The financial sector is currently undergoing a major transformation, brought about by the rapid development and spread of new technologies. The confluence of 'finance' and 'technology' is often referred to as 'Fintech', typically describing companies or innovations that employ new technologies...

Since its adoption in December 2015 by the 21st Conference of Parties (COP21), within the United Nations Framework Convention on Climate Change (UNFCCC), 175 countries to date have ratified the Paris Agreement. These countries have made commitments Nationally Determined Contributions (NDCs), in...

This Guidance Paper provides a primer on distributed ledger technology (DLT) and highlights the junctures at which this new technology meaningfully impacts secured transactions frameworks. The aim is to identify legal and regulatory hotspots, laying the groundwork for their detailed and...

This Guidance Note examines the potential of Distributed Ledger Technology (DLT) within the context of the UNCITRAL Model Law on Secured Transactions. While this model is the primary reference, the Guidance Note also provides examples from domestic secured transactions frameworks, especially...

With growth in Europe and Central Asia likely at its peak, this report addresses two questions. Howwell is the region prepared for an expected slowdown? How well has the economic upswing beenused to adjust to the digital revolution? The report specifically focuses on cryptocurrency andblockchain...

The paper offers an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). It outlines a series of alternative interpretations and definitions of what the rise of GVCs entails, and it traces the implications of these alternative conceptualizations for the...

This paper provides insights to inform government efforts to attract and retain foreign direct investment, by analyzing the results of a survey of more than 2,400 affiliates of multinational enterprises across 10 middle-income countries. The paper explores corporate perspectives and...

Integration into global markets can improve the efficiency of the Argentinian economy, providing opportunities for private investment to flourish and for the associated benefits to accrue to consumers. Among many policies that are important for integrating into the global economy, particularly...