In the negotiations between the European Union and the United Kingdom over their future relationship, we see a high probability of a weak contractual outcome, given the dominance of politics over considerations of market efficiency.
Forget all the celebrations. Forget the countdown and the 50p coin. Forget the flags, and the commemorative tea towels. January 31, 2020 did not spell the end of Brexit. Brexit is nowhere near over.
Given the success of populist politicians across Europe, some pro-Europeans have openly wondered whether they should adopt the same tactics as populist parties to make the case for European integration. Michael Cottakis argues that this would be a mistake. To reverse the trend, pro-Europeans must quit dabbling in populism and instead play to their strengths by promoting dialogue and substantive policy reform.
Michael Cottakis is Director of the 89 Initiative, a pan-European think tank based at the London School of Economics.
The withdrawal of the United Kingdom (UK) from the European Union (EU) on January 31 was a seminal moment in post-war history, and one that presents challenges and opportunities for both key parties. Yet far from being a single, isolated event, the departure derives from a much broader process of well over a dozen negotiations (a catch-all term used here for formal diplomatic discussions and wider debates about Brexit) between and within the UK and EU about their futures.
With so many Brexit negotiations still underway, this paper underlines that the final form of the UK’s departure from the EU is not yet set in stone. Even with a withdrawal deal now ratified, there are multiple scenarios still possible: from a disorderly exit this year, through to the outside prospect of the transition being extended and a deep, comprehensive deal being concluded later in the 2020s. The stakes in play therefore remain huge and historic as both sides seek a new constructive partnership that can hopefully bring significant benefits for both at a time of global geopolitical turbulence.
Corporate tax dodging disproportionately affects women and girls. That’s why we’re calling for a feminist tax system, now!
By Caroline Othim, Marie Antonelle Joubert and Roosje Saalbrink
When the United Kingdom (UK) voted to leave the European Union (EU), few expected that the ensuing negotiations would take over three years and trigger two general elections. Disagreement over the extent of and timeline for the UK’s separation from the bloc continued through the end of 2019. Only after the UK Conservative Party’s landslide victory in December did the path forward become clear. While the UK will formally leave the EU on January 31, 2020, it now enters a transition period during which it will remain in the EU’s customs union and single market until their future relationship is hashed out. Still, the Friday exit undoubtedly marks a new chapter in the Brexit saga.
The UK’s departure from the European Union (EU) was approved overwhelmingly by the EU Parliament on Wednesday. The vote was 621 to 49 in favor of the Brexit deal. Britain’s official departure will be at 11 pm London time on Friday.