ADBI-ADB Webinar on COVID-19 Impacts on Asian MSMEs and Households (53rd ADB Annual Meeting Seminar Series)

Event | 16 September 2020
Online

Time of event

10:00–13:00 Tokyo time

Summary

The COVID-19 outbreak and resulting uncertainty and policy interventions such as lockdowns, social distancing, and travel restrictions continue to severely disrupt Asian economies. Micro, small, and medium-sized enterprises (MSMEs) that account for the majority of economic activity and employment in many countries in the region, together with households, are bearing the brunt of the pandemic’s negative effects.

This ADBI-Asian Development Bank (ADB) webinar assessed COVID-19’s impacts on SMEs and households in developing Asia, in conjunction with the 53rd ADB Annual Meeting. The proceedings featured the findings of new research surveys on the current situation among MSMEs, households, farms, and the tourism sector in the region, providing a guide for improving pandemic mitigation.

Objectives
  • Highlight research by ADBI and ADB on the impacts of COVID-19 on MSMEs, households, farms, and tourism, as well as policies to address them
  • Build the capacity of ADB developing member countries mitigate the pandemic’s negative socioeconomic effects
Participants
  • Government officials from ADB developing member countries and policy researchers
Output
  • Improved understanding of COVID-19’s impacts on SMEs, households, farms, and tourism in developing Asia
  • Enhanced environment for the formulation of evidence-based pandemic mitigation policies
  • Impetus for greater dialogue and collaboration between government officials and policy researchers to address COVID-19’s effects
Partner

Asian Development Bank

Conference Presentations

Impacts of COVID-19 on MSMEs
Shigehiro Shinozaki, Senior Economist, ERCD, ADB
Paul Vandenberg, Senior Economist, ERCD, ADB

Slide

Impacts of COVID-19 on Enterprises and Farmers
Tetsushi Sonobe, Dean, ADBI

Slide

Impacts of COVID-19 on Households
Peter J. Morgan, Vice Chair of Research, ADBI

Slide

Impacts of COVID-19 on Tourism
Manisha Pradhananga, Economist, ERCD, ADB

Slide

Using Big Data to Support MSME Business
Naoko Nemoto, Financial Economist, ADBI

Slide

Policies to Support MSMEs Facing COVID-19 Impacts
Mario B. Lamberte, Team Leader, RESPOND Project, UPPAF

Slide

COVID-19 Impacts on Asian MSMEs and Households
Annie Norfolk Beadle, Policy Analyst, OECD

Slide