Management, Vol. 2, Issue 1, Feb  2018, Pages 24-38; DOI: 10.31058/j.mana.2018.21003 10.31058/j.mana.2018.21003

European Union Versus United Kingdom Based on the Economy

, Vol. 2, Issue 1, Feb  2018, Pages 24-38.

DOI: 10.31058/j.mana.2018.21003

Lembo Tanning 1* , Toivo Tanning 1

Independent Researcher, Tallinn, Estonia

Received: 13 December 2017; Accepted: 2 February 2018; Published: 26 February 2018

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Abstract

The aim of the article is to analyze the role of the United Kingdom (UK) based on the economy and its impact on the European Union (EU). Brexit is the most important event of this decade in the EU history. Which strongly affects not only the UK, but also whole the EU economy and politics. In order to assess the economic strength of the UK, we will conduct a comparative analysis with other major the EU powers, in particular Germany. It shows how much the EU loses as the UK leaves. The emphasis is on the analysis of economic reasons. The main reason for Brexit was the deterioration of the economic situation in the UK in recent years. In particular, it seems that after years. However, the evaluation of political impact is more complex and subjective.

Keywords

European Union, United Kingdom, Brexit, Economic Analysis, and Scientific Novelty, Study the Impact of Brexit on the EU Economy and Its Consequences Forecast

Copyright

© 2017 by the authors. Licensee International Technology and Science Press Limited. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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