In the aftermath of the 2007/08 financial crisis, and lacking sufficient coordinated guidelines or legislation, measures to address failing financial institutions in European Union (EU) Member States were taken at national level. In an effort to improve cross border coordination as well as to...

There is growing awareness globally about the potential impacts of climate change on financial stability. Climate-related financial risks can be broadly grouped into two categories: (i) climate physical risks, which are financial risks stemming from the gradual and abrupt impacts of climate...

The 2007 financial crisis has exposed major weaknesses in global financial systems, including the threat to financial stability posed by banks that were too big, interconnected and complex to be closed or go bankrupt. As a result, many banks have been rescued using public support, allowing for...

This paper presents an innovative yet practical framework to assess corporate sector vulnerability and the links to exchange rates and financial crises that bridges the gap between corporate finance and macroeconomic analysis. This framework missing describing how changes in aggregate value of...

The post disaster needs assessment (PDNA) assesses the impact of the April 25, 2015 earthquake in Nepal and defines a recovery strategy. In the analysis, damage is defined as the cost to replace durable physical assets (buildings, equipment, facilities, and machinery) that were damaged or...

This Report examines if and how expert witnesses impact the integrity, impartiality and efficiency of adjudication in four countries—Serbia, Montenegro, North Macedonia and Bosnia and Herzegovina (BiH). The report is part of a broader World Bank initiative to raise awareness of reform...

This note will examine the distributional and efficiency issues associated with the fiscal response to the COVID-19 (coronavirus) crisis in Da Nang city and nationally in Vietnam. More specifically, we look at the social assistance (cash transfer) programs. Did these programs efficiently reach...

The national economy of Vietnam was affected by the April 2020 lockdown meant to contain the domestic spread of the COVID-19 (coronavirus) virus and subsequent outbreaks in Da Nang and Ho Chi Minh City. Nevertheless, the economy showed exceptional resilience. Gross domestic product (GDP) grew by...

This note analyzes the short-term effects of the COVID-19 (coronavirus) shock during the first year of the crisis and presents alternative medium-term recovery scenarios. It asks a set of questions, and in answering those questions, provides policy suggestions for the Vietnamese...

This report is part of a larger series of stocktaking and analytical products on plastic pollution in South Asia. It supports the Bank's commitment to work with countries of South Asia to pursue and scale-up policies and programs that help them move toward a circular plastic economy and, in...