Zombie Firms: Unpacking the Quiet Invasion of Distressed Businesses and What It Means for the Economy
Across economies around the world, a stubborn subset of companies continues to operate despite weak profitability, weak investment, and tepid growth. These entities—often described as zombie firms—have long fascinated economists, policymakers, and investors. The term evokes images of living-dead businesses trying to claw their way to stability, sustaining operations with ever-thinning margins while delaying necessary…
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