Stablecoins are rapidly expanding as money-like assets for payments, trading, settlement, and cross-border transfer. In response, policymakers are moving quickly to develop new regulatory frameworks to safeguard the monetary and financial system. This article develops a forward-looking,...

In 2001, Germany abolished public occupational disability insurance (ODI)-the second tier of its public DI system-for cohorts born after 1960. Using administrative data, we first document that, in the long run, overall DI inflows declined by roughly one-third. Second, using representative survey...

This study aims to assess the perceived quality of telecommunication services in Portugal and examine how governance practices influence organizational performance, addressing the lack of empirical evidence on service quality gaps in the Portuguese telecommunications sector. Specifically, it...

This chapter presents an overview of the social housing system in Germany. Unlike in many other contexts, social housing in Germany is conceived as a temporary, marketcorrecting policy; therefore, the social housing function is limited in time. While partially provided by the state, it is...

The Serbian case illustrates the complex interplay between post-socialist transformations, market liberalisation, and the retreat of the state from housing provision. Despite a comprehensive legal framework, social housing (redefined in 2016 as "housing support") remains marginal, representing...

La nueva versión de los diagnósticos del sector privado de los países tiene como objetivo promover el crecimiento y la inversión impulsados por el sector privado. En cada uno de los informes, preparados de manera conjunta por las instituciones del Grupo Banco Mundial, se examina el entorno...