Bitcoin is the first technology for the final transfer of digital goods online, facilitating instant global payments without intermediation. Bitcoin's operation is based on a distributed, decentralized, and transparent asset ledger that acts as an ongoing chain record of all transactions. The...

Both domestic and foreign trade need financial services at each and every step of the business cycle. This role is carried out by both domestic as well as Foreign Financial Institutions (FFIs). This paper aims to take a review of financial services provided by FFIs operating in India based on...

We build a new Keynesian DSGE model consisting of two heterogeneous countries participating in a monetary union. We study how public debt consolidation in a country with high debt (like Italy) affects welfare in a country with solid public finances (like Germany). Our results show that debt...

This paper provides an overview of the international business and entrepreneurship implications of Brexit. Our perspective is preliminary and based on a review of the practitioner, policy, and academic literature over the first month following the Brexit vote. We highlight some of the...

Spanish Abstract: La idea de crear el Centro de Solución de Controversias en Materia de Inversiones de la Unión de Naciones Suramericanas (UNASUR) (Centro) surgió a partir del año 2008. Ecuador, país miembro de UNASUR que en el año 2009 denunció el Convenio del Convenio sobre Arreglo de...

The idea of creating the Centre for the Settlement of Investment Disputes (Centre) of the Union of South American Nations (in Spanish, UNASUR) emerged in 2008. Ecuador, a UNASUR member state, denounced the Convention on the Settlement of Investment Disputes between States and Nationals of Other...

Levy Yeyati and Sturzenegger (2001, 2003, 2005) proposed an exchange rate regime classification based on cluster analysis to group countries according to the relative volatility of exchange rates and reserves, thereby shifting the focus from a de jure to de facto approach in the empirical...

Financialization period is the most important crossroads of the neoliberal globalization policies. Neoliberal economic policies are created after the 1980 worldwide financial capital in the reorganization of the globalized world with the expansion of the leading and dominant opinion. After...

If the location of a firm's operations is relevant for financing, multinationals should have easier access to different foreign sources of funding relative to purely domestic firms because their operations are located in multiple countries. Consistent with this hypothesis, I find that U.S....