Consumer Immobility Predicts Both Macroeconomic Contractions And Household Poverty During Covid 19

Author : Headey, Derek D.
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4./5 ( download)

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Download or read book Consumer immobility predicts both macroeconomic contractions and household poverty during COVID-19 written by Headey, Derek D. and published by Intl Food Policy Res Inst. This book was released on 2021-02-13 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amid extreme uncertainty during the COVID-19 pandemic, economic policymakers have struggled to respond to rapidly changing circumstances with appropriate speed and scale. One policy obstacle is the dearth of real-time indicators of the pandemic’s economic impacts, especially in low and middle income countries (LMICs). Here we show that an ‘immobility’ indicator from GoogleTM – measuring the extent to which consumers are staying at home more – is a powerful predictor of changes in household poverty in Myanmar, as well as aggregate national consumption and gross domestic product (GDP) in cross-country data. Combined, this evidence suggests that real-time mobility indicators have the potential to inform a wide range of policy deliberations, including forecasting models, fine-tuning the timing of both economic stimulus and social protection interventions, and tracking economic recovery from this unprecedented crisis.

Author : Derek Headey
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.11/5 ( download)

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Download or read book Consumer Immobility Predicts Both Macroeconomic Contractions and Household Poverty During COVID-19 written by Derek Headey and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Ecker, Olivier
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4./5 ( download)

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Download or read book Mitigating poverty and undernutrition through social protection: A simulation analysis of the COVID-19 pandemic in Bangladesh and Myanmar written by Ecker, Olivier and published by Intl Food Policy Res Inst. This book was released on 2023-02-13 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic resulted in severe income losses, but little is known about its impacts on diets and nutritional adequacy, or the effectiveness of social protection interventions in mitigating dietary and nutritional impacts. We first assess the likely impacts of COVID-19 shocks in Bangladesh and Myanmar on poverty and food and nutrient consumption gaps. We then analyze the estimated mitigating effects of five hypothetical social protection interventions of a typical monetary value: (1) cash transfers; (2) in-kind transfers of common rice; (3) in-kind transfers of fortified rice enriched with multiple essential micronutrients; (4) vouchers for a diversified basket of rice and non-staple foods; and (5) food vouchers with fortified rice instead of common rice. The simulation results suggest modest effectiveness of the cash transfers for mitigating poverty increases and little effectiveness of all five transfers for preventing increasing food and nutrient consumption gaps among the poorest 40%. Rice fortification is, however, effective at closing key micronutrient consumption gaps and could be a suitable policy instrument for averting ‘hidden hunger’ during economic crises.

Author : Myanmar Agriculture Policy Support Activity (MAPSA)
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4./5 ( download)

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Download or read book Beyond emergency relief: What will it take to ensure a resilient recovery for agriculture and the rural economy of Myanmar written by Myanmar Agriculture Policy Support Activity (MAPSA) and published by Intl Food Policy Res Inst. This book was released on 2022-02-02 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent history of rural economic transformation in Myanmar and the effects of COVID-19 and the military coup in February 2021 provide important lessons for the design and implementation of plans to help the country recover from these scourges. The impoverishment of farming communities in Myanmar during decades of socialist military rule, beginning in the 1960s until the turn of the century, led to an outflux of migrants to neighboring countries. As the country opened up to foreign investment through economic reforms initiated in 2011, rural wages surged and farm mechanization services expanded rapidly. Together with increased remittance flows from migrants, higher rural household incomes drove growth in a wide range of non-farm service enterprises. Nevertheless, agricultural growth was low and most crop subsectors stagnated due to underlying and unresolved structural constraints such as poor infrastructure and inequality in land access. As in many other countries in Asia, border closures and lockdowns instituted to prevent the spread of COVID-19 in early 2020 resulted in widespread employment and income losses. The Myanmar government pro-actively sought to mitigate the impacts through expanded credit to farmers and businesses. By the end of 2020, Myanmar was beginning to recover from the economic stresses of COVID-19. However, the February 2021 military coup resulted in a far more severe economic downturn than COVID-19 due to the collapse of the financial system, the massive resignations by public sector employees, and the prolonged movement restrictions. Coup-induced state failure greatly magnified the health and economic consequences of COVID-19 in terms of poverty, food insecurity, and stalled economic transformation. This paper uses a combination of macro, meso, and micro-level analyses to measure the impacts of COVID-19 and state failure on rural economic transformation through the lens of the agri-food system, and to draw lessons for policies to support broad-based and resilient economic recovery.

Author : Myanmar Agriculture Policy Support Activity (MAPSA)
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : pages
Book Rating : 4./5 ( download)

