Role of remittances in small Pacific Island economies: an empirical study of Fiji
by T.K. Jayaraman, Chee-Keong Choong, Ronald Kumar
International Journal of Economics and Business Research (IJEBR), Vol. 3, No. 5, 2011

Abstract: In the context of the ongoing current global economic downturn, mobilisation of foreign exchange earnings has assumed considerable importance. By adopting an augmented Solow model approach, this paper examines the long-run growth effects of Fiji's inward remittances during a three-decade period (1979–2008). The study finds that remittances have had a positive and significant effect on economic activities. This paper also discusses some important policy implications arising out of the study findings.

Online publication date: Wed, 22-Apr-2015

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