• Home
  • About Us
    • Who We Are
    • Guiding Principles
  • Get Involved
  • News & Events
  • Share News

Chuuk Reform Coalition

Building a Stronger Chuuk State, United FSM

  • Chuuk Independence…Why?
  • Who Gains or Loses?
  • Compact Implications
  • Chuuk Secession is…
    • Suicidal!
    • Alarming & Unrealistic!
    • Discriminatory!
    • Unconstitutional!
  • Take Action!

Economic Development

November 30, 2014 by Dr. Vid Raatior

Share

As long as the Chuuk economy suffers from lack of leadership and sound development strategies, Chuukese citizens will continue to leave the State to find jobs elsewhere. While that in itself is not necessarily a bad thing since Chuukese overseas do support their relatives back in Chuuk through remittances, there is still a need to build the Chuuk local economy to support the average citizen. The government must act decisively to reform its economic plan to attract more foreign investment, strengthen the current private sectors with incentives in training and hiring more locals rather than recruit off-island workers. Small businesses which are the foundation of the Chuuk economy must be given tax breaks to encourage growth.

Dr. Vid Raatior

Dr. Vid Raatior

Dr. Vid Raatior is a proud Chuukese parent, educator, citizen blogger, and social entrepreneur living in the US.

More Posts - Website

Follow Me:Add me on XAdd me on FacebookAdd me on LinkedInAdd me on YouTubeAdd me on Flickr

Filed Under: Economy

Chuuk Tube

Mr. Epel Ilon & Vice President Redley Killion share why vote NO

Sign Up for the Chuuk Newsletter

Sign Our Petition

sign the petition on change.org

Click on link to speak your mind.

News Topics

Respect Policy

Respect & Fairo

We do NOT tolerate personal attacks, profanity, abusive language on this website. We reserve the right to delete comments that violate this policy. We believe that we can disagree with each other and our leaders, but we must continue to respect each otherʻs views and the public offices for which our leaders hold. Kilisou chapur - Vid

Education

  • Education
  • Education News

Health

  • Health Care
  • Health News

Development

  • Economy
  • Environment
  • Land Reform
  • Outer Islands

Governance

  • Accountability
  • Elections
  • Information

Social & Cultural

  • Women
  • Youth

Global Engagement

  • Citizens Abroad
  • Global News
A public education project by the Raatior Ventures.
Copyright 2014. All Rights Reserved. Chuuk Reform Movement. A Project by Raatior Design.