Brexit and the future of European integration

Brexit and the future of European integration

Thursday, 1 December 2016 - 5:00pm
Venue: 
Seminar Room, European Studies Centre, 70 Woodstock Road, Oxford OX2 6HR
Speaker(s): 
Russell Kincaid (Former IMF)
Francisco Torres (LSE)
Chair: 
Charles Enoch (St Antony’s College, Oxford)
Convenor: 
Adam Bennett (St Antony’s College, Oxford); David Vines (Balliol College, Oxford)
Series: 
Political Economy of Financial Markets (PEFM)

Abstract
Regardless of the precise terms of the UK’s exit from the EU, Brexit will have important implications—challenges and opportunities—for the future of economic, financial, and political integration under taken by the remaining EU members.  Will Brexit produce centripetal or centrifugal forces that promote faster, deeper EU integration or lead to the opposite result? What lessons/reforms will, or should, be adopted by the EU in response to Brexit? This seminar explores Brexit’s implications for the EU’s future from a European perspective (Francisco Torres) and a trans-Atlantic viewpoint (Russell Kincaid).

Russell Kincaid is a former director at the International Monetary Fund (IMF), where his responsibilities were to assess the effectiveness of the risk management, control, and governance processes of the IMF. He also served as the secretariat for the IMF's risk management committee. He is a member of several professional bodies, a past member of the Editorial Board of IMF Staff Papers, taught at Columbia University, and was a visiting fellow at the DG ECFIN in the European Commission.

Francisco Torres is Visiting Senior Fellow in European Political Economy at the European Institute, London School of Economics and Political Science (LSE) and a Senior Member and PEFM Associate at St Antony’s College, Oxford. He is also Visiting Associate Professor at Universidade Nova in Lisbon and an EU Steering Committee Member of the ECPR. He has written a few articles on Brexit, namely in Intereconomics (here).