For Japan the nineties are regarded as the lost decade, due to slow economic growth in the formerly growth-intensive country. The slump, starting after the asset price bubble of the late eighties burst, is still going on. To identify factors contributing significantly to the unfavourable...

In this white paper, we have gathered thoughts on how policymakers, economic developmentprofessionals, and other stakeholders can organize around economic continuity and recovery during the COVID-19 pandemic. Even as communities are still dealing with the immediate health impacts, businesses are...

This paper takes stock of the global economic recovery a decade after the 2008 financial crisis. Output losses after the crisis appear to be persistent, irrespective of whether a country suffered a banking crisis in 2007-08. Sluggish investment was a key channel through which these losses...