| Author (Person) | Johns, Jennifer |
|---|---|
| Series Title | The Conversation |
| Series Details | 05.08.16 |
| Publication Date | 05/08/2016 |
| Content Type | Journal | Series | Blog |
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There remains great uncertainty in the aftermath of the UK vote to leave the European Union. Few seem to have a plan for what Brexit will look like and how the UK’s relationship with the outside world will take shape. But while the desire for sovereignty and to 'take back control' were top of many voters' list of reasons to vote to leave, the fact that we live in a globalised world where economies and trade supersede national boundaries cannot be ignored. Much of the confusion about how Brexit will affect the British economy has resulted from the inability of those for and against it to acknowledge the realities of the position of the UK in the contemporary global economy. This failure to understand the realities of globalisation is partly why there is such confusion about how to deliver the kind of post-Brexit UK demanded by those who voted leave. But regaining national sovereignty is extremely difficult, if not impossible, in today’s global economy. Closer economic cooperation is the only logical response to globalisation and the best way to ensure stable growth. Indeed, the short, medium and long-term impacts of the Brexit vote will surely serve to provide the UK with a harsh lesson in the dangers of going it alone. |
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| Source Link | Link to Main Source https://theconversation.com/britain-fails-to-understand-the-nature-of-globalisation-at-its-peril-61392 |
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| Countries / Regions | United Kingdom |
