This literature review explores the effectiveness of inflation targeting as a monetary policy strategy in both developed and developing countries. It assesses the conditions necessary for the successful implementation of inflation targeting, the relationship between inflation targeting and...

The role of the capital market in financing the energy transition, reducing global warming, and social imbalances seems invaluable. However, it is important to note that above-average investments in ESG companies can generate speculative activities and unexpected price volatility, dictated by...

This paper is written by Hongyi Chen (Hong Kong Institute for Monetary and Financial Research) and Pierre Siklos (Wilfrid Laurier University and Balsillie school of International Affairs).Digitalization, spurred by the pandemic, has accelerated plans by many central banks to introduce retail...

Around the world, people are becoming more and more worried about how globalization will affect their standard of living. According to the literature, globalization has resulted in the marginalization of the impoverished populations in developing economies and has exacerbated inequality, while...

The effects of technology on economic growth and development have been an area that many economists have focused on, especially since the post-World War II period. This study aims to analyze the differing technological impact between countries with a high share of tourism in their gross domestic...