{"title":"Global Remittances and COVID-19: Locked Down but Not Locked Out","authors":"E. Tsingou","doi":"10.1525/GP.2021.23663","DOIUrl":null,"url":null,"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.","PeriodicalId":91118,"journal":{"name":"Journal of global health perspectives","volume":"42 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2021-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of global health perspectives","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1525/GP.2021.23663","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
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.
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