against ethnic minorities. The UK will have less talented people from abroad arriving to work or study, which in turn will inevitably reduce labour productivity and its productive potential in the long run.
It is simply impossible to fully predict what is going to happen to the UK following the referendum, but the impacts are definitely huge and will last for many years to come. The referendum has shown how divided the UK is as a nation, and it is blatant that we need to unify to move on and achieve greater heights from multiple perspectives.
References
1. Factsheet 2-Benefits of EU membership outweigh costs
http://news.cbi.org.uk/reports/our-global-future/factsheets/factsheet-2-benefits-of-eu-membership-outweigh- costs/
2. Swinford, S. Costs of EU membership ‘outweigh benefits’
http://www.telegraph.co.uk/news/newstopics/eureferendum/12072128/Costs-of-EU-membership-outweigh- benefits.html
3. EU referendum results
http://www.bbc.co.uk/news/politics/eu_referendum/results
4. Robertson, G. How to stop Brexit: get your MP to vote it down
https://www.theguardian.com/commentisfree/2016/jun/27/stop-brexit-mp-vote-referendum-members- parliament-act-europe
5. Cooper, C. David Cameron rules out second EU referendum despite popular online petition
http://www.independent.co.uk/news/uk/politics/brexit-what-is-eu-referendum-petition-david-cameron- a7105596.html
6. Ruparel, R. The mechanics of leaving the EU – explaining Article 50
http://openeurope.org.uk/today/blog/the-mechanics-of-leaving-the-eu-explaining-article-50/
7. Brexit: EU spells out procedure for UK to leave
http://www.bbc.co.uk/news/world-europe-36632579
8. Allen, K. Treanor, J. Goodley, S. Pound slumps to 31-year low following Brexit vote
https://www.theguardian.com/business/2016/jun/23/british-pound-given-boost-by-projected-remain-win-in-eu- referendum
9. The economic consequences of leaving the EU
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