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World Bank Group President David Malpass spoke about the recession in advanced economies that is less severe than had … been feared, but in most developing economies, it has become a depression, especially for the poorest. The World Bank Group …) defers payments into the future but doesn't reduce them. The World Bank Group Board approved a package of up to twelve …
Persistent link: https://www.econbiz.de/10012647630
World Bank Group President David Malpass said that while some countries are recovering, the pandemic is still taking a … vaccine purchases and delivery. He also mentioned that the World Bank is already at work in cooperation with WHO, UNICEF, the … World Bank's engagement with them. Under his Presidency, the World Bank Group has invested more in climate finance than at …
Persistent link: https://www.econbiz.de/10012647702
This report aims at assisting Maldives Monetary Authority (MMA) to establish an effective oversight framework to monitor the different payment and settlement systems, payment instruments and payment service providers in the Maldives. The framework for oversight is based on the Bank for...
Persistent link: https://www.econbiz.de/10012646629
Because of the steady liberalization of the capital account since the early 1990s and increased financial integration of the Indian economy, capital flows to India have moved in tandem with broad global trends. This paper looks at the extent to which India's monetary policy has been affected by...
Persistent link: https://www.econbiz.de/10012246467
This paper examines the role of monetary policy in fossil fuel exporters at different horizons. The main argument is that central banks in these economies need to look beyond the horizon of the business cycle. In the short run, (independent) monetary policy should flexibly target inflation. In...
Persistent link: https://www.econbiz.de/10012051876
World Bank Group President David Malpass spoke of the steps the Group is taking to provide unprecedented financing to … credit on May 1, 2020. He highlighted about how the IMF Managing Director and World Bank championed the debt initiative, and …
Persistent link: https://www.econbiz.de/10012647086
This note builds on previous collaboration between the World Bank Group and UNICEF to estimate the global extent of … child poverty. We estimate that in 2017, 17.5 percent of children in the world (or 356 million) younger than 18 years lived … the official World Bank poverty estimates. Because the estimates pertain to 2017, they do not consider the adverse …
Persistent link: https://www.econbiz.de/10012647602
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
policy response to the COVID-19 pandemic across 154 jurisdictions. It documents that authorities around the world have taken …
Persistent link: https://www.econbiz.de/10012434630