scholarly journals Brexit and new perspectives of an unconventional way of Eurozone revival

2019 ◽  
Vol 8 (3) ◽  
pp. 5-20 ◽  
Author(s):  
Nikolaos A. Kyriazis ◽  
Emmanouil M. L. Economou

Abstract In the aftermath of the UK referendum on June 23rd, 2016 that resulted in a sonorous negative decision regarding the willingness of the British people to remain in the EU, a significant number of alarming questions have emerged. Although Europe should have forged in crises, nowadays, many compromises have to be made in order to maintain the European construction as intact as possible. The question we attempt to answer is whether a new phase of unconventional monetary policy in the form of QE would be appropriate to lessen the threat of an upcoming crisis. This is why we examine Eurozone QE perspectives through the prism of the new EU era without the UK in order to highlight the pros and cons of the historical Brexit decision. As new rounds of unconventional monetary policy are believed to be essential for supporting the weaker countries in the European south, perspectives of non-conventional success could alter and optimal policies be substantially reformulated subject to the newly-arising constraints. Based on the main scenarios about the UK’s relations to the European Union in the near future, we estimate how a new round of non-conventional measures could affect the Britons as well as the European citizens. Moreover, we try to assess the viability of each of these outcomes through the spectrum of a monetary-driven decision-making.

2014 ◽  
pp. 116-131
Author(s):  
Beata Słupek

The subject of this publication is the scepticism regarding the future of the European Union in the UK. The research is based on Eurobarometer surveys conducted over the period of five years. A purpose of the research is to show the relationship between the results of the Eurobarometer survey on the future of the EU, and the eurosceptic views in the UK. The main research questions is: is the UK sceptical about the future of the EU? Hypothesis of this publication is that the UK is sceptical about the future of the European Union. The reasons for such attitudes are not analysed here – the article is merely an attempt to present the societal attitudes. The research method employed is the comparative critical analysis of quantitative data. The conclusion is that Great Britain is not significantly eurosceptic. British people are, however, less enthusiastic about what is happening at present in the EU, and also are showing greater anxieties when it comes to the future of the EU.


Competitio ◽  
2005 ◽  
Vol 4 (2) ◽  
pp. 7-12 ◽  
Author(s):  
Alexandre Lamfalussy

It is a mild understatement that nowadays the EU is navigating in rough waters. Close to half of the member countries of the Euro area are in breach of their fiscal stability commitment – and some of them very substantially. Quite a few heads of government publicly criticise the ECB’s monetary policy. Germany and France are determined to water down the Bolkenstein directive on the implementation of a genuine single market for services (which amount to about two-thirds of the EU’s GDP), to which, incidentally, no major objections had been raised by the governments of the member states during the drafting stage. There is no agreement on the longer term EU budget. Only Ireland, the UK and Sweden accept the free movement of the residents of the ten countries which became members of the EU in May last year.


Author(s):  
Jure Vidmar

Summary There are no universally applicable procedural standards under international law for independence referenda. However, in contemporary comparative practice, a minimum requirement has emerged for clarity of both the winning majority and the referendum question. This article demonstrates that Scotland could become an independent state with the lowest popular support in recent international practice, yet this outcome would not compromise the legitimacy of the vote. Even the referendum question is an exemplar of textual clarity. However, the possibility of a referendum on the United Kingdom’s (UK) exit from the European Union (EU) complicates the matter. The author argues that, with independence, Scotland would, prima facie, also exit the EU, unless negotiated otherwise. However, with a potential referendum on the UK’s EU membership on the horizon, Scots do not know whether a vote to remain within the UK is also a vote to remain within the EU. Given the complexity and significance of the EU legal order, Scots have a right to know whether, at least in the near future, the alternative to independence is the UK within or outside the EU. If the two referenda fall too close to each other, the clarity of the Scottish independence referendum could be unduly compromised.


English Today ◽  
2019 ◽  
pp. 1-7
Author(s):  
Susanne Mohr ◽  
Sandra Jansen ◽  
Julia Forsberg

The UK is facing important changes in the near future, with Brexit, i.e. the UK leaving the European Union (EU), looming ever more closely on the horizon. These important political and economic changes will certainly have an influence on Europe as a whole, and have had linguistic consequences for the English language, such as Brexit-related neologisms (Lalić-Krstin & Silaški, 2018). As Modiano (2017a) suggests, Brexit might also have an influence on the status of the English language in the EU, in particular with regard to the dominance of native speaker varieties. In this article, we discuss the possibility of the use of a neutral European English variety in the EFL classrooms of two EU member states, i.e. Sweden and Germany. Based on a survey among 80 practitioners in secondary schools (first results were presented in Forsberg, Mohr & Jansen, 2019), the study investigates attitudes towards target varieties of English in general, and European English or ‘Euro-English’ (cf. Jenkins, Modiano & Seidlhofer, 2001; Modiano 2003) in particular, after the referendum in June 2016.


Author(s):  
Ghulam Mustafa ◽  
Mazhar Hussain ◽  
Adnan Aslam

Brexit is a term used to explain about the departure or withdrawal of Great Britain from the European Union. Brexit is a very important political development of recent political scenario of Europe. It has its impacts on the economic and political future of both UK and EU. The UK is enjoying membership of the EU from the beginning. But in mid of 2016 a referendum was held in UK to decide whether they should remain in EU or exit. The British people decide in favor of exit with a simple majority of 51.9%. After that referendum British Prime Minister David Cameron resigned and new general elections were held in 2017. Since the referendum the UK and EU are negotiating on an exit deal and the UK is due to leave the union on 29th March 2019. It will have its dimensions and implications. There are voices rose demanding a new referendum on the issue because many British people think that the Brexit is not good for UK. There are pro EU voices in European countries who also wish UK to remain part of this community. In this descriptive study ‘impacts of Brexit on UK’ has been discussed and economic and political dimensions have been observed by the researchers.


This book provides the first comprehensive analysis of the withdrawal agreement concluded between the United Kingdom and the European Union to create the legal framework for Brexit. Building on a prior volume, it overviews the process of Brexit negotiations that took place between the UK and the EU from 2017 to 2019. It also examines the key provisions of the Brexit deal, including the protection of citizens’ rights, the Irish border, and the financial settlement. Moreover, the book assesses the governance provisions on transition, decision-making and adjudication, and the prospects for future EU–UK trade relations. Finally, it reflects on the longer-term challenges that the implementation of the 2016 Brexit referendum poses for the UK territorial system, for British–Irish relations, as well as for the future of the EU beyond Brexit.


2021 ◽  
pp. 001573252110122
Author(s):  
Rupa Chanda ◽  
Neha Vinod Betai

In June 2016, the United Kingdom took the world by surprise with the results of its referendum on whether to remain in the European Union (EU). With a 52% majority, the country decided to leave the bloc in which it had been a member since 1973. With this outcome began the long process of Brexit negotiations between UK and the EU. The UK officially ceased to be an EU member on 31 January 2020, with a transition period up to the end of 2020. The decision to leave the EU came on the back of rising bitterness among people. Membership in the EU was seen as expensive and not beneficial to the country. One of the major campaigning points of the leave camp was the issue of immigration. Given that free movement of people is an important part of being in the EU, the party argued that leaving the EU would help the country take back control of its borders. Immigration in the UK has been on the rise since the early 2000s. It shot up further with the accession of the eight East European economies into the EU. Figure 1 shows how, leading up to Brexit, immigration from the EU to the UK was constantly increasing. JEL Codes: F00, F30, F22, F23


2007 ◽  
Vol 13 (2) ◽  
pp. 507-514
Author(s):  
Ivan Vuković

In this paper we researched European Union starting with the Agreement from Maastrich from year 1992, even though the European Union has a long traditional history and its origin is founded on regulations of economical integrations in Europe beginning from the 1950’s through the Roman treaty from year 1957 and the forming of the European Union Committee in year 1965. Further we follow her expansion and introduction of the European economic and monetary policy, to last, the joining perspective of Croatia. According to the Agreement from Maastrich, European Union lies on three posts: 1) Legal-political and regulative post, 2) Economical post, where the forming of European economical and monetary policy is in the first plan, especially the introducing of Euro as the unique European currency, 3) Post of Mutual foreign security policy within European Union. In that context we need to highlight the research conducted here and in European Union, including the world, regarding development of European Union and its economical, legal, political and cultural, as well as foreign diplomatic results, which are all perspectives of European Union. All the scientists and researches which were involved in exploring the development of EU with its modern tendencies and development perspective, agree that extraordinary results are achieved regards to economical, legal, political, foreign-security and diplomatic views, even tough many repercussions exist in progress of some particular members and within the EU as a whole. The biggest controversy arises in the perspective and expanding of European Union regarding ratification of the Constitution of EU from particular country members, but especially after the referendum was refused from two European countries, France and Netherlands. According to some estimates, the Constitution of EU would have difficulty to be adopted in Switzerland and some other Scandinavian countries, but also in Great Britain and other very developed countries. However the European Community and European Union were developing and expanding towards third European countries, regardless of Constitutional non-existence, where we can assume that if and when the Constitution of EU will be ratified, the EU will further develop as one of the most modern communities. This will enable economical development, especially development of European business, unique European market and free trade of goods and services, market of financial capital and labour market in free movement of labour. Being that EU has become one of the most largest dominating markets in the world, it offers a possibility to all new members to divide labour by using modern knowledge and high technology which insure economical, social and political prosperity. This results to forming a society of European countries which will guarantee all rights and freedom of development for all nations and ethnic groups. As well as, all European countries with somewhat less sovereignty, but in international relations will be stronger and significant, not only in sense of economics, but also in politics and military diplomatic relations. Therefore, Croatia has no choice and perspective if she does not join the European Union till year 2010, but until than it needs to create its strategy of economical and scientific-technological development, including demographic development, which will insure equal progress of Croatia as an equal member of European Union.


2021 ◽  
Author(s):  
Isabell Böhm

Climate change litigation is becoming increasingly important. This thesis deals with the question whether state liability claims against Germany or the EU can be justified, if commitments to reduce greenhouse gas emissions are not met. For this purpose, the claim under public liability according to § 839 German Civil Code in connection with Art. 34 German Basic Law, the liability of the EU-Member States and the liability of the European Union according to Art. 340 II TFEU are discussed. At the end of the thesis, considerations on the practical perspectives of state liability are made in order to improve their prospects of success.


Sign in / Sign up

Export Citation Format

Share Document