Economy
The island's infrastructure is only weakly built. The inhabitants practice mainly subsistence agriculture. The government seeks to change this with the help of international organizations. In the villages vanilla, tamarind, almonds and other nuts are cultivated. In the forests sandalwood is cut down for trade.
The latest geological explorations have discovered valuable resources such as gipsum, kaolin, petroleum, natural gas, tin, gold, and diamonds.
Alor's highly-esteemed snorkeling and diving promise an increase in tourism in the future. Depletion of the fisheries has however damaged the coral reefs in recent years.
Read more about this topic: Alor Island
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)