the extent to which this pandemic influenced the resilience and innovation of SMEs in the tourism area. Thus, eight … (SMEs) are the most affected. This study emphasizes innovation and resilience as the starting points to understand how SMEs …. However, last year, in 2020, we saw the beginning of a worldwide pandemic: COVID-19. Thus, this research seeks to understand …

This paper analyses the effects of the COVID-19 pandemic shock on small open economies in a monetary union with an … COVID-19 pandemic. The main messages are as follows. First, fiscal spillovers from the rest of the monetary union do matter …