Tuesday, April 20, 2021

COVID-19 and Its Impact on Global Small Business

©iStock/Feodora Chiosea
The SME Competitiveness Outlook 2020 analyses the impact of the global pandemic on small firms, international supply chains and trade. It provides projections and a 15-point action plan for businesses, policymakers and business support organizations to weather the crisis – and gear up for a ‘new normal’ that needs to be resilient, digital, inclusive and sustainable.

The report, "COVID-19:  The Great Lockdown and Its Impact on Small Businesses," combines analysis of the impact of COVID-19 on firms based on a large-scale global survey, with case studies and a thought leader viewpoint. The projected drop in supply chain trade is evaluated by region, and in 85 country profiles.

Two things to keep in mind as you go through this very thorough report:  It's dated June, 2020 (a lot has changed since then) and the analysis is 147 pages long (excluding Endnotes).  

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