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COVID-19 in the Greater Mekong Subregion: how resilient are rural households?
Hermann Waibel1, Ulrike Grote2, Shi Min3
1Institute of Development and Agricultural Economics, Leibniz Universität Hannover, Königsworther Platz 1, 30167 Hannover, Germany.
Abstract:
In this paper we submit some thoughts on the possible implications of the COVID-19 pandemic for rural people in the countries of the Greater Mekong Subregion (GMS). We base our observations and conclusions on our long-term research experience in the region. The paper focuses on the economics of rural households during this crisis period and its aftermath. We conclude that country differences clearly exist due to their different stages of development. However, while rural households belong to the Corona risk groups, they are also resilient to such a shock. We submit that Governments in the GMS should strengthen policies that conserve the safety-net function of rural villages.
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