Search

Begin New Search Topic Brexit Political Geography Britain Publication Year within 10 Years

1. Britain, Germany, and the Rise of Competitive Virtue Signaling

Author:
Roderick Parkes
Publication Date:
01-2022
Content Type:
Policy Brief
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
In 2016, British and German officials were clear: they wanted quickly to put Brexit behind them and cooperate on big ticket items like the international rule of law. Now, in 2022, the pair in fact seem to be competing more than they cooperate. Germany wants to shine in comparison with Britain, and the UK sees advantages for its own standing if Germany falls short. This “competitive virtue signaling” defines Germany and the UK’s post-Brexit rivalry, and – oddly – might lead to tighter relations.
Topic:
European Union, Brexit, Rivalry, Cooperation, and Competition
Political Geography:
Britain, Europe, and Germany

2. Labor Market Impact of Immigration in the European Union

Author:
Dong-Hee Joe
Publication Date:
04-2021
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
Immigration is one of the factors often considered as the causes of Brexit. Researchers find evidences that regions with more immigrants from the new member states of the European Union (EU hereinafter) in eastern Europe tended to vote more in favor of Brexit in the 2016 referendum. Similar relations between the size of immigrant population and anti-immigration attitudes or far-right voting are found in other richer EU member states. A common explanation for this relation is the concern that immigrants negatively affect the outcome in the host labor market. Immigration is drawing attention in Korea too. Although immigrants' share in population is still substantially smaller in Korea than in the EU, its increase is noticeable. Also, certain industries in Korea are known to be already heavily reliant on immigrant labor. Recently, as entry into the country was tightened due to the COVID-19 pandemic, firms and farms are reported to have faced a disruption in production. This trend of increasing presence of immigrants in population and in the labor market, vis-à-vis the low fertility rate and rapid aging in Korea, is raising interest and concern on the socioeconomic impact of immigration. To offer some reference for the debates related to immigration in Korea, KIEP researchers (Joe et al. 2020 and Joe and Moon 2021) look at the EU, where immigrants' presence was much higher from much earlier on, and where the greater heterogeneity among the immigrants allows for richer analyses. This World Economy Brief presents some of their findings that are salient for Korea.
Topic:
Immigration, European Union, Brexit, and Labor Market
Political Geography:
Britain, Europe, Asia, and Korea

3. Gauging the Gravity of the Situation: The Use and Abuse of Expertise in Estimating the Economic Costs of Brexit

Author:
Christoph Semken and Colin Hay
Publication Date:
12-2021
Content Type:
Working Paper
Institution:
Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo)
Abstract:
HM Treasury’s estimation of the economic consequences of Brexit – using standard macroeconomic models – during the EU referendum campaign represents a remarkable intervention in a highly politicized public debate. It raises a series of questions about the use of economic expertise. Through a detailed theoretical and empirical critique of the Treasury’s methodology – and a reassessment of the likely effects of Brexit in light of this – we cast doubt on the utility of their approach, highlighting methodological issues, unrealistic assumptions, and misrepresentations of established facts. In the process we seek to identify some of the wider implications for the use and potential abuse of economic expertise in highly charged political contexts, such as the EU referendum debate.
Topic:
European Union, Economy, Brexit, and Methodology
Political Geography:
Britain and Europe

4. The implications of a no-deal Brexit for the EU

Author:
Jannike Wachowiak
Publication Date:
10-2020
Content Type:
Working Paper
Institution:
European Policy Centre (EPC)
Abstract:
As the end of the transition period nears, the EU must prepare for a fundamentally different and more conflictual relationship with the UK. Whatever the outcome of the Brexit negotiations, there will be profound economic, political and geopolitical implications for the EU. While the EU as a whole might be better placed than the UK to absorb the economic shock of a no-deal, the fallout within the EU will be uneven, resulting in winners and losers. The asymmetrical impact and differential capacity and willingness of national governments to mitigate the shock could exacerbate regional disparities and unbalance the EU’s internal level playing field. As such, it might become more difficult to maintain the same level of EU unity post-no-deal.
Topic:
Diplomacy, Treaties and Agreements, European Union, and Brexit
Political Geography:
Britain and Europe

5. Brexit and the British in Spain

Author:
Karen O'Reilly
Publication Date:
03-2020
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
This report is based on findings from the BrExpats research project, funded by the Economic and Social Research Council through UK in a Changing Europe Initiative (Grant Number ES/R000875/1). This was a longitudinal study of Brexit and its implications for UK nationals living in other European Union member states. From May 2017 until January 2020, the project team tracked the Brexit negotiations and what they mean for the political rights, social and financial entitlements, identity, citizenship and belonging of Britons living in the EU-27. In particular, the project team documented how the protracted uncertainties about what Brexit means for citizens’ rights—the rights and entitlements derived from exercising Freedom of Movement—were experienced by UK nationals living across the EU-27, and with what consequences for their ongoing emotional and practical choices.
Topic:
European Union, Brexit, Negotiation, and Public Policy
Political Geography:
Britain, United Kingdom, Europe, and Spain

