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Policy Uncertainty and International Financial Markets
Report

Policy Uncertainty and International Financial Markets

The Case of Brexit

CEPS, 2016

áudio gerado automaticamente
áudio gerado automaticamente

Editorial Rating

7

Qualities

  • Analytical
  • Scientific

Recommendation

Britain’s eventual departure from the European Union will likely exert continuing negative effects on international financial markets, says this scholarly report from economists Ansgar Belke, Irina Dubova and Thomas Osowski. Their research finds that the ongoing ramifications of Brexit could damage the real economy of the United Kingdom and of other European nations in both the short and the medium term, with Greece, Ireland, Italy, Portugal and Spain feeling the most acute impacts. getAbstract suggests this rigorous and highly technical analysis to economists and policy makers.

Take-Aways

  • Uncertainty permeates the economic climate across Europe since the Brexit vote.
  • Britain’s decision to leave the European Union will reverberate beyond its borders, potentially harming other countries, such as Spain and Greece.
  • EU member states exhibit a significant degree of financial market interconnectedness and interdependency.

About the Authors

Ansgar Belke and Irina Dubova are professors of economics at the University of Duisburg-Essen, where Thomas Osowski is a PhD candidate.