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economy and Cayman
Because of this large financial presence on the island, Grand Cayman is known as the money laundering capital of the world, banking, investments, and insurance drive the economy in Grand Cayman.
All Cayman Airways jet flights permit economy class passengers to check up to two pieces of baggage ( up to 55 pounds ) without charge, and all flights feature complimentary Tortuga rum punch — a signature cocktail of the Cayman Islands.
Many smaller locations ( such as Bermuda, Luxembourg, and the Cayman Islands ) lack sufficient size for a domestic economy, thus requiring them to look abroad for markets.

economy and Islands
The economy of the British Virgin Islands is one of the most prosperous in the Caribbean.
The economy of the Cook Islands, as in many other South Pacific island nations, is hindered by the isolation of the country from foreign markets, lack of natural resources, periodic devastation from natural disasters, and inadequate infrastructure.
Following the Falklands War in 1982, Lord Shackleton published a report on the economy of the Falkland Islands which recommended many modernisations.
The economy of the Falkland Islands, which first involved sealing, whaling and provisioning ships, became heavily dependent on sheep farming from the 1870s to 1980.
After the severe economic troubles of the early 1990s, brought on by a drop in the vital fish catch and poor management of the economy, the Faroe Islands have come back in the last few years, with unemployment down to 5 % in mid-1998, and holding below 3 % since 2006, one of the lowest rates in Europe.
The result from these projects is not yet known but is hoped to bring a better market economy to the Faroe Islands.
Rock Islands ( Palau ) | Rock Islands in Palau-Such scenery has helped invite tourism and build up Palau's economy.
Even as late as 1970, the British Protectorate did not envisage independence for Solomon Islands in the foreseeable future but shortly thereafter, the financial costs of supporting the Protectorate became more trying, as the world economy was hit by the first oil price shock of 1973.
After crippling the US economy and becoming a nuclear power, Japan invades and takes the Marianas Islands ; the US and Japan fight a brief war, which the Japanese lose ( they are subsequently denuclearized ); an embittered Japanese pilot and proponent of the war crashes a 747 into the US Capitol Building immediately after Ryan's confirmation as Vice President, killing most of the House and Senate, the President, all nine Supreme Court justices, the senior military establishment ( including the JCS ), and most of the Cabinet.
To draw more technology-focused companies and expand this segment of the economy, the government founded and launched University of the Virgin Islands Research and Technology Park in conjunction with private businesses and the University of the Virgin Islands.
This article is on the economy of the United States Virgin Islands.
Due to the islands ' isolation, for many years Bermuda remained an outpost of 17th-century British civilization, with an economy based on the use of the islands ' Bermuda cedar ( Juniperus bermudiana ) trees for shipbuilding, and Bermudians ' control of the Turks Islands, and their salt trade.
The increase in slaves held in the Territory is, to a large degree, consistent with development of the economy of the British Virgin Islands at the time.
An often held view is that the economy of the British Virgin Islands deteriorated considerably after the abolition of slavery.
It also created the basis for the future peasant agricultural economy of the British Virgin Islands.
The island's economy relied upon sulfur mining, sugarcane farming, and fishing ; an isolated island in the middle of the Pacific Ocean with poor economic prospect, Iwo Jima had to import all rice and consumer goods from the Home Islands.
A symbolic expression of this new economy was a branch of the Indian West Islands Company – that would be called a transnational corporation today – which had influence throughout the world and controlled much of the trade between East and West.
Since the city is located just from the international boundary via the Thousand Islands Bridge, shopping by Canadian visitors is an important part of the local economy.
The aim was to facilitate the development of a strong cash crop economy on the island and link the Marshall Islands with Kiribati.
The salt industry, along with small sponge and hemp exports, sustained the Turks and Caicos Islands ( only barely, however ; there was little population growth and the economy stagnated ) until in the 1960s American investors arrived on the islands and funded the construction of an airstrip on Provo Island and built the archipelago's first hotel, " The Third Turtle ".
Galápagos is the story of a small band of mismatched humans who are shipwrecked on the fictional island of Santa Rosalia in the Galápagos Islands after a global financial crisis cripples the world's economy.

economy and British
British Columbia's economy is largely resource-based.
By 1951 about 20 % of the British economy had been taken into public ownership.
The film industry remains an important earner for the British economy.
Hayek was defended by Professor Antony Flew who stated that the German Social Democrats, unlike the British Labour Party, had, since the late 1950s, abandoned public ownership of the means of production, distribution and exchange and had instead embraced the social market economy.
The British military presence has been sharply reduced and now contributes about 7 % to the local economy, compared with 60 % in 1984.
Davidson also states that “ far from being ‘ peripheral ’ to the British economy, Scotland – or more precisely, the Lowlands – lay at its core ”.
A fourth phase of foreign influence was immigration of Chinese and Indian workers to meet the needs of the colonial economy created by the British in the Malay Peninsula and Borneo.
The US President Dwight D. Eisenhower forced a ceasefire when he threatened to sell all American shares of British Pounds and to crash the British economy.
As a matter of fact, in 1987, Italy had a period when it surpassed the British economy ( an event known as il sorpasso ), becoming the fifth in the world.
Offshore banking, manufacturing, and tourism form key sectors of the economy of the Isle of Man, a British Crown dependency in the Irish Sea.
In its heyday, ICI was the largest manufacturing company in the British Empire, and commonly regarded as a " bellwether of the British economy ".
Despite the British economy then being in recession, he led the Conservatives to a fourth consecutive election victory, winning the most votes in British electoral history ( 14 million ) in the 1992 general election, albeit with a much reduced majority in the House of Commons.
On the other hand, it was during Major's premiership that the British economy recovered from the recession of 1990 – 1992.
Underlying the basis of the “ containment ” of Germany was the so-called “ X documents ” provided by Carl Friedrich Goerdeler over the course of the winter of 1938 – 39 which suggested that the German economy, under the strain of massive military spending was on the verge of collapse, and which led British policy-makers to the conclusion that if Hitler could be deterred from war and if his regime was “ contained ” long enough, then the German economy would collapse, and with it, presumably the Nazi regime.
At the same time, British policy-makers were afraid if Hitler were “ contained ”, and faced with a collapsing economy he would commit a desperate “ mad dog act ” of aggression as a way of lashing out.
Prior to British contact the Meriam people had lived on the islands in a subsistence economy based on cultivation and fishing.
These dams, along with a series of headworks and barrages built by the British and expanded since independence, are of vital importance to the national economy and played an important role in calming the raging floodwaters of 1992, which devastated large areas in the northern highlands and the Punjab plains.
In the 1990s, released from the Left's pressure, the British Labour Party, under Tony Blair, posited policies based upon the free market economy to deliver public services via private contractors.
The withdrawal of the British naval station in 1864 and closure of the Liberated African Station ten years later ( several hundred Africans were deported to Lagos and other places on the West African coast ) resulted in a further deterioration in the economy.

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