SlideShare a Scribd company logo
The ‘Brexit’
Reasons, Consequences and its Impact
Organiser
Technical Development
July 02, 2016
♣
presented by
Philipp Robert Gehrmann – Trainee
Presentation Outline
The European Union – Development and
Situation before the ‘Brexit’
 Historic Development
 Key Facts
 Why join the EU?
 ‘Satisfaction Barometer’
Leave or Remain? – Goals, Promises and Key
Players of the Campaigns
 The Leave Campaign
 Britain Stronger In Europe
Presentation Outline
The Poll and its Results – the Occurrences on
June 23
 Course of Events
 Final Results
 Analysis of the Results
The Aftermath –Consequences and possible
Scenarios after Britain’s Leave
 Reactions & Consequences
 The UK under Pressure?
 Anger of Voters
 Possible Scenarios
The European Union
Development and Situation before the
‘Brexit’
HISTORIC DEVELOPMENT
EU member
states
Potential
member states
Non-members
508.2 million
people lived within
the European
Union in 2015
Capital:
Brussels
28 member
states
Purpose: common
economic, social
and security
policies
objectives:
freedom, justice,
security, economic
and social progress
Requirements:
democracy, human
rights record, sound
economic policies
KEY FACTS
WHY JOIN THE EU?
 Legal and human
rights
 European Arrest
Warrant scheme
 European harmony
 EU funds
 Modernization of
prospective members
 Tackling
environmental issues
 Consumer benefits
 Free movement of
labour & capital
 Work and settle in
every EU state
 Free trade and removal
of non-tariff barriers
 strong economic area
and large market
 Attraction of inward
investments
 More power in global
politics and trade
SATISFACTION BAROMETER
People in member
states tend to
become more
pessimistic
Euro crisis: failure
to prevent and
fight against
financial downfall
Immigration
‘crisis’
Slow, inefficient
and intransparent
bureaucratic
processes
THE FUTURE OF THE EU
Leave or Remain?
Goals, Promises and Key Players of the
Campaigns
 BeLeave
 Out & Proud
 Liberal Leave
 Women…
 Muslims…
 Aussies…
 Kiwis…
 Vapers…
 Bangladesh…
 Poles…
 Christians…
 Conservatives…
 Students…
 Business…
 Economists…
 Historians…
 Lawyers…
 Farmers…
 Veterans…
…for Britain
THE LEAVE CAMPAIGN
GOALS AND PROMISES
 Save money
 Close borders
 Control
immigration
 Make ‘own’ laws
 Avoidance of EU
laws and
regulations
 Be free to trade
with the whole
world
 Spend money saved
from EU contribution on
NHS, schools and
housing
 Welcome people based
on skills not passport
 New & more jobs for
‘British’ population
 No economic
drawbacks, but rather
growth
 Better relations with
Europe and the world
WHEN WE STAY IN THE EU…
Why vote ‘Leave’?
The Leave Campaigns Forecast for a ‘European’ UK
 The European Union expands and mostly ‘poorer’
countries are about to join in the future; their
people will ‘flood’ Britain
 Immigration will get ‘out of control’
 Contribution charges to be paid to the EU continue
 Britain and its Pound have to pay for the Euro’s
‘failure’
 European Court continues to ‘overrule’ Britain
BRITAIN STRONGER IN EUROPE
THE RISKS OF LEAVING
Why vote ‘Remain’?
 Period of instability during the 2-10 years of
negotiations
 Devaluation in the pound, leading to fall in the value
of home and pension
 Higher prices on everything
 Negotiation of new trade relationships with the EU
and many other countries worldwide necessary
 Loss of access to all arrangements with the EU,
including trade deals, EU funding and rights to free
travel
The Poll and its Results –
The Occurrences on June 23
COURSE OF EVENTS
June 16:
assassination of
Labour MP Jo Cox
Betting offices are
favouring Remain
to win the poll
Poll turns into head-
to-head race, Leave
gains the lead a few
hours before the end
Final Result: Leave
wins, the UK will
opt out of the EU
Financial analysts
are confident that
the UK stays in
Results of surveys
are mixed, but
indicate a narrow
win for Remain
FINAL RESULTS
ANALYSIS OF THE RESULTS
The Aftermath
Consequences and Possible Scenarios
after Britain’s Leave
REACTIONS & CONSEQUENCES
Financial markets
erupt
Politicians &
economists
showing their
concerns
David Cameron
resigns as PM of
the UK
European parliament
and top politicians
urge Britain to start
negotiations
Rating agency S&P
devaluates the
creditworthiness of
the EU
IMF, central banks
and financial
analysts predict a
loss in economic
growths
Leaders of European
right wing and
nationalist parties
call for more polls
The UK loses its
position as the 5th
largest economy to
France
THE UK UNDER PRESSURE
‘Londependence’? Scottish
Independence?
Irish Unification? 2nd referendum?
THE ANGER OF THE VOTERS
‘The idea of staying within a
common market (…), I think that
is feasible’
…
‘It means free movement of
labour’
‘No I can’t [guarantee it], and I
would never have made that
claim. That was one of the
mistakes that I think the Leave
campaign made’
‘Having
consulted
colleagues and
in view of the
circumstances
in parliament, I
have concluded
that person
cannot be me’
THE ANGER OF THE VOTERS
 On Thursday, they won by promising cuts
in immigration. On Friday, Johnson and the
Eurosceptic ideologue Dan Hannan said that
in all probability the number of foreigners
coming here won’t fall.
 On Thursday, they promised the economy
would boom. By Friday, the pound was at a
30-year low.
 On Thursday, they promised £350m extra a
week for the NHS. On Friday, it turns out
there are “no guarantees”
POSSIBLE SCENARIOS
‘United’ Kingdom? Integration, penalization or isolation?
THE NEXT STEPS
How is Great Britain going to exit the EU?
 Repeal of the European Communities Act 1972
 Renegotiation of the United Kingdom’s relationship
with the EU
 Invoke of Article 50 of the Treaty of European Union
and begin of a(tleast) two-year withdrawal process
+
 Broader constitutional ramifications
Thank You

