Research Article

The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries

Volume: 3 Number: 2 December 31, 2025
TR EN

The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries

Abstract

Brexit has led to economic fluctuations across European Union countries. This study conducts a comparative analysis of the impact of Brexit on the economies of Germany, France, the Netherlands, Belgium, Italy, Spain, and Portugal. Using descriptive statistical methods, the study examines the pre-Brexit (2013–2015) and post-Brexit (2017–2019) periods for the European representatives of the G7 (G7-EU). Key macroeconomic indicators such as growth, unemployment, trade balance, and public debt are evaluated, revealing that the economic effects of Brexit vary across countries. By contributing to the understanding of post-Brexit economic dynamics, this study provides a comparative perspective on the economic consequences for EU countries, offering a significant addition to the literature.

Keywords

References

  1. Alakbarov, N. (2018). Brexit’in Politik Ekonomisi. İstanbul: İktisadi Kalkınma Vakfı
  2. Balkır, C. (2021). Brexit: Ekonomik Çözülme veya Yeniden Dirilişin İlk Adımı. Ankara Avrupa Çalışmaları Dergisi 20, 209-43.
  3. Born, B., Müller, G. J., Schularick, M., & Sedláček, P. (2019). The Costs of Economic Nationalism: Evidence from the Brexit Experiment. The Economic Journal, Royal Economic Society, 129(623), 2722-2744.
  4. Brakman, S., Garretsen, H., & Kohl, T. (2018). Consequences of Brexit and options for a ‘Global Britain’. Papers in Regional Science, 97(1), 55–72
  5. Breinlich, H., Leromain, E., Novy, D. & Sampson, T. (2022). The Brexit Vote, Inflation and U.K. Living Standards. International Economic Review, 63, 63-93.
  6. Bussière, M., Ca’Zorzi, M., & Chudik, A. (2013). The Effect of the Global Financial Crisis on European Trade. European Economic Review, 64, 1-22.
  7. Büyükçiçek, M. (2009). Avrupa Kömür ve Çelik Teşkilatı’ndan (AKÇT) Reform Antlaşması’na Entegrasyonun Yönü. Yüksek Lisans Tezi, Selçuk Üniversitesi, Konya
  8. Chen, W., Los, B., McCann, P., Ortega Argiles, R., Thissen, M., & van Oort, F. (2018). The Continental Divide? Economic Exposure to Brexit in Regions and Countries on Both Sides of The Channel. Papers in Regional Science, 97, 25-54.

Details

Primary Language

English

Subjects

Macroeconomics (Other), Political Economy, European Union Economy, International Economics (Other)

Journal Section

Research Article

Publication Date

December 31, 2025

Submission Date

April 22, 2025

Acceptance Date

December 22, 2025

Published in Issue

Year 2025 Volume: 3 Number: 2

APA
Durğun, H. (2025). The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries. İktisadi Araştırmalar Dergisi, 3(2), 24-35. https://izlik.org/JA22AL33DN
AMA
1.Durğun H. The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries. İktisadi Araştırmalar Dergisi. 2025;3(2):24-35. https://izlik.org/JA22AL33DN
Chicago
Durğun, Hasan. 2025. “The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries”. İktisadi Araştırmalar Dergisi 3 (2): 24-35. https://izlik.org/JA22AL33DN.
EndNote
Durğun H (December 1, 2025) The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries. İktisadi Araştırmalar Dergisi 3 2 24–35.
IEEE
[1]H. Durğun, “The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries”, İktisadi Araştırmalar Dergisi, vol. 3, no. 2, pp. 24–35, Dec. 2025, [Online]. Available: https://izlik.org/JA22AL33DN
ISNAD
Durğun, Hasan. “The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries”. İktisadi Araştırmalar Dergisi 3/2 (December 1, 2025): 24-35. https://izlik.org/JA22AL33DN.
JAMA
1.Durğun H. The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries. İktisadi Araştırmalar Dergisi. 2025;3:24–35.
MLA
Durğun, Hasan. “The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries”. İktisadi Araştırmalar Dergisi, vol. 3, no. 2, Dec. 2025, pp. 24-35, https://izlik.org/JA22AL33DN.
Vancouver
1.Hasan Durğun. The Economic Implications of Brexit: A Comparative Macroeconomic Assessment of European Countries. İktisadi Araştırmalar Dergisi [Internet]. 2025 Dec. 1;3(2):24-35. Available from: https://izlik.org/JA22AL33DN