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Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not kept pace with the intensive modernization that has characterized domestic payment services...
Persistent link: https://www.econbiz.de/10012817614
In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of some private entities to replicate specific properties of cash in the digital space. Digital currencies have been issued in various electronic formats and value propositions, and...
Persistent link: https://www.econbiz.de/10012817615
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/10012817616
This report aims at assisting Maldives Monetary Authority (MMA) to establish an effective oversight framework to monitor the different payment and settlement systems, payment instruments and payment service providers in the Maldives. The framework for oversight is based on the Bank for...
Persistent link: https://www.econbiz.de/10012646629
formal principle-by-principle assessment. It was conducted as part of the joint IMF-World Bank Financial Sector Assessment …
Persistent link: https://www.econbiz.de/10013413749
The World Bank Treasury's Reserve Advisory and Management Partnership (RAMP) conducted its third survey on reserve … represent the views of the International Bank for Reconstruction and Development and World Bank and its affiliated organizations … or those of the Executive Directors of the World Bank or the governments they represent …
Persistent link: https://www.econbiz.de/10012700674
The Country Opinion Survey in Macedonia assists the World Bank Group (WBG) in gaining a better understanding of how …
Persistent link: https://www.econbiz.de/10012564600
Russia saw strong growth in 2021, with momentum weakening late in the year. Growth will slow as Russia battles COVID-19 and elevated inflation. Globally, environmental sustainability is becoming central to the economic agenda. The challenge for Russia is to fundamentally transform its economic...
Persistent link: https://www.econbiz.de/10013181668
The Kyrgyz Republic became a parliamentary democracy in 2010 following political turmoil and ethnic unrest. Kyrgyz Republic's economy has been resilient; however, the growth momentum of the past few years has been declining due to the difficult global economic environment and regional conflicts'...
Persistent link: https://www.econbiz.de/10012644606
Persistent link: https://www.econbiz.de/10000896315