More Related Content

What's hot

The Business of Brexit: How Will You Be Impacted?
The Business of Brexit: How Will You Be Impacted?The Business of Brexit: How Will You Be Impacted?
The Business of Brexit: How Will You Be Impacted?
Gowling WLG
 
Brexit presentation
Brexit presentationBrexit presentation
Brexit presentation
Nipuna Weerasekara
 
BREXIT (Britain Exit) The Reasons & Impacts
BREXIT (Britain Exit) The Reasons & ImpactsBREXIT (Britain Exit) The Reasons & Impacts
BREXIT (Britain Exit) The Reasons & Impacts
Slide Gen
 
Brexit
Brexit   Brexit
Brexit
BrexitBrexit
Brexit: The customs impact on UK businesses
Brexit: The customs impact on UK businessesBrexit: The customs impact on UK businesses
Brexit: The customs impact on UK businesses
Alex Baulf
 
Brexit
BrexitBrexit
Brexit
idris saify
 
Brexit Presentation
Brexit PresentationBrexit Presentation
Brexit Presentation
Tara Ambrose
 
Brexit
BrexitBrexit
Impact of Brexit on world
Impact of Brexit on worldImpact of Brexit on world
Impact of Brexit on world
Rashmi Gowda KM
 
Brexit
Brexit Brexit
Brexit
Sohil Jain
 
Brexit class aug15 2016_helen_y_cao
Brexit class aug15 2016_helen_y_caoBrexit class aug15 2016_helen_y_cao
Brexit class aug15 2016_helen_y_cao
Moises Cielak
 
Impact of Brexit
Impact of BrexitImpact of Brexit
Impact of Brexit
Shashwat Tulsian
 
BREXIT
BREXITBREXIT
BREXIT
Nidhi Sharma
 
Brexit
BrexitBrexit
Economics of Brexit
Economics of BrexitEconomics of Brexit
Economics of Brexit
tutor2u
 
Brexit – what happens next?
Brexit – what happens next?Brexit – what happens next?
Presentation on Brexit
Presentation on BrexitPresentation on Brexit
Presentation on Brexit
Md Sazzad Hossain
 
Brexit presentation 1
Brexit presentation 1Brexit presentation 1
Brexit presentation 1
Sajawal Babar
 
Brexit and eu
Brexit and euBrexit and eu

What's hot (20)

The Business of Brexit: How Will You Be Impacted?
The Business of Brexit: How Will You Be Impacted?The Business of Brexit: How Will You Be Impacted?
The Business of Brexit: How Will You Be Impacted?
 
