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vfor small businesses, including New Mexico, Ohio, Maine, Massachusetts, Michigan, New York, Oregon, Wisconsin and Florida. Several cities adopted measures to halt or defer financial burdens placed on small businesses such as paying utilities, taxes, or licensing fees by waiving for example financial penalties for late tax payment or deferring payment . Other support measures are the creation a local relief fund with a blend of financing options such as Jersey City redeployment of State Community Development Block Grant funds to small businesses, City of Philadelphia Small Business Relief Fund to provide grants and zero-interest loans to impacted businesses, San Francisco zero-interest loan fund and city Resiliency Fund, Chicago or else Denver . Some cities also have created a central, online repository for resources and information for SMEs, providing enhanced consultancy support to businesses app or granted zero-interest emergency loans repayable . Given the territorial differentiation of COVID-19’s impact, it is crucial for recovery strategies to have an explicit territorial dimension. Although this seems to be more visible in some countries, it is still a challenge in many. It is also crucial to actively involve subnational governments in the implementation of these strategies early on, and not only municipalities, but regions as well. Among OECD countries, social protection represents 14% of total public social expenditure , though this is much higher in countries where subnational governments have significant social protection responsibilities e.g. Austria, Belgium, Germany, Japan, the Nordic countries, and the UK. There are large disparities in social protection spending among OECD countries. For example, social protection expenditure accounts for 56% of subnational expenditure around 5% in Ireland and the UK but less than 10% in 10 OECD countries. This indicates that subnational governments are not mobilised in the same way for social services, despite the fact that local governments are often the first resort for citizens in need. Even if social protection is not a subnational government’s responsibility, it often has to respond to social emergencies. It is extremely difficult quantify the impact of the COVID-19 crisis on subnational finance as there are many uncertainties surrounding its severity, duration, variability across territories, and the effectiveness of the support mechanisms introduced by international, national and subnational public authorities. Moreover, the new waves of infections and new lockdowns may continue to strongly affect subnational government finances. The COVID-19 pandemic will have short- medium- and long-term effects on territorial development and subnational government functioning and finance. One risk is that government responses focus only on the short term. Longer-term priorities must be included in the immediate response measures in order to boost the resilience of regional socio-economic systems. The regional and local impact

the edmonton oilers nhl full printing flip flops 2
the edmonton oilers nhl full printing flip flops 2

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