growth

November 14, 2019

How Current Funding Mechanisms Allow for the Misuse of EU Cohesion Funds

The EU’s Cohesion Policy comprises almost a third of the current seven-year budget. However, there is controversy as to whether cohesion projects have been effective in promoting convergence and development, considering the distribution of funds is mainly based on intergovernmental earmarking.
November 12, 2019

Competing Interests: Lessons From the International Tax Competitiveness Index

According to the 2019 International Tax Competitiveness Index (ITCI) rankings, Estonia holds the most-competitive position for the sixth year in a row, while France ranks at the bottom of the index. What are the implications of the rankings for EU countries and their citizens?
November 10, 2018

The Fight Against Poverty Depends on Economic Freedom

The most obvious benefit of economic freedom is that, as a system, it is the most conducive to widespread prosperity, that is, to high or rising income and consumption for the bulk of the population.
September 28, 2018

Free Trade and How It Enriches Us

Free trade improves the well-being of all parties to it. The most significant way that trade achieves this outcome is by enabling and incentivising specialisation in production, and also encouraging mechanisation and innovation. As specialisation deepens, and as mechanisation and innovation advance, the per-person output of goods and services increases.
September 29, 2017

Perspectives for Poland

In the last 25 years, the Polish economy has grown faster than the economies of Western Europe and the US, which enabled a significant reduction of the distance separating it from richer countries. Annual GDP growth in the years 1992–2011 was 4.1%, which was the best result among those Central and Eastern European countries that started to transform at the same time as Poland.
June 1, 2017

Spanish Tax Freedom Day

In 2017, the average Spaniard will have worked 178 days in order to fulfill their tax obligations. In other words, Tax Freedom Day, calculated annually by Think Tank Civismo, takes place on 28 June, one day ahead of last year’s.