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Is Hard Brexit Detrimental to EU Integration? Theory and Evidence

Mikolajun, Irena - 2018

In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the European Union (EU). In this paper we evaluate...

Persistent link: https://www.econbiz.de/10012908727

Quantifying Brexit : From Ex Post to Ex Ante Using Structural Gravity

Smarzynska Javorcik, Beata - 2020

Exploiting changes in the geography of economic integration in Europe, this paper uses detailed Exploiting changes in the geography of economic integration in Europe, we quantify the economic consequences of Brexit using a quantitative general equilibrium model that captures inter- and...

Persistent link: https://www.econbiz.de/10012850083

The Brexit Conundrum Worsens the UK's Relationship with the European Union

Ryan, John T - 2019

This paper examines the shortcomings in the UK government's Brexit negotiation strategy which reflected Prime Minister Theresa May's weak political leadership. The Prime Minister focused on securing the short-term political survival of her government amidst turbulent and fractious domestic...

Persistent link: https://www.econbiz.de/10012861473

Expecting Brexit

Dhingra, Swati; Sampson, Thomas - 2022

The Brexit vote precipitated the unravelling of the UK’s membership of the world’s deepest economic integration agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed expectations about future UK-EU relations. Studying its...

Persistent link: https://www.econbiz.de/10013306955

Growing together: Croatia and Latvia

Gylfason, Thorvaldur; Hochreiter, Eduard - 2010

We compare and contrast the economic growth performance of Croatia and Latvia since the collapse of communism in 1991 … governance, and institutional reforms have played a significant role in raising economic output and efficiency in both Croatia … and Latvia. The EU perspective made a more significant contribution to growth in Latvia than in Croatia, even if Latvia …

Persistent link: https://www.econbiz.de/10010274848

Real convergence, capital flows, and competitiveness in Central and Eastern Europe

Belke, Ansgar; Schnabl, Gunther; Zemanek, Holger - 2009

The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...

Persistent link: https://www.econbiz.de/10010265991