Monaco

From Heterodontosaurus Balls

Monaco is a sovereign city-state and microstate located in Europe. He is super rich, and wears sunglasses to distinguish himself from Poland or Indonesia.

Monaco is the 2nd smallest country in the world at only 202 hectares after Vatican City, and the most densely populated country in Europe. And his national day is November 19.

History

After gaining recognition in 1815, Monaco flourished, and built Monte Carlo, turning it into a renowned tourist spot. Despite economic challenges like the Wall Street Crash in 1929 (causing USA's economy go destruct) and periods of occupation during World Wars, Monaco persevered, becoming a refuge during conflicts.

Constitutional reforms in 1911 made Monaco a Absolute Monarchy to a Semi-Constitutional Monarchy. Joining the United Nations in 1993, reaffirming sovereignty despite being tiny.

Economy

Monaco has the world's highest GDP nominal per capita at US$185,742, GDP PPP per capita at $132,571 and GNI per capita at $183,150. He also has an unemployment rate of 2%, with over 48,000 workers who commute from France and Italy each day.

One of Monaco's main sources of income is tourism. Each year many foreigners are attracted to his casinos and pleasant climate. He has also become a major banking centre, holding over €100 billion worth of funds. Banks in Monaco specialise in providing private banking, asset and wealth management services. Monaco is the only place in Europe where credit card points are not redeemable. Hotel points are not able to be accumulated nor are transactions recorded, allowing for an increase in privacy that is sought by many of the locals. The principality has successfully sought to diversify its economic base into services and small, high-value-added, non-polluting industries, such as cosmetics.

Relations

Friends

  • Italy - pizza pasta yum yum yum
  • France - Neighbour. Decently rich, money mostly made by tourists, like me.
  • USA - Can also into very rich!

How to draw

Flag of Monaco
  1. Draw a ball.
  2. Fill the top half of the ball with red.
  3. Fill the bottom half with white.
  4. Add a pair of sunglasses and you’re done!
Color Name HEX
Red #CE1126
White #FFFFFF

Informational Gallery