Brexit: Implications and outlook [What Think Tanks are Thinking]

Uncertainty about the future relations between the European Union and the United Kingdom has contributed to turbulence on financial markets and in European politics, following the country’s vote by referendum on 23 June 2016 to leave the EU.

The new British Prime Minister, Teresa May, detailed some of her plans in a speech at the Conservative Party conference in October 2016, indicating that the UK would invoke the Article 50 of the Treaty on European Union by March 2017, a move needed for a member state to leave the Union.

There is still lack of clarity on crucial aspects of the UK’s departure, such as whether it wishes to remain part of the EU’s single market or customs union, what the impact may be on EU’s and the UK’s economies and how the country’s Parliament may be involved in process of leaving the EU.

This note offers links to recent commentaries and reports published by major international think tanks and other research centres in response to the UK referendum. More studies on issues raised by the vote can be found in previous editions of ‘What Think Tanks are thinking’ on 7 July 2016 and 22 July 2016.

Compiled by Marcin Grajewski.

• Primary Source

ESO: Background information: The EU Referendum, 23 June 2016. The United Kingdom and the European Union. The results. Reaction from think tanks http://www.europeansources.info/record/the-eu-referendum-23-june-2016-the-united-kingdom-and-the-european-union-the-results-reaction-from-think-tanks/

ESO: In Focus: Brexit - The United Kingdom and the European Union http://www.europeansources.info/record/brexit-the-united-kingdom-and-the-european-union/

---