VoxEU.org: Recent Articles |
| Jump-starting investment for a strong and even recovery Posted: Jump-starting investment after Covid-19 is a crucial challenge for the sustainability of the recovery. This column highlights that incentives to re-launch investment remain crucial. Viable and new firms need to have access to additional new financing as we emerge from the crisis. Debt finance cannot be the only option. Incentives for recapitalisation of companies and access to equity or equity-type finance become increasingly important. The legacies of the pandemic in the financial sector need to be worked out quickly. European and government support complementing post-pandemic bank and capital market financing will be critical to a strong and sustained recovery.  |
| Posted: Despite the significant barriers to economic inclusion that many women face, there is a long history of scepticism regarding the relevance of laws that discriminate on the basis of gender. This column analyses global data on legal gender equality and shows that greater legal equality between men and women is associated with a narrower gender gap in opportunities and outcomes, fewer female workers in positions of vulnerable employment, and greater political representation for women. Country attributes that are significant predictors of legal gender equality (including religion, legal origin, and geography) evolve slowly, if at all. Nonetheless, considerable progress in legal gender equality took place in some parts of the world over the past five decades.  |
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