Download or read book Assessing the Impact on Household Incomes and Poverty of Declines in Remittances Due to COVID 19 written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2020-06-08 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remittances are an important income source for the poor in Myanmar, particularly for low-income rural households. This policy note focuses on the likely impact on household income and poverty in Myanmar of declines in international and domestic remittances caused by the COVID-19 pandemic. We used a microsimulation model to do so.
Download or read book Defying the Odds Remittances During the COVID 19 Pandemic written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-07-16 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an early assessment of the dynamics and drivers of remittances during the COVID-19 pandemic, using a newly compiled monthly remittance dataset for a sample of 52 countries, of which 16 countries with bilateral remittance data. The paper documents a strong resilience in remittance flows, notwithstanding an unprecedent global recession triggered by the pandemic. Using the local projection approach to estimate the impulse response functions of remittance flows during Jan 2020-Dec 2020, the paper provides evidence that: (i) remittances responded positively to COVID-19 infection rates in migrant home countries, underscoring its role as an important automatic stabilizer; (ii) stricter containment measures have the unintended consequence of dampening remittances; and (iii) a shift from informal to formal remittance channels due to travel restrictions appears to have also played a role in the surge in formal remittances. Lastly, the size of the fiscal stimulus in host countries is positively associated with remittances as the fiscal response cushions the economic impact of the pandemic.
Download or read book Assessing the impacts of COVID 19 on household incomes and poverty in Myanmar A microsimulation approach written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2020-08-03 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: With policy measures imposed by governments around the world to contain and prevent the spread of COVID 19, global and domestic economic activities and trade flows have been interrupted. The unexpected shocks of COVID 19 negatively affect not only Myanmar’s economy, but also the livelihoods of Myanmar households. This Working Paper assesses such impacts at the household level using a microsimulation model based on the Myanmar Poverty and Living Conditions Survey (MPLCS) conducted in 2015.
Download or read book Assessing the impacts of COVID 19 on household incomes and poverty in Rwanda A microsimulation approach written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2021-06-29 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Rwanda, as in other countries, different types of households will experience the economic effects of the COVID-19 pandemic differently. We use a microsimulation approach to highlight the importance of these differences and to draw attention to the diversified livelihood strategies of Rwandan households in order to fully understand COVID-19’s impacts on their income and poverty status. Our approach complements macro-level assessments of COVID-19’s economic impacts, focusing on the contribution of the income sources, asset holdings, and location (urban/rural) of households to understanding these differential effects.
Download or read book COVID 19 Estimating impact on the economy and poverty in Pakistan Using SAM Multiplier Model written by Moeen, Muhammad Saad and published by Intl Food Policy Res Inst. This book was released on 2021-01-23 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Accounting Matrix (SAM) multiplier analysis has been employed to assess the impacts of COVID-19 on various macroeconomic variables including Gross Domestic Product (GDP), employment, and poverty in Pakistan. SAM multiplier models are well-suited to estimate the direct and indirect effects of unanticipated demand-side shocks and short-term fluctuations on various sectors and agents in the economy, such as those caused by the COVID19 pandemic. The results show that Pakistan’s GDP declined by 26.4 percent from mid-March to the end of June 2020 (14 weeks) compared to a non-COVID scenario. Services were hit the hardest, registering losses of 17.6 percent, followed by industry with losses of 6.7 percent. Agriculture turned out to be resilient and remained relatively unhurt, falling by 2.1 percent. All households witnessed a reduction in incomes, but higher-income quartiles appeared to have lost more than lower-income ones. Our approach for economic impact with mitigation measures is to assess the effectiveness of Emergency Response Packages (ERP) by altering the remittances to levels that reflect the magnitude of the support from the government. The total government expenditures were directed towards different kinds of households of PKR 318.6 billion (USD 2.12 billion). This led to a reduction of about USD 3.1 billion in GDP losses, which, compared to the amount spent implied a multiplier of 1.4 in GDP per PKR spent. The national poverty rate soared to 43 percent and 38.7 percent in April and May respectively. The Government’s cash transfers program proved highly effective and led to 11 percent reduction in poverty rate during the pandemic. The recovery scenarios indicate a cumulative GDP loss of USD 11.8 billion and 11.1 USD billion under slow and fast recovery scenarios, respectively, by December 2020. Our estimates show that Pakistan’s annual GDP (at market prices) will register a decline of 4.6 percent in the year 2020 due to negative effects of the pandemic and sluggish economic recovery. Poverty is expected to stabilize at 27.6 percent and 27.4 percent for the two recovery scenarios by December 2020.
