The socio-economic impact of Brexit on CANZUK and the Anglosphere in times of Corona : The case of Canada, Australia and New Zealand

Kohnert, Dirk (2021): The socio-economic impact of Brexit on CANZUK and the Anglosphere in times of Corona : The case of Canada, Australia and New Zealand.

Abstract

ABSTRACT & RÉSUMÉ : Although Britain has been one of the hardest hit among the EU member states by the corona pandemic, Boris Johnson left the EU at the end of 2020. Brexit supporters endorsed the idea of CANZUK, i.e. a union between the UK, Canada, Australia and New Zealand. The CANZUK was embedded in a vision of the revival of the olden days of Great Britain and its role in the ‘Anglosphere’, dating back to World War II and 19th-century British settler colonialism. It is rather doubtful whether the CANZUK members could realize Boris Johnson’s vision of prosperous trade in the ‘Anglosphere’. Besides, there are many open questions, notably on the overall effect of Brexit on CANZUK concerning the socio-economic impact of the global Corona crisis. Last, but not least, will the relative weight of the UK vis à vis other global players like China and India diminish in the medium and long run. After all, the new global focus of international trade will be reallocated from the Atlantic (America and Europe) to the Asian Pacific region, the key player in world economies to come. -------------------------------------------------------------------------------------------------------------------------------- RÉSUMÉ : Bien que la Grande-Bretagne ait été l'un des États membres les plus durement touchés par la COVID-19 pandémie, Boris Johnson a quitté l'UE fin 2020. Les partisans du Brexit ont approuvé l'idée de CANZUK, c'est-à-dire, une union entre le Royaume-Uni, le Canada, l'Australie et Nouvelle-Zélande. Le CANZUK s’inscrivait dans une vision de la renaissance des anciens temps de la Grande-Bretagne et de son rôle dans « l ’Anglosphère », datant de la Seconde Guerre mondiale et du colonialisme des colons britanniques du XIXe siècle. Il est assez douteux que les membres de CANZUK puissent revaloriser la vision de Boris Johnson d’un commerce prospère dans « l’Anglosphère ». En outre, de nombreuses questions restent ouverts, notamment sur l'effet global du Brexit sur CANZUK par rapport à l'impact socio-économique de la COVID-19 crise mondiale. Enfin, le poids relatif du Royaume-Uni par rapport à d'autres acteurs mondiaux, comme la Chine et l'Inde, diminuera à moyen et long terme. Après tout, la nouvelle orientation mondiale du commerce international sera réaffectée de l'Atlantique (Amérique et Europe) à la région Asie-Pacifique, l'acteur clé de l’économie mondiale à venir.

• Item Type: MPRA Paper
• Language: English
• Keywords: Brexit, COVID-19-pandemic, Corona crisis, CANZUK, Canada, Australia, New Zealand, United Kingdom, international trade, customs union, Anglosphere, settler colonialism, white dominions
• Subjects: F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations; F - International Economics > F1 - Trade > F15 - Economic Integration; F - International Economics > F2 - International Factor Movements and International Business > F22 - International Migration; F - International Economics > F5 - International Relations, National Security, and International Political Economy > F52 - National Security ; Economic Nationalism; F - International Economics > F6 - Economic Impacts of Globalization > F68 - Policy; I - Health, Education, and Welfare > I1 - Health; N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations; N - Economic History > N4 - Government, War, Law, International Relations, and Regulation; N - Economic History > N4 - Government, War, Law, International Relations, and Regulation > N40 - General, International, or Comparative; O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O24 - Trade Policy ; Factor Movement Policy ; Foreign Exchange Policy; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies; Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification

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