Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Assessing The Impacts Of Covid 19 On Household Incomes And Poverty In Myanmar A Microsimulation Approach
Download Assessing The Impacts Of Covid 19 On Household Incomes And Poverty In Myanmar A Microsimulation Approach full books in PDF, epub, and Kindle. Read online Assessing The Impacts Of Covid 19 On Household Incomes And Poverty In Myanmar A Microsimulation Approach ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Assessing the impacts of COVID-19 on household incomes and poverty in Myanmar: A microsimulation approach by : Diao, Xinshen
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.
Author :Myanmar Agriculture Policy Support Activity (MAPSA) Publisher :Intl Food Policy Res Inst ISBN 13 : Total Pages :28 pages Book Rating :4./5 ( download)
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) and published by Intl Food Policy Res Inst. This book was released on 2022-06-28 with total page 28 pages. 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.
Book Synopsis Poverty and food insecurity during COVID-19: Telephone survey evidence from mothers in rural and urban Myanmar by : Headey, Derek D.
Download or read book Poverty and food insecurity during COVID-19: Telephone survey evidence from mothers in rural and urban Myanmar written by Headey, Derek D. and published by Intl Food Policy Res Inst. This book was released on 2020-10-07 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Myanmar had one of the lowest confirmed COVID-19 caseloads in the world in mid-2020 and was one of the few developing countries not projected to go into economic recession. However, macroeconomic projections are likely to be a poor guide to individual and household welfare in a fast-moving crisis that has involved disruption to an unusually wide range of sectors and livelihoods. To explore the impacts of COVID-19 disruptions on household poverty and coping strategies, as well as maternal food insecurity experiences, this study used a telephone survey conducted in June and July 2020 covering 2,017 mothers of nutritionally vulnerable young children in urban Yangon and rural villages of Myanmar’s Dry Zone. Stratifying results by location, livelihoods, and asset-levels, and using retrospective questions on pre-COVID-19 incomes and various COVID-19 impacts, we find that the vast majority of households have been adversely affected from loss of income and employment. Over three-quarters cite income/job losses as the main impact of COVID-19 – median incomes declined by one third and $1.90/day income-based poverty rose by around 27 percentage points between January and June 2020. Falling into poverty was most strongly associated with loss of employment (including migrant employment), but also with recent childbirth. The poor commonly coped with income losses through taking loans/credit, while better-off households drew down on savings and reduced non-food expenditures. Self-reported food insecurity experiences were much more common in the urban sample than in the rural sample, even though income-based and asset-based poverty were more prevalent in rural areas. In urban areas, around one quarter of respondents were worried about food quantities and quality, and around 10 percent stated that there were times when they had run out of food or gone hungry. Respondents who stated that their household had lost income or experienced food supply problems due to COVID-19 were more likely to report a variety of different food insecurity experiences. These results raise the concern that the welfare impacts of the COVID-19 crisis are much more serious and widespread than macroeconomic projections would suggest. Loss of employment and casual labor are major drivers of increasing poverty. Consequently, economic recovery strategies must emphasize job creation to revitalize damaged livelihoods. However, a strengthened social protection strategy should also be a critical component of economic recovery to prevent adversely affected households from falling into poverty traps and to avert the worst forms of food insecurity and malnutrition, particularly among households with pregnant women and young children. The recent second wave of COVID-19 infections in Myanmar from mid-August onwards makes the expansion of social protection even more imperative.
Author :Researchers of the International Food Policy Research Institute (IFPRI) Publisher :Intl Food Policy Res Inst ISBN 13 : Total Pages :18 pages Book Rating :4./5 ( download)
Book Synopsis Impacts of COVID-19 on Myanmar’s agri-food system: Evidence base and policy implications by : Researchers of the International Food Policy Research Institute (IFPRI)
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.
Book Synopsis Poverty, food insecurity, and social protection during COVID-19 in Myanmar: Combined evidence from a household telephone survey and micro-simulations by : Headey, Derek D.
