COVID-19 ECONOMIC AND SOCIAL IMPACT ASSESSMENT IN CAMBODIA

COVID-19 ECONOMIC AND SOCIAL IMPACT ASSESSMENT IN CAMBODIA

Oct 8, 2020

COVID-19 has had profound socioeconomic impacts on every nation in the world. In South-East Asia, an expected regional contraction of –0.1 percent in gross domestic product (GDP) for 2020 contrasts to a prediction of 4.5 percent growth before the pandemic. The United Nations Development Programme (UNDP) has assessed socioeconomic impacts specific to Cambodia to refine these estimates. An impact assessment used three models: a static general equilibrium model (CGE), a social accounting matrix (SAM) and a global trade analysis model (GTAP). The SAM allowed the measurement of the social and distributional impacts of the pandemic, including on poverty and employment.

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