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International remittance flows and the economic and social consequences of COVID-19

Author

Listed:
  • Guy J. Abel

    (Asian Demographic Research Institute, Shanghai University, China; Wittgenstein Centre (IIASA, VID/ÖAW, WU), International Institute for Applied Systems Analysis, Austria)

  • Stuart Gietel-Basten

Abstract

One of the possible consequences of the tightening of international borders during and after pandemic COVID-19 is what the World Economic Forum refers to as the ‘throttling’ of international (labour) migration. While this will have a profound macroeconomic impact on the global economy, the potential impact on remittances on families, communities and national economies could be equally marked. We present a chord diagram to visualize the latest inter- (and intra-) regional global data on international remittances. This graphic shows the degree of the interconnectedness of the ‘global economy of work’ and the extent to which negative health, economic, social or political changes for migrants in one territory will have profound consequences far across the world.

Suggested Citation

  • Guy J. Abel & Stuart Gietel-Basten, 2020. "International remittance flows and the economic and social consequences of COVID-19," Environment and Planning A, , vol. 52(8), pages 1480-1482, November.
    • Handle: RePEc:sae:envira:v:52:y:2020:i:8:p:1480-1482
    DOI: 10.1177/0308518X20931111
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    Cited by:

    1. Herdis Herdiansyah & Randi Mamola & Ninin Ernawati, 2024. "Intragenerational Dynamics in the Indonesian Oil Palm Growth Zone: The Resolution between Circular Dimensions and Human Capital," Sustainability, MDPI, vol. 16(8), pages 1-19, April.
    2. Georgeta Soava & Anca Mehedintu & Mihaela Sterpu & Mircea Raduteanu, 2020. "Impact of Employed Labor Force, Investment, and Remittances on Economic Growth in EU Countries," Sustainability, MDPI, vol. 12(23), pages 1-31, December.
    3. Vítor João Pereira Domingues Martinho, 2021. "Impact of Covid‐19 on the convergence of GDP per capita in OECD countries," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(S1), pages 55-72, November.

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