Post Tagged with: "Brexit"

Why the Brexit referendum might not be the last word on Britain’s E.U. membership

Why the Brexit referendum might not be the last word on Britain’s E.U. membership

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By Joshua Tucker. Published on June 30th on The Washington Post. Despite the results of the Brexit referendum, some are still questioning whether Britain will actually leave the European Union. At the moment, no one knows for what sure will happen, especially given the current chaotic state of British politics, and this postRead More

BREXIT: What Does It Mean for Latin America and the Caribbean?

BREXIT: What Does It Mean for Latin America and the Caribbean?

The UK is a country of just 242 thousand square kilometers (compared to Mexico’s 1.9 mn, Argentina’s 2.7 mn and Brazil’s 8.4 mn) located about 7,000 km from Barbados and more than 7,500 km from anywhere on the mainland of Latin America (it’s just over 7,500 km from London toRead More

Brexit’s Blow To Globalization

Brexit’s Blow To Globalization

By Carmen Reinhart. Published in Project Syndicate on June 29, 2016. CAMBRIDGE – The United Kingdom’s Brexit referendum has shaken equity and financial markets around the world. As in prior episodes of contagious financial turmoil, the victory of the “Leave” vote sent skittish global investors toward the usual safe havens.Read More

Economic implications of Brexit

Economic implications of Brexit

By Ben Bernanke. Originally published in Brookings on June 28th. After several days of market upset, a few reflections on last week’s momentous vote in Great Britain. Even more obvious now than before the vote is that the biggest losers, economically speaking, will be the British themselves. The vote ushersRead More

Just how bad will Brexit be, and can it be undone?

Just how bad will Brexit be, and can it be undone?

By Simon Wren-Lewis. Published in the blog Mainly Macro on June 25, 2016. Mediamacro love their focus on ‘the markets’, and this leads to talk that makes Brexit sound like a major financial crisis. It almost certainly is not that. Impact on the UK economy At the heart of BrexitRead More

Britain’s Democratic Failure

Britain’s Democratic Failure

By Kenneth Rogoff. Published on Project Syndicate on June 24, 2016.  CAMBRIDGE – The real lunacy of the United Kingdom’s vote to leave the European Union was not that British leaders dared to ask their populace to weigh the benefits of membership against the immigration pressures it presents. Rather, itRead More