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This policy brief investigates the likelihood of corporate insolvency and the potential implications of debt overhang of non-financial corporations associated with the Coronavirus (COVID-19) outbreak. Based on simple accounting exercises, it evaluates the extent to which firms may deplete their...
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The slowdown of economic activity caused by the COVID-19 outbreak and related emergency measures implemented to tackle the health crisis have led to severe difficulties for companies to meet their financial obligations. Many of the fixed costs, such as rents and interest payments, remain due...
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Le monde de l'assurance joue un rôle croissant dans les économies nationales, ce qui ne fait que renforcer l'importance de la solvabilité des compagnies d'assurance. Or, comment se tenir informé des règles et pratiques régissant le contrôle de la santé financière des compagnies...
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