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Blog Post
March 26, 2020
To better understand the toll of coronavirus, Xiaobo Zhang led a nationwide SME survey in China. In the interest of promoting further efforts in other countries, we are publishing the original Chinese-language survey, English- and Spanish-language versions, and a technical note from Zhang about...
Blog Post
March 26, 2020
In retrospect, the scale up in MDB financing during the 2008-2010 crisis, though significant, now looks conservative as we consider the potential scale of damage from the current COVID-19 pandemic. To put the question bluntly, if the human and economic devastation follows a worst-case scenario, just...
Blog Post
March 24, 2020
Debt relief for low-income countries is on the table of measures to consider for coronavirus response. The imperative right now is to get cash to LICs as quickly as possible. Suspending some debt service payments may be a good first step in freeing up some budget space for new spending. Beyond that,...
Blog Post
March 18, 2020
The experience of the 2007 global financial crisis can tell us a few things about how low-income countries could be affected by the coronavirus pandemic in the near term, even as we recognize that the myriad economic problems created by the pandemic are almost certainly greater in number and scale t...