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In the first in a new series, Claudio Borio and Fernando Restoy examine the rationale of regulatory and supervisory responses to Covid-19. |
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Firms face unprecedented declines in revenues, heralding a rise in leverage and possibly in corporate bankruptcies. |
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The economic impact of the pandemic is significant and likely to multiply over several quarters. |
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International banking data at end-2019 show emerging markets’ vulnerability to capital outflows on the eve of Covid-19. |
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Google data can help identify where Covid-19 threatens employment and support targeted policy responses. |
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