Showing 1 - 10 of 27
The U.K. financial sector is globally systemic, open, and complex. It has weathered the COVID-19 pandemic fittingly, thanks to the post-GFC reforms, a proactive macroprudential stance, and an effective multipronged response to maintain financial stability. Brexit uncertainties are being handled...
Persistent link: https://www.econbiz.de/10013168903
This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model features a forward-looking benevolent government that needs to decide the optimal fiscal stance given the level of public debt, the cyclical position of the economy, and...
Persistent link: https://www.econbiz.de/10012108360
This paper provides an assessment of the insurance sector in the United Kingdom. The United Kingdom has one of the … deepest, most developed insurance markets in the world. Insurance penetration is 50 percent higher than in the European Union … or other advanced economies, and the expenditure per capita in insurance amounts to USD 5,429 as compared with USD 3 …
Persistent link: https://www.econbiz.de/10011675319
Sweden entered the pandemic with substantial buffers and suffered a relatively shallow recession in 2020. The decline … in output was moderated by substantial income and liquidity support as well as structural features of the economy. Sweden …
Persistent link: https://www.econbiz.de/10012516744
This Article IV Consultation highlights that Sweden's growth is expected to slow in 2019, with material downside risks …
Persistent link: https://www.econbiz.de/10012011240
This 2017 Article IV Consultation highlights Sweden's continued strong economic growth. Real GDP is expected to rise by …
Persistent link: https://www.econbiz.de/10011756475
Persistent link: https://www.econbiz.de/10001720916
Pre-pandemic, Bosnia and Herzegovina's (BiH) economy was growing, but at a pace below the more successful countries in Eastern Europe. The pandemic generated a substantial output contraction in 2020. Early in the pandemic, the authorities successfully implemented restrictions to prevent the...
Persistent link: https://www.econbiz.de/10012516478
The pandemic dealt a severe blow to the Italian people and their economy. GDP fell by nearly 9 percent in 2020, with much larger drops for contact-intensive services. Public and corporate debt increased strongly and preexisting vulnerabilities have likely worsened. The government is prioritizing...
Persistent link: https://www.econbiz.de/10012604038
Eurobond. The banking system was rationalized, partly capitalized, its liquidity substantially improved, and a strategy is …
Persistent link: https://www.econbiz.de/10012697036