Corporate Liquidity and Solvency in Europe during COVID-19 : The Role of Policies /

The spread of COVID-19, containment measures, and general uncertainty led to a sharp reduction in activity in the first half of 2020. Europe was hit particularly hard-the economic contraction in 2020 is estimated to have been among the largest in the world-with potentially severe repercussions on it...

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Автор: Ebeke, Christian
Інші автори: Jovanovic, Nemanja, Valderrama, Laura, Zhou, Jing
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2021.
Серія:IMF Working Papers; Working Paper ; No. 2021/056
Онлайн доступ:Full text available on IMF
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100 1 |a Ebeke, Christian. 
245 1 0 |a Corporate Liquidity and Solvency in Europe during COVID-19 :   |b The Role of Policies /  |c Christian Ebeke, Nemanja Jovanovic, Laura Valderrama, Jing Zhou. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (48 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The spread of COVID-19, containment measures, and general uncertainty led to a sharp reduction in activity in the first half of 2020. Europe was hit particularly hard-the economic contraction in 2020 is estimated to have been among the largest in the world-with potentially severe repercussions on its nonfinancial corporations. A wave of corporate bankruptcies would generate mass unemployment, and a loss of productive capacity and firm-specific human capital. With many SMEs in Europe relying primarily on the banking sector for external finance, stress in the corporate sector could easily translate into pressures in the banking system (Aiyar and others, forthcoming). 
538 |a Mode of access: Internet 
700 1 |a Jovanovic, Nemanja. 
700 1 |a Valderrama, Laura. 
700 1 |a Zhou, Jing. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/056 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/056/001.2021.issue-056-en.xml  |z IMF e-Library