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Ode to Joy
- Amid a plethora of announcements by the new UK Prime Minister in a major speech at his party conference, the most consequential for European partners was the commitment to re-visit the UK’s relationship with the EU.
- A recent research paper provides evidence of the damage the Brexit vote has caused the UK economy.
- These estimates are subject to debate and are based on counterfactual analyses.
- Given the current geopolitical context, the EU might be more open to some bespoke arrangements on a path to full membership, evidenced by the recent announcements on Canadian “associate membership”.
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