Brexit – Legal and Economic Aspects of a Political DivorceGebonden Engels 2021 9781800376571
This timely book presents international and interdisciplinary perspectives on the dynamics, trajectories and consequences of Brexit. Focusing on the interaction of legal and economic issues, it evaluates the relevance of non-economic expectations and 'red lines' involved in the process of the UK's exit from the EU. Contributors employ a range of methodological approaches, from game theory to the study of populism, to address the viability of WTO rules as an alternative to the EU's internal market, future financial market regulation and commercial dispute settlement after Brexit.
Chapters measure the trade-off between British autonomy and potential gains from trade, assessing how the UK may interact with the European Court of Justice and EU law. Incorporating insights from economics as well as European and international law, this thought-provoking book looks to the future of the UK and how it will contend with capital markets, adjudication of commercial law and pitfalls in the withdrawal agreement. Featuring law and economics viewpoints from renowned international scholars, this book will be indispensable reading for academic lawyers, economists and political scientists, particularly those with an interest in EU law and the implications of Brexit.
It will also be useful to politicians, civil servants and legal practitioners in need of a measured response to the UK withdrawal agreement and the imminent outcomes of Brexit.
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1 At Brexit crossroads: autonomy and gains from trade as alternatives? Introduction and overview 1
Hans-Bernd Schäfer and Jörn Axel Kämmerer
2 Some game-theoretic aspects of Brexit 34
3 Brexit: populist reaction to the 2008 speculative bubble bursting? 77
4 Dead end or pathway to new relations? Structure and problems of the EU–UK Withdrawal Agreement 92
Jörg Philipp Terhechte
5 Services: market access and standards in future EU–UK relations 110
6 Brexit and how it affects capital markets (regulation) 142
7 Third-country market access under Brexit: new wine in old bottles 177
8 Settlement of international commercial disputes post-Brexit, or: united we stand taller 190
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