Bloomberg/ Getty Images

Give Britain Time

In the aftermath of the Brexit referendum, decision-makers in the UK and the EU should let the full consequences of what has happened sink in before making a mess of a complicated situation. That is one of the main lessons from Denmark's 1992 referendum, when Danes opted out of full EU integration.

COPENHAGEN – “Careful and calm deliberation unties every knot!” a fly-fishing English friend once told me. I was reminded of these words in the aftermath of the United Kingdom’s “Brexit referendum,” when many in the European Union (though not in Britain) called for a swift divorce. I was also reminded of June 1992, when a narrow majority of Danish voters rejected the Maastricht Treaty in a referendum – a close parallel to what happened in Britain last month.

What lessons can we take from that earlier event? For starters, hurrying the process is certain to lead to a result that serves the interests of neither the UK nor the EU. This is not the time for rash decisions or unproductive recrimination. Haste is waste, as the old proverb goes. Decision-makers in the EU and in the UK should let the full consequences of what has happened sink in; only then will it be appropriate to begin work on making the best of a very complicated situation.

The 1992 Danish ballot shook Europe at the time. Denmark was one of 12 states voting on the Maastricht Treaty, the aim of which was European economic and monetary integration, and the other 11 states were eager to move the process along, in order to prepare the EU for the new post-Cold War era.

To continue reading, please log in or enter your email address.

Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access.

required

Log in

http://prosyn.org/nUGUFcG;