Tuesday, January 6, 2015

Meet the Falkland Islands (Day Six)

According to today's feature article on Wikipedia, "The Falkland Islands are a self-governing British Overseas Territory. Under the 2009 Constitution, the islands have full internal self-government; the UK is responsible for foreign affairs, retaining the power 'to protect UK interests and to ensure the overall good governance of the territory.'"

Nevertheless, "[t]he Monarch of the United Kingdom is the head of state, and executive authority is exercised on the monarch's behalf by the Governor, who in turn appoints the islands' Chief Executive on the advice of members of the Legislative Assembly. Both the Governor and Chief Executive serve as the head of government."

Due to the long disputed history of this South American archipelago, the United Kingdom is not only the nation claiming ownership. Argentina claims the Falkland Islands, as well. But as it stands currently, "[t]he UK's position is that the Falklanders have not indicated a desire for change, and that there are no pending issues to resolve concerning the islands."

With a population of only 2,932 inhabitants (as of 2012), the "economy of the Falkland Islands is ranked the 222nd largest out of 229 in the world by GDP (PPP), but ranks 10th worldwide by GDP (PPP) per capita."

The economic development of the Falkland Islands "was advanced by ship resupplying and sheep farming for high-quality wool." Moreover, "[v]irtually the entire area of the islands is used as pasture for sheep." So important sheep farming is to these tiny islands that their national flag even bears an sheep on it.

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