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The Future Of The United Kingdom Outside The European Union

Author

Listed:
  • POPA Cristina Elena

    (Lucian Blaga University of Sibiu)

Abstract

Being a EU member comes with a lot of economic benefits, but with the political cost of giving up some sovereignty. The majority of UK citizens considered the sacrifice too big and on June 2016 voted for UK's exit from the EU. As the EU is the main commercial partner of the UK, the Government will focus its energy to ensure the best possible outcome for the British people in the negotiations. The separation process is complex, will take years to finish and nobody may know for sure what will be UK's future outside European Union.

Suggested Citation

  • POPA Cristina Elena, 2016. "The Future Of The United Kingdom Outside The European Union," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(6), pages 118-132, December.
    • Handle: RePEc:blg:reveco:v:68:y:2016:i:6:p:118-132
    as

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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/68610popa.pdf
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    References listed on IDEAS

    as
    1. Swati Dhingra & Thomas Sampson, 2016. "Life after Brexit : What are the UK’s options outside the European Union?," CEP Brexit Analysis Papers 01, Centre for Economic Performance, LSE.
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    More about this item

    Keywords

    Brexit; European Union; referendum; single market; trade agreement;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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