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Financial resilience

Financial resilience latest publications

September 6, 2021

Global | Resilience – far more than a cliché

In Spanish, the term “resilience” only really became popular after the 2008 financial crisis, but today it has taken center stage in all economic policy debate.

September 4, 2020

Financial vulnerability of households facing COVID-19 pandemia: A global perspective

Lockdowns due to COVID-19 and the subsequent crisis have caused many individuals to stop working or substantially reduce their work hours, with the corresponding decrease or loss of the main source of income. The analysis of the financial vulnerability of households becomes especially important.

August 30, 2019

Disentangling Vulnerability through Consumer Behavior: The Role of Financial Health

This paper analyzes the effect of financial participation on consumer's financial vulnerability, which is pervasive in the developing world. The financial behavior of consumers (i.e. financial health) has a greater positive effect on financial vulnerability than the narrower concept of financial inclusion.

January 2, 2019

Financial Resilience of Brazilian Households

Many individuals and households experience moments of financial difficulty, prompted either by a personal shock, such as losing a job, or an economy-wide shock, such as a recession. Financial resilience is key for consumer welfare and the formal financial system plays an important role.