Will COVID-19 cause insolvencies, zombification or debt deleveraging?
Markus Demary
No 3/2021, IW-Kurzberichte from Institut der deutschen Wirtschaft (IW) / German Economic Institute
Abstract:
The COVID-19 pandemic has worsened the financial positions of many companies. For the next months, a wave of insolvencies, a zombification caused by rescue measures or a debt deleveraging are on the table. Which of the three scenarios will dominate, depends, however, on the efficiency of restructuring measures.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:iwkkur:32021
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