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Andrew Follett highlights that the Marshall Islands spend $10,500 per Marshallese resident on lobbying efforts in Washington, which exceeds the nation’s $8,500 GDP per capita.
He notes this high lobbying expenditure is possible because foreign aid makes up 53% of the Marshall Islands’ GDP.
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Follett has previously examined economic instability in other nations. He reported on mounting inflation in Iran as oil exports stalled. In another article, Follett noted that market confidence is based on the Federal Reserve’s actions and votes.