Brexit has turned into Bregret in the UK—and India could learn a thing or two from its trade delusion
“We estimate that investment was reduced by 12% to 13%, employment by 3% to 4% and productivity by 3% to 4%,” wrote the authors led by Nicholas Bloom. “These negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process.”
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