Financial Sector

In a striking example, Albania has shown how the tourism sector can drive economic development. Following the country’s turbulent economic and political transition in the 1990s, tourism was…

A disruption in trade finance –as happened during the COVID19 pandemic – can drive companies out of business, resulting in job losses and further damage to the economy as employment and investment…

The sharp rise in U.S. interest rates over the past year poses a significant threat to emerging markets and developing economies (EMDEs). Its monetary tightening on financial conditions and…

Worldwide, trade and investment have been primary drivers of growth for developing economies, lifting hundreds of millions of people out of poverty. But Africa’s fractured internal market has…

Firms play an important role in the impact of payroll taxes on their workers and different firms respond differently to payroll tax cuts. Findings suggest that governments need to consider the…