Leading economist Jim Power: Brexit could be good for Ireland

A leading Irish economist has broken ranks by saying Ireland’s economy would likely fare well enough even if the UK were to vote this summer to leave the EU.

Independent economist Jim Power said the Republic could, in time, benefit from the demands for huge reforms that would be pressed on Brussels, if the UK were to leave.

He acknowledged that there would be dislocation to trade with Britain, but said he believed that any disruption would be short-lived.