The specific objectives of the research were to (1) identify the emerging needs for productivity enhancement by analyzing enterprises’ success during and after the pandemic; (2) examine the relationship between successful business practices and the productivity; and (3) provide the guidelines or recommendations on successful best practices. [...] The low productivity resulted from the shortage of skilled labor due to the lockdown and the health issues; low digital-technology adoption due to limited funds, limited knowledge, limited human resources in technology, and the unwillingness to change; limited access to R&D; lack of an innovation culture; and limited technology infrastructure (see Table 8). [...] It also examines the relationship between business resilience and productivity by analyzing the operational and business continuity and adaptation, employment continuity and adoption for business resilience, and technology and non-technology adoption for innovation. [...] The major steps taken by the government and the Bangladesh Bank are given below: 26 | STRATEGIES FOR ENHANCING SME BUSINESS CONTINUITY IN APO DEVELOPING ECONOMIES BANGLADESH Stimulus Packages For the external sector, a support of BDT 50 billion was provided for export-oriented industries to pay the salaries and allowances of workers and staff during and post COVID-19. [...] Other Policy and Support Initiatives BIDA, the apex national Investment Promotion Agency (IPA) endeavored to respond to the immediate impacts of the COVID on the private sector by taking actions to ensure the continuation of investors’ businesses and preserving the flow of critical supplies [11].
Related Organizations
- Pages
- 228
- Published in
- Japan
Table of Contents
- Introduction 13
- Figure 1 14
- Research framework. 14
- Bangladesh 26
- Figure 1 28
- Research framework. 28
- Figure 2 29
- Research design. 29
- Figure 3 34
- Bangladesh’s Smooth Transition Strategy. 34
- Figure 4 35
- Trends in SME output and GDP growth in Bangladesh. 35
- Figure 5 41
- Percentage of skilled manpower. 41
- Figure 6 41
- Percentage of firms lacking innovations. 41
- Figure 7 42
- Percentage of skilled development training. 42
- Figure 8 42
- Percentage of firms having limited access to finance. 42
- Figure 9 43
- Percentage of technology adoption. 43
- Figure 10 44
- Percentage of R&D infrastructure. 44
- Figure 11 48
- Total employees of BSRM. 48
- Figure 12 50
- Total employees of Masco Pikaso Ltd. 50
- Figure 13 52
- Guidelines for productive capacity development. 52
- Figure 14 53
- Structural transformation through digitalization and innovation for the economy. 53
- Cambodia 56
- Figure 1 57
- Analytical framework of the study. 57
- Figure 2A 61
- Decline in growth during the pandemic. 61
- Figure 2B 61
- Growth is driven by investment rather than productivity. 61
- Figure 3 64
- challenges that firms faced during COVID-19. 64
- Figure 4 65
- driving forces for implementing innovations during COVID-19. 65
- Figure 5 66
- Identifying innovations by the needs of firms. 66
- Figure 6 67
- Catalysts for technology and non-technology innovations during COVID-19. 67
- Figure 7 69
- Challenges faced by Amru Rice during the COVID-19 pandemic. 69
- Figure 8 70
- Driving forces that motivated Amru Rice to pursue productivity enhancement. 70
- Figure 9 71
- Needs of Amru Rice for productivity enhancement during the pandemic. 71
- Figure 10 72
- Challenges faced by YOU HENG Fish Sauce firm during the pandemic. 72
- Figure 11 73
- Driving forces that motivated YOU HENG Fish Sauce to pursue productivity enhancement. 73
- Figure 12 74
- Needs of YOU HENG Fish Sauce for productivity enhancement during the pandemic. 74
- Fiji 79
- Figure 1 82
- Research framework. 82
- Figure 2 83
- Real GDP growth. 83
- Figure 3 84
- Fiji visitor arrivals statistics. 84
- Figure 4 84
- Share of agriculture in Fiji’s GDP in %. 84
- Figure 5 85
- Value of tax concession. 85
- Figure 6 86
- Top 10 sectors for SMEs in Fiji. 86
- Figure 7 87
- Australian ODA to Fiji by sector, 2023–24 budget estimate. 87
- Figure 8 89
- Fiji Spending by focus area, 2007–19. 89
- Figure 9 92
