Excerpt
Excerpt
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