Measures Taken by the World Bank Group to Limit the Negative Impact of the Covid-19 Pandemic on the Global Economy Cover Image

Мерки, предприети от групата на Световната банка, за ограничаване на негативното влияние на пандемията от COVID-19 върху световната икономика
Measures Taken by the World Bank Group to Limit the Negative Impact of the Covid-19 Pandemic on the Global Economy

Author(s): Aglika Kaneva
Subject(s): Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, Business Economy / Management, Welfare systems, Developing nations, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: World Bank Group; COVID-19 pandemic; COVID-19 Fast-Track Facility; Debt Service Suspension Initiative
Summary/Abstract: In this paper, the World Bank Group's response to the crisis with COVID-19 pandemic has been examined. The impact of the pandemic on key macroeconomic indicators for the world economy has been analyzed. The measures taken by the World Bank to limit the negative impact of the COVID-19 pandemic on the global economy have been indicated. The implementation of the Debt Service Suspension Initiative has been presented.