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Friday May 1, 2020 20:15 PM (GMT + 7)
Thanks to bird droppings, the country quickly “rose” to become one of the world’s second richest countries. However, mistakes in using large amounts of money have cost the government and its people a great deal.
Nauru: the small country that once had the richest golden age in the world (photo: Amusing Planet)
Since independence in 1968, Nauru, a country on the continent, has grown very rapidly thanks to the phosphate trade. Exposed phosphate mines made up of bird droppings accumulated over thousands of years have helped Nauru earn huge amounts of money.
According to ABC News, Nauru’s economy grew in a “boom” style during the 1980s. At one point, it reached the second highest GDP per capita in the world, after the United Arab Emirates (UAE).
Nauru once built a “dream” state, where everyone receives free state-funded health care and education and no one has to pay any taxes.
Knowing how abundant the source of phosphate was, it would eventually run out, the Nauru government established an investment fund. However, due to her habit of enjoying the lifestyle and not understanding the market economy, the investments that Nauru only produced losses without obtaining gains. The country built an airport and bought planes to meet tourism needs, in addition to expensive luxury music theaters.
Phosphate mines have been jagged and cannot be cultivated in Nauru (photo: ABC News)
Nauru also becomes a haven for money laundering and tax evasion activities. Anyone in Nauru can open a bank with a capital of $ 25,000.
Initially, this action caused the money to “pour evenly” into Nauru. However, under pressure from the FATF (anti-money laundering organization), Nauru was forced to enact a law against tax evasion in 2004 and the money “flowed” quickly from this country.
Today, Nauru is one of the poorest countries in the world. With a regular unemployment rate of 90%, the country’s livelihoods are highly dependent on aid from Australia and other countries.
The depletion of phosphate resources has made 99% of Nauru’s land severely polluted and almost impossible to cultivate. The people of this country only depend on the fading fishing industry, most of the food comes from imports.
“The impact of phosphate mining is huge. Nauru phosphates are generally concentrated on top of coral reefs, they must be extracted from these peaks. Phosphate mining creates a very ugly and uneven landscape that cannot be used for other purposes, “said Professor John Connell, director of the Institute of Geoscience Sciences at the University of Sydney, Australia. BBC News interview.
“Much of Nauru’s money has been invested in projects that are never successful. For example, coastal buildings, hotels in Melbourne (Australia) or in other countries, “added Mr. Connell.
Exercise to reduce obesity in Nauru (photo: BBC)
The Mercure hotel in Sydney and the Nauru House in Melbourne, Australia were sold by the Nauru government in 2004 to pay off the debt. In 2005, Nauru’s last Boeing 737 aircraft was sold.
In 2001, Nauru signed an agreement with Australia to establish a detention center for illegal immigrants in exchange for monetary aid.
Nauru’s beaches are hardly tourists. Few people want to travel to a place where there are no minimum services such as hotels and restaurants. Nauru is only almost 21 square kilometers wide, without sightseeing, without exploring hills.
According to Amusing Planet, despite the economic downturn, Nauru is a country with many obese people. The lavish lifestyle of indulgence causes the people of Nauru to abandon traditional dishes like coconut water, fruits and vegetables. Only 5% of food imports in Nauru are vegetables. 12% of imported food is sugar, butter and milk. The cuisine in this country is also mainly sweet, fatty.
With easy incomes from the phosphate mines, people in Nauru stopped growing and importing expensive food from abroad. Nauru is one of the countries with the highest rates of diabetes and obesity in the world. 94% of the country’s population is overweight, 72% is obese, 40% has diabetes, and many others suffer from kidney and cardiovascular disease. Fortunately, Covid-19 has yet to arrive in this country.
Many people in Nauru have health problems because they are too fat (photo: BBC)
Nauru still has some small phosphate mines, but its operation cannot afford to buy food for a population of more than 12,000 people. Aid from Australia, Taiwan and New Zealand is the country’s main source of life.
Arable land, agricultural production activities no longer exist in Nauru. This prevents a large number of people from releasing calories and is also one of the causes of poor countries being obese.
Fishing is also fading, drinking, eating, and watching television are the most popular hobbies in Nauru today. Most of the people still working in the country are government officials.
The Nauru government has also gone to great lengths to encourage people to lead healthier lifestyles, such as launching a walk every Friday. The taxes that Nauru applies also aim to combat obesity rather than accumulate in the budget. Confectionery, soft drinks, sugar, milk, butter … imported into this country are subject to taxes of up to 30%.
Source: http: //danviet.vn/the-gioi/quoc-gia-tung-giau-co-bac-nhat-nho-phan-chim-gio-ngheo-kho-vi-tieu-ti …
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