Seizing the Opportunity for a Pro-Growth, Post-Pandemic World

2021-07-21T12:52:13-04:00July 20, 2021|

By Geoffrey Okamoto

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

Since March 2020, governments have spent $16 trillion providing fiscal support amid the pandemic, and global central banks have increased their balance sheets by a combined $7.5 trillion. Deficits are the highest they have been since World War II and central banks have provided more liquidity in the past year than in the past 10 years combined. […]

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. […]

A Global Crisis Like No Other Needs a Global Response Like No Other

2020-04-27T10:59:36-04:00April 20, 2020|

By Kristalina Georgieva

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

I have been saying for a while that this is a “crisis like no other.” It is:

  • More complex, with interlinked shocks to our health and our economies that have brought our way of life to an almost complete stop;

  • More uncertain, as we are learning only gradually how to treat the novel virus, make containment most effective, and restart our economies; and

  • Truly global. Pandemics don’t respect borders, neither do the economic shocks they cause.

[…]

Go to Top