How Firms are Responding and Adapting During COVID-19 and Recovery : Opportunities for Accelerated Inclusion in Emerging Markets
Coronavirus disease 2019 (COVID-19), which began as a health crisis in early 2020, has rapidly evolved to become an unprecedented economic crisis affecting global, national, and regional economies and billions of individuals around the world. This...
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| Language: | English |
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International Finance Corporation, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/478071621321349960/How-Firms-are-Responding-and-Adapting-During-COVID-19-and-Recovery-Opportunities-for-Accelerated-Inclusion-in-Emerging-Markets http://hdl.handle.net/10986/36265 |
| Summary: | Coronavirus disease 2019 (COVID-19),
which began as a health crisis in early 2020, has rapidly
evolved to become an unprecedented economic crisis affecting
global, national, and regional economies and billions of
individuals around the world. This report analyzes the
widespread implications of the crisis on industry sectors,
businesses, individuals, families, and communities. It
closely examines evidence and data from business sectors and
segments of society that may face challenging paths to
recovery, including the most vulnerable firms and
individuals in emerging markets that are likely to
experience continuing hardship and specific difficulties
coping with the crisis. And it highlights opportunities for
the private sector to respond, to support a vigorous
recovery and to build back better. The first section of the
report, chapters 1 to 5 addresses issues that cut across
sectors, as well as ways the development community can join
with the private sector to help impacted communities and
sectors recover and rebuild. The second section, chapters 6
to 9 focus on sector-specific responses to the crisis. The
final section, chapters 10 to 12 attends to gender
inequities, how they have been aggravated by the crisis, and
potentially effective remedies. |
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