Possible Economic Impacts of Falling Oil Prices, the Pandemic and the Looming Global Recession onto Overseas Filipinos and their Remittances

• Main Authors: Ang, Alvin P, Opiniano, Jeremaiah
• Format: text
• Published: Archīum Ateneo 2020
• Subjects: Overseas Filipinos; remittances; pandemic; COVID-19; The Philippines; recession; Economics; Health Economics
• Online Access: https://archium.ateneo.edu/economics-faculty-pubs/42; https://ideas.repec.org/p/agy/dpaper/202005.html
• Institution: Ateneo De Manila University

Billion-dollar remittances from an estimated 10.3 million Filipinos in over-200 countries and territories will be a major economic lifeline for the Philippines, given today’s global pandemic due to SARS-CoV-2 and COVID-19. However, the new coronavirus and the resultant area quarantines and lockdow...