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COVID-19 and the Finance Sector in Asia and the Pacific : Guidance Note, Paperback / softback Book

COVID-19 and the Finance Sector in Asia and the Pacific : Guidance Note Paperback / softback

Part of the COVID-19 in Asia and the Pacific Guidance Notes series

Paperback / softback

Description

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.

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