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"Paul J.J. Welfens has written a highly perceptive study of the origins – and the implications – of what must be Britain's worst deliberate economic policy mistake since the Great Depression." —Harold James, Princeton University, USA "This book by Paul J.J. Welfens, dealing with the result of the Brexit referendum, presents a harsh, rational and critical analysis of how the result came to pass. Welfens covers the crucial and fundamental points and surprising facts: this book is highly recommended reading for anyone looking for a frank and candid approach to the subject matter." —Friedrich Schneider, Johannes Kepler University Linz, Austria This book analyzes how the EU referendum in the United Kingdom came to pass and what the foreseeable consequences are for the UK, Europe, US and world economy. The Brexit decision represents a momentous event for Europe, which weakens the EU and shifts the global balance of power. Welfens argues the EU has lost its appeal and is not in keeping with the twenty-first century, which is being shaped by Asia and digital innovations. The subject of immigration from EU countries played a key role in the Brexit decision, with an anti-EU campaign that was profoundly biased. The estimated impact of the referendum was deeply distorted by the broadly inadequate information produced by the Cameron government, which omitted the expected 10 percent loss in income caused by leaving the EU. With this this information, there could have been a clear pro-EU majority. In the absence of a second referendum, one cannot know what the British electorate really wants. Both the Brexit decision and new President of the United States Donald Trump's approach to European disintegration dynamics also raise serious questions about the future of transatlantic relations.

European Union --- Membership --- Great Britain --- Foreign relations --- Popular works. --- Evolutionary economics. --- Macroeconomics. --- European Economic Community literature. --- Public finance. --- Popular Science. --- Popular Science in Economics. --- International Political Economy. --- European Integration. --- Public Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Institutional/Evolutionary Economics. --- European Union countries --- Politics and government --- E.U. --- EU countries --- Euroland --- Europe --- Political economy. --- European Economic Community lite. --- Economics --- Cameralistics --- Public finance --- Currency question --- Economic theory --- Political economy --- Social sciences --- Economic man --- Public finances --- Economics. --- Great Britain - Foreign relations - European Union countries --- Finance, Public.

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This book presents a cutting-edge analysis of the economic effects and challenges of Russia’s invasion of Ukraine, with a special focus on EU sanctions on Russian energy exports and Ukraine’s political relationship with the European Union in a global context. Key macroeconomic perspectives on the ongoing conflict between Russia and Ukraine are outlined, highlighting in particular how sanctions imposed by the international community will have a wider economic impact than what has been envisaged thus far. The book discusses the effects of Russian gas supply boycotts against Western countries as well as the global effects of an EU energy import boycott on Russia, especially for the Asian continent. An innovative proposal to cut electricity prices is presented. It also explores the challenges to relations between the EU, China and Russia caused by the invasion, the effects of the unfolding refugee crisis (within a post-Brexit EU), military and humanitarian aid pledges to Ukraine, and the risks of reduced multilateralism within the world economy as a direct result of the war. The book also analyzes the risks and benefits of a potential enlargement of the EU to integrate Ukraine as a member state. The topics covered by the book are all set within a long-run view of diplomatic and economic relations between the West, Russia and Ukraine. The factors analyzed here provide a new, broader picture of the international effects of the conflict, as well as its potential implications for policy design as we enter a new global order marked by the Russo-Ukrainian war. The book will be of interest to researchers and policymakers working in International Economics, New Political Economy, European politics and integration, and macroeconomics more broadly. Paul J. J. Welfens is a long-time researcher of Russian economic development and European integration as well as an expert on EU-US and EU-China economic relations. He is President of the European Institute for International Economic Relations (EIIW) at the University of Wuppertal, where he also holds the Jean Monnet Chair in European Economic Integration and the Chair of Macroeconomic Theory and Policy. He is also a Non-Resident Senior Research Fellow at AICGS/Johns Hopkins University, Washington DC.

