Author/Editor: Ernesto Crivelli, Ruud A de Mooij, J E J De Vrijer, Shafik Hebous, Alexander D Klemm.

Release Date: May, 2021

This paper aims to contribute to the European policy debate on corporate income tax reform in three ways. First, it takes a step back to review the performance of the CIT in Europe over the past more...

Author/Editor: Khalid ElFayoumi, Izabela Karpowicz, Jenny Lee, Marina Marinkov, Aiko Mineshima, Jorge Salas, Andreas Tudyka, Andrea Schaechter.

Release Date: May, 2021

Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this more...

Release Date: May, 2021

The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery more...

Author/Editor: Manal Fouad, Chishiro Matsumoto, Rui Monteiro, Isabel Rial, Ozlem Aydin Sakrak.

Release Date: May, 2021

Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) more...

Author/Editor: Ravi Balakrishnan, Sandra V Lizarazo Ruiz, Marika Santoro, Frederik G Toscani, Mauricio Vargas.

Release Date: April, 2021

Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout more...

Author/Editor: Shekhar Aiyar, Mai Chi Dao, Andreas A Jobst, Aiko Mineshima, Srobona Mitra, Mahmood Pradhan.

Release Date: March, 2021

This paper evaluates the impact of the crisis on European banks’ capital under a range of macroeconomic scenarios, using granular data on the size and riskiness of sectoral exposures. The analysis more...

Author/Editor: Era Dabla-Norris, James Daniel, Masahiro Nozaki, Cristian Alonso, Vybhavi Balasundharam, Matthieu Bellon, Chuling Chen, David Corvino, Joey Kilpatrick.

Release Date: March, 2021

Climate change is one of the greatest challenges facing policymakers worldwide, and the stakes are particularly high for Asia and the Pacific. This paper analyzes how fiscal policy can address more...

Author/Editor: Hites Ahir, Hendre Garbers, Mattia Coppo, Giovanni Melina, Futoshi Narita, Filiz D Unsal, Vivian Malta, Xin Tang, Daniel Gurara, Luis-Felipe Zanna, Linda G Venable, Kangni R Kpodar, Chris Papageorgiou.

Release Date: March, 2021

Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP more...

Author/Editor: Ljubica Dordevic, Caio Ferreira, Moses Kitonga, Katharine Seal.

Release Date: March, 2021

The paper employs two complementary strategies. First, it is pursues textual analysis (text mining) of the assessment reports to identify successes and challenges the authorities are facing. Second, more...

Author/Editor: Changyong Rhee, Katsiaryna Svirydzenka.

Release Date: March, 2021

The Asia-Pacific region was the first to be hit by the COVID-19 pandemic; it put a strain on its people and economies, and policymaking became exceptionally difficult. This departmental paper more...