6. Brexit and the British in France

Author:
Michaela Benson
Publication Date:
03-2020
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
This report is based on findings from the BrExpats research project, funded by the Economic and Social Research Council through the UK in a Changing Europe Initiative. This was a longitudinal study of Brexit and its implications for UK nationals living in other European Union member states. From May 2017 until January 2020, the project team tracked the Brexit negotiations and what they mean for the political rights, social and financial entitlements, identity, citizenship and belonging of Britons living in the EU-27. In particular, the project team documented how the protracted uncertainties about what Brexit means for citizens’ rights—the rights and entitlements derived from exercising Freedom of Movement—were experienced by UK nationals living across the EU-27, and with what consequences for their ongoing emotional and practical choices.
Topic:
Treaties and Agreements, European Union, Brexit, and Freedom of Movement
Political Geography:
Britain, Europe, and France

7. The Brexit referendum and the rise in hate crime; conforming to the new norm

Author:
Facundo Albornoz, Jake Bradley, and Silvia Sonderegger
Publication Date:
06-2020
Content Type:
Working Paper
Institution:
Nottingham Interdisciplinary Centre for Economic and Political Research (NICEP)
Abstract:
We show that the sharp increase in hate crime following the Brexit referendum was more pronounced in more pro-remain areas. This is consistent with a model where behavior is dictated by the desire to conform to imperfectly observed social norms in addition to following individual preferences, and where the referendum revealed that society’s real preferences over immigration were less positive than previously thought. For identification, we exploit the feature that the referendum revealed new information overnight in a context where other determinants of attitudes remained constant. The data can be replicated with a sensible parameterization of the model.
Topic:
Immigration, Public Opinion, Brexit, and Discrimination
Political Geography:
Britain and United Kingdom

8. The Geopolitics of Post-Brexit Britain

Author:
Geoffrey Sloan
Publication Date:
06-2020
Content Type:
Commentary and Analysis
Institution:
Foreign Policy Research Institute
Abstract:
This essay draws on the author’s previous work, specifically: The Geopolitics of Anglo-Irish Relations in the 20th Century. The greatest failure of the European referendum campaign in 2016, which can be attributed to both sides, was the inability to articulate an understanding of Britain’s geopolitical relationship to Europe. By geopolitics, I do not mean its current usage: interpreted merely as a synonym for international strategic rivalry. I refer, instead, to classical geopolitics, which is a confluence of three subjects: geography, history, and strategy. It draws attention to certain geographical patterns of political history. It fuses spatial relationships and historical causation. It can produce explanations that suggest the contemporary and future political relevance of various geographical configurations.
Topic:
Foreign Policy, Geopolitics, and Brexit
Political Geography:
Britain and Europe

9. Britain’s Reckoning with the Future

Author:
Roderick Parkes
Publication Date:
09-2020
Content Type:
Commentary and Analysis
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
Brexit talks have entered extra time. If the UK is to leave the EU in an orderly manner, it needs a deal in the next four weeks. The trouble is that, as the prospect of leaving becomes more concrete, the government has finally recognized that it needs to honor the promises it has made to voters. Prime Minister Boris Johnson is struggling to reconcile his vague pledges with real world constraints – both internationally and domestically.
Topic:
Politics, European Union, Brexit, Negotiation, and Boris Johnson
Political Geography:
Britain and Europe

10. Avoiding “Cuba-sur-Calais” and Other Misadventures on Brexit Island

Author:
Roderick Parkes
Publication Date:
11-2020
Content Type:
Commentary and Analysis
Institution:
German Council on Foreign Relations (DGAP)
Abstract:
British political institutions have shown resilience during the Brexit crisis. London apparently believes it has the scope to put EU talks behind it and recalibrate its position in the world. The British government is carrying out an integrated review of defense, aid, and foreign policy and preparing its presidency of the COP26 climate talks and G7. By contrast, its neighbors are gripped by the notion of Britain’s further constitutional deterioration. Their perceptions could well become self-fulfilling.
Topic:
Foreign Policy, Defense Policy, Climate Change, Politics, Brexit, and Negotiation
Political Geography:
Britain and Europe

