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The STAT Media Blog:
Brexit leaves global markets in jitters

25 June 2016

In an interview to CNBC, John Van Reenen, director of the Centre for Economic Performance at the London School of Economics said the short-term impacts would be painful: ''You get a rabbit-in-the-headlights phenomenon where businesses don't want to make new decisions, or new investments, because they are uncertain about the future. The immediate effect will be a lowering of investment activity, a lowering of hiring. There will an immediate slowdown of growth,'' Reenen told the channel.

This article was published online by The STAT Media blog on June 25, 2016
Link to article here

Related publications
The complete set of CEP Brexit Analysis papers is available in one publication. Download from here.

Related links
John Van Reenen webpage
Growth Programme webpage

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