Impact of falling remittances amid COVID-19 on Yemen’s war-torn economy

Dalia Elsabbagh, Sikandra Kurdi and Manfred Wiebelt ()

Chapter 7 in COVID-19 and global food security: Two years later, 2022, pp 51-53 from International Food Policy Research Institute (IFPRI)

Abstract: Even before the COVID-19 pandemic battered economies across the world, Yemen had already experienced a half decade of civil war, resulting in a loss of approximately 45 percent of its real GDP by the end of 2019, according to the Yemeni Ministry of Planning. As the conflict continued, remittances from Yemenis working outside the country kept many households afloat and became an increasingly important source of income, estimated at $3.77 billion in 2019 — around 13 percent of GDP.

Keywords: value chains; agricultural products; policies; covid-19; health; employment; social protection; modelling; household income; nutrition; food security; gross national product; poverty; Yemen; Middle East; Asia; Western Asia (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hdl.handle.net/10568/141261

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fpr:ifpric:9780896294226_07

Access Statistics for this chapter

More chapters in IFPRI book chapters from International Food Policy Research Institute (IFPRI) Contact information at EDIRC.
Bibliographic data for series maintained by ().