. The sale of postage stamps to foreign
collectors is an important source of revenue. The island in recent
years has suffered a serious loss of population because of migration
of Niueans to New Zealand. Efforts to increase GDP include the
promotion of tourism and a financial services industry.

Norfolk Island:
Tourism, the primary economic activity, has steadily
increased over the years and has brought a level of prosperity
unusual among inhabitants of the Pacific islands. The agricultural
sector has become self-sufficient in the production of beef,
poultry, and eggs.

Northern Mariana Islands:
The economy benefits substantially from
financial assistance from the US. The rate of funding has declined
as locally generated government revenues have grown. The key tourist
industry employs about 50% of the work force and accounts for
roughly one-fourth of GDP. Japanese tourists predominate. Annual
tourist entries have exceeded one-half million in recent years, but
financial difficulties in Japan have caused a temporary slowdown.
The agricultural sector is made up of cattle ranches and small farms
producing coconuts, breadfruit, tomatoes, and melons. Garment
production is by far the most important industry with employment of
12,000 mostly Chinese workers and sizable shipments to the US under
duty and quota exemptions.

Norway:
The Norwegian economy is a prosperous bastion of welfare
capitalism, featuring a combination of free market activity and
government intervention. The government controls key areas, such as
the vital petroleum sector (through large-scale state enterprises).
The country is richly endowed with natural resources - petroleum,
hydropower, fish, forests, and minerals - and is highly dependent on
its oil production and international oil prices; in 1999, oil and
gas accounted for 35% of exports. Only Saudi Arabia exports more oil
than Norway. Oslo opted to stay out of the EU during a referendum in
November 1994. Growth picked up in 2000 to 2.7%, compared to the
meager 0.8% of 1999, but may fall back in 2001. The government moved
ahead with privatization in 2000, even proposing the sale of up to
one-third of the 100% state-owned oil company Statoil. Despite their
high per capita income and generous welfare benefits, Norwegians
worry about that time in the next two decades when the oil and gas
begin to run out. Accordingly, Norway has b