Opinion Pieces

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...

Government ownership of banks can help solve credit market failures and stabilise the supply of credit over the business cycle. However, it can also...

Current stress testing of banks is focused on the resiliency of individual banks to exogenous shocks. This column describes how the next generation of...

Artificial intelligence is increasingly used to tackle all sorts of problems facing people and societies. This column considers the potential benefits...

Iceland has just announced it is getting rid of its capital controls. This column argues that the government’s plan is a credible, efficient and fair...

Jeffrey Chwieroth and Jon Danielsson discuss the political challenges of the macroprudential agenda in the ESRC's annual flagship magazine Britain in...