The British are leaving! So what now? According to this study from the Economist Intelligence Unit, written before the United Kingdom’s June 23, 2016, vote to quit the European Union, the country will experience the economic pain unevenly, as some industries suffer irrevocable dislocation while others undergo less disruption. Overall, the EIU believes the UK’s economic outlook is grim: After several years of uncomfortable transition, by 2020 the UK will be underperforming relative to its pre-Brexit capacity. getAbstract recommends this perceptive report to policy makers, investors and executives for the depth of its analysis, originality of argument and immediate relevance.
In this summary, you will learn
- Why a decision by the United Kingdom to depart the European Union could inflict long-term damage on the economy,
- What near- and long-term effects Brexit would impose on the economy and politics,
- How a departure would affect various economic sectors in the UK.
About the Author
The Economist Intelligence Unit is an independent research and analysis organization.