Central bank digital currency (“CBDC”) is a crucial FinTech development that aspires to overhaul the current payment system. In the wake of the COVID-19 pandemic, CBDCs' promises to reduce personal contact, facilitate socially desirable use of…
Economic, financial, and social ties are strong between the European Union and its neighborhood. More resilient societies in the EU’s neighborhood would mean that they are liable to suffer less damage from regional conflicts and global crises – and…
This paper analyzes the link between joining global value chains (GVCs) and firms’ environmental performance. Based on new survey data for firms in countries in Central Asia, Eastern Europe, and MENA, we use propensity score matching (PSM) to…
Regulatory measures on cross-border data flows are essential to personal data protection laws. The General Data Protection Regulation (“GDPR”) of the European Union (“EU”) is one of such influential personal data protection regimes, which has become…
Tourism and foreign real estate investment (FREI), both represent important sources of foreign income for some emerging nations. Mauritius, a small island economydepends largely upon tourism and it has been promoting FREI over the past two decades…
E-commerce is growing rapidly in Argentina and Brazil, and in both countries the share of the population participating in e-commerce transactions exceeds the Latin American average. Both countries have established a legal framework for data…
Using country-level panel data, this study investigates the impact of foreign direct investment on the gross domestic product per capita in the Common Market for Eastern and Southern Africa region over the 2000- 2015 period. The estimates are…
The Global Priorities Institute at Oxford University, inspired by the effective altruism movement, has created a research agenda to prioritize the research that has the potential to do the most good over the long term (https://…
The contribution of the tourism sector towards the development of host nations is undeniable in that it provides several benefits such as creation of employment, generation of added value and tax revenue, and boosting of inward foreign direct…