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ns: the monarchy is hereditary; high commissioner and commissioner appointed by the monarch; island mayor elected by popular vote for a three-year term; election last held December 2004 (next to be held December 2007) head of government: mayor and chairman of the Island Council Jay WARREN (since 15 December 2004) cabinet: NA Legislative branch: unicameral Island Council (10 seats - 5 elected by popular vote, 1 nominated by the 5 elected members, 2 appointed by the governor including 1 seat for the Island Secretary, the Island Mayor, and a commissioner liaising between the governor and council; elected members serve one-year terms) elections: last held 24 December 2003 (next to be held 24 December 2004) election results: percent of vote - NA; seats - all independents Judicial branch: Island Court (island magistrate, appointed by the governor, presides over the court) Political parties and leaders: none Political pressure groups and leaders: none International organization participation: UPU Diplomatic representation in the US: none (overseas territory of the UK) Diplomatic representation from the US: none (overseas territory of the UK) Flag description: blue with the flag of the UK in the upper hoist-side quadrant and the Pitcairn Islander coat of arms centered on the outer half of the flag; the coat of arms is yellow, green, and light blue with a shield featuring a yellow anchor Economy Pitcairn Islands Economy - overview: The inhabitants of this tiny isolated economy exist on fishing, subsistence farming, handicrafts, and postage stamps. The fertile soil of the valleys produces a wide variety of fruits and vegetables, including citrus, sugarcane, watermelons, bananas, yams, and beans. Bartering is an important part of the economy. The major sources of revenue are the sale of postage stamps to collectors and the sale of handicrafts to passing ships. GDP: purchasing power parity - NA GDP - real growth rate: NA GDP - per capita: purchasing power parity - NA GDP - composition by sector: agriculture: NA industry: NA services: NA Population below poverty line: NA Household income or consumption by percentage share: lowest 10%: NA highest 10%: NA Inflation rate (consumer prices): NA Labor force: 12 able-bodied men (1997) Labor force - by occupation: no business community in
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