“Uncertainty of any sort results in volatility, and Brexit will be no e...” — Raghuram Rajan Quote

Uncertainty of any sort results in volatility, and Brexit will be no exception.

If economists were to wait for careful studies before offering opinions about policy, we would never have anything timely to say.

As a country that does not belong to any power bloc, India cannot afford to put itself in the position of needing multilateral support - a trap into which even developed countries, like Portugal and Spain, have fallen.

Perhaps the hardest challenge has been to persuade the public, impatient for rapid growth, of the need to ensure stability first. Growth, it is argued, is always more important, regardless of the looming economic risks.

Brexit is a cliff, not a gradient. The mistake we are in danger of making is to believe that some Brexits are better than others when the fundamental problem is Brexit itself.

We didn't do Brexit. We didn't get money for it. We didn't do work for it. We didn't sign a contract.

If we have Brexit, we don't know what we will get.

I think Brexit is disappointing from an economic perspective.

In the wake of the United Kingdom's vote to 'Brexit' the E.U., we Europeans will indeed have to rethink how our Union works; but we know very well what we need to work for. We know what our principles, interests, and priorities are.