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	<title>Reality Check with Élena</title>
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	<link>https://wabcradio.com/podcast/reality-check-with-elena/</link>
	<googleplay:description>Our new podcast explores the realities that lead to informality: a notion represented by reduction of the middle class, and spread of insecurity, through a series of dynamic on-the-ground interviews in Europe, the US, and the Global south. You will hear what informality is really like, from people who have lived in it all their lives; from those who have escaped it and risen to middle class; and others who have fallen into it. We invite global intellectuals, along with journalists, policy makers, and investors to share their views on what is informality and why we must tackle it now.

https://www.youtube.com/playlist?list=PL1tY5x5qyJlCx8M5yi79yTWcpkrf8oZwI</googleplay:description>
	<description>Our new podcast explores the realities that lead to informality: a notion represented by reduction of the middle class, and spread of insecurity, through a series of dynamic on-the-ground interviews in Europe, the US, and the Global south. You will hear what informality is really like, from people who have lived in it all their lives; from those who have escaped it and risen to middle class; and others who have fallen into it. We invite global intellectuals, along with journalists, policy makers, and investors to share their views on what is informality and why we must tackle it now.

https://www.youtube.com/playlist?list=PL1tY5x5qyJlCx8M5yi79yTWcpkrf8oZwI</description>
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	 <copyright>Élena Panaritis</copyright>
				<googleplay:author>Élena Panaritis</googleplay:author>
		<itunes:author>Élena Panaritis</itunes:author>
		<itunes:summary>Our new podcast explores the realities that lead to informality: a notion represented by reduction of the middle class, and spread of insecurity, through a series of dynamic on-the-ground interviews in Europe, the US, and the Global south. You will hear what informality is really like, from people who have lived in it all their lives; from those who have escaped it and risen to middle class; and others who have fallen into it. We invite global intellectuals, along with journalists, policy makers, and investors to share their views on what is informality and why we must tackle it now.

https://www.youtube.com/playlist?list=PL1tY5x5qyJlCx8M5yi79yTWcpkrf8oZwI</itunes:summary>
			<itunes:owner>
		<itunes:name>Élena Panaritis</itunes:name>
			</itunes:owner>
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		<googleplay:explicit>No</googleplay:explicit>
        <itunes:explicit>No</itunes:explicit>
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		<title>Episode 3 &ndash; The Hidden Key to Development and Progress is Property Rights: Charles Calomiris</title>
		<link>https://wabcradio.com/episode/episode-3-the-hidden-key-to-development-charles-calomiris-on-property-rights-and-progress/</link>
		<comments>https://wabcradio.com/episode/episode-3-the-hidden-key-to-development-charles-calomiris-on-property-rights-and-progress/#respond</comments>
		<pubDate>Fri, 08 Aug 2025 15:03:19 +0000</pubDate>
		<dc:creator><![CDATA[77 WABC]]></dc:creator>
		<guid isPermaLink="false">https://wabcradio.com/episode/episode-3-the-hidden-key-to-development-charles-calomiris-on-property-rights-and-progress/</guid>
		<description><![CDATA[Today, I sit with globally influential economist Charles Calomiris at the foothills of the Acropolis in Athens, Greece. We discuss the foundations of economic development. In this video podcast, Calomiris draws on decades of research and policy advise on economic equilibria, and international finance to deliver a compelling reality check on why secure property rights are the bedrock of development! He explains how informality traps millions in poverty, why organizations often fail to deliver on paper promises, and how trust, leadership, and long-term vision can break entrenched cycles of corruption. We discuss how the Reality Check Analysis (RCA) framework, a practical tool for identifying the real levers of meaningful and lasting reform. Welcome to the new wave of change: https://linktr.ee/t4action   Time Stamps: 1:10 Who is Charles Calomiris. 1:35 Has capitalism failed? 4:59 We used to have poverty now we have growing informality 70% and growing. Why? Why are economists confused? Why are Property Rights important? 6:47 The mission of the Development Organizations IMF and World Bank. 8:25 They have become the slush fund of the G7 finance ministers. 11:01 Brazil - The transformation 13:13 How should leaders operate in order to achieve irreversible change. 15:00 Peru – The growth of its middle class. 16:50 Democracy today is often clientelist. What is a corrupt equilibrium and how Property Rights help change it. 18:58 Greece – look around at what works and learn from it. 21:53 Reality Check Analysis RCA – keeps decision makers sober to create Trust.]]></description>
