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The Samoan economy is dependent on agricultural exports, tourism, and capital flows from abroad. The effects of three natural disasters in the early 1990s were overcome by the middle of the decade, but economic growth cooled again with the regional economic downturn. Long-run development depends upon upgrading the tourist infrastructure, attracting...
Economy - overview: The economy is limited to traditional subsistence agriculture, with about 80% labor force earnings from agriculture (coconuts and vegetables), livestock (mostly pigs), and fishing. About 4% of the population is employed in government. Revenues come from French Government subsidies, licensing of fishing rights to Japan and South Korea,...
Vanuatu's economy is primarily agricultural; 80% of the population is engaged in agricultural activities that range from subsistence farming to smallholder farming of coconuts and other cash crops. Copra is by far the most important cash crop (making up more than 35% of the country's exports), followed by timber, beef, and cocoa. Kava root extract exports...
Country name: conventional long form: none conventional short form: Tokelau Dependency status: self-administering territory of New Zealand; note - Tokelauans are drafting a constitution and developing institutions and patterns of self-government as Tokelau moves toward free association with New Zealand Government type: NA Capital: none; each atoll has...
Country name: conventional long form: none conventional short form: Tokelau Dependency status: self-administering territory of New Zealand; note - Tokelauans are drafting a constitution and developing institutions and patterns of self-government as Tokelau moves toward free association with New Zealand Government type: NA Capital: none; each atoll has...
Economy - overview: Tokelau's small size (three villages), isolation, and lack of resources greatly restrain economic development and confine agriculture to the subsistence level. The people rely heavily on aid from New Zealand - about $4 million annually - to maintain public services, with annual aid being substantially greater than GDP. The principal...
Economy - overview: Since 1962, when France stationed military personnel in the region, French Polynesia has changed from a subsistence agricultural economy to one in which a high proportion of the work force is either employed by the military or supports the tourist industry. With the halt of French nuclear testing in 1996, the military contribution...
Its per capita GDP of $340 ranks Solomon Islands as a lesser developed nation, and more than 75% of its labor force is engaged in subsistence farming and fishing. Until 1998, when world prices for tropical timber fell steeply, timber was Solomon Islands main export product, and, in recent years, Solomon Islands forests were dangerously overexploited....
The Samoan economy is dependent on agricultural exports, tourism, and capital flows from abroad. The effects of three natural disasters in the early 1990s were overcome by the middle of the decade, but economic growth cooled again with the regional economic downturn. Long-run development depends upon upgrading the tourist infrastructure, attracting...
Economy - overview: This is a traditional Polynesian economy in which more than 90% of the land is communally owned. Economic activity is strongly linked to the US, with which American Samoa conducts the great bulk of its foreign trade. Tuna fishing and tuna processing plants are the backbone of the private sector, with canned tuna the primary export....
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