Europe Needs to Maintain Strong Policy Support to Sustain the Recovery

By Alfred Kammer The pandemic is exacting a heavy toll on Europe. More than 240,000 people have lost their lives. Millions have suffered the illness themselves, the loss of loved ones, or major disruption in their work, their businesses, and their daily lives. The economic impact of the pandemic has been enormous. Our latest Regional […]

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A Bridge to Economic Recovery: Be Aware of Financial Stability Risks

By Tobias Adrian عربي, 日本語 Despite a global economic crisis comparable only to the Great Depression, near-term financial stability risks have been contained with the help of unprecedented monetary policy easing and massive fiscal support across the globe. But many economies had pre-existing vulnerabilities—which are now intensifying, representing potential headwinds to the recovery. Extraordinary policy […]

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