Time to Say No: Alternatives to Eu Membership Ian Milne

ISBN: 9781906837327

Published: June 11th 2012

Paperback

78 pages


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Time to Say No: Alternatives to Eu Membership  by  Ian Milne

Time to Say No: Alternatives to Eu Membership by Ian Milne
June 11th 2012 | Paperback | PDF, EPUB, FB2, DjVu, talking book, mp3, ZIP | 78 pages | ISBN: 9781906837327 | 7.65 Mb

Evidence is accumulating that membership of the EU imposes a heavy ongoing net cost on the UK economy - possibly in excess of ten per cent of GDP, over GBP 140 billion a year at 2009 prices. Long before the 2010 euro crisis a consensus existedMoreEvidence is accumulating that membership of the EU imposes a heavy ongoing net cost on the UK economy - possibly in excess of ten per cent of GDP, over GBP 140 billion a year at 2009 prices. Long before the 2010 euro crisis a consensus existed (amongst member-state governments, the Commission itself, NGOs, business and academia) that in the decades to come continental EUs prospects, as a market and an economy, are dire.

That consensus is strengthening. As much as 60 per cent of UK exports already go outside the EU, using the authors estimates for the effect of distortions on trade statistics. Since 2000 they have been growing almost 40 per cent faster than exports to the EU. Growth in export markets is almost certainly going to occur in the 95 per cent of global population outside EU-26, rather than in the five per cent inside EU-26.

That being so, the UKs first priority ought to be to decide how its trading arrangements with the world outside the EU should be configured. That decision would condition the extent to which the UKs relationship with the EU Single Market should be changed.

Full withdrawal would be one of the options. The author examines these and other questions in some detail, including the three main alternatives (for the UK) to EU membership. He concludes by sketching out the mechanics, timetable, management and consequences of full UK withdrawal.



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