The sunken Japanese fleet in Chuuk has become a world famous diving attraction for scuba enthusiasts. The sunken ships, bombed during the US counteroffensive against Japan in 1944, constitute a museum and a valuable asset for the Federated States of Micronesia. This book is an introduction to this museum, as well as to the events that produced the museum and the efforts that have made to preserve it from the depredations of humans and nature.
Truk Underwater Archaeology
By Francis X. Hezel, S.J., and Clark Graham
San Francisco: U.S. National Park Service, 1997. 50 pp.1997 Economics History
Is That the Best You Can Do? A Tale of Two Micronesian Economies
Evolution of the economies of FSM and the Marshalls over forty years and our expectations for self-reliance.
Pacific Islands Policy, Vol.1, Honolulu: East-West Center, 2006.2006 Economics
An Overview of the FSM Economy
A forecast of FSM's economic future for the next twenty years and beyond.
Unpublished. 7 November 20022003 Economics
Examining the consequences of the Money Economy in the Pacific
If a growing economy will produce social changes, islanders should anticipate these consequences when making economic choices.
Unpublished. 16 June 20012001 Economics
Sustainable Human Development in the Federated States of Micronesia
Overview of political, social and economic conditions in FSM.
Micronesian Seminar, Pohnpei March 1997. 104 1997 Economics
Let's Have the Meal Today Rather Than the Fishing Industry Tomorrow
Local governments are perpetuating the old habits of spending for consumption money that could be used for economic development.
Marianas Variety, 6 November 1987. Also published as: "Back to TT ‘Pork Barrel’ Days." Marshall Islands Journal, 30 October 1987; Journal of Pacific Society, No. 39, July 1988: 10-12; Tok Blong SPPF, No. 26, January 1989: 8-10.1987 Economics
A Brief Economic History of Micronesia
History of the cash economy through the colonial period to the end of trusteeship with figures and tables of exports and imports.
Past Achievements and Future Possibilities, Majuro: Micronesian Seminar, 1984: 11-62.1984 Economics
Yesterday's Myths, Today's Realities
The old dreams of self-reliance are yielding to the demands for more jobs and consumer goods.
America, 24 May 1980, 434-7. Also published in: Honolulu Advertiser, n.d.1980 Economics
The New Formula for Self-Reliance
Islanders today have come to believe that self-reliance does not require any cutback in lifestyle or the flow of money into the islands.
Marianas Variety, 5 July 1979. Also published in: Glimpses, Vol. 19, No. 4, 1979: 12-14; Pacific Perspective, Vol. 8, No. 2, 1980: 33-36; “La nouvelle formule de l’autonomie.” Perspectives du Pacifique, Port Vila, 1983: 31. 1979 Economics
The immediate pay-off often blinds people to the long-term social, economic or political effects.
Micronesian Independent, 11 March 1977. Also published in: Carolines Observer, 25 March 1977; Review for Religious, Vol. 36, No. 5, September 1977: 695-700.1977 Economics
The Micronesian Dilemma: How to Support Expensive Habits and Still Run the Household
Is the new affluence of the islands putting the hope of independence beyond reach?
Journal de la Societe des Oceanistes, Paris, 1976: 110-121. Also published in: South Pacific Dossier, edited by G. Woods, Canberra: Australia Council for Overseas Aid, 1978. 1976 Economics
Micronesia’s real poverty consists in the affluence that could diminish its national pride.
Impact, Vol. 11, No. 1, 1974: 436-438.1974 Economics
Reflections on Micronesia's Economy
Data on employment, wages, education, and imports shows the islands moving away from self-reliance.
Micronitor, Majuro, 29 April 1973: 1-2. Also published as: “Unholy Mackerel and the Almighty Buck.” Friends of Micronesia Newsletter, Vol. 4, No. 1, 1974: 15-19. 1973 Economics
The Creation of a Colony: The Paradox of Economic Aid to Micronesia
Trends of a larger US subsidy during the 1960 might lead to permanent colonial status of Micronesia.
Unpublished. 1968.1968 Economics
Island development today could learn from the past: the importance of trading partnerships and self-enforced contracts.
The Role of Culture in Economic Development
The playing field is not level when it comes to economic development, for cultural values and attitudes give some societies a head start.
A Tuna Industry in Micronesia?
The case for launching a large fishing industry in the islands despite a long list of past failures.
The article challenges seven popular beliefs about the economy of FSM.
December 2005 (MC #59) Economics
The Clam Industry in the Marshalls
History of the clam industry and the problems encountered along the way.
Rough Seas Ahead: The FSM Economy During Compact II
A forecast of FSM’s economic future for the next twenty years and beyond.
Spoiled Tuna: A Fishing Industry Gone Bad
Review of the recent history of the fishing industry in FSM and impact of the losses on the country.
March 2002 (MC #40) Economics
Insuring Our Health: Financing Health Care in the FSM
How to fashion an insurance program that will relieve the government’s heavy burden of medical costs.
Feast and Famine: US Assistance and the Compact Funding Outlook
US funding assistance to FSM for the next two years and the Compact funding outlook.
Here's Where We're Headed. Which Way Should We Be Going?
A review of what the numbers say about the directions of the Micronesian governments.
June 2000 (MC #28) Economics Education Government
Sustainable Human Developement in Micronesia
A review of the economic situation and of development possibilities in the future.
March 1998 (MC #21) Economics
Revenue Sharing Between the States and National Government
Revenue sharing may be needed in view of the states' financial problems.
1997-03-19 Economics Government
The YTK Proposal and the Future of Fishing in Pohnpei
Japanese proposal to establish a large fishing industry on Pohnpei may threaten other fishing interests.
1997-02-13 Business Economics Government
Explores the current status of foreign investment and debt in FSM
1994-10-12 Economics Government
Is There a Place for Foreigners in Micronesia Today?
How can foreigners be integrated into Micronesian society better than they are at present?
1994-04-13 Economics Government
What Can We Do to Promote Private Business
Exploration of ways in which the private sector in the economy could be helped to expand.
What will the FSM Government do to promote economic development and self-reliance before the end of the Compact funding period?
1993-11-10 Economics Government
What's the Fishing Industry Doing for FSM?
Comparative look at benefits from fishing rights fees and the local fishing industry in FSM
1993-09-08 Economics Government
Reconciling the need for economic development with social change in Yap.
1990-10-06 Economics
They can be found in the most unlikely spots in the US, but these emigrants still keep their strong ties with home, sending millions of dollars each year to family and friends back home.
2009 (56:00 mins) Island Topics #66 Compact Economics Migration
An hour-long documentary offering a peek into the homes and hearts of emigrants to reveal the struggles they face and the strategies they use to cope in their new surroundings.
Pushing Out To Sea: Creating a New FSM Economy
For years the FSM economy has depended on US aid. This documentary examines what may be needed to get the island economy off the beach and out to sea during Compact II.
A brief documentary highlighting health care problems with the US's Pacific cousins. Describes the social setting and the battle they fight for better health care.
Land, which has always been traditionally prized in the islands, takes on new meanings today. This documentary explores the ways in which land might be used as a resource.
2000 (26:00 mins) Island Topics #22 Economics Land Issues
A brief overview of US relations with Micronesia over the years. Focused on the FSM, this documentary surveys problems of development in the islands.
1999 (20:00 mins) Island Topics #21 Compact Economics Government
A Micronesian leader once compared the FSM economy to a turtle on its back, its feet kicking but going nowhere. This video examines the condition of the economy and what will have to be done to right it.
1997 (25:00 mins) Island Topics #11 Economics Government
