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Prejudice: the 'Luddism' of the 21st century

UBS economist says investors should pay attention to countries with high prejudice against minority groups – as it could inhibit economic growth

Prejudice against minority groups within societies is set to increase – and should send out a major sell signal to those investing in the countries affected, according to research released by UBS today

The Swiss investment bank took data on individual nations' economic competitiveness, compiled by the World Economic Forum, and compared it with data produced by the World Values Study Group, which surveys the levels of prejudice displayed by populations towards minority groups within their society.

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