Resilience of firms to economic and climate shocks: Initial insights from Philippine SMEs

• Main Authors: Francisco, Jamil Paolo, Lau, Ailyn, Mendoza, Ronald U
• Format: text
• Published: Archīum Ateneo 2014
• Subjects: aggregate shocks; crisis resilience; SMEs; consumption and investment smoothing; Economic Policy; Public Affairs, Public Policy and Public Administration
• Online Access: https://archium.ateneo.edu/asog-pubs/67; https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2466962
• Institution: Ateneo De Manila University

Households and businesses need to cope and thrive in an increasingly shock-prone world. Development and poverty reduction strategies need to take careful account of efforts to promote not just more resilient households and communities; but also more resilient firms on which many jobs and livelihoods...