| Home

Overview


Original Research

IMPACT AND SURVIVAL STRATEGIES FOR SMES DURING THE COVID-19 PANDEMIC IN INDONESIA AND PAKISTAN

DINDIN ABDUROHIM 1, AMIR KHUSHK 2, and YANTI SUSILA TRESNAWATI 3.

Vol 17, No 12 ( 2022 )   |  DOI: 10.5281/zenodo.7472793   |   Author Affiliation: Faculty of Social Science and Political Science, Pasundan University, Bandung, Indonesia 1,3; University of Science and Technology of China, Hefei, China 2.   |   Licensing: CC 4.0   |   Pg no: 1259-1271   |   To cite: DINDIN ABDUROHIM, et al., (2022). IMPACT AND SURVIVAL STRATEGIES FOR SMES DURING THE COVID-19 PANDEMIC IN INDONESIA AND PAKISTAN. 17(12), 1259–1271. https://doi.org/10.5281/zenodo.7472793   |   Published on: 22-12-2022

Abstract

The purpose of this study was to assess and contrast the effects of the COVID-19 epidemic on SMEs in Indonesia and Pakistan. We included 55 pieces of research based on the literature from 2019 to 2022 on the impact of COVID-19 on SMEs to examine the literature using the PRISMA framework. This research also intends to highlight the solutions used by both governments and help practitioners and policymakers find the best responses and mitigation measures for the effects of ongoing pandemics on SMEs. Further emphasis is made on the significant hazards external environmental unpredictability poses to SMEs. The negative impacts of pandemic circumstances and lockdown elements are the SME's main issues. It was mandated that these firms undergo a financial restructuring by combining more investments into the company in the form of holdings or, in the case of medium-sized enterprises, by issuing more financial shares.


Keywords

SMEs, COVID-19, Pandemic, Business Strategies, Survival Strategy.