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Article

Brexit and Power in the Council of the European Union

1
Institute of Economics, Centre for Economic and Regional Studies, Tóth Kálmán u. 4., H-1097 Budapest, Hungary
2
Department of Finance, Faculty of Economic and Social Sciences, Budapest University of Technology and Economics, Magyar Tudósok Körútja 2., H-1111 Budapest, Hungary
Academic Editor: Maria Montero
Received: 9 April 2021 / Revised: 4 June 2021 / Accepted: 11 June 2021 / Published: 21 June 2021
(This article belongs to the Special Issue Weighted Majority Voting Games)
The exit of the United Kingdom from the European Union has had profound economic and political effects. Here, we look at a particular aspect, the power distribution in the Council of the European Union. Using the Shapley–Shubik power index, we calculate the member states’ powers with and without the United Kingdom and update earlier power forecasts using the Eurostat’s latest population projections. There is a remarkably sharp relation between population size and the change in power: Brexit increases the largest members’ powers while decreasing the smallest ones’ powers. View Full-Text
Keywords: European Union; Council of the European Union; qualified majority voting; power index; a priori voting power; demographics European Union; Council of the European Union; qualified majority voting; power index; a priori voting power; demographics
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MDPI and ACS Style

Kóczy, L.Á. Brexit and Power in the Council of the European Union. Games 2021, 12, 51. https://0-doi-org.brum.beds.ac.uk/10.3390/g12020051

AMA Style

Kóczy LÁ. Brexit and Power in the Council of the European Union. Games. 2021; 12(2):51. https://0-doi-org.brum.beds.ac.uk/10.3390/g12020051

Chicago/Turabian Style

Kóczy, László Á. 2021. "Brexit and Power in the Council of the European Union" Games 12, no. 2: 51. https://0-doi-org.brum.beds.ac.uk/10.3390/g12020051

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