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COVID-19, Coup D'Etat and Poverty

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Release : 2021
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Book Synopsis COVID-19, Coup D'Etat and Poverty by : UNDP Asia-Pacific Regional Centre

Download or read book COVID-19, Coup D'Etat and Poverty written by UNDP Asia-Pacific Regional Centre. This book was released on 2021. Available in PDF, EPUB and Kindle. Book excerpt: Myanmar, a least developed country, has made significant achievements in poverty reduction over the last decade. Despite such achievements, analyses of available data prior to the COVID-19 pandemic show that millions of people in Myanmar had remained vulnerable and at risk of falling into poverty in the face of a negative shock. Such vulnerabilities could create further challenges in poverty eradication efforts and lead to setbacks in achieving the Sustainable Development Goals (SDGs). This report presents UNDP research findings and analysis of data collected prior and during the COVID-19 pandemic in Myanmar on the socio-economic impacts of the compounded negative shocks of COVID-19 and the ongoing coup d'état. The study warns that, if unchecked, the combined effect of these two crises could push up to 12 million people into poverty. That could result in as much as 25 million people - nearly half of Myanmar's population - living below the national poverty line by early 2022, a level of impoverishment not seen in the country since 2005. Without rapid corrective actions on economic, social, political and human rights protection policies, these scenarios will put Myanmar's efforts to achieve the Sustainable Development Goals by 2030 well out of reach. As a dire and complex situation unfolds - characterized not only in humanitarian terms but also as a deep crisis in development, democratization, and human rights - and circumstances worsen, international support will play an important role in safeguarding the well-being of the Myanmar population.

Double Jeopardy: COVID-19, coup d'etat and poverty in Myanmar

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Release : 2022-06-28
Genre : Political Science
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Book Synopsis Double Jeopardy: COVID-19, coup d'etat and poverty in Myanmar by : Myanmar Agriculture Policy Support Activity (MAPSA)

Download or read book Double Jeopardy: COVID-19, coup d'etat and poverty in Myanmar written by Myanmar Agriculture Policy Support Activity (MAPSA). This book was released on 2022-06-28. Available in PDF, EPUB and Kindle. Book excerpt: Myanmar experienced four distinct COVID shocks to its economy over 2020 to early 2022 as well as a military takeover in February 2021 that created severe political, civil and economic turmoil. COVID and the coup d’état reversed a decade of growth and poverty reduction, but the full extent of the crisis on household poverty has remained uncertain because of the challenges of conducting large-scale in-person welfare surveys during the pandemic and recent political instability. Here we combine ex ante simulation models with diverse phone survey evidence from mid-2020 to early 2022 to estimate the poverty impacts of these shocks and some of the mechanisms behind them. Both simulations and surveys are consistent in painting a grim picture of rising poverty, capital-depleting coping mechanisms, and the complete collapse of government-provided social protection.

COVID-19, Coup D'etat, and Poverty

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Author :
Release : 2021
Genre : Burma
Kind : eBook
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Book Synopsis COVID-19, Coup D'etat, and Poverty by :

Download or read book COVID-19, Coup D'etat, and Poverty written by . This book was released on 2021. Available in PDF, EPUB and Kindle. Book excerpt:

Scaling up and sustaining social protection under COVID-19

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Release : 2020-10-06
Genre : Social Science
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Book Synopsis Scaling up and sustaining social protection under COVID-19 by : Fang, Peixun

Download or read book Scaling up and sustaining social protection under COVID-19 written by Fang, Peixun. This book was released on 2020-10-06. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic and accompanying lockdowns have had enormous negative economic impacts and tested the resilience of people across all income levels. However, as with most crises, the poor disproportionately face the largest challenge in coping with economic shocks given their low asset base, lack of savings, and the informality of their employment. Recent estimates suggest that as many as 140 million people could be pushed into extreme poverty by the crisis, threatening gains made in the fight against poverty, food insecurity, and malnutrition in the last decade (Laborde, Martin, and Vos 2020). Social safety net policies have expanded considerably during the pandemic, helping to prevent vulnerable populations from falling further into poverty and supporting households’ recovery following the pandemic. This brief summarizes some of the patterns that have emerged, using data from the COVID-19 Policy Response (CPR) Portal to better identify how governments are targeting their efforts, which groups they are prioritizing, and whether citizens are satisfied with these interventions.

Poverty in the Pandemic

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Release : 2023-09-01
Genre : Social Science
Kind : eBook
Book Rating : 231/5 ( reviews)

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Book Synopsis Poverty in the Pandemic by : Zachary Parolin

Download or read book Poverty in the Pandemic written by Zachary Parolin. This book was released on 2023-09-01. Available in PDF, EPUB and Kindle. Book excerpt: At the close of 2019, the United States saw a record-low poverty rate. At the start of 2020, the COVID-19 pandemic threatened to upend that trend and plunge millions of Americans into poverty. However, despite the highest unemployment rate since the Great Depression, the poverty rate declined to the lowest in modern U.S. history. In Poverty in the Pandemic social policy scholar Zachary Parolin provides a data-driven account of how poverty influenced the economic, social, and health consequences of the COVID-19 pandemic in the U.S., as well as how the country’s policy response led to historically low poverty rates. Drawing on dozens of data sources ranging from debit and credit card spending, the first national databases of school and childcare center closures in the U.S., and bi-weekly Census-run surveys on well-being, Parolin finds that entering the pandemic in poverty substantially increased a person’s likelihood of experiencing negative health outcomes due to the pandemic, such as contracting and dying from COVID, as well as losing their job. Additionally, he found that students from poor families suffered the greatest learning losses as a result of school closures and the shift to distance learning during the pandemic. However, unprecedented legislative action by the U.S. government, including the passage of the Families First Coronavirus Response Act (FFCRA), the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and the American Rescue Plan (ARP) helped mitigate the economic consequences of the pandemic and lifted around 18 million Americans out of poverty. Based on the success of these policies, Parolin concludes with policy suggestions that the U.S. can implement in more ‘normal’ times to improve the living conditions of low-income households after the pandemic subsides, including expanding access to Unemployment Insurance, permanently expanding the Child Tax Credit, promoting greater access to affordable, high-quality healthcare coverage, and investing more resources into the Census Bureau’s data-collection capabilities. He also details a method of producing a monthly measurement of poverty, to be used in conjunction with the traditional annual measurement, in order to better understand the intra-year volatility of poverty that many Americans experience. Poverty in the Pandemic provides the most complete account to date of the unique challenges that low-income households in the U.S. faced during the COVID-19 pandemic.

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