IDEAS home Printed from https://ideas.repec.org/a/bpj/glecon/v18y2018i1p17n4.html
   My bibliography  Save this article

The Impact of Brexit on EU27 on Trade, Investments and Financial Services

Author

Listed:
  • Rehman Scheherazade S.

    (The George Washington University, Washington, DC20052, USA)

  • Della Posta Pompeo

    (Economia e Management, Università di Pisa, Via Ridolfi, 10, Pisa, PI56124, Italy)

Abstract

On June 23, 2016, the UK decided to leave the European Union (EU), commonly known as “Brexit”. The UK has two years to conclude their new arrangement with the EU27 after evoking Article 50 Treaty of Lisbon officially, which it did on March 27, 2017. While there is a range of possible trade agreements most are unlikely as they would either imply repudiating firm EU legal principles or strong promises that the current UK government is committed to maintain. The article discusses these options. Moreover, the article focuses on the trade and investment flows between the UK and EU27 and discusses the possible short-term implications of Brexit with a specific attention to the most impacted sector, that of financial services.

Suggested Citation

  • Rehman Scheherazade S. & Della Posta Pompeo, 2018. "The Impact of Brexit on EU27 on Trade, Investments and Financial Services," Global Economy Journal, De Gruyter, vol. 18(1), pages 1-17, March.
  • Handle: RePEc:bpj:glecon:v:18:y:2018:i:1:p:17:n:4
    DOI: 10.1515/gej-2017-0097
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/gej-2017-0097
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

    File URL: https://libkey.io/10.1515/gej-2017-0097?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Guedes, E.F. & Ferreira, Paulo & Dionísio, Andreia & Zebende, G.F., 2019. "An econophysics approach to study the effect of BREXIT referendum on European Union stock markets," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 523(C), pages 1175-1182.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:glecon:v:18:y:2018:i:1:p:17:n:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.