BREXIT: what does it mean for regional integration and South Asia?

Open Access

Abstract

On June 23, 2016, the people of the United Kingdom of Great Britain (UK) - mostly those residing in England and Wales - held a referendum that resulted in an overall vote to leave the European Union (EU). This socalled 'BREXIT', a fusionist portmanteau of the words 'Britain' and 'exit', properly coined on the pattern of GREXIT (referring to the potential exit of Greece from the EU), clearly indicates that the European project of regional integration reached a pivotal moment in time. There is no doubt, that BREXIT will have significant impact on the economic and political trajectories of Great Britain, the EU, and on the relations of Europe with the rest of the world.