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Asian Development Bank Institute
ADBI Working Paper Series COVID-19 IMPACT ON micro , SMALL, AND medium -SIZED ENTERPRISES UNDER THE LOCKDOWN: EVIDENCE FROM A RAPID SURVEY IN THE PHILIPPINES Shigehiro Shinozaki and Lakshman N. Rao No. 1216 February 2021 Asian Development Bank Institute The Working Paper series is a continuation of the formerly named Discussion Paper series; the numbering of the papers continued without interruption or change. ADBI s working papers reflect initial ideas on a topic and are posted online for discussion.
stage, but micro, small, and medium-sized enterprises (MSMEs) are continuing to confront a sharp drop in demand and revenue. This paper examines the initial impact on MSMEs of the ECQ and lockdown measures using evidence obtained from a rapid nationwide survey conducted from the end of March to mid- April 2020 and derives policy implications.
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