Download or read book Poverty, food insecurity, and social protection during COVID-19 in Myanmar: Combined evidence from a household telephone survey and micro-simulations written by Headey, Derek D. and published by Intl Food Policy Res Inst. This book was released on 2020-11-10 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study assesses the welfare impacts of COVID-19 on households in Myanmar by combining recent high-frequency telephone survey evidence for two specific rural and urban geographies with national-level survey-based simulations designed to assess ex-ante impacts on poverty with differing amounts of targeted cash transfers. The first source of evidence – the COVID-19 Rural and Urban Food Security Survey (C19- RUFSS) – consists of four rounds of monthly data collected from a sample of over 2,000 households, all with young children or pregnant mothers, divided evenly between urban and peri-urban Yangon and the rural Dry Zone. This survey sheds light on household incomes prior to COVID-19 (January 2020), incomes and food security status soon after the first COVID-19 wave (June 2020), the gradual economic recovery thereafter (July and August 2020), and the start of the second COVID-19 wave in September and October 2020. This survey gives timely and high-quality evidence on the recent welfare impacts of COVID-19 for two important geographies and for households that are nutritionally highly vulnerable to shocks due to the presence of very young children or pregnant mothers. However, the relatively narrow geographic and demographic focus of this telephone survey and the need for forecasting the poverty impacts of COVID-19 into 2021 prompt us to explore simulationbased evidence derived by applying parameter shocks to household models developed from nationally representative household survey data collected prior to COVID-19, the 2015 Myanmar Poverty and Living Conditions Survey (MPLCS). By realistically simulating the kinds of disruptions imposed on Myanmar’s economy by both international forces, e.g., lower agricultural exports and workers’ remittances, and domestic COVID-19 prevention measures. e.g., stay-at-home orders and temporary business closures, we not only can predict the impacts of COVID-19 on household poverty at the rural, urban, and national levels, but also can assess the further benefits to household welfare of social protection in the form of monthly household cash transfers of different magnitudes. Combined, these two sources of evidence yield insights on both the on-the-ground impacts of COVID-19 in recent months and the potential poverty reduction impacts of social protection measures in the coming year. We conclude the study with a discussion of the policy implications of these findings.
Author :Food and Agriculture Organization of the United Nations Publisher :Food & Agriculture Org. ISBN 13 :9251348820 Total Pages :36 pages Book Rating :4.2/5 (513 download)
Book Synopsis COVID-19 impacts on smallholder farmers in Northern Shan State in Myanmar by : Food and Agriculture Organization of the United Nations
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.
Book Synopsis Monitoring the impacts of COVID-19 in Myanmar: Food vendors - June and July 2020 survey round by : Minten, Bart
Download or read book Monitoring the impacts of COVID-19 in Myanmar: Food vendors - June and July 2020 survey round written by Minten, Bart and published by Intl Food Policy Res Inst. This book was released on 2020-09-15 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is feared that the COVID-19 pandemic will lead to widespread increases in global poverty and food insecurity and that these negative impacts will concentrate on the most vulnerable segments of the population (Swinnen and McDermott 2020). Although Myanmar, with one of the lowest COVID-19 infection rates in the world, has been spared the worst direct impacts of the disease, its economy remains highly vulnerable to the economic fallout of the contagion. A major contributor to increased food insecurity in Myanmar is the reduction of income among vulnerable populations (Diao et al. 2020), partly due to significant declines in remittances in the country (Diao and Wang 2020). In addition, disruptions to food marketing systems and changes in farm and consumer prices could also turn out to be major drivers of food insecurity. Changes in food markets – including supply of commodities and transport - and food and agricultural prices are an obvious concern to policy makers, given the importance of agricultural prices for the income of farmers and food prices for the purchasing power of consumers.
Book Synopsis 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 by : Lambrecht, Isabel
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.
