scholarly journals UK PROSPECTS EVALUATION AFTER BREXIT

Author(s):  
Nataliia MIEDVIEDKOVA ◽  
Ivan US

The key aspects of political plans, conditions, key events and changes for Brexit are considered. The impact of Brexit referendum held in 2016 on how the citizens of Britain and other countries perceive the UK and the EU is researched. Survey results concerning the United Kingdom’s decision to leave the European Union are considered. SWOT analysis on the effect of Brexit on the UK is provided. Primarily the attention is focused on the benefits for the UK such as improved border security and reduction of terrorism, no need to pay an annual fee to the EU treasury. New opportunities for the UK are also defined, namely free choice of policy not restricted by EU conditions, the opportunity to defend the interests of national producers and consumers, preservation of cultural values and traditions. Detailed consideration is given to significant weaknesses for the UK such as re-concluding agreements with each EU member, perceive the UK as a competitor rather than a partner, higher tariffs, finding talented workers, decrease in tax revenues, and the Brexit price. Settlements between the UK and the EU (that forming the Brexit price), as well as the mechanism for calculating UK contributions to the EU budget are analyzed. The main threats are also substantiated, namely uncertainty, unsolved problems with the border between Ireland and Northern Ireland, Scottish reluctance to leave the EU, decrease in trade with EU countries and investment attractiveness. Own interpretation of the prospects for Brexit is suggested. JEL: F15, F36, F53.

2019 ◽  
Vol 95 (6) ◽  
pp. 1349-1368 ◽  
Author(s):  
Jess Gifkins ◽  
Samuel Jarvis ◽  
Jason Ralph

Abstract The United Kingdom's decision to leave the European Union has ramifications beyond the UK and the EU. This article analyses the impact of the Brexit referendum on the UK's political capital in the United Nations Security Council; a dimension of Brexit that has received little attention thus far. Drawing on extensive elite interviews we show that the UK has considerable political capital in the Council, where it is seen as one of the most effective actors, but the reputational costs of Brexit are tarnishing this image. With case-studies on the UK's role in Somalia and Yemen we show how the UK has been able to further its interests with dual roles in the EU and Security Council, and the risks posed by tensions between trade and human rights after Brexit. We also analyse what it takes to be influential within the Security Council and argue that more attention should be paid to the practices of diplomacy. Influence is gained via penholding, strong diplomatic skill and a well-regarded UN permanent representative. The UK accrues political capital as a leader on the humanitarian and human rights side of the Council's agenda, but this reputation is at risk as it exits the EU.


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


Author(s):  
Anthony Salamone

As Scottish Conservative leader, Ruth Davidson was a prominent campaigner for a ‘Remain’ vote in the European Union referendum of June 2016. Following the 2017 general election, meanwhile, Davidson repositioned herself as someone who could – aided by 13 Scottish Tory MPs in the House of Commons – influence the Brexit negotiations and nudge the UK Conservative Party towards a ‘soft’ rather than ‘hard’ deal with the EU. This chapter considers the impact of Brexit on the Scottish Conservatives during the leadership of Ruth Davidson in four dimensions: Brexit’s distinct Scottish political context, its electoral consequences, the conduct of Brexit within the UK, and the Brexit negotiations themselves. It concludes with reflections on the future prospects for the Scottish party in light of all four dimensions.


Author(s):  
Federico Fabbrini

This chapter analyses the European Union during Brexit, explaining how the EU institutions and Member States reacted to the UK’s decision to leave the EU. It outlines how they went about this in the course of the withdrawal negotiations. The EU institutions and Member States managed to adopt a very united stance vis-à-vis a withdrawing state, establishing effective institutional mechanisms and succeeding in imposing their strategic preferences in the negotiations with the UK. Nevertheless, the EU was also absorbed during Brexit by internal preparations to face both the scenario of a ‘hard Brexit’—the UK leaving the EU with no deal—and of a ‘no Brexit’—with the UK subsequently delaying exit and extending its EU membership. Finally, during Brexit the EU increasingly started working as a union of 27 Member States—the EU27—which in this format opened a debate on the future of Europe and developed new policy initiatives, especially in the field of defence and military cooperation.


Author(s):  
Jeremy Horder

This chapter examines three major examples of financial crime: fraud, bribery, and money laundering. The importance of financial crime, and of vigorous prosecution policies in relation to it, should not be underestimated. Fraud accounts for no less than one third of all crimes captured by the Crime Survey for England and Wales. The European Union Parliament has estimated that corruption costs the EU between €179 and €990 billion each year. Finally, the Home Office estimates that the impact of money laundering on the UK economy is likely to exceed £90 billion. An understanding of these crimes, and in particular the way that they reflect corporate activity, is nowadays essential to the study of criminal law.


BMJ Open ◽  
2019 ◽  
Vol 9 (9) ◽  
pp. e025025
Author(s):  
George Garas ◽  
Isabella Cingolani ◽  
Vanash M Patel ◽  
Pietro Panzarasa ◽  
Ara Darzi ◽  
...  

ObjectiveTo evaluate the role of the European Union (EU) as a research collaborator in the UK’s success as a global leader in healthcare research and innovation and quantify the impact that Brexit may have.DesignNetwork and regression analysis of scientific collaboration, followed by simulation models based on alternative scenarios.SettingInternational real-world collaboration network among all countries involved in robotic surgical research and innovation.Participants772 organisations from industry and academia nested within 56 countries and connected through 2397 collaboration links.Main outcome measuresResearch impact measured through citations and innovation value measured through the innovation index.ResultsGlobally, the UK ranks third in robotic surgical innovation, and the EU constitutes its prime collaborator. Brokerage opportunities and collaborators’ geographical diversity are associated with a country’s research impact (c=211.320 and 244.527, respectively; p<0·01) and innovation (c=18.819 and 30.850, respectively; p<0·01). Replacing EU collaborators with US ones is the only strategy that could benefit the UK, but on the condition that US collaborators are chosen among the top-performing ones, which is likely to be very difficult and costly, at least in the short term.ConclusionsThis study suggests what has long been argued, namely that the UK-EU research partnership has been mutually beneficial and that its continuation represents the best possible outcome for both negotiating parties. However, the uncertainties raised by Brexit necessitate looking beyond the EU for potential research partners. In the short term, the UK’s best strategy might be to try and maintain its academic links with the EU. In the longer term, strategic relationships with research powerhouses, including the USA, China and India, are likely to be crucial for the UK to remain a global innovation leader.


2018 ◽  
Vol 54 (2) ◽  
pp. 99-109
Author(s):  
Jakub Borowski ◽  
Jakub Olipra ◽  
Paweł Błaszyński

Abstract The decision of the United Kingdom (UK) to leave the European Union (EU) is unprecedented, especially considering the recent trend in the global economy toward economic integration. There is a multitude of research concerning the implications of economic integration; however, research in the field of disintegration is scarce. Brexit serves as an interesting case study to investigate the effects of economic disintegration. The implications for trade are especially fascinating as trade liberalization is one of the most important benefits of economic integration. Existing studies focus mainly on Brexit’s impact on the UK’s exports and imports, while less attention has been paid to Brexit’s effects on the trade of other countries. The main objective of our research is to estimate Brexit’s influence on Polish exports. We present several possible scenarios of future trade relations between the UK and the EU and assume that, at least in the nearest-future post-Brexit scenario, trade under the World Trade Organization rules is most likely. This will result in the imposition of tariffs on trade between the UK and the EU members, including Poland. In our research, we used the real exchange rate of the Polish zloty against the British pound as a proxy for the changes in price competitiveness of Polish exports due to the imposition of tariffs. We find that in the first year after Brexit, the dynamics of Polish exports to the UK will decrease due to the imposition of customs duties by 1.3 percentage points (pp) and by 0.1 pp when it comes to total Polish exports. This paper contributes to the discussion on the effects of disintegration on trade. We propose a new method for assessing changes in trade volume due to increase of trade barriers.


Subject The impact of Brexit on the English-speaking Caribbean. Significance The Caribbean is a region with strong links to the United Kingdom that will be affected significantly by the UK voters' decision to leave the EU ('Brexit'). The region includes sovereign and non-sovereign countries and both groups will be affected, albeit in different ways. Impacts Caribbean concerns will not be a priority for either the United Kingdom or the EU. Uncertainty may further undermine already weak regional economies. CARICOM will need a new trade accord with the United Kingdom, its main export market.


2020 ◽  
Vol 27 (3) ◽  
pp. 227-245 ◽  
Author(s):  
Juliet Carpenter ◽  
Moneyba González Medina ◽  
María Ángeles Huete García ◽  
Sonia De Gregorio Hurtado

This paper explores the dynamics of urban policy transfer in the European Union (EU), critically examining the process of Europeanization in relation to urban issues. The paper takes a comparative approach, analysing the evolution of urban policy and Europeanization in four member states: France, Italy, Spain and the UK from the 1990s up to the current Cohesion Policy period (2014–2020). Using an analytical framework based on three dimensions of Europeanization (direction, object and impact), we examine the extent to which urban policies are moving towards an integrated approach to sustainable urban development, as supported by the EU. The paper highlights the contradictions between processes of convergence through Europeanization, and path-dependent systems and trajectories that forge alternative paths. In doing so, it advances wider debates on the impact of Europeanization in a neo-liberal context by arguing that member states more likely to be affected by Europeanization are those most impacted by national austerity measures. A process of ‘variegated Europeanization’ is proposed to capture the differential practices taking place within the EU with regard to the circulation of the EU’s approach to urban policy.


Author(s):  
Daniel Kenealy ◽  
John Peterson ◽  
Richard Corbett

This chapter considers the impact of the United Kingdom’s (UK’s) decision to leave the EU. In June 2016, the UK held a referendum on continuing its EU membership. The UK voted to leave the EU by a narrow margin, but one large enough for its new Prime Minister (after David Cameron, who called the referendum, resigned), Theresa May, to call ‘Brexit’ (the process of Britain exiting the EU) ‘the settled will of the British people’. The result sent shock waves across Europe. This chapter seeks to explain how and why the Brexit vote occurred and what might happen—both to the UK and to the EU—as a result. Possible outcomes of the negotiations on Brexit are considered with a view to assessing their impact on the UK, the EU, and the future of European integration.


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