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Introduction: In 1974, ethnic differences within the British colony of the Gilbert and Ellice Islands caused the Polynesians of the Ellice Islands to vote for separation from the Micronesians of the Gilbert Islands. The following year, the Ellice Islands became the separate British colony of Tuvalu. Independence was granted in 1978. In 2000, Tuvalu negotiated a contract leasing its Internet domain name ".tv" for $50 million in royalties over a 12-year...

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Economic Overview: The economy of Tuvalu is vulnerable to external influences, including the weather. Most of Tuvalu's population is involved in subsistence fishing and agriculture. Remittances from seamen working on overseas vessels are a significant source of income for many families. The money economy is dominated by government activity. Fishing licences and marketing of its internet domain name '.tv' contribute to government revenue.

The Tuvalu Trust Fund

In 1987, the Tuvalu Government established a publicly owned investment fund to provide a safety net against fluctuations in government income. The earnings of the ...

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People: 96% of Tuvaluans are ethnic Polynesians, closely related to the people of Samoa and Tonga. The vast majority belong to the Church of Tuvalu, a Protestant denomination. Conversion began in the 1860s with the arrival of a Congregationalist missionary from the Cook ...

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History: Longer historical perspective

The Ellice Islands were proclaimed a British Protectorate along with the Gilbert Islands in 1892, and renamed the Gilbert and Ellice Island Colony in 1916. They separated from the Gilbert Islands in 1975 and became and independent Realm within the Commonwealth on 1 Oct 1978. Gilbert Islands went on to become the Republic of Kiribati in 1979, taking in the Gilbert, Phoenix and Line ...

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