1. 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