Analysis of a poll of nine of the major remittance recipient countries in order to understand the market of remittances, the major trends in money transfers and the macro-economic effects on their economies. It will review industry and market behavior in money transfers, pricing, as well as...

Analysis of a poll of nine of the major remittance recipient countries in order to understand the market of remittances, the major trends in money transfers and the macro-economic effects on their economies. It will review industry and market behavior in money transfers, pricing, as well as...

Analysis of a poll of nine of the major remittance recipient countries in order to understand the market of remittances, the major trends in money transfers and the macro-economic effects on their economies. It will review industry and market behavior in money transfers, pricing, as well as...

Analysis of a poll of nine of the major remittance recipient countries in order to understand the market of remittances, the major trends in money transfers and the macro-economic effects on their economies. It will review industry and market behavior in money transfers, pricing, as well as...

Abundant empirical evidence links well-functioning institutions and good governance to better economic and social outcomes. It is thus an important challenge to determine which conjunction of factors produces better institutions. Along this line, the objective of this paper is twofold. First, it...

This paper discusses the ways in which macroeconomic developments can put stress on banks, and in extreme cases lead to banking crises. These macroeconomic causes of bank vulnerability and crisis have important implications for regulatory regimes, and for macroeconomic policy itself. Much of the...

This paper presents theory and evidence on the determinants of the size of the informal sector. We propose a simple theoretical model in which the informal sector's size is negatively related to institutional quality and positively related to income inequality. These predictions are then...

This paper shows that budget deficits account for a relatively small fraction of debt growth and that stock-flow reconciliation, which is often considered a residual entity, is one of the key determinants of debt dynamics. After having explained the importance of the stock-flow reconciliation,...