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Informal Funds Transfer Systems
			: An Analysis of the Informal Hawala System

Informal Funds Transfer Systems : An Analysis of the Informal Hawala System »

Series: Occasional Papers

Author(s): Mohammed El Qorchi , Samuel Maimbo , and John Wilson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 2003

DOI: http://dx.doi.org/10.5089/9781589062269.084

ISBN: 9781589062269

Keywords: Financial systems, banking, remittance, remittances, foreign exchange, banking sector

Since the terrorist attacks of September 11, 2001, there has been increased public interest in informal funds transfer (IFT) systems. This paper examines the informal hawala system, an IFT system found predominantl...

Pacific Island Economies

Pacific Island Economies »

Series: Books

Author(s): Christopher Browne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2006

DOI: http://dx.doi.org/10.5089/9781589065161.071

ISBN: 9781589065161

Keywords: remittances, exchange rate, balance of payments, public debt, expenditure

The Pacific island region has considerable potential for development, especially in the areas of tourism, fisheries, forestry, mining, and agriculture. However, these countries face many challenges to developing th...

Samoa: Selected Issues and Statistical Appendix

Samoa: Selected Issues and Statistical Appendix »

Source: Samoa : Selected Issues and Statistical Appendix

Volume/Issue: 2005/221

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2005

ISBN: 9781451840728

Keywords: remittances, exchange rate, remittance, remittance flows, foreign currency

This Selected Issues paper on Samoa reports that remittances are the main source of foreign exchange to the Samoan economy. In addition to remittances, travel credits also play an important role in the economy. Off...

Samoa: Selected Issues and Statistical Appendix

Samoa: Selected Issues and Statistical Appendix »

Source: Samoa : Selected Issues and Statistical Appendix

Volume/Issue: 2005/221

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2005

ISBN: 9781451840728

Keywords: remittances, exchange rate, remittance, remittance flows, foreign currency

This Selected Issues paper on Samoa reports that remittances are the main source of foreign exchange to the Samoan economy. In addition to remittances, travel credits also play an important role in the economy. Off...

A Gravity Model of Workers' Remittances

A Gravity Model of Workers' Remittances »

Source: A Gravity Model of Workers' Remittances

Volume/Issue: 2006/290

Series: IMF Working Papers

Author(s): Erik Lueth , and Marta Ruiz-Arranz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865509

Keywords: Bilateral remittance flows, gravity model, remittances, remittance, remittance flows, exchange rate, bilateral remittance, Macroeconomic Analyses of Economic Development,

This paper creates the first dataset of bilateral remittance flows for a limited set of developing countries and estimates a gravity model for workers' remittances. We find that most of the variation in bilateral r...

Tonga: 2015 Article IV Consultation-Staff Report; and Press Release

Tonga: 2015 Article IV Consultation-Staff Report; and Press Release »

Source: Tonga : 2015 Article IV Consultation-Staff Report; and Press Release

Volume/Issue: 2015/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2015

ISBN: 9781475518375

Keywords: inflation, remittances, monetary fund, expenditure, revenue

This 2015 Article IV Consultation highlights that Tonga's economy is estimated to have grown by about 2 percent in FY2013/14 (year ending June) driven by agriculture and construction, following a contraction in 201...

Tonga: Staff Report for the 2015 Article IV Consultation—Informational Annex

Tonga: Staff Report for the 2015 Article IV Consultation—Informational Annex »

Source: Tonga : 2015 Article IV Consultation-Staff Report; and Press Release

Volume/Issue: 2015/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2015

ISBN: 9781475518375

Keywords: inflation, remittances, monetary fund, expenditure, revenue

This 2015 Article IV Consultation highlights that Tonga's economy is estimated to have grown by about 2 percent in FY2013/14 (year ending June) driven by agriculture and construction, following a contraction in 201...

Tonga: Staff Report of the 2015 Article IV Consultation–Debt Sustainability Analysis Update

Tonga: Staff Report of the 2015 Article IV Consultation–Debt Sustainability Analysis Update »

Source: Tonga : 2015 Article IV Consultation-Staff Report; and Press Release

Volume/Issue: 2015/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2015

ISBN: 9781475518375

Keywords: inflation, remittances, monetary fund, expenditure, revenue

This 2015 Article IV Consultation highlights that Tonga's economy is estimated to have grown by about 2 percent in FY2013/14 (year ending June) driven by agriculture and construction, following a contraction in 201...

IMF Executive Board Concludes 2015 Article IV Consultation with Tonga

IMF Executive Board Concludes 2015 Article IV Consultation with Tonga »

Source: Tonga : 2015 Article IV Consultation-Staff Report; and Press Release

Volume/Issue: 2015/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2015

ISBN: 9781475518375

Keywords: inflation, remittances, monetary fund, expenditure, revenue

This 2015 Article IV Consultation highlights that Tonga's economy is estimated to have grown by about 2 percent in FY2013/14 (year ending June) driven by agriculture and construction, following a contraction in 201...

Tonga: Staff Report for the 2016 Article IV Consultation

Tonga: Staff Report for the 2016 Article IV Consultation »

Source: Tonga : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tonga

Volume/Issue: 2016/178

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 June 2016

ISBN: 9781498311816

Keywords: remittances, inflation, monetary fund, natural disasters, debt

This paper discusses recent economic developments, economic outlook, risks, and challenges in Tonga. The Tongan economy has been rebounding since a contraction in FY2013. Growth accelerated from 2.1 percent in FY20...