The German federal government's fiscal consolidation package, announced in June, is designed to permanently reduce the federal deficit to a new target level. This article uses a three-region version of the European Commission's QUEST model to gauge the impact of the package on Germany and the...

World Bank Group President David Malpass highlighted that in the first year of the pandemic, the World Bank Group committed USD 180 billion to help countries respond to the health, economic, and social impacts of the pandemic. The Bank authorized USD 12 billion to help countries access and...

World Bank Group President David Malpass spoke about the pandemic that is having severe economic and health impacts around the world, and how the food sector is critical. He mentioned that the Coronavirus (COVID-19) has exposed long-standing problems in the global food system. He highlighted on...

This paper analyzes a prominent dimension of the initial policy response to the COVID-19 pandemic observed in many countries: the imposition of export restrictions and actions to facilitate imports. Weekly data on the use of trade policy instruments during the first seven months of the COVID-19...