SMEs and the Economic Impact of Covid-19

This financial crisis is not solely due to Covid-19. Before it appeared, we were experiencing a slowdown in global growth and expectations were of a mild recession. That was due to Trump’s trade wars with China, the recovery running out of steam in Europe and of course, the Brexit debacle. All contributing to an end to the growth rally in place since 2011. In fact, Trump’s isolationist policies were putting to an end 30 years of globalisation.

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