Chapter 3: Britain and EUexit – The People Versus the EU

Torben M. Andersen, Giuseppe Bertola, Edward Driffill (), Clemens Fuest, Harold James, Jan-Egbert Sturm and Branko Uroševic

EEAG Report on the European Economy, 2017, 67-81

Abstract: The unexpected majority vote for “Leave” in last June’s referendum on the UK’s exit from the EU sent shockwaves across the globe. Will Brexit strike a blow to European integration, or will it make “ever closer union” easier to achieve for the remaining EU members? Brexit certainly highlighted the pressing need for a clear vision that delivers results if Europe is to enjoy the continued support of its citizens. This chapter looks at the determinants and implications of Brexit for the economic wellbeing of the UK and other EU states and considers Europe’s options for the future.

Date: 2017
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