Payment stablecoins are set to become important financial instruments (TBAC 2025). This prospect has prompted recent regulatory initiatives for fully backed fiat currency-pegged stablecoins usable
European firms tend to be smaller and less productive than US firms. Qualitative and survey-based evidence suggests that one key reason is the remaining barriers
Existing evidence on carbon leakage is mixed. Early ex-post studies of carbon pricing typically found little evidence of leakage, largely because of low carbon prices
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