El País published an article arguing that xenophobic policies cause economic bankruptcy, using Brexit as a prime example. The piece underscores how restrictive immigration and trade attitudes can undermine economic growth, relevant for policymakers considering similar measures. The article references the United Kingdom's Brexit process and broadly addresses governments and political movements advocating xenophobia. Policymakers may face increased scrutiny over immigration proposals, and economists could publish further analyses on the economic impact of such policies. El País highlights the economic costs of xenophobia, using Brexit as a case study where restrictive immigration and trade policies coincided with economic downturns. The piece argues that similar attitudes elsewhere could replicate those negative outcomes, stressing the link between openness and prosperity. It does not present new data but frames the debate around policy choices and their fiscal consequences.
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