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dc.titleHealthier Firms for a Stronger Recovery: Policies to Support Business and Jobs in Latin America and the Caribbean
dc.contributor.authorPowell, Andrew
dc.contributor.authorRojas-Suárez, Liliana
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America and the Caribbean
dc.coverageLatin America and the Caribbean
dc.date.available2022-08-03T08:14:00
dc.date.issue2022-08-03T00:08:00
dc.description.abstractThis report focuses on firms and labor markets in Latin America and the Caribbean during the COVID-19 crisis and recovery. Through a balance sheet analysis, it shows how larger firms have navigated the crisis by cutting back on variable costs and investment, depleting their productive capital. It also shows that small and medium-size enterprises suffered more in closures and restrictions on credit access, and the unprecedented impacts on labor markets, where participation rates and particularly women suffered the most. Moreover, labor informality has increased and is now more endemic than ever. The report provides a set of recommendations for policymakers and suggestions for international financial institutions to assist productive firms to invest, support the growth of new firms, and enhance labor market performance.
dc.format.extent47
dc.identifier.doihttp://dx.doi.org/10.18235/0004398
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Healthier-Firms-for-a-Stronger-Recovery-Policies-to-Support-Business-and-Jobs-in-Latin-America-and-the-Caribbean.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Empresas-prosperas-para-una-recuperacion-solida-Politicas-de-apoyo-al-sector-empresarial-y-al-empleo-en-America-Latina-y-el-Caribe.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectPandemics
dc.subjectSmall Business
dc.subjectInvestment
dc.subjectLabor
dc.subjectLabor Market
dc.subjectBank Loan
dc.subjectCoronavirus
dc.subjectFinance
dc.subject.jelcodeD22 - Firm Behavior: Empirical Analysis
dc.subject.jelcodeE24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity
dc.subject.jelcodeE32 - Business Fluctuations • Cycles
dc.subject.jelcodeJ23 - Labor Demand
dc.subject.jelcodeJ46 - Informal Labor Markets
dc.subject.keywordsFirms
dc.typeMonographs
dc.typeCo-Publications
idb.identifier.pubnumberIDB-MG-01029
idb.operationRG-K1089
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