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Topic: Economy of the Maldives


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In the News (Fri 27 Nov 09)

  
  Economy of Maldives -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-11-04)
Tourism, (A republic on the Maldive Islands; achieved independence from the United Kingdom in 1965) Maldives' largest industry, accounts for 20% of GDP and more than 60% of the Maldives' foreign exchange receipts.
The population is scattered throughout the country, and the greatest concentration is on the capital island, (A person who belongs to the sex that cannot have babies) Malé.
Maldives has been running a merchandise trade deficit in the range of $200 to $260 million since 1997.
www.absoluteastronomy.com /encyclopedia/e/ec/economy_of_maldives.htm   (1195 words)

  
 Maldives History - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International ...
Maldives' nearest neighbors are Sri Lanka and India, both of which have had cultural and economic ties with Maldives for centuries.
Maldives remained a British crown protectorate until 1953 when the sultanate was suspended and the First Republic was declared under the short-lived presidency of Muhammad Amin Didi.
Meanwhile, in 1960 Maldives allowed Britain to continue to use both the Gan and the Hitaddu facilities for a thirty-year period, with the payment of £750,000 over the period of 1960 to 1965 for the purpose of Maldives' economic development.
workmall.com /wfb2001/maldives/maldives_history_index.html   (2121 words)

  
 The EU's relations with Maldives - Overview
The Maldives is member to the UN Convention on the Elimination of All Forms of Discrimination against Women (CEDAW), which requires States parties to eliminate all forms of discrimination against women that prevent their enjoyment of their full civil, political, economic and cultural rights.
The overall economy of the Maldives experienced an average growth rate of around 10% per annum in the 1980s, slowing to 8% in the 1990-2004 period.
The Maldives was graduated from LDC status by the United Nations in December 2004 to "become" a Developing Nation with a three-year grace period ending in November 2007.
ec.europa.eu /comm/external_relations/maldives/intro/index.htm   (3166 words)

  
 Economy | Inner Maldives
Traditionally dependant on fisheries, the advent of tourism in 1972 has tilted the economy in increasingly in favor of the new industry.
Maldives is one of the few countries among the Least Developed Countries that have demonstrated the capacity to lay the foundations of a sustainable development process.
The fact that level of poverty found in other developing countries is virtually absent in the Maldives testifies that the benefits of growth have been well distributed.
www.innermaldives.com /economy.html   (158 words)

  
 :. Maldives official website - Economy - Industries
Maldives is represented in all major international travel fairs by both the government and the private operators.
The Maldives Tourism Promotion Board was established by the government mainly to promote quality and sustainable growth in the country’s tourism industry and to foster a well utilized and financially healthy private sector industry.
Maldives Association of Tourism Industry (MATI) is a non-profit non-governmental organization working towards the sustainable development of the country’s tourism industry.
www.maldivesinfo.gov.mv /info/include/economy_Industries.php   (1160 words)

  
 Maldives - Open Encyclopedia   (Site not responding. Last check: 2007-11-04)
The Republic of Maldives is a country consisting territorially of a group of atolls in the Indian Ocean, south-southwest of India.
According to Maldivian legend, a Sinhalese prince named Koimale was stranded with his bride--daughter of the king of Sri Lanka--in a Maldivian lagoon and stayed on to rule as the first sultan.
Although governed as an independent Islamic sultanate for most of its history from 1153 to 1968, Maldives was a British protectorate from 1887 until July 25, 1965.
open-encyclopedia.com /Maldives   (283 words)

  
 Maldives Country Guide - Immigration, Customs, Visa, Currency, Resorts, Holidays and Travel Tips
In the early 1990s, Maldives was ranked by the UN as one of the world's twenty-nine least developed countries.
President Gayoom's development philosophy centers on increasing Maldives' self-sufficiency and improving the standard of living of residents of the outer islands.
In 1994 a considerable gap continued to exist between the general prosperity of the inhabitants of Male and the limited resources and comparative isolation of those living on the outer islands.
www.southtravels.com /asia/maldives/economy.html   (972 words)

