Publication:
Myanmar Economic Monitor, December 2024: Compounding Crises - Special Focus: International Migration from Myanmar

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-01-07T16:24:03Z
dc.date.available2025-01-07T16:24:03Z
dc.date.issued2025-01-07
dc.description.abstractEconomic conditions have deteriorated further in the past six months, with recent devastating floods adding to ongoing challenges associated with armed conflict and macroeconomic volatility. In conjunction with heavy monsoon rains, Typhoon Yagi, which struck Myanmar in early September, triggered flooding which is estimated to have affected 2.4 million people (4.4 percent of the population) across 192 townships. About 20 percent of total built-up structures (more than half a million buildings) and nearly 10 percent of Myanmar’s roads were affected by the floods, alongside damages to other infrastructure. Results from the September/October round of the World Bank Firm Survey indicate that more than a third of firms were affected by these floods, including more than half of all agricultural firms. Typhoon Yagi, Cyclone Mocha in May 2023, and the widespread impacts of related floods are stark reminders of natural disaster risks in Myanmar which are expected to worsen further with climate change. International benchmarking indicates that despite its high climate vulnerability Myanmar’s disaster preparedness is relatively low, amplifying social and economic risks.en
dc.identifierhttp://documents.worldbank.org/curated/en/099121024092015654/P50720310fc16e0251ba691e1227abb7375
dc.identifier.doi10.1596/42624
dc.identifier.urihttps://hdl.handle.net/10986/42624
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.subjectCLIMATE ACTION
dc.titleMyanmar Economic Monitor, December 2024en
dc.title.subtitleCompounding Crises - Special Focus: International Migration from Myanmaren
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-01-07
okr.date.doiregistration2025-04-14T11:50:50.353756Z
okr.date.lastmodified2024-12-10T00:00:00Zen
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099121024092015654/P50720310fc16e0251ba691e1227abb7375
okr.guid099121024092015654
okr.identifier.docmidP507203-0fc16ea4-322f-4325-ba69-e1227abb7375
okr.identifier.externaldocumentum34434476
okr.identifier.internaldocumentum34434476
okr.identifier.report195482
okr.import.id6228
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099121024092015654/pdf/P50720310fc16e0251ba691e1227abb7375.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryMyanmar
okr.topicFinance and Financial Sector Development
okr.topicEnvironment::Natural Disasters
okr.topicEnvironment::Climate Change Impacts
okr.topicUrban Development
okr.unitEFI-EAP-MTI-MacroFiscal-1 (EEAM1)
okr.unitEFI-EAP-Regional Director (EEADR)
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