ed from
a common roll and 14 are village representatives) election results:
percent of vote by party - NA%; seats by party - NPP 9, independents 11;
note - all 20 seats were reelected elections: last held 21 March 2002
(next to be held in March 2005)
Judicial branch: Supreme Court of New Zealand; High Court of Niue
Political parties and leaders: Niue People's Action Party or NPP
[Sani LAKATANI]
Political pressure groups and leaders: NA
International organization participation: ACP, ESCAP (associate), FAO,
Sparteca, SPC, SPF, UNESCO, WHO, WMO
Diplomatic representation in the US: none (self-governing territory in
free association with New Zealand)
Diplomatic representation from the US: none (self-governing territory
in free association with New Zealand)
Flag description: yellow with the flag of the UK in the upper hoist-side
quadrant; the flag of the UK bears five yellow five-pointed stars -
a large one on a blue disk in the center and a smaller one on each arm
of the bold red cross
Economy Niue
Economy - overview: The economy suffers from the typical Pacific
island problems of geographic isolation, few resources, and a small
population. Government expenditures regularly exceed revenues, and the
shortfall is made up by critically needed grants from New Zealand that
are used to pay wages to public employees. Niue has cut government
expenditures by reducing the public service by almost half. The
agricultural sector consists mainly of subsistence gardening, although
some cash crops are grown for export. Industry consists primarily of
small factories to process passion fruit, lime oil, honey, and coconut
cream. 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, although Premier LAKATANI announced in February 2002 that
Niue will shut down the offshore banking industry. Economic aid from
New Zealand in 2002 will be about $2.6 million.
GDP: purchasing power parity - $7.6 million (2000 est.)
GDP - real growth rate: -0.3% (2000 est.)
GDP - per capita: purchasing power parity - $3,600 (2000 est.)
GDP - composition by sector: agriculture: NA% industry: NA% services: 55%
Population below poverty line: NA%
Household income or consumption by percentage
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