Book Synopsis Employment options and challenges for rural households in Malawi: An agriculture and rural employment analysis of the fifth Malawi Integrated Household Survey, 2019/10 by : Benson, Todd
Download or read book Employment options and challenges for rural households in Malawi: An agriculture and rural employment analysis of the fifth Malawi Integrated Household Survey, 2019/10 written by Benson, Todd and published by Intl Food Policy Res Inst. This book was released on 2023-03-09 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Malawi has suffered from weak economic growth since its independence in 1964. Over 50 percentof the population live below the poverty line, unable to produce enough or to otherwise obtain sufficient income to meet all of their basic needs. Poverty is concentrated in rural areas. Smallholder agriculture dominates employment in rural Malawi. However, with continuing population growth, the average landholding size for smallholder farming households is declining, resulting in many being unable to produce sufficient food to meet their own needs. To escape poverty, rural households increasingly must diversify their sources of income, but many lack the human and financial capital to do so. In this report, a detailed examination is provided of the agricultural production, non-farm employment patterns, and overall incomes obtained by farming households across Malawi using data from the fifth Malawi Integrated Household Survey (IHS5), conducted in 2019/20. The analysis demonstrates that most poor farming households will never be able to escape poverty through their farming alone, even with substantially higher crop productivity. Rainfed cropping remains the primary form of agricultural production for farming households in Malawi. While increasing numbers are engaging in irrigated farming during the dry season, the returns from such farming are inconsistent and low. More importantly, off-farm income sources, particularly temporary ganyu wage employment, are now critical to the livelihoods of most rural households, particularly those with small cropland holdings. The common assumption that agriculture is at the center of the livelihoods of rural households across Malawi no longer holds. Of equal importance is their ability to obtain sufficiently remunerative off-farm employment. In developing strategies for rural economic and human development in Malawi, accelerating agricultural production growth, particularly through increased productivity, and increasing the returns to farming are necessary, but incomplete solutions. Equal attention must now be paid to how workers in farming households can also qualify for and obtain good off-farm jobs. Without increases in such employment opportunities, the economies of most rural communities across Malawi are likely to stagnate and poverty will deepen among households living in them.
Author :Myanmar Agriculture Policy Support Activity (MAPSA) Publisher :Intl Food Policy Res Inst ISBN 13 : Total Pages :29 pages Book Rating :4./5 ( download)
Book Synopsis Impact of a gender and nutrition behavioral change communication amid the COVID-19 crisis in Myanmar’s Central Dry Zone by : Myanmar Agriculture Policy Support Activity (MAPSA)
Download or read book Impact of a gender and nutrition behavioral change communication amid the COVID-19 crisis in Myanmar’s Central Dry Zone written by Myanmar Agriculture Policy Support Activity (MAPSA) and published by Intl Food Policy Res Inst. This book was released on 2022-04-19 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social behavior change communication (SBCC) interventions on gender and nutrition are now commonly implemented, but their impact on diet quality and empowerment is rarely assessed rigorously. We estimate the impact of a nutrition and gender SBCC intervention on women’s dietary diversity and empowerment in Myanmar during an especially challenging period—the first year of the COVID-19 pandemic. The intervention was implemented as a cluster-randomized controlled trial in 30 villages in Myanmar’s Central Dry Zone. Our analysis employs data from the baseline survey implemented in February 2020 and a phone survey implemented in February–March 2021 and focuses on women’s dietary diversity and sub-indicators of the project-level women’s empowerment in agriculture index (pro-WEAI). Two indicators of women’s empowerment―inputs to productive decisions and access to and decisions over credit―improved, indicating that SBCC interventions can contribute to changing gendered perceptions and behaviors; however, most of the empowerment indicators did not change, indicating that much of gendered norms and beliefs take time to change. Women’s dietary diversity scores were higher by half a food group out of 10 in treatment villages. More women in treatment villages consumed nuts, milk, meat or fish, and Vitamin A–rich foods daily than in control villages. We show that even in the setting of a pandemic, a SBCC intervention can be delivered through a range of tools, including household visits, phone-based coaching, and voice-based training, that are responsive to local and individual resource limitations. Gender messaging can change some gendered perceptions; but it may take more time to change deeply ingrained gender norms. Nutrition messaging can help counter the declines in dietary quality that would be expected from negative shocks to supply chains and incomes.
