What UK’s EU exit means to the world’s political economy

What UK’s EU exit means to the world’s political economy

The world is still reeling from the after effects of Thursday’s historically altering vote that saw the Britain vote to leave the European Union in a hotly contested referendum. The vote precipitated one of the lowest drops in global stock markets such as the USA, Japan, China and UK. The vote also saw David Cameron announce his resignation as UK’s Prime Minister sending the country into a path of political uncertainty. However these reactions are just the beginning of the woes that might follow the Brexit from the EU, as renowned economists now claim.

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