Документы и доклады

Are Regional Fiscal Multipliers on EU Structural and Investment Fund Spending Large ? A Reassessment of the Evidence (Английский)

The European Commission’s “NextGenerationEU” COVID-19 recovery package has underscored interest in the size of regional fiscal multipliers in Europe. While the objective of these funds is the long-term...

The Macroeconomic Effects of Cash Transfers : Evidence from Brazil (Английский)

This paper provides new evidence on the macroeconomic impact of cash transfers in developing countries. Using a Bartik-style identification strategy, the paper documents that Brazil’s Bolsa Familia transfer...

What Have We Learned about the Effectiveness of Infrastructure Investment as a Fiscal Stimulus ? A Literature Review (Английский)

Since the Great Depression of the 1930s, and through the more recent Asian Crisis of 1997 and Great Recession of 2008/09, governments have experimented with Keynesian style fiscal stimulus to support employment...

Nigeria - AFRICA WEST- P174114- NIGERIA: COVID-19 Action Recovery and Economic Stimulus Program - Procurement Plan (Английский)

Disclosable Version of the ISR - NIGERIA: COVID-19 Action Recovery and Economic Stimulus Program - P174114 - Sequence No : 02 (Английский)

The Scarring and Hysteresis Effects of Steep Recessions and the Implications for Fiscal Policy in ECA Transition EMDEs (Английский)

The deep recession in many of the emerging market transition economies of Europe and Central Asia caused by the COVID-19 crisis has raised fears of long-term damage to potential output through scarring...

Official Documents- Disbursement and Financial Information Letter for Credit 6803-NG (Английский)

Disclosable Version of the ISR - NIGERIA: COVID-19 Action Recovery and Economic Stimulus Program - P174114 - Sequence No : 01 (Английский)

Nigeria - COVID-19 Action Recovery and Economic Stimulus Program Project (Английский)

The development objective of COVID-19 Action Recovery and Economic Stimulus Program Project for Nigeria aims to expand access to livelihood support and food security services, and grants for poor and vulnerable...

Environmental and Social Commitment Plan (ESCP) NIGERIA: COVID-19 Action Recovery and Economic Stimulus (P174114) (Английский)

Appraisal Stage Program Information Document (PID) - NIGERIA: COVID-19 Action Recovery and Economic Stimulus - P174114 (Английский)

Appraisal Environmental and Social Review Summary (ESRS) - NIGERIA: COVID-19 Action Recovery and Economic Stimulus - P174114 (Английский)

Statement by Guy Ryder Statement by at the 102nd Virtual Meeting of the Development Committee held on October 16, 2020 (Английский)

This is a statement by Guy Ryder, Director-General, International Labour Organization, at the 102nd meeting of the Development Committee held on October 16, 2020. Workplace closures continue to disrupt...

Concept Environmental and Social Review Summary (ESRS) - NIGERIA: COVID-19 Action Recovery and Economic Stimulus - P174114 (Английский)

Concept Stage Program Information Document (PID) - NIGERIA: COVID-19 Action Recovery and Economic Stimulus - P174114 (Английский)

A Decade after the 2009 Global Recession : Macroeconomic and Financial Sector Policies (Английский)

Unprecedented monetary policy accommodation in advanced economies and a large, coordinated fiscal stimulus by G20 countries helped to support a solid rebound in global output right after the 2009 Global...

Benefits and Costs of Debt : The Dose Makes the Poison (Английский)

Government debt has risen substantially in emerging market and developing economies (EMDEs) since the global financial crisis. The current environment of low global interest rates and weak growth may appear...

Why Do Fiscal Multipliers Depend on Fiscal Positions? (Английский)

The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is...

India - Systematic country diagnostic : realizing the promise of prosperity : Global economic prospects : the turning of the tide? (Английский)

Global growth remains robust and is projected to reach 3.2 percent in 2018. However, it is expected to edge down in the next two years, to 2.9 percent by 2020, as global slack dissipates and investment...

Employment multipliers over the business cycle (Английский)

This paper estimates dynamic employment multipliers in a U.S. county during 1998-2015. On average, one exogenous tradable job gain creates 1.1 jobs in the rest of the county economy in the same year, but...