Following the Conservative Party’s victory in the UK general election, David Cameron has pledged to renegotiate the country’s EU membership and put this deal to the British electorate as an ‘in/out’ referendum. Michael Emerson assesses some of the potential demands the UK government might make in a renegotiation. He writes that it is doubtful whether the concessions that could […]
The uncertainty created by David Cameron’s policy on EU membership may cost the UK’s already troubled economy.
Prior to UK Prime Minister David Cameron’s speech on the country’s relationship with the EU, Michael Emerson set out several hazards that his strategy was expected to face. Revisiting these hazards after the speech, he finds them to be mostly confirmed. He argues that Cameron’s policy is badly defined, politically unmanageable, creates uncertainty for investment, and implies a difficult and clouded […]
This week sees UK Prime Minister David Cameron’s long anticipated (and delayed) speech on the UK’s relationship with the EU. Michael Emerson sets out seven major hazards that his expected policy positions will have to overcome, ranging from defining its core objective, problems with the referendum process, and the economic costs of generating uncertainty over the EU/UK relationship. Unless the […]