Myanmar Economic Monitor, June 2024
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Washington, DC: World Bank
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Descripción
Myanmar’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.
Palabras clave
ECONOMIC GROWTH, TRADE, SUPPLY CHAIN AND LOGISTICS, LOGISTIC HUBS AND PLATFORMS, DECENT WORK AND ECONOMIC GROWTH, SDG 8, CONFLICT, PEACE, JUSTICE AND STRONG INSTITUTIONS, SDG 16