LEADER 02570nam a2200313 i 4500001 99131234907206421 005 20231010090053.0 006 m o d 007 cr ||||||||||| 008 231010s2022 dcu o 000 0 eng d 024 7 10.1596/978-1-4648-1920-9 035 (CKB)5680000000135669 035 (NjHacI)995680000000135669 035 (EXLCZ)995680000000135669 040 NjHacI |beng |erda |cNjHacl 050 4 KZ6385 |b.W675 2022 082 04 341.6 |223 110 2 World Bank Group, |eauthor, |eissuing body. 245 10 South Asia Economic Focus : |bCOVID-19 and Migration / |cWorld Bank Group. 246 South Asia Economic Focus 264 1 Washington, D.C. : |bWorld Bank, |c2022. 300 1 online resource (212 pages). 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 490 1 South Asia Economic Focus, Fall 2022 ; |v2022 588 Description based on publisher supplied metadata and other sources. 520 South Asia is facing renewed challenges. The impact of the Russia-Ukraine war on food and energy prices on domestic inflation is long-lasting. Externally, countries' current account balances deteriorate rapidly as imports rise on the back of economic recovery and rising inflation, remittances decline, and foreign capital flows out following monetary tightening in advanced economies. An economic slowdown in advanced economies and trading partners can also be a drag to the exports sector and remittances inflows, which many countries in the region depend on. These immediate challenges can translate to persistent deterrent to long-term growth and development. Higher energy prices already are changing the attitude of many countries outside the region about green transition and carbon reduction. The South Asia region is thus at a critical juncture. The theme chapter provides a deep dive into COVID-19 and migration. Migrant workers and remittances flows are important for South Asia as sources of income and means to smooth local income shocks for households, and as an important source of foreign reserves for the country. The pandemic changed the flows of migration, as some migrants had to return home and some had to stay in foreign countries due to COVID-related restrictions. The chapter studies the long-run trend of migration in the region, how COVID-19 impacted migration and remittance inflows, whether migration has (or has not) recovered, and proposes policies to address underlying problems. 650 0 War (International law) 776 |z1-4648-1920-3 830 0 South Asia economic focus ; |v2022. 906 BOOK