The overview organizes policy priorities around resilience, inclusion, and competitiveness. On resilience, it proposes institutionalizing crisis playbooks: standing budget lines for emergency transfers, pre-approved credit guarantees, interoperable registries for quick targeting, and stockpiles for critical health supplies. On inclusion, it recommends consolidating social protection programs, expanding mobile money rails for last-mile delivery, and closing gender gaps in finance and skills through targeted instruments. On competitiveness, it advances a three-track agenda: (1) move up the apparel value chain with investments in design, compliance tech, and energy efficiency; (2) accelerate growth in pharmaceuticals, agro-processing, and IT-enabled services via standards, testing, and skills partnerships; and (3) modernize trade facilitation through e-customs, data-driven risk management, and single-window interoperability. Cross-cutting enablers include better data (firm and household panels), improved municipal finance to upgrade urban services, and climate-risk screening for public investment. The overview underscores sequencing—stabilize balance sheets, then crowd in private investment with predictable regulation—and calls for rigorous monitoring frameworks to keep reforms on track.
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Abstract
This study assesses the macro- and micro-economic repercussions of the Covid-19 pandemic on Bangladesh, synthesizing evidence across output, employment, trade, poverty, and human capital channels. Using sectoral snapshots and household-level signals, it reconstructs the first-round shock to manufacturing (notably apparel), MSMEs, remittances, and informal services, then traces second-round effects through credit constraints, balance-sheet stress, and scarring in learning outcomes. The analysis reviews the design and uptake of fiscal and monetary support packages, including wage subsidies, working-capital windows, and regulatory forbearance, identifying gaps in reach, timeliness, and targeting. Special chapters examine gendered impacts, digital divides in education and commerce, and the role of safety nets in cushioning vulnerable households. The monograph benchmarks Bangladesh’s response against peer economies and outlines how supply-chain reconfiguration and digital adoption created new opportunities even as uncertainty persisted. Finally, it translates lessons into medium-term reform priorities—streamlined safety nets, resilient health financing, export diversification, and credit market deepening—to anchor recovery on a more inclusive, shock-resilient foundation.
How to Cite
BIISS (2020). Covid-19 Pandamic In Bangladesh : Economic Impacts and Policy Implications. Bangladesh Institute of International and Strategic Studies (BIISS). https://doi.org/10.0000/monograph-46-7wqp1m