Aurelian Dochia
Aurelian Dochia
Economist, Ph.D., Associate Member of the consulting firm SC Concept Consultanță Economică și de Afaceri SRL
Romania’s Exposure to Brexit Is Limited and Manageable

Romania’s Exposure to Brexit Is Limited and Manageable

The British vote in favor of leaving the European Union is a defining moment for the United Kingdom, for the EU project as a whole and for each individual European country. It could also be a critical juncture for the current international world order. The economic consequences will be serious enough for the United Kingdom and for the European economies: increased uncertainty and higher volatility in the financial markets, reduced capital flows, shrinking trade, less liberal markets and increased protectionism, all resulting in slower growth and eventually recession. More



The Romanian-American Foundation for the Promotion of Education and Culture (RAFPEC)
Amfiteatru Economic

OEconomica No. 1, 2016