COVID-19 Impact on International Migration, Remittances, and Recipient Households in Developing Asia

Published by: ADB

This brief assesses the impact of the coronavirus disease (COVID-19) on migrant workers, how reduced remittances will affect households and economies in Asia and the Pacific, and what policy makers can do to soften the blow.

Job losses stemming from COVID-19 are hurting households around the world, but for Asia and the Pacific’s 91 million migrant workers—a third of the global migrant workforce—the impacts will be particularly severe. In this brief, ADB economists estimate that the region faces remittance losses ranging from $31.4 billion to $54.3 billion. To reduce the economic and social impacts, policy responses are proposed in areas such as social protection, immigration, labor, and health.

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Additional Info

Field Value
Document type Issue and policy briefs
Language of document
  • English
Topics
  • Banking and financial services
  • Migration
  • Pandemics
Geographic area (spatial range)
  • Asia-Pacific
Copyright Yes
Access and use constraints

Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) © 2020 ADB. The CC license does not apply to non-ADB copyright materials in this publication.

Version / Edition 148
License Attribution-NonCommercial-ShareAlike 3.0 IGO (CC BY-NC-SA 3.0 IGO)
Contact

Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines Tel +63 2 8632 4444 Fax +63 2 8636 2444

Author (corporate) Asian Development Bank
ISBN number 978-92-9262-319-7
ISSN number 2218-2675
Publisher Asian Development Bank
Publication date 2020
Pagination 14
Keywords covid-19,Remittances,migrant workers
Date uploaded August 4, 2020, 07:52 (UTC)
Date modified August 4, 2020, 07:55 (UTC)