11. Britain's No-Deal Debacle? The Costs at Home and Likely Setbacks Abroad

Author:
John Ryan
Publication Date:
10-2020
Content Type:
Working Paper
Institution:
LSE IDEAS
Abstract:
For much of the past four years, and increasingly in the past few months, the United Kingdom has drifted in the direction of a No-Deal Brexit. In this Strategic Update, John Ryan explores the economic and political consequences for the United Kingdom of such a situation, as well as the domestic factors in Ireland and the United States that may provide unanticipated problems for the Johnson government.
Topic:
Economics, Government, Politics, Brexit, and Trade
Political Geography:
Britain, United Kingdom, Europe, Ireland, and United States of America

12. The Global Impact of Brexit Uncertainty

Author:
Tarek A. Hassan, Laurence van Lent, Stephan Hollander, and Ahmed Tahoun
Publication Date:
01-2019
Content Type:
Working Paper
Institution:
Institute for New Economic Thinking (INET)
Abstract:
Using tools from computational linguistics, we construct new measures of the impact of Brexit on listed firms in the United States and around the world: the share of discussions in quarterly earnings conference calls on costs, benefits, and risks associated with the UK’s intention to leave the EU. Using this approach, we identify which firms expect to gain or lose from Brexit and which are most affected by Brexit uncertainty. We then estimate the effects of these different kinds of Brexit exposure on firm-level outcomes. We find that concerns about Brexit-related uncertainty extend far beyond British or even European firms. US and international firms most exposed to Brexit uncertainty have lost a substantial fraction of their market value and have reduced hiring and investment. In addition to Brexit uncertainty (the second moment), we find that international firms overwhelmingly expect negative direct effects of Brexit (the first moment), should it come to pass. Most prominently, firms expect difficulties resulting from regulatory divergence, reduced labor mobility, trade access, and the costs of adjusting their operations post-Brexit. Consistent with the predictions of canonical theory, this negative sentiment is recognized and priced in stock markets but has not yet had significant effects on firm actions.
Topic:
Economics, Political Economy, Regional Cooperation, Brexit, Global Political Economy, and Economic Policy
Political Geography:
Britain, United States, United Kingdom, Europe, and European Union

13. The EU should prepare for all UK post-election scenarios

Author:
Larissa Brunner
Publication Date:
12-2019
Content Type:
Policy Brief
Institution:
European Policy Centre (EPC)
Abstract:
With the UK elections imminent, Larissa Brunner lays out three different scenarios depending on the outcome. None offer any reason for the EU to be optimistic. If the Conservatives win, the Withdrawal Agreement will probably be passed, providing short-term predictability and certainty. But any long-term deal will probably be much worse than the status quo. A Labour victory would mean the opposite: further short-term uncertainty until the new government has renegotiated another Brexit deal and held a second referendum, but a possible closer relationship in the long run (assuming the Leave vote is confirmed). A hung Parliament would combine the worst of both worlds. And then there’s the Scottish question. Regardless of whether the new government needs SNP support or not, the political pressure on London to endorse a second independence vote is likely to increase. The EU should, therefore, not take its eye off the ball and use the current respite in the Brexit process to prepare itself for all of the possible post-election scenarios.
Topic:
Elections, European Union, and Brexit
Political Geography:
Britain, United Kingdom, Europe, and Scotland

14. Brexit: Everyone Loses, but Britain Loses the Most

Author:
Maria C. Latorre, Zoryana Olekseyuk, Hidemichi Yonezawa, and Sherman Robinson
Publication Date:
03-2019
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics
Abstract:
This paper examines 12 economic simulation models that estimate the impact of Brexit (Britain’s exit from the European Union). Most of the studies find adverse effects for the United Kingdom (UK) and the EU-27. The UK’s GDP losses from a hard Brexit (reversion to World Trade Organization rules due to a lack of UK-EU agreement) range from –1.2 to –4.5 percent in most of the models analyzed. A soft Brexit (e.g., Norway arrangement, which seems in line with the nonbinding text of the political declaration of November 14, 2018, on the future EU-UK relationship) has about half the negative impact of a hard Brexit. Only two of the models derive gains for the UK after Brexit because they are based on unrealistic assumptions. The authors analyze more deeply a computable general equilibrium model that includes productivity and firm selection effects within manufacturing sectors and operations of foreign multinationals in services. Based on this latest model, they explain the likely economic impact of Brexit on a wide range of macroeconomic variables, namely GDP, wages, private consumption, capital remuneration, aggregate exports, aggregate imports, and the consumer price index.
Topic:
Economics, World Trade Organization, Brexit, and Multinational Corporations
Political Geography:
Britain, Europe, and European Union