Embargo. --- International economic relations. --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Embargo --- Trade embargo --- Sanctions (International law) --- Blockade --- Law and legislation --- Economics. --- Power resources. --- Europe—Economic conditions. --- Asia—Economic conditions. --- Political Economy and Economic Systems. --- International Economics. --- Natural Resource and Energy Economics. --- European Economics. --- Asian Economics. --- Energy --- Energy resources --- Power supply --- Natural resources --- Energy harvesting --- Energy industries --- Economic theory --- Political economy --- Social sciences --- Economic man

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"From Thunberg to Trump: there are many voices in climate policy. This is a highly recommendable and rational contribution with a focus on economic aspects of an effective and internationally oriented climate policy. Many new insights!" - Prof. Dr. Raimund Bleischwitz, Chair in Sustainable Global Resources, University College London, till December 2021. Scientific Director, Leibniz Centre for Tropical Marine Research (ZMT), Bremen, since January 2022. This book considers climate change from an economic and international policy perspective. It argues that an emissions trading systems (ETS) should first be adopted in all G20 countries with those national ETS then integrated into a global ETS. The topic of global warming is at the forefront of international discussions, especially given recent environmental policy changes in the US under Presidents Trump and Biden and the emergence of the Fridays For Future movement. Combatting climate change does not necessitate a trade-off between economic growth and climate policy provided that the latter is consistently linked to new economic policy. Policymakers should support innovation, effective redistribution policies and modern mobility concepts. Moreover, there are crucial links between financial market dynamics and price dynamics in ETS. If measures discussed here are coordinated effectively in the EU/G20, and at the global level, then climate neutrality could be achieved. Paul JJ Welfens is President of the European Institute for International Economic Relations (EIIW) at the University of Wuppertal, Germany, where he holds the Chair for Macroeconomics and Jean Monnet Professorship for European Economic Integration. He is a Research Fellow at IZA, Bonn, and Non-Resident Senior Fellow at AICGS/Johns Hopkins University, Washington DC.

Economic policy and planning (general) --- Economics --- Environmental protection. Environmental technology --- economie --- economische politiek --- milieuzorg --- Climatic changes --- Power resources. --- Economic aspects.

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In diesem Buch wird eine klare Analyse der BREXIT-Widersprüche von Premierministerin Theresa Mays Global Britain-Politik und der Rolle der Finanzmärkte - bei Bankenaufsicht in einem Umfeld mit drohendem ITALEXIT und transatlantischen Trump-Handelskonflikten - durchgeführt. Es beantwortet ganz aktuell die wichtigsten Fragen zum BREXIT: Wie ist das historische BREXIT-Referendum in Großbritannien abgelaufen, welches sind die Hintergründe des anstehenden EU-Austritts und welche Folgen für Deutschland, Europa und die Weltwirtschaft sind absehbar? Die BREXIT-Entscheidung ist für Europa ein Jahrhundertereignis, das die EU schwächt und die Machtgewichte global verschiebt. Die EU hat an Anziehungskraft verloren, sie ist nicht im Einklang mit dem 21. Jahrhundert, das asiatisch, digital und innovationsstark ist. Es zeigt sich, dass indirekt ein Weg von der Bankenkrise zur Anti-Immigrationswelle und zum EU-Austritt führte. Zudem war das Referendumsergebnis stark verzerrt von einer grob fehlerhaften Infobroschüre der Cameron-Regierung, die zu erwartenden Einkommensverlust als Effekt eines EU-Austritts verschwieg – mit dieser Information hätte sich eine klare Pro-EU-Mehrheit ergeben. Ein zweites Referendum? EU-Reformen? Nötig ist eine Neo-EU, die besser konstruiert ist. Die 2., erweiterte Auflage mit dem aktuellen Stand der Diskussion zum BREXIT. 　 Paul Welfens hat eine sehr einfühlsame Studie zu den Ursachen – und Folgewirkungen – des BREXIT geschrieben, der offenbar Großbritanniens größter vorsätzlicher Wirtschaftspolitik-Fehler seit der Großen Depression ist. Prof. Dr. Harold James, Department of History, Princeton University 　 Im Buch von Paul J.J. Welfens über den Ausgang des BREXIT-Referendum erfolgt eine schonungslose, nüchterne und kritische Analyse, wie dieses Referendum-Ergebnis zustande kam. Welfens listet die wesentlichen kritischen Punkte auf: Jedem, der sich mit dieser Thematik ungeschminkt und offen beschäftigen will, sei dieses Buch zur Lektüre sehr empfohlen. Prof. Dr. Dr. h.c. mult. Friedrich Schneider, Department of Economics, Johannes Kepler Universität Linz 　 Der Autor Prof. Dr. Paul J.J. Welfens ist Präsident des Europäischen Instituts für Internationale Wirtschaftsbeziehungen (EIIW) an der Universität Wuppertal, dort zudem Inhaber des Jean Monnet-Lehrstuhls für Europäische Wirtschaftsintegration und des Lehrstuhls Makroökonomik. Außerdem ist er Vorsitzender des Instituts des Bundesverbands Deutscher Volks- und Betriebswirte, Düsseldorf, Non-resident Senior Research Fellow am AICGS der Johns Hopkins University, Washington DC sowie IZA Research Fellow, Bonn. Das EIIW steht für mehr als zwei Jahrzehnte preisgekrönte Forschung. Welfens war u.a. geladener Experte des Deutschen Bundestages, des Europäischen Parlaments, der EU-Kommission, des US-Senats sowie des IWF.

