Economy of Tuvalu Economy of Tuvalu Tuvalu is a Polynesian island nation located in the Pacific Ocean, midway between Hawaii and Australia. The economy of Tuvalu is constrained by its remoteness and lack of economies of scale. Government revenues largely come from fishing licences (primarily paid under the South Pacific Tuna Treaty); direct grants from international donors (government donors as well as from the Asian Development Bank); and income from the Tuvalu Trust Fund (established in 1987 by the United Kingdom, Australia, New Zealand). The lease of its highly fortuitous .tv Top Level Domain (TLD) also contributes revenue; however, revenue from the sales
Geology of the Pacific Ocean existed. In a remote region of the central Pacific Ocean, at the southeastern section of the Gilbert Islands, a major swarm of intraplate earthquakes occurred between December 1981 and March 1983, with no prior seismicity having been reported in this region previously. Another swarm was detected on the Queen Charlotte Islands fracture zone in August–September 1967. The Pacific Ocean contains several long seamount chains, formed by hotspot volcanism. These include the Hawaiian–Emperor seamount chain, the Tasmantid Seamount Chain, the Lord Howe Seamount Chain and the Louisville Ridge. Geology of the Pacific Ocean The Pacific Ocean evolved in the Mesozoic from