Brexit and Its Impact on New Zealand Economy: A Conceptual Analysis

Authors

  • Saida Saida Business Program, Auckland Institute of Studies, Auckland, New Zealand
  • Geetha Subramaniam Faculty of Business and Management, Universiti Teknologi MARA, Selangor, Malaysia
  • Nahian A. Sadman Business Program, Auckland Institute of Studies, Auckland, New Zealand
  • Shahaya Baptist Victoria Business Program, Auckland Institute of Studies, Auckland, New Zealand

DOI:

https://doi.org/10.24191/jibe.v2i2.14449

Keywords:

Brexit, European Union, New Zealand, post-Brexit

Abstract

‘Brexit’ which means exit of United Kingdom (UK) from the European Union (EU) is not only a European issue but has varied implications throughout the world, especially amongst its trading nations. This conceptual paper first discusses pros and cons of Brexit on UK and EU. This is seen in the light of Brexit impact on trade, unemployment rate and inflation rate. It further discusses some of the immediate implication Brexit might have on New Zealand, which is the EU’s third largest trading partner. The discussion is based on the impact post-Brexit may have in terms of trade, employment, GDP and the tourism sector in New Zealand.

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Published

31-12-2017

How to Cite

Saida, S., Subramaniam, G., Sadman, N. A., & Victoria, S. B. (2017). Brexit and Its Impact on New Zealand Economy: A Conceptual Analysis. Journal of International Business, Economics and Entrepreneurship, 2(2), 37. https://doi.org/10.24191/jibe.v2i2.14449

Issue

Vol. 2 No. 2 (2017): December 2017 (3)

Section

Articles

License

Copyright (c) 2017 -

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.