The resource, Safety First: Expanding the Global Financial Safety Net in Response to Covid-19, discuss the shortcomings of the current global financial system and develop a set of immediate and intermediate proposals to expand and reform the Global Financial Safety Net (GFSN) that will help both the crisis response as well as the development of a more robust and functional global financial system.
The resource, A Conceptual Framework for Analyzing the Economic Impact of COVID-19 and its Policy Implication offers a conceptual framework for analyzing the economic impact of the coronavirus disease (COVID-19) and considers some policy implications.
This report focuses on the current health landscape in Africa and related challenges, while considering the road ahead. It analyses Africa’s readiness and capacity to manage the COVID-19 pandemic.
The resource, Modeling ECL during the COVID-19 pandemic: Providing flexibility to avoid procyclicality explores how new Expected Credit Losses (ECL) standards work, how they introduce procyclicality under deteriorating credit conditions, and what actions and guidance regulators and accounting standard-setting bodies have issued to help avoid excessive procyclicality throughout the current COVID19 crisis.
The resource, Social Bonds - Illustrative use-of-proceeds case studies: Coronavirus aims to provide an illustrative reference by which issuers and bond market participants can evaluate the financing objectives of a Social or Sustainability Bond in light of the current coronavirus epidemic and its global socio-economic impact.