- Challenges in productivity enhancement of private firms in Fiji. 92
- Figure 10 94
- Certifications for productivity enhancement of private firms in Fiji. 94
- Figure 11 94
- Fiji and the major markets. 94
- Figure 12 96
- Debt to GDP ratio. 96
- Figure 13 97
- Productivity enhancement initiatives. 97
- Figure 14 100
- The Rooster poultry brand. 100
- Figure 15 101
- Total employees. 101
- Figure 16 102
- The Raffe Group properties. 102
- Mongolia 108
- Figure 1 109
- Productivity involvement by sectors. 109
- Figure 2 114
- Real GDP of Mongolia 2019–22. 114
- Figure 3 115
- GDP share by industry. 115
- Figure 4 115
- LFP rate for 2019–23. 115
- Figure 5 116
- Productivity of business sectors, by classification of economic activities. 116
- Figure 6 117
- Relative to GDP, Mongolia’s performance is above expectations for its level of development. 117
- Figure 7 119
- Productivity in business sector, 2019–22. 119
- Figure 8 120
- Private sector firms in Mongolia. 120
- Figure 9 126
- Results of the survey done by SME agency of Mongolia in March–May 2020. 126
- Figure 10 130
- Bagro Food Factory products. 130
- Figure 11 131
- Sales growth for Bagro. 131
- Figure 12 131
- Bagro’s operating costs and general administrative expenses. 131
- Figure 13 131
- Value added at Bagro. 131
- Figure 14 132
- Inventory at Bagro. 132
- Figure 15 132
- Net profit at Bagro. 132
- Figure 16 132
- Capital productivity at Bagro. 132
- Figure 17 133
- Growth in number of employees at Bagro. 133
- Figure 18 133
- Labor productivity at Bagro. 133
- Figure 19 135
- Financing for SIA. 135
- Figure 20 136
- Financial performance of the organization. 136
- Figure 21 136
- Total cost in MNT million. 136
- Figure 22 136
- Sales performance of the organization. 136
- Figure 23 137
- Total operating cost and general administrative expenses. 137
- Figure 24 137
- Value added performance of the organization. 137
- Figure 25 137
- Labor productivity of the organization. 137
- Pakistan 151
- Figure 1 155
- Report structure. 155
- Figure 2 157
- World GDP and selected countries, 2018–21. 157
- Figure 3 158
- World merchandise trade. 158
- Figure 4 159
- World services by category (percent change during 2019–21). 159
- Figure 5 160
- Change in Synthetic Activity Index 2020. 160
- Figure 6 162
- Analysis of three basic economic sector of Pakistan. 162
- Figure 7 164
- Impact of pandemic on industrial activities. 164
- Figure 8 165
- Large-scale manufacturing industries. 165
- Figure 9 168
- Key financial challenges based on primary data. 168
- Figure 10 169
- Key financial issues based on secondary data. 169
- Figure 11 170
- Business and operational challenges based on primary and secondary data. 170
- Figure 12 171
- Survival duration and preparedness against the pandemic crisis. 171
- Figure 13 173
- Strategies opted based on primary data. 173
- Figure 14 174
- Strategies opted based on secondary data. 174
- Figure 15 175
- Driving forces for organizations. 175
- Figure 16 179
- Relationship between business interventions and increased productivity. 179
- Figure 17 179
- Relationship between workforce and interventions and increased productivity. 179
- Figure B1 192
- Variations in world trade volumes, 2018–22. 192
- Figure B2 192
- Shares of various services in the services sector. 192
- Figure B3 193
- Industrial and manufacturing value addition growth, world vs Asia. 193
- Figure B4 194
- Services sectors’ shares, 2018–21. 194
- Figure B5 195
- Variations in large-scale manufacturing output, 2018–21. 195
- Figure B6 196
- Major sectors in Pakistan’s exports and imports. 196
- Figure B7 197
- World merchandise and services volume in trillion USD. 197
- Figure B8 198
- World manufacturing output in percentage. 198
- Sri Lanka 199
- Figure 1 200
- Research framework. 200
- Figure 2 205
- Likely risk of businesses shutting down due to the crisis. 205
- Figure 3 206
- Coping strategies during COVID-19 and Economic Crisis periods. 206
- Figure 4 207
- Employment strategies adopted by firms during crisis periods. 207
- Figure 5 207
- Skill development model used by firms. 207
- Figure 6 209
- Constraints that impeded firms’ recovery. 209
