The Potential Effects of Brexit on the European Union
Why Did the UK Voters Approve Brexit?
Developing Post-Brexit Trade with the European Union
The Economic and Political Impact of Brexit
The International Implications of Brexit
Should the UK Reconsider Its Brexit Decision?
The Pros and Cons of the Brexit Decision
A. Background and overview
B. Immediate after effect of Brexit vote
C. What the future holds
In June 2016, voters in the United Kingdom approved the so-called “Brexit” referendum, signaling the withdrawal of… Continue Reading...
one of the Union’s key members, Great Britain, to exit the EU in a measure known as Brexit. The resolution was passed by only a slim majority of the British public. Concerns about the stability of the Union as the United Kingdom begins to make its slow break from the fold were heighted recently, according to John Cassidy’s 2018 article in the New Yorker: “Boris Johnson’s Resignation Can’t Disguise the Harsh Reality of Brexit.” Two critical negotiators for Britain, David Davis, the Secretary of State for Exiting the European Union and Foreign Secretary Boris Johnson, resigned from Prime Minister Theresa May’s cabinet, accusing her of allowing for… Continue Reading...
outcomes of what has come to be known as Brexit.
Understanding what is at stake first requires an understanding of where the UK currently sits with regard to trade arrangements. Currently, the UK’s trade relationship with the EU is not supportive of protectionist trade policy. The recent “crisis of legitimization,” however, has led to an increased desire among leaders throughout the world for more protectionist trade stances.[footnoteRef:2] By being part of the EU, England has been able to have direct access to one-third of the world’s largest and most valuable markets and has enjoyed “preferential market access to… Continue Reading...
this discussion, with the context being the article; Financial Firms have Quietly Prepared for Brexit. There said factors are political, social, economic, and legal factors.
This has got to do with the degree (and impact) of government intervention in the economy. In reference to Brexit, the Dec 11 parliamentary decision will impact financial firms and how they conduct business. Although an event of this nature ought to trigger uncertainty in the industry, the article argues that financial firms have been quietly preparing for Brexit. This has been made easy by three key factors that give the said firms an added advantage over other… Continue Reading...
Brexit and British Trade: Advantages and Difficulties
In June 2016, the UK voted to leave the European Union (EU). Commonly called "Brexit," the decision has raised a number of questions regarding Britain's current trading arrangements as well as possibilities and obstacles that await the UK post-EU (Hatzigeorgiou, Lodefalk, 2016). From a trade theory and policy perspective, this paper will assess the UK's current trading arrangements along with the potential advantages and difficulties it will likely face as a result of being outside the EU.
From a mercantilist trade theory perspective,… Continue Reading...
also hampering its very existence.
There are different political factors that have impacted Emirates Airlines.
The decision by Britain to leave the European Union impacted travel across Europe. The voting decision to leave the EU without a doubt had some economic disruption in addition to the effect of the political and economic volatility in the European nations. This political instability resulted in decreasing demand and the decline in demand implies less people consumers travelling on airplanes. Emirates Airlines were amongst those that largely profited from the EU arrangements to open airspace and free movement of persons. Brexit will without a doubt give rise to… Continue Reading...
but suffice to say there is an increased risk in the sterling-euro pairing on account of the uncertainty surrounding the Brexit vote (Chan, 2016).
The first number that has to be calculated is the cost of capital for South Coast. The formula is known as the weighted-average cost of capital. The weighted average cost of capital formula is as follows:
Source: Investopedia (2016, 2)
The market value is typically used to calculate WACC. The market value of the firm's equity is:
3.2 million * £5.56 = £17, 792,000
The market value of the firm's debt is:
7,000,000 * 1.06 = 7,420,000
The total size of the firm is £25,212,000, of… Continue Reading...
Germany's decision to align with the Euro and the European Union has also proved favorable, creating further stability even with the addition of Brexit and other problems in the EU (Bachtler and Turok, 2013). Thanks to such impressive gains, German assumed a main part in the fight against Europe's sovereign debt crisis. To this end Germany has become an advocate of what can be seen as a European banking union that would include policy changes for bank restricting during a time of crisis. The country also wishes to defend its domestic banking system especially concerning special deposit insurance programs of banks like Sparkassen which are state-owned (Kammlott, 2013).
The fiscal policies of Germany… Continue Reading...
on illegal immigration.[footnoteRef:4] Since voters voted for Brexit years ago, there has been a general consensus that the motive was in part related to a desire to separate England from the open borders policy of the EU. By cracking down on immigration, Parliament believed it could potentially satisfy the public and perhaps lessen the demand for a hard or no-deal Brexit. However, what happened was that British citizens ended up being rounded up and deported to a land they had not seen in decades and that some had never seen in their whole lives. It quickly became… Continue Reading...
Euro before Brexit has maintained a higher value than the dollar since its creation. However, post-Brexit it depreciated slightly from 0.9109 and now stands at 0.88260 compared to the U.S. Dollar value of 1, meaning it appreciate in value within the time span of one month. The Australian Dollar has maintained a lower value than the U.S. Dollar. However, in the month of August it hit a dip of 1.29, appreciating in value. The same thing happened to the Canadian Dollar, which has always had lower value than the U.S. dollar but… Continue Reading...
the implications thereof on current transactions.
Changes often occur from outside the economic sphere. For example, Brexit will result in a change to economic conditions. If that in turn results in a change to the course of the business cycle, that would simply be the net result of millions of rational, optimising transactions. When the circumstances change, then economic agents will change their activities in turn.
There is no role for aggregate demand stimulus from government in this view of economics. Business cycles are the result of changes in the external environment, and agents' reactions to those changes. The government is an agent, but where market… Continue Reading...