Post-Pandemic Strategies for Promoting the Agriculture and CMSME Sector of Bangladesh
Farzana Munshi,
Ahsan Senan and
K.M. Arefin Kamal
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Farzana Munshi: Brac University, Dhaka,Bangladesh
Ahsan Senan: Brac University, Dhaka,Banglades
K.M. Arefin Kamal: Brac University, Dhaka,Banglades
No DP-2024-20, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:
Agriculture and cottage, micro, small, and medium-sized enterprises (CMSMEs) – the two critically important sectors for pro-poor and inclusive growth in Bangladesh – were severely affected by the coronavirus disease (COVID-19) pandemic and the subsequent lockdowns. Supply chains were interrupted, jobs were lost, and businesses were closed. This study identifies the major challenges faced by these two sectors and develops intervention strategies to promote them in the post-pandemic period. This is done through an extensive review of relevant literature, discussions with sector experts, and a survey. Based on the research findings, we recommend some policy interventions, such as greater digitisation and the development of uninterrupted cold-chain infrastructure across the country. We also recommend more supportive policies to scale up start-ups that offer solutions to at least one of the major challenges faced by these two sectors.
Keywords: Agriculture; SMEs; start-ups; Bangladesh; COVID-19 (search for similar items in EconPapers)
JEL-codes: I1 L10 M13 Q10 R11 (search for similar items in EconPapers)
Date: 2024-07-03
New Economics Papers: this item is included in nep-agr, nep-ent and nep-sbm
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