"Roubini Econo Monitor", 2016, July 6
2 Pages Posted: 13 Aug 2016
Date Written: August 9, 2016
A generation ago, in the second half of the 80s, hardly anyone would predict the fall communism and the disintegration of the Soviet Union. Quite the contrary. Yet a whole current of interdisciplinary knowledge quickly emerged and developed: transitology. What became a prevalent desire of those working in social sciences, especially economics – from humble foot soldiers to luminaries – was the wish to have at least one paper about the transition from the socialist system to the capitalist one. History never repeats itself but something similar is taking place now. Undoubtedly, Brexitology will emerge, an interdisciplinary knowledge about the determinants, course and numerous implications of the United Kingdom leaving the European Union. These are implications that go far beyond that country and the European integration grouping, and far beyond the foreseeable future.
Keywords: Brexit; Transition: Crisis; Globalization; World Economy; Economic Policy; Institutions
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