Insolvency Prospects Among Small-and-Medium-Sized Enterprises in Advanced Economies

Insolvency Prospects Among Small-and-Medium-Sized Enterprises in Advanced Economies
Author: Mr.Federico J Diez
Publisher: International Monetary Fund
Total Pages: 29
Release: 2021-04-02
Genre: Business & Economics
ISBN: 1513574566

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The COVID-19 pandemic has increased insolvency risks, especially among small and medium enterprises (SMEs), which are vastly overrepresented in hard-hit sectors. Without government intervention, even firms that are viable a priori could end up being liquidated—particularly in sectors characterized by labor-intensive technologies, threatening both macroeconomic and social stability. This staff discussion note assesses the impact of the pandemic on SME insolvency risks and policy options to address them. It quantifies the impact of weaker aggregate demand, changes in sectoral consumption patterns, and lockdowns on firm balance sheets and estimates the impact of a range of policy options, for a large sample of SMEs in (mostly) advanced economies.


Insolvency Prospects Among Small-and-Medium-Sized Enterprises in Advanced Economies
Language: en
Pages: 29
Authors: Mr.Federico J Diez
Categories: Business & Economics
Type: BOOK - Published: 2021-04-02 - Publisher: International Monetary Fund

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The COVID-19 pandemic has increased insolvency risks, especially among small and medium enterprises (SMEs), which are vastly overrepresented in hard-hit sectors
Micro, Small, and Medium Enterprise Insolvency
Language: en
Pages: 226
Authors: Ronald Davis
Categories: Law
Type: BOOK - Published: 2018 - Publisher: Oxford University Press, USA

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This book reconsiders the treatment of distressed Micro, Small and Medium Enterprises (MSMEs). Recognising that insolvency systems traditionally suit larger ent
Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies
Language: en
Pages: 48
Authors: Mr.Christian H Ebeke
Categories: Business & Economics
Type: BOOK - Published: 2021-03-02 - Publisher: International Monetary Fund

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The spread of COVID-19, containment measures, and general uncertainty led to a sharp reduction in activity in the first half of 2020. Europe was hit particularl
Productivity Drag from Small and Medium-Sized Enterprises in Japan
Language: en
Pages: 21
Authors: Mariana Colacelli
Categories: Business & Economics
Type: BOOK - Published: 2019-07-01 - Publisher: International Monetary Fund

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Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for the important role of small and medium-size
Doing Business 2020
Language: en
Pages: 241
Authors: World Bank
Categories: Business & Economics
Type: BOOK - Published: 2019-11-21 - Publisher: World Bank Publications

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Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of