Financing Small Business is Critical for a Strong Post-Covid Recovery (Brief Issued by CSIS)

The Issue

  • Small businesses constitute more than 90 percent of the global private sector, providing 70 percent of all the jobs and driving half the global economy. With the sector already facing a significant financing gap even before the outbreak of the deadly Covid-19 virus, the pandemic has made financial vulnerabilities an existential threat for many firms.

  • This brief explores how the next presidential administration can consider short-term and medium-term tools to help mobilize private capital, revive the global economy, address the risks to small business financing, and ensure an inclusive domestic economic recovery.

Written by John Simon (Founding Partner of Total Impact Capital), Sundar R. Ramanujam (CSIS Research Associate, Project on Prosperity and Development), and Agnes Dasewicz (CSIS Senior Associate, Project on Prosperity and Development).

Click here to access the brief.

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