Brexit: Cause, Course, and Consequence
Taught by a former British trade official, this unique course will explain the causes and implications of the United Kingdom's (UK) exit from the European Union (EU). How could it be that a free-trading market economy would decide to leave the largest trading bloc in the world? How will Europe respond? And how will the transatlantic economy develop in the coming decade? This course will examine how and why this decision, known as Brexit, was made, as well as how the process developed between 2016 and 2020. The course will also explore the forward implications of Brexit for the United States (US) and its alliances in 2021 and beyond. These implications include an emergent gap between the political and economic aspects of free market political economies in the 21st century; how America's allies and partners are changing, from shifts in the UK's constitutional settlement to the acceleration of EU and euro area developments; the core importance of the international financial system in the transatlantic political economy; and Brexit as a litmus test for future globalization as trade blocs and countries both embrace and challenge globalization.
You'll Walk Away with
- A clear understanding of why Brexit came about and its strategic implications for the United States (US)
- A knowledge of challenges to globalization, the transatlantic financial and economic system and international trade tensions
- Professionals seeking a deeper understanding of the key policy and politics currently influencing the global economy
- Students interested in the world economy and the 21st century challenges to the political and economic aspects of free market economies