Download or read book COVID 19 impacts on smallholder farmers in Northern Shan State in Myanmar written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-12-22 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report on how the first wave of COVID-19 impacted on smallholder farmers in northern Shan State in Myanmar. The study examines the interactions of reduced border trade, remittances and contracted labour markets on household food security, nutrition and land tenure. In turn, tenure insecurity in rural areas may deepen the effects of COVID-19, as most rural people struggle to sustain their livelihoods through access to land and other natural resources. This is relevant as many ethnic groups in northern Shan State continue to manage their land through customary tenure systems that are not fully recognized by state authorities.
Download or read book Remittances and household welfare Findings from the Myanmar Household Welfare Survey MHWS written by Myanmar Agriculture Policy Support Activity (MAPSA) and published by Intl Food Policy Res Inst. This book was released on 2023-07-27 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remittances are a critical source of household income in Myanmar and are significantly associated with positive welfare outcomes. In 2022, 33 percent of the households surveyed in the Myanmar Household Welfare Survey (MHWS) received remittances at least once in the twelve-month period. Remittances made up 7 percent of the average monthly per capita income of households in 2022. Among households that received remittances, 40 percent of their average monthly per capita income was from remittances. Considerably more households received remittances in 2022, compared to 2017, the last year for which there is nationally representative data (World Bank 2017). Despite the increase in the number of households receiving remittances, compared to 2017, the income share from remittances has decreased for all households. Even with internal lockdowns and border closures because of the COVID-19 pandemic, remittance senders migrated internally in 2020 and 2021. As a result, domestic remittance flows appear to have increased steadily since 2012. International remittance flows, on the other hand, decreased substantially during the first two years of the pandemic. They are now increasing rapidly. In 2022, households in Rakhine, Chin, Mon, and Kayin received the most remittances of the states/regions. Households in Chin, Kayin, Tanintharyi, and Mon received a greater percentage of remittances from international senders rather than domestic senders. Most international remittance flows were from Thailand, Malaysia, and China. Households in Kachin, Ayeyarwady, and Mandalay received the most remittances from domestic senders. Most domestic remittance flows were from Yangon, Mandalay, and Shan. Receiving remittances has a positive and significant association with improved welfare outcomes. Households that receive remittances are less likely to have lower income compared with last year and more likely to have a better food consumption score and a higher dietary diversity score. Households who receive remittances use fewer coping strategies. Finally, households who receive remittances are more likely to have an improved house made of brick, brick/wood, or semi-pucca.
Download or read book Impacts of COVID 19 on Myanmar s agri food system Evidence base and policy implications written by Researchers of the International Food Policy Research Institute (IFPRI) and published by Intl Food Policy Res Inst. This book was released on 2020-10-09 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between April and October 2020, the International Food Policy Research Institute (IFPRI) and Michigan State University (MSU), with support from the United States Agency of International Development (USAID) and the Livelihoods and Food Security Fund (LIFT), have undertaken analyses of secondary data combined with regular telephone surveys of actors at all stages of Myanmar’s agri-food system in order to better understand the impacts of COVID-19 on the system. These analyses show that the volume of agribusiness has slowed considerably in Myanmar since COVID-19 restrictions were put in place. There is lower demand from farmers for agricultural inputs and mechanization services and lower volumes of produce traded, especially exports to neighboring countries whose borders are closed. All actors in the agri-food system are facing liquidity constraints and experiencing increased difficulties in both borrowing and recovering loans.
