2023
DOI: 10.1111/deve.12372
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Resilience in the time of COVID‐19: Lessons learned from Middle East and North Africa small‐ and medium‐sized enterprises

Abstract: We investigated the effects of the COVID‐19 pandemic on small‐ and medium‐sized enterprises in Jordan, Egypt, Tunisia, and Morocco. Using firm‐level panel data from an enterprise survey, we highlight several new findings. The surveyed firms resorted to wage and work hour reductions more readily than layoffs in the wake of the pandemic. Within these firms, larger firms are more resilient, recover faster, and adapt more often. On the sector level, the accommodation and food services sector is the worst affected … Show more

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