The recent
triggering of Article 50 of the European Union’s Lisbon Treaty by
the United Kingdom has formally set into motion the process of
Britain’s departure from the EU, an action that is in line with the
result of last June’s referendum, where 52 percent of British
voters chose to leave the union.
Europe is
now faced with the prospect of a turbulent period ahead, with the
upcoming French presidential elections and the possibility of a
victory for populist candidate Marine Le Pen, as well as snap
parliamentary elections declared in the UK, German elections in
September, a rising tide of Euroscepticism across the continent and
the process of Brexit now formally put into motion.
Economist
Roger Bootle, chairman of Capital Economics in London and specialist
adviser to the British House of Commons Treasury Committee, is the
lead author of the report “Leaving the euro: a practical guide,”
which was awarded the prestigious Wolfson Prize in Economics in 2012.
The report presents a comprehensive proposal for how any eurozone
member could depart the zone in an orderly fashion. Bootle discussed
his findings extensively in a March 2015 interview with Dialogos
Radio.
MintPress
News recently had the opportunity to speak with Bootle, in an
interview that also aired on Dialogos Radio, about the prospects of
the British economy following Brexit and the future of the EU and
eurozone following Britain’s upcoming departure.
Interview:
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