		<content:encoded><![CDATA[Today, I sit with globally influential economist Charles Calomiris at the foothills of the Acropolis in Athens, Greece. We discuss the foundations of economic development. In this video podcast, Calomiris draws on decades of research and policy advise on economic equilibria, and international finance to deliver a compelling reality check on why secure property rights are the bedrock of development! He explains how informality traps millions in poverty, why organizations often fail to deliver on paper promises, and how trust, leadership, and long-term vision can break entrenched cycles of corruption. We discuss how the Reality Check Analysis (RCA) framework, a practical tool for identifying the real levers of meaningful and lasting reform. Welcome to the new wave of change: https://linktr.ee/t4action   Time Stamps: 1:10 Who is Charles Calomiris. 1:35 Has capitalism failed? 4:59 We used to have poverty now we have growing informality 70% and growing. Why? Why are economists confused? Why are Property Rights important? 6:47 The mission of the Development Organizations IMF and World Bank. 8:25 They have become the slush fund of the G7 finance ministers. 11:01 Brazil - The transformation 13:13 How should leaders operate in order to achieve irreversible change. 15:00 Peru – The growth of its middle class. 16:50 Democracy today is often clientelist. What is a corrupt equilibrium and how Property Rights help change it. 18:58 Greece – look around at what works and learn from it. 21:53 Reality Check Analysis RCA – keeps decision makers sober to create Trust.]]></content:encoded>
		<wfw:commentRss><![CDATA[https://wabcradio.com/episode/episode-3-the-hidden-key-to-development-charles-calomiris-on-property-rights-and-progress/feed/]]></wfw:commentRss>
		<slash:comments>0</slash:comments>
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				<googleplay:author>77 WABC</googleplay:author>
	<itunes:author>77 WABC</itunes:author>
	<itunes:season></itunes:season>
   <itunes:episodeType>full</itunes:episodeType>
	<googleplay:description><![CDATA[Today, I sit with globally influential economist Charles Calomiris at the foothills of the Acropolis in Athens, Greece. We discuss the foundations of economic development. In this video podcast, Calomiris draws on decades of research and policy advise on economic equilibria, and international finance to deliver a compelling reality check on why secure property rights are the bedrock of development! He explains how informality traps millions in poverty, why organizations often fail to deliver on paper promises, and how trust, leadership, and long-term vision can break entrenched cycles of corruption. We discuss how the Reality Check Analysis (RCA) framework, a practical tool for identifying the real levers of meaningful and lasting reform. Welcome to the new wave of change: https://linktr.ee/t4action   Time Stamps: 1:10 Who is Charles Calomiris. 1:35 Has capitalism failed? 4:59 We used to have poverty now we have growing informality 70% and growing. Why? Why are economists confused? Why are Property Rights important? 6:47 The mission of the Development Organizations IMF and World Bank. 8:25 They have become the slush fund of the G7 finance ministers. 11:01 Brazil - The transformation 13:13 How should leaders operate in order to achieve irreversible change. 15:00 Peru – The growth of its middle class. 16:50 Democracy today is often clientelist. What is a corrupt equilibrium and how Property Rights help change it. 18:58 Greece – look around at what works and learn from it. 21:53 Reality Check Analysis RCA – keeps decision makers sober to create Trust.]]></googleplay:description>
	<itunes:summary>Today, I sit with globally influential economist Charles Calomiris at the foothills of the Acropolis in Athens, Greece. We discuss the foundations of economic development. In this video podcast, Calomiris draws on decades of research and policy advise on </itunes:summary>
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		<itunes:duration>00:24:54</itunes:duration>
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	<item>
		<title>Episode 2 - What is Informality why it Persists: Francis Fukuyama on Broken Systems and Bold Fixes</title>
		<link>https://wabcradio.com/episode/episode-2-why-informality-persists-francis-fukuyama-on-broken-systems-and-bold-fixes/</link>
		<comments>https://wabcradio.com/episode/episode-2-why-informality-persists-francis-fukuyama-on-broken-systems-and-bold-fixes/#respond</comments>
		<pubDate>Tue, 22 Jul 2025 10:00:00 +0000</pubDate>
		<dc:creator><![CDATA[77 WABC]]></dc:creator>
		<guid isPermaLink="false">https://wabcradio.com/episode/episode-2-why-informality-persists-francis-fukuyama-on-broken-systems-and-bold-fixes/</guid>
		<description><![CDATA[This time straight from Mexico, I meet with renowned political scientist and author Francis Fukuyama. In his characteristically eloquent and succinct style he offers a sharp reality check on what is informality and why it continues to persist around the world. He unpacks how weak institutions, lack of trust, and structural barriers shape informal systems, and recognises the concept of Reality Check Analysis (RCA) as a pathway toward lasting institutional change. (10-minute video podcast) Learn more about Elena Panaritis and Thought4Action: https://linktr.ee/t4action Donate to put an end to informality]]></description>
