Template-Type: ReDIF-Article 1.0
Author-Name:Trunin Pavel
Author-Name-First: Pavel 
Author-Name-Last:Trunin 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Author-Name:Goryunov Evgeny 
Author-Name-First: Evgeny 
Author-Name-Last:Goryunov 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Author-Name:Kiyutsevskaya Anna
Author-Name-First: Anna 
Author-Name-Last:Kiyutsevskaya 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: BREXIT RESULTS: MACROECONOMIC RISKS 
Abstract: The United Kingdom’s poten al exit from the EU poses a number of macroeconomic risks. Considering the overall growth of uncertainty, the recession in the UK cannot be ruled out. The decline in capital inflows to the UK economy can be predicted, which could pose a threat to the stability of the balance of payments and the exchange rate of the British Pound. Obviously, the exchange of goods and services between the UK and the EU will suffer, as well as labour mobility and the British labour market. According to various estimates, Britain can lose up to 5% of GDP as a result of capital outflows and shrinking interna onal trade.

Classification-JEL: E31, E43, E51
Keywords:  INFLATION AND MONETARY POLICY,  Russian Economy
Year: 2016
Issue:7
Month: July
Pages: 51-53
File-URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-7-689.pdf
File-Format: application/pdf
File-Function: Revised version, 2016
Handle: RePEc:gai:recdev:recdev-2016-7-689