Paid Remittance Giants 2022
Raulin Cadet | Published Jan. 9, 2024 | Updated Jan. 9, 2024Personal remittances become a key indicator in many countries, significantly contributing to supporting their foreign exchange reserves. These funds primarily originate from immigrants who send money to assist their relatives. Which countries are making the highest volume of personal remittances?
Definition: Acording to the World Bank, personal remittances include both transfers from residents of one economy to residents of another …
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US Unemployment - Cost of Inflation Targeting
Raulin Cadet | Published Dec. 25, 2023 | Updated Dec. 25, 2023Following multiple increases in the funds rate by the Federal Reserve Bank (FRB), the trend of the unemployment rate ceases to decline and instead tends to rise. Does the Federal Reserve Bank policy achieve its goal? In fact, its goal was to bring inflation down to the 2% target level.
Definition: An inflation target is a precise annual inflation goal that …
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Haiti's Path to Prosperity: Key Actions
Raulin Cadet | Published Dec. 19, 2023 | Updated Dec. 20, 2023Haiti is experiencing a profound socioeconomic and political crisis. As the international community seeks solutions to the political crisis, this economy faces negative GDP growth and high inflation. In light of these challenges, what steps can be taken to reverse the current economic downturn? This week, I attended an online presentation of the results of the Trase Chimen project, …
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