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Topic: Economy of the Bahamas


  
  The Bahamas - 1location, size, and extent, 2topography, 3climate, 4flora and fauna, 5environment, 6population, ...
As of June 1972, the Bahamas dollar ceased to be part of the sterling area and was set on a par with the US dollar.
The Bahamas were formed as surface outcroppings of two oceanic banks, the Grand Bahama Bank and the Little Bahama Bank.
The economy of the Bahamas is primarily service-based.
www.nationsencyclopedia.com /Americas/The-Bahamas.html   (576 words)

  
  Bahamas - Wikipedia, the free encyclopedia
An archipelago of 700 islands and cays (which are small islands), the Bahamas is located in the Atlantic Ocean, east of Florida in the United States, north of Cuba and the Caribbean, and west of the British dependency of the Turks and Caicos Islands.
She is represented in the Bahamas by a Governor-General, appointed on the recommendation of the elected government.
The climate of the Bahamas is subtropical to tropical, and is moderated significantly by the waters of the Gulf Stream, particularly in winter.
en.wikipedia.org /wiki/Bahamas   (830 words)

  
 Economy of The Bahamas   (Site not responding. Last check: 2007-11-05)
The Bahamas is a stable middle income, developing nation with a sustained moderate economic growth averaging 3 1/2 % annually.
The economy is based mostly on tourism and offshore banking with comparatively small agricultural and industrial sectors.
With low inflation and a modest per capita income (the highest in the region) the overall economic condition of the Bahamas is relatively healthy.
www.hk-bahamas.de /en/economy.php   (81 words)

  
 kwabs.com/greater antilles/upper caribbean/bahamas
The name Bahamas is traditionally believed to have been given to the Islands by Christopher Columbus who was describing the shallow water/sea with the Spanish words: Baha Mar. However, some authoritative sources of The Bahamas claim that the name comes instead from the Lucayan name for the Grand Bahama Island.
The Bahamas was officially restored to England in 1783 by the treaty of Versailles.
The culture of the Bahamas is defined by the influence of European traditions and religions mixed with the African cultural heritage.
www.kwabs.com /bahamas.html   (3130 words)

  
 Bahamas   (Site not responding. Last check: 2007-11-05)
An archipelago of 700 islands and cays (or keys), the Bahamas is located in the Atlantic Ocean, east of Florida in the United States, north of Cuba and the rest of the Caribbean, and west of the British dependency of the Turks and Caicos Islands.
The largest island of the Bahamas is Andros, in the west.
The local climate is tropical, moderated by the warm waters of the Gulf Stream, with frequent hurricanes and tropical storms from May until October.
www.bidprobe.com /en/wikipedia/b/ba/bahamas.html   (689 words)

  
 Bahamas : QuicklyFind Info
An archipelago of 700 islands and cays (or keys), the Bahamas is located in the Atlantic Ocean, east of Florida in the United States, north of Cuba and the rest of the Caribbean, and west of the British dependency of the Turks and Caicos Islands.
She is represented in the Bahamas by a Governor General of the Bahamas, appointed by the monarch herself.
The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking.
www.quicklyfind.com /info/Bahamas.htm   (700 words)

  
 Economy of the Bahamas -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-11-05)
The Bahamas is a stable, (Click link for more info and facts about developing nation) developing nation with an economy heavily dependent on (The business of providing services to tourists) tourism and offshore (Transacting business with a bank; depositing or withdrawing funds or requesting a loan etc.) banking.
The Bahamas offers attractive features to the potential investor: a stable democratic environment, relief from personal and corporate income taxes, timely repatriation of corporate profits, proximity to the U.S. with extensive air and ((often plural) systems used in transmitting messages over a distance electronically) telecommunications links, and a good pool of skilled professional workers.
The Government of The Bahamas welcomes foreign (Outer layer or covering of an organ or part or organism) investment in tourism and banking and has declared an interest in agricultural and industrial investments to generate local employment, particularly in white-collar or skilled jobs.
www.absoluteastronomy.com /encyclopedia/e/ec/economy_of_the_bahamas.htm   (1365 words)