15. How can the NHS recruit and retain migrant nurses after Brexit?

Author:
Georgia Spiliopoulos and Stephen Timmons
Publication Date:
06-2019
Content Type:
Policy Brief
Institution:
Asia Research Institute, University of Nottingham
Abstract:
Non-British nurses working for the National Health Service (NHS) face a number of challenges, which must be addressed in the context of ongoing Brexit negotiations. Since the 2016 Referendum result to leave the European Union (EU), the number of EU nurses registering with the Nursing and Midwifery Council (NMC) plummeted in 2017 by 96% – from 1,304 EU nurses registering with the NMC in July 2016 to just 46 in April 2017 (Siddique, 2017). This drop in numbers is also linked with the number of EU nurses leaving the UK (Matthews-King, 2017). A recent NMC report (2019) published a 1% increase, for the first time in three years, in the number of new nurse registrants, for the period between April 2018 and March 2019. This increase translates into 6,000 nurses from the UK, EU and overseas. These numbers, while encouraging, reflect the changes in international recruitment from EU and non-EU countries, and importantly the impact of Brexit on the retention of both EU and non-EU nurses. This paper recommends measures to support the retention of these nurses.
Topic:
Health, Health Care Policy, Brexit, and Public Health
Political Geography:
Britain, United Kingdom, and Asia

16. How can the NHS recruit and retain migrant nurses after Brexit?: Background Report

Author:
Georgia Spiliopoulos and Stephen Timmons
Publication Date:
06-2019
Content Type:
Special Report
Institution:
Asia Research Institute, University of Nottingham
Abstract:
The UK Referendum decision to leave the European Union in June 2016 exacerbated some of the long-standing challenges the National Health Service (NHS) has been facing in recruiting and retaining nursing staff. In 2018, it was estimated that one in eight posts was vacant, which translates into 36,000 nursing vacancies (King’s Fund, 2018). Arguably, these challenges have been present since the founding of the NHS in 1948. Pre-established initiatives recruiting overseas nurses to deal with acute staffing shortages during the war effort, mainly from the Commonwealth, were also adopted by the NHS. Hence, the Nurses’ Act of 1949 relaxed the criteria for the registration of overseas nurses set up by the General Nursing Council (Solano and Rafferty, 2007). Therefore, we can trace historical developments in recruiting non-UK nurses, which reflect changing state regulations over time, connected to particular political and financial factors, xenophobic rhetoric and also problems in retaining British nursing staff (Bach, 2007; Ball, 2004; Cangiano et al, 2009; Simpkin and Mossialos, 2017; Solano and Rafferty, 2007). In the 1950s, for example, significant numbers of overseas nurses entered the UK as trainees, while an even higher number of British nurses emigrated abroad, fuelling concerns over training of overseas nurses but also bringing to the forefront anxieties over race (Solano and Rafferty, 2007). An illustrative example of political will influencing recruitment of overseas nurses was seen in New Labour’s push for a ‘modernization agenda’ in the late 1990s and subsequently, a push for international recruitment (Deeming, 2004). However, aggressive recruitment initiatives targeting nursing staff from developing countries such as Zimbabwe, Kenya and Zambia, led to the introduction of the NHS ‘Code of Practice’ on ethical recruitment in 2001 (Deeming, 2004), with calls for overseas recruitment to focus mainly on pre-existing agreements with countries such as the Philippines and India (Buchan, 2006).
Topic:
Health, Health Care Policy, Brexit, and Public Policy
Political Geography:
Britain, United Kingdom, and Asia

17. The risk to biodiversity along China's Belt and Road Initiative (BRI)

Author:
Alex Lechner, Hoong Chen Teo, and Ahimsa Campos-Arceiz
Publication Date:
06-2019
Content Type:
Policy Brief
Institution:
Asia Research Institute, University of Nottingham
Abstract:
The Belt and Road Initiative (BRI) poses a great risk to biodiversity, particularly as many of the infrastructure projects are due to take place in regions that are home to threatened and endangered species found nowhere else in the world. This policy brief makes recommendations for the UK government to develop a BRI Biodiversity Strategy.
Topic:
Environment, Brexit, Belt and Road Initiative (BRI), and Ecology
Political Geography:
Britain and China

18. The role of Chinese finance in the City of London after Brexit

Author:
Sarah Hall
Publication Date:
06-2019
Content Type:
Policy Brief
Institution:
Asia Research Institute, University of Nottingham
Abstract:
London is the largest western financial centre for financial transactions denominated in Renminbi (RMB) and has played an important role in shaping the rapid and recent internationalisation of Chinese finance. This policy brief discusses how to maintain this leading role post-Brexit.
Topic:
Economics, International Political Economy, Finance, Brexit, and Financial Institutions
Political Geography:
Britain, China, and United Kingdom

