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Britain's Economic Outlook after Brexit
Author(s) -
Yueh Linda
Publication year - 2017
Publication title -
global policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.602
H-Index - 33
eISSN - 1758-5899
pISSN - 1758-5880
DOI - 10.1111/1758-5899.12441
Subject(s) - brexit , referendum , government (linguistics) , political science , european union , globalization , political economy , immigration , face (sociological concept) , sovereignty , backlash , economics , international trade , politics , sociology , law , social science , linguistics , philosophy , artificial intelligence , computer science
In a historic referendum, Britain has voted to leave the European Union. Some of the polling suggests that a backlash against globalisation played a role, alongside themes such as sovereignty and immigration. The government has insisted that Britain will maintain its global outlook, but how challenging will that be in the face of disengaging from the world's biggest economic entity and forging a novel path? The UK is doing so with some notable weaknesses in its large trade deficit. This article explores the economic uncertainties of Brexit and potential ways forward.