Maldives

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World Bank, Washington, DC

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Maldives is an island nation scattered in the Indian Ocean comprising 1,190 small coral islands of which 190 are inhabited by a local population of 341,000. Maldives’ unique archipelagic coral island provides the country with an extremely rich and diverse marine ecological system. With more territorial sea than land, marine resources have played a vital role shaping the contours of economic development, with nature-based tourism being the key driver of economic growth and fisheries an important sector of employment for the local population. Maldives developed a successful high-end tourism sector, whose sizeable rents have been redistributed to the population to address its development challenges. This systematic country diagnostic for Maldives aims at identifying the most critical constraints and opportunities facing the country as it works towards promoting sustainable growth, reducing poverty and boosting shared prosperity. In addition to serving as a public good for the government, civil society, research and academic community, and local and international development partners, the findings of the SCD will be used as key inputs in the preparation of the WBG strategy, the Country Partnership Framework, which will outline how the Bank Group’s engagement in Maldives can best contribute towards achieving the twin goals.

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WASTE, TARIFFS, ECONOMIC CIRCUMSTANCES, RISKS, CAPITAL MARKETS, CONSUMPTION EXPENDITURES, FISH, RECLAMATION, ECONOMIC INCENTIVES, CENTRAL PLANNING, GOVERNMENT EXPENDITURES, INTERGENERATIONAL EQUITY, ECONOMIC GROWTH, ENVIRONMENTAL PROTECTION, MARKET DISTORTIONS, WASTE MANAGEMENT, AGRICULTURAL PRODUCTION, EXPECTATIONS, ECONOMIC CONSEQUENCES, FISHERIES MANAGEMENT, MARGINAL COST, PRODUCERS, RESOURCE MANAGEMENT, PROPERTY RIGHTS, BALANCE OF PAYMENTS, ELASTICITY OF DEMAND, FINANCIAL RESOURCES, RESOURCE ALLOCATION, LABOR FORCE, POLITICAL ECONOMY, REVENUES, ENVIRONMENTAL ISSUES, SUSTAINABLE MANAGEMENT, INCENTIVES, HEALTH, MODELS, SUSTAINABLE DEVELOPMENT, AGRICULTURAL OUTPUT, BIOLOGICAL DIVERSITY, LIFE EXPECTANCY, KNOWLEDGE, ECONOMIC ACTIVITY, INELASTIC DEMAND, PRESENT VALUE, EXERCISES, EXPLOITATION, ARABLE LAND, CROWDING OUT, POPULATION GROWTH, FIXED COSTS, OPTIONS, MIGRATION, QUOTAS, VIOLENCE, BARRIERS TO ENTRY, DEBT, MARKETING, POLLUTION, DISASTERS, BENEFIT ANALYSIS, DIVIDENDS, POLICY DECISIONS, NATURAL RESOURCES, MORTALITY, SUBSIDIES, EFFICIENCY, FISHING, TAXES, LAND USE, CAPITAL CONSTRAINTS, RESOURCES, UNEMPLOYMENT, DEMOGRAPHIC TRANSITION, EQUITY, CONSUMPTION, ECONOMIC IMPACT, WORKERS, WAGES, CLIMATE CHANGE, SOCIAL SERVICES, ENVIRONMENTAL MANAGEMENT, VALUES, MARKET PRICES, PRICE DIFFERENCES, CREDIT, PURCHASING POWER, DEMAND, SUSTAINABLE USE, SUSTAINABLE GROWTH, ELECTRICITY GENERATION, ENVIRONMENTS, EXPENDITURES, COST BENEFIT ANALYSIS, PROPERTY, DECISION MAKING, MEASUREMENT, NUTRITION, TRANSACTION COSTS, ENVIRONMENT, ECONOMICS, TERMS OF TRADE, WASTE DISPOSAL, TAX REVENUE, CAPITAL GOODS, FISHERIES, WEIGHT, ECONOMIC DEVELOPMENT, TRADE, LAND, ECONOMIES OF SCALE, COMPARATIVE ANALYSIS, DRINKING WATER, CONSUMPTION PATTERNS, COMMERCIAL BANKS, COMPARATIVE ADVANTAGE, PUBLIC PARTICIPATION, NET WORTH, FISHING GROUNDS, REVENUE, EMPIRICAL EVIDENCE, POLLUTION CONTROL, PRIVATE CONSUMPTION, RISK MANAGEMENT, STRATEGY, FAMILIES, PROFITS, ENVIRONMENTAL, COST SAVINGS, PUBLIC GOOD, HEALTH SERVICES, IMPLEMENTATION, INTERNATIONAL COMPARISONS, PRICES, FISHERS, ECONOMIC CONDITIONS, ECONOMIES, COMPETITION

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