COVID bailouts helped politically connected businesses more than others – new research
- Written by Anna Grosman, Associate Professor in Innovation and Entrepreneurship, Loughborough University
COVID has been a painfully expensive ordeal for countries across the world. Aside from the medical cost of vaccines, testing and treatment, economic aid for furlough schemes and sector bailouts dealt a serious blow to public finances.
Nations responded by distributing vast sums of money which are unlikely to be recouped. The...