An Accidental Brexit: New EU and Transatlantic Economic by Paul J.J. Welfens

By Paul J.J. Welfens

This publication analyzes how the ecu referendum within the uk got here to move and what the foreseeable effects are for the united kingdom, Europe, US and global economic system. The Brexit determination represents a momentous occasion for Europe, which weakens the ecu and shifts the worldwide stability of strength. Welfens argues the european has misplaced its attraction and isn't in response to the twenty-first century, that's being formed by means of Asia and electronic ideas. the topic of immigration from ecu international locations performed a key position within the Brexit choice, with an anti-EU crusade that used to be profoundly biased. The envisioned influence of the referendum used to be deeply distorted by way of the generally insufficient details produced through the Cameron executive, which passed over the predicted 10 percentage loss in source of revenue attributable to leaving the european. With this this knowledge, there might have been a transparent pro-EU majority. within the absence of a moment referendum, one can't recognize what the British citizens particularly wishes. either the Brexit choice and new President of the U.S. Donald Trump's method of ecu disintegration dynamics additionally bring up severe questions on the way forward for transatlantic relations.

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