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The introduction of the financial referendum at federal level has been discussed in Switzerland for several decades, but has so far been rejected by a majority of Swiss political parties. [2] Critics argue that a federal financial referendum could hinder the Federal Council in its freedom of action, and delay or even block important investments.
On 5 January 2017, Andy Haldane, the Chief Economist and the Executive Director of Monetary Analysis and Statistics at the Bank of England, admitted that forecasts predicting an economic downturn due to the referendum were inaccurate and noted strong market performance after the referendum, [24] [25] [26] although some have pointed to prices ...
In particular, there was a broad consensus among economists and in the economic literature that Brexit would likely reduce the UK's real per capita income in the medium and long term, and that the Brexit referendum itself would damage the economy.
The economic effects of Brexit were a major area of debate [1] during and after the referendum on UK membership of the European Union. The majority of economists believe that Brexit has harmed the UK's economy and reduced its real per capita income in the long term, and the referendum itself damaged the economy.
The technical name of these types of votes used internationally is referendum, but within the United States they are commonly known as ballot measures, propositions or ballot questions. The term referendum in the United States normally refers specifically to questions about striking down enacted law, known internationally as the popular referendum.
For once, California got it right.The deep-blue state went for Joe Biden on Election Day, a result which was never really in doubt. But in a key policy referendum on expanding “rent control ...
The referendum was first announced by then-Prime Minister David Cameron on 23 January 2013. Cameron announced that he would attempt to re-negotiate Britain's terms with the EU before holding an in-out referendum no later than two years after the next general election – should he still be prime minister. [88]
A few weeks after the referendum, an e-petition originally set up beforehand on 25 May 2016 by a member of the Leave-supporting English Democrats [failed verification] demanding it be re-run in the event that a supermajority was not reached became the most popular petition on the site, receiving 4,150,262 signatures. [13]