This publication highlights short-term actions that can mitigate pressures and medium-term policy considerations for finance sector resilience in the post-COVID-19 period.The guidance note examines the effects of the coronavirus disease (COVID-19) on real economies and the measures taken to ease the impact. It notes risks to financial stability, such as an anticipated rise in nonperforming assets. Its recommendations include establishing a framework for epidemic risk financing, buttressing financial stability and macroprudential measures, developing insurance markets for risk sharing and transfer solutions, improving SME financing, and fostering digital transformation.
ISBN: | 9789292693220 |
Publication date: | 30th May 2022 |
Author: | Asian Development Bank |
Publisher: | Asian Development Bank |
Format: | Paperback |
Pagination: | 82 pages |
Genres: |
Regional / International studies Development studies International economics Finance and the finance industry |