Chart of the WeekTourism Trauma and COVID-19
Pandemic-related lockdowns, flight cancellations, and border closures may be putting a crimp on summer vacation plans. However, the precipitous drop in tourism will have an outsized impact on countries […]
Chart of the WeekAging Economies May Benefit Less from Fiscal Stimulus
By Jiro Honda and Hiroaki Miyamoto
In the midst of the current COVID-19 pandemic, policymakers around the world are undertaking fiscal stimulus—a combination of spending increases and tax […]
Global Imbalances and the COVID-19 Crisis
By Martin Kaufman and Daniel Leigh
عربي, 中文, Español, Français, 日本語, Português, Русский
The world entered the COVID-19 pandemic with persistent, pre-existing […]
Transparency Makes Central Banks More Effective and Trusted
By Tobias Adrian, Ghiath Shabsigh, and Ashraf Khan
عربي, 中文, Español, 日本語, Русский
The role and mandates of central banks have become broader and […]
Impact of Conflict and Political Instability on Banking Crises in Developing Economies
By Montfort Mlachila and Rasmane Ouedraogo
While the economic effects of conflict and political instability have been analyzed extensively, much less attention has been paid to how banks […]
Corruption and COVID-19
By Vitor Gaspar, Martin Mühleisen, and Rhoda Weeks-Brown
عربي, 中文, Español, Français, 日本語, Português, Русский
Corruption, the abuse of public office […]
Chart of the WeekUnemployment in Today’s Recession Compared to the Global Financial Crisis
There has been much discussion in recent months about how workers who transitioned to working from home—and those who were deemed “essential”—are less affected by the layoffs and job […]