poverty

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.
June 4, 2018

EU Measure Doesn’t Capture Poverty

The EU member states have agreed that 20 million people should be lifted out of poverty by 2020. However, the measure that the European Commission uses does not capture poverty but inequality. This mismeasurement leads to erroneous conclusions about the nature and extent of poverty in Europe, as well as how it should be tackled.
January 24, 2018

How to Develop Secondary Markets for Non-performing Loans?

The ECB seeks to increase trading in non-performing loans by reducing the pricing gap between prospective investors and banks. For this to happen, there need to be structural reforms aimed at reducing recovery times, as well as better access to information about loans and debtors. Only when the price offered by investors is in line with the price demanded by banks will we see more activity in distressed debt markets.