Search Results

Your search found 6 documents


Renminbi Usage in Cross-Border Payments: Regional Patterns and the Role of Swaps Lines and Offshore Clearing Banks

Author/Editor: Hector Perez-Saiz, Longmei Zhang.

Release Date:March, 2023

The paper examines the usage of the Renminbi (RMB) as an international payment currency. Globally, the use of RMB remains small, accounting for 2 percent of total cross-border transactions. Using more...



Price: $20.00
Currency Usage for Cross Border Payments

Author/Editor: Hector Perez-Saiz, Longmei Zhang, Roshan Iyer.

Release Date:March, 2023

While the global usage of currencies other than the U.S. dollar and the euro for cross-border payments remains limited, rapid technological (e.g. digital money) or geopolitical changes could more...



Price: $20.00
The African Continental Free Trade Area: Potential Economic Impact and Challenges

Author/Editor: Lisandro Abrego, Mario de Zamaroczy, Tunc Gursoy, Garth P Nicholls, Hector Perez-Saiz, Jose-Nicolas Rosas.

Release Date:May, 2020

Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, more...



Price: $10.00
Stress Testing in Sub-Saharan Africa : Practices, Communications, and Capacity Development

Author/Editor: Mindaugas Leika, Hector Perez-Saiz, Olga Ilinichna Stankova, Torsten Wezel.

Release Date:May, 2020

The paper finds that supervisory stress tests are conducted in more than half of sub-Saharan African countries, particularly in western and southern Africa, and that the number of individual stress more...



Price: $20.00
The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages

Author/Editor: Hector Perez-Saiz, Jemma Dridi, Tunc Gursoy, Mounir Bari.

Release Date:August, 2019

We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s more...



Price: $18.00
The African Continental Free Trade Agreement: Welfare Gains Estimates from a General Equilibrium Model

Author/Editor: Lisandro Abrego, Maria Alejandra Amado, Tunc Gursoy, Garth P Nicholls, Hector Perez-Saiz.

Release Date:June, 2019

In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization more...



Price: $18.00