Global Remittances and COVID-19: Locked Down but Not Locked Out

Research output: Contribution to journalComment/debateResearchpeer-review

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 languageEnglish
Article number23663
JournalGlobal Perspectives
Volume2
Issue number1
ISSN2575-7350
DOIs
Publication statusPublished - 2021

Keywords

  • Cross-border flows
  • Migration
  • Remittances
  • Pandemic

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