BREXIT: OPPORTUNITY OR EXCLUSION FOR AMERICAN FIRMS

  Description: On June 23rd of last year, the United Kingdom voted through a referendum to leave the Eu'opean Union- ‘Brexit’ and the resulting paradigm shift provides fertile ground to understand globalization, financial markets, international cultue, political economy, foreign direct investment, the foreign exchange market, foreign market entry and the firm level strategies pertinent to international business- In this London residency we will focus on these major international business topics pertinent to managing in a global context. London as the location provides a historic context that few other cities in the world can claim- From its position as capital of the Commonwealth, its architectually brilliant buildings, London as a sporting epicenter (Wimbledon will be happening at the time of the visit), its gastronomical boasts, its literary legacy and its famed historical artifacts that lie around every corner- The trip will endeavor to sample as much cultu'al offerings as is feasible in a narrow amount of time- In the words of Samuel Johnson: ‘When a man is tired of London, he is tired of life’- In a business context, London has long been considered the financial and media capital of Eu'ope- Global tech, finance and media companies have large offices there, and it's an English-speaking gateway for American firms doing business on the continent- With single market access at risk because of Brexit, what consequences will there be for firms in the media business or for the media sector in London? Will financial institutions need to look elsewhere for data, regulatory and passporting solutions? The UK Government has been vocal about its role in shaping the country’s digital transformation, backing new technologies, investing in infrastructue, supporting investment, removing barriers to innovation and helping upgrade the digital skills that a modem work force needs- How will the uncertainty facing the UK affect the short-term and long-term futu'e of one of Eu'ope’s strongest economies? two page (single-space, Palatino Linotype Font, Font size 11, 1-inch margins, excluding appendices and bibliography) on the topic: 0 ‘Brexit: Opportunity or Exclusion for American Firms?’