CASE STUDY: Role of remittances in Tongan economy

2014 ◽  
Vol 7 (2) ◽  
pp. 224-230 ◽  
Author(s):  
T. K. Jayaraman ◽  
Chee-Keong Choong ◽  
Ronald Kumar

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).

2009 ◽  
Vol 8 (4) ◽  
pp. 611-627 ◽  
Author(s):  
Chee-Keong Choong ◽  
Ronald Kumar ◽  

AbstractRemittances have been a great support to Pacific island countries (PICs). Aside from providing additions to domestic savings and, hence, real resources, they have been one of the major sources of foreign exchange earnings. In the context of falling exports and limited options to diversify their exports, inward remittances have assumed greater importance. This paper examines the nexus between growth and remittances in Samoa.


2006 ◽  
Vol 5 (4) ◽  
pp. 329-350 ◽  
Author(s):  
◽  
Chee-Keong Choong

AbstractPacific island countries (PICs), ever since their independence during the second half of the last century, have been among the world's top ten recipients of official development assistance (ODA) on a per capita basis. Until the mid 1990s, most of them were receiving aid from their erstwhile colonial masters for budgetary support. With the introduction of reforms in ODA delivery in the late 1990s with focus on program and project-tied aid, it was expected that aid would directly facilitate creation of much-needed growth enhancing infrastructures, physical as well as social, since domestic savings were found to be insufficient to finance them. However, continued stagnation in some PICs and deterioration in some others have been causing concerns. This paper seeks to examine the effectiveness of aid by undertaking a case study of Fiji, which has a longer time series data needed for econometric investigation. Based on the study's findings, the paper lists some policy conclusions relevant to the region.


2018 ◽  
Vol 3 (1) ◽  
pp. 51-74 ◽  
Author(s):  
Tiru K. Jayaraman ◽  
Lin Sea Lau ◽  
Cheong Fatt Ng

Except for emergencies and for technical assistance for raising skills and institution building, foreign aid to Pacific island countries (PICs) for budgetary support has been phased out since the late 1990s. Because of the small sized domestic markets, foreign direct investment (FDI) is small and is confined to development of tourism infrastructure. On the other hand, inward remittances received from the rising number of islanders migrating overseas for work are increasing, far exceeding aid and FDI. However, influence of remittances on economic growth depends on financial sector development (FSD) for mobilizing the savings from the remittance receipts for domestic investment. This paper assesses the role of FSD in the nexus between remittances and economic growth through a panel study of five major PICs, namely Fiji, Samoa, Solomon Islands, Tonga and Vanuatu.  The study findings show that the ongoing efforts for strengthening FSD have to be stepped up by focusing on financial inclusion through spread of branchless banking and promotion of  information and communication technology.


2006 ◽  
pp. 20-37 ◽  
Author(s):  
M. Ershov

The economic growth, which is underway in Russia, raises new questions to be addressed. How to improve the quality of growth, increasing the role of new competitive sectors and transforming them into the driving force of growth? How can progressive structural changes be implemented without hampering the rate of growth in general? What are the main external and internal risks, which may undermine positive trends of development? The author looks upon financial, monetary and foreign exchange aspects of the problem and comes up with some suggestions on how to make growth more competitive and sustainable.


Author(s):  
Victor Ongoma ◽  
Mohammad Atiqur Rahman ◽  
Brian Ayugi ◽  
Fhereen Nisha ◽  
Stephen Galvin ◽  
...  

Social Change ◽  
2019 ◽  
Vol 49 (1) ◽  
pp. 61-77
Author(s):  
Skylab Sahu

In the post-Independence era, development has been one of the key goals of the Indian state. Development is often seen as being synonymous with the process of modernisation and economic growth. Such a version of development has undoubtedly benefitted a few capitalists and layers of the middle class, yet it has remained in the realm of rhetoric for a large section of India’s tribal population. Development through mega projects displaces a large number of people. Displacement without adequate rehabilitation and compensation further aggravates the situation. In Odisha since 1993, few multinational and national companies have tried setting up mining projects in Kashipur. Many tribal villagers have protested strongly against these proposed projects from an egalitarian, environmental and social justice perspective. Significantly, women have remained in the forefront of these movements airing their concern. The article takes the case study of the Kashipur movement and critically analyses the role of women and their involvement in the struggle.


Sign in / Sign up

Export Citation Format

Share Document