Read about the island of Nauru in the South Pacific and its economic history: http://en.wikipedia.org/wiki/Nauru Has the

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Read about the island of Nauru in the South Pacific and its economic history: http://en.wikipedia.org/wiki/Nauru Has the economic development activity on this island followed sensible values and principles? If not, how? If so, how? What are the lessons we can learn from this island