The Department of Agrarian Reform (DAR), in partnership with the International Fund for Agricultural Development (IFAD), implemented the project "Convergence on Value Chain Enhancement for Rural Growth and Empowerment" or Project ConVERGE with the goal of empowering Agrarian Reform Beneficiaries...

This paper investigates the dynamic aggregate response of firm investments to the approval of an IMF arrangement. Using a local projection methodology, we find that distinguishing between General Resource Account (GRA) and Poverty Reduction and Growth Trust (PRGT) financing matters for the path...

The global financial crisis in 2008 adversely affected the financial setups all around the globe with far reaching consequences for its victims. This study aimed at analyzing various determinants of banks' financial performance in Pakistan along with intention to ascertain the impacts of global...

Bleibende ökonomische Auswirkungen der Corona-Pandemie werden an der Entwicklung der gesamtwirtschaftlichen Produktionsfaktoren - dem Arbeitseinsatz, Sach- und Humankapital sowie dem Bestand an technischem Wissen - sichtbar werden. Verhaltensänderungen, wie etwa eine höhere Technikakzeptanz,...

We consider several economic uncertainty indicators for the United States and the UK before and during the COVID-19 pandemic: implied stock market volatility, newspaper-based economic policy uncertainty, twitter chatter about economic uncertainty, subjective uncertainty about future business...

This paper investigates the long-run consequences of economic disasters. The research is based on the historical data for 38 OECD and non OECD countries over the last two centuries. Results of the research indicate the negative long-run effect of economic disasters on output growth. The research...

The paper examines changes in the Bulgarian economy following the global financial and economic crisis of 2008. The discussion is primarily based on the behavior of economic agents in the crisis – households and companies. The paper also seeks to address the changes in the external and fiscal...

This paper investigates how financial development affects aggregate productivity growth. Based on a sample of developed and emerging economies, we first show that the level of financial development is good only up to a point, after which it becomes a drag on growth. Second, focusing on advanced...