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Download or read book Poverty measurement by phone: Developing and testing alternative poverty metrics from the nationally representative Myanmar Household Welfare Survey (MHWS), Round 1 (December 2021-January 2022) written by Myanmar Agriculture Policy Support Activity (MAPSA) and published by Intl Food Policy Res Inst. This book was released on 2022-06-28 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty measurement in low and middle income countries (LMICs) has always been challenging, especially among rural households whose incomes are characterized by seasonality, informality and some degree of subsistence consumption. During the COVID-19 pandemic poverty measurement became even more challenging as research had to resort phone surveys, who necessary brevity precludes the use of detailed household expenditure modules preferred in rural settings. Phone surveys instead typically resorted to qualitative questions on income losses and other welfare impacts of economic shocks. Here we use the new nationally representative Myanmar Household Welfare Survey (MHWS) to experiment with three kinds of poverty measures: (1) Asset poverty (10 questions); (2) Income poverty (a maximum of 17 questions); and (3) Food expenditure poverty (based on 4 questions). We first describe the methods for constructing these three indicators – including the poverty lines used for income and food poverty – and their conceptual strengths and weaknesses, before turning to a descriptive analysis of their geographical patterns, their associations with each other and with expenditure-based poverty in the last national survey in 2017. We then test their ability to predict poor diet quality and experiences of hunger, which – based on previous studies – are outcomes that ought to be highly sensitive to household poverty. We draw three important conclusions for measuring poverty in phone surveys. First, asset poverty and income poverty are strongly associated with each other, and with state/region poverty patterns of expenditure-based poverty in 2017. Second, asset poverty was consistently the strongest predictor of poor diet diversity among adults and children, as well as food insecurity at the household level, but income poverty also predicted these outcomes even after controlling for asset poverty. Third, we argue that phone surveys should measure both asset and income poverty, but should likely steer clear of food expenditure measures, which will either require overly long survey instruments, or very short questionnaires susceptible to underestimate of expenditure and overestimation of poverty. However, asset and income poverty are relatively quick and easy to measure, and conceptual complements to each other: income poverty is likely to be sensitive to shocks and seasonality, while asset poverty is insensitive to these fluctuations but captures long-term wealth. Finally, another important benefit of measuring income poverty is its ability to capture the effects of inflationary shocks, as inflation can affect both nominal incomes (e.g. through unemployment) as well as through the analyst’s price adjustments to the real food poverty line.

Author : Moeen, Muhammad Saad
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)

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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.

Author : Fassin Didier
Publisher : Hau
ISBN 13 : 9781912808809
Total Pages : 350 pages
Book Rating : 4.03/5 ( download)

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Download or read book Pandemic Exposures written by Fassin Didier and published by Hau. This book was released on 2021-11 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: An illuminating, indispensable analysis of a watershed moment and its possible aftermath. For people and governments around the world, the onset of the COVID-19 pandemic seemed to place the preservation of human life at odds with the pursuit of economic and social life. Yet this naive alternative belies the complexity of the entanglements the crisis has created and revealed not just between health and wealth but also around morality, knowledge, governance, culture, and everyday subsistence. Didier Fassin and Marion Fourcade have assembled an eminent team of scholars from across the social sciences to reflect on the myriad ways SARS-CoV-2 has entered, reshaped, or exacerbated existing trends and structures in every part of the globe. The contributors show how the disruptions caused by the pandemic have both hastened the rise of new social divisions and hardened old inequalities and dilemmas. An indispensable volume, Pandemic Exposures provides an illuminating analysis of this watershed moment and its possible aftermath.

Author : International Commission on the Futures of Education
Publisher : UNESCO Publishing
ISBN 13 : 9231004786
Total Pages : 185 pages
Book Rating : 4.80/5 ( download)

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Download or read book Reimagining our futures together written by International Commission on the Futures of Education and published by UNESCO Publishing. This book was released on 2021-11-06 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The interwoven futures of humanity and our planet are under threat. Urgent action, taken together, is needed to change course and reimagine our futures.

Author : United Nations
Publisher : United Nations
ISBN 13 : 9290687894
Total Pages : 492 pages
Book Rating : 4.94/5 ( download)

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Download or read book World Migration Report 2020 written by United Nations and published by United Nations. This book was released on 2019-11-27 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2000, IOM has been producing world migration reports. The World Migration Report 2020, the tenth in the world migration report series, has been produced to contribute to increased understanding of migration throughout the world. This new edition presents key data and information on migration as well as thematic chapters on highly topical migration issues, and is structured to focus on two key contributions for readers: Part I: key information on migration and migrants (including migration-related statistics); and Part II: balanced, evidence-based analysis of complex and emerging migration issues.

Author : Derek Headey
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896291782
Total Pages : 142 pages
Book Rating : 4.82/5 ( download)

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Download or read book Reflections on the Global Food Crisis written by Derek Headey and published by Intl Food Policy Res Inst. This book was released on 2010 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dramatic surge in food prices from 2005 to 2008 seriously threatened the world's poor, who struggle to buy food even under normal circumstances, and led to protests and riots in the developing world. The crisis eventually receded, but such surges could recur unless steps are taken to prevent them. Using up-to-date information, the authors of Reflections on the Global Food Crisis identify the key causes of the food price surge, its consequences for global poverty, and the challenges involved in preventing another crisis. Breaking from many earlier interpretations, the authors conclude that the crisis was not primarily fostered by increased demand for meat products in rising economies such as China and India or by declines in agricultural yields or food stocks, or by futures market speculation. Instead, they attribute the rising food prices to a combination of rising energy prices, growing demand for biofuels, the U.S. dollar depreciation; and various trade shocks related to export restrictions, panic purchases and unfavorable weather. As part of their analysis, the authors also provide the first comprehensive review of both the macroeconomic and microeconomic consequences of the crisis, as well as a detailed comparison of the current crisis with the food price crisis of 1974. To prevent another crisis, the authors conclude that the global food system should be reformed through several key steps: make trade in agricultural commodities more free yet more secure; address long-term threats to agricultural productivity, such as climate change and resource degradation; scale up social protection in potentially food insecure countries; and encourage agricultural production in at least some of the countries now heavily dependent on food imports. Reflections on the Global Food Crisis will be a valuable resource for policymakers, development specialists, and others concerned with the world's poorest people.