- Figure 7 212
- HPT products. 212
- Introduction 13
- Table 1 15
- Micro, small, medium, and large enterprises by country. 15
- Table 2 16
- Number of SMEs and their contribution to GDP by country. 16
- Table 3 16
- Labor productivity per worker and per hour in 2021. 16
- Table 4 17
- Average growth rate of labor productivity per worker. 17
- Table 5 17
- Total factor productivity. 17
- Table 6 18
- Government initiatives for business recovery during COVID-19. 18
- Table 7 19
- Enterprises’ challenges, successes, and productivity enhancement during COVID-19. 19
- Table 8 21
- Challenges and needs for productivity enhancement. 21
- Bangladesh 26
- Table 1 30
- Historical data for GDP, per capita income, and GDP growth rate in Bangladesh. 30
- Table-2 31
- Contribution of different sectors to GDP. 31
- Table 3 31
- Contribution of the manufacturing sector to GDP. 31
- Table 4 31
- Contribution of the services sector to GDP. 31
- Table 5 32
- Contribution of the agriculture sector to GDP. 32
- Table 6 32
- Major socioeconomic indicators of Bangladesh. 32
- Table 7 34
- Volume and growth rate of manufacturing sector (at 2015–16 constant prices). 34
- Table 8 35
- Classification of enterprises. 35
- Table 9 45
- Technological innovation and non-technological innovation. 45
- Cambodia 56
- Table 1 76
- Guidelines and recommendations for productivity enhancement. 76
- Fiji 79
- Table 1 99
- Indicators of business resilience. 99
- Table 2 99
- Innovative strategies of the five firms studied. 99
- Mongolia 108
- Table 1 109
- Productivity movement value network. 109
- Table 2 116
- Mongolia’s productivity indicators before and after the pandemic. 116
- Table 3 116
- GDP per capita. 116
- Table 4 116
- Labor, capital, and total factor productivity trends in Mongolia. 116
- Table 5 118
- Strengths and weaknesses for Mongolia in GII. 118
- Table 6 118
- SMEs and their role in the economy. 118
- Pakistan 151
- Table 1 154
- The enterprises selected for in-depth interviews. 154
- Table 2 156
- Criterion of small, medium, and large enterprises. 156
- Table 3 176
- Best practices implemented during the pandemic period. 176
- Table 4 177
- Best practices implemented by textile firms during the pandemic. 177
- Table A1 184
- Impact of COVID-19 on global economy. 184
- Table A2 184
- World Trade Statistics, 2018–22. 184
- Table A3 185
- World merchandise trade statistics, 2018–22. 185
- Table A4 185
- World merchandise and services import–export statistics, 2018–22. 185
- Table A5 186
- World services share by category including percentage change. 186
- Table A6 186
- Global share of major services by category including percentage change. 186
- Table A7 187
- World transport services percentage. 187
- Table A8 187
- Comparison of world indicators, 1990 vs 2021. 187
- Table A9 187
- Manufacturing value addition, 2018–21. 187
- Table A10 188
- Industrial value addition (2018–2021). 188
- Table A11 189
- Labor force statistics for Pakistan, 2018–20. 189
- Table A12 189
- Sectoral share in GDP of Pakistan. 189
- Table A13 190
- Share of services sector and its subsectors, in Pakistan. 190
- Table A14 190
- Share of industrial sector in Pakistan. 190
- Table A15 190
- Import and export percentage in Pakistan, 2018–22. 190
- Sri Lanka 199
- Table 1 201
- Impact of multiple crises on employment in Sri Lanka relative to 2019. 201
- Table 2 201
- Impact of multiple crises on GDP in Sri Lanka relative to 2019 in LKR million. 201
- Table 3 202
- Labor productivity, productive efficiency, and employment by industry sub-sector, 2022 202
- Table 4 203
- Impact of multiple crises on enterprise performance, with recovery rate in %. 203
- Table 5 203
- Financial obligations of sample firms as at the end of 2022 per enterprise. 203
- Table 6 204
- Labor productivity by subsector in LKR at constant prices. 204
- Table 7 205
- abor productivity by enterprise size in LKR at constant prices. 205
- Table 8 208
- Sri Lanka in the Global Index of Digital Entrepreneurship Systems, 2021. 208
- Table 9 208
- Status of using digital technologies in business operations (%). 208
- Table 10 210
- Characteristics of case-study firms by their industry sectors, 2023–14. 210