19. The United Kingdom's Belt and Road Initiative strategy after Brexit

Author:
Benjamin Barton
Publication Date:
06-2019
Content Type:
Policy Brief
Institution:
Asia Research Institute, University of Nottingham
Abstract:
As China’s President Xi Jinping’s signature foreign policy programme, the Belt and Road Initiative (BRI) has become one of the world’s most active infrastructure development drivers. The BRI is helping to meet the increasing demand for infrastructure development in emerging markets across the world. This policy is unlikely to change due to the importance that the Chinese government attributes to the BRI, with it now being formally enshrined into the Chinese Communist Party (CCP) constitution. For the UK, the BRI stakes are high; it matters both domestically and internationally. It is impacting the wellbeing of countries that are of strategic importance to the UK. It also contributes to the emerging geopolitical rivalry on infrastructure financing. The government should explore bilateral and multilateral venues to seek to cooperate with China on the BRI by developing a UK BRI strategy post-Brexit.
Topic:
Development, Bilateral Relations, Infrastructure, Geopolitics, Brexit, Multilateralism, Belt and Road Initiative (BRI), and Economic Cooperation
Political Geography:
Britain, China, United Kingdom, and Asia

20. Brexit: the manifestos uncovered

Author:
Anand Menon
Publication Date:
12-2019
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
This is, according to several of the parties and at least one national broadcaster, a Brexit election. Assuming this is wholly – or even partially (as even Labour accept in their manifesto) – true, what the parties are saying about Brexit is therefore of crucial importance. This report represents our attempt to identify what they say, to compare the different pledges the parties make and to explain in straightforward terms what each of them is offering on Brexit. Our aim, simply stated, is to promote understanding so people can make up their own minds. Once again, we have been fortunate enough to be able to draw on the expertise of some of the country’s leading social scientists. Catherine Barnard, Matt Bevington, Charlotte Burns, Katy Hayward, Nicola McEwen, Jonathan Portes, Jill Rutter and Dan Wincott all contributed to this report. Alan Wager and John-Paul Salter edited the text. We hope you find what follows enlightening and informative. Election campaigns produce endless amounts of heat. We have attempted in what follows to shed at least a little light.
Topic:
Politics, Elections, European Union, Brexit, and Society
Political Geography:
Britain, United Kingdom, and Europe

21. Brexit, British people of colour in the EU-27 and everyday racism in Britain and Europe

Author:
Michaela Benson
Publication Date:
04-2019
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
This paper foregrounds an understanding of Brexit as unexceptional, as business as usual in Britain and Europe. It reports on original empirical research with British People of Colour who have settled elsewhere in Europe, to bring into view an original perspective to understandings of what Brexit means to Britons living in Europe, and to consider what these testimonies offer to emerging social science research on Brexit. The authors argue, focussing on the testimonies of British People of Colour living in the EU-27 offers a unique lens into how Brexit is caught up in everyday racism, personal experiences of racialization and racial violence, and longer European histories of racialization and racism. Importantly, these experiences precede and succeed Brexit, taking place in both Britain and other European Union countries.
Topic:
Politics, Brexit, Society, and Racism
Political Geography:
Britain, United Kingdom, and Europe

22. Naturalisation and (dis)integration for Euro families in Brexiting Britain

Author:
Nando Sigona
Publication Date:
06-2019
Content Type:
Special Report
Institution:
UK in a Changing Europe, King's College London
Abstract:
The share of applications for naturalization by EU27 residents in the UK has increased from 5% in 2007 to 26% in 2017. More than 80,000 EU residents have applied for naturalization since the EU referendum. Many more are still uncertain on their legal status and ponder their options. Attitudes towards naturalization vary significantly among EU nationals, with more well off and educated EU nationals and EU14 citizens displaying more resistance to apply to become British on moral and political grounds. Others, instead, take a more pragmatic approach to acquiring a British passport.
Topic:
European Union, Naturalization, and Brexit
Political Geography:
Britain and Europe

23. High Hopes, Long Odds: On the False Promises of Brexiteer Deals with the EU and US

Author:
John Ryan, Gabriel Felbermayr, Clemens Fuest, Jasmin Katrin Gröschl, and Daniel Stöhlker
Publication Date:
12-2019
Content Type:
Special Report
Institution:
LSE IDEAS
Abstract:
This report explores a No-Deal Brexit which would leave the UK economically, politically and diplomatically weakened and isolated. It further examines the relationships with its two main allies - the European Union and the United States - which would become more difficult and complicated.
Topic:
Diplomacy, Politics, Treaties and Agreements, European Union, and Brexit
Political Geography:
Britain, Europe, and United States of America

