BREXIT
A very Britain Revolution
Abdullah Al Noman
University of Chittagong
Department of Management
BRITAIN EXIT= BREXIT
 28 member in
Europe
 1957, as European
Economic
Community (EEC)
 Agreed on
• The free movement
of people, good,
services, and
capital within the
internal market.
• common policies on
trade, agriculture,
fisheries and
regional
development.
 Britain
 Great Britain
 U.K.
 United kingdom of
great Britain &
Northern Ireland.
European Union
Britain
Why Brexit
01 Dyfunctional
Economic
02 Unemployment
03 Trade barriers
04
Economic Causes
European’s lead
Sovereignty
1
3
4 2
Rise of nationalism
Distrust of multinational financial & Trade
Immigration crisis
Mistrust And fear of
losing Control
Political elitism
 Faced a profound loss on politically
 Loss their right to control the
system
 Contempt for their values
0
History
of
BREXIT
OCT
2016
20162015
20132011200720001975
19631957
March 30, 2019
UK
Overall
48%
Remain
52%
leave
ENGLAND
43%
57%
Wales
42%
58%
Scotland N. Island
62%
38%
56%
44%
% of referendum for and against Brexit
Implications
of BREXIT
 No longer participation in political decisions
 Lose direct access to EU’s consumer market.
 Under go customs procedures
 Resume full management of immigration
 Travel of non citizens
 losing rights of UK citizens
 No longer negotiation in a unified manner.
Implications
Five
hard
Brexit
Scenario
s
Three
soft
Brexit
scenario
s
8 Different
trade
scenarios
Five hard
UK trade is
governed by WTO
rules
1
UK- EU free trade
agreement 2
UK- EU-US free trade
agreement
US-UK free trade
agreement 4
Extended transition
period 5
3
Brexit scenarios
Brexit scenarios
Three soft
1. A customs union
OPTION
OPTION
2. The SWISS model
OPTION
3. Norwegian model
Of Brexit
European Impact
Ireland
Netherlands
Belgium
Italy
France
Germany
Economical
impact of
Brexit
Trade with UK
Jobs
Public Finance
Stock Market and Currencies
Brexit
impact on
Migration
OF Brexit
SWOT Analysis
Strengths
Experience , Business
niche, unique resource
and how others see the
project….etc.
1. Release restrictions on
SMEs
2. Sovereignty
3. More jobs and housing
4. Reduce terrorism
Weaknesses
Weak areas in project,
lack of resource and lack
of experience….etc.
1. Shrink the UK market
2. Reduce the flexible
movement in EU
3. Drop in tax revenues
4. Finding talented
workers
5. Loss of jobs
6. UK’s place in the world
7. Access to European
countries.
Opportunities
Trend focus, market
advantage and
strengths…..etc.
1. Cost saving
2. UK place in the world
Threats
Competition level and
market changes..etc.
1. This has never
happened before
2. Reduce the attraction
of the UK market
Impact of
Brexit on
BANGLADESH
Impact on RMG
1. Constitute more than 80% countries
2. Exports USD 3.20 billion to USD 2.90
billion
3. Duty free trade 12.5%
4. Imported by the EU fell by 1.41%
5. TK 5 crore to TK 20 crore to
upgrade
Impact on Vegetable & Agro
Product
1. Tk 400 Corer to UK.
2. 40% of total export
Impact on Bilateral Trade &
investment relationship
1. Buyers try to get Price benefits
2. Declining exchange rate.
Impact on Remittance
1. 1 Billion remittance per
year
2. Send Low remittance
1000
800
600
400
200
0
2014-15 2015-16 2016-17
2017-18
Thank You
For Your Patience
Feel free
to ask

Brexit and Bangladesh