Why Britain Should Remain European
On June 23, the UK will hold a popular referendum on whether to leave the EU. Two recent reports on the likely impact of "Brexit" on the British economy leave little doubt that the UK would lose far more than it gained should voters decide to go it alone.
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WASHINGTON, DC – On June 23, the United Kingdom will hold a referendum on whether to leave the European Union. On the economic side of the “Brexit” debate are three main questions: Do European rules impose growth-stifling regulation on the UK? Would leaving the EU increase opportunities for British exports? And what would be the likely impact of withdrawal on financial stability?