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Post-Brexit Britain: Its Relations With The Eu And Its Future In The Framework Of Multilateral Institutions


  • Larionova M.

    (Gaidar Institute for Economic Policy)

  • Sakharov A.

    (Gaidar Institute for Economic Policy)

  • Shelepov A.

    (Gaidar Institute for Economic Policy)


In the next two years, the UK will be faced with a complicated geopolitical situation. The relations with its two key partners – the EU and the USA – will be changed. The USA, when dealing with European issues, will begin to rely on Germany rather than on the UK. It will be necessary to negtiate with the EU a new relationship model that will envisage that the UK should not participate in the decision-making process inside the European Union, and should have no internal influence there. Simultaneously, there will be a need for negotiations on new trade agreements with a number of countries that are not EU member states, because the UK, once it has withdrawn from the US, will automatically fi nd itself outside of the international trade agreements concluded on behalf of the EU, including those in the framework of the WTO.

Suggested Citation

  • Larionova M. & Sakharov A. & Shelepov A., 2016. "Post-Brexit Britain: Its Relations With The Eu And Its Future In The Framework Of Multilateral Institutions," Russian Economic Developments, Gaidar Institute for Economic Policy, issue 7, pages 59-63, July.
  • Handle: RePEc:gai:recdev:recdev-2016-7-693

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    More about this item


    Foreign Affairs; Russian Economy;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers


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