CASE STUDY: Role of remittances in Tongan economy

Tiru Jayaraman (), Chee-Keong Choong and Ronald Kumar

Migration Letters, 2010, vol. 7, issue 2, 224-230

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).

Keywords: Remittances; economic growth; financial sector development; bounds test; Tonga. (search for similar items in EconPapers)
Date: 2010
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