Despite the many imponderables transfixing domestic politics, it already seems clear that Brexit will have a mainly detrimental effect on Britain’s international role, certainly in the short term. The UK is likely to have less aid money and less influence, while the success of the leave campaign could also signal a more inward-looking agenda. The devil will be in the detail of whatever deal is eventually brokered with the EU. However, as far as aid money goes, damage has already been done. The pound’s precipitous fall has already sliced into the aid budget, and the vote to leave the EU could signal focus on internal issues rather than global development.
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Source: The Guardian
