Monthly Archives: February 2013

Converging Currents of Globalization

These islands experienced a period of rapid growth in 1960s and 1970s, but failed to develop in the 1980s. Urbanization and expansion of the service sector have added to the islands Gross Domestic Product growth. Sugar export and the tourism industry are major sources of foreign exchange. The estimated Gross Domestic Product of the country is 3.131 billion dollars. As the country now diversifies into small scale industries which strengthened and revenues provide for expanded public works, medical services and education .The country’s central position in the region has been strengthened by recent developments in the sea and air communications. Today’s, Fiji plays a major role in regional affairs and is recognized as the important part of the South Pacific.

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