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Brexit

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Brexit

  1. 1. :WILL IT HARM GLOBALISATION?
  2. 2.  The European union (EU) is a politico-economic union of 28 member states that are located primarily in Europe. It has an area of 4,324,782 km2 (1,669,808 sq mi), and an estimated population of over 510 million. The EU has developed an internal single market through a standardized system of laws that apply in all member states. EU policies aim to ensure the free movement of people, goods, services, and capital within the internal market, enact legislation in justice and home affairs, and maintain common policies on trade, agriculture, fisheries, and regional development.
  3. 3.  Britain's population: 65,111,143  The referendum turnout was 71.8%, with more than 46,499,53 7 voting. It was the highest turnout in a UK-wide vote since the 1992 general election.  Leave won by 52% to 48%.
  4. 4.  Age demographics: 1. 18-24: 36% 2. 25-34: 58% 3. 35-44: 72% 4. 45-54: 75% 5. 55-64: 81% 6. 65+: 83%
  5. 5. What has been the effect on the value of the pound? Sterling has lost more than 10% of its value against the dollar since Brexit. With the pound worth about $1.32, this is down to the lowest levels since 1985.
  6. 6.  UK is one of 10 member states who pay more into the EU budget than they get out, only France and Germany contribute more. In 2014/15, Poland was the largest beneficiary, followed by Hungary and Greece.  UK contributes about 18,777 million Euros to the annual budget of the EU out of which it only receives 10392 millions Euros , while the rest are not receivable.
  7. 7. What were their reasons for wanting the UK to stay?  Those campaigning for Britain to stay in the EU said it gets a big boost from membership - it makes selling things to other EU countries easier and, they argued, the flow of immigrants, most of whom are young and keen to work, fuels economic growth and helps pay for public services.
  8. 8. What were their reasons for wanting the UK to leave?  They said Britain was being held back by the EU, which they said imposed too many rules on business and charged billions of pounds a year in membership fees for little in return. They also wanted Britain to take back full control of its borders and reduce the number of people coming here to live and/or work.

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