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"The author studies annuity rates in Chile and relates them with industry competition. He finds (1) that annuity insurance companies paying higher broker commissions paid lower annuity rates; and (2) a structural break of the long-run elasticity of annuity rates to the risk-free rate in 2001....
Persistent link: https://www.econbiz.de/10010522090
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Regulating infrastructure utilities can be extremely complex and fraught with risks of political interference and capture by interest groups, especially in countries with little tradition of politically independent government agencies. To deal with these challenges, policymakers and regulators...
Persistent link: https://www.econbiz.de/10012556367
Competition can drive productivity growth in Kosovo, especially in the context of the post-Coronavirus disease 2019 (COVID-19) recovery. As the economy rebuilds, it is key that markets function smoothly, and that anticompetitive firm behavior or government intervention do not constrain the path...
Persistent link: https://www.econbiz.de/10013545583
the retail payments market can send negative effects cascading throughout the financial realm. The World Bank Global …-income countries, with cash continuing to be the most widely used instrument for small-value payments. A number of issues are … development and reform of the national retail payments system: a) developing a comprehensive national retail payments strategy …
Persistent link: https://www.econbiz.de/10012564762
This report is based on a study of the costs of retail payments in Kosovo, using a methodology (A Practical Guide for …, Competitiveness, and Innovation Global Practice. The study is based on survey data, with questionnaires administered to a sample of … Post Office on the supply side. The study aims to establish a sound economic baseline for the national retail payments …
Persistent link: https://www.econbiz.de/10013254962
payments system (NPS) in virtually every country in the world. Recently, the issuance of central bank digital currency (CBDC …
Persistent link: https://www.econbiz.de/10013255449
The South Asia Payments and Securities Settlement Initiative (SAPI) objective is to describe and assess the payments … provide guidance, advice and alternatives to current practices. This report, payments and securities settlement systems in …
Persistent link: https://www.econbiz.de/10012247478
Global survey outcomes presented in this publication are divided into two main sections: Chapters I through VIII analyze the survey results and identify trends using various variable for cross-country comparisons. In addition to worldwide totals, three broad country characteristics exogenous to...
Persistent link: https://www.econbiz.de/10012557725