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Nuuk skyline at night

The economy of Greenland consists of a large public sector and comprehensive foreign trade. This has resulted in an economy with periods of strong growth, considerable inflation, unemployment problems and extreme dependence on capital inflow from the Kingdom Government. Greenland's economy is hampered by lack of infrastructure with less than 100 miles of paved roads and no railways. However, as of 2012, partly due to the retreating ice sheet due to climate change, it was starting to emerge as a territory rich with untapped mining resources. (Full article...)

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