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CGD Policy Blogs

 

Brexit: Bad News for Remittances

The British public’s shock decision to leave the European Union (EU) has wide-ranging implications, including for remittance flows. In this blog, we explore the plausible consequences of Brexit for those who depend on remittances from the UK.

Brexit: Threats and Opportunities for Global Development

There is much uncertainty now about how the UK will respond to Thursday’s referendum result calling for Britain to leave the European Union. The effects on developing countries—and development cooperation—will depend in part on what is agreed in the coming months and years. But here is some speculation about the possible threats that Brexit implies, and a (rather shorter) list of the possible opportunities.