BREXIT (UK departure from the EU)

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Syllabus of the Subject - BREXIT (UK departure from the European Union, Course).

  1. Introduction to the Brexit (the United Kingdom leaving the European Union)
  2. Economic and Political Implications of the BREXIT
  3. Chronology of the BREXIT
  4. New Settlement for the United Kingdom within the European Union

The objectives of the Subject “BREXIT” are the following:

  1. To understand the causes of the BREXIT and its economic implications
  2. To analyse the BREXIT process
  3. To understand the New Settlement for the United Kingdom within the European Union

The Subject “BREXIT (UK departure from the EU)” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Masters: Business in Europe, International Business, economic relations
  2. Course: Introduction to the European Union
  3. Doctorates: European Business, Global Trade

The course materials are available in: Master in International Business in English or Study Master Doctorate Business in Spanish BREXIT Study, Master in International Business in French BREXIT Masters Foreign Trade in Portuguese BREXIT

Example of the Online Subject - BREXIT (UK departure from the EU):
BREXIT (UK departure from the EU)





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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Description of the Online Subject: BREXIT (UK departure from the EU)

The BREXIT, or departure from the United Kingdom of the European Union, occurred on 29 March 2017, when it was notified by letter to the European Council, based on the Article 50 of the Treaty on European Union (Voluntary and unilateral withdrawal clause), Its decision to leave the European Union.

The President of the EU, the Polish Donald Tusk, said: “There is no reason to say that this is a happy day, neither in Brussels nor in London”.

In this way, the European Union of twenty-eight members is now twenty-seven members.

The BREXIT has significant implications that generate uncertainties:

  1. Globally. The International Monetary Fund estimates that it could mean a loss of 0.1% in the world economy growth
  2. European Union.
    1. Since it loses one of its net contributors, in addition to being the second economy of the EU
    2. The European exporters will lose competitiveness in the UK market
  3. UK.
    1. For example, the United Kingdom will not be able to benefit from the numerous EU Free Trade Agreement and Association Agreements with Mexico, Georgia, Korea, Lebanon, Egypt, South Africa...
    2. The British companies will not form part of the European Single Market (EU) or the European Economic Area. Neither will they be part of the Customs Union with Turkey
    3. Even potential risks of internal rupture have been identified (Scotland, Northern Ireland)
  4. Many European companies will be able to benefit from the BREXIT, for example, in all the markets in which the European Union has free trade agreements in force since the United Kingdom will be excluded from all of them
  5. Two European agencies, the European Banking Authority and the European Medicines Agency, will no longer be in London
  6. The United Kingdom will surely cease to be a member of the Asia-Europe Economic Meeting (ASEM) and many other EU-led organisations
  7. The United Kingdom will no longer form part of the European Central Bank (ECB), the European Economic and Social Committee or the European Investment Bank, among others
  8. The Exporters from the third countries will no longer be able to benefit from the EU Generalised System of Preferences (GSP)
  9. Etc

Europe



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