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Social Science > Emigration and Immigration

You are looking at 1 - 2 of 2 items for :

  • Type: Journal Issue x
  • Innovation; Research and Development; Technological Change; Intellectual Property Rights: General x
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Cover IMF Working Papers
Quantum Computing and the Financial System: Spooky Action at a Distance?
Mr. Michael Gorbanyov
,
Majid Malaika
, and
Tahsin Saadi Sedik
The era of quantum computing is about to begin, with profound implications for the global economy and the financial system. Rapid development of quantum computing brings both benefits and risks. Quantum computers can revolutionize industries and fields that require significant computing power, including modeling financial markets, designing new effective medicines and vaccines, and empowering artificial intelligence, as well as creating a new and secure way of communication (quantum Internet). But they would also crack many of the current encryption algorithms and threaten financial stability by compromising the security of mobile banking, e-commerce, fintech, digital currencies, and Internet information exchange. While the work on quantum-safe encryption is still in progress, financial institutions should take steps now to prepare for the cryptographic transition, by assessing future and retroactive risks from quantum computers, taking an inventory of their cryptographic algorithms (especially public keys), and building cryptographic agility to improve the overall cybersecurity resilience.
Keywords:
quantum computing; quantum-safe encryption; cybersecurity; fintech.; fintech; functioning quantum computer; computing technology; quantum machine; encryption standard; hardware capability; cloud service; Computer science; Migration; Financial sector; Global
Cover IMF Working Papers
Convergence of Per Capita Output Levels Across Regions of Bangladesh, 1982-97
Mr. Akhtar Akhtar Hossain
This paper has examined the phenomenon of convergence of per capita output levels across regions of Bangladesh during 1982–97. The main finding is that most of the regions of Bangladesh experienced strong convergence of per capita output levels during 1982–91. There are two other findings within the domain of convergence. First, a few poorer regions of the country did not demonstrate any output convergence for the full or part of the sample period. Second, no evidence has been found for regional convergence of per capita output levels during 1991–97 that coincided with opening up the economy.
Keywords:
WP; output level; regression equation; Bangladesh economy; country map; Gulf country; beta convergence; per capita income; standard deviation; lagging country; Personal income; Production growth; Population growth; Migration; East Asia; Africa; Asia and Pacific; Global