Economy Of Jersey
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Economy Of Jersey
The economy of Jersey is a highly developed social market economy. It is largely driven by international financial services and legal services, which accounted for 39.5% of total GVA in 2019, a 4% increase on 2018. Jersey is considered to be an offshore financial centre. Jersey has the preconditions to be a microstate, but it is a self-governing Crown dependency of the UK. It is considered to be a corporate tax haven by many organisations. Other sectors include construction, retail, agriculture, tourism and telecommunications. Before the Second World War, Jersey's economy was dominated by agriculture, however after liberation, tourism to the island became popular. More recently, the finance industry recognised worth in operating in Jersey, which has now become the island's dominant industry. In 2017, Jersey's GDP per capita was one of the highest in the world at $55,324. In 2019, the island's economy, as measured by GVA, grew by 2.1% in real terms to £4.97 billion. In Decembe ...
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St Helier
St Helier (; Jèrriais: ; french: Saint-Hélier) is one of the twelve parishes of Jersey, the largest of the Channel Islands in the English Channel. St Helier has a population of 35,822 – over one-third of the total population of Jersey – and is the capital of the island. The town of St Helier is the largest settlement and only town of Jersey. The town consists of the built-up areas of St Helier, including First Tower, and parts of the parishes of St Saviour and St Clement, with further suburbs in surrounding parishes. The greater part of St Helier is rural. The parish covers a surface area of , being 9% of the total land area of the island (this includes reclaimed land area of or 200  ha). The growth of the town has been described as "spasmodic", its expansion reflecting waves of migration to the island. The parish arms are two crossed gold axes on a blue background, the blue symbolising the sea, and the axes symbolising the martyrdom of Helier at the hands of Sax ...
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Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drumb ...
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History Of Jersey
Jersey is the largest of the Channel Islands, an island group in the English Channel near France. Although not geographically part of the archipelago of the British Isles, politically and culturally the islands are generally accepted as such. The Channel Islands are the last remnants of the medieval Duchy of Normandy that held sway in both France and England. The islands remained loyal to the English crown after the return of Normandy to France in 1204 and have enjoyed self-government since. Jersey and the rest of the Channel Islands are notable for being the only part of the British Isles to be occupied by Nazi Germany during World War II. The most widely regarded history of Jersey is ''Balleine's History of the Island of Jersey'', written by G. R. Balleine in 1959, and later adapted by the Société Jersiaise, most notably two of its members Marguerite Syvret and Joan Stevens. Name of the island Although Jersey was part of the Roman world, there is a lack of evidence to giv ...
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British Isles
The British Isles are a group of islands in the North Atlantic Ocean off the north-western coast of continental Europe, consisting of the islands of Great Britain, Ireland, the Isle of Man, the Inner and Outer Hebrides, the Northern Isles, and over six thousand smaller islands."British Isles", ''Encyclopædia Britannica''. They have a total area of and a combined population of almost 72 million, and include two sovereign states, the Republic of Ireland (which covers roughly five-sixths of Ireland), and the United Kingdom of Great Britain and Northern Ireland. The Channel Islands, off the north coast of France, are normally taken to be part of the British Isles, even though they do not form part of the archipelago. The oldest rocks are 2.7 billion years old and are found in Ireland, Wales and the northwest of Scotland. During the Silurian period, the north-western regions collided with the south-east, which had been part of a separate continental landmass. The ...
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Knitting
Knitting is a method by which yarn is manipulated to create a textile, or fabric. It is used to create many types of garments. Knitting may be done by hand or by machine. Knitting creates stitches: loops of yarn in a row, either flat or in ''the round'' (tubular). There are usually many ''active stitches'' on the knitting needle at one time. Knitted fabric consists of a number of consecutive rows of connected loops that intermesh with the next and previous rows. As each row is formed, each newly created loop is pulled through one or more loops from the prior row and placed on the ''gaining needle so'' that the loops from the prior row can be pulled off the other needle without unraveling. Differences in yarn (varying in fibre type, ''weight'', uniformity and ''twist''), needle size, and stitch type allow for a variety of knitted fabrics with different properties, including color, texture, thickness, heat retention, water resistance, and integrity. A small sample of kn ...
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Textile Industry
The textile industry is primarily concerned with the design, production and distribution of yarn, cloth and clothing. The raw material may be natural, or synthetic using products of the chemical industry. Industry process Cotton manufacturing Cotton is the world's most important natural fibre. In the year 2007, the global yield was 25 million tons from 35 million hectares cultivated in more than 50 countries. There are five stages of cotton manufacturing: * Cultivating and Harvesting * Preparatory Processes * Spinning — giving yarn * Weaving — giving fabrics * Finishing — giving textiles Synthetic fibres Artificial fibres can be made by extruding a polymer, through a spinneret (polymers) into a medium where it hardens. Wet spinning (rayon) uses a coagulating medium. In dry spinning (acetate and triacetate), the polymer is contained in a solvent that evaporates in the heated exit chamber. In melt spinning (nylons and polyesters) the extruded polymer is cooled in gas or ...
