Migration and Development Brief 36 May 2022 A War in a Pandemic Implications of the Ukraine crisis and COVID-19 on global governance of migration and remittance flows Final, May 10, 2022 Migration and Remittances Team Social Protection and Jobs World BankContents 1. A Financial Lifeline for a Developing World at Risk ..................................................................................8 1.1 Prior to the Russian invasion of Ukraine, remittances sustained strong momentum in 2021 ..........8 1.2 Reasons for Sustained Growth in Remittances during 2021............................................................10 1.3 Top Remittance Source and Recipient Countries in 2021 ................................................................15 1.4 The Outlook for 2022: Risks Escalate in the Wake of the Russian Invasion of Ukraine ...................16 2. Migration Trends.....................................................................................................................................17 3. Policy Issues ............................................................................................................................................19 3.1 Remitta