Lisa Chambers (Mayo, Fianna Fail) | Oireachtas source

I thank Dr. Bergin for her opening statement. Brexit obviously poses one of the most significant challenges and threats to our economy that I will probably ever see in my lifetime and certainly for many years. Dr. Bergin speaks about three different scenarios. Can she explain what she means by a managed no-deal scenario because my understanding is that this is not actually on the table. It is either a deal or it is no deal and the transition period to 2020 is contingent on a deal being ratified. Consequently, why did the ESRI choose to explore a scenario that the European Union has ruled out?