Cliff edge: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with Big Bang page.) |
imported>Doug Williamson m (Classify page.) |
||
Line 20: | Line 20: | ||
*[[Brexit]] | *[[Brexit]] | ||
*[[Tax]] | *[[Tax]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] |
Revision as of 15:25, 13 March 2019
1.
An abrupt and large transition from one state to another, either from the passing of time, or from a small change in an input which causes an unusually large change in an output.
2.
Disruptive negative effects resulting from such a change.
Phased Brexit changes
- "Britain will seek a phased implementation [of Brexit changes] to avoid a 'disruptive cliff edge' when Britain eventually leaves the EU."
- The Treasurer magazine, February 2017 p8 - Report on speech of January 2017 by UK Prime Minister Theresa May.