Author/Editor: Manuela Goretti, Lamin Y Leigh, Aleksandra Babii, Serhan Cevik, Stella Kaendera, Dirk V Muir, Sanaa Nadeem, Gonzalo Salinas.

Release Date:February, 2021

This departmental paper analyzes the impact of the COVID-19 pandemic on tourism in the Asia Pacific region, Latin America, and Caribbean countries. Many tourism dependent economies in these regions, more...

Author/Editor: Zefeng Chen, Sanaa Nadeem, Shanaka J Peiris.

Release Date:January, 2021

In emerging Asia, banks constitute the dominant source of financing consumption and investment, and bank balance sheets comprise large gross FX assets and liabilities. This paper extends the DSGE more...

Author/Editor: Pragyan Deb, Sanaa Nadeem, Shanaka J Peiris.

Release Date:January, 2021

Asian economies are increasingly integrated to the global economy through trade and financial linkages, exposing them to the international financial cycle. This paper explores how external shocks are more...

Author/Editor: Jos� Garrido, Sanaa Nadeem, Nagwa Riad, Anjum Rosha, Chanda M DeLong, Nadia Rendak.

Release Date:August, 2020

One consequence of interest rates remaining “too low for too long” since the Global Financial Crisis is the buildup in private leverage in emerging economies. These vulnerabilities have been laid more...

Author/Editor: Khalid ElFayoumi, Anta Ndoye, Sanaa Nadeem, Gregory Auclair.

Release Date:March, 2018

Institutional and market frictions impose costs on the reallocation of labor from low to high productivity sectors, leading to suboptimal allocations and a loss in aggregate labor more...