In ancient times the Maldives were renowned for cowry shells, coir rope, dried tuna (fish Maldives), ambergris (Maavaharu) and sea Cocos (Tavakkaashi). Boat local and foreign employees at the expense of their products in Sri Lanka and transporting them to other ports in the Indian Ocean. From the 2nd century AD were the islands islands known as “money by the Arabs who dominated the trade routes of the Indian Ocean – Maldives given the enormous quantities of shells Cowry youth international information . The Cowry is now the symbol of the Maldives Monetary Authority.
Fishing is the second largest sector. Agriculture and manufacturing continue to play a small role in the economy, constrained by the limited availability of arable land and shortages of domestic labor. Most of basic food must be imported. The industry, which consists mainly of apparel production, boat building and handicrafts, accounts for about 7% of GDP.
The government of Maldives has launched an economic reform in 1989, initial assessments on imports and opening to remove some exports to the private sector. Later, he liberalizing regulations to allow more foreign investment. Real GDP growth has averaged more than 7.5% per annum for over a decade.
At the end of December 2004, a major tsunami left more than 100 dead, 12,000 displaced persons, and property damage exceeding $ 400 million. Because of the tsunami, GDP contract by about 3.6% from 2005. A rebound in tourism, the post-tsunami reconstruction, and development of new resources has helped the economy recover quickly and showed a 18% increase compared to 2006. Maldives scores in 2007 as the highest GDP per capita $ 4600 (summer 2007) between the South Asian countries, excluding rich Gulf Arab countries Tourism is the largest economic industry in Maldives, as it plays an important role in the income of foreign currency income and employment occur in the tertiary sector of the country. The archipelago of Maldives is the main source of attraction to many tourists visiting the country in the world.
The Maldives is famous for its natural beauty which includes the ocean blue and white beaches, with clean air and pleasant temperatures.
The climate of Maldives is ideal for visitors fiancent in water sports such as swimming, fishing, diving in the air navigate snorkel, water skiing and windsurfing. Because of its landscape and clean water submarines extraordinary Maldives is ranked among the best recreational diving destinations in the world.
A tourist resort in Maldives consists of an exclusive hotel on its own island, with its population entirely based on tourists and labor, not individuals or local houses. These islands developed for tourism are approximately 800 by 200 meters in size and consist of sand and coral to a maximum height of about 2 meters above the sea over its beach encircling the island, each Island Reef has its own home which serves as a coral garden and aquarium normal self divers and snorkelers. The deep water reef included the house also serves as a large pool normal and protects swimmers against ocean waves and strong tidal currents outside the reef home.
The buildings on a typical resource includes rooms and suites reserved for the use of its guests, restaurants, coffee shops, lounges, bars, discos and dive schools. A portion of the island also provides housing services and support staff such as catering, generators, laundry, plant and sewage. Stores On-island offer a range of products such as souvenirs and artifacts. Most of the resources offer a wide variety of activities such as aerobics, volleyball and ping-pong.
Some promoting eco-tourism is practiced in Maldives, with resources emphasizing the reuse of heat that is wasted by generating electricity and policies more stringent waste disposal. In addition, the government aims to conserve the natural beauty of the islands before they were changed in resources by imposing laws such as the prohibition of turtle contagious and reducing damage to coral reefs.
Nevertheless, the Maldives has frequently pointed criticism of their lack of protection of local populations of sharks, which have sharply decreased after being hunted intensively for decades. In some areas of the island, sharks have disappeared completely. Sharks are primarily hunted for their fins. Shark fin exported from Maldives to other countries in Asia, where they are considered a delicacy. The fins are amputees live animals, which are then returned alive in the sea
Although laws exist which prohibit this practice in Maldives, these laws are not respected or are not imposed by local authorities. In addition, there is a significant level of inequality on the islands with the revenue generated by tourism maintained by companies with relatively little “down net ” effect. Indeed, there have been some calls for an embargo on tourism since the government of Maldives has been accused of torture in its prisons of local activists critical of the regime
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