{"title":"Are remittances “resilient?” Evidence from Sri Lanka between COVID-19 and the crisis","authors":"Matt Withers","doi":"10.1177/01171968241266333","DOIUrl":null,"url":null,"abstract":"Remittances have been characterized as resilient flows of capital that provide financial relief to migrant households and emerging economies during downturns, crises and other periods of hardship. This article examines patterns of remittance transfer to Sri Lanka between January 2020 and December 2022, drawing on Central Bank statistics and online remittance surveys with migrant workers to test prominent assumptions about the drivers of remittance behavior. Findings indicate little evidence to support explanatory factors linked to the resilience hypothesis, instead pointing to the likelihood that fluctuations in official remittance figures reflect shifts between formal and informal remittance channels.","PeriodicalId":46248,"journal":{"name":"Asian and Pacific Migration Journal","volume":null,"pages":null},"PeriodicalIF":1.4000,"publicationDate":"2024-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian and Pacific Migration Journal","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1177/01171968241266333","RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"DEMOGRAPHY","Score":null,"Total":0}
引用次数: 0
Abstract
Remittances have been characterized as resilient flows of capital that provide financial relief to migrant households and emerging economies during downturns, crises and other periods of hardship. This article examines patterns of remittance transfer to Sri Lanka between January 2020 and December 2022, drawing on Central Bank statistics and online remittance surveys with migrant workers to test prominent assumptions about the drivers of remittance behavior. Findings indicate little evidence to support explanatory factors linked to the resilience hypothesis, instead pointing to the likelihood that fluctuations in official remittance figures reflect shifts between formal and informal remittance channels.
期刊介绍:
The Asian and Pacific Migration Journal (APMJ) was launched in 1992, borne out of the conviction of the need to have a migration journal originating from the region that would provide a regional perspective of migration. Users will be able to read any article published from 1992 to 2006, to search all the articles by words or keywords and to copy or print partially or fully any article.