  
 UNIDO - Proposal for Establishment of Maldives Standards and Metrology Center, US/RAS/03/043/11-51, December 2004
Maldives is small country in Indian Ocean comprising of large number of small islands.
Another major infrastructural weakness in Maldives is that it does not have any mechanism for control of weights and measures which is a fundamental requirement for trade in the modern world.
The objective and proposed structure of National Standards Council and Maldives Standards and Metrology Centre are fully described in the report.
www.unido.org /en/doc/34729   (256 words)

  
 Statement by Maldives to IFAD's 27th Session of the Governing Council
Poverty in Maldives differs from that in many other developing nations, mainly because a large segment of our population is highly susceptible to external global shocks and has limited ability to effectively manage risk.
I believe the international community cannot allow trade liberalization to bring in further inequity and jeopardize the future of Maldives in vital areas such as fisheries, a sector on which a large percentage of the population bases their livelihood.
To appreciate the importance of granting Maldives a special treatment that is commensurate with our intrinsic problems, one must remember the situation of economic vulnerability to natural disasters and adverse economic shocks we suffer from, in addition to the context of our environmental fragility.
www.ifad.org /events/gc/27/speech/maldives.htm   (725 words)

  
 Maldives Economy, Maldivian Economy, Economy in Maldives, Economy of Maldives, Know Maldives Economy , Maldives ...
The Maldives economy has been growing at an annual average of 10% for the past two decades.
The Maldivian economy is regarded as exemplary in the region and welcomes foreign investment.
Maldives is one of the few countries among the Least Developed Countries that have demonstrated the capacity to lay the foundations of a sustainable development process.
www.seansunmaldives.com /economy.html   (195 words)

  
 Country Profiles Foreign & Commonwealth Office
The Maldives was seriously affected by the tsunami on 26 December which killed 83 people and virtually destroyed 14 inhabited islands, three of which have been permanently abandoned.
The Deputy Prime Minister, John Prescott, visited the Maldives in March 1999 to study the impact of climate change on its oceans and coral reefs, and the Maldivian Deputy Foreign Minister, Hussain Shihab made an official visit to the UK in June 2004.
Maldives has ratified four of the six UN Human Rights Conventions; Convention on the Elimination of All Forms of Discrimination Against Women, the Convention on the Rights of the Child, the Convention on the Elimination of all Forms of Racial Discrimination, and the Convention Against Torture.
www.fco.gov.uk /servlet/Front?pagename=OpenMarket/Xcelerate/ShowPage&c=Page&cid=1007029394365&a=KCountryProfile&aid=1018965337338   (2132 words)

  
 Maldivian Economy {<<-Paradise on Earth->>} ßy:[Xenax]-www.nexax.stormpages.com
The Maldives is not blessed with many natural resources except for her beauty and the riches of the sea.
In fact, Maldives is one of the few countries which enjoys an annual GDP growth rate of 6.0%.
From a very humble beginning in the 1970s the tourism in the Maldives has evolved and matured into an industry, which is a key player of the domestic economy.
www.stormpages.com /nexax/Maldives/economy.htm   (1142 words)

  
 The Maldives | Paradise on Earth
Indeed, it is not without reason that the Maldives has been described as ‘(the) flower of the Indies’ by Marco Polo and ‘one of the wonders of the world’ by Ibn Batuta.
Sunny, unique and unspoiled, the Maldives is an archipelago comprising 1,190 low-lying coral islands scattered across the equator, in groups of 26 naturally occurring atolls which are divided into 20 for administrative purposes.
The total area of 90,000 square kilometers that is Maldives consists of sparkling sun-kissed beaches, palm-fringed islands, crystalline lagoons studded with multi-coloured corals and warm, azure seas with exotic marine life – a mesmerizing mixture that remains the same throughout the year, continue to enthrall visitors from far and wide.
www.mymaldives.com /maldives/maldives.php   (198 words)

  
 Maldives Economy   (Site not responding. Last check: 2007-11-04)
In the early 1990s, Maldives was ranked by the UN as one of the world's twenty-nine least developed countries.
President Gayoom's development philosophy centers on increasing Maldives' self-sufficiency and improving the standard of living of residents of the outer islands.
In 1994 a considerable gap continued to exist between the general prosperity of the inhabitants of Male and the limited resources and comparative isolation of those living on the outer islands.
www.country-studies.com /maldives/economy.html   (281 words)

