Person:
Cirera, Xavier

Finance, Competitiveness and Innovation Global Practice
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Innovation and Entrepreneurship
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Finance, Competitiveness and Innovation Global Practice
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Last updated: August 7, 2023
Biography
Xavier Cirera is a senior economist in the Finance, Competitiveness, and Innovation (FCI) Global Practice of the World Bank. His work focuses on innovation and entrepreneurship. He has led the evaluation of innovation policies, including through the development of public expenditure reviews in science, technology, and innovation implemented in Brazil, Colombia, Chile, Ukraine, and Vietnam. He is the coauthor of The Innovation Paradox: Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up and A Practitioner’s Guide to Innovation Policy: Instruments to Build Firm Capabilities and Accelerate Technological Catch-Up in Developing Countries. His most recent work focuses on the measurement and impact of technology adoption and diffusion. Before joining the World Bank, he served as a research fellow at the Institute of Development Studies at the University of Sussex. He holds a doctorate in economics from the University of Sussex.
Citations 54 Scopus

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  • Publication
    Policies to Support Businesses through the COVID-19 Shock: A Firm Level Perspective
    (Published by Oxford University Press on behalf of the World Bank, 2021-02-18) Cirera, Xavier; Davies, Elwyn; Grover, Arti; Iacovone, Leonardo; Lopez Cordova, Jose Ernesto; Medvedev, Denis; Okechukwu Maduko, Franklin; Nayyar, Gaurav; Ortega, Santiago Reyes; Torres, Jesica
    Relying on a novel dataset covering more than 120,000 firms in 60 countries, this paper contributes to the debate about policies to support businesses through the COVID-19 pandemic. While governments around the world have implemented a wide range of policy support measures, evidence on the reach of these policies, the alignment of measures with firm needs, and their targeting and effectiveness remains scarce. This paper provides the most comprehensive assessment to date of these issues, focusing primarily on developing economies. It shows that policy reach has been limited, especially for more vulnerable firms and countries, and identifies mismatches between policies provided and policies most sought. It also provides some indicative evidence regarding mistargeting of policies and their effectiveness in addressing liquidity constraints and preventing layoffs. This assessment provides some early guidance to policymakers on tailoring their COVID-19 business support packages and points to new directions in data and research efforts needed to guide policy responses to the current pandemic and future crises.