What the World Will Learn From Brexit’s Market Mess
— June 24, 2016
By Pankaj Ghemawat
The learning opportunities arise, in part, because no state has ever withdrawn from the EU. Greenland, part of Denmark, did vote to leave the EU’s predecessor, the European Economic Community (EEC), in 1985. But as former World Trade Organization Director General Pascal Lamy recently reminded me, 50-60,000 people, whose major export is fish, and who continue to be associated with the EU by virtue of their relationship with Denmark, can’t be counted on as a decisive experiment.
Read the full article as published in Fortune.
Pankaj Ghemawat is a Global Professor of Management and Strategy and Director of the Center for the Globalization of Education and Management.