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      "text": "An inward-looking approach to production of goods and services is insufficient for preparing for global shocks, but localized efforts are still essential for boosting financial system resilience.",
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      "text": "Resilience: The global Resilience pillar average is 52.8... An inward-looking approach to production of goods and services is insufficient for preparing for global shocks...",
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      "text": "Note: Data refers to year 2021. Renewable energy regulation index includes: a) Legal framework for renewable energy; b) Incentives and regulatory support...",
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      "text": "Source: Authors' calculations based on Bloomberg New Energy Finance and The World Bank, Regulatory Indicators for Sustainable Energy (RISE) database.",
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      "text": "FIGURE 13 | Renewable investment, by renewable energy regulation",
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