Brexit presentation
Brexit presentationBrexit presentation
Brexit presentation
 
BREXIT (Britain Exit) The Reasons & Impacts
BREXIT (Britain Exit) The Reasons & ImpactsBREXIT (Britain Exit) The Reasons & Impacts
BREXIT (Britain Exit) The Reasons & Impacts
 
Brexit
Brexit   Brexit
Brexit
 
Brexit
BrexitBrexit
Brexit
 
Brexit: The customs impact on UK businesses
Brexit: The customs impact on UK businessesBrexit: The customs impact on UK businesses
Brexit: The customs impact on UK businesses
 
Brexit
BrexitBrexit
Brexit
 
Brexit Presentation
Brexit PresentationBrexit Presentation
Brexit Presentation
 
Brexit
BrexitBrexit
Brexit
 
Impact of Brexit on world
Impact of Brexit on worldImpact of Brexit on world
Impact of Brexit on world
 
Brexit
Brexit Brexit
Brexit
 
Brexit class aug15 2016_helen_y_cao
Brexit class aug15 2016_helen_y_caoBrexit class aug15 2016_helen_y_cao
Brexit class aug15 2016_helen_y_cao
 
Impact of Brexit
Impact of BrexitImpact of Brexit
Impact of Brexit
 
BREXIT
BREXITBREXIT
BREXIT
 
Brexit
BrexitBrexit
Brexit
 
Economics of Brexit
Economics of BrexitEconomics of Brexit
Economics of Brexit
 
Brexit – what happens next?
Brexit – what happens next?Brexit – what happens next?
Brexit – what happens next?
 
Presentation on Brexit
Presentation on BrexitPresentation on Brexit
Presentation on Brexit
 
Brexit presentation 1
Brexit presentation 1Brexit presentation 1
Brexit presentation 1
 
Brexit and eu
Brexit and euBrexit and eu
Brexit and eu
 

Viewers also liked

Brexit
BrexitBrexit
Energy union package, agriculture and irish farming
Energy union package, agriculture and irish farmingEnergy union package, agriculture and irish farming
Energy union package, agriculture and irish farming
Professor Emeritus of European Agricultural Policy, Trinity College Dublin
 
Why Brexit is Not a Black Swan
Why Brexit is Not a Black SwanWhy Brexit is Not a Black Swan
Why Brexit is Not a Black Swan
Go Markets
 
Brexit forecast: What does it mean for you, our industry and UK business?
Brexit forecast: What does it mean for you, our industry and UK business?Brexit forecast: What does it mean for you, our industry and UK business?
Brexit forecast: What does it mean for you, our industry and UK business?
ad:tech London
 
Bill of rights
Bill of rightsBill of rights
Bill of rights
Francisco Del Pozo
 
Ecoscope Level 2 cert.
Ecoscope Level 2 cert.Ecoscope Level 2 cert.
Ecoscope Level 2 cert.Ekkadit S.
 
Tutorial router
Tutorial routerTutorial router
Tutorial router
babeaja
 
Conflictos en colombia
Conflictos en colombiaConflictos en colombia
Conflictos en colombia
Luisfer Montoya
 
Manual de informática
Manual de informáticaManual de informática
Manual de informática
213465789
 
Speaking with Passion Flyer v1
Speaking with Passion Flyer v1Speaking with Passion Flyer v1
Speaking with Passion Flyer v1Chris Hayes
 
LWD level 1 cert.
LWD level 1 cert.LWD level 1 cert.
LWD level 1 cert.Ekkadit S.
 
Advanced motion controls srst
Advanced motion controls srstAdvanced motion controls srst
Advanced motion controls srst
Electromate
 
Reglamento institucional upc
Reglamento institucional  upcReglamento institucional  upc
Reglamento institucional upcgeranc
 
Advanced motion controls srst55
Advanced motion controls srst55Advanced motion controls srst55
Advanced motion controls srst55
Electromate
 
Dropbox
DropboxDropbox
Dropbox
Diego Ramirez
 
Curso ehrpp
Curso ehrppCurso ehrpp
Curso ehrpp
SandraEvangelina
 
Importacion y comercializadora
Importacion y comercializadoraImportacion y comercializadora
Importacion y comercializadora
Karo Rodriguez
 
Video de sensibilización
Video de sensibilizaciónVideo de sensibilización
Video de sensibilización
Mariela Zanichelli
 

