Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


Greece's Institutional Trap

Greece’s Institutional Trap

By: Aristides N. Hatzis

The Stand-off Between Italy and the EU is a Serious Threat to the Euro

The Stand-off Between Italy and the EU is a Serious Threat to the Euro


Visibility or Virtue Signalling? The Liberalisation of Salon de Paris

Visibility or Virtue Signalling? The Liberalisation of Salon de Paris

How Do Governments Circumvent EU Fiscal Rules?

How Do Governments Circumvent EU Fiscal Rules?


The Reliability of Quantitative Results in Social Science

The Reliability of Quantitative Results in Social Science

Central Banks in Europe Are About to Regulate Crypto-Assets.

Central Banks in Europe Are About to Regulate Crypto-Assets.


Latest publications

Britain’s Unsustainable Higher Education Financials

Britain's Unsustainable Higher Education FinancialsWhile the country and the main political parties are still focused on the Brexit debate, there is a potential educational, economic and financial crisis in the making, which may in the near future affect people involved in higher education in England.
After a government-supported process of (...)

The Faults In The Macron System: Wind Turbines At The LA Consulate

The Faults In The Macron System: Wind Turbines At The LA ConsulateMinister Hulot is leaving. We should rejoice, if only we knew the story of the old woman of Syracuse, told by Valerius Maximus (1st century AD historian), about Denys, one of Syracuse’s tyrants, loathed by everybody. One day, Denys heard about an old woman who prayed for him every single day. (...)

Who Is Afraid Of Populism?

Who Is Afraid Of Populism?If one wonders what Donald Trump, Marine Le Pen, Jeremy Corbyn and Matteo Salvini have in common, the answer is that each of them has been labelled populist, a word whose meaning is therefore being diluted as a result of loose usage. As emphasized by the BBC commentator Lionel Shriver, starting (...)

The EU Needs Property Rights In Spectrum

The EU Needs Property Rights In SpectrumThe European Union has been hard at work attempting to harmonise national markets in an effort to build a competitive and innovative Digital Single Market by reducing the ability for individual member states to develop cumbersome barriers to market entry. One of the flagship proposals of the (...)

Will The ECB Step In and Help Turkey Stabilise Its Currency?

Will The ECB Step In and Help Turkey Stabilise Its Currency?Why is Turkey’s Currency Falling?
During the past five years, we have observed the ebbs and flows of US and European capital markets investment appetite for the emerging markets (EM). Nothing deters EM investment more than currency fears, and many European fund managers must be pleased that (...)

Growth of the World Population: Good News for Humans and the Planet

Growth of the World Population: Good News for Humans and the PlanetThe extent of the climate change is significantly affected by the size of the world population. A larger population increases the use of resources and more greenhouse gases are emitted. It is usually assumed the world population will continue to grow at the same pace as in the recent past. In (...)

What Will The Fourth Industrial Revolution Require?

What Will The Fourth Industrial Revolution Require?In the last few years, the Fourth Industrial Revolution (4IR) has become one of the most investigated and discussed topics in the political and economic debate. 4IR is based on the application of new technologies, primarily digital ones, in production. Specifically, according to Boston (...)

Activist Trade Policies: More Risks than Benefits

Activist Trade Policies: More Risks than BenefitsThe global economic order is changing: The free trade agreement TTIP has been put on hold; the World Trade Organisation (WTO) which held a dominant position after WWII with its multilateral rules has lost influence; the US, the EU and China are threatening each other with higher tariffs one (...)

Would De-Growth Make Us Happier?

Would De-Growth Make Us Happier?Economists use the per capita Gross Domestic Product (GDP) as the main indicator of the level of material well-being achieved by a country. The GDP is the cake with which we feed ourselves; the portfolio to draw on to meet our material needs. In recent years, there have been many critical (...)

The Economic Illiteracy of the Google Antitrust Case

The Economic Illiteracy of the Google Antitrust CaseThe European Commission handed Google a record-breaking €4.3 billion fine and demanded major changes to its business model over alleged competition abuses on its Android mobile operating system. The Competition Commission claimed Google was abusing manufacturers to “cement its dominant position” (...)

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