Opinion Pieces

Fiscal crises spur regulatory reform, which, in turn, speed up economic recovery, write Simeon Djankov, Dorina Georgieva and Hibret Maemir.

Crises bring creative destruction. It's time to help new companies and job opportunities emerge, write Simeon Djankov and Frederic Meunier.

It is argued that COVID-19 will reverse the ongoing trend of challenging the value of science and the integrity of scientists. This column shows that...

Job retention schemes, unemployment benefits and business loans may not apply in many developing countries, write Erica Bosio and Simeon Djankov.

The COVID-19 crisis presents a multi-faceted challenge to policymakers. A combination of declining commodity prices, the rise in unemployment, and...

Juanita Gonzalez-Uribe explains in her latest blog why she thinks the second-wave policy tool meant to deal with Covid-19 may have design flaws that...

Governments wondering how to help the private sector should look no further: just pay your bills on time, write Erica Bosio, Simeon Djankov, Emilia...

With lockdown measures in place almost worldwide now, cash-flow represents a significant concern for firms across multiple sectors. It remains to be...

Simeon Djankov's testimony before the members of the Committee on Economic and Monetary Affairs (ECON) of the European Parliament.

Loan guarantees to small businesses are emerging as a main policy response during the COVID-19 crisis. Using evidence from the UK’s Enterprise Finance...

Median survival time ranges from 8 to 19 weeks across 12 countries. Worryingly, this is not correlated with firm size, age or productivity, which...

With businesses fast running out of cash, governments need to roll out a loan program that builds on the recently-created job retention scheme, write...

Governments can do two things to keep businesses afloat: temporarily suspend bankruptcy procedures, and design a post-crisis restart process, write...

The authorities, like most of the rest of us, have been caught short by the sudden advent of the coronavirus pandemic, and are rightly rushing to...

Many comparisons have been made between the coronavirus crisis and the global systemic crisis in 2008. This column argues that seen through the lens...

Artificial intelligence, such as the Bank of England Bot, is set to take over an increasing number of central bank functions. This column argues that...