Brexit vote has hurt UK investment – IMF paper
Researcher presents proxy term for UK firms’ exposure to Brexit costs
Research from the International Monetary Fund has concluded the UK’s Brexit vote has had a “considerable” and “statistically significant” negative impact on investment in the UK.
In her paper published November 22, Lucyna Górnicka notes there has been a decline in business investment since 2015 in a way that suggests “factors other than macroeconomic fundamentals must have played a significant role”.
Górnicka presents an “interaction term of potential trade costs after exiting the EU and a
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