Socio-Economic Impact Assessment of Hurricane Dorian and the COVID-19 Pandemic on MSMEs in The Bahamas

Socio-Economic Impact Assessment of Hurricane Dorian and the COVID-19 Pandemic on MSMEs in The Bahamas

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Socio-Economic Impact Assessment of Hurricane Dorian and the COVID-19 Pandemic on MSMEs in The Bahamas

January 25, 2022

This report provides an assessment of the social and economic impact and efficacy of  post Dorian and COVID support programmes on micro, small and mid-sized enterprises in Grand Bahama and Abaco, as well as Recommendations for policy development to improve resiliency, promote social and economic recovery and mitigate the impact of future disaster on MSMES. This report links the available institutional research on the distinct and separate impacts of Hurricane Dorian and COVID-19 with new data collected from an online survey created on the KOBO Humanitarian platform in collaboration with UNDP SURGE Data Hub, Country Support Management Team of the UNDP Crisis Bureau. The survey, launched from November 2020 to February 2021 and promoted via radio and social media, received 486 responses from affected owners of MSMEs in Grand Bahama and Abaco, some of whom had been displaced because of the storm. The respondents represent almost 14 percent of all registered MSMEs on the islands prior to Hurricane Dorian.