Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that markets have absorbed the initial economic shock from Brexit, but navigating the new landscape will remain a challenge. Two months after the vote, the politics of Brexit is producing a lengthy and uncertain renegotiation of Britain’s place in Europe and the world. Such extended uncertainty is likely to produce a long-lasting drag on both UK and European economies, which could ultimately threaten the viability of the European Union (EU).
The fallout between the United States and Turkey after the failed coup demonstrates that Ankara and Washington no longer share values or interests, writes CFR’s Steven A. Cook with Michael J. Koplow. It is time for the United States to search for more reliable allies.
The recent coup attempt in Turkey would not have ended democracy in the country, argues CFR’s Steven A. Cook. As President Recep Tayyip Erdogan has undermined whatever democratic progress Turkey has made in the early 2000s, there was no democracy for Turkey to lose.
While Egypt’s military leaders demonstrated unity of purpose when they overthrew President Mohammed Morsi in 2013, the officers involved in the recent coup attempt in Turkey were proven weak and divided, writes CFR’s Steven A. Cook. Key differences in the political role and public support of the Egyptian and Turkish militaries explain why one successfully overthrow an elected government and the other failed to.
Major tests lie ahead for Turkey's relations with the United States and European Union as President Recep Tayyip Erdoğan can be expected to consolidate power following a coup attempt, says expert Kemal Kirisci.
Three months ago, before Britain descended into its “Game of Thrones”-esque madness, Theresa May delivered a speech on her country’s place in Europe — on sovereignty, prosperity and the dilemma of a midsize nation in an era of globalization. Unlike those campaigning for Britain to leave the European Union, she wielded real statistics, not fake ones.
Reacting to the Brexit vote, critics question whether the UK deserves a UN Security Council seat. If the British do not deserve a seat, then the Russians certainly do not, Elliott Abrams writes in National Review.
The United Kingdom's vote to leave the EU demonstrates that rising populism in Europe and the United States are both driven by voters who feel alienated from the benefits of globalization, says CFR's Edward Alden.