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The value and viability of sovereignty-conferred rights in MIRAB economies: the case of Tuvalu
|Collections||Pacific Economic Bulletin (1991-2010)|
|Title:||The value and viability of sovereignty-conferred rights in MIRAB economies: the case of Tuvalu|
|Publisher:||Crawford School of Public Policy, The Australian National University|
Asia Pacific Press
The MIRAB model has been put forward as a way to explain the economies of small island nations with little formal sector economic activity, explaining the development of these economies based on a mix of migration, remittances, aid and bureaucracy. Reinforcing these characteristics has been the generation of rental incomes from sovereignty-conferred rights. Adding to the debate over the sustainability of MIRAB countries, this article seeks to determine the magnitude, variability and sustainability of revenues from sovereignty-conferred rights in Tuvalu
|212_value.pdf||83.04 kB||Adobe PDF|