Download or read book 2021 Global food policy report Transforming food systems after COVID 19 written by International Food Policy Research Institute (IFPRI) and published by Intl Food Policy Res Inst. This book was released on 2021-04-13 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The coronavirus pandemic has upended local, national, and global food systems, and put the Sustainable Development Goals further out of reach. But lessons from the world’s response to the pandemic can help address future shocks and contribute to food system change. In the 2021 Global Food Policy Report, IFPRI researchers and other food policy experts explore the impacts of the pandemic and government policy responses, particularly for the poor and disadvantaged, and consider what this means for transforming our food systems to be healthy, resilient, efficient, sustainable, and inclusive. Chapters in the report look at balancing health and economic policies, promoting healthy diets and nutrition, strengthening social protection policies and inclusion, integrating natural resource protection into food sector policies, and enhancing the contribution of the private sector. Regional sections look at the diverse experiences around the world, and a special section on finance looks at innovative ways of funding food system transformation. Critical questions addressed include: - Who felt the greatest impact from falling incomes and food system disruptions caused by the pandemic? - How can countries find an effective balance among health, economic, and social policies in the face of crisis? - How did lockdowns affect diet quality and quantity in rural and urban areas? - Do national social protection systems such as cash transfers have the capacity to protect poor and vulnerable groups in a global crisis? - Can better integration of agricultural and ecosystem polices help prevent the next pandemic? - How did companies accelerate ongoing trends in digitalization and integration to keep food supply chains moving? - What different challenges did the pandemic spark in Asia, Africa, and Latin America and how did these regions respond?
Download or read book Distributional Impacts of COVID 19 in the Middle East and North Africa Region written by Johannes G. Hoogeveen and published by World Bank Publications. This book was released on 2021-12-20 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: COVID-19 is one of multiple crises to have hit the Middle East and North Africa (MENA) region in the decade following the Arab Spring. War, oil price declines, economic slowdowns, and now a pandemic are tearing at the social fabric of a region characterized by high rates of unemployment, high levels of informality, and low annual economic growth. The economic costs of the pandemic are estimated at about US$227 billion, and fiscal support packages across MENA are averaging 2.7 percent of GDP, putting pressure on already weak fiscal balances and making a quick recovery challenging. Even before the COVID-19 pandemic, MENA was the only region in the world experiencing increases in poverty and declines in life satisfaction. Distributional Impacts of COVID-19 in the Middle East and North Africa Region investigates how COVID-19 changed the welfare of individuals and households in the region. It does so by relying on phone surveys implemented across the region and complements these with microsimulation exercises to assess the impact of COVID-19 on jobs, income, poverty, and inequality. The two approaches complement and corroborate each other's results, thereby making the findings more robust and richer. This report's results show that, in the short run, poverty rates in MENA will increase significantly and inequality will widen. A group of 'new poor' is likely to emerge that may have difficulty recovering from the economic consequences of COVID-19. The report adds value by analyzing newly gathered primary data, along with projections based on newly modeled micro- and macrosimulations, and by identifying key issues that policy makers should focus on to enable a quick, inclusive, and sustained economic recovery.
Download or read book Community perceptions of the social and economic impacts of COVID 19 in Myanmar Insights from a National COVID 19 Community Survey NCCS June and July 2020 written by Lambrecht, Isabel and published by Intl Food Policy Res Inst. This book was released on 2020-09-15 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Myanmar has been fortunate in thus far having one of the lowest caseloads of COVID-19 per population globally, with under 400 confirmed cases as of early August. However, as a developing economy still beset by high rates of poverty and vulnerability, Myanmar is highly susceptible to the economic and social disruptions stemming from COVID-19. These disruptions began with the closure of the Chinese border and the cessation of agricultural exports in late January, followed in February and March by further disruptions to trade, tourism, manufacturing, and remittances. However, an economic simulation analysis by Diao et al. (2020) suggests that the most severe economic impacts of COVID-19 stemmed from the temporary lockdown policies imposed in late March, which – though necessary to prevent the further spread of the virus – led to significant disruptions throughout the economy, including the agri-food sector and the rural economy. Phone survey evidence on agricultural and industrial value chains demonstrates that economic disruptions related to COVID-19 are pervasive and significant (Fang et al, 2020; Goeb, Boughton, and Maredia 2020; Goeb et al. 2020, Takeshima, Win, and Masias 2020a, 2020b). In aggregate, economic simulations predict a modest contraction in Myanmar’s gross domestic product in 2020 (compared to rapid growth forecasted in the absence of COVID-19), but a more significant reduction in household incomes at around 12 percent on average.
