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Unprecedented monetary policy accommodation in advanced economies and a large, coordinated fiscal stimulus by G20 countries helped to support a solid rebound in global output right after the 2009 Global Recession. However, global growth subsequently slowed to a sluggish pace by pre-recession...
Persistent link: https://www.econbiz.de/10012257017
Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...
Persistent link: https://www.econbiz.de/10012229095
policy response to the COVID-19 pandemic across 154 jurisdictions. It documents that authorities around the world have taken …
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-term implications for both economic development and vulnerability to future crises. "--World Bank web site …
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experiences to discuss the implications of the current crisis for financial and macroeconomic policies going forward. "--World …
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This paper revisits trends in bank privatization and analyzes their economic impact over the past 25 years. Building on a novel data set of privatization events for 70 developed and developing countries, it shows that bank privatization became more frequent since the Global Financial Crisis,...
Persistent link: https://www.econbiz.de/10012257325