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The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. [8] It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016). Steady growth in tourism receipts and a boom in construction ...
Only about 0.8% of the Bahamas' land area is arable, about 140 square km (54 square miles). [5] Most arable land is on New Providence, Abaco, Andros, and Grand Bahama islands; challenges for Bahamian agriculture include limited fresh water resources for irrigation, the difficulties of inter-island transport of goods in the archipelago, a lack of human capital, the country's small size (which ...
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In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.
An economic impact analysis is commonly conducted when there is public concern about the potential impacts of a proposed project or policy. [1] [2] An economic impact analysis typically measures or estimates the change in economic activity between two scenarios, one assuming the economic event occurs, and one assuming it does not occur (which ...
This is who is affected by abortion legislation.
The Bahamas and the United States established diplomatic relations in 1973. [1] Historically, they have had close economic and commercial relations. The countries share ethnic and cultural ties, especially in education, and the Bahamas is home to approximately 30,000 American residents.
WASHINGTON − President Joe Biden’s pardon of his son Hunter Biden, who was convicted of federal gun charges and tax evasion, rocked the political world with Republican lawmakers and President ...