JAPAN: Spend-and-defend manifesto continues LDP’s buy now, pay later approach
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SOUTHEAST ASIA: Reopening to tourists, plus some vaccine hesitancy
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ITALY: Draghi’s “Black Friday”?
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EUROPE: Managing the pandemic – what we are watching
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EUROPE: CEE PULSE
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Technological capacity and firms' recovery from Covid-19
by Sebastian Doerr, Magdalena Erdem, Guido Franco, Leonardo Gambacorta and Anamaria IllesBased on a large sample of firms in 17 countries, this paper shows that businesses headquartered in countries with better digital capabilities – as measured by their position in the World Digital Competitiveness Ranking – had higher revenues during the pandemic relative to their pre-pandemic trend.