Found 12 article(s) for author 'Brexit'

The State of the World with Rawi Abdelal

The State of the World with Rawi Abdelal. Rawi Abdelal, February 24, 2017, Audio, “At this moment of great geopolitical change, Davis Center Director Rawi Abdelal looks at the fate of globalization through the lenses of great power transitions, national borders, and economic inequality. Rawi Abdelal is the Herbert F. Johnson Professor of International Management at Harvard Business School and the Director of Harvard’s Davis Center for Russian and Eurasian Studies. His work focuses on international political economy and the politics of globalization and political economy of Eurasia.Link

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The Economic Risks of an Outbreak of Brexit-Style Votes

The Economic Risks of an Outbreak of Brexit-Style Votes. Kenneth Rogoff, July 2016, Opinion, “Stock market fears that a Leave vote would lead to a sharp drop in global growth appear to have calmed. The conclusion now seems to be that Brexit might be bad for the UK but for the rest of the world it is close to a non-event.  Really? With the eurozone still struggling to coalesce around a strategy to preserve the currency union, and populist pressures building everywhere, it is highly likely that similar episodes will erupt , and disrupt, on the continent.Link

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Brexit’s Blow To Globalization

Brexit’s Blow To Globalization. Carmen Reinhart, June 29. 2016, Opinion. “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. US Treasury bonds rose, and the dollar, Swiss franc, and yen appreciated, most markedly against sterling.Link

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Trump Win Would be ‘unsettling’ for Markets

Trump Win Would be ‘unsettling’ for Markets. Lawrence Summers, June 28, 2016, Video. “A Donald Trump presidential victory would be “unsettling” for the markets, said Larry Summers, who served in two Democratic administrations.  Summers, former Clinton administration treasury secretary, told CNBC’s ” Squawk Box ” the nationalistic forces that led to the vote in Britain to leave the European Union make the “the possibility of a Trump victory more real” because his supporters share similar world views.Link

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EU without Brits less Robust

EU without Brits less Robust. Lawrence Summers, June 28, 2016, Video. “Lawrence Summers, Harvard University, shares his thought on what will likely happen after the departure of the United Kingdom from the European Union, including recession concerns for Britain, loss of confidence in the EU and pressure on the U.S. dollar.Link

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Former Treasury Secretary Larry Summers On What ‘Brexit’ Means For The U.S.

Former Treasury Secretary Larry Summers On What ‘Brexit’ Means For The U.S.. Lawrence Summers, June 27, 2016, Audio. “Here & Now’s Jeremy Hobson speaks with former Treasury Secretary and Harvard University president Larry Summers about what “Brexit” might be mean for markets around the world and in the U.S., and whether we are at risk of a recession or other economic downturns.Link

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Lawrence Summers on Brexit: A wakeup call for elites

Lawrence Summers on Brexit: A wakeup call for elites. Lawrence Summers, June 24, 2016, Audio. “There’s a context slice of the Brexit story that we need to get to before the day is done — the place that Thursday’s vote has in the global economy, and in history, really. Former Treasury Secretary Larry Summers wrote a quick post last night for The Washington Post. We got him on his cell phone Friday to talk more about it:  What do the events of last night mean for globalism in the long run?  I think this is probably the worst self-inflicted policy wound that a country has done since the Second World War. My hope is that this will be a wake up call for elites everywhere, on the need to develop a responsible nationalism. But the best way forward is not denial, is not railing against the folly of the electorate, it’s seeking to design an approach, approaches to economic policy that hear the anger that’s being expressed in this vote.Link

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Britain’s Democratic Failure

Britain’s Democratic Failure. Kenneth Rogoff, June 24, 2016, Opinion. “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, it was the absurdly low bar for exit, requiring only a simple majority. Given voter turnout of 70%, this meant that the leave campaign won with only 36% of eligible voters backing it.Link

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