Pacific Basin Development Council
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Pacific Basin Development Council
The Pacific Basin Development Council is a non-profit organization that was established in early 1980s by the governors of the Northern Mariana Islands, American Samoa, Guam, and Hawaii. The Council is concerned with the economic and social development of the Pacific Islands, and conducts research and implements projects to that end. The Pacific Basin Development Council is managed by a board of directors. Withdrawal of Hawaii In 1996, Governor Ben Cayetano withdrew Hawaii from the Pacific Basin Development Council as part of state budget A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ... cuts. At that time, each of the four members of the Council paid annual dues of $63,000. Sources Pacific Islands Institutions
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Non-profit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Budget
A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows. Companies, governments, families, and other organizations use budgets to express strategic plans of activities in measurable terms. A budget expresses intended expenditures along with proposals for how to meet them with resources. A budget may express a surplus, providing resources for use at a future time, or a deficit in which expenditures exceed income or other resources. Government The budget of a government is a summary or plan of the anticipated resources (often but not always from taxes) and expenditures of that government. There are three types of government budget: the operating or current budget, the capital or investment budget, a ...
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Business In Hawaii
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated an ...
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Economy Of Guam
The economy of Guam depends mainly on US military spending and on tourist revenue. Over the past 20 years, the tourist industry grew rapidly, creating a construction boom for new hotels, golf courses and other tourist amenities. More than 1.1 million tourists visit Guam each year including about 1,000,000 from Japan and 150,000 from Korea. Setbacks in the 1990s include numerous super-typhoons, a M7.8 earthquake, and a Korean airline crash. More recently, SARS, the Iraq war and most importantly the Japan economy and accompanying yen-to-dollar adjustments have significantly impacted tourism with spending per person in retail and attraction sectors now nearly 50% compared to their peak in the mid-1990s. Nevertheless, as of 2005 tourism is finally starting to stabilize and recover. Most food and industrial goods are imported. As Guam's tourist economy continues to slowly recover, over $1 billion in military spending on the island is projected in the coming several years. The ...
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Economy Of American Samoa
The economy of American Samoa is a traditional Polynesian economy in which more than 90% of the land is communally owned. Economic activity is strongly linked to the United States, with which American Samoa conducts the great bulk of its foreign trade. Tuna fishing and processing plants are the backbone of the private sector, with canned tuna being the primary export. Transfers from the U.S. federal government add substantially to American Samoa's economic well-being. Attempts by the government to develop a larger and broader economy are restrained by Samoa's remote location, its limited transportation, and its devastating hurricanes. Statistics GDP: purchasing power parity – $537 million (2007 est.) ''country comparison to the world:'' 210 GDP (official exchange rate): $462.2 million (2005) GDP – real growth rate: 3% (2003) ''country comparison to the world:'' 139 GDP – per capita: purchasing power parity – $7,874 (2008) ''country comparison to the world:'' 120 G ...
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Economy Of The Northern Mariana Islands
The economy of the Northern Mariana Islands benefits substantially from financial assistance from the United States and tourism. The rate of funding has declined as locally generated government revenues have grown. An agreement for the years 1986 to 1992 entitled the islands to $228 million for capital development, government operations, and special programs. Since 1992, funding has been extended one year at a time. The Commonwealth received funding of $11 million for infrastructure, for FY96/97 through FY02/03, with an equal local match. Tourism A rapidly growing chief source of income is the tourist industry, which now employs around half of the workforce. Chinese and Korean tourists predominate. The agricultural sector is of minor importance and is made up of cattle ranches and small farms producing coconuts, breadfruit, tomatoes, and melons. Textile industry Garment production was an industry back then with employment of 12,000 mostly Chinese workers and shipments of $1 ...
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Non-profit Organizations Based In The United States
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Annual Dues
Annual may refer to: *Annual publication, periodical publications appearing regularly once per year **Yearbook **Literary annual *Annual plant *Annual report *Annual giving *Annual, Morocco, a settlement in northeastern Morocco *Annuals (band), a musical group See also * Annual Review (other) * Circannual cycle A circannual cycle is a biological process that occurs in living creatures over the period of approximately one year. This cycle was first discovered by Ebo Gwinner and Canadian biologist Ted Pengelley. It is classified as an Infradian rhythm, whi ...
, in biology {{disambiguation ...
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Ben Cayetano
Benjamin Jerome Cayetano (born November 14, 1939) is an American politician and author who served as the fifth governor of the State of Hawaii from 1994 to 2002. He is the first Filipino American to serve as a state governor in the United States. Early years Born in Honolulu, Hawaii, Cayetano was estranged from his mother at a young age. Cayetano was raised by his father in Kalihi, an ethnic Filipino neighborhood west of downtown Honolulu. He would grow up as a latchkey child. In Kalihi, he attended Wallace Rider Farrington High School, a public school aptly known locally as "Home of the Governors" as its buildings were named after several early Hawaii statesmen. The school was only a few blocks from his home. Cayetano received poor grades throughout his years at Farrington and was often disciplined by his teachers and counselors. He barely made marks qualifying him to graduate. Upon graduation Cayetano married Lorraine Gueco, his high school sweetheart. After the birth of h ...
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Governor
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments after their conquest by Rome. Plato used the metaphor of turning the Ship of State with a rudder; the Latin ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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Pacific Islands
Collectively called the Pacific Islands, the islands in the Pacific Ocean are further categorized into three major island groups: Melanesia, Micronesia, and Polynesia. Depending on the context, the term ''Pacific Islands'' may refer to one of several different concepts: (1) those countries and islands with common Austronesian origins, (2) the islands once (or currently) colonized, or (3) the geographical region of Oceania. This list of islands in the Pacific Ocean is organized by archipelago or border, political boundary. In order to keep this list of moderate size, the more complete lists for countries with large numbers of small or uninhabited islands have been hyperlinked. Name ambiguity and groupings The umbrella term ''Pacific Islands'' has taken on several meanings. Sometimes it is used to refer only to the islands defined as lying within Oceania Oceania (, , ) is a region, geographical region that includes Australasia, Melanesia, Micronesia, and Polynesia. Spann ...
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