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Prosperity Unbound

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Elena Panaritis Social Entrepreneur and Special Advisor to the Greek Government in San Francisco and Los Angeles

Elena Panaritis to speak at Stanford University, Claremont University, and San Francisco SAIS/INSEAD Alum event

San Francisco, CA, January 28, 2010 --( The Events

Prosperity Unbound: a formula for prosperity for the world's distressed

January 26: Claremont University, Tuesday Talks.

This event is open to the public. Please RSVP to Sandra Seymour at Tuesday, January 26, 2010 at 11:45am. Albrecht Auditorium.

Tackling the Roots of the Crisis: A Proposition for Stabilizing Property Markets

February 1: SAIS & INSEAD Alumni of San Francisco sponsor a talk, graciously hosted by Greenberg Traurig LLC: Repairing a broken system: one social entrepreneur's answers to distressed property markets.

This event is open to the Public: RSVP to Paul Fuller by January 27, Location: February 1, 6:30 p.m. 1900 University Ave., 5th Floor, East Palo Alto, CA 94303

The Effects of Informal Property Rights on Development: Addressing Faulty Institutional Assumptions and Repairing Broken Systems.

February 2: Stanford University, Lunch Talks at the Center for International Development. This is a closed event.

About Elena Panaritis

Elena Panaritis’ work is considered one of the best practical applications of institutional economics. Her book Prosperity Unbound: Building Property Markets with Trust (Palgrave Macmillan) expounds on her methodology. She is an expert on property rights, illiquid real estate assets, and public sector management. She continues the discussion of her timely ideas in the context of the current global economic crisis and that of reducing informal property around the world. She currently blogs at

Elena is the founder of a “triple-bottom-line” social entrepreneurial firm, Panel Group LLC, a specialized advisory group that provides counsel and technical expertise on transforming illiquid real estate. Today her company applies reforms techniques funded through private investment, giving significant financial, social and environmental returns. She has played a direct, hands-on role in creating stable property rights systems. In more than a decade as an economist at the World Bank, she spearheaded property rights reform in Peru that was awarded as International Best Practice and Innovation. In this reform, nine million people became part of middle class and the formal market in about three years.

Economists have referred to Elena’s work as a “real contribution”. Willem Buiter of the Financial Times cited Prosperity Unbound and Elena’s work as an example of “useful finance” in his Financial Times column. Taking “useless” and “harmful” finance based on derivatives to task, the London School of Economics professor and former chief economist of the European Bank for Reconstruction and Development writes that “effective and efficient financial intermediation is a necessary condition for prosperity” and specifically recommends Panaritis’ book. “The world described in [Prosperity Unbound], where the foundations of a productive market economy are being put in place, appears light years removed from the world of Wall Street ...”

Contact Information
Prosperity Unbound
Rachel Beach
(202) 506 9061

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