The Faroe Islands (Denmark or…? ;-)

Being located in a remote part of the North Atlantic and having a population of 43 000 citizens are not the ideal conditions for a prosperous society, yet that is what the Faroe Islands are!!!! They have everything; two airlines with frequent departures to London, Aberdeen, Reykjavik, Billund, Copenhagen and Oslo; 48 (!) municipalities with an average of less than 500 citizens; three commercial banks, two radio stations, two breweries, one tv station and two mobile operator networks. How come? In my region we are 108 000 and we can’t manage to agree on anything whatsoever!!!