The authors study whether firms that had access to external sources of finance were in a better position to overcome demand shocks caused by the COVID-19 pandemic. Using data on around 20,000 firms in more than 30 countries in the World Bank’s COVID-19 Business Pulse Survey, we show that many firms, particularly in lower-income countries and in those with less developed financial systems, suffered large declines in sales but had no access to external...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2022/05/03
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Доклад/ отчет
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180521
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1
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2023/03/02
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Disclosed
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Financial Constraints, Firm Performance, and Policy Support During the COVID-19 Pandemic
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