Remittances in crisis: Sri Lanka after the tsunami

Working and discussion papers
July 2006
Priya Deshingkar and M. M. M. Aheeyar

Migrant and diaspora remittances flowed generously immediately after the tsunami once again demonstrating the counter cyclical nature of remittances. While some migrants hand carried money back when they returned after the Tsunami others sent money through trusted channels such as banks and other formal channels. But the damage to infrastructure as well as the loss of documents meant that many affected families could not access remittances sent through that route.

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