  
 Maldives Economy
The Maldivian economy has made a remarkable recovery from the tsunami, which inflicted damages of about $375 million, excluding $100 million in damages to resorts, the bulk of which was covered by private insurance.
The Maldives has been running a merchandise trade deficit in the range of $200 to $260 million annually since 1997.
In recent years, Maldives has successfully marketed its natural assets for tourism--beautiful, unpolluted beaches on small coral islands, diving in blue waters abundant with tropical fish, and glorious sunsets.
www.traveldocs.com /mv/economy.htm   (788 words)

  
 Maldives Traditional Jewelry
Economy of the Maldives : Economy of Maldives -...mining (used for building and jewelry making...
Economy of the Maldives - ArtPolitic Encyclopedia of Politics :...
Economy of the Maldives -...mining (used for building and jewelry making...
www.aboutjewellery.com /maldives-traditional-jewelry.html   (646 words)

  
 [No title]
RSF maintains that the Maldives is one of the world's most repressive countries in the world for freedom of expression on the Internet.
The tourist related slowdown in 2001 highlighted the limited diversification of the economy and the Maldives' vulnerability to external shocks.
The government says donors may be ignoring the Maldives because the number killed there, 82, in the Dec. 26 tsunami was much lower than that of other countries.
www.lycos.com /info/maldives--countries.html   (464 words)

  
 Press Releases: South Asia: Earthquake and Tsunami - Dec 2004, Maldives: Looking to the future
When the tsunami struck the Asia-Pacific region on 26 December 2004, the Republic of Maldives, a low-lying island nation on the southeast of Sri Lanka, was among the countries most affected.
Although the Maldives are a tourist's dream destination, the people do not largely benefit from the tourism industry.
In 1965, the Maldives achieved independence from the British, and became a republic in 1968.
www.reliefweb.int /rw/rwb.nsf/db900SID/EKOI-6NT4NS?OpenDocument   (977 words)

  
 Maldives. The Columbia Encyclopedia, Sixth Edition. 2001-05
The Maldives obtained complete independence as a sultanate in 1965, but in 1968 the ad-Din dynasty, which had ruled the islands since the 14th cent., was ended and a republic was declared.
Indian troops landed in the Maldives in 1988 to foil one of several coup attempts.
In the late 1980s the Maldives joined with a number of coral atoll nations to raise international awareness of the consequences of global warming, and in 1989 hosted an international conference to discuss this issue.
www.bartelby.com /65/ma/Maldives.html   (605 words)

  
 Maldive   (Site not responding. Last check: 2007-11-04)
The economy of the Maldives is constrained by the country’s narrow resource base and the numerous well-known challenges and vulnerabilities faced by small island developing states.
The main tourist attraction of the Maldives is its relatively un-spoilt, beautiful and peaceful tropical island environment, the white sandy beaches surrounded by clear blue ocean waters rich in marine life.
The sudden jump in Italian tourist arrivals to the Maldives from 54,333 in 1997 to 79,227 in 1998 and the subsequent rise to 106,451 tourists in 2001 was largely linked to the commencement of schedule flights.
sedi.esteri.it /colombo/html/8_italian.html   (1798 words)

  
 Asian Development Outlook 2003 - Maldives - DB.org
The Maldives prospered in the 1990s due to a rapid expansion in tourism and modernization in traditional fishing, with rapid annual GDP growth of about 8%.
The economy was hard hit by the September 11 events and returning to a rapid growth path will depend on a favorable external environment and careful macroeconomic management.
The economy staged a modest recovery in 2002 with GDP growth estimated at 4.3%, up from 3.5% a year earlier, driven by a gradual recovery in tourism and a larger fish catch.
www.adb.org /Documents/Books/ADO/2003/mld.asp   (1169 words)

  
 :: Dhivehi Observer :: Peoples Press ::
Unless the government of the Maldives brings an immediate end to human rights abuses, release all prisoners of conscience, start respecting the rule of law, freedom of expression and freedom of association, a campaign calling to stay away from Maldives will be launched very soon.
Friends of Maldives, a pressure group working to bring an end to the tyranny of Gayyoom, the suffering of the people of Maldives, is currently looking to start a mass scale campaign across Europe, not just UK.
With over 500,000 people visiting the Maldives from around the globe, making him and his allies wealthy whilst the majority of the country has no idea how much of their wealth is actually redistributed and passed onto them directly, to improve public services.
www.e-maldives.com /articles/willkounipulloutofmaldives.html   (666 words)

