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Cross-countries’ policies comparison of supporting small and medium-sized enterprises during covid-19 pandemic
Dhewanto W.a, Nazmuzzaman E.b, Fauzan T.R.a
a School of Business and Management, Institut Teknologi Bandung, Bandung, West Java, Indonesia
b Faculty of Economics and Business, Universitas Padjadjaran, Sumedang, West Java, Indonesia
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_separator css=”.vc_custom_1624529070653{padding-top: 30px !important;padding-bottom: 30px !important;}”][/vc_column_inner][/vc_row_inner][vc_row_inner layout=”boxed”][vc_column_inner width=”3/4″ css=”.vc_custom_1624695412187{border-right-width: 1px !important;border-right-color: #dddddd !important;border-right-style: solid !important;border-radius: 1px !important;}”][vc_empty_space][megatron_heading title=”Abstract” size=”size-sm” text_align=”text-left”][vc_column_text]© 2020 Academic Conferences and Publishing International Limited. All rights reserved.Million confirmed cases and over a hundred thousand deaths had taken place globally since the COVID-19 pandemic. Fears of an imminent recession and economic crisis were also provoked. Physical distancing, working-from-home (WFH) and travel bans policies have been implemented to prevent more its adverse effect. One of the significant drawbacks of this pandemic is debilitating the economic activities which caused businesses particularly small and medium-sized enterprises (SMEs) a dramatic drop in the global scale. Due to policies of the government aimed at preventing COVID-19 spread in the country, and thus protecting human health, people ‘s movement is heavily constrained, and SMEs in different sectors have had to close their doors until additional notification released by the government. Each country may have different policies during this pandemic to cover their business area even they are facing the same problem; thus analysing policies of countries is a needed for countries to learn each other to aid their SMEs sector and will lead to economic recovery. Since COVID-19 is different compared to other natural disasters, the disaster recovery program for business in this pandemic is understudied. We figured out what the response(s) of multiple countries to cover their SMEs ecosystem and what kind of insight that can be extracted through cross-country policy analysis by using qualitative research design with web-based content analysis method generated from secondary data sourcing from international organisations like International Monetary Fund (IMF), World Trade Organization (WTO), official governmental websites, and well-known news websites. The results showed that countries are focusing on giving policies to support SMEs by providing more accessible loan/credit application, direct monetary stimulus and tax deferral. This research could be useful both for the government as the business’ regulator and become guides to the business, especially SMEs themselves to recover and helpful in lowering the risk in the future.[/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Author keywords” size=”size-sm” text_align=”text-left”][vc_column_text]Content analysis method,Disaster recovery,Economic activities,Economic recovery,International monetary fund,Qualitative research,Small and medium-sized enterprise,World Trade Organizations[/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Indexed keywords” size=”size-sm” text_align=”text-left”][vc_column_text]COVID-19,Cross-countries,Entrepreneurship,Policy,SMEs[/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Funding details” size=”size-sm” text_align=”text-left”][vc_column_text][/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”DOI” size=”size-sm” text_align=”text-left”][vc_column_text]https://doi.org/10.34190/EIE.20.236[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/4″][vc_column_text]Widget Plumx[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][/vc_column][/vc_row]