Niue's economy is small, with a GDP of ANZC$17 million in 2009. Most economic activity revolves around the Government, as the Government was traditionally in charge of organizing and managing the affairs of the new country since 1974. However, since the economy has reached a stage where state regulation may now give way to the private sector, there is an ongoing effort to develop the private sector. Following Cyclone Heta, the Government made a major commitment toward rehabilitating and developing the private sector.The Government allocated $1 million for the private sector, which was spent on helping businesses devastated by the cyclone, and on the construction of the Fonuakula Industrial Park. This industrial park is now completed and some businesses are already operating from it. The Fo
Attributes | Values |
---|
rdf:type
| |
rdfs:label
| |
rdfs:comment
| - Niue's economy is small, with a GDP of ANZC$17 million in 2009. Most economic activity revolves around the Government, as the Government was traditionally in charge of organizing and managing the affairs of the new country since 1974. However, since the economy has reached a stage where state regulation may now give way to the private sector, there is an ongoing effort to develop the private sector. Following Cyclone Heta, the Government made a major commitment toward rehabilitating and developing the private sector.The Government allocated $1 million for the private sector, which was spent on helping businesses devastated by the cyclone, and on the construction of the Fonuakula Industrial Park. This industrial park is now completed and some businesses are already operating from it. The Fo
|
area sq mi
| |
dcterms:subject
| |
dbkwik:alt-history...iPageUsesTemplate
| |
dbkwik:althistory/...iPageUsesTemplate
| |
leader name
| |
established date
| |
national anthem
| |
population estimate
| |
official languages
| |
image map
| |
government type
| - Self Governing Associate State of the ANZC
|
sovereignty type
| |
native name
| |
Demonym
| |
image coat
| |
Leader title
| |
Capital
| |
image flag
| |
Area km
| |
population estimate year
| |
Common name
| |
abstract
| - Niue's economy is small, with a GDP of ANZC$17 million in 2009. Most economic activity revolves around the Government, as the Government was traditionally in charge of organizing and managing the affairs of the new country since 1974. However, since the economy has reached a stage where state regulation may now give way to the private sector, there is an ongoing effort to develop the private sector. Following Cyclone Heta, the Government made a major commitment toward rehabilitating and developing the private sector.The Government allocated $1 million for the private sector, which was spent on helping businesses devastated by the cyclone, and on the construction of the Fonuakula Industrial Park. This industrial park is now completed and some businesses are already operating from it. The Fonuakula Industrial Park is managed by the Niue Business Centre, a quasi-governmental organisation providing advisory services to businesses. Most Niuean families grow their own food crops for subsistence and some are sold at the Niue Makete in Alofi, some exported to their families in New Zealand. The Niuean taro is known in Samoa as "talo Niue" and in international markets as pink taro. Niue also exports taro to the New Zealand market. The Niue taro is a natural variety and is very resistant to pests. Niue uses the ANZC Dollar.
|