Brexit! What now? Worst Case Brexit Scenario
BREXIT ! What are potential effects on Britain and the EU?
FULL STUDY AND BLOG POST WITH KEY FINDINGS AVAILABLE ON OUR BLOG
http://ged-project.de/topics/internat...
Since the threat of a Grexit has been averted for the time being, a possible exit of the United Kingdom (UK), a Brexit, from the European Union (EU) poses the next danger for European integration.
In our study “Costs and benefits of a United Kingdom exit from the European Union”
from April 2015, we analyzed the static effects of a Brexit.
We were able to show that due to less cross-border trade activities all 28 EU countries would suffer from lower economic growth.
Now we calculated the dynamic growth effects of a Brexit.
Again, all 28 economies would be faced with lower growth rates. Growth losses would be even larger than in the case of static effects only.
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