European authorities are encouraging internal devaluation by GIPSI countries in order to improve their competitiveness and reduce current account deficits. However, this option introduces an additional source of risk, as it may generate deflation, making fiscal consolidation for this countries...

Financial technology (FinTech) is driving innovation in the financial industry worldwide. This article contributes to answer the question of whether FinTech firms and traditional financial institutions compete or collaborate. We use the decade of 2010s in Spain as a case study – a country with...