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Remittances in the Pacific Region

Author/Editor: Browne, Christopher | Mineshima, Aiko
Authorized for Distribution: February 1, 2007
Electronic Access: Free Full Text (PDF file size is 315KB)
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: Remittances are large and have grown substantially over the past decade in the Pacific region. This primarily reflects the impact of emigration due to low growth and limited employment prospects at home. Many Pacific emigrants settle abroad with their families for long periods, but maintain close links with their relatives, villages and churches. The paper finds that the altruistic motive for remittances remains much stronger in the Pacific region than in the rest of Asia, where investment considerations increasingly appear to predominate, especially for the large share of single citizens working abroad for limited periods.
 
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Series: Working Paper No. 07/35
Subject(s): Workers remittances | Pacific Island countries
Author's keyword(s): Remittances | Pacific island countries
 
English  
    Published:   February 1, 2007        
    ISBN/ISSN:   1934-7073   Format:   Paper
    Stock No:   WPIEA2007035   Pages:   14
    Price:   US$18.00 (Academic Rate: US$18.00 )
       
     
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