Archive for the ‘Oceania Economies’ Category

Economy of Australia

Australia has a prosperous Western-style economy, with per capita GDP slightly lower than that ofFrance, United Kingdom and Germany in nominal terms for 2006, but thanks to a cost of living lower, than in terms of purchasing power parity .  The Australian economy is dominated by its services sector (68% of GDP), but are the [...]

Economy of New Zealand

 The economy ofNew Zealandis a liberal market economy, with emphasis on tourism and agriculture , while the traditional industry is barely pronounced. The official currency of the country is New Zealand Dollars (also called “Kiwi dollar”, NZD, NZ $), divided (ct) in 100 cents.  This replaced in 1967, the British pound sterling .  On that [...]

Economy of Papua New Guinea

ThePapua New Guineais richly endowed with natural resources, but exploitation is hampered by the rugged terrain and the high cost of infrastructure development.  Agriculture provides a subsistence living for 85% of the population. Oredeposits, including oil, copper, and gold, contributing to 72% of export earnings.  The economy has been declining since 2000 but has probably improved [...]

Economy of French Polynesia

The economy of French Polynesia, its characteristics, this class community overseas French among the developed countries .  The tourism and culture of pearl are the main economic activities in these islands. When the Pacific Experimentation Center (PEC) has ceased its activities,Francesigned the “Pact of Progress” with the territorial government to compensate the loss of financial [...]

Economy of New Caledonia

The gross domestic product of the territory is estimated for the year 2009 , to 752.116 billion of CFP is 6.303 billion of euros approximately.  The New Caledonia knows, after several years of slower growth between 1998 and 2002 largely because of poor figures of nickel associated with the Asian crisis and even a mild [...]

Economy of Fiji

Fiji, endowed recorses forestry, minerals and of fishing, is one of the economies of the Pacific desvolopada pus, and never possedisca a vast subsistence sector.  The exports of sugar, the remesas sieus of the citizens residing estrangièr a creissenta industry and tourism – that receiving 400 to 500 thousand visitors per game – are the [...]

Economy of Guam

 Guam’s economy depends mainly on tourism, the U.S. bases and other federal grants.  Although Guam receives no foreign aid, receiving large transfers of money from the Treasury of the United States, Guam pays no tax in this regard because it is under the protection of a special act of Congress of the United States, Guam [...]

Economy of the Solomon Islands

A GDP per capita of $ 340 listing the Solomon Islands as a least developed nation.  Over 75% of its workforce is engaged in subsistence agriculture and fishing.  Until 1998, when world prices for tropical timber fell steeply, timber was the largest export product, and in recent years, Solomon Islands forests were dangerously overexploited.  Other [...]

Economy of Vanuatu

The economy is based mainly on agriculture for subsistence or small-scale, which provides 65% of the population.  The fishing, foreign banking financial services, registration of merchant ships, the sale of international fishing licenses (Vanuatu is a member of several regional fisheries committees ) and tourism (with 50,000 visitors in 1997), off banking licenses -shore and [...]

Economy of the Northern Mariana Islands

The economy of the Northern Mariana Islands depends mainly on tourism, particularly from Japan, and the growing sector of ‘ clothing.  The Commonwealth also receives substantial subsidies and development assistance by the federal government of the United States.  The Northern Mariana Islands have successfully leveraged their position as free trade area with theU.S., staying at [...]