		<content:encoded><![CDATA[This time straight from Mexico, I meet with renowned political scientist and author Francis Fukuyama. In his characteristically eloquent and succinct style he offers a sharp reality check on what is informality and why it continues to persist around the world. He unpacks how weak institutions, lack of trust, and structural barriers shape informal systems, and recognises the concept of Reality Check Analysis (RCA) as a pathway toward lasting institutional change. (10-minute video podcast) Learn more about Elena Panaritis and Thought4Action: https://linktr.ee/t4action Donate to put an end to informality]]></content:encoded>
		<wfw:commentRss><![CDATA[https://wabcradio.com/episode/episode-2-why-informality-persists-francis-fukuyama-on-broken-systems-and-bold-fixes/feed/]]></wfw:commentRss>
		<slash:comments>0</slash:comments>
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	<media:title type="plain">untitled-design-15</media:title>
				<googleplay:author>77 WABC</googleplay:author>
	<itunes:author>77 WABC</itunes:author>
	<itunes:season></itunes:season>
   <itunes:episodeType>full</itunes:episodeType>
	<googleplay:description><![CDATA[This time straight from Mexico, I meet with renowned political scientist and author Francis Fukuyama. In his characteristically eloquent and succinct style he offers a sharp reality check on what is informality and why it continues to persist around the world. He unpacks how weak institutions, lack of trust, and structural barriers shape informal systems, and recognises the concept of Reality Check Analysis (RCA) as a pathway toward lasting institutional change. (10-minute video podcast) Learn more about Elena Panaritis and Thought4Action: https://linktr.ee/t4action Donate to put an end to informality]]></googleplay:description>
	<itunes:summary>This time straight from Mexico, I meet with renowned political scientist and author Francis Fukuyama. In his characteristically eloquent and succinct style he offers a sharp reality check on what is informality and why it continues to persist around the w</itunes:summary>
		<googleplay:image href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/1494/2025/07/22100000/untitled-design-15-150x150.png" />
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		<itunes:duration>00:10:34</itunes:duration>
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	<item>
		<title>Episode 1 &ndash; &quot;Germany&#39;s shrinking middle class affects daily its economy and politics&quot; w/J&ouml;rg Luyken</title>
		<link>https://wabcradio.com/episode/episode-1-will-the-shrinking-middle-class-affect-german-elections-jorg-luyken-on-economic-strains-and-political-shifts/</link>
		<comments>https://wabcradio.com/episode/episode-1-will-the-shrinking-middle-class-affect-german-elections-jorg-luyken-on-economic-strains-and-political-shifts/#respond</comments>
		<pubDate>Wed, 19 Feb 2025 18:32:38 +0000</pubDate>
		<dc:creator><![CDATA[77 WABC]]></dc:creator>
		<guid isPermaLink="false">https://wabcradio.com/episode/episode-1-will-the-shrinking-middle-class-affect-german-elections-jorg-luyken-on-economic-strains-and-political-shifts/</guid>
		<description><![CDATA[Today I’m in Berlin with Jörg Luyken, right beside a remaining part the infamous grim Berlin Wall — the barrier that for decades cut this city in two and became one of the most powerful symbols of the Cold War, that divided the West from the Soviet East. After liberal democracy won and the wall was teared down in 1990. We wondered whether the divide is still alive, yet invisible. We discuss how the crumbling Middle Class of Germany has affected the economy and everyday life in Germany. Jörg is a highly respected Berlin based journalist known for his spot on analysis of German economy and society. He writes at thegermanreview.de Our new podcast "Reality Check with Élena" explores the realities that lead to informality: a notion represented by reduction of the middle class, and spread of insecurity, through a series of dynamic on-the-ground interviews in Europe, the US, and the Global south. You will hear what informality is really like, from people who have lived in it all their lives; from those who have escaped it and risen to middle class; and others who have fallen into it. We invite global intellectuals, along with journalists, policy makers, and investors to share their views on what is informality and why we must tackle it now. Learn more about Elena Panaritis and Thought4Action: https://linktr.ee/t4action Donate to end informality   2:58 why is middle class shrinking; why Germans vote increasingly for AFD 4:47 people give roughly ½ of their salary in taxes 6:00 rise of precariousness, of informality, yet it’s the no1 destination for refugees 8:00 housing crisis why? 13:43 rise of homelessness an invisible growing problem 20:37 Gov’t moves 100BE every yr from the State budget to the pension system – yet poverty among pensionaries is very high 22:33 bureaucracy is at its highest level – said Gov’t auditor 26:45 what has caused the rise of the AFD; what establishment parties have done for Germans to consider voting for AFD   Follow us on social media: 📺 YouTube: @PANARITISElena 📷 Instagram: @epanaritis 🐦 X: @Elena_Panaritis]]></description>
