Impacts of COVID-19 on the Fisheries and Aquaculture Sector in Developing Countries and Ways Forward

Fish is a major source of food and nutritional security for subsistence communities in developing countries, it also has linkages with the economic and supply-chain dimensions of these countries. Burgeoning literature has revealed the adverse impacts of COVID-19 on the fisheries and aquaculture sector, which serves as the major source of income and employment for numerous people globally. This study has employed a systematic literature review of the overall impacts of COVID-19 on the fisheries and aquaculture sector in developing countries using the PRISMA approach. This study reveals that COVID-19 has posed numerous challenges to fish supply chain actors, including a shortage of inputs, a lack of technical assistance, an inability to sell the product, a lack of transportation for the fish supply, export restrictions on fish and fisheries products, and a low fish price. These challenges lead to inadequate production, unanticipated stock retention, and a loss in returns. COVID-19 has also resulted in food insecurity for many small-scale fish growers. Fish farmers are becoming less motivated to raise fish and related products as a result of these cumulative consequences. Because of COVID-19’s different restriction measures, the demand and supply sides of the fish food chain have been disrupted, resulting in reduced livelihoods and economic vulnerability. In order to assist stakeholders to cope with, adapt to, and build resilience to pandemics and other shocks, this study offers policy recommendations to address the COVID-19-induced crisis in the fisheries and aquaculture sector.

Impacts of COVID-19 on rural livelihoods in Bangladesh: Evidence using panel data.

Rapid assessments have been emerging on the effects of COVID-19, yet rigorous analyses remain scant. Here, rigorous evidence of the impacts of COVID-19 on several livelihood outcomes are presented, with a particular focus on heterogenous effects of COVID-19. We use a household-level panel dataset consisting of 880 data points collected in rural Bangladesh in 2018 and 2020, and employ difference-in-differences with fixed effects regression techniques. Results suggest that COVID-19 had significant and heterogenous effects on livelihood outcomes. Agricultural production and share of production sold were reduced, especially for rice crops. Further, diet diversity and education expenditure were reduced for the total sample. Households primarily affected by (fear of) sickness had a significantly lower agricultural production, share of crop market sales, and lower health and education expenditure, compared to households affected by other COVID-19 effects, such as travel restrictions. In turn, (fear of) sickness and the correlated reduced incidence of leaving the house, resulted in higher off-farm incomes suggesting that households engage in less physically demanding and localized work. Policy-makers need to be cognizant of these heterogenous COVID-19 effects and formulate policies that are targeted at those households that are most vulnerable (e.g., unable/willing to leave the house due to (fear of) sickness).