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The Final Brexit Question
Report

The Final Brexit Question

The Known Plan A to Remain or the Unknown Plan B to Leave

Michael Emerson
CEPS, 2016
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Editorial Rating

8

Qualities

  • Analytical
  • Eye Opening
  • Overview

Recommendation

Many of the consequences of Brexit – a decision by the United Kingdom to leave the European Union – would be momentous, as senior research fellow Michael Emerson points out in his illuminating paper. He notes that the status quo gives the UK what it wants, while opting out of the EU may very well wreak havoc on the country. He meticulously spells out the various options available and their possible effects. getAbstract recommends Emerson’s thoughtful report, written before the Brexit vote, to those who seek to understand the choices facing Britons.

Take-Aways

  • The United Kingdom already has most of what it wants as a European Union member: participation in the European single market and in setting the group’s foreign and political policy without partaking in the euro or in the Schengen area of open borders.
  • Severing all bonds with the EU immediately would result in uncertainty, confusion and an enormous legal vacuum in the UK.
  • Opting to cut its political ties with the EU while remaining economically linked would mean the UK would still have to follow EU rules and contribute to the bloc’s budget, but with no input into EU policy.

About the Author

Michael Emerson is an associate senior research fellow at the Centre for European Policy Studies.

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