
COVID-19 pandemic: threats to SMEs in poorest nations require swift policy action
By Frank Hartwich and Jenny Larsen, United Nations Industrial Development Organization (UNIDO)
Factories around the world roared into action again in the second half of 2020, following the COVID-19-related slump that brought large parts of industrial production to a standstill in early 2020. The bounce back, led by Europe, China and other parts of Asia, has been faster than expected, with most of the losses felt in the first half of 2020 recovered by early 2021, although there are big differences between regions and sectors.
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