📈 economics

Structural Alignment of Fiscal Policy and Recipe Reformulation: A Critical Analysis of Nigeria’s 2026 Sugar-Sweetened Beverage Tax Overhaul

This paper argues that Nigeria's 2026 shift to an ad valorem sugar-sweetened beverage tax is structurally flawed for public health goals because it fails to incentivize recipe reformulation, is obscured by high inflation, and bypasses the informal market, necessitating a transition to a tiered, gram-specific volumetric tax model.

Christopher Enasor Fregene, Dike Bevis Ojji, Abimbola Opeyemi Adgboye2026-07-07
📈 economics

Artificial Intelligence Adoption and Recruitment Efficiency in Malaysian Smes the Mediating Role of Decision-Making Quality

This study investigates how AI adoption enhances recruitment efficiency in Malaysian SMEs by examining the mediating role of decision-making quality, utilizing a quantitative approach grounded in the Technology Acceptance Model and Resource-Based View to provide empirical evidence and practical guidance for stakeholders in a developing economy.

Md Alomgir Hossain, Sultan Imam Uddin2026-07-07
📈 economics

Security, Privacy and Regulatory Governance in Digital Payments. A Systematic Review and Cross-Architecture Framework for PIX, Blockchain, and Central Bank Digital Currencies

This study employs a systematic review and the proposed Digital Payment Governance Framework (DPGF) to compare the security, privacy, and regulatory compliance trade-offs among PIX, public blockchains, and CBDCs, ultimately identifying hybrid architectures with selective disclosure as the optimal direction for next-generation payment governance.

Nilton Gomes Furtado, Julia Vasconcelos Furtado2026-07-07
📈 economics

AI and Quantum Trading Agents: Cybersecurity, Governance, and Regulatory Challenges in Financial Decision-Making

This study employs a systematic mapping review of 96 interdisciplinary sources to identify critical governance gaps and propose a comprehensive research agenda for regulating the convergence of AI and quantum technologies in autonomous financial trading, addressing the current lack of integrated frameworks for cybersecurity, accountability, and systemic risk management.

Audrey Rah2026-07-07
📈 economics

Macroeconomic Liquidity Transmission to the Cryptocurrency Market: A Correlation Study of Dxy and Usdt Dominance

This study empirically demonstrates that the relationship between the US Dollar Index (DXY) and USDT Dominance is a significant, regime-dependent correlation driven by macroeconomic liquidity conditions rather than lagged causality, with its strength and direction varying substantially across different market cycles in support of the Adaptive Market Hypothesis.

NAFI AL KAUTSAR PUTRAWAN2026-07-07
📈 economics

Disentangling the Monetary-Fiscal Nexus in a Developing Economy: A Dual-Model ARDL Analysis of Public Debt Servicing, Short-Term Debt, and Inflation in Ghana

This study analyzes Ghana's 1980–2020 data using a dual-model ARDL approach to reveal that while public debt servicing significantly reduces domestic inflation by crowding out productive spending, short-term debt maturity has no statistical impact, suggesting that currency stabilization and demand management are more critical for economic stability than altering debt profiles.

Isaac Nyame, Gabriel Osei Forkuo2026-07-07
📈 economics

Heterogeneous Trader Responses to Macroeconomic Surprises: A Simulation of Order-Flow Dynamics

This paper presents a calibrated simulation framework modeling four distinct trader archetypes to demonstrate how heterogeneous risk preferences and information levels drive varied order-flow responses to macroeconomic surprises, revealing that sophisticated, low-risk-aversion agents capitalize on shocks more effectively while ambient liquidity amplifies these dynamics.

Haochuan Wang2026-07-07