This study analyzes the difference in the decline in sales between small and medium-size enterprises and large firms (the “gap”) following the outbreak of COVID-19 in 19 developing countries. The decline...
As the COVID-19 pandemic has continued to take its toll on human life, businesses in North Macedonia have continued to struggle despite a return to some normalcy. This note examines the state of the private...
Informal business activity is ubiquitous around the world, but it is nearly always uncaptured by administrative data, registries, or commercial sources. For this reason, there are rarely adequate sampling...
The outbreak of Coronavirus (COVID-19) has affected the economic wellbeing of individuals and firms alike. Firms faced a sharp drop in sales due to containment measures and a related demand decline. Over...
This paper examines whether the economic crisis induced by the COVID-19 pandemic exhibits a Schumpeterian “cleansing” of less productive firms. Using firm-level data for 31 economies, the study finds that...
This report focuses on the findings from the Enterprise Survey follow-up on the impact of Coronavirus (COVID-19) crisis on firms in Georgia as of February 2020.
This report focuses on the findings from the Enterprise Survey follow-up on the impact of Coronavirus (COVID-19) crisis on firms in Georgia as of February 2020.
Tunisia is expecting a sharper decline in growth than most of its regional peers, having entered the COVID-19 (coronavirus) crisis whilst already experiencing slow growth and rising debt levels. After...
This paper estimates the survival time of nearly 7,000 firms in a dozen high-income and middle-income countries in a scenario of extreme economic distress, using the World Bank's Enterprises Surveys. Under...