2. As the word Suggest BREXIT= “Britain” and “Exit”.
Withdrawal of the United Kingdom from the
European Union.
The UK electorate will address the question again
on June 23, 2016, in a referendum on the
country's membership.
Meaning
3. FORMATIONOF EU
Began in 1951
Britain joined European community 1973
1987 single act was signed (single market)
Founded upon numerous treaties
Expansions from 6 member states to 28
Got its name EU in 1992 from Maastricht treaty
Geo-political entity , single market
Common currency - Euro
5. On 23rd June in the historic nationwide
referendum, 52% British voter choose to
leave the European Union
Britain will exit EU due to this
Brexit will give Britain the freedom to
manage its own affairs
8. 1. British wants reforms in European Union
2. Link between immigration and EU
membership
3. The British press is far more Eurosceptic
now than it was in 1975.
4. The relative health of the UK economy
16. Jobs
,
Leave : A job boom as firm get rid from EU red tape.
Stay : millions of jobs would be lost as global manufacturers moved to
lower- cost EU countries.
Immigration
Leave : full control over borders , regains jobs ,hospital & others public services
Stay : free movement of EU migrants & good for Britain's economy
Trade
Leave : Trade barrier, free from huge amount paid to EU
Stay : free trade is possible with EU remains
Impact on UK
17. Global financial market volatility can be readily
expected. Markets across the world will tank.
The pound will depreciate against most major
economies.
Brexit could reduce economic growth by up to 5.6
percent over the next three years
IMPACT ON GLOBAL ECONOMY
18. •will studiying in the uk become more
expensive or cheaper after brexit ?how and
why
•what would be your advise to indian
students aspiring to go for higher studies in
the uk and eu
•do you see a possible change in funding
opportunities for indian students post-brexit
in terms of education loans,scholarships and
fellowships, including those linked to the eu
Howbrexit affectstudents
19. •Will there be stricter norms for taking in
international students for the uk and eu?
what is the general sense you are getting
in the UK?
•How will brexit affect indian students
interested in studying in the UK Ireland
and the EU?
•Nearly 30 %international students less
likely to study in Britain after brexit
22. IMPACT ON INDIA IF THEY EXIT
Sensex and Nifty will tumble in the short-run.
India is presently the second biggest source of FDI (Foreign Direct
Investment) for Great Britain. But, if Britain exits the EU, it will not be
as attractive a destination for Indian FDI as before.
UK has always acted as a gate pass for Indian companies to access
the European companies, The total trade stood at $14.02 billion in
FY16, out of which $8.83 billion was in exports and $5.19 was in
imports.
23. Indian pharma industry which has more exposure towards Europe,
will also be affected.
the companies which have income from UK and Europe are going to
be hit, at least for shorter term.
So on the event of Brexit, the pound rate might fall against the dollar
and thus, the rupee.
24. • This will increase petrol and diesel prices to an extent
• The government then may want to reduce additional excise
duty imposed on fuel when it was on a downward
• This will increase fiscal deficit, unless revenue increased
• Prices of gold, electronic goods, among others will increase
• Cheaper rupee will make Indian exports, including IT and ITeS,
competitive
25. 24%
8%
6% 6% 5% 5% 5% 4% 3%
34%
0%
5%
10%
15%
20%
25%
30%
35%
40% UK Exports as % of Total Indian Exports
% Contribution
Source:Capitalmind
26.
27.
28. Brexit should be avoided because
it would create no winners, only
losers