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The Scope and Specificity of Economic Relations Between the EU and the United Kingdom in Brexit Case

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Abstract

The scientific research problem was formulated: how to explain controversial UK position regarding the membership in the EU? The aim of the study is to prognosticate the future of economic international relations between the EU and the UK in Brexit case. The tasks of the study are to systemise the dynamics of the EU and the United Kingdom economic relations in the perspective of history; to predict possible EU-UK relations scenarios after the Brexit; as well as to investigate the opinion of experts regarding the research object. The research methods used: literature analysis, focusing on primary sources but also including secondary sources; survey of experts using structured questionnaires with closed questions. The design of the study is formed in chronological order. It includes a historical analysis of the UK’s road to the European Communities, as well as the dynamics of the UK’s membership in the EU. The study also includes analysis of secondary sources to identify the most conceivable Brexit strategy, and then analysing the possible impacts of the most probable scenarios, which are based on that strategy. The key results address a few propositions. To begin with, although British were among the conceptualists of European integration, it took almost 20 years when the UK finally became a member of the developing EU. Those two decades had negative economic implications for British economy as it missed out opportunities provided by the common market. The eventual UK membership boosted most of the numbers concerning the British economy, however, disagreements with the EU still existed, particularly through issues of EU Budget contributions and immigration. Moreover, the “hard” Brexit is understood as the most probable Brexit strategy. In this case, the future EU-UK relation scenarios range is very limited. It includes a presumable Free Trade Agreement or bilateral trade based on World Trade Organization rules. We conclude that neither of those two solutions would ensure the UK trade with EU without tariffs or quantitative restrictions.

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Notes

  1. 1.

    See Crafts (2016), p. 1.

  2. 2.

    Read Vitkus (2013), pp. 84–85 and Ehring (2002), p. 921.

  3. 3.

    Dedman (2006).

  4. 4.

    For details read Johnson (2015).

  5. 5.

    See Dedman (2006), p. 16.

  6. 6.

    See Dedman (2006), pp. 20–21.

  7. 7.

    For a more detailed analysis read Johnson (2015), Chapter 17 “The Wooing of America”.

  8. 8.

    See Dedman (2006), p. 25.

  9. 9.

    For details read Vitkus et al. (2008).

  10. 10.

    See Dedman (2006), p. 22.

  11. 11.

    To find more numbers about the Marshall Plan read Daugėlienė (2011), pp. 18–19.

  12. 12.

    To find more details about ECA and OEEC, read Vitkus et al. (2008), Daugėlienė (2011), Gifford (2016), Young (2015).

  13. 13.

    See Dedman (2006), p. 28.

  14. 14.

    Vitkus et al. (2008), p. 202.

  15. 15.

    Read Johnson (2015), Chapter 20 “Churchill the European”.

  16. 16.

    See Dedman (2006), p. 57.

  17. 17.

    For more details read Pukelienė (2008).

  18. 18.

    See Dockrill and Young (1989), p. 2.

  19. 19.

    Dedman (2006) and Gifford (2016).

  20. 20.

    Dockrill and Young (1989), p. 6.

  21. 21.

    See Dedman (2006), p. 106.

  22. 22.

    See Dedman (2006). pp. 107–110.

  23. 23.

    Dedman (2006), p. 110.

  24. 24.

    Vitkus et al. (2008).

  25. 25.

    See Dedman (2006), p. 111.

  26. 26.

    To read more see Dedman (2006).

  27. 27.

    For more analysis read Young (2015), pp. 1253–1275.

  28. 28.

    Vitkus (2013), p. 84.

  29. 29.

    See Dedman (2006), p. 106.

  30. 30.

    Crafts (2016), p. 1.

  31. 31.

    For a more detailed information read Dedman (2006).

  32. 32.

    See McDonald and Deardem (2005), p. 329.

  33. 33.

    McDonald and Deardem (2005), p. 334.

  34. 34.

    Crafts (2016), p. 15.

  35. 35.

    Research made by Badinger (2005), p. 53.

  36. 36.

    For a more detailed information read Crafts (2016).

  37. 37.

    Webb et al. (2016), p. 3.

  38. 38.

    Vitkus (2013), p. 85.

  39. 39.

    For a detailed analysis read Vitkus et al. (2008).

  40. 40.

    Dedman (2006).

  41. 41.

    Webb et al. (2016), p. 9.

  42. 42.

    Read Begg (2016), pp. 39–47.

  43. 43.

    See Webb et al. (2016), p. 10.

  44. 44.

    Kierzenkowski et al. (2016), p. 14.

  45. 45.

    Kierzenkowski et al. (2016), p. 25.

  46. 46.

    To get more information read Vitkus et al. (2008).

  47. 47.

    See Crafts (2016), p. 8.

  48. 48.

    For more analysis of European social policy read Vitkus et al. (2008).

  49. 49.

    See Vitkus et al. (2013), p. 274.

  50. 50.

    Dustmann and Frattini (2014).

  51. 51.

    Webb et al. (2016), p. 7.

  52. 52.

    Made my Kierzenkowski et al. (2016), p. 26.

  53. 53.

    Read the article by Piris (2016) to get a more detailed information about each relation model.

  54. 54.

    See Piris (2016), p. 10.

  55. 55.

    Alternatives to membership: possible models for the United Kingdom outside the European Union (2016).

  56. 56.

    Holmes et al. (2016).

  57. 57.

    See Kierzenkowski et al. (2016), p. 17.

  58. 58.

    See UK Policy Paper: Alternatives to membership: possible models for the United Kingdom outside the European Union (2016), p. 24.

  59. 59.

    Kierzenkowski et al. (2016), p. 17.

  60. 60.

    See Kierzenkowski et al. (2016), p. 19.

  61. 61.

    Piris (2016).

  62. 62.

    UK Policy Paper: Alternatives to membership: possible models for the United Kingdom outside the European Union (2016), p. 33.

  63. 63.

    UK Policy Paper: Alternatives to membership: possible models for the United Kingdom outside the European Union (2016), p. 33.

  64. 64.

    “The EU’s financial services ‘passport’ means that financial services firms authorised in the UK can provide their services across the EU, without the need for further authorisations.” (Alternatives to membership: possible models for the United Kingdom outside the European Union. 2016).

  65. 65.

    See Kierzenkowski et al. (2016).

  66. 66.

    Piris (2016), p. 10.

  67. 67.

    For a more detailed analysis read Van Marrewijk et al. (2012).

  68. 68.

    See Van Marrewijk et al. (2012), p. 243.

  69. 69.

    Lea (2017), p. 3.

  70. 70.

    Piris (2016), p. 11.

  71. 71.

    See Piris (2016), p. 10.

  72. 72.

    UK Policy Paper: Alternatives to membership: possible models for the United Kingdom outside the European Union (2016), p. 16.

  73. 73.

    See UK Policy Paper: Alternatives to membership: possible models for the United Kingdom outside the European Union (2016), pp. 35–38.

  74. 74.

    UK Policy Paper: Alternatives to membership: possible models for the United Kingdom outside the European Union (2016), p. 38.

  75. 75.

    UK Policy Paper: Alternatives to membership: possible models for the United Kingdom outside the European Union (2016), p. 35.

  76. 76.

    See Trade and Investment Balance of Competence Review (2013), p. 55.

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Daugėlienė, R., Puskunigis, P. (2018). The Scope and Specificity of Economic Relations Between the EU and the United Kingdom in Brexit Case. In: Ramiro Troitiño, D., Kerikmäe, T., Chochia, A. (eds) Brexit. Springer, Cham. https://doi.org/10.1007/978-3-319-73414-9_16

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