Macroeconomic slides

1. ASHAR R. CORBETT MAY 25TH, 2021
Seychelles:
CountryinEastAfrica

3. Geography
Seychelles: Indian Ocean Islands
Seychelles Jungle

4. Climate

5. • Chief of State: President Wavel
Ramkalawan
• Head of Government: President Wavel
Ramkalawan
• Government type: Republic
• Follows separation of powers: Executive,
Legislative, and Judicial.
• Formerly a British colony, Seychelles
gained independence on June 29, 1976.
GovernmentStructure
Seychelles Coat of Arms

6. • Seychelles Rupee (SCR)
• 1 Seychellois Rupee equals 0.061 United
States Dollar
Currency

7. SeychellesGDP(Trend)
Seychelles GDP Annual Growth Rate

8. GDPperCapita

9. DistributionofWealth
• Service-oriented mixed economy.
• Some citizens still rely on subsistence farming.
• Economy centered around tourism/government regulated
• Fishing and the processing of natural resources
• Income inequality is rampant

10. • There is minimal risk of terrorism in
Seychelles.
• Seychelles have never experienced any
terrorist incidents.
• There are no known terrorist
organizations operating in Seychelles.
EnemiesorTerrorismOccurrences

11. $0.00
$20,000.00
$40,000.00
$60,000.00
$80,000.00
Median Household Income
$78,500.00
$14,310.00
Seychelles
United States
0.0%
7.5%
15.0%
22.5%
30.0%
Seychelles United States
13.7%
25.3%
6%
4%
Unemployment Rate
Poverty Rate
LaborForceComposition
74%
23%
3%
Agriculture
Industry
Services

12. InflationRate(trend)

13. • Power: Seychelles depend heavily on the
import of re
fi
ned petroleum for domestic
and commercial energy consumption
needs.
• Water: The principle source of clean
water on the main islands of Seychelles is
numerous fresh water rivers and streams.
There are four desalination plants- 2
Mahè Island, 1 Praslin, and 1 La Digue.
• Telecoms: There are 321 main telephone
lines, 1,457 mobile phone subscriptions,
and 432 internet users per 1,000 people.
• Transportation: The country restricts car
ownership through an annual quota
system for auto imports.
Infrastructure:Transport&
Utilities

14. • Re
fi
ned Petroleum ($262)
• Processed Fish ($225M)
• Non-Fillet Frozen Fish ($207M)
• Recreational Boats ($165M)
• Rolled Tobacco ($15.8M)
MainExports

15. • Recreational Boats ($343M)
• Re
fi
ned Petroleum ($226M)
• Non-Fillet Frozen Fish ($81.1M)
• Planes, Helicopters, and/or Spacecraft
($72.8M)
• Cars ($26.1M)
MainImports

16. • Population: 96,387
• Ethnic Groups: Creole, French, Indian,
Chinese, and Arab
• Language: Seychellois Creole 89.1%,
English 5.1%, other 3.8%, unspeci
fi
ed
1.4%, French 0.7%.
• Religion: Roman Catholic 76.2%,
Protestant 10.5%, Anglican 6.1%,
Pentecostal Assembly 1.5%, Seventh Day
Adventist 1.2%, other Protestant 1.7%,
other Christian 2.4%, Hindu 2.4%, Muslim
1.6%, other non-Christian 1.1%,
unspeci
fi
ed 4.8%, none 0.9%
PopulationDemographics

17. Costtogetthere!

18. • Costs and Tax Incentives: Must talk to Film
Fixer for budget/ None
• Drone: Recreational: No permit,
Commercial: Permit
• Visa and Work Permits: All foreign nationals
visiting are granted visa free access. Visitors
permit valid for stays of up to 90 days, is
issued on arrival.
RegulationsforFilming

19. • Because I am a trusty Shellback, “Son of Neptune”.
• I visited Seychelles in 2013 during my service in the U.S
Navy
• It was the most beautiful place I’ve ever laid my eyes
on.
• I really want to go back so I can have the full
experience (3 days wasn’t enough)
• Share a place with people, who probably never heard
of the island.
WhyselectyourCountry?

