The Economics of Dependency in the Marshall Islands

Thomas, Pamela (1987-11-02). "The Economics of Dependency in the Marshall Islands". Pacific Economic Bulletin. 2 (2): 25–30. ISSN 0817-8038.

• Has attachment: File:ULI3HGBB.pdf

Abstract: While the RMI has limited human and physical resources under the terms of the Compact, both government and some individuals are recipients of very large sums of money. If these funds were invested or used to improve local productive capacity and reduce dependency on food and welfare the extent of economic and psychological dependency could be minimized. This will not be easy as to date economic assistance has led directly and indirectly to high levels of consumerism and demands for a Western lifestyle rather than to investment or to improving the productive capacity of the nation. Initially the Compact will provide even greater economic assistance than in the past and without firm government measures this is likely to exacerbate dependency rather than lead to self- reliance.

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MAG: 2942888966
OpenAlex: W2942888966
CorpusID: 211303523