24. What’s next after Theresa May’s spectacular own goal?

Author:
Michael Emerson
Publication Date:
06-2017
Content Type:
Commentary and Analysis
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
This was meant to be a Brexit election to strengthen the Prime Minister’s hand. The result was precisely the opposite. Her management of the Brexit process has become a long sequence of own goals: quit the customs union and single market; watch EU agencies relocate to the continent, including importantly for medicines and banking; banking jobs begin to relocate; science, research and academia see their interests harmed; the budget settlement prospect becomes a big new negative; the Irish border question threatens; immigration from the EU is already declining and various sectors from fruit-picking to the national health service are at risk. Moreover, the UK’s economic growth has slowed down and is now forecast to drop to 1% in 2018; the pound has lost 13% since the referendum; inflation is up; and consumer spending is down. The only solace available to Mrs May is that the Scots seem to be having second thoughts about independence. But this election was her biggest own goal yet. The credibility of her Brexit negotiation method is shattered. She thought the British people could be satisfied with slogans about “Brexit means Brexit”, or “getting the best deal for Britain”, and the now notorious “no deal is better than a bad deal”. Above all there was the failure to define and communicate a credible negotiation strategy. The Brexit White Paper of February 2017 contained serious contradictions, insisting that the UK should get ‘seamless’ market access while still leaving the customs union and the single market.
Topic:
International Affairs, Political stability, Europe Union, and Brexit
Political Geography:
Britain

25. Brexit and the European financial system

Author:
Uuriintuya Batsaikhan, Robert Kalcik, and Dirk Schoenmaker
Publication Date:
02-2017
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
London is an international financial centre, serving European and global clients. A hard Brexit would lead to a partial migration of financial firms from London to the EU27 (EU minus UK) to ensure they can continue to serve their EU27 clients. Four major cities will host most of the new EU27 wholesale markets: Frankfurt, Paris, Dublin and Amsterdam. These cities have far fewer people employed in finance than London. Moreover, they host the European headquarters of fewer large companies. The partial migra- tion of financial firms will thus have a major impact on these cities and their infrastructures. Banks are the key players in wholesale markets. United States and Swiss investment banks, together with one large German and three large French banks, will make up the core of the new EU27 wholesale markets. Some Dutch, Italian and Spanish banks are in the second tier. The forex, securities and derivatives trading markets are now in London. We map the current, limited market share of the four major cities that might host the EU27 client business. The expected migration of financial trading will lead to a large increase in trading capacity (eg bank trading floors). Clearing is the backbone of modern financial markets. A comparative overview of clearing facilities in the EU27 shows that Germany and France have some clearing capacity, but this will need to be expanded. The ownership of clearing is often intertwined with stock exchanges. Were the planned LSE-Deutsche Börse merger to go ahead, LSE would sell the Paris subsidiary of its clearinghouse. In terms of legal systems, there is an expectation that trading activities will be able to continue under English contract law, also in the EU27. A particular challenge is to develop FinTech (financial technology) in the EU27, as this innovative part of the market is currently based in London. We estimate that some 30,000 jobs might move from London to the EU27. This will put pressure on the facilities (infrastructure, offices, residential housing) in the recipient cities. The more the European Union market for financial services is integrated, the less need there will be for financial firms to move to one location, reducing the pressure for all facilities to be in one city (see Sapir et al, 2017, which is a companion piece to this paper).
Topic:
International Political Economy, International Trade and Finance, and Brexit
Political Geography:
Britain and Europe

26. Making the best of Brexit for the EU27 financial system

Author:
Andre Sapir, Dirk Schoenmaker, and Nicolas Veron
Publication Date:
02-2017
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
The United Kingdom’s exit from the European Union creates an opportunity for the remaining EU27 to accelerate the development of its financial markets and to increase its resilience against shocks. Equally, Brexit involves risks for market integrity and stability, because the EU including the UK has been crucially dependent on the Bank of England and the UK Financial Conduct Authority for oversight of its wholesale markets. Without the UK, the EU27 must swiftly upgrade its capacity to ensure market integrity and financial stability. Furthermore, losing even partial access to the efficient London financial centre could entail a loss of efficiency for the EU27 economy, especially if financial developments inside the EU27 remain limited and uneven.
Topic:
Economics, International Political Economy, International Trade and Finance, Political stability, and Brexit
Political Geography:
Britain and Europe

