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What is the effect of the Brexit on the economy of the United Kingdom and the European Union?

What is the effect of the Brexit on the economy of the United Kingdom and the European Union?
Author: Thomas Schaaf
Publisher: GRIN Verlag
Total Pages: 22
Release: 2017-05-18
Genre: Literary Collections
ISBN: 3668450145

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Pre-University Paper from the year 2016 in the subject English - Miscellaneous, grade: 1-, , language: English, abstract: On June 23rd 2016 the whole world had its eyes on the Great Britain, anxious to know whether or not the Britons would vote for the “Brexit”, which stands for the end of the British membership in the European Union. After weeks of "YES" and "NO" campaigns, the vote decided that 51,9 % of the British people wanted their country to leave the European Union. In the following I will explain what the word Brexit means and shortly outline the course of events from the passage of the law for the referendum until the actual leave. Then I will take a closer look at the effects on the economy of Great Britain and the EU. I will structure this part into three fractions of time, describing the period before the referendum, the period between the referendum and the point of the exit and the time after the exit.


Brexit and Beyond

Brexit and Beyond
Author: Benjamin Martill
Publisher: UCL Press
Total Pages: 314
Release: 2018-01-29
Genre: Political Science
ISBN: 1787352773

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Brexit will have significant consequences for the country, for Europe, and for global order. And yet much discussion of Brexit in the UK has focused on the causes of the vote and on its consequences for the future of British politics. This volume examines the consequences of Brexit for the future of Europe and the European Union, adopting an explicitly regional and future-oriented perspective missing from many existing analyses. Drawing on the expertise of 28 leading scholars from a range of disciplines, Brexit and Beyond offers various different perspectives on the future of Europe, charting the likely effects of Brexit across a range of areas, including institutional relations, political economy, law and justice, foreign affairs, democratic governance, and the idea of Europe itself. Whilst the contributors offer divergent predictions for the future of Europe after Brexit, they share the same conviction that careful scholarly analysis is in need – now more than ever – if we are to understand what lies ahead for the EU. Praise for Brexit and Beyond 'a wide-ranging and thought-provoking tour through the vagaries of British exit, with the question of Europe’s fate never far from sight...Brexit is a wake-up call for the EU. How it responds is an open question—but respond it must. To better understand its options going forward you should turn to this book, which has also been made free online.' Prospect Magazine 'This book explores wonderfully well the bombshell of Brexit: is it a uniquely British phenomenon or part of a wider, existential crisis for the EU? As the tensions and complexities of the Brexit negotiations come to the fore, the collection of essays by leading scholars will prove a very valuable reference for their depth of analysis, their lucidity, and their outlining of future options.' - Kevin Featherstone, Head of the LSE European Institute, London School of Economics 'Brexit and Beyond is a must read. It moves the ongoing debate about what Brexit actually means to a whole new level. While many scholars to date have examined the reasons for the British decision to leave, the crucial question of what Brexit will mean for the future of the European project is often overlooked. No longer. Brexit and Beyond bundles the perspectives of leading scholars of European integration. By doing so, it provides a much needed scholarly guidepost for our understanding of the significance of Brexit, not only for the United Kingdom, but also for the future of the European continent.' - Catherine E. De Vries, Professor in the department of Government, University of Essex and Professor in the department of Political Science and Public Administration Free University Amsterdam 'Brexit and Beyond provides a fascinating (and comprehensive) analysis on the how and why the UK has found itself on the path to exiting the European Union. The talented cast of academic contributors is drawn from a wide variety of disciplines and areas of expertise and this provides a breadth and depth to the analysis of Brexit that is unrivalled. The volume also provides large amounts of expert-informed speculation on the future of both the EU and UK and which is both stimulating and anxiety-inducing.' -Professor Richard Whitman, Head of School, Professor of Politics and International Relations, Director of the Global Europe Centre, University of Kent


After Brexit

After Brexit
Author: Nazaré da Costa Cabral
Publisher: Springer
Total Pages: 438
Release: 2017-12-18
Genre: Law
ISBN: 3319666703

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This topical and important book identifies the short to medium-term economic, financial and social consequences of Brexit. Containing perspectives from leading thinkers across legal, economic and financial fields, it considers both the general effect of UK withdrawal on the European integration process, and the specific impact on the free movement of capital, goods and people. Addressing the main areas within both the UK and the EU that can and will be affected by Brexit, including the financial sector, immigration, social rights and social security, After Brexit: Consequences for the European Union will make fascinating reading for all those currently engaged in the study and practice of Law, Economics, Finance, Political Science, Philosophy, History and International Affairs.