		<content:encoded><![CDATA[Today I’m in Berlin with Jörg Luyken, right beside a remaining part the infamous grim Berlin Wall — the barrier that for decades cut this city in two and became one of the most powerful symbols of the Cold War, that divided the West from the Soviet East. After liberal democracy won and the wall was teared down in 1990. We wondered whether the divide is still alive, yet invisible. We discuss how the crumbling Middle Class of Germany has affected the economy and everyday life in Germany. Jörg is a highly respected Berlin based journalist known for his spot on analysis of German economy and society. He writes at thegermanreview.de Our new podcast "Reality Check with Élena" explores the realities that lead to informality: a notion represented by reduction of the middle class, and spread of insecurity, through a series of dynamic on-the-ground interviews in Europe, the US, and the Global south. You will hear what informality is really like, from people who have lived in it all their lives; from those who have escaped it and risen to middle class; and others who have fallen into it. We invite global intellectuals, along with journalists, policy makers, and investors to share their views on what is informality and why we must tackle it now. Learn more about Elena Panaritis and Thought4Action: https://linktr.ee/t4action Donate to end informality   2:58 why is middle class shrinking; why Germans vote increasingly for AFD 4:47 people give roughly ½ of their salary in taxes 6:00 rise of precariousness, of informality, yet it’s the no1 destination for refugees 8:00 housing crisis why? 13:43 rise of homelessness an invisible growing problem 20:37 Gov’t moves 100BE every yr from the State budget to the pension system – yet poverty among pensionaries is very high 22:33 bureaucracy is at its highest level – said Gov’t auditor 26:45 what has caused the rise of the AFD; what establishment parties have done for Germans to consider voting for AFD   Follow us on social media: 📺 YouTube: @PANARITISElena 📷 Instagram: @epanaritis 🐦 X: @Elena_Panaritis]]></content:encoded>
		<wfw:commentRss><![CDATA[https://wabcradio.com/episode/episode-1-will-the-shrinking-middle-class-affect-german-elections-jorg-luyken-on-economic-strains-and-political-shifts/feed/]]></wfw:commentRss>
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				<googleplay:author>77 WABC</googleplay:author>
	<itunes:author>77 WABC</itunes:author>
	<itunes:season></itunes:season>
   <itunes:episodeType>full</itunes:episodeType>
	<googleplay:description><![CDATA[Today I’m in Berlin with Jörg Luyken, right beside a remaining part the infamous grim Berlin Wall — the barrier that for decades cut this city in two and became one of the most powerful symbols of the Cold War, that divided the West from the Soviet East. After liberal democracy won and the wall was teared down in 1990. We wondered whether the divide is still alive, yet invisible. We discuss how the crumbling Middle Class of Germany has affected the economy and everyday life in Germany. Jörg is a highly respected Berlin based journalist known for his spot on analysis of German economy and society. He writes at thegermanreview.de Our new podcast "Reality Check with Élena" explores the realities that lead to informality: a notion represented by reduction of the middle class, and spread of insecurity, through a series of dynamic on-the-ground interviews in Europe, the US, and the Global south. You will hear what informality is really like, from people who have lived in it all their lives; from those who have escaped it and risen to middle class; and others who have fallen into it. We invite global intellectuals, along with journalists, policy makers, and investors to share their views on what is informality and why we must tackle it now. Learn more about Elena Panaritis and Thought4Action: https://linktr.ee/t4action Donate to end informality   2:58 why is middle class shrinking; why Germans vote increasingly for AFD 4:47 people give roughly ½ of their salary in taxes 6:00 rise of precariousness, of informality, yet it’s the no1 destination for refugees 8:00 housing crisis why? 13:43 rise of homelessness an invisible growing problem 20:37 Gov’t moves 100BE every yr from the State budget to the pension system – yet poverty among pensionaries is very high 22:33 bureaucracy is at its highest level – said Gov’t auditor 26:45 what has caused the rise of the AFD; what establishment parties have done for Germans to consider voting for AFD   Follow us on social media: 📺 YouTube: @PANARITISElena 📷 Instagram: @epanaritis 🐦 X: @Elena_Panaritis]]></googleplay:description>
	<itunes:summary>Today I’m in Berlin with Jörg Luyken, right beside a remaining part the infamous grim Berlin Wall — the barrier that for decades cut this city in two and became one of the most powerful symbols of the Cold War, that divided the West from the Soviet E</itunes:summary>
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		<itunes:duration>00:27:39</itunes:duration>
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