Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery

This note discusses the significant risks facing microfinance institutions (MFI) in Myanmar in the wake of the COVID-19 health and economic crisis and the implications for poverty and food insecurity of a serious negative shock to the MFI sector. The note is based on a desk review of the early polic...

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Detalles Bibliográficos
Autor principal: Toth, Russell
Formato: Brief
Lenguaje:Inglés
birmano
Publicado: International Food Policy Research Institute 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/143810
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author Toth, Russell
author_browse Toth, Russell
author_facet Toth, Russell
author_sort Toth, Russell
collection Repository of Agricultural Research Outputs (CGSpace)
description This note discusses the significant risks facing microfinance institutions (MFI) in Myanmar in the wake of the COVID-19 health and economic crisis and the implications for poverty and food insecurity of a serious negative shock to the MFI sector. The note is based on a desk review of the early policy responses in Myanmar, of best practices identified by international and local experts, and online discussions with leaders of MFIs operating in Myanmar. The objective is to make policymakers aware of the crucial role MFIs play in a wide range of economic activities in Myanmar, including food production, processing, trade, and marketing. A serious disruption to the MFI sector has the potential to: • Exacerbate food insecurity through damaging economic resilience in the short-to-medium term, • Lower agricultural output in the critical upcoming monsoon production season, and • Harm the potential for microfinance to contribute to economic recovery.
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spelling CGSpace1438102025-11-06T06:50:30Z Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery Toth, Russell microfinance covid-19 economic crises economic recovery severe acute respiratory syndrome coronavirus 2 food security poverty resilience This note discusses the significant risks facing microfinance institutions (MFI) in Myanmar in the wake of the COVID-19 health and economic crisis and the implications for poverty and food insecurity of a serious negative shock to the MFI sector. The note is based on a desk review of the early policy responses in Myanmar, of best practices identified by international and local experts, and online discussions with leaders of MFIs operating in Myanmar. The objective is to make policymakers aware of the crucial role MFIs play in a wide range of economic activities in Myanmar, including food production, processing, trade, and marketing. A serious disruption to the MFI sector has the potential to: • Exacerbate food insecurity through damaging economic resilience in the short-to-medium term, • Lower agricultural output in the critical upcoming monsoon production season, and • Harm the potential for microfinance to contribute to economic recovery. 2020-03-01 2024-05-22T12:17:05Z 2024-05-22T12:17:05Z Brief https://hdl.handle.net/10568/143810 en my https://doi.org/10.2499/p15738coll2.133708 Open Access application/pdf application/pdf International Food Policy Research Institute Toth, Russell. 2020. Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery. Myanmar SSP Policy Note 3. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.133695.
spellingShingle microfinance
covid-19
economic crises
economic recovery
severe acute respiratory syndrome coronavirus 2
food security
poverty
resilience
Toth, Russell
Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery
title Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery
title_full Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery
title_fullStr Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery
title_full_unstemmed Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery
title_short Sustaining Myanmar’s microfinance sector during the COVID-19 economic crisis to support food security, resilience, and economic recovery
title_sort sustaining myanmar s microfinance sector during the covid 19 economic crisis to support food security resilience and economic recovery
topic microfinance
covid-19
economic crises
economic recovery
severe acute respiratory syndrome coronavirus 2
food security
poverty
resilience
url https://hdl.handle.net/10568/143810
work_keys_str_mv AT tothrussell sustainingmyanmarsmicrofinancesectorduringthecovid19economiccrisistosupportfoodsecurityresilienceandeconomicrecovery