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      Impact of COVID-19 lockdown and social distancing policies on small businesses in south-eastern Nigeria: whither the stimulus packages?

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          Abstract

          This article examines the specific or sub-sectoral effects of COVID-19 lockdown measures on small business units, thus departing from previous studies which only focused on general effects. Based on qualitative and cross-sectional survey methods, the article depicts a cross-sectoral disparity in the patronage level and income stream of customers of small businesses found on the streets of south-eastern Nigeria. The article identifies the gap in the policy interventions meant to cushion the negative impacts of COVID-19 lockdown and social distancing policies on small businesses. Hence, state policy interventions have not had the cushioning impact on small businesses in south-eastern Nigeria. A pro-poor approach towards the review of the policy interventions is highly imperative.

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          Effects of COVID-19 on Business and Research

          Naveen Donthu, Anders Gustafsson (2020)
          The COVID-19 outbreak is a sharp reminder that pandemics, like other rarely occurring catastrophes, have happened in the past and will continue to happen in the future. Even if we cannot prevent dangerous viruses from emerging, we should prepare to dampen their effects on society. The current outbreak has had severe economic consequences across the globe, and it does not look like any country will be unaffected. This not only has consequences for the economy; all of society is affected, which has led to dramatic changes in how businesses act and consumers behave. This special issue is a global effort to address some of the pandemic-related issues affecting society. In total, there are 12 papers that cover different industry sectors (e.g., tourism, retail, higher education), changes in consumer behavior and businesses, ethical issues, and aspects related to employees and leadership.
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            The impact of COVID-19 on small business outcomes and expectations

            Alexander Bartik, Marianne Bertrand, Zoe Cullen … (2020)
            Significance Drawing on a survey of more than 5,800 small businesses, this paper provides insight into the economic impact of coronavirus 2019 (COVID-19) on small businesses. The results shed light on both the financial fragility of many small businesses, and the significant impact COVID-19 had on these businesses in the weeks after the COVID-19–related disruptions began. The results also provide evidence on businesses’ expectations about the longer-term impact of COVID-19, as well as their perceptions of relief programs offered by the government.
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              European SMEs amidst the COVID-19 crisis: assessing impact and policy responses

              Jill Juergensen, José Guimón, Rajneesh Narula (2020)
              We consider how the COVID-19 pandemic has challenged European small- and medium-sized enterprises (SMEs) in the manufacturing sector, and draw suggests policy implications. The sudden onslaught of the pandemic has acted as an economic shock, and we consider how it is likely to affect different types of manufacturing SMEs. We distinguish between immediate effects, a result of the almost-simultaneous lockdowns across Europe and its major trading partners, and longer-term implications for both SMEs and the global value chains where they are inserted. In the shorter run, most SMEs have faced logistical challenges in addition to demand disruptions, although the severity has differed across firms and industries. We argue that in the longer-term, there will be different challenges and opportunities depending on the type of SME. Policy interventions will also need to be sensitive to the different types of SMEs, rather than adopting a one-size-fits-all approach. The policy mix will need to shift from its initial focus on the survival of European SMEs in the short term, towards a more structural and longer-term approach based on promoting their renewal and growth through innovation, internationalization and networking.
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                Author and article information

                Journal
                Title: Journal of Poverty and Social Justice
                Publisher: Bristol University Press
                ISSN (Print): 1759-8273
                ISSN (Electronic): 1759-8281
                Publication date Created: June 2021
                Publication date (Print): June 2021
                Volume: 29
                Issue: 2
                Pages: 231-239
                Affiliations
                [1 ]University of Nigeria Nsukka, Nigeria
                [2 ]Federal University, Otuoke, Nigeria
                [3 ]Chukwuemeka Odumegwu Ojukwu University, Nigeria
                Article
                DOI: 10.1332/175982721X16124992938824
                SO-VID: 98507817-da4c-4b2b-8368-06ab528662ae
                Copyright © © 2021
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