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The Indirect Cost of Natural Disasters and an Economic Definition of Macroeconomic Resilience
Hallegatte, Stéphane - 2015
The welfare impact of a disaster does not depend only on the physical characteristics of the event or its direct impacts in terms of lost lives and assets. Depending on the ability of the economy to cope, recover, and reconstruct, the reconstruction will be more or less difficult, and the...
Persistent link: https://www.econbiz.de/10012245986
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Which firms benefit from corporate QE during the COVID-19 crisis? : the case of the ECB’s Pandemic Emergency Purchase Program
Demirgüç-Kunt, Asli; Horváth, Bálint; Huizinga, Harry - 2020
Using an event study methodology, this paper examines how European firms have been affected by the announcement of the European Central Bank's Pandemic Emergency Purchase Program (PEPP). Firms with an investment grade rating benefit relatively more, as evidenced by higher share prices and lower...
Persistent link: https://www.econbiz.de/10012297203
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Banking sector performance during the COVID-19 crisis
Demirgüç-Kunt, Asli; Pedraza, Alvaro; Ruiz-Ortega, Claudia - 2020
This paper analyzes bank stock prices around the world to assess the impact of the COVID-19 pandemic on the banking … vulnerabilities will need to be carefully monitored as the pandemic continues to take a toll on the world's economies …
Persistent link: https://www.econbiz.de/10012297394
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The financial costs of the U.S.-China trade tensions : evidence from East Asian stock markets
De Nicola, Francesca; Kessler, Martin; Nguyen, Ha - 2019
This paper examines the impacts of U.S.-China trade tensions via the lens of East Asian stock markets. Studying 10 indices of the main East Asian stock markets, it finds that announcements of "trade war" escalation translated into 50 to 60 percent of the total declines in two major Chinese stock...
Persistent link: https://www.econbiz.de/10012167933
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The rail freight challenge for emerging economies : how to regain modal share
Aritua, Bernard - 2019
followed by a corresponding increase in freight moved by rail. This report highlights the fact that, in a world of changing …
Persistent link: https://www.econbiz.de/10012644052
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Atlas of global development
World Bank - 2009 - 2nd ed
Persistent link: https://www.econbiz.de/10012644073
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Global economic prospects : commodities at the crossroads
2009
Persistent link: https://www.econbiz.de/10012644080
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Development economics through the decades : a critical look at 30 years of the world development report
Yusuf, Shahid - 2009
A star is born -- Freeing the world of poverty -- How much farther can we see? -- Where to now? …
Persistent link: https://www.econbiz.de/10012644082
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Turn Down the Heat : Confronting the New Climate Normal
2014
extremes considered highly unusual or unprecedented today would become the new climate normal-a world of increased risks and …, and reducing global inequality will be very challenging in a 2 Degree C world, but in a 4 Degree C world there is serious … felt today and the unavoidable consequences of a rapidly warming world. The benefits of strong, early action on climate …
Persistent link: https://www.econbiz.de/10012644088
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The Changing Wealth of Nations 2018 : Building a Sustainable Future
Lange, Glenn-Marie - 2009
Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth-the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their...
Persistent link: https://www.econbiz.de/10012644094