This paper provides a theoretical framework to understand the way in which exchange controls modify the behavior of the different agents in the economy, leading
The paper reviews recent theoretical and empirical developments in the analysis of informal currency markets in developing countries. The basic characteristics
The evidence of black market exchange rate systems and their impact on macroeconomic performance is well documented in this fully researched study of the proble
FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saha