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

Download or read book COVID-19 Impact on International Migration, Remittances, and Recipient Households in Developing Asia written by Aiko Kikkawa Takenaka and published by . This book was released on 2020 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.