On the Political Economy of Brexit
This talk brings together seven years of work on understanding the political economic forces that have led to the UK's exit from the European Union in 2020. A common theme across populist surges across the West is the resonance that populist campaigns have with voters in so-called left-behind regions. The focus on cross-sectional patterns, however, often masks understanding the wider social-, economic and political developments that give rise for the necessary conditions of populist revolts to emerge. With regard to the UK the talk will emphasize the combination of domestic economic- and political forces at play that created the necessary condition for an EU referendum to be held in the first place and not just attempt to explain the EU referendum vote outcome. It aims to cast a look behind popular narratives on the causes of Brexit and how these relate to similar social- and economic developments in other countries struggling with populist surges across Europe and elsewhere.
Thiemo Fetzer is a Professor in the Economics department at the University of Warwick and a Visiting Fellow at the London School of Economics.
Please note that this event takes place in English only with no translation.
The event is part of the WZB Talks series.
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