$5

Brexit and its Global Consequences

Event Information

Share this event

Date and Time

Location

Location

Irish American Heritage Museum

370 Broadway

Albany, NY 12207

View Map

Friends Who Are Going
Event description

Description

Join Irish-born, Boston College Visiting History Professor, Peter Moloney, for an interesting look at the landscape of Modern Europe.
In March, British Prime Minister, Theresa May, triggered the mechanism that officially launched the UK on an irreversible path towards exiting the European Union, the world’s largest free-trade zone, featuring over half a billion inhabitants. Article 50, as the mechanism is officially called, brought to an end the diplomatic shadow boxing that had dominated British political life since the June referendum. The divorce process will become a reality and the most complex set of negotiations ever held among modern sovereign states will commence in earnest.
The progress of Brexit will have an impact far beyond Europe. It is the first time any member state has left the EU and a fascinating litmus test of what an individual independent state can actually achieve in a world where the post-war globalization order is facing significant challenges.
For the United States, it poses several critical questions. First, like watching close friends divorce, the US may be unwillingly drawn into the diplomatic and trade battles that lay ahead. After decades of promoting closer European cooperation, how will the US government deal with the first significant disintegration of the historically successful European integration model? Second, what does this mean for American trade with Europe, its single largest trading partner? With the joint US-EU economies accounting for half of global GDP and one third of total global trade, this relationship is critical to global stability and economic growth.
A messy Brexit could have serious consequences for American businesses and consumers. In preparation, the American public needs to be aware of what’s at stake for them and their country
Share with friends

Date and Time

Location

Irish American Heritage Museum

370 Broadway

Albany, NY 12207

View Map

Save This Event

Event Saved