The long-term economic impact of persistently low exchange rates
The research report outlines the long-term economic impact on GDP, prices and wages for the UK economy in the wake of persistently low exchange rates. One of the roles of the exchange rate is to act as a macroeconomic stabiliser after low exchange rate periods, but its flexibility allows it to gradually return to previous levels. However, Brexit uncertainty has caused the exchange rate to become persistently low. What then happens to the UK economy in this case? The report uses statistical analysis to explain this problem.
The OIER is an organisation of collaborative experts specialising in the measurement of economic uncertainty and economic risk in order to provide investors and businesses with a clearer picture of key economic indicators such as demand, supply and inflation outlook as well as industry investment outlook. The OIER aims to guide businesses through periods of economic uncertainty, and by scientifically measuring uncertainty, we fill the gap between unknown information (uncertainty) and known information. We also provide extensive research in order to understand the economic implications of Brexit, also via scientific analysis rather than research based on opinions and general views.
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