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Since the terrorist attacks of September 11, 2001, there has been increased public interest in informal funds transfer (IFT) systems. This paper examines the informal hawala system, an IFT system found predominantly in the Middle East and South Asia. The paper examines the historical and...
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. Nevertheless, Brazil's long-standing challenges of low growth, high debt, and elevated levels of poverty and inequality have been …
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The COVID-19 pandemic has worsened Brazil's longstanding vulnerabilities of low potential growth, high income … debt exposes Brazil to confidence shocks. Securing congressional passage of structural reforms to raise potential growth …
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