Hein Roelfsema, a recent visitor to the University of Adelaide and Associate Professor of International Macroeconomics at Utrecht University in The Netherlands, has a unique perspective on the implications of Brexit…
There is no doubt about the significance of the impact of the UK’s choice to exit the EU on its economy. The market’s assessment is in on these effects, with share market falls and a drop in the value of the pound. The UK credit rating has also dropped.
But what about the effect on the EU? And what will be the EU’s response and how will that feed into UK decision making? This is a complex situation and the Brexit process is far from over.
To read the full article, link to the Adelaide Economic Policy Forum Blog