IMPACT OF REMITTANCES ON PRIVATE SECTOR CREDIT IN THE PACIFIC ISLAND COUNTRIES
We examine the effect of remittances on private sector credit in the Pacific Island countries (PICs) using the data from 58 developing countries from 2004 to 2016. The analysis provides strong evidence that the effect of remittance inflows on private sector credit for PICs is positive and higher tha...
Main Authors: | , , |
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Format: | Article |
Language: | Indonesian |
Published: |
Bank Indonesia
2020-01-01
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Series: | Bulletin Ekonomi Moneter dan Perbankan |
Subjects: | |
Online Access: | https://www.bmeb-bi.org/index.php/BEMP/article/view/1215 |