  
 Bahamas Economy
The Bahamian economy, due to its heavy dependence on U.S. tourism and trade, is deeply affected by U.S. economic performance.
Following an outbreak of citrus canker on Abaco in 2005, The Bahamas lost a main agricultural export, and the Ministry of Agriculture banned the export of plant materials from Abaco.
The Government of The Bahamas welcomes foreign investment in tourism and banking and has declared an interest in agricultural and industrial investments to generate local employment, particularly in white-collar or skilled jobs.
www.traveldocs.com /bs/economy.htm   (1343 words)

  
 Bahamas -> Economy on Encyclopedia.com 2002   (Site not responding. Last check: 2007-11-05)
Bahamas seeks to boost its lead as chief country of registry, as cruise vessels reflag.
The Islands of the Bahamas: America's Backyard; 58% of Recent Visitors Chose The Bahamas for a Family Vacation or Short Escape.
Bahamas seguira deportando: Exiliados llaman a un boicot
www.encyclopedia.com /html/section/Bahamas_Economy.asp   (616 words)

  
 The Nassau Guardian - Bahamas economy despite sluggishness, still stable   (Site not responding. Last check: 2007-11-05)
While the Bahamian economy has rebounded significantly from the level of weakness brought on by the adverse effects of September 11 last year, a review of provisional estimates for the quarter ended June 2002, suggest a comparative decline relative to the same period in 2001.
She said that as consideration is being given for development issues facing the economy, the time is right for the articulation of a detailed and comprehensive strategy for national development.
She stressed that the economy must be able to provide the workforce with greater access to a broader range of continuing education and training opportunities in areas seen as essential to the advancement of innovation in existing sectors.
www.thenassauguardian.com /business/278955056906889.php   (1405 words)

  
 AllRefer.com - Bahamas : Economy (Caribbean Political Geography) - Encyclopedia   (Site not responding. Last check: 2007-11-05)
The islands' vivid subtropical atmosphere : brilliant sky and sea, lush vegetation, flocks of bright-feathered birds, and submarine gardens where multicolored fish swim among white, rose, yellow, and purple coral : as well as rich local color and folklore, has made the Bahamas one of the most popular resorts in the hemisphere.
Although declining tourism in the late 1980s did serious damage to the country's economy, tourism continues to provide half of the gross domestic product and to employ about 40% of the workforce.
The Bahamas also possess facilities for the refining and transshipment of petroleum.
reference.allrefer.com /encyclopedia/B/Bahamas-economy.html   (281 words)

  
 Caribbean Islands the Bahamas - Economy
In the mid-1980s, the Bahamas was classified as an upper middle-income developing country and ranked among the wealthiest nations in the Caribbean region.
Because industries locating in the Bahamas tended to be capital intensive, the industrial sector's share of the labor force was estimated at just 6 percent in 1979.
A second problem of the Bahamian economy was its dependence on a single sector, tourism; that sector's well-being was in turn affected by the economy in the United States, the source of most tourists.
www.country-studies.com /caribbean-islands/the-bahamas---economy.html   (595 words)

  
 globalEDGE (TM) | country insights - Economy of Bahamas   (Site not responding. Last check: 2007-11-05)
The Bahamian economy, due to its heavy dependence on U.S. tourism and trade, is deeply affected by U.S. economic performance.
Following an outbreak of citrus canker on Abaco in 2005, The Bahamas lost a main agricultural export, and the Ministry of Agriculture banned the export of plant materials from Abaco.
The Bahamas offers attractive features to the potential investor: a stable democratic environment, relief from personal and corporate income taxes, timely repatriation of corporate profits, proximity to the United States with extensive air and telecommunications links, and a good pool of skilled professional workers.
globaledge.msu.edu /IBRD/CountryEconomy.asp?CountryID=100&RegionID=4   (1258 words)

