Publication:
Policies to Support Businesses through the COVID-19 Shock: A Firm-Level Perspective

dc.contributor.authorLopez Cordova, Jose Ernesto
dc.contributor.authorCirera, Xavier
dc.contributor.authorCruz, Marcio
dc.contributor.authorOkechukwu Maduko, Franklin
dc.contributor.authorDavies, Elwyn
dc.contributor.authorGrover, Arti
dc.contributor.authorReyes Ortega, Santiago
dc.contributor.authorIacovone, Leonardo
dc.contributor.authorTorres, Jesica
dc.contributor.authorMedvedev, Denis
dc.contributor.authorNayyar, Gaurav
dc.date.accessioned2021-01-14T15:22:22Z
dc.date.available2021-01-14T15:22:22Z
dc.date.issued2021-01
dc.description.abstractRelying on a novel dataset covering more than 120,000 firms in 60 countries, this paper con-tributes to the debate about D 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 the developing economies. It shows that policy reach has been limited, especially for the 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.en
dc.identifierhttp://documents.worldbank.org/curated/en/188461610547807479/Policies-to-Support-Businesses-through-the-COVID-19-Shock-A-Firm-Level-Perspective
dc.identifier.doi10.1596/1813-9450-9506
dc.identifier.urihttps://hdl.handle.net/10986/35012
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9506
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC RESPONSE
dc.subjectBUSINESS SUPPORT
dc.subjectFIRM PERSPECTIVE
dc.subjectUNCERTAINTY
dc.subjectPUBLIC SUPPORT POLICY
dc.subjectACCESS TO FINANCE
dc.subjectSMALL AND MEDIUM SIZE ENTERPRISE
dc.titlePolicies to Support Businesses through the COVID-19 Shocken
dc.title.subtitleA Firm-Level Perspectiveen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titlePolicies to Support Businesses through the COVID-19 Shock: A Firm-Level Perspective
okr.date.disclosure2021-01-13
okr.date.doiregistration2025-04-10T11:51:34.717411Z
okr.date.doiregistration2025-04-25T02:24:59.282420Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/188461610547807479/Policies-to-Support-Businesses-through-the-COVID-19-Shock-A-Firm-Level-Perspective
okr.guid188461610547807479
okr.identifier.doi10.1596/1813-9450-9506
okr.identifier.externaldocumentum090224b08831648d_3_0
okr.identifier.internaldocumentum32745979
okr.identifier.reportWPS9506
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/188461610547807479/pdf/Policies-to-Support-Businesses-through-the-COVID-19-Shock-A-Firm-Level-Perspective.pdfen
okr.statistics.combined5031
okr.statistics.dr188461610547807479
okr.statistics.drstats2344
okr.topicHealth, Nutrition and Population::Disease Control & Prevention
okr.topicPrivate Sector Development::Business Development Services
okr.topicPrivate Sector Development::Private Sector Economics
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.topicSocial Protections and Labor::Labor Policies
okr.unitFinance, Competitiveness and Innovation Global Practice
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