Monetary and financial contexts of Britain's exit from the European Union

AbstractThe election was one of the most important events since the formation of the European Convergence and Unification Project and the worst decision in recent years in the European Union. This is a European Heritage project by former British Prime Minister David Cameron. Britain's controversial move to leave the EU, which found strong supporters and opponents in parliament, parties and even among the people, began in 2015 and was completed in 2020. Accordingly, in this article, an attempt has been made to examine the monetary-financial contexts of Brexit. Thus, the authors of the article seek to answer the question based on the descriptive-analytical method, emphasizing the integration of the theory of convergence and divergence using the collection and analysis of the obtained information. Our hypothesis has also been that the roots of the election should be sought more in British nationalism, the desire for special relations with the United States, the financial crisis in Europe and the euro, and the ambiguity in the British economic future.