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Brexit : What Happened & Where is it Going? Brexit : What Happened & Where is it Going?

Brexit : What Happened & Where is it Going? - PowerPoint Presentation

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Uploaded On 2020-08-05

Brexit : What Happened & Where is it Going? - PPT Presentation

Teachers Workshop on the EU Carleton University November 24 2017 Patrick Leblond CNPaul M Tellier Chair on Business and Public Policy Graduate School of Public and International Affairs ID: 798819

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Slide1

Brexit

: What Happened & Where is it Going?

Teachers’ Workshop on the EU, Carleton University,

November 24, 2017

Patrick Leblond

CN-Paul M.

Tellier

Chair on Business and Public Policy

Graduate School of Public and International Affairs

Slide2

How do we explain the brexit vote?

Slide3

Slide4

Why such support for Brexit?

UK support for the EU has been weak for yearsMember state politicians blame “Brussels” when things do not got their way The Russian roulette of referendumsImmigrationEconomy (“they steal our jobs”)Security (“They let in terrorists”)The economic and political elite is against the “people”People are not well informed

Slide5

EU support has been weakest in the UK

Source: Hobolt (2016)

Slide6

Reasons for Brexit voting intentions

ArgumentsLeaveRemainImmigration controls

XLack of confidence in the prime minister or the governmentXCost of EU membershipX

Consequences for securityXLack of knowledge and confidenceXLack of informationXXBrexit’s economic risksXEconomic stability provided by the EUXEconomic benefits from EU membershipXSource: Hobolt

(2016)

Slide7

Vote for Brexit decreased

with educationSource: Hobolt (2016)

Slide8

Vote for Brexit increased

with ageSource: http://www.bbc.com/news/magazine-36619342

Slide9

Post-brexit : The UK’s economic relations

Slide10

Relations with the EU: 2 negotiations

The “divorce” (i.e. the exit)2 years afterArticle 50 has been invoked Dividing the assets, liabilities and the children “Free trade” (post-exit relation): hard or soft Brexit? Four possible modelsThe Norwegian model?The Swiss model?

The Turkish model?The Canadian model? (CETA++ or CETA--)The EU’s negotiating red lines Access to the EU single market implies the free movement of people The EU’s 4 liberties form an indivisible package

Slide11

The UK’s trade relations with the rest of the world

Not before exiting the EUProbably not before a free trade agreement with the EU has been negotiated The UK’s human resources on matters of international trade and investment are limited Negotiations with the EU will take up most of these resources WTO rules could apply for many yearsBut they still need to be defined in the UK’s case

Slide12

THANK YOU!