An economic survey of Tuvalu

Abstract

Tuvalu faces a wide array of economic development constraints, and has limited opportunities for creating new wealth-generating activities. However, Tuvalu has remarkably good socioeconomic indicators by Pacific developing economy standards: poverty is largely non-existent, life expectancy (at 70 years) is high, adult literacy is near universal, and school enrolments are among the highest in the region. Tuvalu has also had a strong democratic tradition. This apparent paradox of achieving enviable socioeconomic living standards in the face of evident economic development constraints is explored in this survey. Show more