Over the recent decades, travel and tourism have turned to be large contributors to the world's economy. Mountain regions host famous tourist destinations, generating employment and social integration, while taking part in the economic, service and infrastructure development. Tourism has become a major and essential source of revenue for several mountain areas, allowing
However, many people were still left unemployed. As more jobs in the region were lost there was a need to diversify the economy beyond fishing which then introduced the energy and mineral development sectors to the region (Bone, 2014). The ban and collapse of the cod fishing industry is said to be slowly improving but economy has kept moving along through diversification (Higgins, 2008). However, the loss of employment negatively impacted cod fish dependent
The economy of the region is highly dependent on its natural resource base for production and development activities. The presence of the international seaport in the region makes the place a convenient and strategic link to industrial and trading centers in Mindanao,
The reason that the opening of these routes Fare favorable to the marmite industry is that the Arctic is considered a faster and more direct route between eastern North America and Asia and ports in Europe. Currently, there is very little cargo going through this area, but it is predicted the over the next decade, especially since Russia plans on developing oil and gas fields in Siberia. Since the routes in the Arctic area will become more direct, the travel time could reduce to less than three weeks in some cases, the factor can potentially make Arctic routes more desirable than the southern ones in the coming decades. The impact that global warming will have on the maritime industry has two sides, a good one a bad one, but I what we cannot be sure of is that which one will outweigh the
The country is highly regarded in that the World Bank has classified it a “high-income economy”, the International Monetary Fund (IMF) as an “advanced economy”, and the Central Intelligence Agency (CIA) regards it as a “developed market”. This economic upsurge was greatly attributed to “manufacturing oriented exports and a highly educated workforce”. This is evident in the country’s high ranking in the Human Development Index (HDI) particularly on the Education Index where it occupies the top rank in Asia and 7th worldwide. In the Global Innovation Index, South Korea holds the title being the most innovative country. South Korea’s strategy also centered in growing the internationally-competitive, family-controlled conglomerates, chaebol, through easy financing and tax incentives.
The capital Jakarta becoming the focal point of these investments. The following study will focus on studying the internal dynamics of the sectors and its interdependence with the Indonesian economy. The real estate industry in Jakarta is booming, could this eventually have also negative impacts on the Indonesian economy? What are the solutions to avoid that? These are essentially the main questions that will be addressed by the
Maritime transport is essential to the world’s economy as over 90% of the world’s trade is carried by sea. It is one of the most effective ways to transport mass goods and raw materials around the world. However, port authorities and port operators all over the world are constantly faced with security issues when they are transporting goods. One of the main reasons why port and shipping activities are difficult to secure lies primarily in their topography. Ports are extensive, with day to night hustle and bustle.
The largest islands are the Kalimantan provinces on Borneo, Sumatra, Papua, Sulawesi and Java (where Jakarta is located). Nearly 60 percent of Indonesia 's land is forested and a significant portion is mountainous and volcanic. Centuries of volcanic activity has led to high degree of soil fertility on Java and Bali, which accounts in part for the high concentration of agriculture and people on these two islands. Ethnicity Majority of Indonesians are of Malay extraction. The remainder of the “pribumi” (natives) are Melanesian (in Papua and the eastern islands).
3 Identify the Major Changes in the External Context Maritime Logistics is affected by external contexts and for the coal segment, the most important external context that influences changes and developments in the maritime logistics is by far the environmental aspect. Coal is largely available and therefore significantly cheaper than other sources of energy. The counter side, however, is that it is extremely pollutive not only for its emissions but for the waste (ash) that it generates. Because there is an increasing aim to minimize emissions and greenhouse effect, all the other external events that have an impact on the maritime logistics of coal such as economic, policy, regulations and technologies are driven by the environmental aspect.