Problem

Instability in the phosphate industry

Other Names:
Collapsing fertilizer markets
Incidence:

Phosphate prices collapsed in the late 1980's, leaving Nauru in a desperate economic position. Phosphate soil is Nauru's major export, and is in any event likely due to run out by the mid-1990s.

Related UN Sustainable Development Goals:
GOAL 9: Industry, Innovation and InfrastructureGOAL 12: Responsible Consumption and Production
Problem Type:
E: Emanations of other problems
Date of last update
15.09.2019 – 18:22 CEST