Financial Mobility In An Immobile World
The recent outbreak of COVID-19 is an unprecedented global issue, leading many to contemplate difficult questions that are plaguing all of humanity. With rising numbers of cases being identified and related deaths, Bangladeshis are collectively bracing themselves for the worst. Granted, the primary concerns now are more existential than economic, but it is not something we should ignore altogether. For a country like Bangladesh where 24.3 percent live under the national poverty line, with a large proportion involved in low skilled wage labor, the implications of the lockdown will be far-reaching. During crises such as these, liquidity becomes an increasing source of concern—particularly when the “quarantine” of banknotes receives serious consideration to curb transmission …