Political and Economic Impacts of Brexit on European Union

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

The Brexit is a term used to explain about the withdrawal of Great Britain from the European Union. Brexit is an important political development in the recent political scenario of Europe. It has its impacts on the economic and political future of the UK and the EU. In mid of 2016, a referendum was held in the UK to decide whether they should remain in the EU or exit. The British decided in favour of exit. In this study, descriptive analysis study covers the impacts of Brexit on the EU, possible post-Brexit challenges, and way forward for the EU. The post-Brexit challenges for the EU such as rise of anti-EU political forces spreading anti-migrants’ sentiments in member states and economic challenges such as Budgetary gap, impact of Brexit on the structures of the EU institutions have been observed. It has also been observed that the EU will remain stable despite of the challenges. If it deals the situation with unity and harmony among its member states, the challenges can be turned into opportunities.

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.


2020 ◽  
Vol 21 (1) ◽  
pp. 52-61
Author(s):  
William Sulisyo ◽  
Hendhia ◽  
Ivonne ◽  
Ellica ◽  
Andhika Raflie ◽  
...  

European Union is a political and economic union of 27 member states. Britain is one of the leading members of the EU. The UK decided to leave the European Union. The EU struggled with the project that was being worked on called Climate Diplomacy. EU and its member states are part of the United Nations Framework Convention on Climate Change (UNFCCC). The EU has built a significant and potentially a leading position in global governance on climate. Brexit is only one factor that could change the dynamics of its role. In this case, The EU has a negative impact as well as positive impacts due to Brexit. It turns out that the negative implications are more dominant than positive effects. European Union will lose the financial contribution made by the UK to the EU budget.   Keywords: European Union, UK, Brexit, Climate Diplomacy.


Author(s):  
N. Y. Kaveshnikov

The article discusses some implications of the Brexit referendum for institutional and political development of the European Union and for relations between the EU and the UK. The most obvious consequence of the referendum is the collapse of ideology of continuous and progressing development of integration. Instead of endless, irreversible, a priori beneficial for everyone integration process, the European Union has become an organization that does not have a Messianic goal and obliged to prove its usefulness in everyday life. EU systemic crisis will inevitably lead to a profound transformation of its institutional and political structure. After the British referendum, only two options are possible. First of all, partial deconstruction of the European Union. The idea that European integration has gone too far lies in the basis of this strategy. According to this logic, the single market is the main EU achievement. Return to the basics - this is a pragmatic approach to integration, which should replace attempts to fix rotten projects (like Euro) or to achieve the unattainable (political Union). This option is hardly probable. Second option is transformation of the EU into the "core and periphery" system having the basis flexible integration. Over the past 20 years, flexibility transformed from temporary phenomenon into a permanent and formalized mechanism; its elements exist in many EU politics. Brexit would be able to accelerate significantly the formation of a cohesive core within the Eu. The core will not be homogeneous; it will include as governing structures: the German-French axis and a group of EU founding countries.


Author(s):  
Federico Fabbrini

This book examines how the European Union has changed during Brexit and because of Brexit, while also reflecting on the developments of the EU besides Brexit and beyond Brexit. It argues that the withdrawal of the United Kingdom from the EU—the first ever case of disintegration since the start of the European integration process—creates an urgent need to reform the EU. In fact, while the EU institutions and its Member States have remained united in their negotiations vis-à-vis the UK, Brexit has created transitional problems for the EU, and exposed other serious fissures in its system of governance which need to be addressed moving forward. As the EU goes through another major crisis in the form of the response to the Covid-19 pandemic, the case for increasing the effectiveness and the legitimacy of the EU grows stronger. In this context, the book analyses the plan to establish a Conference on the Future of Europe, considering its precedents and discussing its prospects.


Author(s):  
Scotford Eloise

This chapter evaluates international environmental law (IEL) in the courts of the European Union (EU) and the United Kingdom. This topic potentially covers many different kinds of courts, considering that the EU comprises many member states, each with its own court system, and the United Kingdom itself is a system of devolved government with different court systems. To draw out some key themes, the chapter focuses on decisions of the EU courts and the UK courts in England and Wales, as well as particularly notable decisions of other EU member state courts (available in English). The different experiences of IEL in these three sets of courts demonstrate that the doctrines of different legal systems and their legal cultures are critical to the experiences of their courts in implementing IEL. The chapter examines the reception and application of IEL in these different courts in two steps. It first looks at cases in which IEL has been directly applied by courts, considering the complex EU law in this area, and the EU's special role in implementing IEL in member states. The chapter then addresses cases where IEL applies indirectly in judicial reasoning.


Author(s):  
M. Vitrik ◽  
K. Kuznetsova

The article deals with the problem of the consequences of Brexit, the UK is interested in maintaining access to the Single internal market of the European Union, highlights options for further participation of the UK in the integration processes in Europe, describes possible ways of the future development of the situation. The analysis has shown that it is diffi cult to fi nd an option that would satisfy both the EU and the UK. Special attention is paid to the relationship between Russia and the UK after Brexit. The authors conclude that Russia is in favor of establishing relationship with the UK, but everything will depend on further decisions of the EU and the UK regarding their mutual cooperation.


2018 ◽  
Vol 8 (2) ◽  
pp. 121-144
Author(s):  
Touko Johannes Sinisalo

AbstractOn 28 March 2018, the European Commission published a press release stating that there is a plan to revoke all.eu domains owned by the United Kingdom’s individuals and entities due to Britain’s exit from the European Union. The article highlights issues related to the process of the UK leaving the EU, gives examples from other fields of the Union law and the national law of the Member States which have experienced similar situations and also points out the fundamental rights that the Commission needs to comply with. The basics of domain names are also partially covered to inform the reader about what domain names are based on and of existing regulations in the field.


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.


2020 ◽  
Vol 3 (1) ◽  
pp. 192-197
Author(s):  
Jakub Gábor

AbstractThe United Kingdom has left the European Union on 31 January 2020. Discussions that preceded such a move were conducted in three dimensions: they pertained a post-Brexit relationship between the UK and EU, future conduct within the UK and the one within the EU. Whilst public discourse has been dominated by the first two, this paper approaches the third one – on how Brexit has affected relationships between remaining 27 EU Member States. Stemming from the calculation of Banzhaf indices, it assesses the impact of Brexit on the voting power of remaining Member States in the Council of the EU – arguably the most important body within the EU institutional architecture – and identifies which countries are going to record the most significant gains and losses in this respect.


2017 ◽  
Vol 35 (3) ◽  
pp. 69-85
Author(s):  
Eric Lagenbacher

Observers across Europe and the world were shocked when British voters decided in June 2016 to leave the European Union. Since the Brexit decision, British politics have been in disarray and the government’s incoherent negotiation positions have created much economic and political uncertainty. Germans and others have had to formulate policy based on assumptions and predictions. Despite slightly different emphases, all mainstream German parties have endorsed a harder line rejecting British efforts to cherry pick the most desirable aspects of a relationship with the EU. This stance accords with the preferences of European Union actors and the vast majority of member states. Moreover, the likely effects on the German economy will not be catastrophic. Thus, as much as Germans prefer that the UK remain in the EU, there is also little desire to accommodate British demands—and there may even be a sense of relief.


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