Economy Of Belize
The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered oil in the town of Spanish Lookout has presented new prospects and problems for this developing nation. Belize's primary exports are citrus, sugar, and bananas. Belize's trade deficit has been growing, mostly as a result of low export prices for sugar and bananas. The new government faces important challenges to economic stability. Rapid action to improve tax collection has been promised, but a lack of progress in reining in spending could bring the exchange rate under pressure. The Belize dollar is fixed to the U.S. dollar at a rate of 2:1. The domestic industry is limited, constrained by relatively high-cost labour and energy and a small domestic market. Tourism attracts the most foreign direct investment although significant foreign investment is also found in the energy, telecommunications, and agricultu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Belize City
Belize City is the largest city in Belize. It was once the capital city, capital of the former British Honduras. According to the 2022 census, Belize City has a population of 63,999 people. It is at the mouth of the Haulover Creek, which is a distributary of the Belize River. The Belize River empties into the Caribbean Sea from Belize City on the Philip Goldson Highway on the coast of the Caribbean Sea, Caribbean. The city is the country's principal port and its financial and industrial hub. Cruise ships drop anchor outside the port and are tendered by local citizens. The city was almost entirely destroyed in October 1961 when Hurricane Hattie swept ashore. It was the capital of British Honduras (as Belize was then named) until the government was moved to the new capital of Belmopan in 1970. History Belize City English settlement of Belize, was founded as "Belize Town" in 1638 by Baymen, English lumber harvesters. It had been a small Maya peoples, Maya settlement called ''Ho ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Observatory Of Economic Complexity
The Observatory of Economic Complexity (OEC) is an online data visualization and distribution platform for international trade data designed and owned bDatawheel Through interactive visualizations, the OEC aims to make global trade data accessible and understandable. The site consists of a series of periodically updated profiles dedicated to exploring trade data for countries and their regions, companies, products, and international organizations. It also features bilateral profiles that allow exploring the trade relationships between different countries and between countries and products. The platform has developed an arrangement of tools dedicated to exploring trade datasets and making data cuts with its Data, Company, and Trend Explorers or building custom visualizations with its Viz builder. The OEC also features economic complexity data through indicators, maps, rankings, and publications, making it a resource for researchers, trade experts, businesses, students, and other ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banana Production In Belize
Banana production in Belize accounted for 16 percent of total Belizean exports in 1999. Banana production was aided in the 1990s by privatization and market and production. Banana production in Belize fluctuates, falling from in 1994 to in 1995 before rising back to in 1999. Banana production in Belize began in the late nineteenth century when it was a British colony, when American and British investors established the first plantations. Over the last 70 years, the pattern of banana production has gradually shifted away from large scale American and British owned company production to smaller-scale localised indigenous farming primarily targeted at the European market. History The Banana trade began between British Honduras and New Orleans. Commerce was wiped out in the 1920s by an outbreak of the Panama disease. Plantations were destroyed again by hurricanes in 1975 and 1978. The subsequent takeover of banana cultivation by the Banana Control Board, a public enterprise, ha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Arable Land
Arable land (from the , "able to be ploughed") is any land capable of being ploughed and used to grow crops.''Oxford English Dictionary'', "arable, ''adj''. and ''n.''" Oxford University Press (Oxford), 2013. Alternatively, for the purposes of agricultural statistics, the term often has a more precise definition: A more concise definition appearing in the Eurostat glossary similarly refers to actual rather than potential uses: "land worked (ploughed or tilled) regularly, generally under a system of crop rotation". In Britain, arable land has traditionally been contrasted with pasturable land such as heaths, which could be used for sheep-rearing but not as farmland. Arable land is vulnerable to land degradation and some types of un-arable land can be enriched to create useful land. Climate change and biodiversity loss are driving pressure on arable land. By country According to the Food and Agriculture Organization of the United Nations, in 2013, the world's arable land amo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Apparel
Clothing (also known as clothes, garments, dress, apparel, or attire) is any item worn on a human human body, body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head, and underwear covers the intimate parts. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, and insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against cold or hot conditions, and it can provide a hygienic barrie ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Citrus
