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Covid and Public Intervention in the Corporate Sector – Actions that support long-term economic resilience and growth, broad-based improvements in living standards, while minimizing the costs to the public

Covid and Public Intervention in the Corporate Sector – Actions that support long-term economic resilience and growth, broad-based improvements in living standards, while minimizing the costs to the public

The coronavirus pandemic, by dramatically changing con- sumption patterns and business operations, is triggering a major corporate solvency crisis in many countries. Apart from policies directly supporting employment, initial policy responses to support businesses focused heavily on liquidity issues. Some liquidity support is still needed, but the crucial issue now is solvency. Policymakers need to … Continue reading

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