Unstable Government Hurts Economy
Wednesday: November 5, 2003
The Pacific Economic Bulletin says political instability in the micro-state of
Tuvalu has hurt economic governance and damage the public service. The
Canberra-based Bulletin has published a survey of the coral-island economy,
describing Tuvalu as the world's smallest developing country - nine-and-a-half
thousand people with a total land area of 26 square kilometres. The survey
praises Tuvalu's remarkably good socioeconomic indicators and strong democratic
tradition, but says over the past decade the tiny state has suffered prolonged
political instability with frequent changes of government.
This has harmed economic governance because decisions were based on short term
political expedience. The Pacific Economic Bulletin also describes what it calls
a general malaise in Tuvalu's public service because of debilitating politics."
– ABC/PINA Nius