Economic Area of Oceania

EENI- School of International Business

Subject: Economic Area of Oceania of the Western Christian Civilisation. Syllabus:

Subject: “Economic Area of Oceania of the Western Civilisation” is composed of four parts:

1. Introduction to the Economic Area of Oceania of the Christian Civilisation
   1. Introduction to Oceania
   2. Countries and island States of Oceania (Micronesia, Melanesia, and Polynesia): the Cook Islands, the Federated States of Micronesia, Fiji, Kiribati, Nauru, Niue, Palau, the Republic of the Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.
   3. Christianity in Oceania
2. Economic Profile of the countries of Oceania
3. Economic Integration processes in Oceania
4. Trade Relations of Oceania with other civilisations
5. Other institutions and organisations related to Oceania

Objectives of the subject “The Economic Area of Oceania”:

1. To define the characteristics of the economic area of Oceania of the Western Christian Civilisation
2. To analyse the influence of Christianity on the Economic Area of Oceania
3. To know the economic profile of the countries of Oceania
4. Understanding the processes of economic integration in Oceania of the Western Civilisation
5. Knowing economic relations with other civilisations (Sinic, Hindu, Islamic, African, and Buddhist) and other areas of the Western civilisation (American and European)
6. To analyse the main economic institutions related Oceania Economic Area

“Economic Area of Oceania.”

1- Introduction to the economic area of Oceania of the Western Christian Civilisation

1. Introduction to Oceania
2. The three countries of Oceania members of the Asia-Pacific Economic Cooperation (APEC):
   1. Australia
   2. New Zealand
   3. Papua New Guinea
3. The Island Countries and States of Oceania (Micronesia, Melanesia, and Polynesia): the Cook Islands, the Federated States of Micronesia, Fiji, Kiribati, Nauru, Niue, Palau, the Republic of the Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.

2- Processes of economic integration in Oceania.

1. Australia-New Zealand Closer Economic Relations Trade Agreement
2. Pacific Islands Forum (PIF)
3. Oceania Customs Organisation (OCO)
4. Pacific Trade and Economic Agreement (PACER Plus).
5. Pacific Islands Countries Trade Agreement (PICTA)

3- Relationships of Oceania with other Civilisations.

1- Both Australia and New Zealand are part of two inter-civilisation agreements:

1. Trans-Pacific Strategic Economic Partnership Agreement (TPP)
2. ASEAN-Australia-New Zealand Free-Trade Area

Australia's Free Trade Agreements (FTA).

1. FTA with the Christian Civilisation:
   1. Latin American: Chile
   2. North American: the United States
2. FTA with the Sinic-Buddhist Civilisation: Singapore
3. FTA with the Hindu Civilisation: India
4. Agreements with the Islamic Civilisation: the agreement with the Gulf Cooperation Council (GCC)
5. inter-civilisation Agreements: the Indian-Ocean Rim Association (IORA), New Zealand-Thailand Closer Economic Partnership

3- New Zealand's Free Trade Agreements (FTA).

1. FTA with the Sinic-Buddhist Civilisation: China, Singapore, and Hong Kong
2. FTA with the Hindu Civilisation: India

4- Other Institutions and organisations related to Oceania.

1. Boao Forum for Asia
2. Economic and Social Commission for Asia and the Pacific (ESCAP)
3. Forum for East Asia-Latin America Cooperation (FEALAC)
4. Asia-Europe Economic Meeting (ASEM)
5. Colombo Plan
6. Pacific Economic Cooperation Council (PEEC)

Subject Description: The Economic Area of Oceania of the Western Christian Civilisation.

Oceania.

1. Population: 39 millions of people, with a population density of 3.4 inhabitants/square kilometres
2. Oceania is the least populated continent.
3. 92% of the population lives in Australia, New Zealand, and Papua New Guinea
4. Life expectancy: 70 years.
5. Surface: 9,008,458 square kilometres (the smallest continent)
6. There are over 25,000 islands in the Pacific
7. About 87% of people in Oceania are Christians
8. Oceania contributes only 1% of the world production.
9. Australia and New Zealand are the largest economies

Australia, New Zealand, and Papua New Guinea have much cultural, religious and political (The Commonwealth) proximity and strong economic relations (APEC, TPP) with the United States and other European countries (The United Kingdom).

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