Vanuatu & Development Porta Villa GDP Per Capita(PPP): $4600 Main Exports: copra (made from coconuts), kava (ancient crop for beverages), beef, cocoa, and timber 9% of possible land used for agriculture (also very sustainable) no environmental rehabilitation costs for quarrys Main Industries: agriculture, tourism, financial services, cattle raising Government: Parliamentary Democracy Has joined the Asian Development Bank, the World Bank, the International Monetary Fund, the Agence de Coopération Culturelle et Technique, la Francophonie and the Commonwealth of Nations 83 Islands 65 Inhabited 245,000 People 1.4% population growth Language: More than 100 local languages 72.6% English 1.9% French 1.4% (Governed in French & English) 75% literacy Obstacles to development: Limited government reach (language barrier) Nation of Islands, little land capital used little human capital Transportation Issues, poor Infrastructure European ban on Kava Potential: 6.6% real GDP growth last year New industry opening up: Manganese An english/french speaking populace could be more easily governed Agriculture produced could increase 7 fold in the next 50 years with the right governance EDUCATION INITIATIVE Bad governance solved through public language schooling A well managed english/french speaking populace becomes more productive & more open to the global economy Building public language schools: (10 Basic Language Schools) $500,000 MICRO CREDIT LOAN More State-owned Magnanese mines could be dug in order to produce more government revenue (to help with governance) Manganese Prices have doubled in the last year according to metalprices.com Mining Support from Australian Mainland: (2 Open Pit Mines) $8.5 Million MICRO CREDIT LOAN Loans for agricultural businesses to expand their land capital will aid growth, provide jobs for the unemployed (1.7%) realizing a their potential to supply a great deal of basic foodstuffs to South Pacific Island nations Loan for new farming equipment and to buy land: $350,000 Total Loan: $8.75 Million Egypt, Rwanda & Palestine have all experienced education initiative success stories in 2009 53 schools tested & improved quality in Egypt Memorandums of understanding made between government and internet providers for schools in Palestine MSPE training provided for teachers in Rwanda Exponential growth in credit group membership for microcredit loan schemes in Bangladesh accompany GDP growth
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