Mechanism for Economic Stability of Textile Enterprises During the Economic Crisis of the Covid-19 Pandemic: Foreign Experience

Ilkhomjon Juraev

Abstract


The corona crisis caused by the COVID-19 pandemic has had a negative impact on all aspects of the social market economy of the world. For the first time in its history, the main cause of the crisis was state intervention in the mechanisms of the market, and not factors of an economic nature. In this paper has been analyzed foreign experience in supporting and regulating small businesses. The author identified methods of supporting small businesses in various categories in various states. The author considers the features of the functioning of small businesses, as well as the process of tax incentives for small businesses in developed countries.


Keywords


Small Business;Government Regulation;Government Support;Advantages and Disadvantages of Small Businesses; Foreign Experience

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References


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DOI: http://dx.doi.org/10.18415/ijmmu.v9i3.3762

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