No-deal Brexit trade barriers could devastate regional employment across Europe.
The article examines how international trade barriers, like those in a no-deal Brexit scenario, could impact regional employment. By analyzing trade data and employment figures, the researchers found that countries like Germany and France would be heavily affected, along with countries outside the EU like China. The study also showed that indirect effects through global value chains are more significant than direct effects on final demand. Overall, regions in Ireland and Belgium would see the largest relative impact on employment.