Corporate insolvencies during COVID-19: keeping calm before the storm. 07/01/2021
Claeys, Grégory ; Hoffmann, Mia ; Wolff, Guntram B.
Bruegel - Brussels
2021
epidemic disease ; business economics ; economic recession ; bankruptcy ; state intervention ; corporate governance
Business economics
English
"Measures in major economies have protected companies from COVID-19 related insolvency, but have also protected weak firms. Nevertheless, support should remain as long as necessary, while cumbersome insolvency processes should be reformed for the long term."
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