CASE STUDY: Role of remittances in Tongan economy
DOI:
https://doi.org/10.59670/ml.v7i2.195Keywords:
Remittances, economic growth, financial sector development, bounds test, TongaAbstract
Inward remittances have been a great support to Pacific Island Countries, including Tonga. Aside from being a major source of foreign exchange earnings, they supplement domestic savings and real resources. This paper examines the role of remittances in the economic growth of Tonga’s during a 28 year period (1981-2007).
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Jayaraman, T. K., Choong, C.-K., & Kumar, R. (2014). CASE STUDY: Role of remittances in Tongan economy. Migration Letters, 7(2), 224–230. https://doi.org/10.59670/ml.v7i2.195
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