The Debate Over 'Brexit' (James McBride, CFR)

For decades, the United Kingdom has had an ambivalent and sometimes contentious relationship with the European Union. London has kept its distance from Brussels' authority by negotiating opt-outs from some of the EU's central policies, including the common euro currency and the border-free Schengen area. Even still, the EU's faltering response to recent crises has fueled a renewed euroskepticism. Advocates for a British exit, or "Brexit," from the union argue that by reclaiming its national sovereignty, the UK can better manage immigration, free itself from onerous regulations, and spark more dynamic growth.

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