US EditionAssessing the effects of anti-mafia police actions on lending
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Assessing the effects of anti-mafia police actions on lending
The Financial Times reports that a European Central Bank study shows that:Between 2018 and 2021, nearly 700 Mafia-linked firms across Italy were dismantled. An ECB study into the impact of this crackdown — conducted alongside a team of academics from the Frankfurt School of Finance & Management, University of Padua and Seattle University — shows that dismantling Mafia-controlled companies can boost productivity in affected areas.By linking polic…
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