The June 2016 UK vote to quit the European Union shocked the world and set into motion a series of events hurtling the country toward Brexit in March 2019. As the political leave-taking process grinds on, economist Jiaqian Chen takes a close look at the potential impact on the British economy and its industries. Because the EU and the United Kingdom have been linked economically and politically for decades, the unwinding of the partnership presents severe challenges for both parties. Executives and public officials will find this sobering report a valuable forecasting tool.
In this summary, you will learn
- What UK residents should anticipate as Brexit unfolds,
- How Brexit could affect various industries and businesses, and
- How UK leaders should respond to Brexit’s impact on employment.
About the Author
Jiaqian Chen is an economist in the European department of the International Monetary Fund.