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Brexit
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Brexit

Legal and Economic Aspects of a Political Divorce

9781800376571 Edward Elgar Publishing
Edited by Jörn Axel Kämmerer, Professor and Hans-Bernd Schäfer, Affiliate Professor of Law and Economics, Bucerius Law School, Germany
Publication Date: 2021 ISBN: 978 1 80037 657 1 Extent: 232 pp
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.

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Critical Acclaim
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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.
Critical Acclaim
‘This is a remarkable book that provides an in-depth multidisciplinary insight into the legal and economic consequences of Brexit. It contains a careful analysis, supported with theoretical predictions and empirical data on the consequences of Brexit.’
– Michael Faure, Erasmus School of Law Rotterdam, the Netherlands

‘Although the exact mode of Brexit is still a moving target, this book will not get outdated. It gathers eminent lawyers and economists to illuminate the why and how of Brexit in numerous important issues and areas. It is a must-read for everybody to understand Brexit and its consequences more deeply.’
– Anne van Aaken, Universität Hamburg, Germany
Contributors
Contributors: Mathias Hanten, Friedemann Kainer, Jörn Axel Kämmerer, Roland Kirstein, Ejan Mackaay, Wolf-Georg Ringe, Giesela Rühl, Hans-Bernd Schäfer, Jörg Philipp Terhechte
Contents
Contents:

Preface vii
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
Roland Kirstein
3 Brexit: populist reaction to the 2008 speculative bubble bursting? 77
Ejan Mackaay
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
Friedemann Kainer
6 Brexit and how it affects capital markets (regulation) 142
Wolf-Georg Ringe
7 Third-country market access under Brexit: new wine in old bottles 177
Mathias Hanten
8 Settlement of international commercial disputes
post-Brexit, or: united we stand taller 190
Giesela Rühl

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