If Greenland were for sale, what would it be worth? How to put a ‘price tag’ on a territory

By Susan Stone, Credit Union SA Chair of Economics, University of South Australia
Jonathan Boymal, Associate Professor of Economics, RMIT University

It’s unlikely you’ve missed the story. In recent weeks, US President-elect Donald Trump has again repeatedly voiced his desire for the United States to take “ownership and control” of Greenland – an autonomous territory of the Kingdom of Denmark.

Trump first floated the idea of the US buying Greenland back in 2019. At the time, he argued, quite correctly, that he was not…

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