Showing 1 - 10 of 157
This paper addresses whether microcredit participants in Bangladesh are trapped in poverty and debt, as many critics … microcredit participation, especially for women. They also show that the accrued benefits of borrowing outweigh accumulated debt …. As a result, households' net worth has increased, and both poverty and the debt-asset ratio have declined …
Persistent link: https://www.econbiz.de/10009732095
Persistent link: https://www.econbiz.de/10009419154
Persistent link: https://www.econbiz.de/10009787157
expansion of global nonfinancial corporate debt after the 2008-09 global financial crisis. Nonfinancial corporate debt steadily … increased after the crisis, especially in emerging economies. Between 2008 and 2018, corporate debt increased from 56 to 96 …. Nonfinancial corporate debt was mainly issued through bond markets, and its growth can be largely attributed to accommodative …
Persistent link: https://www.econbiz.de/10012296893
and represents USD 22.1 trillion in total assets and USD 6.05 trillion in total debt. The findings show that, prior to the … pandemic, almost 60 percent of the debt was associated with firms that already exhibited vulnerabilities according to at least …
Persistent link: https://www.econbiz.de/10012297938
new sources, such as international bond issuances and debt inflows from non-Paris Club governments. The main message is …
Persistent link: https://www.econbiz.de/10012008166
Debt vulnerabilities in low-income countries have increased substantially in recent years. Since 2013, median … government debt has risen by about 20 percentage points of gross domestic product and increasingly comes from non … financial conditions given high levels of external debt, lack of fiscal space, low foreign currency reserves, and undiversified …
Persistent link: https://www.econbiz.de/10012008299
Colombia has reduced extreme poverty in the past 16 years by almost half, moderate poverty by 22 percentage points, and made more than four million Colombians jump the threshold of multidimensional poverty. However, it remains one of the most unequal countries in the region, after Brazil and...
Persistent link: https://www.econbiz.de/10012230740
Fiscal policy is central to not only macroeconomic stability and growth, but also to poverty and inequality reduction. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It analyzes the combined and individual incidence of...
Persistent link: https://www.econbiz.de/10012257124
when a country is under heavy debt burdens because it sends positive signal about the country's solvency situation and long … debt levels are high. Fiscal austerities are measured as 1) narrative fiscal shocks and 2) structural shocks from a proxy … SVAR. Additionally, this paper uses a model-based approach to determine the cutoff debt level beyond which EFC is expected …
Persistent link: https://www.econbiz.de/10012297616