Viewers also liked (18)

Brexit
BrexitBrexit
Brexit
 
Energy union package, agriculture and irish farming
Energy union package, agriculture and irish farmingEnergy union package, agriculture and irish farming
Energy union package, agriculture and irish farming
 
Why Brexit is Not a Black Swan
Why Brexit is Not a Black SwanWhy Brexit is Not a Black Swan
Why Brexit is Not a Black Swan
 
Brexit forecast: What does it mean for you, our industry and UK business?
Brexit forecast: What does it mean for you, our industry and UK business?Brexit forecast: What does it mean for you, our industry and UK business?
Brexit forecast: What does it mean for you, our industry and UK business?
 
Bill of rights
Bill of rightsBill of rights
Bill of rights
 
Ecoscope Level 2 cert.
Ecoscope Level 2 cert.Ecoscope Level 2 cert.
Ecoscope Level 2 cert.
 
Tutorial router
Tutorial routerTutorial router
Tutorial router
 
Conflictos en colombia
Conflictos en colombiaConflictos en colombia
Conflictos en colombia
 
Manual de informática
Manual de informáticaManual de informática
Manual de informática
 
Speaking with Passion Flyer v1
Speaking with Passion Flyer v1Speaking with Passion Flyer v1
Speaking with Passion Flyer v1
 
LWD level 1 cert.
LWD level 1 cert.LWD level 1 cert.
LWD level 1 cert.
 
Advanced motion controls srst
Advanced motion controls srstAdvanced motion controls srst
Advanced motion controls srst
 
Reglamento institucional upc
Reglamento institucional  upcReglamento institucional  upc
Reglamento institucional upc
 
Advanced motion controls srst55
Advanced motion controls srst55Advanced motion controls srst55
Advanced motion controls srst55
 
Dropbox
DropboxDropbox
Dropbox
 
Curso ehrpp
Curso ehrppCurso ehrpp
Curso ehrpp
 
Importacion y comercializadora
Importacion y comercializadoraImportacion y comercializadora
Importacion y comercializadora
 
Video de sensibilización
Video de sensibilizaciónVideo de sensibilización
Video de sensibilización
 

Similar to Brexit

Brexit : Ins and Outs term paper
Brexit : Ins and Outs term paper Brexit : Ins and Outs term paper
Brexit : Ins and Outs term paper
RahmatUllahShahJalal
 
Economic Aspect: Brexit; Macro economic challenges faced EU
Economic Aspect: Brexit; Macro economic challenges faced EUEconomic Aspect: Brexit; Macro economic challenges faced EU
Economic Aspect: Brexit; Macro economic challenges faced EU
nandu makham
 
Brexit
BrexitBrexit
Brexit
BrexitBrexit
Brexit
BrexitBrexit
Brexit
Sami Ullah
 
Public Opinion On Eu V3
Public Opinion On Eu V3Public Opinion On Eu V3
Public Opinion On Eu V3bduverneuil
 
An Investors Perspective on Brexit
An Investors Perspective on BrexitAn Investors Perspective on Brexit
An Investors Perspective on Brexit
Brinkley Financial Group of BBT Scott and Stringfellow
 
Brexit
BrexitBrexit
Brexit
Jigarvasoya1
 
Brexit : Ins and Outs
Brexit : Ins and OutsBrexit : Ins and Outs
Brexit : Ins and Outs
RahmatUllahShahJalal
 
What if...? The Consequences, challenges & opportunities facing Britain outsi...
What if...? The Consequences, challenges & opportunities facing Britain outsi...What if...? The Consequences, challenges & opportunities facing Britain outsi...
What if...? The Consequences, challenges & opportunities facing Britain outsi...
chmcorpp
 
EU Referendum Report - Wayne Wild - March 2016
EU Referendum Report  - Wayne Wild - March 2016EU Referendum Report  - Wayne Wild - March 2016
EU Referendum Report - Wayne Wild - March 2016
Wayne Wild
 
The UK Post-Referendum
The UK Post-ReferendumThe UK Post-Referendum
The UK Post-Referendum
Euromonitor International
 
Brexit
BrexitBrexit

Similar to Brexit (13)

Brexit : Ins and Outs term paper
Brexit : Ins and Outs term paper Brexit : Ins and Outs term paper
Brexit : Ins and Outs term paper
 
