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Brexit

The outcome of the British referendum on European Union (EU) membership has sent shockwaves across the globe that are still reverberating. Politically, the two major political forces in Westminster, the Conservative and Labour parties, are in disarray about how to shape UK’s ongoing relationship with the EU once we leave. Prime Minister Theresa May faces the daunting task of organising the British exit from the EU whilst keeping her party and country together. There are question marks over not only Britain’s new relationship with the EU, but also our partners within the British Union. Hot on the heels of the Brexit vote came the election of Donald Trump as president of the United States of America. This has been widely …

When Britain will put forward its Brexit proposing in the spring of 2017, it should consider membership in a reformed European Economic Area, argues Michael Starks. Economic stability within a reformed EEA, which recognised the legitimate concerns of non-EU countries over open-ended migration from the EU, could provide either an interim or a permanent status for the UK in 2019. In 2017 the UK will put its opening Brexit proposal to the other 27 members of the European Union. On present evidence, the British government will ask for an agreement tailor-made for Britain, not something off-the-shelf. Theresa May, the prime minister, will look to forge a deal combining control on immigration numbers from EU countries whilst also maximising, sector by …

The decision of the United Kingdom (UK) to leave the European Union (EU) in the referendum of June 23rd 2016 has reverberations well beyond Europe as a political and economic shock of substantial proportions. The future relationship of China, both with the remaining member states of the EU and with the UK, is one example of how a domestic political decision is having global ramifications as change ripples through the international system. Overarching any analysis about the impact of Brexit must be a sense of caution about what still remains unknown over the shape of future policy outcomes. Two cross-cutting factors are particularly important: the first is a legal and political one – what will the resulting settlement between the …

The United Kingdom joined the European Economic Community (as it then was) on 1 January 1973 after negotiations by the Conservative government led by Edward Heath. In the run up to the subsequent 1974 General Election the Labour Party pledged, in its manifesto, the United Kingdom’s first nationwide referendum on whether to stay part of the Economic Community on renegotiated terms or to completely part company. With a Labour victory, the new Prime Minister, Harold Wilson, followed through on his promise and a referendum was held on 5 Jun 1975. The outcome was an overwhelming victory (67%) for the ‘In’ campaign. The 1975 vote in favour of Europe did not, however, end the debate on the United Kingdom’s membership of what …

On 6 September 2016 Professor Derrick Wyatt QC presented evidence to the House of Lords EU Select Committee on Parliamentary Scrutiny of the Brexit negotiations. In this article, Professor Wyatt summarises his contribution. A video of the oral evidence session is included below the article. When the uk triggers article 50, formal negotiations on a withdrawal agreement and a future trade agreement will begin When I last wrote for this blog about Brexit and the Article 50 process, shortly after giving evidence to the House of Lords EU Select Committee, I was writing about something that might happen. Now, more than two months after the referendum decision to leave the EU, I am writing about something that will happen.  Once Article 50 …

There is no shortage of lessons to be learned from Brexit and its fallout – for politicians, businesses and the public alike. For strategists, analysts and advisors, these past few weeks have provided a host of examples of both good and bad practice. Surveying recent events, four take-aways stand out: 1) Forecast, don’t predict No one predicted this. Nor did the polls or the betting markets. Even the leaders of the Leave campaign did not predict Brexit. More than this, though, no one predicted that within weeks of a vote all of the Leave campaign’s victorious leaders would have resigned from the field and a new Prime Minister (who supported Remain, however quietly) would be installed in Downing Street. Polling …

Cross-posted from the Princeton University Press blog. The authors of Political Turbulence discuss how the explosive rise, non-normal distribution and lack of organization that characterizes contemporary politics as a chaotic system, can explain why many political mobilizations of our times seem to come from nowhere. On 23rd June 2016, a majority of the British public voted in a referendum on whether to leave the European Union. The Leave or so-called #Brexit option was victorious, with a margin of 52 per cent to 48 per cent across the country, although Scotland, Northern Ireland, London and some towns voted to remain. The result was a shock to both leave and remain supporters alike. US readers might note that when the polls closed, the odds on futures markets of Brexit (15 per cent) …

The optimum way for the United Kingdom to exit the European Union is by leading a reform of the European Economic Area (EEA). Could this deliver what the Leave voters want? If it could, why would the other 27 EU members ever agree to it? I argue that it could and they may. This outcome is by no means certain and, as in any negotiation, we need a second-best alternative in reserve, but we can only achieve the optimum answer by setting out now to get it. Win-win-win Prime Minister Theresa May has been very clear about adhering to 52% of the electorate that voted for Brexit: she will lead the UK out of the EU. She has also vowed …