When the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands (RMI) were part of the United States-administered Trust Territory of the Pacific Islands, it was simply assumed by many that the US would lead the islands to greater economic prosperity as it paved the way for political independence...
...by the time the United States got around to formulating a single consistent position calling for modest government spending in line with the avowed goal of self-reliance, the very Micronesians who once spoke eloquently of keeping cost under control had become the main proponents of large government and high budgets...
More info on spending and development in the Central Pacific:Pursuing Economic Reform in the Pacific, Asian Development Bank
U.S. Administration And Prospects For Economic Self-Sufficiency: A Comparison Of Guam And Select Areas Of Micronesia, Pacific Studies
GDP of the FSM , Asian Development Bank
The Habele Outer Island Education fund is 501(c)3 nonprofit organization dedicated to the advancement of educational opportunities and accomplishment in Micronesia’s remote Outer Islands. Learn more about how you can help at www.habele.org