Economic Aspect: Brexit; Macro economic challenges faced EU
Economic Aspect: Brexit; Macro economic challenges faced EUEconomic Aspect: Brexit; Macro economic challenges faced EU
Economic Aspect: Brexit; Macro economic challenges faced EU
 
Brexit
BrexitBrexit
Brexit
 
Brexit
BrexitBrexit
Brexit
 
Brexit
BrexitBrexit
Brexit
 
Public Opinion On Eu V3
Public Opinion On Eu V3Public Opinion On Eu V3
Public Opinion On Eu V3
 
An Investors Perspective on Brexit
An Investors Perspective on BrexitAn Investors Perspective on Brexit
An Investors Perspective on Brexit
 
Brexit
BrexitBrexit
Brexit
 
Brexit : Ins and Outs
Brexit : Ins and OutsBrexit : Ins and Outs
Brexit : Ins and Outs
 
What if...? The Consequences, challenges & opportunities facing Britain outsi...
What if...? The Consequences, challenges & opportunities facing Britain outsi...What if...? The Consequences, challenges & opportunities facing Britain outsi...
What if...? The Consequences, challenges & opportunities facing Britain outsi...
 
EU Referendum Report - Wayne Wild - March 2016
EU Referendum Report  - Wayne Wild - March 2016EU Referendum Report  - Wayne Wild - March 2016
EU Referendum Report - Wayne Wild - March 2016
 
The UK Post-Referendum
The UK Post-ReferendumThe UK Post-Referendum
The UK Post-Referendum
 
Brexit
BrexitBrexit
Brexit
 

Recently uploaded

27052024_First India Newspaper Jaipur.pdf
27052024_First India Newspaper Jaipur.pdf27052024_First India Newspaper Jaipur.pdf
27052024_First India Newspaper Jaipur.pdf
FIRST INDIA
 
Resolutions-Key-Interventions-28-May-2024.pdf
Resolutions-Key-Interventions-28-May-2024.pdfResolutions-Key-Interventions-28-May-2024.pdf
Resolutions-Key-Interventions-28-May-2024.pdf
bhavenpr
 
Short history indo pak 1965 war 1st pd.ppt
Short history indo pak 1965 war 1st pd.pptShort history indo pak 1965 war 1st pd.ppt
Short history indo pak 1965 war 1st pd.ppt
pawan543822
 
Hogan Comes Home: an MIA WWII crewman is returned
Hogan Comes Home: an MIA WWII crewman is returnedHogan Comes Home: an MIA WWII crewman is returned
Hogan Comes Home: an MIA WWII crewman is returned
rbakerj2
 
Codes n Conventionss copy (1).paaaaaaptx
Codes n Conventionss copy (1).paaaaaaptxCodes n Conventionss copy (1).paaaaaaptx
Codes n Conventionss copy (1).paaaaaaptx
ZackSpencer3
 
01062024_First India Newspaper Jaipur.pdf
01062024_First India Newspaper Jaipur.pdf01062024_First India Newspaper Jaipur.pdf
01062024_First India Newspaper Jaipur.pdf
FIRST INDIA
 
Draft-1-Resolutions-Key-Interventions-.pdf
Draft-1-Resolutions-Key-Interventions-.pdfDraft-1-Resolutions-Key-Interventions-.pdf
Draft-1-Resolutions-Key-Interventions-.pdf
bhavenpr
 
HISTORY- XII-Theme 3 - Kinship, Caste and Class.pptx
HISTORY- XII-Theme 3 - Kinship, Caste and Class.pptxHISTORY- XII-Theme 3 - Kinship, Caste and Class.pptx
HISTORY- XII-Theme 3 - Kinship, Caste and Class.pptx
aditiyad2020
 
Sharjeel-Imam-Judgement-CRLA-215-2024_29-05-2024.pdf
Sharjeel-Imam-Judgement-CRLA-215-2024_29-05-2024.pdfSharjeel-Imam-Judgement-CRLA-215-2024_29-05-2024.pdf
Sharjeel-Imam-Judgement-CRLA-215-2024_29-05-2024.pdf
bhavenpr
 