- FOREWORD 1
- Executive Summary 11
- Introduction 13
- Research Framework and Research Methodology 13
- Definition of Productivity 13
- Business Performance and Productivity Level 14
- Business Performance 14
- Productivity 16
- Analysis of Productivity Enhancement and Its Relation with Business Growth 17
- Conclusion and Recommendations 22
- Recommendations 23
- References 23
- Bangladesh 26
- Executive Summary 26
- Introduction 27
- Research Objectives 27
- Research Methodology and Approach 28
- Sampling 28
- Research Framework 28
- Scope and Limitations 29
- Report Structure 29
- Economic and Business Performance 29
- Economic Performance 29
- Business Performance 34
- Government Policies and Initiatives During and after COVID-19 36
- Financial Policy and Support Initiatives 36
- Bangladesh Bank’s Key Initiatives 37
- Other Policy and Support Initiatives 38
- Challenges, Driving Forces, and Needs for Productivity Enhancement 41
- Challenges in Enhancing Firm Productivity 41
- Driving Forces 44
- Needs for Firm-level Productivity Enhancement 45
- Case Studies 46
- Case Study 1: BSRM Steels Limited 46
- Case Study 2: Masco Pikaso Ltd 47
- Guidelines for Productivity Enhancement 50
- Productivity Improvement Initiative 50
- Conclusion 53
- References 54
- Appendix 55
- Cambodia 56
- Executive Summary 56
- Introduction 56
- Background 56
- Research Objectives 56
- Research Methodology 57
- Scope and Limitation 58
- Report Structure 60
- Economic Performance 60
- Government Policies, Regulations, and Initiatives for Private Sector’s Development 62
- Government Policies and Regulations 62
- Initiatives or Support Programs 62
- Challenges, Driving Forces, and Needs of Productivity Enhancement 63
- Challenges 63
- Driving Forces 64
- Needs for Productivity Enhancement 65
- Keys Successes 67
- Case Study 1: Amru Rice (Cambodia) Co., Ltd. 68
- Case Study 2: YOU HENG Fish Sauce 72
- Relationship between Business Resilience and Productivity 75
- Conclusion and Recommendations 76
- References 77
- Fiji 79
- Executive Summary 79
- Introduction 79
- Research Objectives 81
- Research Methodology 82
- Scope and Limitation 83
- Report Structure 83
- Economic and Business Performance 83
- Economic Performance 83
- Business Performance, including Number of Enterprises and Nature of Business 86
- Government Priority Sectors 86
- Government Policies, Regulations, and Initiatives toward Private Sector’s Development 88
- Government Policies and Regulations 88
- Initiatives or Support Programs 89
- Challenges, Driving Forces, and Needs of Productivity Enhancement 92
- Challenges in Enhancing Firm Productivity 92
- Needs of Productivity Enhancement 95
- Relationship between Business Resilience and Productivity 98
- Business Resilience 98
- Case Study 1: Future Farms Limited, Trading as Rooster Poultry 100
- Case Study 2: Raffe Group of Hotels and Resorts 102
- Guidelines 105
- Productivity Improvement Initiatives 105
- Innovation 105
- References 106
- Mongolia 108
- Executive Summary 108
- Introduction 108
- Definition of Productivity 111
- Research Objective 112
- Research Methodology and Approaches 112
- Scope and Limitations 113
- Economic and Business Performance 113
- Economic Performance 113
- Business Performance 118
- Government Policies, Regulations, and Initiatives toward Private Sector’s Development 121
- Government Policies and Regulations 121
- Initiatives or Support Programs 121
- Government Priority Sectors 123
- Challenges, Driving Forces, and Needs for Productivity Enhancement 123
- Relationship Between Business Resilience and Productivity 126
- Case Study 1: Bagro LLC 129
- Digital Transformation and Productivity 135
- Case Study 2. Social Insurance Authority 135
- Conclusion and Recommendations 142
- Recommendations for the MPO 143
- Recommendations for Government Agencies 143
- Recommendations for SMEs 143
- References 144
- Annexure 145
- Annexure 1. Interview Questionnaire 145
- Annexure 2. Business Resilience Survey 147
- Annexure 3. Digital Transformation Readiness Survey 149
- Pakistan 151
- Executive Summary 151
- Introduction 152
