Brexit's Impact on the World Economy

Brexit's Impact on the World Economy
AP Photo/Shizuo Kambayashi

The febrile behavior of financial markets ahead of the UK's "Brexit" referendum on June 23 shows that the outcome will influence economic and political conditions around the world far more profoundly than Britain's share of global GDP might suggest. In fact, for three reasons, a Brexit vote could catalyze another global crisis.

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