Publications

As we recently pointed out, the UK Chancellor of the Exchequer, Mr Phillip Hammond, was left aside by the Conservative party during the last campaign for parliamentary elections. With him,…

Bail-ins Expected after Banco Popular fails in Spain. Chewing gum accounting Just as elections of political leaders have become difficult to predict, it is becoming harder to guess which of…

On the 8th of June UK citizen will vote to elect a new Parliament in a snap election called by current Prime Minister Theresa May. The very short campaign so…

Greece is in dire need of structural reforms, both in terms of public finances and real economy. Privatizations, especially if accompanied by appropriate liberalization policies, can improve the efficiency and…

WP 2017-02. The prevailing opinion among national governments and supranational institutions is that climate change science is settled and drastic cuts in the emissions of CO2 and other greenhouse gases…

International trade is essential for economic growth. Similar to last year, global trade is expected to grow less than global GDP in 2017. This is not good news, especially when…

Given the effort being invested into the banking turnaround story by the European authorities, and in particular the European Banking Authority, and the cohesive international supervisory effort being spearheaded by…

Last month, we reported on compliance failures at very senior levels of the Bank of England, resulting in the resignation of Charlotte Hogg. There was another scandal, also involving the…

IREF is a free-market oriented think tank based in France. It promotes ideas, debates, events, and rigorous academic research. With regard to research, IREF supports original research projects that lead…

Rule Flouting Politicians and the Willingness to Cooperate The market oriented democracy in the West enjoys a historically unprecedented period of wealth and peace today. This success is based primarily…