- Research Objectives 153
- Methodology 153
- Selection Criteria 153
- Scope and Limitations 154
- Definitions 155
- SMEs and Large Enterprises in Pakistan 156
- Business Performance in Pakistan and COVID-19 156
- Government Policies 166
- Challenges 167
- Strategies and Driving Forces 172
- Case Studies 175
- Relationship between Business Resilience and Productivity 178
- Needs for Productivity Enhancement 180
- Conclusion 180
- References 181
- Appendix A: Tables 184
- Appendix B: Figures 192
- Sri Lanka 199
- Introduction 199
- Objectives and methodology 199
- Impact of Multiple Crisis on Business-sector Enterprises 201
- Analysis of Survey Results 202
- Results of Cross-sectional Sample Survey 202
- Case Studies 209
- Summary and Conclusions 215
- References 216
- LIST OF TABLES 217
- LIST OF FIGURES 219
- LIST OF ABBREVIATIONS 222
- List of Contributors 225
- VII.pdf 1
- Introduction 13
- Figure 1 14
- Research framework. 14
- Bangladesh 26
- Figure 1 28
- Research framework. 28
- Figure 2 29
- Research design. 29
- Figure 3 34
- Bangladesh’s Smooth Transition Strategy. 34
- Figure 4 35
- Trends in SME output and GDP growth in Bangladesh. 35
- Figure 5 41
- Percentage of skilled manpower. 41
- Figure 6 41
- Percentage of firms lacking innovations. 41
- Figure 7 42
- Percentage of skilled development training. 42
- Figure 8 42
- Percentage of firms having limited access to finance. 42
- Figure 9 43
- Percentage of technology adoption. 43
- Figure 10 44
- Percentage of R&D infrastructure. 44
- Figure 11 48
- Total employees of BSRM. 48
- Figure 12 50
- Total employees of Masco Pikaso Ltd. 50
- Figure 13 52
- Guidelines for productive capacity development. 52
- Figure 14 53
- Structural transformation through digitalization and innovation for the economy. 53
- Cambodia 56
- Figure 1 57
- Analytical framework of the study. 57
- Figure 2A 61
- Decline in growth during the pandemic. 61
- Figure 2B 61
- Growth is driven by investment rather than productivity. 61
- Figure 3 64
- challenges that firms faced during COVID-19. 64
- Figure 4 65
- driving forces for implementing innovations during COVID-19. 65
- Figure 5 66
- Identifying innovations by the needs of firms. 66
- Figure 6 67
- Catalysts for technology and non-technology innovations during COVID-19. 67
- Figure 7 69
- Challenges faced by Amru Rice during the COVID-19 pandemic. 69
- Figure 8 70
- Driving forces that motivated Amru Rice to pursue productivity enhancement. 70
- Figure 9 71
- Needs of Amru Rice for productivity enhancement during the pandemic. 71
- Figure 10 72
- Challenges faced by YOU HENG Fish Sauce firm during the pandemic. 72
- Figure 11 73
- Driving forces that motivated YOU HENG Fish Sauce to pursue productivity enhancement. 73
- Figure 12 74
- Needs of YOU HENG Fish Sauce for productivity enhancement during the pandemic. 74
- Fiji 79
- Figure 1 82
- Research framework. 82
- Figure 2 83
- Real GDP growth. 83
- Figure 3 84
- Fiji visitor arrivals statistics. 84
- Figure 4 84
- Share of agriculture in Fiji’s GDP in %. 84
- Figure 5 85
- Value of tax concession. 85
- Figure 6 86
- Top 10 sectors for SMEs in Fiji. 86
- Figure 7 87
- Australian ODA to Fiji by sector, 2023–24 budget estimate. 87
- Figure 8 89
- Fiji Spending by focus area, 2007–19. 89
- Figure 9 92
- Challenges in productivity enhancement of private firms in Fiji. 92
- Figure 10 94
- Certifications for productivity enhancement of private firms in Fiji. 94
- Figure 11 94
- Fiji and the major markets. 94
- Figure 12 96
- Debt to GDP ratio. 96
- Figure 13 97
- Productivity enhancement initiatives. 97
- Figure 14 100
- The Rooster poultry brand. 100
- Figure 15 101
- Total employees. 101
- Figure 16 102
- The Raffe Group properties. 102
- Mongolia 108
- Figure 1 109
- Productivity involvement by sectors. 109
- Figure 2 114
- Real GDP of Mongolia 2019–22. 114
- Figure 3 115
- GDP share by industry. 115
- Figure 4 115
- LFP rate for 2019–23. 115
- Figure 5 116
- Productivity of business sectors, by classification of economic activities. 116
- Figure 6 117
- Relative to GDP, Mongolia’s performance is above expectations for its level of development. 117
- Figure 7 119
