Finance and politics: New insights
A rapidly expanding literature has shown the importance of political economy factors for legislative and regulatory actions in the financial sector...
Opinion Pieces
The neighbourhood effect of reforms after crises
Countries reform when their neighbours have reformed too, especially in the aftermath of economic crises. This column examines business regulatory...
Less red tape, more local entrepreneurship and foreign direct investment: the path to recovery
More flexible business regulation encourages both the development of startups and the inflow of foreign investment, write Simeon Djankov, Dorina...
COVID-19: an opportunity to digitise property transactions
Online transactions bring speed and cost efficiency, fostering the expansion of the real estate market, write Marie Delion and Simeon Djankov.
The political scar of epidemics
What will be the political legacy of the COVID-19 pandemic? This column uses data from the 2006-2018 Gallup World Polls to show that epidemic exposure...
Inflation after the pandemic: Theory and practice
The correlation between monetary growth and inflation has an historic pedigree as long as your arm. This column argues that rejecting the likelihood...
Regulatory reforms: the silver lining after COVID-19
Fiscal crises spur regulatory reform, which, in turn, speed up economic recovery, write Simeon Djankov, Dorina Georgieva and Hibret Maemir.
How governments can ease the entry of ‘recovery entrepreneurs'
Crises bring creative destruction. It's time to help new companies and job opportunities emerge, write Simeon Djankov and Frederic Meunier.
Revenge of the experts: Will COVID-19 renew or diminish trust in science?
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...
When economic informality is high, cash transfers may be the best Covid response
Job retention schemes, unemployment benefits and business loans may not apply in many developing countries, write Erica Bosio and Simeon Djankov.
The need to issue long-dated gilts
The COVID-19 crisis presents a multi-faceted challenge to policymakers. A combination of declining commodity prices, the rise in unemployment, and...
UK investment fund for high-growth firms is a step in the right direction
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...
The simplest way to unlock $4.65 trillion in liquidity for firms
Governments wondering how to help the private sector should look no further: just pay your bills on time, write Erica Bosio, Simeon Djankov, Emilia...
Southern European and emerging market firms are under severe distress
With lockdown measures in place almost worldwide now, cash-flow represents a significant concern for firms across multiple sectors. It remains to be...
Europe's pandemic price tag to keep firms afloat
Simeon Djankov's testimony before the members of the Committee on Economic and Monetary Affairs (ECON) of the European Parliament.
The effects of recessionary stimulus programmes: New evidence from the UK’s Enterprise Finance Guarantee scheme
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...
