Advances in Economics, Management and Political Sciences
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Proceedings of the 2nd International Conference on Business and Policy Studies
Series Vol. 14 , 13 September 2023
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Research on the Impact of the UK’s Exit from the EU on the Country’s Economy and Coping Strategies
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Abstract
Comparing GDP per capita, unemployment rates, exchange rates, and other economic data from before the UK left the EU and after it left the EU, this paper will use this study to examine the impact that was leaving the EU had on the economy after the UK left the EU. The authors of this study investigate the spending and revenue of the British government in the years immediately following Brexit. By analyzing the data provided and developing appropriate responses, the objective is to understand the effects of Brexit and to increase our understanding of how to react to the economic shock resulting from it. Comparative. Analysis A comparative analysis is the process of comparing two or more things in order to determine the degree to which they share similarities or diverge from one another. This paper will examine the effects that the United Kingdom’s decision to leave the European Union (EU) will have on the economy, as well as the potential solutions, by comparing the levels of imports and exports, unemployment rates, exchange rates, and other economic data both before and after the UK leaves the EU.
Keywords
UK, EU, country’s economy, coping strategies
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-915371-71-3
- ISBN (Online)
- 978-1-915371-72-0
- Published Date
- 13 September 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/14/20230791
- Copyright
- 13 September 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited