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Brexit
Brexit
Brexit collectively refers to the withdrawal of Britain from the European Union. The
main event “”Brexit” took place on 31st Jan, 2020. The withdrawal was thereby supported
by the voters such that majority voters voted in favor of this particular move. The poll
went by 52-48% where 52% voted in favor and the remaining didn’t. However, this a
particular scenario also had positive as well as a negative impact on the market such that
currency rates were affected and questions arose regarding the working of Brexit (Riley,
2016). After the poll results, Prime Minister of the UK resigned from his position and
Theresa May took his post who also negotiated about the exit of the Britain from the EU.
After these uncertain events that took place, a transition period took place of about 11
months and it was stated that in December 2020 all the areas shall be defined about
financial services, safety standards etc. that these contracts have to be finished (Hutton,
2020). Afterwards, a pact was reached out by the Europe and UK such that an agreement
was signed and approved regarding the trade deal which had to take place. This trade deal
was termed as TCA “Trade and Cooperation Agreement.” It was approved by the
The members/state actors for the European Union include Germany, France, Poland,
members. Moreover, Brexit has also been highly influenced by players like Boris
Johnson, David Frost, Theresa May, Michael Barnier, Kier Stormier, Charles Michel,
In my opinion, Brexit is best explained by the theory of realism. The theory states the
aspects of the international relations such that national interests play a key role in
providing knowledge about an interest that all nations are motivated as a result of that.
When, the poll went in favor of the withdrawal it is one of the most un-predictive event at
that time. Being considerate about that particular aspect it at first seemed as if it was
more like a nationalist based review but in reality it was a lot more related to realism.
However, Pauline (2019) in his thesis and research findings “British Foreign Policy in the
Context of Brexit: Realism or Irrationality? The Return to Realism?” have concluded the
findings that is it really related to realism or not. In his particular findings an empirical
study was carried in order to conclude a result from the provided data (Schnapper, 2019).
This data unveiled a lot of new mysteries that claimed many hidden facts which were not
at all known by them. Being considerate about the findings, it was first found out that the
first category was old and young individuals. Old aged individuals voted in favor of
Brexit whereas young aged individuals didn’t. The second study was regarding the cities
i.e. rural and urban towns. So, urban cities voted in favor whereas rural cities were
against it. The third study was carried on between individuals possessing higher and
secondary education individuals voted to leave. Thus, the voting gave rise to uncertainty
while being considerate about the “British Foreign Policy.” Conclusively, the withdrawal
of Britain from the European Union is best explained by Realism. It is because of the fact
that the theory enlightens the UK politicians and governors to carefully consider facts in
case of any uncertainty encouraging them to hold reality as their center of prediction and
References
Hutton, R. (2020). The Roots of Brexit. Retrieved from https://www.bloomberg.com/quicktake/will-uk-
leave-eu
Riley, A. (2016). The European Causes of the Brexit Vote. Brexit: Causes and Consequences. Retrieved
from https://www.cidob.org/publicaciones/serie_de_publicacion/notes_internacionals/
n1_159/brexit_causes_and_consequences
Schnapper, P. (2019). British Foreign Policy in the Context of Brexit: Realism or Irrationality?: The Return
to Realism? Retrieved from
https://www.researchgate.net/publication/326814676_British_Foreign_Policy_in_the_Context_
of_Brexit_Realism_or_Irrationality_The_Return_to_Realism