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Fiji has been among the hardest hit by the pandemic-with infection rates at one point among the highest in the world. Despite swift action by the government to close borders, protect the population, and mitigate the worst economic effects, the economic contraction was the worst in Fiji's...
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The UK's rapid vaccination campaign enabled it to start to reopen the economy in the Spring of 2021. With highly accommodative policies, the recovery has been faster than expected. However, capacity constraints and rising price pressures have emerged while new Covid-19 variants have raised new...
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The Canadian economy was operating at close to capacity and had strong policy buffers when the COVID-19 pandemic hit. Economic and social restrictions put in place in March 2020 helped to mitigate the first wave of the virus, but they came at a significant cost. There was an unprecedented...
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household credit in Romania has given rise to a need for revisiting the design of existing macroprudential tools addressing … household vulnerabilities. The National Bank of Romania is considering a redesign of its existing macroprudential tool related … to household indebtedness, including expanding its scope to cover all household loans. The analysis of loan-level data …
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