The economic crisis triggered by the COVID-19 outbreak has severely affected the global economy. The ultimate scale of the recession is yet to be determined, but it is likely to be the most dramatic slump sinceWorldWar II. The impact of the crisis on the financial sector, especially consumer...

This article studies the effect that the process of capital controls lifting and interest rate deregulation have brought about on growth in the EU-15 over the period 1960-2001. The evidence supports the existence of a positive growth impact from the liberalization of both capital controls and...

Remittances have greatly increased during recent years, becoming an important and reliable source of funds for many developing countries. Therefore, there is a strong incentive for receiving countries to attract more remittances, especially through formal channels that turn to be either less...