International Financial Solidarity during the Covid Crisis

Grant number: unknown

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Key facts

  • Disease

    COVID-19
  • start year

    2020
  • Funder

    Volkswagen Stiftung
  • Principal Investigator

    Prof Dr Christoph Trebesch
  • Research Location

    Germany
  • Lead Research Institution

    Institut für Weltwirtschaft an der Universität Kiel
  • Research Priority Alignment

    N/A
  • Research Category

    Secondary impacts of disease, response & control measures

  • Research Subcategory

    Economic impacts

  • Special Interest Tags

    N/A

  • Study Type

    Non-Clinical

  • Clinical Trial Details

    N/A

  • Broad Policy Alignment

    Pending

  • Age Group

    Not Applicable

  • Vulnerable Population

    Not applicable

  • Occupations of Interest

    Not applicable

Abstract

How strong will global solidarity and international financial cooperation be during the Covid crisis? This project takes an international perspective and studies cross-border financial assistance ("rescue lending") by official creditors such as governments, central banks or the IMF to crisis countries in need. The resulting paper and novel database will provide unique insights on how the multilateral system responded to the Covid pandemic, also compared to earlier crises and disasters such as the Great Depression of the 1930s, the World Wars, or the 2008/09 financial crisis.