Why Climate Change Vulnerability Is Bad for Sovereign Credit Ratings

2021-02-18T14:07:57-05:00February 17, 2021|

By Serhan Cevik and João Tovar Jalles

عربي中文, Español, Français, 日本語, Português, Русский 

Climate change has made the world a riskier place.

The destruction wrought by heatwaves, droughts, hurricanes, and coastal flooding doesn’t stop with the toll on human lives and livelihoods—it can also have deep consequences for a country’s finances. […]

Window for Change

2020-12-01T12:23:40-05:00December 1, 2020|

By Gita Bhatt

There are decades where nothing happens, and there are weeks where decades happen. This saying could not be more apt today. The pandemic—which has disrupted the world in profound ways—has prompted countries to roll out significant policy changes that might otherwise have taken years. It has also sped the arrival of technologies and new ways of working and learning, moving us almost overnight into a new era. […]

Reopening from the Great Lockdown: Uneven and Uncertain Recovery

2020-06-25T09:17:07-04:00June 24, 2020|

By Gita Gopinath

عربي, 中文, EspañolFrançais日本語, Português, Русский 

The COVID-19 pandemic pushed economies into a Great Lockdown, which helped contain the virus and save lives, but also triggered the worst recession since the Great Depression. Over 75 percent of countries are now reopening at the same time as the pandemic is intensifying in many emerging market and developing economies. […]

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