Titlebook: An Accidental Brexit; New EU and Transatla Paul J.J. Welfens Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 Brexit.Politica

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Introduction,y resulting in a Remain majority. In this analysis, the need for the EU to reform if it is to avoid disintegration is highlighted. Can the UK’s Global Britain approach work—particularly as the Trump administration appears intent on undermining multilateralism and international organizations?

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A Sequencing of the Economic Effects of Brexitd (e.g., ASEAN and Mercosur). The non-provision of basic economic information to voters is examined in detail and questions raised about the role of the Cameron government and Her Majesty’s Treasury. Using methodology from political-economy, it is shown that result could easily have been a vote for Remain.

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Key Issues for the New British Governments that Brexit will mean more globalization rather than less. The partly contradictory approach of the new government is examined, where more liberalization could result in the United Kingdom economy which results in a less equal society rather than benefit everybody.

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Medium-Term UK Macroeconomic Perspectivesrates to stock market volatility and the current account position. Are the Bank of England and the European Central Bank going to compete on interest rates? An economic analysis also suggests that comments by “Exit Minister” David Davis in relation to potential partners for a “Global Britain” in terms of free trade agreements are largely illusory.

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What Is the EU? A Redistribution and Trade Engine with a Political Elementsome of the weaknesses of the EU where improvements could be made. Welfens asks the question of why countries contribute to the EU and who will compensate for the UK’s contributions to the EU budget going forward.

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Eurozone Perspectives and Reform Needse an economic advantage over the UK and prevent further disintegration. According to Welfens, lessons which are not strictly economic must also be learned—for example in security issues and combatting terrorism—if the Eurozone and EU27 are to survive, prosper, and continue as an example for regional integration clubs globally.