Published December 1, 2025 | Version v1
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Determinants of Remittance in South Asian Countries during COVID-19

  • 1. Pro Vice Chancellor, Uttara University, Bangladesh
  • 2. Department of Economics, North South University, Bangladesh
  • 3. Department of Economics, University of California, Berkeley, United States

Contributors

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  • 1. Department of Economics, North South University, Bangladesh

Description

The COVID-19 pandemic disrupted global remittance inflows. This study analyzes remittance patterns from South Asia and key determinants like migrant stock, government incentives, and exchange rates using monthly data (2018–2022) and the Gravity Model. Results show a decline in total remittances, with growth in Bangladesh and Bhutan, declines in Afghanistan, Maldives, and Nepal, and stability in India, Pakistan, and Sri Lanka. Migration stock and exchange rates drive remittance flows, while government incentives matter only in Bangladesh. Findings suggest targeted policies, including skill-based migration, financial literacy, and lower remittance costs, to sustain remittances during crises.

Notes

Published in Evergreen, Volume 12, Issue 04. Citation formats available via DOI link.

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Related works

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Journal article: 10.5109/7402624 (DOI)
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Other: https://citation.crossref.org/?doi=10.5109/7402624 (URL)