31052024_First India Newspaper Jaipur.pdf
31052024_First India Newspaper Jaipur.pdf31052024_First India Newspaper Jaipur.pdf
31052024_First India Newspaper Jaipur.pdf
FIRST INDIA
 
ys jagan mohan reddy political career, Biography.pdf
ys jagan mohan reddy political career, Biography.pdfys jagan mohan reddy political career, Biography.pdf
ys jagan mohan reddy political career, Biography.pdf
VoterMood
 
Do Linguistics Still Matter in the Age of Large Language Models.pptx
Do Linguistics Still Matter in the Age of Large Language Models.pptxDo Linguistics Still Matter in the Age of Large Language Models.pptx
Do Linguistics Still Matter in the Age of Large Language Models.pptx
Slator- Language Industry Intelligence
 
2024 is the point of certainty. Forecast of UIF experts
2024 is the point of certainty. Forecast of UIF experts2024 is the point of certainty. Forecast of UIF experts
2024 is the point of certainty. Forecast of UIF experts
olaola5673
 
AI and Covert Influence Operations: Latest Trends
AI and Covert Influence Operations: Latest TrendsAI and Covert Influence Operations: Latest Trends
AI and Covert Influence Operations: Latest Trends
CI kumparan
 
Mizzima Weekly Analysis & Insight Issue 1
Mizzima Weekly Analysis & Insight Issue 1Mizzima Weekly Analysis & Insight Issue 1
Mizzima Weekly Analysis & Insight Issue 1
Mizzima Media
 
Future Of Fintech In India | Evolution Of Fintech In India
Future Of Fintech In India | Evolution Of Fintech In IndiaFuture Of Fintech In India | Evolution Of Fintech In India
Future Of Fintech In India | Evolution Of Fintech In India
TheUnitedIndian
 
Chapter-8th-Recent Developments in Indian Politics-PPT.pptx
Chapter-8th-Recent Developments in Indian Politics-PPT.pptxChapter-8th-Recent Developments in Indian Politics-PPT.pptx
Chapter-8th-Recent Developments in Indian Politics-PPT.pptx
ssuserec98a3
 
role of women and girls in various terror groups
role of women and girls in various terror groupsrole of women and girls in various terror groups
role of women and girls in various terror groups
sadiakorobi2
 
Preview of Court Document for Iseyin community
Preview of Court Document for Iseyin communityPreview of Court Document for Iseyin community
Preview of Court Document for Iseyin community
contact193699
 
03062024_First India Newspaper Jaipur.pdf
03062024_First India Newspaper Jaipur.pdf03062024_First India Newspaper Jaipur.pdf
03062024_First India Newspaper Jaipur.pdf
FIRST INDIA
 

Recently uploaded (20)

27052024_First India Newspaper Jaipur.pdf
27052024_First India Newspaper Jaipur.pdf27052024_First India Newspaper Jaipur.pdf
27052024_First India Newspaper Jaipur.pdf
 
Resolutions-Key-Interventions-28-May-2024.pdf
Resolutions-Key-Interventions-28-May-2024.pdfResolutions-Key-Interventions-28-May-2024.pdf
Resolutions-Key-Interventions-28-May-2024.pdf
 
Short history indo pak 1965 war 1st pd.ppt
Short history indo pak 1965 war 1st pd.pptShort history indo pak 1965 war 1st pd.ppt
Short history indo pak 1965 war 1st pd.ppt
 
Hogan Comes Home: an MIA WWII crewman is returned
Hogan Comes Home: an MIA WWII crewman is returnedHogan Comes Home: an MIA WWII crewman is returned
Hogan Comes Home: an MIA WWII crewman is returned
 
Codes n Conventionss copy (1).paaaaaaptx
Codes n Conventionss copy (1).paaaaaaptxCodes n Conventionss copy (1).paaaaaaptx
Codes n Conventionss copy (1).paaaaaaptx
 
01062024_First India Newspaper Jaipur.pdf
01062024_First India Newspaper Jaipur.pdf01062024_First India Newspaper Jaipur.pdf
01062024_First India Newspaper Jaipur.pdf
 
Draft-1-Resolutions-Key-Interventions-.pdf
Draft-1-Resolutions-Key-Interventions-.pdfDraft-1-Resolutions-Key-Interventions-.pdf
Draft-1-Resolutions-Key-Interventions-.pdf
 
HISTORY- XII-Theme 3 - Kinship, Caste and Class.pptx
HISTORY- XII-Theme 3 - Kinship, Caste and Class.pptxHISTORY- XII-Theme 3 - Kinship, Caste and Class.pptx
HISTORY- XII-Theme 3 - Kinship, Caste and Class.pptx
 
