Skip to main content
Article
Role of remittances in small Pacific Island economies: an empirical study of Fiji
International Journal of Economics and Business Research (2011)
  • T.K. Jayaraman
  • Chee-Keong Choong
  • Ronald R Kumar
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.
Keywords
  • inward remittances; economic growth; augmented Solow model,
  • Pacific Island economies,
  • Fiji,
  • foreign exchange earnings
Publication Date
2011
Citation Information
T.K. Jayaraman, Chee-Keong Choong and Ronald R Kumar. "Role of remittances in small Pacific Island economies: an empirical study of Fiji" International Journal of Economics and Business Research Vol. 3 Iss. 5 (2011)
Available at: http://works.bepress.com/ronald_ravinesh_kumar/7/