IMPACTS OF THE COVID-19 PANDEMIC ON THE INFORMAL ECONOMY IN NAY PYI TAW, MYANMAR*
Abstract
- The informal economy is one of the crucial parts of a country’s economy because of its essential role for the income generation of a large number of people. Developing and Least Developed Countries are to a substantial degree depending on the informal sector. During the Covid-19 pandemic the informal sector was much affected by lockdowns and restrictions in public and private spaces, including markets and restaurants. They had a significant impact on the lives of informal workers as a particularly vulnerable group of population. This study explores, based on international and national literature, the economic impacts of the Covid-19 pandemic on the street vendors and informal workers in Nay Pyi Taw, capital of Myanmar. It further develops suggestions for possible support to ease the situation of the local people and their livelihoods.
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Year
- 2023
Author
-
Thaw Tar Htet Htet Paing
Subject
- Geography, History, International Relation and Political Science, Geology, Statistics, Management Studies, Law, Journalism
Publisher
- Myanmar Academy of Arts and Science (MAAS)