Effect of Brexit on the European Union and the UK

Effect of Brexit on the European Union and the UK
Author: Esther Onomah
Publisher: GRIN Verlag
Total Pages: 31
Release: 2019-12-02
Genre: Political Science
ISBN: 3346074757

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Essay from the year 2018 in the subject Politics - International Politics - Region: Western Europe, grade: A, University of Cape Coast, course: EUROPE AND THE EUROPEAN UNION, language: English, abstract: This essay seeks to discuss the impact Brexit is likely to have on both UK and Europe. The essay will be divided into three sections. Section one will discuss briefly the journey to the formation of the EU, then continue with UK’s membership in 1973 and discuss events that occurred after gaining membership. The section two will discuss five probable impacts UK is likely to face in the post-Brexit era. It will discuss the change of trade within Europe, the new posture trade is likely to take as a result of new trade policy, effect Brexit is likely to impact on financial services, the tightening of immigration, and UK’s loss of influence in the international world. The third section will discuss the effect of Brexit on Europe. It will discuss business finding it costly to relocate investment from UK, how Brexit will affect remittance migration to the extent of political contagion, how Brexit is likely to create a gap in the budgetary of the EU, the effect Brexit is likely to take EU’s influence in the international world and how Brexit breeds uncertainty which is bad for business in the EU and risks political contagion.


The Economics of Brexit

The Economics of Brexit
Author: Philip B. Whyman
Publisher: Springer Nature
Total Pages: 413
Release: 2021-01-05
Genre: Business & Economics
ISBN: 3030559483

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The Economics of Brexit – Revisited builds upon and extends the analysis contained within the authors' previous book, The Economics of Brexit: A Cost-Benefit Analysis of the UK's Economic Relationship with the EU, which arguably represented the most comprehensive and systematic evaluation of the UK’s economic relationship with the EU. The Economics of Brexit – Revisited continues where the previous volume left off, given that the UK has now formally withdrawn from the EU, and therefore the focus of the evidence presented concerns the potential economic implications arising from Brexit and considering the options available to those negotiating the UK's future economic relationship both regionally and globally. The Economics of Brexit – Revisited seeks to provide greater clarity to a range of issues that have been hotly debated over the past few years, ranging from the trade and fiscal implications of Brexit, to the economic impact of regulation and migration. The significance of different Brexit options are discussed in detail, including the significance of demands for regulatory harmonisation (the 'level playing field'), along with their implications for UK trade with the EU and the rest of the world. A wide range of economic analyses are evaluated to determine their relative methodological strengths and weaknesses, and ultimately whether their conclusions are sufficiently robust to engender confidence. Finally, noting that a key determinant of the effectiveness of any post-Brexit economic strategy depends upon the degree of flexibility created for economic policy, the book provides an extended examination of the potential relating to different economic policy options available to the UK government, depending upon the form of final trade settlement that is agreed with the EU. These policy options include more active forms of macroeconomic management, combined with industrial and procurement policy. The Economics of Brexit – Revisited therefore seeks to combine evaluation of the available evidence indicating the economic impact of Brexit, together with consideration of policy trade-offs that lie at the heart of the choices surrounding Brexit, and how these might be resolved. The Economics of Brexit – Revisited therefore maintains its position as the most comprehensive analysis of the economics of Brexit in the market today.