Economics. --- Finance. --- Business. --- International business enterprises. --- European Economic Community literature. --- Popular Science in Economics. --- Popular Science in Finance. --- Popular Science in Business and Management. --- International Business. --- European Integration.

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Dieses Buch bietet eine umfassende Analyse der Corona-Weltrezession und zeigt erstmals auf, wie stark verändert die Weltwirtschaft durch die Corona-Schocks sein wird. Die Europäische Union muss – wie die USA und China – mit dem Corona-Schock mehrere Stress-Tests bestehen: medizinisch, ökonomisch, wirtschaftspolitisch. Gründe für die Sterbequoten werden identifiziert. Die Corona-Schocks bringen politische Enttäuschung über die Seuchenpolitik, z.T. eine Abkehr von der Demokratie. Dabei gibt es in der EU noch das Risiko #Eurokrise2 und Druck zu digitalem Strukturwandel sowie verstärkter Klimapolitik: mit mehr Einkommensungleichheit. Corona-Probleme in den USA sollten zu Gesundheitssystem-Reformen führen, während Deutschland und Österreich fürs Erste die Herausforderung gemeistert haben. Die Corona-Epidemie wird politische Narben hinterlassen. Der EU-Gipfel im Juli 2020 steht für widersprüchliche Politik. Der Westen fällt gegenüber Asien zurück. Der Autor Prof. Dr. Paul J.J. Welfens ist Präsident des Europäischen Instituts für Internationale Wirtschaftsbeziehungen (EIIW)/Universität Wuppertal, dort zudem Inhaber des Jean Monnet-Lehrstuhls für Europäische Wirtschaftsintegration und des Lehrstuhls Makroökonomik. Außerdem ist er Vorsitzender des Instituts des Bundesverbands Deutscher Volks- und Betriebswirte, Düsseldorf, Non-resident Senior Research Fellow am AICGS/Johns Hopkins University, Washington DC sowie IZA Research Fellow, Bonn; 2007/08 war er Alfred Grosser Professor am Sciences Po, Paris.

Economic policy. --- Economics. --- Political science. --- Management science. --- International economics. --- Political Economy/Economic Systems. --- Political Science and International Relations, general. --- Economics, general. --- International Economics. --- COVID-19 (Disease) --- International trade. --- Economic aspects --- Political asepcts --- European Union countries --- Economic conditions