Download or read book Synopsis Assessing the economywide impacts of COVID 19 on Rwanda s economy agri food system and poverty A social accounting matrix SAM multiplier approach written by Aragie, Emerta and published by Intl Food Policy Res Inst. This book was released on 2021-06-01 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rwanda’s policy response to COVID-19 has been widely praised for its rapid, systematic, and comprehensive approach to containing the pandemic. Although the economic consequences of the actions taken are unavoidable, the country expects to return its economy to its high-growth trajectory as the pandemic subsides. We used economic modeling tools designed to estimate the short-term economywide impacts of the unanticipated, rapid-onset economic shocks of COVID-19 on Rwanda. In this brief, we present a synopsis of the results of this analysis. • During the six-week lockdown that began in March 2020, we estimate Rwanda’s GDP fell 39.1 percent (RWF 435 billion; USD 484 million) when compared to a no-COVID situation. • Rwanda’s GDP in 2020 will be between 12 and 16 percent lower than a predicted no-COVID GDP, depending on the pace of economic recovery. The losses in annual GDP are between RWF 1.0 and 1.5 trillion (USD 1.1 to 1.6 billion). • While GDP for the industrial and services sectors were estimated to have fallen during the lockdown period by 57 and 48 percent, respectively, exemptions of COVID-19 restrictions for the agricultural sector limited the decline in agricultural GDP to 7 percent compared to a no-COVID situation. • During the lockdown period, the national poverty rate is estimated to have increased by 10.9 percentage points as 1.3 million people, mostly in rural areas, fell into temporary poverty. Poverty rates are expected to stabilize by the end of 2020, increasing only by between 0.4 and 1.1 percentage points over the pre-COVID situation. While these figures are encouraging, they mask the impacts on poor households of the sharp poverty spike during the lockdown and the inherent complexity of poverty dynamics post-lockdown. Looking forward, the speed and success of Rwanda’s economic recovery will depend critically on expanding Rwanda’s social protection programs, supporting enterprises of all sizes, providing broad assistance to the agri-food system, and restoring international trade.
Download or read book Assessing the economywide impacts of COVID 19 on Rwanda s economy agri food system and poverty A social accounting matrix SAM multiplier approach written by Aragie, Emerta and published by Intl Food Policy Res Inst. This book was released on 2021-05-17 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rwanda’s policy response to COVID-19 has been widely praised for its rapid, systematic, and comprehensive approach to containing the pandemic. Although the economic consequences are unavoidable, the country expects to return its economy to its high-growth trajectory as the pandemic subsides. We use economic modeling tools designed to estimate the short-term economywide impacts of the unanticipated, rapid-onset economic shocks of COVID-19 on Rwanda. - Results show that during the six-week lockdown that began in March, Rwanda’s GDP fell 39.1 percent (RWF 435 billion; USD 484 million) when compared to a no-COVID situation in the same period. - Results further show that Rwanda’s GDP in 2020 will be between 12 and 16 percent lower than a predicted no-COVID GDP, depending on the pace of the recovery. The losses in annual GDP are between RWF 1.0 and 1.5 trillion (USD 1.1–1.6 billion). - While GDP for the industrial and services sectors were estimated to have fallen during the lockdown period by 57 and 48 percent, respectively, exemptions of COVID-19 restrictions for the agricultural sector limited the decline in agricultural GDP to 7 percent compared to a noCOVID situation. - During the lockdown period, the national poverty rate is estimated to have increased by 10.9 percentage points as 1.3 million people, mostly in rural areas, fell into temporary poverty. Poverty rates are expected to stabilize by the end of 2020, increasing only by between 0.4 and 1.1 percentage points. While these figures may be encouraging, they mask the impacts on poor households of the sharp poverty spike during the lockdown and the inherent complexity of poverty dynamics post-lockdown. Looking forward, the speed and success of Rwanda’s recovery will depend critically on the expansion of Rwanda’s social protection programs, boosting enterprises of all sizes, support to the agri-food system, and restoration of international trade.
