Fiji's relative global economic development

College
Essay
Miscellaneous
Pages 3 (753 words)
Download 0
Fiji is a group of islands with a total land mass of 18,270 sq km in the south Pacific Ocean spanning over 700,000 sq km, about two third of the distance from Hawaii to New Zealand. It is a relatively young country, having gained independence from being a British colony in 1970…

Introduction


Till the 1980s, the descendants of Indian laborers that the British had brought on the islands dominated the country. Since 1987, the islands have faced a number of military coups that have disrupted attempts to form a democracy. The 1990 constitution of Fiji strengthened the powers of the native Melanesian community over the political scenario although an amendment in 1997 gave equal powers to the Indians and the natives. However, political turmoil has continued in the islands resulting in disturbances in the economic activities of the population and trade relations with the rest of the world (CIA).
Fiji had an estimated population of 918,675 in 2007, of which 30.9 percent is below 15 years of age, 64.7 percent between 15 and 64 years and 4.4 percent above 64 years (CIA). 54.8 percent of the population are native Fijians, mostly Melanesian and Polynesian mix, 37.4 percent Indians and the remaining 7.9 percent others comprising of Europeans, other Pacific islanders and Chinese. About 92 percent of the Fijian population is literate (Bank of Hawaii, 1998).
Fiji is richly endowed with natural resources, with forest, fish and mineral assets and is among the most developed among the Pacific Ocean islands. Yet, the economy of Fiji is still dependent on revenues from sugar export, tourism and remittances from Fijians abroad. ...
Download paper
Not exactly what you need?

Related papers

The Vietnam Economic Development
In this paper, I am to delineate this similarities and how it can be used to forecast the economic growth of Vietnam. To do this, I examine not only the economic but also the social and political similarity between the two countries. I then proceed in discussing the implications of this similarity in the future developments in Vietnam's economy.…
Brazil and Mexico: Relative Levels of Development
For decades after the 2nd World War, after the United Nations Organization was set up, country-wise development was measured in terms of the Gross Domestic Product (GDP). Critics to this measure held that judging a country's development levels solely through factors that measure economic performance was insufficient as it failed to consider several other performance items, especially intangible…
Economic Development of Brazil
The transfer of technology is essential for faster growth and it will also enable them to compete at an international level which will also stimulate growth.…
Global Economic Crisis
In the fiscal dominion, the reserves would diminish taxes and enhance communal expenditure at the possibility of finances deficits, not merely to enlarge the disposable revenues of the community subsequently that they will expend extra, but moreover to force-prime the economy from side to side increased government expenses that would engage inthe private segment drooping.…
financial development & economic growth
We will authenticate our research on the basis of existing literature and also probe into various indicators in order to signify the arguments presented for these two countries.…
Fiji's relative global economic development
Till the 1980s, the descendants of Indian laborers that the British had brought on the islands dominated the country. Since 1987, the islands have faced a number of military coups that have disrupted attempts to form a democracy. The 1990 constitution of Fiji strengthened the powers of the native Melanesian community over the political scenario although an amendment in 1997 gave equal powers to…
Asian Economic Development
To understand these would bring clarity to the phenomenal success of this unique and dazzling city-state.…