International Conference

Manel Srinivas Nayak Memorial Besant Institute of PG Studies, Mangaluru

Brexit and its impact on Global Economy – A Conceptual Study

02-02-2017 and  03-02-2017

Ganesh Rathod, Final Year BBM

BREXIT AND ITS IMPACT ON GLOBAL ECONOMY-A CONCEPTUAL STUDY

 

Ganesh Rathod1, G.P Nagesh2 and Dr. V Murugaiah3

  1. Student, Dept.of Business Administration PESIAMS, Shivamogga, Karnataka, India.
  2. Assistant Professor, PESIAMS, Shivamogga, Karnataka, India.
  3. Professor, IMS, Davangere University, Davangere, Karnataka, India.

 

Abstract

28 Member states of Europe formed the politico economic amalgamation called the European Union. Brexit a portmanteau of the words Britain and exit; it is the nickname for a British exit of the European Union after the June 23rd 2016 referendum i.e. 51.9% of the British population voted to leave the union. This conceptual paper aimed at identification of probable pros and cons of Brexit on global economy as whole based on some noticeable observation in recent past on FDI, Immigration, trade policy and industrial policy.