  
 Maldives Mission to the United Nations
The Maldives has always maintained liberal and pragmatic economic policies and encouraged growth in sectors such as fisheries and tourism, offering comparative advantages to the country.
The sectors of the economy which have contributed most significantly to the GDP of the country are fisheries, tourism, shipping, agriculture and industries.
Maldives has a relatively good social infrastructure in areas such as education, health and housing although with economic expansion a high demand exists for continuous improvement of such services.
www.un.int /maldives/economy.htm   (1451 words)

  
 THE PALESTINE / ISRAEL CONFLICT: Suffering under David's star - NI 199 - Country profile: Maldives
In his quest for economic emancipation, President Gayoom - the gentle strong-man of the Maldives - has made education a priority and is boosting the country's commercial potential.
The image of the Maldives as a coral necklace of islands basking in the sun belies its iron commitment to peace, refusing foreign military facilities and backing the declaration of the Indian Ocean as a peace zone.
The Maldives is a former Arab sultanate and the Islamic influence is strong with offices closed on Fridays and prohibitions on the import of pork and alcohol, although alcohol can be consumed by foreigners.
www.newint.org /issue199/profile.htm   (668 words)

  
 Maldives Recovery Slow One Year After Tsunami Disaster
The Maldives was one of the countries most seriously affected by last year's tsunami, yet the plight of its people has been overshadowed by the dramatic size of the catastrophe on its larger neighbors Indonesia and Sri Lanka.
The tiny nation's economy was badly damaged, but the government has had difficulty attracting the money it needs to rebuild.
One of the problems is that the Maldives does not have the money to rebuild harbors to handle large fishing vessels, or to replace all the islanders' lost boats.
www.voanews.com /english/2005-12-22-voa20.cfm   (924 words)

  
 Maldives (01/07)
The Maldives were badly hit by the Asian tsunami of December 26, 2004, which killed 82 and caused substantial damage to Maldives tourism, housing, and fishing infrastructure.
Maldives follows a nonaligned policy and is committed to maintaining friendly relations with all countries.
The Maldives welcomes foreign investment, although the ambiguity of codified law acts as somewhat of a damper.
www.state.gov /r/pa/ei/bgn/5476.htm   (3205 words)

  
 Economy and Government - Maldives - Asia
The Maldivian economy is dominated by fishing, and the total catch in 1997 was 107,676 metric tons.
The tourist industry is growing; in 2000 some 467,000 tourists visited Maldives, adding $344 million to the economy.
Maldives is a republic governed under a constitution.
www.countriesquest.com /asia/maldives/economy_and_government.htm   (217 words)

  
 The distinctive topography of the Maldives – an archipelago of more than 1,200 small islands – allows for a strict ...
The Maldives has the world’s highest divorce rate: half of women aged 50 and above have been married four or more times – a reflection of the disapproval of extra-marital affairs combined with the ease of divorce.
The Maldives suffered a serious blow in December 2004 when the Asian Tsunami washed across islands most of which rise no more than one metre from the sea.
Until the 2004 Tsunami, the economy had been growing on average 8% per year and the Maldives became the only country to graduate from the UN’s ‘least developed country’ status.
www.newint.org /columns/country/2006/06/01/maldives   (1530 words)

  
 Religious intolerance in the Maldives
The Maldives is a chain of some 1,200 small islands in the Indian ocean, southwest of Sri Lanka.
LOMBO, Sri Lanka, 28 July 1998--Authorities in the south Asian Muslim nation of the Maldives are holding 50 Christians on religious grounds, according to the Evangelical Alliance of Sri Lanka.
The High Commission of Maldives in Colombo issued a statement earlier this month claiming that allegations that Christians are being held for their faith is "totally false and baseless," and that there is "no religious discrimination in Maldives.
www.religioustolerance.org /rt_maldive.htm   (1355 words)

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