MIT Homepage

 

Bibliography

 

The Americas: Blooming desert; Peru The EconomistLondon: (Jul 9, 2005).Vol.376Iss. 8434;  pg. 45

 

Farming in Peru is crucial to its economy. Peru’s main exports are vegetables and tropical fruit and it totaled $1.1 million in 2004. All the produce is grown on the coastal desert, and should this area be wiped out, we must account for all the collapsing factors of a ruined economy. The farming industry not only sustains Peru’s economy, but it also creates jobs for at least 40,000 people.

 

 The Americas: Halting the rush against gold; Mining in Peru The EconomistLondon: (Feb 5, 2005).Vol.374Iss. 8412;  pg. 48

 

Mining in Peru is a prominent component of the economy. The Yanacocha gold mine near Cajamarca is one of the world’s biggest and most profitable gold mines. There have been many complaints over this prospering industry. It is beneficial in the sense that it is 55% of total exports from Peru, but the gold sediments are deteriorating the quality of the drinking water in the area. There have been extra sediments found in rivers and it kills the trout.

 

 

Micronesia: Lifelines grow short, Woodard, ColinBulletin of the Atomic ScientistsChicago: (Nov/Dec 1998).Vol.54Iss. 6;  pg. 16, 3 pgs

 

Micronesia’s economy is highly dependent on the United States for support. United States assistance generally is the economy. Without the US, Micronesia would be nothing because US controls it by “free association.” Most of the imported goods are paid for with government spending and provided by US grants.

 

Chapter 2: Economic Outlook. Peru Business Forecast Report, (2005) 4th Quarter, p8-16, 9p;

 

A forecast report of the economy conditions of Peru. Peru relies heavily on export. Export has grown due to mineral mining and refining with the aid of private investment from such countries as the United States, the United Kingdom, China, Chile, and Brazil. Copper, as of 2004, accounts for 20% of total exports. Peru currently has a debt and is struggling to repay it. This source provides statistical and factual data.

 

Background Notes on Countries of the World: Micronesia; (Oct2004), p1-5, 5p, 1c

 

Micronesia is heavily supported by the United States. The US provides food, manufactured goods, and fuel. More than half of the nation is employed in government services such as education, health, and infrastructure. The fishing industry is not as prominent as one would expect, although foreign countries buy rights to fish in Micronesia territorial waters. There are about 15,000 tourists every year and the main tourist attraction is scuba diving.

 

 

AGRICULTURE-PERU: DESPITE ADVANCES, SUGAR INDUSTRY LOSES GROUND Lama, AbrahamGlobal Information NetworkNew York: (Jun 7, 2002). pg. 1

 

Sugar is one of Peru’s products and there are some statistics in this article about the effects of sugar on the economy now. Sugarcane is an investment of over $200 million. Peru is becoming self-sufficient in sugar with a 40% increase in land reserved for this industry. Although sugar is not the main produce, it still provides jobs for some 150,000 workers. 

 

http://www.unep.org/tsunami/reports/TSUNAMI_SRILANKA_LAYOUT.pdf

 

This website is the report of UNEP and how they are going about the reconstruction of Sri Lanka. It considers many factors attached the rebuilding of a tsunami-destroyed site. There are some facts that can relate to Peru and Micronesia. 27,000 of the fatalities were fishermen and two-thirds of the nation’s fishing boats were wrecked, both resulting in the loss of many jobs. It is most difficult to get the economy back up on its feet when the skilled people do not have their tools and their clientele have nothing to offer. When the tsunami hit, it when tourism was at its peak. This disaster undoubtedly will have a grave effect on future tourism in the area. 

 

What Went Right--and Wrong. Elegant, Simon. Time International(Asia ed.). New York: (April 4, 2005).Vol.165Iss. 13;  pg. 26

 

This sheds light on what we should be thinking about after the tsunami has hit, given that this tragedy has happened in the past. We need to offer better comfort to those who need it. A problem that is occurring is that many non-governmental organizations are not acting in compliance with the government, so the aid was allocated unfairly and those who “cheated” the system, often selling their excess for profit. A good aspect to consider is the containment of disease by use of chlorine tablets and oral rehydration tablets to fight diarrhea.

 

 

Guam: Gateway to Micronesia. Hornsby, Al. Skin DiverLos Angeles: (Apr 1995).Vol.44Iss. 4;  pg. 112

 

Tourism is a big part of Guam’s economy and this article names all the popular sites. These include: The Crevice, The Blue Hole, the Tokai Maru and SMS Cormoran (very popular because these were warships), Barracuda Rock, Hap’s Reef, and Finger Reef. The locations of these dives are described.  If these places should be ruined, we must find another way to revive the tourism in the area.

