4 minute read In recent years, the global economy has experienced a number of deep shocks, due to escalating geo-political tensions, global financial risks, tighter monetary and fiscal policy stances, financial-sector stress, labour shortages, trade barriers and slowing integration in global value chains. Drawing on the Timely Indicators of Entrepreneurship and the first chapter of the OECD SME and Entrepreneurship Outlook, this article examines recent developments in business dynamism.
read more4 minute read SMEs are particularly at risk of failure from prolonged coronavirus (COVID-19) lockdown measures, and account for 75% of all jobs in directly affected sectors. An increasing number of countries have begun to impose containment measures in order to curb the spread of COVID-19 infections and, in turn, introduce significant financial support packages…
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