Tuesday 17 January 2012

Fiji's economy

Fiji's natural resources are; forest, minerals(gold, copper, offshore oil and hydro power), and fish resources. Fiji's garment industry is steadily growing but its sugar industry has shrunk even though the government has subsidized prices. The sugar industry takes up one third of Fiji's industry involvement. Fiji's tourism industry has increased majorly. Some of Fiji's main problems include low investment and fights over property rights. The political turmoil has had a largely negative impact on  the economy. Other countries are hesitant to trade with Fiji because of its military dictatorship(2008).

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