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Economic recovery of the new poor created by COVID-19: evidence from Bangladesh.
- Source :
- Development in Practice; Apr2024, Vol. 34 Issue 2, p221-237, 17p
- Publication Year :
- 2024
-
Abstract
- The COVID-19 shock resulted in a large number of people becoming newly poor in Bangladesh, for whom recovery was slow and difficult. In response, BRAC implemented a nationwide program – credit, business planning support, and mentoring – targeting the economic recovery of the new poor. This paper estimates its impact using a mixed method and finds that the program had a significant positive effect on employment, income, and assets, indicating a faster economic recovery of program participants. The learnings from this program can have major policy implications for future disaster responses targeting livelihood recovery, specifically during the time-sensitive transitory phase from relief to long-term development. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09614524
- Volume :
- 34
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Development in Practice
- Publication Type :
- Academic Journal
- Accession number :
- 176582996
- Full Text :
- https://doi.org/10.1080/09614524.2023.2267795