COVID-19 vs Bangladesh: Is it Possible to Recover the Impending Economic Distress Amid this Pandemic?

Journal of Economics and Business, Vol.3 No.2 (2020)

13 Pages Posted: 26 May 2020

Date Written: May 26, 2020

Abstract

The whole globe is going under a devastating threat of economic depression amid impact of COVID-19 pandemic. Almost No country can deny the fact propelling to the economic ramification of this diseases suggesting a confirmed apropos plan to recuperate any unavoidable circumstance in forthcoming economic arena. Bangladesh with no exception is also capitulated under a significant threat of economic disparity navigating a colossal crisis during and after this epidemic. This paper attempts to reveal what those possible impacts are causing this economic crisis for Bangladesh and how government along with all other stakeholders will respond to sustain socio-economic developments achieved during the recent fiscal years in spite of being submerged by the depressing mode of major economic indicators such as inverse trade growth, vigorous revenue deficit, mounting non-performing loan, falling private sector investment, volatility of market interest rate, capital market unrest and imminent horrid of global economic recession.

Keywords: Pandemic, COVID-19, Economic Shock, GDP, Supply Chain, Volatility

Suggested Citation

Lalon, Raad Mozib, COVID-19 vs Bangladesh: Is it Possible to Recover the Impending Economic Distress Amid this Pandemic? (May 26, 2020). Journal of Economics and Business, Vol.3 No.2 (2020), Available at SSRN: https://ssrn.com/abstract=3610541

Raad Mozib Lalon (Contact Author)

University of Dhaka

Nilkhet Rd, Dhaka 1000, Bangladesh
Dhaka, 1000
Bangladesh

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