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Impacts of COVID-19 on Households in CAREC Countries

Author

Listed:
  • Dina Azhgaliyeva

    (Asian Development Bank Institute)

  • Ranjeeta Mishra

    (Asian Development Bank Institute)

  • Trinh Long

    (Asian Development Bank Institute)

  • Peter Morgan

    (Asian Development Bank Institute)

Abstract

The impacts of the COVID-19 outbreak have heavily affected CAREC member countries, which include Afghanistan, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, the People’s Republic of China (PRC), Tajikistan, Turkmenistan, and Uzbekistan. The COVID-19 crisis and the resulting falls in demand and supply due both to uncertainty and policy measures such as lockdowns, “social distancing,” and travel restrictions are having a severe impact on CAREC member countries. In order to better understand these impacts, computer-assisted telephone (CATI) interviews of households were conducted in 10 countries from the CAREC region (excluding the PRC). We estimate the impact of COVID-19 on income declines, expenditure changes, and financial difficulty in December 2020 compared with June 2020.

Suggested Citation

  • Dina Azhgaliyeva & Ranjeeta Mishra & Trinh Long & Peter Morgan, 2022. "Impacts of COVID-19 on Households in CAREC Countries," ADBI Working Papers 1298, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:1298
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    References listed on IDEAS

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    1. Thomas Hale & Noam Angrist & Rafael Goldszmidt & Beatriz Kira & Anna Petherick & Toby Phillips & Samuel Webster & Emily Cameron-Blake & Laura Hallas & Saptarshi Majumdar & Helen Tatlow, 2021. "A global panel database of pandemic policies (Oxford COVID-19 Government Response Tracker)," Nature Human Behaviour, Nature, vol. 5(4), pages 529-538, April.
    2. Peter J. Morgan & Long Q. Trinh, 2021. "Impacts of COVID-19 on Households in ASEAN Countries and Their Implications for Human Capital Development," ADBI Working Papers 1226, Asian Development Bank Institute.
    3. Beirne, John & Morgan, Peter & Sonobe, Tetsushi (ed.), 2021. "COVID-19 Impacts and Policy Options: An Asian Perspective," ADBI Books, Asian Development Bank Institute, number 21.
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    Cited by:

    1. Dina Azhgaliyeva & Ranjeeta Mishra & Trinh Long & Peter Morgan & Wataru Kodama, 2022. "Impacts of COVID-19 on Households’ Business, Employment and School Education: Evidence from Household Survey in CAREC Countries," ADBI Working Papers 1335, Asian Development Bank Institute.
    2. Kamalbek Karymshakov & Dina Azhgaliyeva & Ranjeeta Mishra & Dastan Aseinov, 2022. "Evaluating COVID-19’s Impact on Firm Performance in the CAREC Region Using Night-Time Light Data: Azerbaijan, Georgia, Kazakhstan, and Mongolia," ADBI Working Papers 1332, Asian Development Bank Institute.
    3. Kodama, Wataru & Morgan, Peter & Azhgaliyeva, Dina & Trinh, Long & Kim, Kunhyui, 2024. "Family business during the COVID-19 pandemic in Asia: Role of government financial aid and coping strategies," World Development, Elsevier, vol. 182(C).

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    More about this item

    Keywords

    COVID-19; CAREC; Central Asia; household survey; household income; employment;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • H84 - Public Economics - - Miscellaneous Issues - - - Disaster Aid
    • I10 - Health, Education, and Welfare - - Health - - - General
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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