Publication:
Myanmar Economic Monitor, June 2024: Livelihoods Under Threat

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-06-20T13:33:02Z
dc.date.available2024-06-20T13:33:02Z
dc.date.issued2024-06-20
dc.description.abstractMyanmar’s economy continues to face significant challenges in 2024. Economic activity has been constrained by elevated conflict, increased macroeconomic volatility, and a challenging business environment. In addition to its ongoing impacts on household livelihoods and agricultural production, conflict continues to disrupt land border trade with China and Thailand, as well as domestic supply chains. Myanmar’s economy continues to face a range of constraints including elevated conflict, trade and logistics disruptions, rapidly rising prices, and shortages of a range of key inputs including labor, electricity, and imported inputs. Conflict has led to substantial displacement among affected populations, disrupted the transport of goods within the country, and blocked cross-border trade. The activation of the conscription law in February has reportedly prompted significant migration out of major urban areas toward rural border areas and to Thailand, with some firms reporting labor shortages as a result. Continued exchange rate depreciation and constrained access to import licenses has resulted in higher prices and ongoing shortages of imported inputs. And electricity outages have worsened further as gas-powered supply falters, with firms forced to use expensive diesel-powered generators to substitute for grid-based power. The economic outlook remains very weak, implying little respite for Myanmar’s households over the near to medium term.en
dc.identifierhttp://documents.worldbank.org/curated/en/099061124195517221/P5006631cca59607d182041fae76ab566cc
dc.identifier.doi10.1596/41741
dc.identifier.urihttps://hdl.handle.net/10986/41741
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectTRADE
dc.subjectSUPPLY CHAIN AND LOGISTICS
dc.subjectLOGISTIC HUBS AND PLATFORMS
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.subjectCONFLICT
dc.subjectPEACE, JUSTICE AND STRONG INSTITUTIONS
dc.subjectSDG 16
dc.titleMyanmar Economic Monitor, June 2024en
dc.title.subtitleLivelihoods Under Threaten
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleMyanmar Economic Monitor, June 2024: Livelihoods Under Threat
okr.date.disclosure2024-06-20
okr.date.lastmodified2024-06-12T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099061124195517221/P5006631cca59607d182041fae76ab566cc
okr.guid099061124195517221
okr.identifier.docmidP500663-cca596d2-a030-497d-8204-fae76ab566cc
okr.identifier.doihttps://doi.org/10.1596/41741
okr.identifier.externaldocumentum34339358
okr.identifier.internaldocumentum34339358
okr.identifier.report191094
okr.import.id4527
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099061124195517221/pdf/P5006631cca59607d182041fae76ab566cc.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryMyanmar
okr.topicInternational Economics and Trade::Trade and Multilateral Issues
okr.topicConflict and Development::Conflict and Fragile States
okr.topicConflict and Development::Armed Conflict
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicCommunities and Human Settlements::Human Migrations & Resettlements
okr.topicEnergy::Energy Consumption
okr.unitEFI-EAP-MTI-MacroFiscal-1 (EEAM1)
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