CHALLENGES FACED BY START-UPS DURING COVID-10 PENDAMIC
In the OECD economies, start-ups play an important role, but the crisis of COVID-19 reduces creation, challenging survival, and restricting growth. Business registrations have declined dramatically in recent months and a lack of new companies has major consequences, especially for jobs, for economic performance. This column argues that these can be minimized by taking initiatives to promote existing start-ups and the development of new companies. Policymakers must resolve short-term problems and promote short-term liquidity and financing access, as well as to encourage start-ups' ability to leverage new market opportunities. Policies aimed at reducing barriers to entrepreneurship, facilitate start-ups,…