Study of the consequences of development on the Pacific island of Nauru. 'The development path followed by Nauru - the common one of export-led development based on depleting local natural capital - is the same strategy that the IMF and the World Bank advocate for all countries. Is it too much to hope that these pushers of globalization might learn something from Nauru's disastrous test of their ideology? McDaniel and Gowdy tell a fascinating and instructive story. I hope we can learn from it.' Herman E Daly