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    ISAS Briefs

    Quick analytical responses to occurrences in South Asia

    451 : Brexit and an Uncertain World: Some Implications for South Asia

    Shahid Javed Burki

    27 October 2016

    This paper continues the story the author began telling in his first paper on the subject of Brexit,1 the voters decision on June 23 to answer the question posed in a referendum whether the United Kingdom should stay in European Union which it joined in 1973. The voters opted to leave. A total severance of relations may not occur but the uncertainty created by the vote will have very negative consequences in finance and investment.