today\u2019s arrangements.<\/p>
This estimate does not include impact of domestic policies such as our Modern Industrial Strategy and the opportunities arising from additional regulatory flexibility, and these domestic policies can drive growth and productivity in Wales going forwards.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4086", "label" : {"_value" : "Biography information for Alun Cairns"} } , "answeringMemberConstituency" : {"_value" : "Vale of Glamorgan"} , "answeringMemberPrinted" : {"_value" : "Alun Cairns"} , "dateOfAnswer" : {"_value" : "2019-06-05", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-06-05T09:55:36.257Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "28"} , "answeringDeptShortName" : {"_value" : "Wales"} , "answeringDeptSortName" : {"_value" : "Wales"} , "date" : {"_value" : "2019-05-22", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Economic Situation: Wales"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Wales, whether his Department has (a) prepared, (b) commissioned, (c) collaborated on and (d) awareness of any quantitative future projections that show that any form of leaving the EU will be directly beneficial either in terms of improving (i) GVA in Wales, (ii) Welsh GDP growth, (iii) direct foreign investment in Wales and (iv) the quantity or value of Welsh goods and services that are exported from the Welsh economy.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4425", "label" : {"_value" : "Biography information for Jo Stevens"} } , "tablingMemberConstituency" : {"_value" : "Cardiff Central"} , "tablingMemberPrinted" : [{"_value" : "Jo Stevens"} ], "uin" : "257569"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }