scholarly journals Brexit a sytuacja ekonomiczna Wielkiej Brytanii

2017 ◽  
Vol 17(32) (1) ◽  
pp. 19-30
Author(s):  
Katarzyna Czech ◽  
Michał Wielechowski
Keyword(s):  
United Kingdom ◽  
Interest Rates ◽  
Economic Activity ◽  
Negative Impact ◽  
Manufacturing Sector ◽  
Fiscal Year ◽  
Policy Uncertainty ◽  
The European Union ◽  
The United Kingdom ◽  
The Impact

On 23th June, 2016, British voters decided in a referendum to cut long-term relationship with the European Union. The aim of a paper is to present the impact of UK’s Brexit vote on the British economy. The paper depicts review of international scientific literature and economic press concerning the vast range of issues affected by Brexit. It has been shown that the British referendum outcome caused the growth of uncertainty about economy of the United Kingdom. Economic Policy Uncertainty Index reached British record-high levels in post-referendum period. Growing economic and financial uncertainty had negative effects on British economic activity. The paper presents the impact of the referendum on British currency, fundamental macroeconomic indicators, economic activity in manufacturing, and public finance. It has been shown that, in post-referendum period, the pound sterling plunged the depths it had reached after the speculative attack on pound sterling led by George Soros in 1992, after invasion of Iraq in 2003 and during financial crisis in 2008-2009. British referendum outcome contributed also to inflation rate increase and GDP growth rate decrease. Thus, the United Kingdom decided to implement more expansionary monetary policy by cutting interest rates and increasing quantitative easing. As a result of the referendum, the level of economic activity in the manufacturing sector went shortly down. Britain’s vote to leave the EU had also a negative impact on British public finances. The forecasted general government deficit in 2017 increased by more than 30 percent. Chancellor of the Exchequer was forced to abandon the ambitious goal of eliminating the negative balance by fiscal year 2019–2020.

scholarly journals The Impact of Acquiring Unrestricted Work Authorization on Romanian and Bulgarian Migrants in the United Kingdom

ILR Review ◽  
2017 ◽  
Vol 71 (4) ◽  
pp. 823-852 ◽  
Author(s):  
Martin Ruhs ◽  
Jonathan Wadsworth
Keyword(s):  
United Kingdom ◽  
Labor Market ◽  
Negative Impact ◽  
Labour Force ◽  
Labor Market Outcomes ◽  
The European Union ◽  
Market Outcomes ◽  
Welfare Benefits ◽  
The United Kingdom ◽  
The Impact

When Romania and Bulgaria (the so-called A2 countries) joined the European Union in 2007, the United Kingdom imposed temporary restrictions on the employment and welfare entitlements of A2 citizens that lasted until January 1, 2014. This article analyzes the impact of the removal of these restrictions on the labor market outcomes and use of welfare benefits of A2 migrants. Applying difference-in-difference analysis to data from the UK’s Labour Force Survey, the results suggest that acquiring unrestricted work authorization had a significant negative impact on the incidence of self-employment among A2 migrants but there are no discernible effects on other labor market outcomes or on their receipt of a range of welfare benefits. The article offers potential explanations for these results.

Euratom and Brexit: Could the United Kingdom Maintain One Foot in the European Union? Current Scenarios and Future Prospects of British withdrawal from the EAEC

2018 ◽  
Vol 18 (2) ◽  
pp. 134-151
Author(s):  
Andrea Circolo ◽  
Ondrej Hamuľák
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Independent Solution ◽  
Legal Regulation ◽  
The European Union ◽  
The United Kingdom ◽  
The Status ◽  
Long Time ◽  
Energy Community ◽  
The Impact

Abstract The paper focuses on the very topical issue of conclusion of the membership of the State, namely the United Kingdom, in European integration structures. The ques­tion of termination of membership in European Communities and European Union has not been tackled for a long time in the sources of European law. With the adop­tion of the Treaty of Lisbon (2009), the institute of 'unilateral' withdrawal was intro­duced. It´s worth to say that exit clause was intended as symbolic in its nature, in fact underlining the status of Member States as sovereign entities. That is why this institute is very general and the legal regulation of the exercise of withdrawal contains many gaps. One of them is a question of absolute or relative nature of exiting from integration structures. Today’s “exit clause” (Art. 50 of Treaty on European Union) regulates only the termination of membership in the European Union and is silent on the impact of such a step on membership in the European Atomic Energy Community. The presented paper offers an analysis of different variations of the interpretation and solution of the problem. It´s based on the independent solution thesis and therefore rejects an automa­tism approach. The paper and topic is important and original especially because in the multitude of scholarly writings devoted to Brexit questions, vast majority of them deals with institutional questions, the interpretation of Art. 50 of Treaty on European Union; the constitutional matters at national UK level; future relation between EU and UK and political bargaining behind such as all that. The question of impact on withdrawal on Euratom membership is somehow underrepresented. Present paper attempts to fill this gap and accelerate the scholarly debate on this matter globally, because all consequences of Brexit already have and will definitely give rise to more world-wide effects.

Six Dimensions of Public Law

2020 ◽  
pp. 399-430
Author(s):  
Paul Craig
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Case Law ◽  
Public Law ◽  
The European Union ◽  
The Public ◽  
The United Kingdom ◽  
Six Dimensions ◽  
The Impact ◽  
The Way

This chapter draws on the six dimensions of public law covered in the book: theory, institutions and accountability, constitutions and rights, process and procedure, legislation, and case law. It links discussion of these dimensions, by considering how they have been affected by Brexit. The chapter is not concerned with the contending arguments for leaving or remaining in the European Union. The focus is on the way in which Brexit has ‘pressure-tested’ the public law regime in the United Kingdom and the European Union. The six dimensions of public law that are discussed in the preceding chapters form the architectural frame through which the impact of Brexit on the public law regimes is assessed in both the United Kingdom and the European Union.

scholarly journals Two-Year Systematic Study To Assess Norovirus Contamination in Oysters from Commercial Harvesting Areas in the United Kingdom

2012 ◽  
Vol 78 (16) ◽  
pp. 5812-5817 ◽  
Author(s):  
James A. Lowther ◽  
Nicole E. Gustar ◽  
Andrew L. Powell ◽  
Rachel E. Hartnell ◽  
David N. Lees
Keyword(s):  
United Kingdom ◽  
Systematic Study ◽  
Quantitative Methods ◽  
Human Health Risk ◽  
Risk Indicators ◽  
The European Union ◽  
Systematic Analysis ◽  
The United Kingdom ◽  
Production Areas ◽  
The Impact

ABSTRACTThe contamination of bivalve shellfish with norovirus from human fecal sources is recognized as an important human health risk. Standardized quantitative methods for the detection of norovirus in molluscan shellfish are now available, and viral standards are being considered in the European Union and internationally. This 2-year systematic study aimed to investigate the impact of the application of these methods to the monitoring of norovirus contamination in oyster production areas in the United Kingdom. Twenty-four monthly samples of oysters from 39 United Kingdom production areas, chosen to represent a range of potential contamination risk, were tested for norovirus genogroups I and II by using a quantitative real-time reverse transcription (RT)-PCR method. Norovirus was detected in 76.2% (643/844) of samples, with all sites returning at least one positive result. Both prevalences (presence or absence) and norovirus levels varied markedly between sites. However, overall, a marked winter seasonality of contamination by both prevalence and quantity was observed. Correlations were found between norovirus contamination and potential risk indicators, including harvesting area classifications,Escherichia coliscores, and environmental temperatures. A predictive risk score for norovirus contamination was developed by using a combination of these factors. In summary, this study, the largest of its type undertaken to date, provides a systematic analysis of norovirus contamination in commercial oyster production areas in the United Kingdom. The data should assist risk managers to develop control strategies to reduce the risk of human illness resulting from norovirus contamination of bivalve molluscs.

EU to United Kingdom moves will fall under any Brexit

2019 ◽  
Keyword(s):  
United Kingdom ◽  
Immigration Policy ◽  
Negative Impact ◽  
Real Wages ◽  
Reduced Pressure ◽  
Content Type ◽  
Freedom Of Movement ◽  
The United Kingdom ◽  
The Impact ◽  
The Eu

Subject UK immigration outlook. Significance Under most Brexit scenarios, freedom of movement between the United Kingdom and the EU-27 will end in December 2020. This will require the United Kingdom radically to reform its immigration policy, both towards EU citizens and, to a lesser extent, non-EU citizens. Impacts Immigration reductions will have a small negative impact on UK public finances, even considering the reduced pressure on public services. There will be some increase in non-EU migration, especially of relatively well-paid workers. There may be some upward pressure on wages in specific sectors, although the overall impact on real wages is likely to be small. A change of prime minister may reduce immigration policy restrictiveness, mitigating the impact without altering the direction of travel.

scholarly journals An Evaluation of the Impact of Monetary Easing Policies in Times of a Pandemic

2021 ◽  
Vol 8 ◽  
Author(s):  
Ying Li ◽  
Yunpeng Sun ◽  
Mengya Chen
Keyword(s):  
Monetary Policy ◽  
Regression Analysis ◽  
United Kingdom ◽  
Interest Rates ◽  
Event Study ◽  
Study Analysis ◽  
The United Kingdom ◽  
Real Gdp ◽  
The World ◽  
The Impact

This article tests five major economies of the world, United Kingdom, Japan, Brazil, Chin and lastly, India, for the changes in the monetary policy decisions that have been implemented following the Covid-19 outbreak. The assessment was undertaken in the form of an event study analysis, further substantiated with a regression analysis conducted for exploring the significance of CPI and real GDP in predicting the policy interest rates in the economy. The results of the event study analysis presented that the abnormal changes in the interest rates were statistically significant in the case of the United Kingdom, Brazil, and China, while the abnormal changes were found to be statistically insignificant in the case of India and Japan.

scholarly journals IMPACTO DEL TLC PERU – UNION EUROPEA EN LAS EXPORTACIONES PERUANAS DE MANGOS AL REINO UNIDO. IMPACT OF THE FREE TRADE AGREEMENT PERU - EUROPEAN UNION IN PERUVIAN MANGO EXPORTS TO THE UNITED KINGDOM.

LOGOS ◽  
2017 ◽  
Vol 5 (1) ◽  
Author(s):  
Mag. Alfonso Cossio Carlín
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Product Portfolio ◽  
The European Union ◽  
The United Kingdom ◽  
The Impact ◽  
Preferential Access

RESUMENEl Objetivo General de la presente investigación es determinar el impacto que ha tenido el Tratado de Libre Comercio entre Perú y la Unión Europea en las exportaciones peruanas de mangos al Reino Unido (Inglaterra, Irlanda del Norte, Escocia y Gales). Las causas de dicho incremento no solamente se basan en un acceso preferencial (eliminación de aranceles de importación) sino también al aumento en el consumo de dicha fruta por parte de los residentes del Reino Unido. Este Tratado de Libre Comercio forma parte de una estrategia comercial integral que busca convertir al Perú en un país exportador, consolidando más mercados para su portafolio de productos, desarrollando una oferta exportable competitiva y promoviendo el comercio y la inversión, para brindar mayores oportunidades económicas y mejores niveles de vida.Por lo que en el presente artículo se presentan los siguientes ítems:IntroducciónMaterial y MétodoResultadosConclusionesBibliografíaPalabras claves: Tratado de Libre Comercio, consumo de mango, acceso preferencial.SUMMARYThe general objective of this research is to determine the impact that has had the Free Trade Agreement between Peru and the European Union in Peruvian exports of mangoes to the United Kingdom (England, Northern Ireland, Scotland and Wales). The causes of this increase not only rely on preferential access (elimination of import tariffs) but also to increased consumption of the fruit by UK residents.This FTA is part of a comprehensive business strategy that seeks to turn Peru into an exporter, consolidating more markets for its product portfolio, developing a competitive export supply and promoting trade and investment, to provide greater economic opportunities and improved living standards.So in this article, the following items are presented:• Introduction• Material and Methods• Results• Conclusions• BibliographyKeywords: Free Trade, consumption of mango, preferential access.

