On 23 June 2016, Britain has voted to leave the European Union with 52% vote vs. 48% to remain.
*** Discuss implications on the UK’s economy as well as the global economy, in relation to brexit. What is the UK and global economies involvement in the EU and How has it been affected
*** Discuss monetary policy strategies that were implemented by the BoE, before and after brexit.
*** Discuss the rationale behind said strategies. Why did the BoE choose those said stratgies
*** Form expectations to how said strategies were to play out, assuming brexit didn’t happen/No referendum at all. If brexit was unheard of, how would I expect these new strategies to play out
*** Observe and compare the actual events that have happened, to your own expectations. Relate this to the previous note.
*** Provide analysis on whether you agree with the actual outcome, providing what you expected to happen through own interpretation on gathered research
*** Provide both qualitative and quantitative analysis.
*** Emphasise from the perspective of the UK central banker.
Recommended References:
– BoE website
– Yahoo UK & Ireland Finance – FTSE
– sca.isr.umich.edu
– HM revenue & customs
– OECD.org.
– World bank group
– IMF.org/external
– federal reserve bank new york
– people’s bank of china
– EU central bank
– Forex trading|OANDA fx trading
– (journal) The wall street
– (journal) The journal of finance
– (journal) Journal of banking and finance
– (journal) Journal of money, credit and banking
– (book) Monetary theory and policy – Carl E Wash (1998)
– (book) Monetary economics – K. Bain, P.G.A Howells (2009)
– (book) Money, Banking and financial markets, Global edition – Frederic S. Mishkin (2016)