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underdeveloped. Globalization and technological change are important trends that make it even more challenging to provide effective … oversight of banks. The Global Financial Development Report 2019/2020 is the fifth in a World Bank series. The report also … around the world (http://www.worldbank.org/en/research/brief/BRSS)"-- …
Persistent link: https://www.econbiz.de/10012644246
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012230745
This paper assesses the international comovement of gross capital flows in a setting simultaneously encompassing aggregate inflows and outflows. It uses as empirical framework a multilevel latent factor model, implemented on flow data for a large sample of countries over more than three decades....
Persistent link: https://www.econbiz.de/10012008280
accommodative. A World Bank study of Philippines migration pattern during the global recession reveals that deployment of overseas … were not as affected as the rest of the world. The most affected OFWs were males, production workers (especially …
Persistent link: https://www.econbiz.de/10012247380
This paper studies how crises prompted firms to switch borrowing across markets, impacting the amount borrowed, maturity, and currency denomination at the firm and aggregate levels. Using data on worldwide debt issuance from advanced and emerging economies, the paper shows that firms shifted...
Persistent link: https://www.econbiz.de/10012228743
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
operational work, as well as on inputs from financial sector professionals and researchers both within and outside the World Bank …
Persistent link: https://www.econbiz.de/10012245162
Financial Development Report 2017/2018 is the fourth in a World Bank series. The report also tracks financial systems in more …
Persistent link: https://www.econbiz.de/10012248627
In spite of the United States' recovery, most Caribbean nations are still struggling in the aftermath of the 2007-08 global financial crisis. This paper examines this slow growth recovery through the analysis of how the Caribbean's growth relates to that of key drivers of the global economy. The...
Persistent link: https://www.econbiz.de/10012246492
Using a data set covering about 277,000 firms across 79 countries over the period 2004-11, this paper examines the evolution of firms capital structure during the global financial crisis and its aftermath in 2010-11. The study finds that firm leverage and debt maturity declined in advanced...
Persistent link: https://www.econbiz.de/10012246591