Andrew Bailey, Douglas J. Elliott, Victoria Ivashina, 21 January 2021

As the Covid-19 crisis continues, policymakers need to address a growing corporate solvency problem and the wider economic harm it could create. The true scale and broader implications of this issue are likely to be substantial. This column recommends three devices to support policymakers in addressing this solvency challenge: a set of guiding principles, a kit of policy tools, and a decision-making framework. These will help policymakers in taking the hard decisions necessary to prepare their business sectors for future growth and resilience.

Mario Monti, 04 November 2019

What would happen if another crisis were to occur? In this video, Mario Monti discusses potential differences and challenges. This video was recorded at the "10 years after the crisis" conference held in London, on 22 September 2017.

Richard Wood, 13 July 2014

The Global Crisis triggered a series of medium-term policy changes. This column reviews the effectiveness of some of these monetary, fiscal policies, and internal devaluation policies. Policymakers anchored their strategic thinking in paradigms that became inapplicable to the new problems. An alternative set of macroeconomic policies is suggested.

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