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Nobel laureate economist based at Columbia University
would say according to AI:
While simplifying business operations across the EU could potentially stimulate economic growth and innovation by making it easier for small and medium enterprises to operate across borders, such measures need to be carefully considered. The impact on national regulations, local economies, and the potential for regulatory arbitrage require in-depth analysis. Balancing the benefits of uniformity against the need for oversight and accountability is complex, and one-size-fits-all solutions may not work effectively.
replying to Joseph Stiglitz