27. Journal of Public and International Affairs 2017

Author:
Bethany Atkins, Trevor Pierce, Valentina Baiamonte, Chiara Redaelli, Hal Brewster, Vivian Chang, Lindsay Holcomb, Sarah Lohschelder, Nicolas Pose, Stephen Reimer, Namitha Sadanand, and Eustace Uzor
Publication Date:
05-2017
Content Type:
Journal Article
Journal:
Journal of Public and International Affairs (JPIA)
Institution:
School of Public and International Affairs (SPIA), Princeton University
Abstract:
From the United States to the Switzerland, this year’s Journal draws on a diverse range of authors’ experiences and studies to analyze a varied—yet timely—set of current issues. By spotlighting topics such as climate change, voting rights, and gender issues, JPIA contributes to the debates that are occurring today. The strong use of quantitative analysis and in-depth study of resources ensures that this year’s Journal adds a select perspective to the debate that hopefully policymakers will find useful and actionable.
Topic:
Security, Climate Change, Development, Narcotics Trafficking, Law, Prisons/Penal Systems, Elections, Women, Brexit, Multilateralism, Private Sector, Carbon Tax, Carbon Emissions, and Gerrymandering
Political Geography:
Britain, Afghanistan, Africa, China, South Asia, Central Asia, Asia, and Nigeria

28. Brexit, the EU and Strategic Uncertainties: Short, Medium and Long Term Implications for Sub-Saharan Africa

Author:
Yoslán Silverio González
Publication Date:
06-2017
Content Type:
Journal Article
Journal:
Brazilian Journal of African Studies
Institution:
Brazilian Journal of African Studies
Abstract:
The European Union (EU) has been a fundamental actor in the economic and political relations with the African countries. EU’s foreign policy towards Africa has been particularly affected by French and British colonial past. The history of the economic relations between the European Economic Community (EEC) and the African continent has been shaped by a series of multilateral agreements – the Yaoundé Conventions, adopted under French influence, and the Lomé Conventions, starting on 1975 –, and, with the entry of the UK in the EEC (1973), the community had to renegotiate the ancient commercial agreements to incorporate the former British territories as “beneficiaries” of these agreements
Topic:
International Relations, Foreign Policy, Treaties and Agreements, European Union, Economy, Brexit, and Trade
Political Geography:
Britain, Africa, and Europe

29. Federal election in Germany: Continuation of CDU’s dominance at the helm of Europe’s biggest power?

Author:
Krševan Antun Dujmović
Publication Date:
06-2017
Content Type:
Working Paper
Institution:
Institute for Development and International Relations (IRMO)
Abstract:
Over the course of past twelve months, Europe was holding its breath in a couple of nerve wrecking moments that were to decide the destiny of the European Union (EU). Indeed, in June last year the British cast their votes for the unimaginable and decided that the United Kingdom (UK) should leave the EU. Shockwaves battered the woozy continent sprawling from over the other side of the English Channel, and it was the President of the European Parliament, incumbent German SPD leader Martin Schulz who exclaimed in the wake of the Brexit vote that the UK should exit the EU as quickly as possible. Just four months later Europe experienced another shockwave, this time propelled from the other side of the Atlantic, as the Americans voted for Donald Trump, who was in support of Brexit during his campaign, advocating overtly against the European integration and even renouncing the fundament of Trans-Atlantic integration - NATO. The beginning of 2017 set a murky atmosphere as the EU started to brace itself for another big test in France. The victory of Emmanuel Macron in May meant that the EU would survive, albeit crippled as the Britons lead by Theresa May continued relentlessly their divorce with Europe by triggering the Article 50 in March. With the British already one foot out, and the French �irmly in the Union, the attention of the European public is shifting more to Germany which will hold the federal election on September 24th this year. After the disappointing break away decision in Britain, some Europeans seem to invoke a renewed Franco-German axis as the power engine of European integration. Since the great economic depression swept Europe like a contagion in 2008, Germany has been the best performing European economy, and German Chancellor Angela Merkel was perceived as the “savior of Europe”. Due to these facts, it is no wonder that all of Europe eagerly expects the outcome of the German federal election which will largely determine the fate of the continent.
Topic:
Elections, European Union, and Brexit
Political Geography:
Britain, Europe, France, Germany, and Western Europe

30. Britain After Brexit: A Nation Divided

Author:
Robert Ford and Matthew Goodwin
Publication Date:
01-2017
Content Type:
Journal Article
Journal:
Journal of Democracy
Institution:
National Endowment for Democracy
Abstract:
On 23 June 2016, the United Kingdom voted by a 52 to 48 margin to leave the European Union. The result of the EU referendum was the latest and most dramatic expression of long-term social changes that have been silently reshaping public opinion, political behavior, and party competition in Britain and Western democracies. In this essay, we consider the underlying social and attitudinal shifts that made “Brexit” and the rise to prominence of the populist, right-wing U.K. Independence Party (UKIP) possible. Finally, we consider what these momentous developments reveal about the state of British politics and society.
Topic:
Nationalism, Regional Cooperation, European Union, and Brexit
Political Geography:
Britain, United Kingdom, and Europe

