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Across the globe, countries have been fighting hard to grapple the intimidating spread of the pandemic caused by coronavirus (SARS-CoV-2 ). Pandemic has led to grave consequences, paralysing the society and economy. The pandemic outbreak has not only catapulted a mass health crisis but also shrunk economies. With millions of deaths, soaring unemployment, mounting economic inequality, and staggering national GDPs, livelihoods of people are at risk. The ultimate aim of preventive health measures is to flatten the curve and bring the exponential growth of virus to a halt. The unprecedented and appalling economic meltdown caused by the outbreak of virus has had ubiquitous effects globally, invariably on all sectors, with no exception on fisheries. The pervasive reverberations are perspicuous on terrestrial and marine ecosystems with the externalities caused being, both positive and negative. This article aims to map the socio-economic consequences and determinants of COVID-19 on coastal and marine environment and the related government policies/measures enforced towards the amelioration of living standards of the people. It has been attempted to record the temporal effect of COVID-19 on parameters like employment, revenue, crew size, wages, fishing days lost, fish supply-demand parity, purchase power, economic inequality and the resultant policy changes. Furthermore, short and medium term recommendations discussed, endeavours to provide timely and comprehensive solutions in the swiftly emerging economic scenarios of fisheries and allied segments.
Keywords:
COVID-19; Socio-economic disruptions; Economic inequality, Unemployment; Man days lost
Cite Article:
"Surviving the pandemic, building resilience and thriving economies: Trickle-down effect of COVID-19 on fisheries", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 9, page no.541 - 552, September-2022, Available :http://www.ijrti.org/papers/IJRTI2209071.pdf
Downloads:
000205248
ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator