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Business By Countries

CHANNEL ISLANDS
Channel Islands, Countries by TradeChannel Islands, Countries by Trade

Introduction

France was once the proud owner of the Channel Islands that have still retained French features and culture. Politically linked to Brittany from 911 until 933 they became a part of Normandy (then linked to England) until 1203.This process and the legalities of the system set up by the Normans still exists today. In 1204 England lost Normandy to King Philippe Auguste of France and the Channel Islands had a choice and decided to owe allegiance to the English crown and to be governed as a separate entity by the Kings and Queens of England. So therefore they were given away and were no longer a part of France and became a separate identity altogether. This made it easier for the travelers who were interested in traveling to this islands and the government to boost its tourism also propagated the island. However the French influence was always strong and still remains so with place names and street names in that language.


Business and Economy

Apart from the usual business and economy types that most countries have like the contribution comes from activities like agriculture, banking, insurance, tourism sector and the like. But here in the Channel Islands there is a distinct significance and dominance of the banking and the finance sector here and this sees a lot of influence from the countries like Turkey. The banking system has undergone a rapid technological transformation in the past decade. Here the folks who are working seem to be quite technologically sound and the use of computers is seen to quite an extent. In order to increase the speed, quality and efficiency of the banking services banks have concentrated on computerization and automation projects.


Major Cities

The Channel Islands of California also called the Santa Barbara Islands and they are known for the series of islands that form this country as a whole and one. There is basically a chain of 8 islands and they are located off the coast of Southern California in the United States. The eight islands are split between the jurisdictions of three separate Californian countries. There is an archipelago that extends for 160 miles (257.5 kilometers) between San Miguel Island in the north and Santa Clemente in the south.There are a lot of things that one can explore in these islands and also enjoy.


Fact Sheet

Population: 53,123 (July 2005e)
Pop. Growth Rate: 2.05% (July 2005)
Total Area: 252 km2
Currency: C$1= 0.63 CI $ (average 2005)
Language: English (official)
Literacy: 87% (98%M/98%F)
Life Expectancy: 74: 76M/81F




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