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

By Paul J.J. Welfens

This publication analyzes how the european referendum within the uk got here to cross and what the foreseeable results are for the united kingdom, Europe, US and global economic climate. The Brexit selection represents a momentous occasion for Europe, which weakens the european and shifts the worldwide stability of energy. Welfens argues the european has misplaced its allure and isn't according to the twenty-first century, that is being formed via Asia and electronic thoughts. the topic of immigration from ecu international locations performed a key function within the Brexit selection, with an anti-EU crusade that used to be profoundly biased. The anticipated effect of the referendum was once deeply distorted by way of the generally insufficient info produced by way of the Cameron govt, which passed over the anticipated 10 percentage loss in source of revenue brought on by leaving the european. With this this data, there might have been a transparent pro-EU majority. within the absence of a moment referendum, one can't understand what the British citizens relatively desires. either the Brexit choice and new President of the USA Donald Trump's method of eu disintegration dynamics additionally increase severe questions about the way forward for transatlantic relations.

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