The Economics of UK-EU Relations

The Economics of UK-EU Relations
Author: Nauro F. Campos
Publisher: Springer
Total Pages: 302
Release: 2017-11-20
Genre: Business & Economics
ISBN: 3319554956

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This book brings together contributions from leading scholars around the world on the most relevant and pressing economic themes surrounding the UK–EU relationship. With chapters spanning from the UK’s accession to the bloc to the aftermath of its decision to leave, the book explores key themes in UK economic growth and EU membership, international trade, foreign direct investment, financial markets and migration. Chapters interrogate the history of the relationship, the depth of foreign direct investment, and responses to the financial crisis. Considering both the history and future of UK and EU relations, the book is a relevant and timely volume that gives welcome context to a fast-changing relationship.


Brexit and the Political Economy of Fragmentation

Brexit and the Political Economy of Fragmentation
Author: Jamie Morgan
Publisher: Routledge
Total Pages: 142
Release: 2018-12-07
Genre: Political Science
ISBN: 1351271237

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Brexit means Brexit and other meaningless mantras have simply confirmed that confusion and uncertainty have dominated the early stages of this era defining event. Though there has been a lack of coherent and substantive policy goals from the UK government, this does not prevent analysis of the various causes of Brexit and the likely constraints on and consequences of the various forms Brexit might take. Is Brexit a last gasp of neoliberalism in decline? Is it a signal of the demise of the EU? Is it possible that the UK electorate will get what they thought they voted for (and what was that)? Will a populist agenda run foul of economic and political reality? What chance for the UK of a brave new world of bespoke trade treaties straddling a post-geography world? Is the UK set to become a Singapore-lite tax haven? What is the difference between a UK-centric and a UK-centred point of view on Brexit? Will Brexit augment disintegrative tendencies in the European and world economy? These are some of the questions explored in this timely set of essays penned by some of the best known names in political economy and international political economy. The chapters in this book originally published as a special issue in Globalizations.


Brexit. Macroeconomic Consequences

Brexit. Macroeconomic Consequences
Author: Markus Passlack
Publisher: GRIN Verlag
Total Pages: 53
Release: 2016-11-21
Genre: Political Science
ISBN: 3668346402

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Bachelor Thesis from the year 2016 in the subject Business economics - Economic Policy, grade: 1,3, University of Bamberg, course: European Economic Studies, language: English, abstract: The possibility the UK might leave the European Union infamously known as Brexit– is a major source of concern. The probability of the UK leaving the EU significantly rose after the referendum on 23. June 2016. This Bachelor Thesis seeks to assess the macroeconomic consequences of Brexit on the UK’s, Germany’s and other major european country’s economies. Despite the heaviest awareness that it is difficult to properly quantify the costs of uncertainty over Brexit, this work provides evidence that the severity of Brexit’ impact was not uniform across the investigated countries. The first part will elaborate the juristic consequences of the referendum and the potential resulting scenarios, while the second part will present the various options Britain has outside of the EU. The last big block will focus on the consequences of the Brexit for the UK, Germany and the rest of the EU.


The Politics and Economics of Brexit

The Politics and Economics of Brexit
Author: Annette Bongardt
Publisher: Edward Elgar Publishing
Total Pages: 240
Release: 2020-07-31
Genre: Political Science
ISBN: 1788977971

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This interdisciplinary book examines Brexit from a political economy perspective, enriched by insights from scholars of political science, history and law. Shedding light on the key motivations for Brexit, this incisive book seeks to better understand what shapes the UK’s political and economic preferences and the fundamental causes and issues that have moulded its stance on the EU.


The Economics of Brexit

The Economics of Brexit
Author: Philip B. Whyman
Publisher: Springer
Total Pages: 405
Release: 2017-08-17
Genre: Business & Economics
ISBN: 3319582836

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This book presents a comprehensive evaluation of the likely economic impact upon the UK economy arising from Brexit. It seeks to assess both the methods adopted, and conclusions reached, by the existing economic studies, and supplements this by providing additional evidence to assist the reader in forming their own assessment of the relative merits of the different approaches. It additionally outlines the options available to policy makers for the formation of an economic strategy capable of adapting the economy to the challenges and opportunities presented by Brexit. Finally, it outlines and comments upon the range of alternative models of future trading relationships that are available to the UK, both in relation to the EU and the rest of the world.