- Productivity in business sector, 2019–22. 119
- Figure 8 120
- Private sector firms in Mongolia. 120
- Figure 9 126
- Results of the survey done by SME agency of Mongolia in March–May 2020. 126
- Figure 10 130
- Bagro Food Factory products. 130
- Figure 11 131
- Sales growth for Bagro. 131
- Figure 12 131
- Bagro’s operating costs and general administrative expenses. 131
- Figure 13 131
- Value added at Bagro. 131
- Figure 14 132
- Inventory at Bagro. 132
- Figure 15 132
- Net profit at Bagro. 132
- Figure 16 132
- Capital productivity at Bagro. 132
- Figure 17 133
- Growth in number of employees at Bagro. 133
- Figure 18 133
- Labor productivity at Bagro. 133
- Figure 19 135
- Financing for SIA. 135
- Figure 20 136
- Financial performance of the organization. 136
- Figure 21 136
- Total cost in MNT million. 136
- Figure 22 136
- Sales performance of the organization. 136
- Figure 23 137
- Total operating cost and general administrative expenses. 137
- Figure 24 137
- Value added performance of the organization. 137
- Figure 25 137
- Labor productivity of the organization. 137
- Pakistan 151
- Figure 1 155
- Report structure. 155
- Figure 2 157
- World GDP and selected countries, 2018–21. 157
- Figure 3 158
- World merchandise trade. 158
- Figure 4 159
- World services by category (percent change during 2019–21). 159
- Figure 5 160
- Change in Synthetic Activity Index 2020. 160
- Figure 6 162
- Analysis of three basic economic sector of Pakistan. 162
- Figure 7 164
- Impact of pandemic on industrial activities. 164
- Figure 8 165
- Large-scale manufacturing industries. 165
- Figure 9 168
- Key financial challenges based on primary data. 168
- Figure 10 169
- Key financial issues based on secondary data. 169
- Figure 11 170
- Business and operational challenges based on primary and secondary data. 170
- Figure 12 171
- Survival duration and preparedness against the pandemic crisis. 171
- Figure 13 173
- Strategies opted based on primary data. 173
- Figure 14 174
- Strategies opted based on secondary data. 174
- Figure 15 175
- Driving forces for organizations. 175
- Figure 16 179
- Relationship between business interventions and increased productivity. 179
- Figure 17 179
- Relationship between workforce and interventions and increased productivity. 179
- Figure B1 192
- Variations in world trade volumes, 2018–22. 192
- Figure B2 192
- Shares of various services in the services sector. 192
- Figure B3 193
- Industrial and manufacturing value addition growth, world vs Asia. 193
- Figure B4 194
- Services sectors’ shares, 2018–21. 194
- Figure B5 195
- Variations in large-scale manufacturing output, 2018–21. 195
- Figure B6 196
- Major sectors in Pakistan’s exports and imports. 196
- Figure B7 197
- World merchandise and services volume in trillion USD. 197
- Figure B8 198
- World manufacturing output in percentage. 198
- Sri Lanka 199
- Figure 1 200
- Research framework. 200
- Figure 2 205
- Likely risk of businesses shutting down due to the crisis. 205
- Figure 3 206
- Coping strategies during COVID-19 and Economic Crisis periods. 206
- Figure 4 207
- Employment strategies adopted by firms during crisis periods. 207
- Figure 5 207
- Skill development model used by firms. 207
- Figure 6 209
- Constraints that impeded firms’ recovery. 209
- Figure 7 212
- HPT products. 212
- Introduction 13
- Table 1 15
- Micro, small, medium, and large enterprises by country. 15
- Table 2 16
- Number of SMEs and their contribution to GDP by country. 16
- Table 3 16
- Labor productivity per worker and per hour in 2021. 16
- Table 4 17
- Average growth rate of labor productivity per worker. 17
- Table 5 17
- Total factor productivity. 17
- Table 6 18
- Government initiatives for business recovery during COVID-19. 18
- Table 7 19
- Enterprises’ challenges, successes, and productivity enhancement during COVID-19. 19
- Table 8 21
- Challenges and needs for productivity enhancement. 21
- Bangladesh 26
- Table 1 30
- Historical data for GDP, per capita income, and GDP growth rate in Bangladesh. 30
- Table-2 31
- Contribution of different sectors to GDP. 31
- Table 3 31
- Contribution of the manufacturing sector to GDP. 31
