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Brexit, EFTA, fast track implementation and benefits, including less obvious benefits

A fast track, 2-step Brexit, starting with EFTA Single Market + Opt Outs and then a negotiated  Free Trade Agreement could accelerate the UK economy and living standards within 12 months.

Here are some things that could be started on almost immediately:

The Single Market countries have an opportunity to use article 112 and 113 to control immigration, for example:

  • New Eastern European immigrants only get a 1 year working visa, no children, and a points skills system for staying longer ( so reducing downward pressure on wages)
  • Any other Single Market country, has free movement, unless their unemployment rate is 7% or more, in which case, new immigrants only get a 1 year working visa, no children, and a points skills system for staying longer ( so reducing downward pressure on wages)

 

Anyone with a non-UK passport wishing to buy a residential property needs to have lived in the UK for over 5 years ( so reducing rent and house price rises) increasing prosperity for the many by: Ensuring wages rise faster than rents and house prices, so increasing disposable income and spending in the economy

This could be implemented now.

What are other hidden benefits from upgrading to democracy, from current EU?

The hidden costs of EU membership can be reduced and realized with self-government, including:

Business

–  With easier entry into markets, smaller companies can gain profits in the supply chain, enabling more investment and more even spread of pay, so reducing government benefit spending and so lower taxes.

– The EU poor role model will be eliminated; endless meetings, duplication (e.g. another Parliament in Strasbourg), poor communication, interfering without expertise (e.g. landlocked countries having influence in fishing industry countries), long decision making time, only top down ideas instead of listening to ideas at all levels, wasting public money on big projects that cost more than benefit, groupthink with censorship of other ideas and other problems.

– Decentralizing of power, could help to also have less large cartel companies – maybe demergers – and more smaller/medium size companies, so helping innovation and productivity increase and by association: pay

Helping low income countries

– Low income countries could benefit as the EU is protectionist, e.g. only allowing raw coffee beans into the EU from Africa, to protect EU coffee roasters, so preventing African countries moving up the value chain by adding value and raising standards of living

– Easier ability for Eastern European countries economies to grow as controlling new immigration will help keep skills in their countries, including management skills, engineering, legal, building, scientists, health, entrepreneurs and businesspeople

– Better human rights: respecting boundaries leads to better human rights, for example after the end of communism, people found that those countries that did not respect private property rights (Communism) had a loss of life in the 10 millions, while those that did respect private property rights (military dictatorships) had a loss of life in the 10,000s – all terrible losses, but a significant difference.

Better government

-Less corruption in government: the EU accounts have not been signed off by auditors.

– Better value for taxpayers money: with more competition, as the EU public procurement directive results in lots of new paperwork that small companies cannot afford, so don’t bid anymore.

– Better global regulations: individual countries can lobby for regulations which make sense for the UK economic sectors.

– Higher morale in public sector organisations with regulations that suit the service being provided and less people are promoted with political connections –like the EU system .

-Less government debt and lower taxes, as less money is used for big projects that are wasteful experiments

– Simpler regulations: the regulations made are only relevant to each country, and not a one-size-fits-all

– New ideas looked: the ‘one party state’ thinking is gone and the ‘EU mind guards’ are gone, too.

– With the top-down thinking from the EU gone, people could feel free to suggest ideas again to managers and team members – instead of thinking it would be  a waste of time – so helping improve service, quality, productivity and morale

– Ability to have direct democracy, petition/referendum, since the results cannot be overruled by the EU

 

 

In short, liberty is something that cartels of power, economic size and wealth do not easily release, so taking the initiative with promoting an alternative, EFTA, and step by step approach to local MPs and media, can help the Brexit process speed up and realise benefits soon for all income groups, and the people who voted Brexit.

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About Hugo van Randwyck (41 Articles)
Hugo van Randwyck has been researching fast track options for self-government, via EFTA options, including opinion polls. He has business experience in change management and management training.

1 Comment on Brexit, EFTA, fast track implementation and benefits, including less obvious benefits

  1. Schrödinger's cat // August 2, 2016 at 8:15 am // Reply

    I am in broad agreement with this article.

    The important point is that Brexit is an advantage which, when acted upon, will increase UK wealth greatly.

    It is not in the compass of most MPs, ministers or even members of the Lords to consider the advantages of increasing our income or wealth, as all they appear interested in is depleting it as soon as possible.

    Incredibly, this was even the case with the previous Chancellor of the Exchequer, the one person who should have been really interested in prudence. But his self-identification with campaign management for his party ought to have made his unsuitability for his prime task obvious to all but the most bone-headed.

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