Economics of Fiji
Fiji is a group of volcanic islands in the South Pacific. The architectural structural consists nearly of 900 islands and islets. Around 106 are permanently inhabited. The largest island, Viti Levu, covers about 57 % of the nation's land area. It also hosts the two most important cities, Suva, and Lautoka. Most other major towns contain around 70% of the population. Vanua Levu, north of Viti Levu, covers a little over 30 % of the land area and holds 15% of the population. The two main islands are mountainous, with peaks up to 1300 meters. Fiji gets a lot of rain per year and the tropical rain forests that developed on these mountains flourish. The lowlands on the western portions of each of the main islands are sheltered by the mountains. These spots are well equipped for a dry and well-marked season which is favorable to crops such as sugarcane.
In the past decade, the island of Fiji has had a very unstable pattern for economic growth.
Year Real GDP Population Real GDP per capita Rea lGrowth Rate
From the evidence above, you can see the real growth rate of Fiji and its unstable condition. The real GDP and population have been growing every year on up. Although there was a small but short decline of real GDP per capita through the years 1997 to 1998, it still continues to rise year and year. Many reasons can apply to this growth rate, but economists still say that Fiji is up and on the rise due to the fact that it is a very popular tourist attraction. Tourists will always come to the beautiful country and Fiji and when tourists come, straight profit is coming into the country (Fiji 93). As on 2004, the economy was projected to grow at a whooping 4.1% compared to a prediction of 3.9%. This positive revision is strongly caused by the stimulus of tourism. With a new plan of air services from Australia and New Zealand, Fiji will now be more affordable and much more economical to visit. It is also said that within the community,...