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Economic Consequences of BREXIT after the British Referendum

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  • Cristian PÄ‚UN

    (Bucharest University of Economic Studies)

Abstract

The European Union project is strongly challenged today by the historical decision of United Kingdom’s citizens to exit from this structure, with all consequences assumed. United Kingdom will be the first nation that will quit this ambitious initiative and the decision is transmitted by the organized national referendum’s results in this respect. The population’s opinion expressed by a huge number of voting persons should be taken into consideration by British politicians and transposed very soon into political actions that could have a strong and clear economic impact on both sides. This paper will discuss the possible economic consequences of such historical decision, including potential effects on a small country like Romania.

Suggested Citation

  • Cristian PÄ‚UN, 2016. "Economic Consequences of BREXIT after the British Referendum," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 4(2), pages 307-316, June.
  • Handle: RePEc:nup:jrmdke:v:4:y:2016:i:2:p:307-316
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    References listed on IDEAS

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    1. Aleksandra Nacewska-Twardowska, 2014. "The evolution of European Union Preferential Trade Agreements," International Economics, University of Lodz, Faculty of Economics and Sociology, issue 8, pages 209-220, December.
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