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Investment Europe:
Brexit: What's at stake for the UK

16 June 2015

Deutsche Bank has been the first one to fire a warning shot over the UK vote to leave the EU, but others are certainly already preparing too, says Dr. Dennis Novy, associate professor in the department of Economics at the University of Warwick argues. ''It is now clear that Britain will have an EU referendum. Businesses do not like uncertainty. Not surprisingly, many - like Deutsche Bank - are reviewing whether they should stay in Britain or move resources towards continental Europe. The key question is: What would an 'independent' Britain look like? We don't know. It would certainly be a much weaker player on the global stage,'' he explains.

This article was published by Investment Europe online on June 16, 2015
Link to article here

Related publications
Should we stay or should we go? The economic consequence of leaving the EU, Swati Dhingra, Gianmarco Ottaviano and Thomas Sampson, CEP 2015 Election Analyses Series, March 2015

Related links
Dennis Novy webpage
Globalisation Programme webpage
Dennis Novy CEP publications webpage

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