As the spread of COVID-19 expands in less developed countries, policymakers will face an additional challenge that was largely absent in more developed economies – the informal sector.
To explore the ramifications of the unprecedented shock of COVID-19 on Albanian firms, the World Bank’s Enterprise Analysis Unit and IFC undertook a survey in June 2020, re-contacting the same…
The World Bank Group’s Enterprise Surveys benchmark the business environment based on actual experiences of firms. In a new blog series we kicked off last week, we’re sharing these findings from…
Using the World Bank Enterprise Survey (WBES) panel data on firms before and after the onset of COVID-19 in 16 countries, we present novel evidence on the role of management practices as a…
The private sector continues to be a critical driver of job creation and economic growth. However, several factors can undermine the private sector and, if left unaddressed, may impede development…