31. Brexit and the Shifting Pillars of NATO

Author:
Julian Lindley-French
Publication Date:
11-2017
Content Type:
Working Paper
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
Will Britain’s departure from the EU lead to the creation of an Anglosphere and a Eurosphere within NATO? Unfortunately, there are a range of challenges to such a formulation. First, if the EU continues to drive a hard post-Brexit relationship with the British, it may be increasingly difficult for any government in London to convince the British people that other Europeans are worth defending. Second, would the United States, Canada and others entertain such an idea? Third, France is not going to abandon its strategic relationship with Britain – Brexit or no Brexit. Fourth, there will be a Brexit deal and Britain will remain a key factor in European defence. Fifth, “events, dear boy, events!” However, Brexit or no Brexit, NATO’s pillars are shifting. The United States will demand more of its allies if Washington is to maintain a credible security and defence guarantee for Europe. The changing nature of conflict will tend to emphasize intelligence and power projection, both of which play to Britain’s residual strengths. Canada? It is hard for an outsider to discern Canadian defence policy, other than bumbling along in strategic suburbia with the desire to be seen as the good neighbour. This is a mistake. NATO’s shifting pillars will have profound implications for Canadian security and defence policy. A formal Anglosphere and Eurosphere within NATO? Most likely not. A U.S.-sphere and German-sphere? Quite possibly, but don’t mention it in polite company. Canada? Who knows?
Topic:
Security, Defense Policy, NATO, Brexit, and Alliance
Political Geography:
Britain, Europe, Canada, and North America

32. Brexit: What Happens Next?

Author:
Tim Oliver
Publication Date:
06-2016
Content Type:
Commentary and Analysis
Institution:
LSE IDEAS
Abstract:
A British withdrawal from the EU would be a process not an event. This Strategic Update sets out the nine overlapping series of negotiations that would be triggered and the positions the 27 remaining EU countries and the EU’s institutions would take, gathered from a network of researchers across the continent.
Topic:
Brexit
Political Geography:
Britain and European Union

33. A EU without the UK: The Geopolitics of a British Exit from the EU

Author:
Tim Oliver
Publication Date:
02-2016
Content Type:
Commentary and Analysis
Institution:
LSE IDEAS
Abstract:
A vote by the British people to withdraw from the EU – also known as a ‘Brexit’ – will have significant implications for the EU, the ideas and structures of European integration, and European geopolitics. Opinion polls show that a vote to withdraw is a distinct possibility. The EU, the rest of Europe, allies around the world and the UK itself need to prepare for the wider international implications of such a move. This Strategic Update examines how likely a Brexit is and explores what it could mean for the EU, European integration, and Europe’s economics and security.
Topic:
Geopolitics and Brexit
Political Geography:
Britain and European Union

34. The Dispatch (Spring 2016)

Author:
David J. Bercuson, Jean-Christophe Boucher, J. L. Granatstein, David Carment, Teddy Samy, Paul Dewar, Roy Rempel, Eric Miller, Anthony Cary, Chris Westdal, Rolf Holmboe, Randolf Mank, Marius Grinius, P. Whitney Lackenbauer, and Adam Lajeunesse
Publication Date:
03-2016
Content Type:
Journal Article
Journal:
The Global Exchange
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
The Dispatch (later called The Global Exchange) is the Canadian Global Affairs Institute’s quarterly magazine featuring topical articles written by our fellows and other contributing experts. Each issue contains approximately a dozen articles exploring political and strategic challenges in international affairs and Canadian foreign and defence policy. This Spring 2016 issue includes articles on Canada's international reputation, foreign relations, defense policy and more.
Topic:
International Relations, Security, Defense Policy, Peacekeeping, Cybersecurity, Weapons, Brexit, Nonproliferation, Syrian War, Trans-Pacific Partnership, and Peace
Political Geography:
Britain, Russia, China, Canada, Israel, Asia, North Korea, Syria, North America, and Arctic

35. The Dispatch (Fall 2016)

Author:
David J. Bercuson, Julian Lindley-French, Alan Stephenson, Neil Desai, John Adams, Charity Weeden, Elinor Sloan, Mike Day, Stephen M. Saideman, Kyle Matthews, and David McLaughlin
Publication Date:
09-2016
Content Type:
Journal Article
Journal:
The Global Exchange
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
The Dispatch (later called The Global Exchange) is the Canadian Global Affairs Institute’s quarterly magazine featuring topical articles written by our fellows and other contributing experts. Each issue contains approximately a dozen articles exploring political and strategic challenges in international affairs and Canadian foreign and defence policy. This Fall 2016 issue includes articles on climate change, digital security, Brexit and more.
Topic:
Security, Defense Policy, Climate Change, Diplomacy, Cybersecurity, Brexit, Military Spending, Alliance, and Space
Political Geography:
Britain, Turkey, Canada, North America, and United States of America