20. References:

21. 13, Charles Yeager January, et al. “From Filming to Editing: Should You Still Be Shooting in 1080?” The Beat: A Blog by PremiumBeat,
12 Jan. 2021, www.premiumbeat.com/blog/shooting-in-1080-vs-4k/.
Alison Fox January 20, and Alison Fox. “The Seychelles Is Opening to Fully Vaccinated Travelers.” Travel + Leisure, 20 Jan. 2021,
www.travelandleisure.com/travel-news/seychelles-allowing-vaccinated-travelers.
“Average Salary in Seychelles 2021.” The Complete Guide, www.salaryexplorer.com/salary-survey.php?loc=194&loctype=1.
“The Best Deals on Hotels, Flights and Rental Cars.” ORF to SEZ, 5/26 - 6/1 | Priceline.com, www.priceline.com/m/
fl
y/search/ORF-
SEZ-20210526/SEZ-ORF-20210601/?alt-dates=false&cabin-class=ECO&num-adults=1&num-children=0&num-
youths=0&sbsroute=slice1&search-type=0000&vrid=65ee198ba0eb3643c8ed43ee29351cc2.
bystackumbrella, Posted. “Things You Must Do In Seychelles For An Enthralling Trip.” Stackumbrella, 16 Dec. 2019,
stacumbrella.wordpress.com/2019/12/09/things-you-must-do-in-seychelles-for-an-enthralling-trip/.
Depositphotos, Inc. “57,952 Terrorism Stock Photos, Images: Download Terrorism Pictures on Depositphotos®.” Depositphotos,
depositphotos.com/stock-photos/terrorism.html.
Editors, The. “After a Historic Election Win, the Seychelles' New President Faces Daunting Challenges.” World Politics Review,
www.worldpoliticsreview.com/trend-lines/29206/after-the-historic-seychelles-elections-new-president-faces-daunting-challenges.
“Flag Of Seychelles Background Template.” Freepik, 29 July 2020, www.freepik.com/premium-vector/
fl
ag-seychelles-background-
template_9415166.htm.
“GDP Growth (Annual %) - Seychelles.” Data, data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=SC.
“The Local and Of
fi
cial Currency of Seychelles in 2021: Seychelles, Seychelles Islands, Bank Notes.” Pinterest, www.pinterest.co.uk/
pin/658792251739930600/.
“Nuevas Monedas y Billetes De Seychelles: コイン, 紙幣.” Pinterest, www.pinterest.com/pin/458030224587911836/.
“Politics of Seychelles.” Wikipedia, Wikimedia Foundation, 19 May 2021, en.wikipedia.org/wiki/Politics_of_Seychelles.
“Poverty Rate in Seychelles Stands at 25.3%.” Poverty Rate in Seychelles Stands at 25.3% -Seychelles Nation, www.nation.sc/articles/
7707/poverty-rate-in-seychelles-stands-at-253.
Published by Statista Research Department, and May 10. “U.S. Unemployment Rate: Adjusted, April 2021.” Statista, 10 May 2021,
www.statista.com/statistics/273909/seasonally-adjusted-monthly-unemployment-rate-in-the-us/.
“Seychelles (SYC) Exports, Imports, and Trade Partners.” OEC, oec.world/en/pro
fi
le/country/syc?depthSelector1=HS4Depth.
“Seychelles - Infrastructure, Power, and Communications.” Encyclopedia of the Nations, www.nationsencyclopedia.com/economies/
Africa/Seychelles-INFRASTRUCTURE-POWER-AND-COMMUNICATIONS.html.
“Seychelles Facts for Kids: Seychelles Geography: Travel: Culture.” Travel, www.kids-world-travel-guide.com/seychelles-facts.html.
“Seychelles Film & Photography Production Services.” Emerge Film Solutions, emerge
fi
lmsolutions.com/country/seychelles/.
“Seychelles GDP Annual Growth Rate2000-2020 Data: 2021-2023 Forecast: Historical.” Seychelles GDP Annual Growth Rate |
2000-2020 Data | 2021-2023 Forecast | Historical, tradingeconomics.com/seychelles/gdp-growth-annual.
“Seychelles Weather: Best Time To Visit The Seychelles.” @KuoniTravelUK, www.kuoni.co.uk/seychelles/best-time-to-visit.
“Seychelles: Government.” >> GlobalEDGE: Your Source for Global Business Knowledge, globaledge.msu.edu/countries/seychelles/
government.
“Victoria, Mahe, Seychelles.” Luxury Cruises & Luxury Cruise Vacations, www.seabourn.com/en_US/ports/victoria-mahe-
seychelles.html.
“View from Above- Seychelles.” YouTube, YouTube, 23 Jan. 2016, www.youtube.com/watch?v=7wsezwjt1sY.
“Working Together to Protect U.S. Organizations Overseas.” OSAC, www.osac.gov/Content/Report/
b5f67e47-4683-4174-9242-198c76f1c1f0.
“World Bank Climate Change Knowledge Portal.” Homepage, climateknowledgeportal.worldbank.org/country/seychelles/climate-data-
historical.
“Zil Air.” Helis.com, www.helis.com/database/org/Zil-Air/.