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City local governments have been facing multiple challenges due to the COVID-19 pandemic to secure adequate financial resources for response and recovery. This report assesses the impact of the pandemic on local governments' financial situations through cross-country analysis and comparison....
Persistent link: https://www.econbiz.de/10013255013
The COVID-19 pandemic is posing an existential threat to the air transport sector globally, including in Africa. Due to sustained and significant loss of revenue coupled with the presence of several fixed and quasi-fixed inputs in this sector, the survival of carriers is questionable in the...
Persistent link: https://www.econbiz.de/10013255122
Persistent link: https://www.econbiz.de/10010525961
Warsaw, is the heart of the Polish economy. While Poland is weathering the current global economic downturn fairly well, the …
Persistent link: https://www.econbiz.de/10012550635
Over the period 2019-21, Albania had to confront dual shocks: the 2019 earthquake and the COVID-19 pandemic. Both had sizable impacts on the country's economy. The COVID-19 pandemic took a heavy toll on an economy already affected by the earthquake in 2019. Key sectors were put in lockdown in...
Persistent link: https://www.econbiz.de/10013254959
Iran's economy is gradually recovering following a lost decade (2011-2020) of negligible economic growth. Less stringent COVID-19 restrictions, adaptation to the new normal - reflected in a recovery in consumption, and more favorable oil sector conditions have driven a four-quarter rebound after...
Persistent link: https://www.econbiz.de/10013255416
Since the beginning of the pandemic, efforts have been made to monitor both school closures (and re-opening) and the measures put in place to ensure continuity of learning. These include the Survey of Ministries of Education on National Responses to COVID-19, jointly supported by UNESCO, UNICEF...
Persistent link: https://www.econbiz.de/10013255450
The economic shock of the coronavirus outbreak has an unprecedented impact on public finances. Governments are … sharply down. Communicating the financial consequences of Coronavirus (COVID-19) to all stakeholders in a timely manner is …
Persistent link: https://www.econbiz.de/10012647641
employment. The unemployment rate increased sharply,approximately doubling to 10.4 percent in the second quarter as measured by …
Persistent link: https://www.econbiz.de/10012647670