The size of the financial settlement is broadly known, albeit that aspects will remain indeterminate for a number of years. Finally, this chapter notes that whilst potentially significant, the direct fiscal gain from Brexit is likely to be relatively modest when compared to any impact upon GDP (...
BREXIT was a major shock to the global financial market and the global economy. The full impact is still to unfold, as the exiting procedure could be complicated and could take multi-year negotiations. In our assessment, the near-term economic impact of Brexit on China is likely to be limit...
we need to be wary of hindsight bias, and recognise the benefits of adopting a measured, determined and purposeful approach to the transition from the very accommodative policies introduced during the global financial crisis and maintained more ...
The political case for Brexit built on the idea that Europe’s overly restrictive rules were blocking the emergence of a ‘global’ Britain. This narrative overlooked the reality that in the past two decades, the success of the City of London as a global financial hub has been based on its...
The fall in wages subsequent to 2008 was due to the financial crisis, not immigration. Many of the EU immigrants are better educated and have greater skills than the UK born nationals (44% have been educated at the level of higher education compared with 23% of UK born nationals). More...
Source : New Financial Miles Celic, Chief Executive Officer, TheCityUK, said: New Financial is right to raise awareness of the impact the current Brexit situation is having on the UK as an international financial centre, as well as to the broader European ecosystem. The industry has taken eve...
This research attempts to evaluate the impact of Brexit on the Asian markets. This research divided into two large markets: The international trade markets (expRuiz Estrada, Mario ArturoPark, DonghyunKoutronas, EvangelosSocial ence Electronic Publishing...
The economic fallout would be worse than Britain suffered because of the global financial crisis. The Confederation of British Industry said the government report shows that failing to secure a deal is not an option. “It surely puts to bed some of the more far-fetched ideas that a hard ...
The Brexit bill was the financial settlement that the U.K. owed Brussels following its withdrawal. The U.K. also received funding from EU programs during the transition period and a share of its assets at the end of it, which included the capital it paid to theEuropean Investment Bank (EI...
Do financial crises promote or hamper transatlantic regulatory cooperation in banking? This article argues that financial crises have an impact upon the alignment of regulatory preferences of the United States (US) and the European Union (EU), causing an 'ebb and flow' in transatlantic cooperation....