Asian Development Bank and Tuvalu: Fact Sheet
Asian Development Bank | July 2006
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Tuvalu as well as concise information on ADB's operations in the country and contact information. Tuvalu is a small island country in the Pacific lacking adequate resources for sustainable growth to alleviate poverty. Its economic base is extremely narrow and incorporates little in terms of value-added exports. Consequently, fiscal revenues are too low to provide proper social and public infrastructure. Limited economic activity due to Tuvalu’s small population of about 11,000 people and a lack of economies of scale because of the island’s geographical remoteness and high costs of doing business also hamper development. Government revenue is highly dependent upon the income from trust funds, remittances, the “dot tv” Internet domain name, and fishing licenses, which are all often volatile in nature.
CitationAsian Development Bank. 2006. Asian Development Bank and Tuvalu: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5933.
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