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Corn Riots
The Corn Riots, also known as the Jersey Revolution, was a revolt which took place in the European island-country of Jersey on . In an example of direct action against government oppression, under the government of Lieutenant Bailiff Charles Lemprière, hundreds of Jerseymen marched from the north of the island to the south and occupied the Royal Court. The revolt is a significant point in Jersey political history, as the powers of legislation were removed from the Royal Court and placed in the States Assembly. The causes of the revolt were centred around the balance of power between the island's parliament, the States, and the Royal Court, both of which had powers to create legislation. An anti- Seigneurial sentiment—opposition to the feudal economic system—also contributed to the popular revolt. The spark for the riots was a corn shortage, in part caused by decisions of the ruling classes, which turned the urban population against the States. Background 18th century u ...
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Orchard
An orchard is an intentional plantation of trees or shrubs that is maintained for food production. Orchards comprise fruit- or nut-producing trees which are generally grown for commercial production. Orchards are also sometimes a feature of large gardens, where they serve an aesthetic as well as a productive purpose. A fruit garden is generally synonymous with an orchard, although it is set on a smaller non-commercial scale and may emphasize berry shrubs in preference to fruit trees. Most temperate-zone orchards are laid out in a regular grid, with a grazed or mown grass or bare soil base that makes maintenance and fruit gathering easy. Most modern commercial orchards are planted for a single variety of fruit. While the importance of introducing biodiversity is recognized in forest plantations, it would seem to be beneficial to introduce some genetic diversity in orchard plantations as well by interspersing other trees through the orchard. Genetic diversity in an orchard would p ...
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Cash Crop
A cash crop or profit crop is an Agriculture, agricultural crop which is grown to sell for profit. It is typically purchased by parties separate from a farm. The term is used to differentiate marketed crops from staple crop (or "subsistence crop") in subsistence agriculture, which are those fed to the producer's own livestock or grown as food for the producer's family. In earlier times, cash crops were usually only a small (but vital) part of a farm's total yield, while today, especially in Developed country, developed countries and among Smallholding, smallholders almost all crops are mainly grown for revenue. In the Least developed country, least developed countries, cash crops are usually crops which attract demand in more developed nations, and hence have some export value. Prices for major cash crops are set in international trade markets with global markets, global scope, with some local variation (termed as "basis") based on Cargo, freight costs and local supply and demand ...
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Cider
Cider ( ) is an alcoholic beverage made from the fermented juice of apples. Cider is widely available in the United Kingdom (particularly in the West Country) and the Republic of Ireland. The UK has the world's highest per capita consumption, as well as the largest cider-producing companies. Ciders from the South West of England are generally higher in alcoholic content. Cider is also popular in many Commonwealth countries, such as India, Canada, Australia, and New Zealand. As well as the UK and its former colonies, cider is popular in Portugal (mainly in Minho and Madeira), France (particularly Normandy and Brittany), Friuli, and northern Spain (specifically Asturias). Central Europe also has its own types of cider with Rhineland-Palatinate and Hesse producing a particularly tart version known as Apfelwein. In the U.S., varieties of fermented cider are often called ''hard cider'' to distinguish alcoholic cider from non-alcoholic apple cider or "sweet cider", also made from ...
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Enclosure
Enclosure or Inclosure is a term, used in English landownership, that refers to the appropriation of "waste" or " common land" enclosing it and by doing so depriving commoners of their rights of access and privilege. Agreements to enclose land could be either through a formal or informal process. The process could normally be accomplished in three ways. First there was the creation of "closes", taken out of larger common fields by their owners. Secondly, there was enclosure by proprietors, owners who acted together, usually small farmers or squires, leading to the enclosure of whole parishes. Finally there were enclosures by Acts of Parliament. The primary reason for enclosure was to improve the efficiency of agriculture. However, there were other motives too, one example being that the value of the land enclosed would be substantially increased. There were social consequences to the policy, with many protests at the removal of rights from the common people. Enclosure riots a ...
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Saint-Malo
Saint-Malo (, , ; Gallo: ; ) is a historic French port in Ille-et-Vilaine, Brittany, on the English Channel coast. The walled city had a long history of piracy, earning much wealth from local extortion and overseas adventures. In 1944, the Allies heavily bombarded Saint-Malo, which was garrisoned by German troops. The city changed into a popular tourist centre, with a ferry terminal serving the Channel Islands of Jersey and Guernsey, as well as the Southern English settlements of Portsmouth, Hampshire and Poole, Dorset. The famous transatlantic single-handed yacht race Route du Rhum, which takes place every four years in November, is between Saint Malo and Pointe-à-Pitre in Guadeloupe. Population The population in 2017 was 46,097 – though this can increase to up to 300,000 in the summer tourist season. With the suburbs included, the metropolitan area's population is approximately 133,000 (2017). The population of the commune more than doubled in 1967 with the merging ...
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