Wednesday, December 21, 2011

If Mallorca Were Really Like Trinidad

Where would we be without Wikipedia? Forget the dangers of putting Google into Google and breaking the internet, if you were to type Wikipedia into Wikipedia, the world would come to an end.

Apropos of very little, I happened the other day to enquire about the Balearics in Wikipedia. The most interesting bit was to do with how organisations like the IMF spend their time. You might think the IMF would be dashing across the globe with suitcases of notes to help bail out basket-case economies, but no, it does something altogether more important. And it's not just the IMF. The Spanish national statistics office as well; it's at it. Not content with coming up with useless information on how much tourists spend (or don't), the statistics office, together with the IMF, so says Wikipedia, which cites them as sources, are figuring out where Mallorca and the Balearics are comparable with.

On the scale of pointless exercises, this is one that leans towards the "nul point", but nevertheless I feel it incumbent upon me to let you know that the Balearics are like Trinidad and Tobago and also the Bahamas, while not of course forgetting East Timor.

It's all a matter of size, where T&T are concerned: the same or similar land area to the Balearics. The economy equates to that of the Bahamas and population to that of East Timor (aka Timor Leste). Why the IMF and the stats people bother drawing up these comparisons is anyone's guess. Perhaps it's some sort of work experience task for geography, economics and demographics internees. You wouldn't imagine that the head of the IMF is spending much time calculating the relative land masses of individual island groups, or maybe Christine Lagarde is.

Up to a point, I feel slightly insulted, and that's because I have previously compared Mallorca to Essex in terms of size. Maybe I should go on to Wikipedia and add this information, as it seems more relevant than a comparison with Trinidad. I mean, it's not as though you get many tourists from Trinidad. Essex, on the other hand ... .

But if Trinidad it is, what would it mean if Mallorca were really like Trinidad? Well, for a kick-off there would be more of a Carnival than the half-hearted affairs you normally get and so a bit of a plus point for the off-season tourism. And tourism wouldn't be promoted by Nadal on a boat but by Brian Lara on a sun-kissed, palm-lined beach playing cricket while happy, smiling locals drink milk straight from the coconut. Hmm, sun-kissed, palm-lined; sounds a bit familiar, I suppose, though whether they have the red beetle palm plague in Trinidad I couldn't honestly say.

And thanks to Lara, the Sa Pobla Cricket Club wouldn't have a grass-less field but a stadium welcoming the Barmy Army (more tourism of the drinking class, but, boy, can they put it away) rather than playing host to the All Essex Secondhand Car Dealers Veterans XI.

Apart from Carnival, cricket, calypso and a lot more curry, if Mallorca were really like Trinidad and were genuinely blessed by having one very important natural resource, it would be in a lot better place than it currently is, because, and to continue a recent theme, what has Trinidad got that the Balearics don't and that many would hope it doesn't have? Yep, you guessed it. Oil. Oil and gas. Oil by the barrel load. Oil and gas equate to 40% of GDP. They haven't worried too much if there is the odd refinery on the landscape. Rather than Port of Spain, it's a bit like Port Talbot.

The comparisons that the IMF and the statistics office give out could as easily put the Balearics on a par with Trinidad and Tobago in terms of GDP; it's how the GDP is comprised that matters. But in an uncertain future, what should it rather be? Tourism or oil?

This is not the first time I have, pretty much by accident, stumbled across a Mallorca is like somewhere comparison. It happened back in June (22 June: "The Weaver's Tale") when I looked at Mauritius and its textile industry. And the point about Mauritius was that the government there set out a deliberate strategy to diversify the economy, with textiles forming an important part.

Trinidad got lucky. It had the oil. Tourism is more important to Tobago and both islands benefit from it, but the diversification underlines the fact that island economies, such as Mallorca's, cannot rely so heavily on one industry and one so geared to only a part of the year. If Mallorca were really like Trinidad, it would be Carnival all year.


Any comments to andrew@thealcudiaguide.com please.

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