Feb 2020
Author(s): Ventosa-Santaulària, Daniel; Rodríguez Caballero, Carlos Vladimir; López, Arnoldo
This paper analyzes the effect on the level and volatility of the Central American countries' exchange rates of transferring remittances through central banks. Given the importance of…
Mar 2018
Author(s): Hernández, Juan
Many emerging economies maintain significant positions in both external sovereign debt and foreign reserves, paying spreads of over 250 basis points on average. Arguments advanced in empirical work…
Mar 2018
Author(s): Herrera, Diego; Vadillo, Sonia
The FinTech industry has grown significantly in Latin America and the Caribbean and has become an alternative for improving regional financial inclusion levels. However, the innovations brought about…
Mar 2018
Author(s): Herrera, Diego; Vadillo, Sonia
La industria FinTech ha venido creciendo de manera significativa en América Latina y el Caribe (ALC) y se ha constituido en una alternativa para mejorar los niveles de inclusión financiera regionales…
Jun 2016
Author(s): Rojas-Suárez, Liliana
This paper shows that, in spite of recent progress in the usage of alternative financial services by adult populations, Latin America's financial inclusion gaps relative to either high-income…
Apr 2016
Author(s): Ketterer, Juan Antonio; Andrade, Gabriela
Innovations in digital payment technologies and digital currencies suggest that extending access to central bank money (CBM) to firms and individuals is now feasible. This paper focuses on a recent…