"According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe. The reason is that a devaluation of the currency lowers the relative price of non-tradable...

"The contribution of return migrants to economic development in source countries can be significant. Overseas savings of returnees may lead to improvements in household welfare and provide liquidity for investments in the face of credit market failures. Labor market experience and skills...

This report is structured in three volumes: competition provisions; environment provisions; and labor mobility provisions. The main messages of this three volumes are as follows: 1) competition laws and policies are increasingly being established at the regional level, as they could be...

The COVID-19 pandemic affected people's livelihoods in many ways, particularly in developing countries. This paper examines the degree to which recovering mobility levels impacted labor market outcomes in Kenya over the course of the pandemic, starting from May 2020 until June 2021. It uses an...