Frankfurt Becomes the New City: Impactos Macro-Financeiros do Brexit na Alemanha
DOI:
https://doi.org/10.14393/REE-v36n2a2021-50135Abstract
This paper aims to examine the macro-financial impact of the UK's exit from the European Union (Brexit) on German economic growth. The possible redesign of the European financial market, as a result of the capital migration caused by Brexit, may lead to the relocation of the current European financial center - City London - to Frankfurt, Germany. The potential for the German city to become the new financial capital of Europe could provide Germany a new source of economic growth, caused by the complementarity between financial market and banks, both responsible for financing and investment vectors in German companies.
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