Abstract
ABSTRACT COVID-19 has disrupted the flow of international remittance that many South Asian economies depend upon. This ‘remittance shock’ is likely to catalyse a downturn in foreign exchange earnings, worsen structural unemployment and threaten the welfare of millions of low-income families. We situate the pandemic as an unprecedented challenge to the migration-development nexus in South Asia and examine the economic implications for three remittance economies: India, Nepal and Sri Lanka. We evaluate those countries’ existing responses to the crisis and discuss policy alternatives, highlighting the need to recalibrate development strategies by reducing reliance on migration and remittances.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
