Sources of Financing in the Sectors Most Affected by the Pandemic Caused by COVID 19

Abstract

The general objective of this literature review article is to analyze the sources of financing in the economic sectors most affected by the COVID-19 pandemic, in addition to explaining the effects of the financing sources in the economic sectors most affected by it. The methodology used to develop the research was bibliographic and synthesis of the different databases, such as Web of Science, Scopus ProQuest, EbscoHost, ScienceDirect, and Google Academic; these helped to understand the research topic. As a result, it was found that many authors studied the issue of funding sources in view of the impact that COVID-19 brought to the different economic sectors, and this is reflected in the 28 articles that were used, where all are related to the issue in question, albeit under the limitation of being subject to their own contexts and legal regulations deployed to deal with the crisis. Finally, it is concluded that the strategy for the economic reactivation of the different economic sectors is the financing provided by governments through the creation of programs. However, it should be noted that financing with own funds and financing consisting of the acquisition of short- and long-term loans from banks with preferential rates are considered viable sources.

Received: 9 July 2023 / Accepted: 21 October 2023 / Published: 5 November 2023