COVID-19 vs Bangladesh: Is it Possible to Recover the Impending Economic Distress Amid this Pandemic?
Journal: Journal of Economics and Business (Vol.3, No. 2)Publication Date: 2020-06-30
Authors : Raad Mozib Lalon;
Page : 825-836
Keywords : Pandemic; COVID-19; Economic Shock; GDP; Supply Chain; Volatility;
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.
Other Latest Articles
- An Analysis of Interaction among Macroeconomic Variables through Cointegration and Causality Approach
- Accounting Symmetries on Indonesian Entities by Applying the Edgeworth’s Box
- ICT Diffusion and Economic Growth: A Comparative Study Across Economies
- The Effect of Communication on Careers in Mediating by Leader Member Exchange with Political Skills as a Moderating Variable
- Focus, Asset Tangibility and Value Creation in M&A Transactions: Evidence from the Pharmaceutical Industry
Last modified: 2020-05-26 13:55:33