Kiribati’s Path to Economic Diversification: New Sectors and Innovations
The Pacific island nation of Kiribati, comprised of 32 atolls and one raised coral island scattered over vast oceanic distances, faces unique economic challenges. Traditionally, Kiribati’s economy has depended heavily on fisheries, copra (dried coconut kernels), and remittances from abroad. However, the vulnerabilities associated with climate change, limited natural resources, and geographical isolation have prompted … Read more