The economics of UK-EU relations: from the treaty of Rome to the vote for Brexit

Intro -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 2 UK Economic Growth Performance in a European Context: Has EU Membership Made Much Difference? -- 1 Introduction -- 2 European Economic Integration, Trade and Growth: An Overview -- 3 The Golden Age of European Growth, 1950-1973 -- 4 After the Golden Age, Before the Crisis -- 5 Implications of Brexit -- 6 Conclusions -- References -- 3 How Does European Integration Work? Lessons from Revisiting the British Relative Economic Decline -- 1 Introduction -- 2 Why Did Britain Join the EU? -- 3 How and Why Did Britain Benefit from EU Integration? -- 4 A Political Economy Explanation -- 5 Conclusions -- References -- 4 European Monetary Integration and the EU-UK Relationship -- 1 Introduction -- 2 European Economic Integration -- 2.1 Lessons from the Inter-war Period -- 2.2 From the Treaty of Rome to the Vote for Brexit -- 3 Understanding Integration -- 3.1 Theory Behind Economic Integration -- 3.1.1 Openness -- 3.1.2 Flexibility -- 3.1.3 Symmetry -- 3.2 The EMU Convergence Criteria: A Second Look -- 4 Towards a GEMU -- 4.1 Is "Completing" the EMU Compatible with Dropping the "Ever Closer Union" Clause? -- 5 Looking forward -- 6 Conclusion -- References -- 5 The UK Financial Sector and EU Integration After Brexit: The Issue of Passporting -- 1 Introduction -- 2 The Development of London's Position -- 3 The Passport -- 4 Banking Versus Insurance -- 5 Wholesale Banking -- 6 Infrastructure -- 7 Trading -- 8 Concluding Remarks and Future Relationship with the EU -- Acknowledgement -- References -- 6 Foreign Direct Investment and the Relationship Between the United Kingdom and the European Union -- 1 Introduction -- 2 Background on FDI, Trade and the European Union: Recent Developments -- 2.1 The Impact of FDI -- 2.2 Methodological Developments in the FDI Literature

This book brings together contributions from leading scholars around the world on the most relevant and pressing economic themes surrounding the UK-EU relationship. With contributions spanning from the UK's accession to the bloc to the aftermath of its decision to leave, the book explores key themes in UK economic growth and EU membership, international trade, foreign direct investment, financial markets and migration. Chapters interrogate the history of the relationship, the depth of foreign direct investment, and responses to the financial crisis. Considering both the history and future of UK and EU relations, the book is a relevant and timely volume that gives welcome context to a fast-changing relationship.