Impacts of COVID-19 on Households in CAREC Countries
The COVID-19 pandemic has affected the income of all households, regardless of their economic status.
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.
WORKING PAPER NO: 1298