International Journal of Research in Finance and Management
2019, Vol. 2, Issue 2
Brexit and risks for the world economy
Dr. Nguyen Hoang Tien, Dr. Bui Xuan Bien, Nguyen Thanh Vu and Nguyen Thanh Hung
The event of the United Kingdom, a great power of the world, leaving the EU is gaining the attention of the public. The people of this country have voted to choose the path that they think is best for their country, but there are many unanimous views that Brexit increases the risks for the global economy. At the same time, many EU member states as well as business partners suffer from certain effects. Understanding the magnitude of the problem, the article addresses the Brexit concept, thereby evaluating and analyzing its negative impacts on the global economy with the possible economic and financial implications brought about by Brexit.