Abstract
What happens to remittances, an important feature of the global financial system, when a pandemic strikes? Despite early predictions of significant drops in volumes, flows have been affected less than expected. This commentary explains that this outcome is attributable in part to a renewed focus on the infrastructure of global finance and an accelerated development and use of digital solutions, but that it is mostly a result of the individual efforts and resilience of migrants.
Original language | English |
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Article number | 23663 |
Journal | Global Perspectives |
Volume | 2 |
Issue number | 1 |
ISSN | 2575-7350 |
DOIs |
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Publication status | Published - 2021 |
Keywords
- Cross-border flows
- Migration
- Remittances
- Pandemic