Astronomy-related tourism is an increasing contributor to the area's economy, with more astro-tourism ventures in development near Lake Tekapo, Mount Cook village ( planetarium ) and Omarama.

Williams, a strong supporter of the proposal, believed that it would bring benefits to the Cook Islands ' economy, but the scheme aroused much controversy.

The economy of the British Virgin Islands is one of the most prosperous in the Caribbean.

The economy of the Cayman Islands, a British overseas territory located in the western Caribbean Sea, is mainly fueled by the tourism sector and by the financial services sector, together representing 70-80 percent of the country's gross domestic product ( GDP ).

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.

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.

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.

By 2009 with natural gas prices at a long-term low, Alberta's economy was in poor health compared to before, although still relatively better than many other comparable jurisdictions.

In 1948, Capp reached a creative peak with the introduction of the Shmoos, lovable and innocent fantasy creatures who reproduced at amazing speed and brought so many benefits that, ironically, the world economy was endangered.

In many island nations such as those of the Mediterranean, South Pacific and Caribbean, tourism is central to the economy.

While many socialist currents advocated economic planning as an eventual substitute for the market for factors of production, some define economic planning as being based on worker-self management, with production being carried out to directly satisfy human needs, and contrast this with the concept of a command economy of the Soviet Union, which they characterize as being based on a top-down bureaucratic administration of the economy in a similar fashion to a capitalist firm.

One transition from a command economy to a market economy that many consider successful is that of the People's Republic of China.

While the transition to a market economy proved difficult, many of the post-Soviet states have been experiencing strong, resource-based economic growth in recent years, though the levels vary substantially.

The possibility of a digital planned economy was explored by Chile with the creation of Project Cybersyn, the project was a success in many ways but due to the lack of computer technology and need for constant human input was limited in comparison to modern and more advanced technology.

The assumption behind this legislation is the idea that having economic activity decentralized among many different industry participants is better for the economy than having one or a few large players in an industry.

Keynesians argue that in a modern industrial economy, many prices are sticky downward or downward inflexible, so that instead of prices for non-oil-related goods falling in this story, a supply shock would cause a recession, i. e., rising unemployment and falling gross domestic product.

As many other former colonies, for many years El Salvador was considered a monoexporter economy.

The 1970s and ' 80s saw an increased interest in improved fuel economy which brought in a return to smaller V-6 and four-cylinder layouts, with as many as five valves per cylinder to improve efficiency.

However, they too struggled to keep the economy going, and many merchants were running at a loss.

By the early 21st century, weakness in the Faroese economy had been eliminated and, accordingly, many minds turned once again to the possibility of independence from Denmark.

The Faroes have one of the lowest unemployment rates in Europe, but this is not necessarily a sign of a recovering economy, as many young students move to Denmark and other countries once they are finished with high school.

Bastiat was the author of many works on economics and political economy, generally characterized by their clear organization, forceful argumentation, and acerbic wit.

The turmoil caused a severe food shortage, destroyed the Finnish economy, demolished the political apparatus and divided the Finnish nation for many years.

The IMF and the World Bank are heavily involved in the development of Guinea's economy, as are many bilateral donor nations, including the United States.

It is a free market economy that enjoys the advantages of low labor costs and tariff-free access to the US for many of its exports.

They point out that there are still many ways in which the government is involved in the economy.

As a result, many people in Hungary suffered incredible hardships during the transition to a market economy.