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International remittances, the sums of money and goods that immigrants send home, have recently captured the attention of bankers, economists. . .

Regionalism: Economic Analysis

Motivated by ongoing discussions concerning optimal trade arrangements in the postwar period. . .


Enshrined in Article I of the World Trade Organization’s (WTO’s) General Agreement on Trade and Tariffs (GATT). . .

Regional development banks: Stepping Up to the Future

TheRDBs, likemost multilateral development banks, are confrontedwith multifaceted challenges from a changing environment and the evolving financing needs of their members. . .

Regional development banks: Lending for Development

The RDBs’ mandate has evolved over time, as has the rationale for development finance.

Regional development banks

Regional development banks (RDBs) play a critical role in the international financial architecture.

Real exchange rate: Measuring the Real Exchange Rate

Empirical work on real exchange rates involves many judgments about how to construct real exchange rate measures. 

Real exchange rate: Empirical Challenges

Despite much work, little is known about the empirical determinants of real exchange rates.

Real exchange rate: Theoretical Approaches

Most theoretical approaches to understanding real exchange rates focus on the price of goods.

Real exchange rate

The real exchange rate, a linchpin of international economics, tells us about the overall costs in one country compared with another.

World economics articles