  
 Bahamas Economy
Anemic tourism was responsible for the downturn in Bahamian economy during the late 80s; revitalized tourism was the source of its recovery in the 90s.
It enjoys low inflation and modest growth mainly due to the strength of the tourism industry and a boom in the construction of new hotels, resorts and residences.
Because the Bahamas' tourism industry is largely dependant on U.S. visitors however, economic trends in the U.S. heavily influence the island nation.
www.gloriousbahamas.com /economy.html   (245 words)

  
 Mossack Fonseca & Co. Law Firm and Offshore Trust Services
The Bahamas is a chain of islands comprising 5,358 square miles, located 40-50 miles east of Florida, with a population of 300,000.
The Bahamas is one of the largest offshore financial centers in the hemisphere with over 400 banks, trust companies and other licensed financial institutions.
We would say that the final outcome of the amendments to the Bahamas IBC Act is positive considering that The Bahamas was removed from the Financial Action Task Force (“FATF”)’s fllist last June.
www.mossfon.com /bahamas.html   (972 words)

  
 The Bahamas MINING
The mineral sector played a minor role in the economy of the Bahamas.
Salt and aragonite stone, a component in glass manufacture, were the two most commercially important mineral products, with estimated 2000 production figures of 900,000 tons for salt and 1.2 million tons for aragonite, figures which have remained unchanged since 1997.
The major salt producer on the Islands was Morton Bahamas Salt Company, the only major industry and the largest employer on the island of Inagua, where the second-largest solar saline operation in North America was located.
www.nationsencyclopedia.com /Americas/The-Bahamas-MINING.html   (123 words)

  
 Bahamas History | bahamas-guide.info
Even after piracy was largely eradicated from Nassau and The Bahamas by the arrival of British Royal Governor Woodes Rogers, privateering, which was essentially piracy that was endorsed by and carried out for the British government, continued against Spanish and American interests in the region.
The economy of the budding nation flourished during the years of the American Civil War, as merchants from The Bahamas evaded Union blockades to lucratively run cotton and goods between the Confederacy and England.
The Bahamas are said to be made from calcium carbonate, a product of the 5 percent of the world's coral that surrounds the islands.
bahamas-guide.info /past.and.present/history   (1038 words)

  
 The Bahamas Investment Authority / Incentives to Invest in The Bahamas
The financial sector, with over 40 years of steady growth and experience in the offshore banking and trust industry, is the second leading contributor to the economy of The Bahamas, employing more than 10% of the country's labour force and comprisiong 12% of GDP ($340 million).
This sector, with over 40 years of steady growth and experience in the offshore banking and trust industry, is the second leading contributor to the economy of The Bahamas, employing more than 10% of the country's labour force and comprising 12% of GDP ($340 million).
Represented by The Bahamas Investment Authority, incorporating the Financial Services Secretariat, the Government has reaffirmed its commitment to maintaining and improving The Bahamas' role as a sophisticated offshore finance centre, through the introduction of new and innovative legislation and the strengthening of existing legislation.
www.geographia.com /bahamas/investment/financ01.htm   (1367 words)

  
 About The Bahamas
The population of the Bahamas is approximately 340,000 the majority of whom are fl and inhabit 20 of The Islands of The Bahamas.
The Bahamas was initially settled in around 1640 by the Eleutherian Adventurers, a group of Englishmen who sailed from Bermuda.
Bahamas Dollar is on a par with the US Dollar.
www.friendsofthebahamas.com /about_the_bahamas.htm   (547 words)

  
 History Of The Bahamas, Bahamas Cultural History, History On The Bahamas
Control of the Bahamas has shifted and changed throughout the centuries, and its current status today as a major tourist destination was not always its main feature.
The economy of the Bahamas has continued to flourish since the 1950s, adding motivation to their desire to be an independent nation.
Bahamas cultural history today is most heavily influenced by the loyalist settlers and the slaves they brought with them to the Bahamas.
www.destination360.com /caribbean/bahamas/history.php   (600 words)

