Paper Spotlight: Efficient Programs to Support Businesses During and After Lockdowns
The scale and scope of various government interventions around the globe in the aftermath of the COVID-19 outbreak have been nothing short of staggering. Programs have come in different forms: guaranteed loans, equity injections, bank loans to SMEs that can be transformed into government-financed grants, etc. The actions taken in the initial stages of the outbreak, necessary to fight the economic fallout, are bound to generate major spillovers going forward.… Read More »Paper Spotlight: Efficient Programs to Support Businesses During and After Lockdowns