Sharjeel-Imam-Judgement-CRLA-215-2024_29-05-2024.pdf
Sharjeel-Imam-Judgement-CRLA-215-2024_29-05-2024.pdfSharjeel-Imam-Judgement-CRLA-215-2024_29-05-2024.pdf
Sharjeel-Imam-Judgement-CRLA-215-2024_29-05-2024.pdf
 
31052024_First India Newspaper Jaipur.pdf
31052024_First India Newspaper Jaipur.pdf31052024_First India Newspaper Jaipur.pdf
31052024_First India Newspaper Jaipur.pdf
 
ys jagan mohan reddy political career, Biography.pdf
ys jagan mohan reddy political career, Biography.pdfys jagan mohan reddy political career, Biography.pdf
ys jagan mohan reddy political career, Biography.pdf
 
Do Linguistics Still Matter in the Age of Large Language Models.pptx
Do Linguistics Still Matter in the Age of Large Language Models.pptxDo Linguistics Still Matter in the Age of Large Language Models.pptx
Do Linguistics Still Matter in the Age of Large Language Models.pptx
 
2024 is the point of certainty. Forecast of UIF experts
2024 is the point of certainty. Forecast of UIF experts2024 is the point of certainty. Forecast of UIF experts
2024 is the point of certainty. Forecast of UIF experts
 
AI and Covert Influence Operations: Latest Trends
AI and Covert Influence Operations: Latest TrendsAI and Covert Influence Operations: Latest Trends
AI and Covert Influence Operations: Latest Trends
 
Mizzima Weekly Analysis & Insight Issue 1
Mizzima Weekly Analysis & Insight Issue 1Mizzima Weekly Analysis & Insight Issue 1
Mizzima Weekly Analysis & Insight Issue 1
 
Future Of Fintech In India | Evolution Of Fintech In India
Future Of Fintech In India | Evolution Of Fintech In IndiaFuture Of Fintech In India | Evolution Of Fintech In India
Future Of Fintech In India | Evolution Of Fintech In India
 
Chapter-8th-Recent Developments in Indian Politics-PPT.pptx
Chapter-8th-Recent Developments in Indian Politics-PPT.pptxChapter-8th-Recent Developments in Indian Politics-PPT.pptx
Chapter-8th-Recent Developments in Indian Politics-PPT.pptx
 
role of women and girls in various terror groups
role of women and girls in various terror groupsrole of women and girls in various terror groups
role of women and girls in various terror groups
 
Preview of Court Document for Iseyin community
Preview of Court Document for Iseyin communityPreview of Court Document for Iseyin community
Preview of Court Document for Iseyin community
 
03062024_First India Newspaper Jaipur.pdf
03062024_First India Newspaper Jaipur.pdf03062024_First India Newspaper Jaipur.pdf
03062024_First India Newspaper Jaipur.pdf
 

