Brexit – Multilevel Analysis of Possible Consequences Cover Image

Brexit – analiza wielopłaszczyznowa możliwych skutków
Brexit – Multilevel Analysis of Possible Consequences

Author(s): Katarzyna Żukrowska
Subject(s): Politics, Supranational / Global Economy, International relations/trade, EU-Accession / EU-DEvelopment, Fiscal Politics / Budgeting
Published by: Oficyna Wydawnicza KA AFM
Keywords: Brexit;costs of Brexit;benefits of Brexit;balance;budget general of the EU;freedom of trade;

Summary/Abstract: The article argues that consequence of Brexit bring specific costs for both of the partners: EU as well as the United Kingdom. Nevertheless, the procedure of Brexit brings about also some positive aspects. The procedure itself points at the fact how European integration is important for the economy and development of each member state. The procedure helps to restructure the future Multiannual Financial Framework after 2020, it also shows that it is easier to negotiate conditions of trade being represented by the Commission than doing it individually in relations between two states. Separate problem is ascribed to deterrence of applying similar ideas in states, which had followed some of the Brexit visions and mobilized by them politically some of the citizens (Denmark, Finland, France, Greece, Germany, Hungary, Italy and Poland). All such conclusions can be drawn while discussing the process, which prolongs and it is impossible to guess how fi nally it will end for the UK as well for the EU as far as their mutual economic relations are concerned. It is still possible to withdraw from the article 50 of the treaty, it is possible to accept the negotiated conditions of the withdrawal treaty or to leave the EU without an agreement. Still all mentioned solutions are possible and can be applied. The choice of one of them is a big unknown. Lack of the Brexit agreement will cause big costs for both of the partners: the EU and the UK.

  • Issue Year: XVI/2019
  • Issue No: 1
  • Page Range: 11-30
  • Page Count: 20
  • Language: Polish