Download or read book Estimating the economic impacts of the first wave of COVID 19 in Pakistan using a SAM Multiplier Model written by Moeen, Muhammad Saad and published by Intl Food Policy Res Inst. This book was released on 2021-02-13 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Accounting Matrix (SAM) multiplier analysis has been employed to assess the impacts of COVID-19 on various macroeconomic variables including Gross Domestic Product (GDP), employment, and poverty in Pakistan. SAM multiplier models are well-suited to estimate the direct and indirect effects of unanticipated demand-side shocks and short-term fluctuations on various sectors and agents in the economy, such as those caused by the COVID-19 pandemic. The results show that Pakistan’s GDP declined by 26.4 percent from mid-March to the end of June 2020 (14 weeks) compared to a non-COVID scenario. Services were hit the hardest, registering losses of 17.6 percent, followed by industry with losses of 6.7 percent. Agriculture turned out to be resilient and remained relatively unhurt, falling by 2.1 percent. All households witnessed a reduction in incomes, but higher-income quartiles appeared to have lost more than lower-income ones. Our approach for economic impact with mitigation measures is to assess the effectiveness of Emergency Response Packages (ERP) by altering the remittances to levels that reflect the magnitude of the support from the government. The total government expenditures were directed towards different kinds of households of PKR 318.6 billion (USD 2.12 billion). This led to a reduction of about USD 3.1 billion in GDP losses, which, compared to the amount spent implied a multiplier of 1.4 in GDP per PKR spent. The national poverty rate soared to 43 percent and 38.7 percent in April and May respectively. The Government’s cash transfers program proved highly effective and led to 11 percent reduction in poverty rate during the pandemic. The recovery scenarios indicate a cumulative GDP loss of USD 11.8 billion and 11.1 USD billion under slow and fast recovery scenarios, respectively, by December 2020. Our estimates show that Pakistan’s annual GDP (at market prices) will register a decline of 4.6 percent in the year 2020 due to negative effects of the pandemic and sluggish economic recovery. Poverty is expected to stabilize at 27.6 percent and 27.4 percent for the two recovery scenarios by December 2020.
Download or read book Remittances and Social Safety Nets During COVID 19 Evidence from Georgia and the Kyrgyz Republic written by Nordine Abidi and published by International Monetary Fund. This book was released on 2023-05-05 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remittances and Social Safety Nets During COVID-19: Evidence From Georgia and the Kyrgyz Republic
Download or read book Understanding characteristics causes and consequences of migration Contributions from the CGIAR Research Program on Policies Institutions and Markets written by CGIAR Research Program on Policies, Institutions and Markets (PIM) and published by Intl Food Policy Res Inst. This book was released on 2021-10-01 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is estimated that nearly one in seven people — more than 1 billion in total — are classified as migrants in national statistics. Of these, about 763 million are estimated to be internal migrants; the remaining 281 million are international migrants (International Organization for Migration 2021). Migration is an intrinsic part of the development process, representing one of the greatest opportunities to facilitate economic and social advancement in developing countries. Understanding how different types of individuals and households perceive these opportunities and overcome related constraints, and how these change over time, is of key interest. At the same time, migration presents one of the world’s biggest challenges, requiring adjustments by both sending and hosting communities, and understanding those adjustments is a priority. The CGIAR Research Program on Policies, Institutions, and Markets (PIM) has undertaken more than 40 studies designed to explore the causes and consequences of internal and international migration. In aggregate, the studies help us understand what motivates people to migrate and what factors impinge on their ability to do so. These studies focused on the relationship of migration with rural transformation, gender, youth, climate change, and social protection and cut across the whole PIM research portfolio. This brief synthesizes findings from this research in an attempt to present a more complete picture. While there is a vast literature on migration external to PIM and CGIAR, the results of the PIM investigations constitute valuable inputs into national policies and programs designed to foster economic and social development while maximizing the benefits and reducing the risks of migration.
Download or read book Migration in West Africa written by Joseph Kofi Teye and published by Springer Nature. This book was released on 2022-07-04 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access Regional Reader examines the dynamics and impacts of international migration within and from West Africa. The book presents key theoretical perspectives and empirical findings on historical trends, geographical patterns, drivers and socio-economic impacts of both voluntary and involuntary migration in West Africa, a region that is characterised by high level of mixed migration flows. The book is divided into three main parts: changing patterns and governance of migration, managing environmental and forced migration, and diaspora, transnationalism and development. The chapters raise key research questions and outline recommendations for improving migration governance, protecting migrants and harnessing the benefits of migration for socio-economic development for both countries of origin and destination of migrants. As such this Regional Reader provides an interesting read to students, academics, researchers, migration experts, development practitioners and policy makers.
