Trade and Investment Implications of Brexit

The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced re...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/07/26581591/trade-investment-implications-brexit
http://hdl.handle.net/10986/24916
id okr-10986-24916
recordtype oai_dc
spelling okr-10986-249162021-05-25T08:50:43Z Trade and Investment Implications of Brexit World Bank Group trade patterns trade policy investment climate FDI DFI The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced recession in the UK –may also be felt in the EU because of the two countries’ strong trade, investment, and financial linkages. The magnitude of these impacts will depend on the type of trade relationship that the UK negotiates with the EU, the duration of the negotiations, and the market confidence in the leadership of the UK, EU and other mayor players during the transition period. The major effect of the Brexit vote is the withdrawal of the UK from the EU project of deep economic integration, raising the possibility that the same doubts that gave rise to Brexit lead to an interruption of trade openness and integration in other parts of the world. International development institutions like the World Bank Group can play an important role in informing debates in this area. 2016-08-24T15:11:24Z 2016-08-24T15:11:24Z 2016-07-11 Working Paper http://documents.worldbank.org/curated/en/2016/07/26581591/trade-investment-implications-brexit http://hdl.handle.net/10986/24916 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Africa Europe and Central Asia Eastern Europe Europe and Central Asia Sub-Saharan Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic trade patterns
trade policy
investment climate
FDI
DFI
spellingShingle trade patterns
trade policy
investment climate
FDI
DFI
World Bank Group
Trade and Investment Implications of Brexit
geographic_facet Africa
Europe and Central Asia
Eastern Europe
Europe and Central Asia
Sub-Saharan Africa
description The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced recession in the UK –may also be felt in the EU because of the two countries’ strong trade, investment, and financial linkages. The magnitude of these impacts will depend on the type of trade relationship that the UK negotiates with the EU, the duration of the negotiations, and the market confidence in the leadership of the UK, EU and other mayor players during the transition period. The major effect of the Brexit vote is the withdrawal of the UK from the EU project of deep economic integration, raising the possibility that the same doubts that gave rise to Brexit lead to an interruption of trade openness and integration in other parts of the world. International development institutions like the World Bank Group can play an important role in informing debates in this area.
format Working Paper
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Trade and Investment Implications of Brexit
title_short Trade and Investment Implications of Brexit
title_full Trade and Investment Implications of Brexit
title_fullStr Trade and Investment Implications of Brexit
title_full_unstemmed Trade and Investment Implications of Brexit
title_sort trade and investment implications of brexit
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/07/26581591/trade-investment-implications-brexit
http://hdl.handle.net/10986/24916
_version_ 1764457899680071680