Island states
Most Island states – from vast Greenland to the microstates scattered around the
world's oceans – have a combination of very small populations, unique cultures,
sensitive environments, and fragile economies that can be transformed and
distorted by a major oil or mineral find.
Many have also become tax havens. Despite the economic windfall, a finance
sector that crowds out a traditional island economy can create challenges.
Menas has developed a particular expertise on the impact of major development
projects on small and isolated communities. We have undertaken integrated
impact
assessments on several potential new oil provinces and have advised governments
on the future of small dependencies. We also have a wealth of experience about
the impact of the finance sector on the real economy.
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