Book Synopsis Livestock, capture fisheries, and aquaculture in Myanmar: Status and recent trends by : Belton, Ben
Download or read book Livestock, capture fisheries, and aquaculture in Myanmar: Status and recent trends written by Belton, Ben and published by Intl Food Policy Res Inst. This book was released on 2022-06-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional forms of livestock-rearing and fishing have been central components in rural livelihoods in Myanmar for centuries and remain important today. More capital-intensive forms of marine fishing, aquaculture, and poultry farming began to expand during the early-1990s and grew briskly thereafter. This paper summarizes the status of the supply side of livestock, capture fisheries and aquaculture sectors in Myanmar, based on analysis of nationally representative data extracted from the Myanmar Living Conditions Survey 2017 and supporting information from other recent surveys and secondary sources. We examine levels of livestock ownership, participation in capture fisheries and aquaculture, reasons for rearing livestock, ownership of fishing assets, and household earnings from all three activities. We also discuss the characteristics of more geographically clustered, capitalintensive forms of poultry and swine farming, fishing, and fish farming, and the downturn in these sectors beginning in 2020 with the twin crises of COVID-19 and the coup. We conclude with a discussion of possible future directions for livestock farming, capture fisheries and aquaculture in Myanmar, along with priorities for sectoral upgrading.
Book Synopsis Myanmar’s agrifood system: Historical development, recent shocks, future opportunities by : Boughton, Duncan
Download or read book Myanmar’s agrifood system: Historical development, recent shocks, future opportunities written by Boughton, Duncan and published by Intl Food Policy Res Inst. This book was released on 2024-10-16 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Myanmar has endured multiple crises in recent years — including COVID-19, global price instability, the 2021 coup, and widespread conflict — that have disrupted and even reversed a decade of economic development. Household welfare has declined severely, with more than 3 million people displaced and many more affected by high food price inflation and worsening diets. Yet Myanmar’s agrifood production and exports have proved surprisingly resilient. Myanmar’s Agrifood System: Historical Development, Recent Shocks, Future Opportunities provides critical analyses and insights into the agrifood system’s evolution, current state, and future potential. This work fills an important knowledge gap for one of Southeast Asia’s major agricultural economies — one largely closed to empirical research for many years. It is the culmination of a decade of rigorous empirical research on Myanmar’s agrifood system, including through the recent crises. Written by IFPRI researchers and colleagues from Michigan State University, the book’s insights can serve as a to guide immediate humanitarian assistance and inform future growth strategies, once a sustainable resolution to the current crisis is found that ensures lasting peace and good governance.
