Generation Brexit officially launches in six new languages

Today Generation Brexit officially launches in six new languages - German, French, Italian, Spanish, Polish and Greek. With our new language sections, the Generation Brexit project becomes the only pan-European Brexit project of its type. We want to hear from YOU, in your language. After you set up an account (top right side of the page), you can either come ..

The EU deal: expert commentary

The PM has emerged from the European Council summit with a deal. LSE BrexitVote looks at what academic experts and think-tanks are saying about i

The UK renegotiation deal: what’s the verdict?

LSE BrexitVote looks at what academics, think-tanks and commentators are saying about the draft text of the dea

Brexit as constitutional "shock" and its threat to the devolution settlement: reform or bust

The devolution settlement was not designed to withstand such a major shock as Brexit and, furthermore, Brexit has demonstrated key weaknesses in the devolution design (an argument that is even more fundamental for Northern Ireland). This would point to a logical conclusion: to rectify these problems either the devolution design needs to be fundamentally redrawn post- Brexit allowing a distinct Scottish voice to be heard and given force or independence as a solution

Brexit and its Impact on the Pound in the Foreign Exchange Market

In this paper we outline the impact and likely future impact of Brexit on the pound. We argue that Brexit implies a significant depreciation of the pound and the degree of depreciation required is heavily linked to whether there will be a soft or hard Brexit. We find that the pound has had broadly similar depreciations to date against both the dollar and the euro. Brexit has considerably raised UK economic policy uncertainty and this, in turn, has at times led to an significant increase in future implied volatility of the pound. While there is an overall link between the state of the ongoing Brexit negotiations with the European Union and movements in the pound in the foreign exchange market, the link is not especially strong unless the perception that the negotiations are going badly has exceeded 60%

Read our new ebook by the LSE’s Frank Vibert

After promising the British public a referendum on whether to stay in the EU, David Cameron is currently trying to renegotiate the terms of the UK’s membership. His increasingly Eurosceptical party and a press that is often hostile towards the European Union makes the task a particularly challenging one. In this series of five essays, Frank Vibert, a Senior Visiting Fellow in the Department of Government at the London School of Economics and Political Science, draws on his experience as a founder director of the European Policy Forum to analyse the five strands of Cameron’s renegotiation strategy. He concludes that – if he succeeds – the Prime Minister’s approach may lead member states and Brussels institutions to move away from their current strategy of stressing EU citizens’ rights, rather than their consent

The Impact of the UK’s EU Exit on its Attractiveness to FDI and Associated Job Creation Effects. Department for the Economy, March 2019

This study examines possible Brexit effects on the UK’s attractiveness to greenfield foreign direct investment (FDI) and related job creation. Our results indicate that the UK would be less attractive as a location to FDI and would experience a reduction of FDI-related job creation in any of the considered Brexit outcomes. These effects come about through reduced market potential due to lower market size and reduced access to the EU Single Market. The least damaging post-Brexit outcome would be in the case of the UK’s membership in the European Economic Area (EEA) while the most damaging scenario would be the UK leaving the EU without a withdrawal agreement. Our results suggest that to compensate post-Brexit losses in terms of its attractiveness to FDI, the UK’s government could consider a more competitive corporate tax rate or spending more on education

Brexit i jego skutki dla Niemiec z perspektywy ekonomicznej i społecznej

At the end of March 2017, the British government initiated the legal procedure of withdrawal from the EU, beginning the two-year countdown towards Brexit. However, as of August 2019, the final outcome of the Brexit negotiations is still pending. The Brexit uncertainty over the years has had an impact on the UK economy negatively affecting, e.g., its growth. This paper addresses the impact of Brexit, however from the viewpoint of Germany, focusing on the economic and social perspective. For our analyses, we differentiate between the announcement of Brexit and the possible final outcomes of Brexit. From an economic perspective, our analyses focus on the four freedoms of the European Single Market. From a social perspective, our analyses focus on mobility, studying and training in the UK, financial transactions and consumer rights. Using descriptive statistics primarily based on data from Destatis and Eurostat, we expect the following implications. From an economic perspective, we expect negative implications like worsening trade relationship between the UK and Germany affecting jobs, especially in the automotive sector. From a social perspective, we also expect negative implications like increasing travel costs to the UK, increasing mobile phone roaming charges, additional healthcare insurance. Further areas impacted by Brexit may be studying and training in the UK, financial transactions and customers rights.Pod koniec marca 2017 r., rząd brytyjski zainicjował procedurę prawną dotyczącą wystąpienia z Unii Europejskiej, rozpoczynając tym samym dwuletnie odliczanie do Brexitu. Jednakże, biorąc pod uwagę stan na sierpień 2019 r., ostateczny wynik negocjacji, jest nadal w toku. Niepewność wywołana przez Brexit w ciągu ostatnich lat wpływała negatywnie na gospodarkę Wielkiej Brytanii, np. wzrost gospodarczy. Niniejsza praca ukazuje wpływ Brexitu na Niemcy z uwzględnieniem perspektywy ekonomicznej i społecznej. W naszych analizach rozróżniamy między efektami po ogłoszeniu Brexitu, a jego możliwymi skutkami. Uwzględniając perspektywę ekonomiczną, nasze analizy koncentrują się na czterech swobodach rynku wewnętrznego Unii Europejskiej. W perspektywie społecznej, nasze analizy skupiają się na mobilności, studiach i praktykach w Wielkiej Brytanii, transakcjach finansowych oraz prawach konsumentów. Za pomocą statystyk opisowych, bazując głównie na danych z Destatis i Eurostatu, przewidujemy następujące konsekwencje. Biorąc pod uwagę perspektywę ekonomiczną, spodziewamy się negatywnych następstw, takich jak pogorszenie relacji handlowych między Wielką Brytanią a Niemcami, wpływających na zatrudnienie, w szczególności w sektorze motoryzacyjnym. Uwzględniając perspektywę społeczną, spodziewamy się także negatywnych konsekwencji, np. wynikających z podróżowania do Wielkiej Brytanii: rosnących kosztów podróży, opłat roamingowych, dodatkowego ubezpieczenia zdrowotnego. Wśród pozostałych obszarów, na które może wpływać Brexit wskazać należy studia i praktyki w Wielkiej Brytanii, transakcje finansowe oraz prawa konsumentów

The EU’s ‘strategic partnership’ with China in a post-Brexit world:Recalibrating internal dynamics and facing up to external challenges

The UK has played a critical role in shaping EU–China relations. Policymakers need to carefully consider the extent to which Brexit will weaken the EU’s collective power – shifting the balance in China’s favour – and impact prospects for increasing EU involvement in East Asia. Brexit arrives at a moment when negotiations for an ambitious bilateral investment agreement continue – with an eye on an eventual free trade agreement – while EU policymakers increasingly perceive challenges arising from the expansion of China’s global presence, exemplified by the Belt and Road Initiative, the creation of alternative international institutions, and its behaviour in the South China Sea disputes. As both the EU and China emerge as global powers, the significance of their relationship’s trajectory extends beyond bilateral confines. I analyse how the relationship’s contemporary dynamics are playing out and likely to evolve. Assessing the impact of Brexit on the relative power balance, specifically the EU27’s collective economic, military and political power, sets the scene for mapping out the ‘state of play’ in four crucial issue areas, highlighting the UK’s preferences and input. This leads to consideration of how the loss of resources and shifting constellation of preferences among the EU27 could affect the attainment of strategic objectives. I argue that while Brexit does not fundamentally disrupt the EU–China relationship, it will weaken the EU’s capacity to respond to China’s rise and necessitates a recalibration to the new constellation of Member State preferences and reduced resources