Forecasting After Brexit

Abstract: The historic June 23, 2016, vote by Britons to exit the European Union (dubbed “Brexit”) surprised pundits, policy makers, and even many voters themselves. Whether the move becomes a prelude to further exits or a lesson for those favoring stronger ties with international partners is yet hard to predict, but the long-term fallout may be more worrisome than short-term disruptions. By Joergen Oerstroem Moeller.