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We document the trajectory of SMEs in Burkina Faso between 2020 and 2022, which were affected not only by the global Covid-19 shock, but also by several negative local shocks: two coups took place in 2022, in the context of increasing frequent terrorist attacks.

We document the impact of the Covid-19 pandemic on large-scale firms in Nepal and their response to the new challenges using a mixed-method approach.