- Table 4 31
- Contribution of the services sector to GDP. 31
- Table 5 32
- Contribution of the agriculture sector to GDP. 32
- Table 6 32
- Major socioeconomic indicators of Bangladesh. 32
- Table 7 34
- Volume and growth rate of manufacturing sector (at 2015–16 constant prices). 34
- Table 8 35
- Classification of enterprises. 35
- Table 9 45
- Technological innovation and non-technological innovation. 45
- Cambodia 56
- Table 1 76
- Guidelines and recommendations for productivity enhancement. 76
- Fiji 79
- Table 1 99
- Indicators of business resilience. 99
- Table 2 99
- Innovative strategies of the five firms studied. 99
- Mongolia 108
- Table 1 109
- Productivity movement value network. 109
- Table 2 116
- Mongolia’s productivity indicators before and after the pandemic. 116
- Table 3 116
- GDP per capita. 116
- Table 4 116
- Labor, capital, and total factor productivity trends in Mongolia. 116
- Table 5 118
- Strengths and weaknesses for Mongolia in GII. 118
- Table 6 118
- SMEs and their role in the economy. 118
- Pakistan 151
- Table 1 154
- The enterprises selected for in-depth interviews. 154
- Table 2 156
- Criterion of small, medium, and large enterprises. 156
- Table 3 176
- Best practices implemented during the pandemic period. 176
- Table 4 177
- Best practices implemented by textile firms during the pandemic. 177
- Table A1 184
- Impact of COVID-19 on global economy. 184
- Table A2 184
- World Trade Statistics, 2018–22. 184
- Table A3 185
- World merchandise trade statistics, 2018–22. 185
- Table A4 185
- World merchandise and services import–export statistics, 2018–22. 185
- Table A5 186
- World services share by category including percentage change. 186
- Table A6 186
- Global share of major services by category including percentage change. 186
- Table A7 187
- World transport services percentage. 187
- Table A8 187
- Comparison of world indicators, 1990 vs 2021. 187
- Table A9 187
- Manufacturing value addition, 2018–21. 187
- Table A10 188
- Industrial value addition (2018–2021). 188
- Table A11 189
- Labor force statistics for Pakistan, 2018–20. 189
- Table A12 189
- Sectoral share in GDP of Pakistan. 189
- Table A13 190
- Share of services sector and its subsectors, in Pakistan. 190
- Table A14 190
- Share of industrial sector in Pakistan. 190
- Table A15 190
- Import and export percentage in Pakistan, 2018–22. 190
- Sri Lanka 199
- Table 1 201
- Impact of multiple crises on employment in Sri Lanka relative to 2019. 201
- Table 2 201
- Impact of multiple crises on GDP in Sri Lanka relative to 2019 in LKR million. 201
- Table 3 202
- Labor productivity, productive efficiency, and employment by industry sub-sector, 2022 202
- Table 4 203
- Impact of multiple crises on enterprise performance, with recovery rate in %. 203
- Table 5 203
- Financial obligations of sample firms as at the end of 2022 per enterprise. 203
- Table 6 204
- Labor productivity by subsector in LKR at constant prices. 204
- Table 7 205
- abor productivity by enterprise size in LKR at constant prices. 205
- Table 8 208
- Sri Lanka in the Global Index of Digital Entrepreneurship Systems, 2021. 208
- Table 9 208
- Status of using digital technologies in business operations (%). 208
- Table 10 210
- Characteristics of case-study firms by their industry sectors, 2023–14. 210
- FOREWORD 9
- Executive Summary 11
- Introduction 13
- Research Framework and Research Methodology 13
- Definition of Productivity 13
- Business Performance and Productivity Level 14
- Business Performance 14
- Productivity 16
- Analysis of Productivity Enhancement and Its Relation with Business Growth 17
- Conclusion and Recommendations 22
- Recommendations 23
- References 23
- Bangladesh 26
- Executive Summary 26
- Introduction 27
- Research Objectives 27
- Research Methodology and Approach 28
- Sampling 28
- Research Framework 28
- Scope and Limitations 29
- Report Structure 29
- Economic and Business Performance 29
- Economic Performance 29
- Business Performance 34
- Government Policies and Initiatives During and after COVID-19 36
- Financial Policy and Support Initiatives 36
- Bangladesh Bank’s Key Initiatives 37
