Britain 's Fate Of The European Union Essay

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ABSTRACT
On June 23, 2016 a referendum was held to decide Britain’s fate in the European Union (EU). The voters decided to leave the European Union, commonly referred to as the “Brexit”, leaving many surprised as the polls have shown otherwise. The preliminary aftermath of this development is now evident for the UK and the EU, with much speculation on its outcome on the market, immigration, and ultimately, the economy. For this real-world case, the appropriate lens to describe this event is with the approach of political realism through parsimony.

Britain’s vote to exit from the European Union, termed as “Brexit”, took the world by surprise as polls during the campaigns have shown that 80% of voters will vote to remain in the EU (Erlanger 2016). The Brexit was led by Justice Minister Michael Gove and former Mayor of London Borris Johnson. The main issues were in regards to the nation’s sovereignty and immigration. Proponents believed that the EU had changed its bureaucracy in the past few decades which diminished British sovereignty and influence. Brexit was also favorable to other nation’s parties who were anti Europe , for instance, the French National Front leader, Marine Le Pen (Erlanger, 2016). Opponents of Brexit argued to stay within the EU as it would allow countries of similar minds to have a stronger influence in the world and warned that it would be economically devastating if voters decided
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