  
 Bahamas, The (03/07)
Today, the Bahamas is a major transshipment point for narcotics on the way to the U.S. Bahamians achieved self-government through a series of constitutional and political steps, attaining internal self-government in 1964 and full independence within the Commonwealth on July 10, 1973.
The Bahamas recognizes the British monarch as its formal head of state, while an appointed Governor General serves as the Queen's representative in The Bahamas.
The Bahamas maintains an embassy in the United States at 2220 Massachusetts Ave., NW, Washington, DC 20008 (tel: 202-319-2660) and Consulates General in New York at 231 East 46th Street, New York, NY 10017 (tel: 212-421-6420), and in Miami at Suite 818, Ingraham Building, 25 SE Second Ave., Miami, FL 33131 (tel: 305-373-6295).
www.state.gov /r/pa/ei/bgn/1857.htm   (3428 words)

  
 The Bahamas
British settlement of the islands began in 1647; the islands became a colony in 1783.
Economy overview: The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking.
Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2002.
www.paulnoll.com /Locations/visiting-Bahamas.html   (375 words)

  
 Bahamas Economy | bahamas-guide.info
The first cultures to settle in The Bahamas, the indigenous Lucayans followed by the Puritan Eleutheran Adventurers, had to rely on their own farming and craft skills for sustenance and survival.
The economy of The Bahamas saw significant benefits when American tourists were prohibited from visiting Cuba in 1961.
The Bahamian dollar is equivalent to the United States dollar, and the economy of The Bahamas typically follows patterns of the United States' economy.
bahamas-guide.info /past.and.present/economy   (551 words)

  
 Francis Says Tourism Model Limiting Economy « Bahamas News
Stressing that he was not suggesting that The Bahamas ought to abandon its tourism model, former Governor of the Central Bank and former executive of the Grand Bahama Port Authority Julian Francis said recently the country is missing an important opportunity to diversify its economy.
Francis, the former CEO and Co-Chairman of the Grand Bahama Port Authority.
Francis said it is an “inescapable view” that the country now needs to look at how it can diversify the base of its economy, and the source of foreign capital and income “which is really the lifeblood of the Bahamian economy”.
news.bahamianyellowpages.com /2006/10/16/francis-says-tourism-model-limiting-economy   (754 words)

  
 The Nassau Guardian - www.thenassauguardian.com
He said the PLP inherited an economy that prior to 2001 had grown faster for almost seven years than it had done at any time in recent history.
He said that the 2001 terrorist attacks on the United States damaged the global economy and, as a result, the Bahamian economy.
He said it was no secret that there was a major hit on the Bahamian economy in 2001 owing to the terrorist attacks in the US.
www.thenassauguardian.net /national_local/310112178775069.php   (312 words)

  
 Form an Offshore Corporation in the Bahamas
Just as the Islands of the Bahamas is known as the one of the premier in vacation destinations in the world, the Bahamas is also known as the one of the leading offshore business and financial centers in the world.
The Bahamas was first settled by the British in 1647.
The Economy of The Bahamas is growing rapidly and has substantial credibility.
www.offshorecorporation.com /bahamas/?c1=ppc&source=google_cm&kw=bahamas_business_phm   (384 words)

  
 The Bahamas and the International Community   (Site not responding. Last check: 2007-11-05)
The Bahamas is an archipelago of approximately 700 islands, cays, and islets, of which 28 are inhabited, covering 100,000 square miles in the Atlantic Ocean.
The main economic activities of The Bahamas’ economy are tourism and financial services, which together account for the overwhelming majority of the country’s revenue and employment figures.
The Bahamas has been a member of the United Nations since 18 September, 1973, having been admitted to the UN two months after gaining Independence from the United Kingdom on 10 July, 1973.
www.un.int /bahamas/the_bahamas_and_the_international_community.htm   (621 words)

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