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How to revive and restructure the corporate sector in a post COVID-19 world: The G30 report

Workers in a cotton processing facility in Burkina Faso. Photo: Dominic Chavez / IFC After a year of dramatically altered consumption, disrupted business operations, and corporate distress around the world, policy makers may need to take dramatic steps to shore up the private and financial sectors. In its recent report Reviving and Restructuring the Corporate Sector Post-Covid: Designing Public Policy Interventions, the G30, an international body of leading financiers and academics, examines potential governmental responses and provides a practical guide to inform policy makers’ future decisions amid the pandemic’s mounting human, social, and economic costs.  Several key findings emerge from this report regarding the shortcomings of initial economic and financial public policy responses to the pandemic. First, the G30 noted a trend in the inadequate targeting of public financial support. This was understandable given the need to act quickly, but if continued, this oversight ca

Corporate Distress Due to Impact of Covid-19: The G30 Urges Swift, Measured Policies Aimed at Restoring Corporate Health

Corporate Distress Due to Impact of Covid-19: The G30 Urges Swift, Measured Policies Aimed at Restoring Corporate Health
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