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Saturday, October 11, 2008

Discover Dominica! #6

The Dominican economy is dependent on both tourism and agriculture. Twenty percent of Dominican workers are in the agricultural sector, and Dominica's primary agricultural exports include tobacco, bananas, vegetables, citrus, copra, coconut oil, and essential oils such as bay oil. The country's industries, other than tourism, include soap, furniture, cement blocks, and shoes. Dominica is further benefited by the presence of an offshore Devry-owned medical school, Ross University, in the northern town of Portsmouth. Over 1,000 students mainly from USA and Canada live and study in Portsmouth.
Economy

The Dominican economy has high poverty (30%), high unemployment (23%), and a low per capita income (US$5,400) (see GDP). The Dominican economy has been hurt by problems in the banana industry. The entire economy suffers when weather conditions damage the banana crop or when the price of bananas falls. The European Union has phased out preferred access of Dominican bananas to its markets, causing banana demand to fall. In response, the Dominican government privatized the banana industry. The government has also moved to diversify the economy and has lifted price controls in an attempt to improve the lagging economy. The government is also trying to develop tourism, especially ecotourism. The lack of a large international airport (although expansion of Melville Hall Airport is underway) or sandy beaches limit opportunities for standard tourism, but the island's heavily rainforested landscape and beautifully preserved environment could lure those looking for unparalleled ecotourism experiences.

Agriculture

Bananas have traditionally formed the backbone of the island's economy. Between 1988 and 1999, banana production declined 63% with a 62% decline in export value, mainly due to the performance of the banana industry.[11]

Market day occurs each weekend in Roseau.




Tourism

Compared to many other Caribbean islands, Dominica's tourism industry may be considered to be underdeveloped (65,000 visitors per year). It does not have any world-famous chains of hotels.

Calibishie, on Dominica's northern coast


However, Dominica has a few famous tourist spots, such as the Indian River in Portsmouth, Emerald Pool, Trafalgar Falls, Scotts Head (where the Atlantic Ocean meets the Caribbean Sea), and the world's second-largest boiling lake, which is inside Morne Trois Pitons National Park. The national park, itself, has been designated a World Heritage Site. A 2005 New York Times article reported that locals, who believe an earthquake to be the most likely culprit, claim the boiling lake had diminished in volume and effect (in the sense of impressing visitors) in recent years .[12]
Rainforest at the Trafalgar Falls


This island country also has many excellent diving spots due to its steep drop-offs, healthy marine environment, and reefs.

In 2004, because of its natural beauty, Dominica was chosen to be one of the primary filming locations for Pirates of the Caribbean: Dead Man's Chest and its follow-up, At World's End. Hampstead Beach, Indian River, Londonderry River, Soufriere, and Vieille Case, which is situated on the island’s northern tip, were among the places selected for filming. The production ended on May 26, 2005. The cast and crew and their island hosts had a "Dominica Survivor Party".

Celebrity Cruises, Carnival Cruise Lines and Princess Cruise Lines Oceania Cruise Lines have made Dominica one of their ports of call. The pier is located in the capital city of Roseau and is a simple pier. Other Caribbean islands -- such as St. Thomas, Barbados, St. Lucia, and Antigua -- have more extensive cruise pier facilities.

The Dominica straw markets open on Tuesdays when the cruise ship docks. These shops are operated by locals and are located on the main street directly in front of the pier, as well as directly behind the Dominica Museum. No other straw markets are located on the north side of the island.

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