Greenland - Its Economy And Resources

Bibliographic Data

ID16864913
AuthorsLise Lyck (University of Copenhagen), Jørgen Taagholt (University of Copenhagen)
Year1987
Volume40
Issue1
Publication date1987-01-01
Open AccessYes
TypeARTICLE
VenueARCTIC (JOURNAL)
Journal identifiersISSN: 0004-0843 • E-ISSN: 1923-1245
PublisherThe Arctic Institute of North America (PUBLISHER)
DOI10.14430/arctic1746
OpenAlexW2142371190
LanguageEN
Citations received4
References cited1

This paper describes the development in Greenland toward greater autonomy, presenting economic statistics and what is known about the extent of its mineral deposits and energy resources. Until 1953 Greenland was a Danish colony. In 1953 it became a Danish country, and on 1 May 1979 it obtained home rule. In early 1985 Greenland left the European Economic Community (EEC). During this period Greenland obtained increasingly greater political autonomy. Up to World War II access to Greenland was greatly restricted by Denmark. Since World War II Greenland has developed a local national economy, characterized as small, mixed and vulnerable, with a big public sector and comprehensive foreign trade - an economy with strong growth, considerable inflation, the beginnings of unemployment problems and extreme dependence on capital inflow from Denmark and use of Danish skilled labour. As well, the population has been growing. In 1953 it was 25,000, of which 94% was born in Greenland. In 1985 it amounted to 52,000, 80% born in Greenland.Key words: Greenlandic economy, Greenlandic trade, Greenlandic education, Greenlandic labour force, Greenlandic resources, political development in Greenland, European Economic Community and Greenland

Arctic · Danish · Economic growth · Economics · Economy · Geography · Home rule · Political science · Politics · Population · Unemployment · Arctic and Russian Policy Studies · Demography · Oceanography

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