Small State, Global Stakes: The Nauru Narrative скачать в хорошем качестве

Small State, Global Stakes: The Nauru Narrative

Nauru is often cited as a cautionary tale of the resource curse. It is a nation that reached the pinnacle of global wealth in the 1970s only to face a staggering economic crash. But for Flywheel Economics, the true story of Nauru isn't the collapse; it’s the recovery. In this episode, we sit down with Andrew Keith to deconstruct Nauru’s "roller coaster" economy. We trace a path that began with near-oblivion during the Japanese invasion of WWII, peaked with untold riches, plummeted into desperate poverty, and is now remarkably pivoting back toward high-income status in 2026. This is a masterclass in economic adaptability. Whether you are interested in Public Financial Management, emerging markets, or the sheer grit of island nations, this conversation reveals what it takes to build a flywheel of prosperity when the traditional rules of growth are rewritten by necessity. Special thanks to our guest, Andrew Keith (Economist and PFM Expert) for his invaluable insights. Subscribe to the Flywheel Economics Podcast for more deep dives into remarkable real-world stories just like this. Share your thoughts with us on social media @flywheeleconomics and explore other topics on our website @flywheeleconomics.com. #economicpodcast #podcast #flywheeleconomics #nauru #smallisland #smallstate #island #economics