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CASE STUDY: Role of remittances in Tongan economy

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Author Info

  • T. K. Jayaraman

    ()
    (School of Economics, Faculty of Business and Economics, the University of the South Pacific, Fiji Islands.)

  • Chee-Keong Choong

    ()
    (Centre for Economic Studies, Faculty of Business and Finance, Universiti Tunku Abdul Rahman (Perak-Campus), Malaysia.)

  • Ronald Kumar

    ()
    (School of Government, Development & International Affairs, Faculty of Business and Economics, the University of the South Pacific, Fiji Islands.)

Abstract

Inward remittances have been a great support to Pacific Island Countries, including Tonga. Aside from being a major source of foreign exchange earnings, they supple-ment domestic savings and real resources. This paper examines the role of remit-tances in the economic growth of Tonga’s during a 28 year period (1981-2007).

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File URL: http://www.metapress.com/content/lw2374qm212p6410/fulltext.pdf
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Bibliographic Info

Article provided by Transnational Press London, UK in its journal Migration Letters.

Volume (Year): 7 (2010)
Issue (Month): 2 (October)
Pages: 224-230

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Handle: RePEc:mig:journl:v:7:y:2010:i:2:p:224-230

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Web page: http://www.tplondon.com/

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Related research

Keywords: Remittances; economic growth; financial sector development; bounds test; Tonga.;

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Cited by:
  1. Kumar, Ronald R., 2011. "Role of Financial and Technology Inclusion, Remittances and Exports vis-à-vis growth: A study of Nepal," MPRA Paper 38850, University Library of Munich, Germany, revised 17 May 2012.
  2. Ronald Ravinesh Kumar & Radika Kumar, 2012. "Exploring sectoral elasticity vis-�-vis per worker income with a focus to agriculture: a study of Sub-Saharan Africa," African Journal of Economic and Sustainable Development, Inderscience Enterprises Ltd, vol. 1(1), pages 27-48.

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