Yet I believe these concerns are somewhat misplaced and secondary to the potential of the Libra to profoundly disrupt the way we might settle our debts and pay for goods and services, and anything else, in the future.
Not using a government-issued but rather privately generated means of payment.
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Hide full Aims & Scope Below is a recent list of 2018—2019 articles that have had the most social media attention.
Facebook has been in the news lately, this time about the development of a digital means of payment, the Libra.
Unlike typical crypto currencies, whose valuations are fluctuating immensely, even during short periods, the Libra intends to...
Using five different panel specifications and controlling for country specific heterogeneity, time specific heterogeneity, and openness this paper explores that the bias is more prominent in government sector compared to other component of aggregate spending.
JEL Classification: F3In theoretical literature, smuggling is considered as a factor contributing to the deviation of the PPP-based exchange rates from the equilibrium exchange rates with little empirical support. more In theoretical literature, smuggling is considered as a factor contributing to the deviation of the PPP-based exchange rates from the equilibrium exchange rates with little empirical support.
Palabras Clave: devaluaciones, provincias, contracciones, gasto pro-cíclico, proporción de no transables Abstract Devaluating is usual in Developing Countries in order to improve competitiveness recurrently in the short-run.
It particularly matters for countries with important Current Account imbalances.