''Citrus'' is a genus of flowering trees and shrubs in the family Rutaceae. Plants in the genus produce citrus fruits, including important crops such as oranges, mandarins, lemons, grapefruits, pomelos, and limes. ''Citrus'' is native to South Asia, East Asia, Southeast Asia, Melanesia, and Australia. Indigenous people in these areas have used and domesticated various species since ancient times. Its cultivation first spread into Micronesia and Polynesia through the Austronesian expansion (–1500 BCE). Later, it was spread to the Middle East and the Mediterranean () via the incense trade route, and from Europe to the Americas. Renowned for their highly fragrant aromas and complex flavor, citrus are among the most popular fruits in cultivation. With a propensity to hybridize between species, making their taxonomy complicated, there are numerous varieties encompassing a wide range of appearance and fruit flavors. Evolution Evolutionary history The large cit ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mahogany
Mahogany is a straight- grained, reddish-brown timber of three tropical hardwood species of the genus ''Swietenia'', indigenous to the AmericasBridgewater, Samuel (2012). ''A Natural History of Belize: Inside the Maya Forest''. Austin: University of Texas Press. pp. 164–165. . and part of the pantropical chinaberry family, Meliaceae. Mahogany is used commercially for a wide variety of goods, due to its coloring and durable nature. It is naturally found within the Americas, but has also been imported to plantations across Asia and Oceania. The mahogany trade is believed to have started as early as the 16th century and flourished throughout the 17th and 18th centuries. In some countries, mahogany is classified as an invasive species. Mahogany is wood from any of three tree species: Honduran or big-leaf mahogany ('' Swietenia macrophylla''), West Indian or Cuban mahogany ('' Swietenia mahagoni''), and '' Swietenia humilis''. Honduran mahogany is the most widespread and the only g ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Logwood
''Haematoxylum campechianum'' (blackwood, bloodwood tree, bluewood, campeachy tree, campeachy wood, campeche logwood, campeche wood, Jamaica wood, logwood or logwood tree) is a species of flowering tree in the legume family, Fabaceae, that is native to southern Mexico, and introduced to the Caribbean, northern Central America, and other localities around the world. The tree was of great economic importance from the 17th century to the 19th century, when it was commonly logged and exported to Europe for use in dyeing fabrics. The modern nation of Belize developed from 17th- and 18th-century logging camps established by the English. The tree's scientific name means "bloodwood" (''haima'' being Greek for blood and ''xylon'' for wood). Uses ''Haematoxylum campechianum'' was used for a long time as a natural source of dye. The woodchips are still used as an important source of haematoxylin, which is used in histology for staining. The bark and leaves are also used in various medi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Forestry
Forestry is the science and craft of creating, managing, planting, using, conserving and repairing forests and woodlands for associated resources for human and Natural environment, environmental benefits. Forestry is practiced in plantations and natural Stand level modelling, stands. The science of forestry has elements that belong to the biological, physical, social, political and managerial sciences. Forest management plays an essential role in the creation and modification of habitats and affects ecosystem services provisioning. Modern forestry generally embraces a broad range of concerns, in what is known as multiple-use management, including: the provision of timber, fuel wood, wildlife habitat, natural Water resources, water quality management, recreation, landscape and community protection, employment, aesthetically appealing landscapes, biodiversity management, watershed management, erosion control, and preserving forests as "Carbon dioxide sink, sinks" for Earth's atmosp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tax Haven
A tax haven is a term, often used pejoratively, to describe a place with very low tax rates for Domicile (law), non-domiciled investors, even if the official rates may be higher. In some older definitions, a tax haven also offers Bank secrecy, financial secrecy. However, while countries with high levels of secrecy but also high rates of taxation, most notably the United States and Germany in the Financial Secrecy Index (FSI) rankings, can be featured in some tax haven lists, they are often omitted from lists for political reasons or through lack of subject matter knowledge. In contrast, countries with lower levels of secrecy but also low "effective" rates of taxation, most notably Ireland in the FSI rankings, appear in most . The consensus on ''effective tax rates'' has led academics to note that the term "tax haven" and "offshore financial centre" are almost synonymous. In reality, many offshore financial centers do not have harmful tax practices and are at the forefront among ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Trade Deficit
Balance of trade is the difference between the monetary value of a nation's exports and imports of goods over a certain time period. Sometimes, trade in services is also included in the balance of trade but the official IMF definition only considers goods. The balance of trade measures a flow variable of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other. If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, about 60 out of 200 countries have a trade surplus. The idea that a trade deficit is detrimental to a nation's economy is often rejected by modern trade experts and economists. Explanation The balance of trade forms part of the current account, which includes other transactions such as ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |