Economic Consequences Of United Kingdom S Decision To Stay Or Leave The European Union
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Economic consequences of United Kingdom s decision to stay or leave the European Union
Author | : Peyman Pouryeganeh |
Publsiher | : GRIN Verlag |
Total Pages | : 21 |
Release | : 2015-10-30 |
Genre | : Political Science |
ISBN | : 9783668077980 |
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Research Paper (postgraduate) from the year 2013 in the subject Business economics - Economic Policy, , language: English, abstract: What would be the economic consequences of the United Kingdom leaving the European Union? This paper begins by investigating the current economic situation of the EU and the UK. then it evaluates the benefits and the drawbacks associated with the UK’s membership in the European Union, to conclude on whether the economic situation of the UK would be better if it left the EU. Although, for economic reasons, the UK has consistently shown interest in a deeper European single market, on many occasions, it has demonstrated discomfort with the politics and efforts of other EU members to implement members’ obligations. For the same reason, the country did not adopt euro as its currency in 1999. In addition, and to maintain and control its borders, it did not become a member of the Schengen area and cooperation. The economy of the UK is mainly services-based with a concentration on financial services although it also maintains capacity in high-tech and other industrial sectors. With a GDP of €1.9 billion in 2012, the UK’s economy is the third largest in the EU after Germany and France, and accounts for more than 14% of the EU’s total GDP, making it an important member of the European Union. On the other hand, nearly half of the UK’s exports go to the EU member countries making EU an indispensable market for the UK’s economy. The question of leaving the EU is therefore a much debated one, and this paper adds to the discussion.
Economic Consequences of United Kingdom s Decision to Stay Or Leave the European Union
Author | : Peyman Pouryeganeh |
Publsiher | : Unknown |
Total Pages | : 24 |
Release | : 2015-11-24 |
Genre | : Electronic Book |
ISBN | : 3668077991 |
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Research Paper from the year 2013 in the subject Business economics - Economic Policy, language: English, abstract: What would be the economic consequences of the United Kingdom leaving the European Union? This paper begins by investigating the current economic situation of the EU and the UK. then it evaluates the benefits and the drawbacks associated with the UK's membership in the European Union, to conclude on whether the economic situation of the UK would be better if it left the EU. Although, for economic reasons, the UK has consistently shown interest in a deeper European single market, on many occasions, it has demonstrated discomfort with the politics and efforts of other EU members to implement members' obligations. For the same reason, the country did not adopt euro as its currency in 1999. In addition, and to maintain and control its borders, it did not become a member of the Schengen area and cooperation. The economy of the UK is mainly services-based with a concentration on financial services although it also maintains capacity in high-tech and other industrial sectors. With a GDP of 1.9 billion in 2012, the UK's economy is the third largest in the EU after Germany and France, and accounts for more than 14% of the EU's total GDP, making it an important member of the European Union. On the other hand, nearly half of the UK's exports go to the EU member countries making EU an indispensable market for the UK's economy. The question of leaving the EU is therefore a much debated one, and this paper adds to the discussion."
Brexit and Beyond
Author | : Benjamin Martill,Uta Staiger |
Publsiher | : UCL Press |
Total Pages | : 314 |
Release | : 2018-01-29 |
Genre | : Political Science |
ISBN | : 9781787352773 |
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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
The Politics and Economics of Brexit
Author | : Annette Bongardt,Leila S. Talani,Francisco Torres |
Publsiher | : Edward Elgar Publishing |
Total Pages | : 240 |
Release | : 2020-07-31 |
Genre | : Political Science |
ISBN | : 9781788977975 |
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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.
Brexit
Author | : Harold D. Clarke,Matthew Goodwin,Matthew J. Goodwin,Paul Whiteley |
Publsiher | : Cambridge University Press |
Total Pages | : 275 |
Release | : 2017-04-20 |
Genre | : Political Science |
ISBN | : 9781107150720 |
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The first comprehensive, authoritative study of the political, economic and social forces which led to Brexit and its likely consequences.
Brexit Economic Consequences For The United Kingdom
Author | : Mike Parson |
Publsiher | : Vincenzo Nappi |
Total Pages | : 0 |
Release | : 2021-08-07 |
Genre | : Electronic Book |
ISBN | : 9798215047866 |
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On June 23, 2016, the United Kingdom called its voters at the polls to vote on a referendum on the country's stay in the European Union. 51.89% of voters voted for Leave, the exit against 48.11 in favor of Remain, the permanence, with a turnout of 71.8% of the electorate (over 30 million people ). The country was very divided. Scotland (62%), London (59.9%), Northern Ireland (55.8%), and the overseas territory of Gibraltar (95.9%) were in favor of Remain. The vote also appeared very divided demographically, with young people between 18-24 and 25-34 years old who voted 73% and 62% respectively to stay in Europe. In this book, I investigate the situation wherein the United Kingdom withdraws its membership of the European Union, concentrating on the economic consequences. I describe the UK's history with the EU and the possible frameworks for their future relationship. I produce analyses of the economic changes to UK trade, focusing on the benefits of the Single Market, the City of London and the financial sector, and the labor market in response to changes in immigration. I discuss the probability of each possible future relationship based on UK and EU preferences and evaluate the UK's consequences. Overall, my findings suggest that the UK will negotiate a Free Trade Agreement with the EU yet suffer significant economic repercussions from exiting the Union. This is mainly because the UK will have to give up sovereignty in trade for market access, and the UK is disinclined to do so.
United Kingdom
Author | : International Monetary Fund. European Dept. |
Publsiher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 0 |
Release | : 2016-06-17 |
Genre | : Business & Economics |
ISBN | : 1484395379 |
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This paper aims to provide European Union (EU), while recognizing that the choice of whether to remain in the EU is for U.K. voters to make and that their decisions will reflect both economic and noneconomic factors. The question of EU membership is both a political and an economic issue, and the referendum has sparked a wide-ranging debate on the United Kingdom’s role in the EU. Given the range of plausible alternative arrangements with the EU, the number of channels by which countries could be affected and the range of possible effects on the United Kingdom and other economies are broad.
Framing Risky Choices
Author | : Ece Özlem Atikcan,Richard Nadeau,Éric Bélanger |
Publsiher | : McGill-Queen's Press - MQUP |
Total Pages | : 226 |
Release | : 2020-06-03 |
Genre | : Political Science |
ISBN | : 9780228002253 |
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The majority of policymakers, academics, and members of the general public expected British citizens to vote to remain in the European Union in the 2016 referendum. This perception was based on the well-established idea that voters don't like change or uncertainty. So why did the British public vote to take such a major economic risk? Framing Risky Choices addresses this question by placing the Brexit vote in the bigger picture of EU and Scottish independence referendums. Drawing from extensive interviews and survey data, it asserts that the framing effect – mobilizing voters by encouraging them to think along particular lines – matters, but not every argument is equally effective. Simple, evocative, and emotionally compelling frames that offer negativity are especially effective in changing people's minds. In the Brexit case, the Leave side neutralized the economic risks of Brexit and proposed other risks relating to remaining in the EU, such as losing control of immigration policy and a lack of funding for the National Health Service. These concrete, impassioned arguments struck an immediate and familiar chord with voters. Most intriguingly, the Remain side was silent on these issues, without an emotional case to present. Framing Risky Choices presents a multi-method, comparative, state-of-the-art analysis of how the Brexit campaign contributed to the outcome. Uncovering the core mechanism behind post-truth politics, it shows that the strength of an argument is not its empirical validity but its public appeal.