Financial Development

Financial Development in Comoros Nick Lyman GEOG 2253 Mr. Subanthore 10/28/2011 I am writing about the financial problems and development of the island of Comoros because the Comoros Islands is matchless of the poorest countries in the world. The Comoros Islands have extremely inadequate conveyance links, a population that is quickly growing, and very few natural resources (The World Factbook: Comoros). In 1994 Comoros per capita gross national product (GNP) was estimated at US$400, which is unitary of the lowest in the world (Comoros - Economy). I will investigate the financial problems in the Comoros Islands by go through all of the debts and actions that it has taken to get out of debt and help the saving of the orbit. Comoros is an extremely small domain with not even one million people populating the country. The amount of people in the country is still way too many than the country would like. The Comoros Islands atomic number 18 composed of tetrad isl ands that atomic number 18 laid in the Mozambique head that is located in the Indian nautical in betwixt Madagascar and Mozambique (Kostopoulos & adenylic acid; Fengler, 2001). Comoros has a total of four islands; Grand Comore, Anjouan, Moheli, and Mayotte (Kostopoulos & adenosine monophosphateere; Fengler, 2001).

In 1974 Comore, Anjouan, and Moheli all voted for independence (Kostopoulos & Fengler, 2001). Mayotte chose to stay low the administration of the French when the other islands voted for independence (Kostopoulos & Fengler, 2001). The governmental history has been very inconsistent and the l eaders has changed often since the independe! nce. (Kostopoulos & Fengler, 2001). The economy in Comoros is awful, to say the least. They are at the piece of ass of the statistics in almost every category involving economic developments. The raising take of the labor issue in Comoros is extremely low, which contributes to the flavour of the economic activity and laid-back unemployment (The World Factbook: Comoros). With the education level so low and the put out of...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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