2. The Falklands Today
Unlike most overseas territories (bar Greenland and French Guiana), the Falklands is not exactly what is usually termed a 'mini-state', being as large as Ulster and enjoying an EEZ larger than that of the UK itself. Its land territory offers ample space for agriculture (including organic production) and urban development, as well as good potential for tourism. The Islands are endowed with enviably plentiful good harbours, their waters are rich in fish and squid, with estimated considerable oil deposits in the Falklands continental shelf too. The Islands further benefit from being one of the gateways to adjacent Antarctica. (By the way, Bulgaria’s presence on Livingston Islands makes it sort of a southern 'neighbour' of the Falklands too.)
A most precious asset of any country is its human resources of course, including its demographic potential (which in the Falklands case is comfortably increasing but still tiny) as well as its civil society basis and its political framework. One is greatly impressed by the practice of Falklands democracy, by the public awareness and participation, by the high standards and quality of statesmanship demonstrated by the Falklands Councillors in the first place. One major benefit from the link with Britain appears to be the present democratic system of Falklands government providing for a responsible democratic management of the country on a sustainable basis. The governance of the Falklands, starting with its legislature and ending with say the fisheries patrolling, is an increasingly sophisticated and complex business conducted by the Falkland Islanders and their elected politicians in a fairly mature and efficient manner. In the meantime, more positions are being taken by locals rather than by people contracted overseas. Therefore, perfecting the Falklands democracy appears to be a key instrument in ensuring the country’s further prosperity and wellbeing.
The present constitutional status of the Islands provides for a degree of self-government going well beyond that of devolved Scotland for example, with exclusive ownership of the Islands' natural resources (including any possible oil deposits and revenue), its own legislation, as well as immigration policies of its own. Nevertheless, the adoption of the Falklands Constitution in 1985 has been followed by considerable evolution in the practice of government. This evolution ought to be appropriately reflected in the current constitutional review, including the necessity of
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