Discussions on the outcome of a potential referendum on Britain’s membership of the EU have been characterised by political grandstanding, at the expense of serious economic analysis. With Brexit now a real possibility in the next Parliament, the IEA today releases a report outlining four different options for the UK in the event of a vote to leave the EU, all of which take into account both economic challenges and possibilities. In Brexit: Directions for Britain Outside the EU, various contributors outline several of possible approaches, ranging from a proposal that Britain should promote free trade and openness through the unilateral removal of trade barriers, to maintaining formal relationships with European countries through the European Free Trade Association (EFTA) and/or the European Economic Area (EEA). Other proposals offer a view that the UK should seek to form economic and political alliances with countries outside of Europe, such as those in the Commonwealth.
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Dr John C. Hulsman is the president and co-founder of John C. Hulsman Enterprises (www.john-hulsman.com), a global political risk consulting firm. An eminent foreign policy expert, John is a senior columnist on foreign affairs for City AM and also writes regularly for the Aspen Institute of Italy and Limes, the premier Italian foreign affairs journal. A veteran of think tanks in Europe and America, Hulsman is a life member of the Council on Foreign Relations. Author or co-author of ten books, Hulsman has also given 1, 470 interviews, written over 330 articles and delivered more than 450 speeches on foreign policy around the world.
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