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There is a growing debate on the relative merits of universal and targeted social assistance...

This paper examines key considerations around central bank digital currency (CBDC) for use by the...

Since the adoption of the inflation targeting framework by Bank Indonesia (BI), monetary policy...

We study the transmission of monetary shocks across euro-area countries using a dynamic factor...

The COVID-19 pandemic will hit Montenegro hard, as tourism is a key industry. Fiscal space has...

Major transformations in payment and settlements have occurred in generations. The first...