ANALYZING THE HOUSE-HOLD LEVEL SOCIOECONOMIC IMPACT OF COVID-19 SUFFERANCE: OUTCOMES OF A MICROSTUDY OF THE HOUSEHOLDS IN KHULNA CITY IN BANGLADESH

Forfattere

  • Farzana Akther Assistant Professor, Department of Business Administration, North Western University, Khulna 9100, Bangladesh
  • Sajib Kumar Biswas MBA Program, Business Administration Discipline, Khulna University, Khulna 9208, Bangladesh
  • Mst. Naznin Sultana MBA Program, Business Administration Discipline, Khulna University, Khulna 9208, Bangladesh
  • Imtiaz Masroor Lecturer, Department of Business Administration, North Western University, Khulna 9100, Bangladesh

DOI:

https://doi.org/10.46827/ejsss.v7i2.1217

Nøgleord:

income reduction, treatment costs, regular earnings, financial condition, COVID-19 sufferance, quality of life, emerging economy

Resumé

A tremendous transformation in the socio-economic condition of the people has been greatly observed after the emergence of the COVID-19 pandemic throughout the world. People from all over the world is still suffering from this pandemic which can be viewed from the lens of health sciences, socioeconomic sector and many more. This study aimed to explore the impact of COVID-19 sufferance by the people of Bangladesh on their income and quality of life. This study is descriptive in nature, where data were collected using non-probability sampling techniques from 100 patients who suffered from COVID-19. A semi-structured questionnaire was used to collect data by employing telephone interviews to explore the impact on quality of life. This study described the effect of different costs associated with COVID-19 sufferance, such as costs incurred due to treatment and reduced income opportunities. This study found that due to the emergence of this pandemic, many people have experienced less income and lost their livelihood. Coupled with increasing costs, this phenomenon pushed them into a poverty trap.

 

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Forfatterbiografier

  • Farzana Akther, Assistant Professor, Department of Business Administration, North Western University, Khulna 9100, Bangladesh

    Mrs. Farzana Akther is working as an Assistant Professor and Head of the Department of Business Administration at North Western University, Khulna. Mrs. Akther completed her graduation from Khulna University, Khulna, Bangladesh and received MBA in Entrepreneurship Development from Leipzig University in Germany. Her research interest includes internationalization of business, institutional frameworks, innovative marketing approaches and many more.

  • Sajib Kumar Biswas, MBA Program, Business Administration Discipline, Khulna University, Khulna 9208, Bangladesh

    Mr. Sajib Kumar Biswas is currently working as research associate after completing his post-graduation majoring in Marketing from Business Administration Discipline at Khulna University, Khulna, Bangladesh. Mr. Biswas completed his BBA from National University, Bangladesh.

  • Mst. Naznin Sultana, MBA Program, Business Administration Discipline, Khulna University, Khulna 9208, Bangladesh

    Mrs. Mst Naznin Sultana has completed her graduation majoring in marketing from Khulna University, Khulna, Bangladesh and now her Master degree majoring in Finance is ongoing from Khulna University, Khulna, Bangladesh. She has research interest in customers’ purchase intention, pro-environmental purchase decision, volatility in stock price movement and many more.

  • Imtiaz Masroor, Lecturer, Department of Business Administration, North Western University, Khulna 9100, Bangladesh

    Mr. Imtiaz Masroor is working as a Lecturer at the Department of Business Administration in North Western University, Khulna, Bangladesh. He has completed his graduation and post-graduation majoring in Finance from Khulna University, Khulna, Bangladesh. He received President Gold Medal, Prime Minister Gold Medal and Dean’s Award for securing outstanding result in both BBA and MBA. He has diverse research interest in SME internationalization, firm performance, institutional theories and settings and many more.

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Publiceret

2022-02-05

Nummer

Årg. 7 Nr. 2 (2022)

Sektion

Articles