Efforts Toward Poverty Reduction in Nauru
Nauru, an island country in the southwestern Pacific Ocean, benefitted from the 1900s phosphate mining industry. At its peak, Nauru’s wealth was estimated to be at “$2.5 billion.” In 1980, a collapse in Australia’s market decreased demand for phosphate exports, pushing the phosphate-dependent nation into economic instability and widespread poverty. With a population of 11,875, around […]
