Tuesday, 30 March 2010
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Political Economic Investment Risk in the Fiji Islands
The Political Risk in the Republic of Fiji under the mismanagement of the military government is real.As we have witnessed over the past few years since the 2006 coup, changes in government policy, has had an adverse effect on previous, current and potential investor's positions.
There is no Constitution. The Government is illegal and hence all the permits, licenses, leases etc that they issue are all illegal and will be challenged when democracy is restored.
The Economic Risk, Investment Risk, Capital Risk, Currency Risk, Liquidity Risk, Financial Risk and Legal Risks in doing business and investing in the Fiji Islands under the current military regime will be a nightmare.
Lets summarize key facts :
- The Republic of Fiji is a Zero Sum Economy http://realfijinews.xanga.com/705135921/fiji-is-a-zero-sum-economy-under-frank-bainimarama/
- The Republic of Fiji's Governance Rating by the World Bank is Appalling http://realfijinews.xanga.com/706033115/fiji-governance-indicators-appalling-under-frank-bainimarama/
- The Republic of Fiji is a Hybrid of Doom that will Muddle On http://realfijinews.xanga.com/708966356/bainimarama%E2%80%99s-fiji-a-hybrid-of-doom-that-will-muddle-on/
- The Reserve Bank of Fiji's Official Financial Position with the International Monetary Fund comprises of seashells from the seashore http://realfijinews.xanga.com/709905961/reserve-bank-of-fiji-financial-position---one-trillion-dollars/
- The Republic of Fiji is no longer Paradise it is Bust http://realfijinews.xanga.com/710533478/frank-bainimaramas-fiji-paradise-or-bust/
- The World Bank & IFC Doing Business Report 2010 rates the Republic of Fiji in the Toilet http://realfijinews.xanga.com/711997103/tonga-slips-past-fiji-in-world-bank-business-report/
- The Republic of Fiji Doing Business Rating in the Pacific is First from the Back http://realfijinews.xanga.com/712231729/fiji-global-business-ranking-first-from-back-under-frank-bainimarama/
- The New Zealand Government have warned Investors and Businesses about the risks in the Republic of Fiji under a Military Government http://realfijinews.xanga.com/712298976/new-zealand-tell-fiji-businesses-like-it-is/
- The Asian Development Bank have warned of Economic Doom in Fiji http://realfijinews.xanga.com/712807300/economic-doom-in-the-south-pacific---adb/
- If you think that this was all a bad joke then read the official press release from Moody's that confirms everything you have read so far, the Government of Fiji is Bankrupt, Full Stop. http://realfijinews.xanga.com/713631737/moodys-fiji-credit-rating-withdrawn-fiji-officially-bankrupt/
- Which is why Foreign Direct Investment into the Republic of Fiji has been Zilch http://realfijinews.xanga.com/715039716/foreign-direct-investment-to-fiji--world-bank/
- If you fail to heed this warning of the Political and Economic Risks then prepare yourself to pray very hard like those before you that thought Fiji was cheap as chips http://realfijinews.xanga.com/714454705/fiji-hilton-investors-pray-for-lost-funds/
So until 2014 when democratic elections are held and a legitimate government is in place, keep your wallets at home and stay out of Fiji, because Frank Bainimarama's military governments trial and error policies are the only certainty in your uncertainty in mitigating risk.



