1. Home
  2. Studies
  3. The British Go it Alone in Europe
Berthold Busch IW-Analyse No. 137 28. July 2020 The British Go it Alone in Europe

On 31 January 2020 the United Kingdom formally separated from the European Union. Having abandoned its role as an outsider in (western) European integration to join the then European Economic Community (EEC) in the early 1970s, the country proved to be a difficult member that was ultimately no longer prepared to support the further deepening of European integration.

Download PDF
The British Go it Alone in Europe
Berthold Busch IW-Analyse No. 137 28. July 2020

The British Go it Alone in Europe

IW-Analyse

Download PDF

Share this article:

or copy the following link:

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

On 31 January 2020 the United Kingdom formally separated from the European Union. Having abandoned its role as an outsider in (western) European integration to join the then European Economic Community (EEC) in the early 1970s, the country proved to be a difficult member that was ultimately no longer prepared to support the further deepening of European integration.

However, it is worth remembering that the United Kingdom was a forceful advocate of liberalising economic relations in the internal market and enlarging the European Union. Following their departure, the British are now free to negotiate trade agreements with the rest of the world, which they see as a promising route to economic prosperity. Indeed, even before Brexit, British foreign trade was moving away from the EU and towards third countries. Yet continental Europe is still the island nation’s most important trading partner and both sides must therefore seek a meaningful framework for future economic cooperation. The manuscript of this Analysis was completed in early March 2020.

Download PDF
The British Go it Alone in Europe
Berthold Busch IW-Analyse No. 137 28. July 2020

Berthold Busch: Der britische Sonderweg in Europa

IW-Analyse

Download PDF

German Economic Institute (IW) German Economic Institute (IW)

Share this article:

or copy the following link:

The link was added to your clipboard!

More on the topic

Read the article
Challenging times for the US and EU - Where are the economic and monetary policies headed?
Sandra Parthie Event 21. November 2022

panel discussion: Challenging times for the US and EU - Where are the economic and monetary policies headed?

The Russian war of aggression on Ukraine triggered massive price increases. But even before that, there were high inflation risks due to the Corona pandemic and creeping deglobalization. How should governments and central banks respond now?

IW

Read the article
Sandra Parthie Event 7. November 2022

Reinventing EU economic governance: What will become of the Stability and Growth Pact?

In the framework of the Spring 2022 European Semester package, the Commission announced the far-reaching decision to continue applying the general escape clause of the EU fiscal rules. This means that the deficit and debt rules can be ignored by the member ...

IW

More about this topic

Content element with id 8880 Content element with id 9713