Brexit

  • 1.
  • 2. The ‘Brexit’ Reasons, Consequences and its Impact Organiser Technical Development July 02, 2016 ♣ presented by Philipp Robert Gehrmann – Trainee
  • 3. Presentation Outline The European Union – Development and Situation before the ‘Brexit’  Historic Development  Key Facts  Why join the EU?  ‘Satisfaction Barometer’ Leave or Remain? – Goals, Promises and Key Players of the Campaigns  The Leave Campaign  Britain Stronger In Europe
  • 4. Presentation Outline The Poll and its Results – the Occurrences on June 23  Course of Events  Final Results  Analysis of the Results The Aftermath –Consequences and possible Scenarios after Britain’s Leave  Reactions & Consequences  The UK under Pressure?  Anger of Voters  Possible Scenarios
  • 5. The European Union Development and Situation before the ‘Brexit’
  • 7. 508.2 million people lived within the European Union in 2015 Capital: Brussels 28 member states Purpose: common economic, social and security policies objectives: freedom, justice, security, economic and social progress Requirements: democracy, human rights record, sound economic policies KEY FACTS
  • 8. WHY JOIN THE EU?  Legal and human rights  European Arrest Warrant scheme  European harmony  EU funds  Modernization of prospective members  Tackling environmental issues  Consumer benefits  Free movement of labour & capital  Work and settle in every EU state  Free trade and removal of non-tariff barriers  strong economic area and large market  Attraction of inward investments  More power in global politics and trade
  • 9. SATISFACTION BAROMETER People in member states tend to become more pessimistic Euro crisis: failure to prevent and fight against financial downfall Immigration ‘crisis’ Slow, inefficient and intransparent bureaucratic processes
  • 10. THE FUTURE OF THE EU
  • 11. Leave or Remain? Goals, Promises and Key Players of the Campaigns
  • 12.  BeLeave  Out & Proud  Liberal Leave  Women…  Muslims…  Aussies…  Kiwis…  Vapers…  Bangladesh…  Poles…  Christians…  Conservatives…  Students…  Business…  Economists…  Historians…  Lawyers…  Farmers…  Veterans… …for Britain THE LEAVE CAMPAIGN
  • 13. GOALS AND PROMISES  Save money  Close borders  Control immigration  Make ‘own’ laws  Avoidance of EU laws and regulations  Be free to trade with the whole world  Spend money saved from EU contribution on NHS, schools and housing  Welcome people based on skills not passport  New & more jobs for ‘British’ population  No economic drawbacks, but rather growth  Better relations with Europe and the world
  • 14. WHEN WE STAY IN THE EU… Why vote ‘Leave’? The Leave Campaigns Forecast for a ‘European’ UK  The European Union expands and mostly ‘poorer’ countries are about to join in the future; their people will ‘flood’ Britain  Immigration will get ‘out of control’  Contribution charges to be paid to the EU continue  Britain and its Pound have to pay for the Euro’s ‘failure’  European Court continues to ‘overrule’ Britain
  • 16. THE RISKS OF LEAVING Why vote ‘Remain’?  Period of instability during the 2-10 years of negotiations  Devaluation in the pound, leading to fall in the value of home and pension  Higher prices on everything  Negotiation of new trade relationships with the EU and many other countries worldwide necessary  Loss of access to all arrangements with the EU, including trade deals, EU funding and rights to free travel
  • 17. The Poll and its Results – The Occurrences on June 23
  • 18. COURSE OF EVENTS June 16: assassination of Labour MP Jo Cox Betting offices are favouring Remain to win the poll Poll turns into head- to-head race, Leave gains the lead a few hours before the end Final Result: Leave wins, the UK will opt out of the EU Financial analysts are confident that the UK stays in Results of surveys are mixed, but indicate a narrow win for Remain
  • 20. ANALYSIS OF THE RESULTS
  • 21. The Aftermath Consequences and Possible Scenarios after Britain’s Leave
  • 22. REACTIONS & CONSEQUENCES Financial markets erupt Politicians & economists showing their concerns David Cameron resigns as PM of the UK European parliament and top politicians urge Britain to start negotiations Rating agency S&P devaluates the creditworthiness of the EU IMF, central banks and financial analysts predict a loss in economic growths Leaders of European right wing and nationalist parties call for more polls The UK loses its position as the 5th largest economy to France
  • 23. THE UK UNDER PRESSURE ‘Londependence’? Scottish Independence? Irish Unification? 2nd referendum?
  • 24. THE ANGER OF THE VOTERS ‘The idea of staying within a common market (…), I think that is feasible’ … ‘It means free movement of labour’ ‘No I can’t [guarantee it], and I would never have made that claim. That was one of the mistakes that I think the Leave campaign made’ ‘Having consulted colleagues and in view of the circumstances in parliament, I have concluded that person cannot be me’
  • 25. THE ANGER OF THE VOTERS  On Thursday, they won by promising cuts in immigration. On Friday, Johnson and the Eurosceptic ideologue Dan Hannan said that in all probability the number of foreigners coming here won’t fall.  On Thursday, they promised the economy would boom. By Friday, the pound was at a 30-year low.  On Thursday, they promised £350m extra a week for the NHS. On Friday, it turns out there are “no guarantees”
  • 26. POSSIBLE SCENARIOS ‘United’ Kingdom? Integration, penalization or isolation?
  • 27. THE NEXT STEPS How is Great Britain going to exit the EU?  Repeal of the European Communities Act 1972  Renegotiation of the United Kingdom’s relationship with the EU  Invoke of Article 50 of the Treaty of European Union and begin of a(tleast) two-year withdrawal process +  Broader constitutional ramifications