Micronesia in review: Issues and events, 1 July 1999 to 30 June 2000: Federated States of Micronesia

[...]there is a need for the federation to concentrate more on the private sector to stimulate the domestic economy and further integrate the nation into the current global economic structure. [...]Micronesians must realize the importance of maintaining their unique cultural values and identity, as that in itself would place them on the international stage. Micronesian people need to strive -together to better the nation, both economically and culturally, before they can stand firmly in the international arena. [...]the doctrine of "think globally but act locally" was at the heart of the president's domestic meetings. The statehood movement by the Faichuuk region of Chuuk State is gaining momentum. Since the first administration of the nation, that region has appealed to the national leadership to consider statehood for Faichuuk.