COVID-19 & Lockdown in Bangladesh: an assessment on socio-economic impact and adaptation challenges

Abstract

The people of Bangladesh quote the biggest challenge after the war of independence is Covid-19, which has caused a pivotal crisis to their economy, and health, and has led to a loss of livelihood. This paper aims to assess the socio-economic impact and adaptation challenges faced by Bangladesh due to COVID-19 & Lockdown. This is a qualitative assessment based on empirical or secondary data. Though much research has run on this epidemiologic situation and its severity on economic factors, and health issues at the national and international level, this research focuses on the adaptation of the challenges than the impact caused by COVID-19 & Lockdown in Bangladesh perspective. This research reveals that, though the education sector, agriculture sector, remittance sector, RMG industry, private job sector, and marginalized communities are severely affected, the health and hygiene, as well as social consciousness has developed intensely to a noticeable point. However, an extreme challenge is that to adapt to the changes where job insecurity, the higher price of commodity goods, health loom, and uncertainty of full swing recovery exist is very difficult.

Keywords:  Adaptation challenges; COVID-19; lockdown; remittance; socio-economic Impact.