Publication:
Damaged by the Disaster: The Impact of COVID-19 on Firms in South Asia

dc.contributor.author Brucal, Arlan
dc.contributor.author Grover, Arti
dc.contributor.author Reyes Ortega, Santiago
dc.date.accessioned 2021-04-02T14:19:19Z
dc.date.available 2021-04-02T14:19:19Z
dc.date.issued 2021-03
dc.description.abstract To assess the impact of COVID-19 on firms, the World Bank and the International Finance Corporation conducted Business Pulse Surveys in several countries, including six in the South Asia region. Analysis focusing on the South Asia region suggests that, first, firms in the South Asia region have suffered disproportionately more from the economic brunt of the pandemic. Second, even within the region, COVID-19 did not affect all firms equally. Although exporters remain resilient by some metrics, firms that are smaller, female-led firms and those in vulnerable sectors suffered higher rates of closure. Third, while digital technologies have taken the center stage post-pandemic, the South Asia region lags in the adoption of these technologies. Finally, policy support for firms is key to building back better and resilient recovery, yet only a small share of firms can access public support. To be effective, firm support programs ought to be carefully customized and target firms based on the dominant channel through which COVID-19 affects them rather than their external attributes. en
dc.identifier http://documents.worldbank.org/curated/en/559681617116428612/Damaged-by-the-Disaster-The-Impact-of-COVID-19-on-Firms-in-South-Asia
dc.identifier.uri http://hdl.handle.net/10986/35357
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper;No. 9604
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject ENTERPRISE SURVEY
dc.subject COVID-19
dc.subject CORONAVIRUS
dc.subject PANDEMIC IMPACT
dc.subject FEMALE ENTREPRENEURS
dc.subject DIGITAL ECONOMY
dc.subject RESILIENT RECOVERY
dc.subject BUSINESS SUPPORT PROGRAM
dc.subject PUBLIC SUPPORT
dc.title Damaged by the Disaster en
dc.title.subtitle The Impact of COVID-19 on Firms in South Asia en
dc.type Working Paper en
dc.type Document de travail fr
dc.type Documento de trabajo es
dspace.entity.type Publication
okr.date.disclosure 2021-03-30
okr.doctype Publications & Research
okr.doctype Publications & Research :: Policy Research Working Paper
okr.docurl http://documents.worldbank.org/curated/en/559681617116428612/Damaged-by-the-Disaster-The-Impact-of-COVID-19-on-Firms-in-South-Asia
okr.identifier.doi 10.1596/1813-9450-9604
okr.identifier.externaldocumentum 090224b08844d95c_1_0
okr.identifier.internaldocumentum 32958538
okr.identifier.report WPS9604
okr.imported true en
okr.language.supported en
okr.pdfurl http://documents.worldbank.org/curated/en/559681617116428612/pdf/Damaged-by-the-Disaster-The-Impact-of-COVID-19-on-Firms-in-South-Asia.pdf en
okr.region.administrative South Asia
okr.region.country South Africa
okr.region.geographical South Asia
okr.statistics.combined 1309
okr.statistics.dr 559681617116428612
okr.statistics.drstats 749
okr.topic Public Sector Development :: Public Sector Expenditure Policy
okr.topic Health, Nutrition and Population :: Disease Control & Prevention
okr.topic Macroeconomics and Economic Growth :: Business Cycles and Stabilization Policies
okr.topic Private Sector Development :: Business Development Services
okr.topic Private Sector Development :: Competition Policy
okr.topic Private Sector Development :: Enterprise Development & Reform
okr.topic Private Sector Development :: Private Sector Economics
okr.unit Finance, Competitiveness and Innovation Global Practice
relation.isAuthorOfPublication b51303b6-af29-592e-989d-eab9ca69edc9
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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