World Faces Weak Economic Recovery
By Olivier Blanchard (Versions in عربي, 中文, Español, Français, Русский, 日本語) The global recovery continues, but the recovery is weak; indeed a bit weaker than we forecast in April. In the Euro zone,...
View ArticleThe Evolving Role of the Banking Systems in Central, Eastern and Southeastern...
By Reza Moghadam What has been the role of foreign banks in financing growth and convergence in Central, Eastern and Southeastern Europe, and how is that role changing? This is discussed in the first...
View ArticleEurope’s Economic Outlook
By Reza Moghadam Economic growth across Europe is slowly picking up, which is good news. But the recovery is still modest and measures to boost economic growth and create jobs are important. Western...
View ArticleWhat’s Lurking in the Shadows of China’s Banks
By Steven Barnett and Shaun Roache (Versions in 中文) “Shadow” banking: a surprisingly colorful term for our staid economics profession. Intended or not, it conjures images of dark, sinister, and even...
View ArticleResolving Residential Mortgage Distress: Time to Modify
By Jochen Andritzky (Versions in Español) In housing crises, high mortgage debt can feed a vicious circle of falling housing prices and economic slowdown. As a result, more households default on their...
View ArticleWorld Faces Weak Economic Recovery
By Olivier Blanchard (Versions in عربي, 中文, Español, Français, Русский, 日本語) The global recovery continues, but the recovery is weak; indeed a bit weaker than we forecast in April. In the Euro zone,...
View ArticleThe Evolving Role of the Banking Systems in Central, Eastern and Southeastern...
By Reza Moghadam What has been the role of foreign banks in financing growth and convergence in Central, Eastern and Southeastern Europe, and how is that role changing? This is discussed in the first...
View ArticleEurope’s Economic Outlook
By Reza Moghadam Economic growth across Europe is slowly picking up, which is good news. But the recovery is still modest and measures to boost economic growth and create jobs are important. Western...
View ArticleWhat’s Lurking in the Shadows of China’s Banks
By Steven Barnett and Shaun Roache (Versions in 中文) “Shadow” banking: a surprisingly colorful term for our staid economics profession. Intended or not, it conjures images of dark, sinister, and even...
View ArticleResolving Residential Mortgage Distress: Time to Modify
By Jochen Andritzky (Versions in Español) In housing crises, high mortgage debt can feed a vicious circle of falling housing prices and economic slowdown. As a result, more households default on their...
View ArticleSounding the Alarm on Leveraged Lending
By Tobias Adrian, Fabio Natalucci, and Thomas Piontek November 15, 2018 A drilling crew member raises a pipe on an oil rig in Texas: Energy is among the industries in which leveraged lending is most...
View ArticleChart of the WeekTracking the $9 Trillion Global Fiscal Support to Fight...
By Bryn Battersby, W. Raphael Lam, and Elif Ture Governments have put forward swift and significant emergency lifelines to protect people in response to the pandemic. We measured these in the April...
View ArticleTaming the Wave of Small and Medium Enterprise Insolvencies
by Federico J. Díez, Romain Duval, Chiara Maggi and Nicola Pierri Español, Français, 日本語, Русский The pandemic has hit small and medium enterprises particularly hard, partly because they are...
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