Showing 1 - 10 of 326
migrants and their families due to the COVID-19 (Coronavirus) outbreak. The note presents the policy options available to … vulnerable to contracting COVID-19 (Coronavirus). Measures put in place to control disease transmission both within and across … to respond to the COVID-19 (Coronavirus) outbreak should be migrant-sensitive to take into account the unique challenges …
Persistent link: https://www.econbiz.de/10012647091
Access to finance is ranked as one of the constraints on businesses in the Western Balkans region (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). Across the region, up to 99 percent of enterprises are small or medium-sized (SMEs). SMEs are a primary source of...
Persistent link: https://www.econbiz.de/10012647027
John. J. McCloy, President of the International Bank for Reconstruction and Development, discussed the U.S. announcement of the European Recovery Program (Marshall Plan). This ambitious plan must be economically successful. The inherent strengths of Europe give reasonable assurance of the...
Persistent link: https://www.econbiz.de/10012646144
As governments around the world struggle to piece together the most effective fiscal response to counter the economic and social impact of the COVID-19 outbreak, some are facing constraints imposed by fiscal rules enacted in the past to ensure fiscal discipline. The outbreak has revealedthe...
Persistent link: https://www.econbiz.de/10012647392
The global financial crisis severely affected economies in Eastern Europe and Central Asia (ECA). Currencies depreciated across the region. Government tax revenues declined sharply leading to high budget deficits and rising levels of public debt. Tightening credit supply and deteriorating...
Persistent link: https://www.econbiz.de/10012247243
The paper uses Google mobility data to identify the determinants of social distancing during the 2020 COVID-19 outbreak. The findings for the United States indicate that much of the decrease in mobility is voluntary, driven by the number of COVID-19 cases and proxying for greater awareness of...
Persistent link: https://www.econbiz.de/10012241139
After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push the region into recession. Many countries are...
Persistent link: https://www.econbiz.de/10012644277
COVID-19 not only represents a worldwide public health emergency but has become an international economic crisis that could surpass the global financial crisis of 2008-09. Right now, containment and mitigation measures are necessary to limit the spread of the virus and save lives. However, they...
Persistent link: https://www.econbiz.de/10012647028
Countries in Africa should strive to maintain trade flows during the crisis to secure access to medical goods and services, and food and other essential items such as farm inputs. This requires keeping borders open to the largest extent possible and avoiding measures such as export bans or...
Persistent link: https://www.econbiz.de/10012647029
The COVID-19 (coronavirus) global pandemic will have a large negative impact on the Kenyan economy. Even before being … affected by the novel coronavirus, Kenya's economy had decelerated. The World Bank estimates that GDP growth in 2019 was about … 5.6 percent, down from 6.3 percent in 2018. The COVID-19 (coronavirus) shock is expected to further reduce growth in …
Persistent link: https://www.econbiz.de/10012647069