“What to Expect After the Brexit is republished with permission of Stratfor.”

“Over the longer term, the main effect of the British referendum will be geopolitical. Without Britain, the European Union will be missing a liberal, market-friendly member, potentially shifting the balance of power in the bloc to the more protectionist economies in the south. This could exacerbate tension between Northern and Southern Europe, which are already at odds over issues such as the Schengen Agreement and the management of the eurozone. A European Union without the United Kingdom will also be less relevant at the international level, as the bloc is about to lose one of its few members that has a true global presence militarily, diplomatically and economically. By the time London and Brussels end the negotiations over their disconnection, the Continental bloc will look very different from how it looks today.”

“<a href=”https://www.stratfor.com/analysis/what-expect-after-brexit”>What to Expect After the Brexit</a> is republished with permission of Stratfor.”