EU Policies and Priorities in a Post-Brexit Era (original) (raw)

This chapter looks at the possible impacts of Brexit on specific European Union (EU) policies and priorities. It concludes that there are unlikely to be fundamental shifts. Policy areas such as development of the single market (notably the digital single market), further progress on the capital markets and banking unions, on the energy union and on fighting climate change, will continue to have broad support. Defence cooperation will be given a higher emphasis than before. Divisions will remain, however, in many areas, including the general direction of macroeconomic policy, the approximation of taxation, the extent of EU solidarity, practical measures to distribute the burden of migration, and the nature of EU foreign policy-in particular in its Eastern Neighbourhood, the Middle East and the Mediterranean. Keywords Budget and own resources • Economic and monetary policy Single market • Social policy and migration • Other EU internal policies EU external policies and enlargement Earlier chapters of this book have shown that there are some obvious institutional and other impacts of Brexit on the European Union (EU). The initial reactions within most EU member states and the EU institutions have been to defend the EU and its role and values, and to come up with a common stance on the Brexit negotiations. On the other hand, the future direction of travel of the EU is still very unclear. It is particularly difficult to predict the impact of Brexit on CHAPTER 8

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