By Myriam Vander Stichele | Guest Blog | March 27, 2023
All around the world, people are increasingly using their phones or other mobile devices for payments and other personal financial activities. The digitalised provision of specific financial services is referred to as “fintech” and makes use of innovative software and technologies, mobile devices, the Internet, and various other technologies. Fintech has brought about new business models and is claimed to be causing a paradigm shift. However, citizens are hardly aware of the possible hazards for their finances and privacy,…
By Biswajit Dhar | Special Report | March 7, 2023
In its seven and a half decades of existence, questions regarding the legitimacy and democratic credibility of the multilateral trading system have often been asked on two fundamental grounds. The first stems from the questions regarding its internal legitimacy, essentially the transparency and inclusiveness of its decision-making processes. Questions regarding transparency have become more louder in recent decades, while issues regarding inclusiveness, especially from the point of view of the majority of its members, the developing countries have been…