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A decade after the 2009 Global Recession : macroeconomic and financial sector policies

Koh, Wee Chian; Yu, Shu - 2020

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

A decade after the 2009 Global Recession : macroeconomic developments

Koh, Wee Chian; Yu, Shu - 2020

portfolio investment and cross - border bank lending-fared less well, especially those in Europe and Central Asia. A key lesson …

Persistent link: https://www.econbiz.de/10012257019

Resolving the African financial development gap : cross-country comparisons and a within-country study of Kenya

Allen, Franklin; Carletti, Elena; Cull, Robert J.; Qian, Jun - 2013

Persistent link: https://www.econbiz.de/10010194372

Emerging and developing economies : ten years after the Global Recession

Kose, M. Ayhan; Ohnsorge, Franziska - 2020

Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...

Persistent link: https://www.econbiz.de/10012229095

Concentration in the banking sector and financial stability : new evidence

Calice, Pietro; Leonida, Leone - 2018

Theory suggests that the effect of banking market concentration on financial stability is mediated by several competing …

Persistent link: https://www.econbiz.de/10011947478

Sharing the benefits of innovation-digitization : a summary of market processes and policy suggestions

Islam, Roumeen - 2018

Governments play a very important role in supporting innovation, managing the disruptive effects of innovation, and … ensuring that the benefits of innovation are broadly shared in the long run. This paper reviews the literature on market … mechanisms that translate innovation into jobs and policies that are needed to improve outcomes. Although many countries now …

Persistent link: https://www.econbiz.de/10011850534

Measuring firm-level innovation using short questionnaires : evidence from an experiment

Cirera, Xavier; Muzi, Silvia - 2016

Persistent link: https://www.econbiz.de/10011554198

Can this time be different? : policy options in times of rising debt

Kose, M. Ayhan; Nagle, Peter; Ohnsorge, Franziska; … - 2020

Episodes of debt accumulation have been a recurrent feature of the global economy over the past fifty years. Since 2010, emerging and developing economies have experienced another wave of historically large and rapid debt accumulation. Similar past debt buildups have often ended in widespread...

Persistent link: https://www.econbiz.de/10012230790

Debt and financial crises

Koh, Wee Chian; Kose, M. Ayhan; Nagle, Peter; Ohnsorge, … - 2020

Emerging market and developing economies have experienced recurrent episodes of rapid debt accumulation over the past fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of debt accumulation episodes in 100 emerging market and...

Persistent link: https://www.econbiz.de/10012228314

How (not) to fix problems that matter : assessing and responding to Malawi's history of institutional reform

Bridges, Kate; Woolcock, Michael - 2017

Malawi can be understood as a microcosm of institutional reform approaches in developing countries more broadly. A common feature of such approaches, whether implemented by government or donors, is reform initiatives that yield institutions that "look like" those found in higher-performing...

Persistent link: https://www.econbiz.de/10011794688

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