- Other Policy and Support Initiatives 38
- Challenges, Driving Forces, and Needs for Productivity Enhancement 41
- Challenges in Enhancing Firm Productivity 41
- Driving Forces 44
- Needs for Firm-level Productivity Enhancement 45
- Case Studies 46
- Case Study 1: BSRM Steels Limited 46
- Case Study 2: Masco Pikaso Ltd 47
- Guidelines for Productivity Enhancement 50
- Productivity Improvement Initiative 50
- Conclusion 53
- References 54
- Appendix 55
- Cambodia 56
- Executive Summary 56
- Introduction 56
- Background 56
- Research Objectives 56
- Research Methodology 57
- Scope and Limitation 58
- Report Structure 60
- Economic Performance 60
- Government Policies, Regulations, and Initiatives for Private Sector’s Development 62
- Government Policies and Regulations 62
- Initiatives or Support Programs 62
- Challenges, Driving Forces, and Needs of Productivity Enhancement 63
- Challenges 63
- Driving Forces 64
- Needs for Productivity Enhancement 65
- Keys Successes 67
- Case Study 1: Amru Rice (Cambodia) Co., Ltd. 68
- Case Study 2: YOU HENG Fish Sauce 72
- Relationship between Business Resilience and Productivity 75
- Conclusion and Recommendations 76
- References 77
- Fiji 79
- Executive Summary 79
- Introduction 79
- Research Objectives 81
- Research Methodology 82
- Scope and Limitation 83
- Report Structure 83
- Economic and Business Performance 83
- Economic Performance 83
- Business Performance, including Number of Enterprises and Nature of Business 86
- Government Priority Sectors 86
- Government Policies, Regulations, and Initiatives toward Private Sector’s Development 88
- Government Policies and Regulations 88
- Initiatives or Support Programs 89
- Challenges, Driving Forces, and Needs of Productivity Enhancement 92
- Challenges in Enhancing Firm Productivity 92
- Needs of Productivity Enhancement 95
- Relationship between Business Resilience and Productivity 98
- Business Resilience 98
- Case Study 1: Future Farms Limited, Trading as Rooster Poultry 100
- Case Study 2: Raffe Group of Hotels and Resorts 102
- Guidelines 105
- Productivity Improvement Initiatives 105
- Innovation 105
- References 106
- Mongolia 108
- Executive Summary 108
- Introduction 108
- Definition of Productivity 111
- Research Objective 112
- Research Methodology and Approaches 112
- Scope and Limitations 113
- Economic and Business Performance 113
- Economic Performance 113
- Business Performance 118
- Government Policies, Regulations, and Initiatives toward Private Sector’s Development 121
- Government Policies and Regulations 121
- Initiatives or Support Programs 121
- Government Priority Sectors 123
- Challenges, Driving Forces, and Needs for Productivity Enhancement 123
- Relationship Between Business Resilience and Productivity 126
- Case Study 1: Bagro LLC 129
- Digital Transformation and Productivity 135
- Case Study 2. Social Insurance Authority 135
- Conclusion and Recommendations 142
- Recommendations for the MPO 143
- Recommendations for Government Agencies 143
- Recommendations for SMEs 143
- References 144
- Annexure 145
- Annexure 1. Interview Questionnaire 145
- Annexure 2. Business Resilience Survey 147
- Annexure 3. Digital Transformation Readiness Survey 149
- Pakistan 151
- Executive Summary 151
- Introduction 152
- Research Objectives 153
- Methodology 153
- Selection Criteria 153
- Scope and Limitations 154
- Definitions 155
- SMEs and Large Enterprises in Pakistan 156
- Business Performance in Pakistan and COVID-19 156
- Government Policies 166
- Challenges 167
- Strategies and Driving Forces 172
- Case Studies 175
- Relationship between Business Resilience and Productivity 178
- Needs for Productivity Enhancement 180
- Conclusion 180
- References 181
- Appendix A: Tables 184
- Appendix B: Figures 192
- Sri Lanka 199
- Introduction 199
- Objectives and methodology 199
- Impact of Multiple Crisis on Business-sector Enterprises 201
- Analysis of Survey Results 202
- Results of Cross-sectional Sample Survey 202
- Case Studies 209
- Summary and Conclusions 215
- References 216
- LIST OF TABLES 217
- LIST OF FIGURES 219
- LIST OF ABBREVIATIONS 222
- List of Contributors 225