Book Synopsis Regional variations and trends in the composition and vulnerability of rural livelihoods by : Belton, Ben
Download or read book Regional variations and trends in the composition and vulnerability of rural livelihoods written by Belton, Ben and published by Intl Food Policy Res Inst. This book was released on 2023-03-09 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The regional context in which rural livelihoods in Myanmar are embedded varies widely, in terms of physical geography, climate and agroecology, local resource base, agrarian structure, infrastructure provision, proximity to urban areas and neighboring countries, social networks, institutions, and ethnicities. The composition of livelihoods in each administrative and geographical zone of the country reflects these diverse contexts. Marked variations in patterns of livelihoods are evident at multiple scales, from the zone or region, down to township, and village level, so that the composition of livelihoods in villages close to one another sometimes varies widely (Phyo, 2022). Despite a high level of place-based specificity, many broad similarities and common trends also shape the composition of livelihoods at sub-national and national levels. These include: Generally low levels of agricultural productivity relative to other countries in the region, in terms of both land and labor (World Bank 2016); High rates of landlessness and legacies of land confiscation and unresolved struggles over land rights and access (Mark and Belton 2020); Generally poor, though -prior to 2020 - rapidly improving, public infrastructure and services, including electricity, roads, schools, health services, and rural credit (Belton et al. 2017; Lambrecht and Belton 2018); Relatively low levels of diversification and capital in the rural non-farm economy; High rates of international and domestic outmigration (World Bank and LIFT 2016; CHIME 2019); Histories of ethno-political conflict and insecurity (South 2009). This working paper synthesizes analyses from four large household surveys, each covering a major agro-ecological zone, to evaluate inter-regional variations in the composition of livelihoods and the rural economy. The four zones examined are the Delta (Ayeyarwady and Yangon), the Dry Zone (Mandalay, Magway, Sagaing), the hills (represented by Shan South), and the coasts (represented by Mon State). We also synthesize recent secondary sources that offer additional context and insights on regional livelihood dynamics from these and other areas of Myanmar, including the impacts of the ‘triple crisis’ (covid, coup, and price inflation) beginning in 2020.
Book Synopsis Universal Basic Income: Debate and Impact Assessment by : Maura Francese
Download or read book Universal Basic Income: Debate and Impact Assessment written by Maura Francese and published by International Monetary Fund. This book was released on 2018-12-10 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the definition and modelling of a universal basic income (UBI). After clarifying the debate about what a UBI is and presenting the arguments in favor and against, an analytical approach for its assessment is proposed. The adoption of a UBI as a policy tool is discussed with regard to the policy objectives (shaped by social preferences) it is designed to achieve. Key design dimensions to be considered include: coverage, generosity of the program, overall progressivity of the policy, and its financing.
Download or read book When schools shut written by UNESCO and published by UNESCO Publishing. This book was released on 2021-10-11 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Wage Report 2020-21 by : INTERNATIONAL LABOUR OFFICE.
Download or read book Global Wage Report 2020-21 written by INTERNATIONAL LABOUR OFFICE. and published by . This book was released on 2020-12-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ILO flagship report examines the evolution of real wages around the world, giving a unique picture of wage trends globally and by region. The 2020-21 edition analyses the relationship of minimum wages and inequality, as well as the wage impacts of the COVID-19 crisis. The 2020-21 edition also reviews minimum wage systems across the world and identifies the conditions under which minimum wages can reduce inequality. The report presents comprehensive data on levels of minimum wages, their effectiveness, and the number and characteristics of workers paid at or below the minimum. The report highlights how adequate minimum wages, statutory or negotiated, can play a key role in a human-centred recovery from the crisis
Book Synopsis The Short-Term Impact of COVID-19 on Labor Markets, Poverty and Inequality in Brazil by : International Monetary Fund
Download or read book The Short-Term Impact of COVID-19 on Labor Markets, Poverty and Inequality in Brazil written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-05 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document the short-term impact of the COVID-19 pandemic on the Brazilian labor market focusing on employment, wages and hours worked using the nationally representative household surveys PNAD-Continua and PNAD COVID. Sectors most susceptible to the shock because they are more contact-intensive and less teleworkable, such as construction, domestic services and hospitality, suffered large job losses and reductions in hours. Given low income workers experienced the largest decline in earnings, extreme poverty and the Gini coefficient based on labor income increased by around 9.2 and 5 percentage points, respectively, due to the immediate shock. The government’s broad based, temporary Emergency Aid transfer program more than offset the labor income losses for the bottom four deciles, however, such that poverty relative to the pre-COVID baseline fell. At a cost of around 4 percent of GDP in 2020 such support is not fiscally sustainable beyond the short-term and ended in late 2020. The challenge will be to avoid a sharp increase in poverty and inequality if the labor market does not pick up sufficiently fast in 2021.
