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The value and viability of sovereignty-conferred rights in MIRAB economies: the case of Tuvalu

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Boland, Stephen
Dollery, Brian

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Crawford School of Public Policy, The Australian National University
Asia Pacific Press

Abstract

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

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http://hdl.handle.net/1885/157828

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Pacific Economic Bulletin (1991-2010)

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Pacific Economic Bulletin, Vol. 21 , No. 2, 2006

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Journal article

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