THE IMPACT OF BREXIT ON BRITISH-EUROPEAN RELATIONS

Moldoscopie ◽  
2021 ◽  
pp. 34-42
Author(s):  
Svetlana Cebotari ◽  
◽  
Carolina Budurina-Goreacii ◽  
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Great Britain ◽  
Northern Ireland ◽  
European Community ◽  
The European Union ◽  
European Security ◽  
The United Kingdom ◽  
Overseas Territories ◽  
The Impact

The exit of Great Britain from the European Union, “Brexit”, respectively “British exit”, has become one of the most important processes that trouble and concern the European world and not only. The impact of Brexit on British-European relations is considerable. Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Community. were argued by a series of arguments that can be grouped according to three major considerations: economic, political and security. Analyzing Brexit, it can be seen that the separation of the United Kingdom from the European Union is a phenomenon that can only bring disadvantages to both parties, as well as European security. Regarding the security of the two entities, Brexit is considered as a risk, but also an opportunity for Great Britain, as well as for the states of the European Union. This article aims to highlight the main consequences of Brexit on British-European relations, including the British Overseas Territories.

scholarly journals Requiem for a shared interdependent past: Brexit and the deterioration in UK-Irish relations

2019 ◽  
Vol 43 (1) ◽  
pp. 157-171 ◽  
Author(s):  
John O’Brennan
Keyword(s):  
European Union ◽  
United Kingdom ◽  
The European Union ◽  
Good Friday ◽  
Privileged Position ◽  
The United Kingdom ◽  
Good Friday Agreement ◽  
The Impact ◽  
East West

The vote by the electorate of the United Kingdom to leave the European Union in 2016 was one in which the impact of Brexit on the island of Ireland and on UK-Irish relations hardly figured. Within months, however, the ‘Irish border problem’ was centre stage. The deterioration in UK-Irish relations in the 2 years following the referendum was profound and marked the first stage in the potential unravelling of the deep interdependence which had come to characterise relations between Dublin and London by virtue of their shared membership of the European Union since 1973. A significant ‘reverse asymmetry of power’ emerged from the United Kingdom’s relative isolation in the Brexit negotiations and Ireland’s privileged position as an European Union insider. In an increasingly turbulent international arena, the retreat from integration set in train by Brexit also threatened the Good Friday Agreement and the institutions and processes put in place to manage North–South and East–West relations after 1998.

scholarly journals Challenges of Monetary Policy during Crisis in the United Kingdom

2018 ◽  
Vol 1 (17) ◽  
pp. 9-19
Author(s):  
Marta Paduszyńska
Keyword(s):  
Monetary Policy ◽  
United Kingdom ◽  
Financial Crisis ◽  
Central Bank ◽  
Negative Impact ◽  
Real Economy ◽  
Negative Effects ◽  
The United Kingdom ◽  
Bank Of England ◽  
The Impact

The topic of the presented study is about the monetary policy in the United Kingdom, included situation and challenges of this policy during crisis. This article presents the structure of the central bank of England as well as economic trends in years 2002–2016. Special attention has been devoted to the Quantitative Easing – unconventional monetary policy followed by central bank in the wake of financial crisis that began in 2007. The main purpose of the article is to show the impact of the financial crisis on the monetary policy in the United Kingdom and methods of dealing with its negative effects. Realisation of this will be studied literature and data compiled by the institutions involved in the discussed issue, especially reports prepared by the Central Bank of England. The financial crisis has had a negative impact on the real economy of the United Kingdom. It limited possibilities of household consumption and also possibilities of investment companies. Both of those, consumption and investment are important determinants of GDP.

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