 

Yap's three best dives. Murphy, Geri. Skin Diver. Los Angeles: (Oct 1994).Vol.43Iss. 10;  pg. 48

 

There is different tourism in different parts of Micronesia. In the Yap Islands, diving is the biggest fueling source for the economy there. The specific diving areas are what sustains Micronesia’s economy.

 

Peru: Markets, Government and the Sources of Growth. Department of Economics: Universidad del Pacifico. Carranza E., Fernandez-Baca, J., & Moron, E. (2002, October 7).

 

Natural resources and other factors leading to the stagnant growth of Peru are listed. Peru has a large supply of natural resources. They are minerals, fishing, forests, and fertile valleys in the coast.

 

Peru economy: Agriculture update. Economist Intelligence unit – ViewsWire. (January 24, 2003)

 

This article lists the agriculture of Peru. Peru produces cotton, rice, coffee, sugar cane, beans, yellow corn, and potato. As far as livestock is concerned, poultry is noted. We need to consider where these farms are located and see which produce would be in harm’s way, should a tsunami occur.

 

Promoting aquaculture: Peru is trying to develop fish farming -- in lakes and coastal tanks -- as a complement to the established trawling industry. Foreign companies are most likely to take advantage of the new opportunities. Latin Finance (March 1 2002)

 

Peru has rich fishing grounds. They have been trying to develop fish farming by utilizing lakes and coastal tanks. Fisheries account for 12% of Peru’s total exports. Each year, Peru collects 8.3 metric tons of anchovy. Peru is the world leader in fishmeal, providing 30% of the total global output. Fishing gives jobs directly to about 100,000 seamen. There are 1000 large boats and about 7000 small ones. In Sri Lanka, many of the boats were damaged and thought must be put into how to save the fishing fleet.

 

Images of Micronesia. Mahaney, CaseyWitte, Astrid. Skin DiverLos Angeles: (Jun 1999).Vol.48Iss. 6;  pg. 91, 6 pgs

 

Descriptions of the different islands of Micronesia and an overall conception of the country we are studying about. Palau is known for its diving sites such as  the Peleliu Express, the BlueCorner, the Big Drop-off, and the Ulong Channel. There are other islands, namely Cuuk, Yap, Guam, Marshall Islands, Kosrae, and Pohnpei. The scenery is described to be mainly unharmed by human interaction and many stay near the coastal lines.

 

Development: Peru, Potato Capital of the World, Offers New. Suri, Sanjay. Global Information NetworkNew York: (Jan 18, 2005). pg. 1

 

Potato is a big crop and source of food in Peru. There are more than 2,000 varieties of potato and in Cusco, there is a potato park that produces about 700 varieties of potato. Potato is important in Peru and to the people.

 

Economic development, Whisler, J. Steven. Vital Speeches of the DayNew York: (Oct 1, 2003).Vol.69Iss. 24;  pg. 756

 

Another article on Peru and mining, providing statistics of the number of jobs it creates and how it develops the nation. Mining is a leading sector in Peru’s economy. There are about $240 million in new investments in the mine. There is light shed on the depletion of these mineral resources.

 

Government-supported, village-based management of marine resources in Vanuatu – managing marine resources in Palau, Micronesia. Johannes, R. E. Ocean and Coastal Management, Volume 40, Number 2, (August 1998) pp. 165-186(22)

 

In this article, all the aqualife that can be fished and how collaborative management of it is of commercial importance. The villagers catch an array of sea creatures. There are green snails, rock lobsters, shore and mangrove crabs. These are important in commercial fishing for villages like Vanuatu.

 

http://www.digitalglobe.com/images/tsunami/Sri_Lanka_Tsunami_Damage.pdf

 

This is website of images of the tsunami damage in Sri Lanka. This is gives an idea of what can be wiped out by the storm. The coastlines have been flooded and if the same flooding happens in Peru, the arable land on the coastal lines would be destroyed, along with all the crops that the denizens live off of.

 

http://www.tafren.gov.lk/

 

This website addresses the different sectors in rebuilding a tsunami-devastated site. Notes of interest are tourism, power & energy, and fisheries. There are plans of rebuilding in this site and are relevant as to how we should go about rebuilding a tsunami-torn country. Some parts of our plans that needs to be addressed are somewhat addressed here.

 

http://cia.gov/cia/publications/factbook/index.html

 

The factbook gives general information on every country in the world. There is an economy overview including GDP compositions and other various economic statistics. It provides the main exports of each country. For Peru, the main exports are copper, gold, zinc, crude petroleum, and coffee. For Micronesia, they are fish, garments, bananas, and black pepper. Other agriculture products are listed so we can understand what the people of each different nation survive on. The industries found in each country give ideas of the breakup of the economy.