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Financing Firms in Hibernation during the COVID-19 Pandemic (English)

The coronavirus (COVID-19) pandemic halted economic activity worldwide, hurting firms and pushing many of them toward bankruptcy. This paper discusses four central issues that have emerged in the academic and policy debates related to firm financing during the downturn. First, the economic crisis triggered by the pandemic is radically different from past crises, with important consequences for optimal policy responses. Second, it is important to preserve...
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Didier Brandao,Tatiana; Huneeus,Federico; Larrain,Mauricio; Schmukler,Sergio L..

Financing Firms in Hibernation during the COVID-19 Pandemic (English). COVID-19 (Coronavirus)|Paper is funded by the Knowledge for Change Program (KCP)|Paper is funded by the Strategic Research Program (SRP)|Policy Research working paper|no. WPS 9236 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/818801588952012929

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