Small and medium enterprises' resilience and viability in turbulent times
Inertia is not an option for small and medium enterprises (SMEs).
Inertia is not an option for small and medium enterprises (SMEs).
Evidence from the COVID-19 pandemic and the global financial crisis.
Effective place-based policies need to deliver desired spatial economic cohesion while minimizing resource waste and secondary distortions.
The pandemic-induced crisis will have severe impacts on household incomes and industries in the region and requires swift policy actions.
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.
COVID-19 struck at the core of GVC hub regions, with severe implications for international production networks.