Mamoun Benmamoun, Ph.D.
Assistant Professor of International Business - Boeing Institute of International Business
The European Union is at a time of drastic change; there’s a refugee crisis that's divided the continent, economic and unemployment woes, and most notably Britain is starting the process of leaving the EU, beginning with the successful “Brexit” campaign in June 2016. To get the whole scope of a story, it is good to find differing viewpoints to engage in dialogue. I discussed these factors with Jens Gieseke, a German politician of the European People’s Party (Christian Democrats), and Petr Mach, an economist and leader of the Free Citizens Party in the Czech Republic, in order to get their point of view on the issues affecting the EU.
The UK and EU are at a crossroads today. The combination of economic and financial crisis, anxiety and public concerns regarding immigration and multiculturalism, dissatisfaction with the political systems in place, and the prospect of a Brexit have amplified uncertainty regarding the future of the EU. The referendum results reflect the growing tension and divide between the forces for integration and the forces for separation within EU. At stake is far more than the economy. The results pose a novel and serious challenge to the unity of the world’s most integrated regional bloc that was designed, primarily, to promote peace and harmony in Europe. Indeed, chances of a Balkanized E.U. and another exit within the EU increase with UK Referendum.