"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more...

A number of countries have introduced or are considering the introduction of a trade information portal as a means of facilitating trade and increasing transparency. For World Trade Organization (WTO) members or countries in the process of acceding to the WTO, a trade information portal will...

Morocco strives to reach a similar per capita income level to that of upper-middle income countries, and to reduce unemployment, which particularly affects women and youth. To meet these goals, the government recognizes the need to shift from a low-technology economy with a strong agricultural...

This report provides an assessment of whether and how multilateral platforms could bring meaningful improvements to the cross-border payments ecosystem. It was written by the Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) in collaboration with the BIS...

Authorities in Mexico are seeking solutions to the complex task of improving efficiency in the financial and government sectors when identifying individuals and legal entities, while balancing other public-policy objectives, such as governance, technological neutrality, safety, privacy, and...

Madagascar is an island nation located in the Indian Ocean off the south-eastern coast of Africa, and the fourth-largest island in the world. Despite the country's extensive economic opportunities and expansive natural resources, real GDP per capita is one of the lowest in the world. This...

Myanmar has experienced a series of total and partial internet shutdowns since the military coup in February 2021. These restrictions have varied in intensity across the country and over time, ranging from the complete shutdown of all wireless broadband services and nightly shutdowns of fixed...

This note examines the implications of digital innovation for market structure and attendant policies, including financial and competition regulation. There have been several surveys of regulatory responses. This note takes a step back, to look at what the economic theory of banking and...

This report provides a region-wide analysis on the status of the digital economy in South Asia. It identifies opportunities and challenges for national and regional action to realize the transformational potential of digitalizing economies, societies, and governments. The report synthesizes and...

The report presents both the opportunities of and the bottlenecks for furthering the digital agenda. It emphasizes that the first step is to get the basics right. This includes enabling access to and adoption of high-quality affordable broadband, initiating a paradigm shift in building digital...