Private Enterprise after the Pandemic : A Review of Alternative Scenarios
The Coronavirus(COVID-19) pandemic has had strong adverse impacts on the private sector in low- and middle-income countries. The future course of the pandemic remains highly uncertain, so consideration of alternative scenarios may be more helpful i...
Main Authors: | , , |
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Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2021
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/undefined/311511634540137661/Private-Enterprise-after-the-Pandemic-A-Review-of-Alternative-Scenarios http://hdl.handle.net/10986/36520 |
Summary: | The Coronavirus(COVID-19) pandemic
has had strong adverse impacts on the private sector in low-
and middle-income countries. The future course of the
pandemic remains highly uncertain, so consideration of
alternative scenarios may be more helpful in assessing
investment opportunities and designing policy responses.
Based on private sector responses to the pandemic shock, and
lessons learned from previous exogeneous shocks, this paper
outlines two alternative scenarios for private enterprise
during the recovery phase. The scenarios consider a stronger
as well as a weaker global economic recovery, and both of
these are based on the information available as of end-June
2021. Thus, the scenarios do not discuss developments that
have taken place since June 30, which include the emergence
of the Delta variant of Coronavirus (COVID-19), and the
evolution of vaccine deployment around the world. |
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