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The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward bankruptcy. This paper provides a unified framework to organize the policy debate related to firm financing during the downturn, centered along four main points. First, the economic...
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This paper examines changes in bank capital and capital regulations since the global financial crisis, in the Europe and Central Asia region. It shows that banks in Europe and Central Asia are better capitalized, as measured by regulatory capital ratios, than they were prior to the crisis....
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This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on …, education, market efficiency, infrastructure, and institutions. Based on underlying proxies, the paper constructs indexes … Penn World Table, and assesses the pattern of productivity growth across regions and income groups over the same sample …
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South Africa has implemented a risk assessment and management framework, supported by the World Bank Treasury. The team …
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