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correlated with infant mortality and crude death rates, they are statistically insignificant. However, the empirical results do … mortality among children and crude death rates and lower life expectancies. It is also confirmed that the level of immunisation … matters and is strongly associated with under five mortality rates. Some policy implications are drawn. …
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The choice of Microfinance (MF) by the Millennium Development Goals (MDG) as the primary means of poverty alleviation should have brought clarity to the role and functioning of MF, but instead it seems to have generated a fog. It is desirable to take a fresh look and start from first principles...
Persistent link: https://www.econbiz.de/10009562287
In the context of the ongoing current global economic downturn, mobilization of foreign exchange earnings has assumed considerable importance. By adopting an augmented Solow model approach, this paper examines the long-run growth effects of Fijis inward remittances during a threedecade period...
Persistent link: https://www.econbiz.de/10008937120
This paper examines the roles of foreign direct investment (FDI) and financial development (FD) in Pacific island countries (PICs), with a case study on Vanuatu. It has been documented in various empirical studies on other regions that well developed financial systems enable countries to take...
Persistent link: https://www.econbiz.de/10008937126
Inward remittances have been a great support to Tongan economy. Aside from being a major source of foreign exchange earnings, they supplement domestic savings and real resources. This paper examines how remittance inflows in combination with increased financial development during a 28 year...
Persistent link: https://www.econbiz.de/10008937128
The financial and banking crises in USA in late 2007 led to a decline in economic activities in the industrialized countries, triggering a world-wide recession since then. The ongoing global economic downturn has brought into sharp focus the subject of macroeconomic interdependence of Pacific...
Persistent link: https://www.econbiz.de/10008937226
Remittances 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...
Persistent link: https://www.econbiz.de/10008937230
The financial crisis in USA in late 2007 led to fall in economic activities in the industrialized countries. A global recession was triggered, with resulting decline in imports from Pacific island countries (PICs) and falling tourism earnings. Monetary policy options, which are available to six...
Persistent link: https://www.econbiz.de/10008937233