Unlocking the Wealth of Indian Nations

Download or read book Unlocking the Wealth of Indian Nations written by Terry L. Anderson and published by Lexington Books. This book was released on 2016-06-10 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most American Indian reservations are islands of poverty in a sea of wealth, but they do not have to remain that way. To extract themselves from poverty, Native Americans will have to build on their rich cultural history including familiarity with markets and integrate themselves into modern economies by creating institutions that reward productivity and entrepreneurship and that establish tribal governments that are capable of providing a stable rule of law. The chapters in this volume document the involvement of indigenous people in market economies long before European contact, provide evidence on how the wealth of Indian Nations has been held hostage to bureaucratic red tape, and explains how their wealth can be unlocked through self-determination and sovereignty.