Economy+Report

Economy: Agricultural scientist report:

Vegetables that grow best in tropical areas are :
 * "[|Amaranth](use leaf amaranth like spinach)
 * Arugula (rocket)
 * Asian Greens
 * Beans (try snake beans and winged beans in the tropics)
 * Bell Peppers
 * Cabbage
 * Capsicum (that's the Australian name for peppers)
 * Cassava (starchy tubers)
 * Ceylon Spinach
 * Chard (silverbeet, similar to spinach)
 * Chinese Cabbages
 * [|Chilli Peppers]
 * Cucumbers
 * Eggplant (aubergine)
 * Endive
 * Kang Kong (water spinach)
 * Lettuce
 * Luffa (angled luffa is a great zucchini substitute)
 * Okra
 * Peppers
 * Pumpkins
 * Radish
 * Rocket (arugula)
 * Silverbeet (chard, similar to spinach)
 * Squash
 * Sweet Corn
 * [|Sweet Potatoes](instead of normal potatoes)
 * Tomatoes
 * Water Chestnuts
 * Zucchini" (Bradtke, 2007, para. 4)

Other crops that grow well in tropical climates include:
 * Cotton
 * Cocoa
 * Hemp
 * Opium

Prices per kilo of vegetables: The price of Fruit and Vegetables in Australia… Government figures out today (source ABS), 29th July 2009 show the following prices for various Fruit and Vegetables per kilo, in the Brisbane area.
 * $3.10 Oranges
 * $2.60 Bananas - now $13 kg
 * $2.02 Potatoes
 * $3.59 Tomatoes
 * $1.94 Carrots
 * $2.40 Onions
 * cocoa - $1.75 per kilo
 * coca - $3000 //per kilo//

Prices of specific crops per pound:
 * $25 per gram Hemp
 * Wholesale //price//, $3000 //per kilogram//. Retail //price//, $16000 //per kilogram// Opium
 * This report also places a value of domestically grown marijuana at $1,606 per pound.

From an ecomony point of view, I feel the the crops that would create the biggest profit gain (from exporting) would be medicinal crops i.e. hemp, coca and opium. Other crops, export that would be worth farming include marine life (i.e. fish, lobsters, crabs), bananas, coconuts, breeding chickens.


 * Economy.**

Initial funding should be used to set up integral infrastructure such as; -roads -telecommunications -hospitals -energy sources -schools -transport -banks -law enforcement

A temporary governing body (possibly from the UN) will regulate what money is spent onand how much will be spent. Setting up a port for ships is important to begin international trade. Also from an economical standpoint, it should be a high priority to begin drilling the offshore oil fields. Demand for crude oil is high and from the information given the island should be more than capable of supplying efficient amounts. This will take time, money and manpower to set-up but once established should offer high profit yield, making it the Islands best option for money making. Inevitable, just depands on how much to tax the residents. Percentage to which residents are taxed will depend on income brackets to be decided upon by the bank once set up. Interest rates will also be determined by a board from the bank. Image from []
 * Tax**

- How much residents are taxed will depend on the income they earn. Plenty of beach space to offer accommodation, possibly to passing cruise ships or to general visitors. Also the mountain area for a more 'adventurous' holiday experience.
 * Tourism**

This could establish a relationship with the cruise compnay "P & O" so tourists can access the Island by ship via our port. Or another idea is to allow small aircrafts access the island vis the water, however a small aircraft may not be able to fly for long distances which may make it difficult and expensive for tourists to visit the island.

"In 2009, the number of international tourists arriving in Indonesia climbed 3.6% to 6.45 million arrivals from 6.43 million in 2008. The subsequent economical impact of this tourist influx in 2009 saw $6.3 billion US dollars spent by international tourists in Indonesia, at an average spend of US$129.57 per day and US$995.93 per visit." (Wikipedia, 2011, para, 3)


 * Crops**

The most suitable crops for export would be the ones already there, that being cotton and flax. These are two high demand products, further forecasting may be needed to see if profit can be made by export alone, if not perhaps a fair trade agreement might be able to be set up with nearby countries who can offer The Island goods we don't have in exchange for these crops (if we can't be competitive on the market). The agricultural scientists suggestion of growing medicinal drugs such as hemp and opium is something that would need to be discussed more in-depth. Of the two opium would be better to produce from a money point of view. Opium is controlled and strongly monitored by the UN already. It would depend on how much land was available before we could decided whether it was worthwhile cultivating.

The other foods and fruits on the island could be used and sold locally as well as used for export. Also fair trade agreements can set up if the amount being exported isn't competitive. The easiest option for export and import would be via shipping which is why it is important to set up a wharf/docks early on in the islands development.

Legalising the intake of marijuana ( to an extent) will bring in the tourisim too (like Amstardam)

Statistics from: []

[]

[]

Wikipedia, (2011). //Tourism in Indonesia.// Retrieved 18th August 2011 from []