'Univesiti Fakafonua 'a Tonga -
Tonga National University
Ko e Mo’oni, Ko e Totonu mo e Tau’ataina - Truth, Justice, Freedom



From brain drain to brain gain : unlocking diaspora finance in small states /

Mughogho, Tamara,

From brain drain to brain gain : unlocking diaspora finance in small states / Tamara Mughogho, Thomas Munthali and Ruth Kattumuri, - 1 online resource (14 pages) : illustrations - Small States Matters no.1 2664-097X . - Small States Matters no.1 .

Includes bibliographical references (pages 12-14).

1. Introduction: the need to scale up development finance -- 2. Diaspora financing: key source of development finance -- 3.Beyond remittances: diaspora investment and financing tools -- 4. Conclusions and policy recommendations: Small States, Big Opportunities?

"Inadequate access to concessional financing continues to pose a bottleneck to small states, affecting their developmental aspirations. While some small states have graduated from eligibility to access development finance, their unique characteristics including their small size, geographical positioning and location pose serious challenges requiring financial support. The financing challenges faced by small states are exacerbated by their inherent vulnerabilities to external shocks, which place a burden on their economies due to their already limited fiscal space. This leads further to accumulation of debt, leaving some countries at risk of debt distress"--Introduction.

10.14217/comsec.1141 doi


States, Small--Economic conditions.
Finance--Developing countries.
Finance--Commonwealth countries.
Sustainable development--Developing countries.
Sustainable development--Commonwealth countries.

HF1413 / .F766 2025

382.09172/4
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