01995cas a2200277 a 4500 AALejournalIMF021560 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513574561 2617-6750 BD-DhAAL BD-DhAAL Diez, Federico. Insolvency Prospects Among Small-and-Medium-Sized Enterprises in Advanced Economies : Assessment and Policy Options / Federico Diez, Romain Duval, Jiayue Fan, Jose Garrido. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (28 pages) Staff Discussion Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The COVID-19 pandemic has increased insolvency risks, especially among small and medium enterprises (SMEs), which are vastly overrepresented in hard-hit sectors. Without government intervention, even firms that are viable a priori could end up being liquidated-particularly in sectors characterized by labor-intensive technologies, threatening both macroeconomic and social stability. This staff discussion note assesses the impact of the pandemic on SME insolvency risks and policy options to address them. It quantifies the impact of weaker aggregate demand, changes in sectoral consumption patterns, and lockdowns on firm balance sheets and estimates the impact of a range of policy options, for a large sample of SMEs in (mostly) advanced economies. Mode of access: Internet Duval, Romain. Fan, Jiayue. Garrido, Jose. Staff Discussion Notes; Staff Discussion Notes ; No. 2021/002 Full text available on IMF http://elibrary.imf.org/view/journals/006/2021/002/006.2021.issue-002-en.xml IMF e-Library