SMEs During COVID-19: Business Activities, Employability, and Stimulus Package

The Impact of COVID-19 Pandemic on the Small Firms in Developing Countries

Abstract

Since the WHO officially declared the outbreak of COVID-19 as a global pandemic, governments across the world implemented strict lockdowns to contain its spread. Although vital in containing the virus, it caused massive ramifications to world economies, and small and medium enterprises (SMEs) have been one of the hardest-hit sectors. The case was no different for Bangladesh. In this study, we assess the economic impact of the pandemic on the SMEs in Bangladesh. We also assess the pandemic’s economic impact on a sample of youth, many of whom were employed in the SMEs during the pre-pandemic period.

This research is part of the Gender, Growth and Labour Markets in Low-Income Countries programme

Citation

Islam A., Triyana M., Xia X., Rahman A., and Nisat R. (2021). “SMEs During COVID-19: Business Activities, Employability, and Stimulus Package: The Impact of COVID-19 Pandemic on the Small Firms in Developing Countries”. G2LM LIC Policy Brief No. 46

SMEs During COVID-19: Business Activities, Employability, and Stimulus Package: The Impact of COVID-19 Pandemic on the Small Firms in Developing Countries

Published 31 December 2021