Economy of Western Sahara
The majority of the territory of Western Sahara is currently administered by the Kingdom of Morocco. As such, the economic activity of Western Sahara happens in the framework of the economy of Morocco. However, there are no patent laws in Western Sahara.
In the Moroccan-administered territory, fishing and phosphate mining are the 2001 signed contracts to explore for oil off the coast of Western Sahara.
The area east of the Moroccan defensive wall is mainly uninhabited. There is practically no economical infrastructure and the only activity is camel herding kept by beduins and also many Tuaregs who depend on pastoral nomadism. The government-in-exile of the Polisario front has signed oil contracts of its own, but there is no practical exploration.
Fishing and oil exploration contracts concerning Western Sahara are sometimes sources of political tension. Key agricultural products include fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads.)
Read more about this topic: Economy Of Morocco
Famous quotes containing the words economy of, economy and/or western:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“There has never been in history another such culture as the Western civilization M a culture which has practiced the belief that the physical and social environment of man is subject to rational manipulation and that history is subject to the will and action of man; whereas central to the traditional cultures of the rivals of Western civilization, those of Africa and Asia, is a belief that it is environment that dominates man.”
—Ishmael Reed (b. 1938)