A new CEPR study by World Bank economists Ayhan Kose and Franziska Ohnsorge, finds that although emerging market and developing economies weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy.
CEPR Discussion Papers 16 February 2020: Seventeen new Discussion Papers
A new CEPR study by Anne-Laure Delatte, Adrien Matray and Noémie Pinardon-Touati finds that private banks in France may be motivated by the possibility of future benefits to distort their supply of credit to the local economy, so as to curry favor with powerful politicians during election years.