republic of vanuatu from economic angle
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7/25/2019 Republic of Vanuatu from Economic Angle
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VANUATU
Oleh Erista N
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VANUATU
83 islands
PortVila
30 Juli 1980Bislama 33.7%Bahasa Inggris 2%Bahasa Perancis 0.6%Bahasa Daerah 63.7%
Reverend Womtelo Baldwin Lons
Sato Kilman Livtuvanu
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ECONOMIC LIFE
Status:
-Moderately Free 61.1
-World Rank 84-Regional Rank 16
Population:0.3 million
GDP (PPP):$1.3 billion
2.8% growth
2.1% 5-year compound
annual growth
$4,718 per capita
Unemployment:
- 1.7%
Inflation (CPI):1.3%
FDI Inflow:$34.8 million
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ECONOMIC SECTORAgriculture
Timber
cocoa
coffee
kava
Coconut oil
copra
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SERVICE : TOURISM
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Industry
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ECONOMIC HISTORY
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HINDERANCE OF ECONOMICDEVELOPMENT
1. Few comodity Exports
2.Vulnerability to natural disasters
3. Long distance from main markets and between
constituent
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BETWEEN AUSTRALIA AND VANUATU
1.Bilateral RelationshipSpent $60.5 million for improvingeconomic governance, infrastucture,eductaion, health and law and justice.
2.Trade and Investment- Merchandise totaled A$77 million- Investment on tourism, finance andconstruction- Cruise ship passangers
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TERIMA KASIH