Found 16 article(s) for author 'Brexit'

Trump’s trade wars and Brexit are making us all poorer

Trump’s trade wars and Brexit are making us all poorer. Jeffrey Frankel, November 27, 2018, Opinion, “The world is in a trade war and there is no sign of peace breaking out anytime soon. By now, the disruption to trade appears extensive enough to factor negatively into forecasts for economic growth. Does that mean the Federal Reserve should stop gradually raising interest rates?Link

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Famed Harvard economist warns of Brexit spillover from clash

Famed Harvard economist warns of Brexit spillover from clash. Martin Feldstein, November 15, 2018, Video, “The resignations of some members of British Prime Minister Theresa May’s government Opens a New Window. and calls Thursday for a no-confidence vote over a proposed Brexit deal hammered the British pound and European stock markets.Link

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UK Competitiveness after Brexit

UK Competitiveness after Brexit. Christian Ketels, Michael Porter, 2018, Paper, “On June 23rd, 2016 52% of UK voters opted to put their country on the path to leave the European Union by March 29, 2019. This result was a surprise to many, and went against the advice of the vast majority of economic experts and business leaders. Two years later, and after a remarkable period in UK politics, key questions about the future relationship between the UK and the EU remain unresolved. Various models have been proposed; the latest one by Prime Minister May triggered the resignation of a number of key ministers. All of them struggle to deal with a fundamental tension: how to square barrier-free trade between the UK and the EU, especially across the border between Ireland and Northern Ireland, with both full policy sovereignty for the UK and adherence to the ‘four freedoms’ at the heart of the EUs Single Market. A ‘no deal’ Brexit by default remains an option, despite the costs to UK businesses and the wider UK economy.Link

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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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