World Bank economist on Brexit: Those who voted for Brexit will not benefit from it

Dhwani Mehta FXStreet

Hans Timmer, World Bank's chief economist for Europe and central Asia, in an interview with Bloomberg, noted that the Brexit is not going to benefit those people who voted for it.

Key Quotes:

"The changes that are in the making at the moment will not help these people"

"They haven't lost their jobs because of immigration -- or otherwise these jobs will still be there -- but because of technology and globalization, which the U.K. will still continue because they still want to be a part of the global trading system."

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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