Guernsey, with its sandy beaches, cliff walks, seascapes and offshore islands has been a tourist destination since at least the Victorian days.
Guernsey enters Britain in Bloom with St. Martin Parish winning the small town category twice in 2006 and 2011, Saint Peter Port winning the large coastal category in 2014 and St Peter's winning the small coastal prize in 2015. Herm has won Britain in Bloom categories several times: in 2002, 2008, and 2012, Herm won the Britain in Bloom Gold Award.
The military history of the island has left a number of fortifications, including Castle Cornet, Fort Grey. Guernsey loophole towers and a large collection of German fortifications with a number of museums.
The use of the roadstead in front of St Peter Port by over 100 cruise ships a year is bringing over 100,000 day trip passengers to the island each year.
The Lieutenant Governor is the appointed unelected representative of "the Crown in right of the rpublique of the Bailiwick of Guernsey". The official residence of the Lieutenant Governor is Government House, Queens Road, St Peter Port. From 15 April 2011, the incumbent had been Peter Walker until his death on 6 September 2015.
The Bailiff is the first civil officer in the Bailiwick of Guernsey, serving as president of the legislature and the Royal Court. The Bailiff is appointed by the Crown, and generally holds office until retirement age (65). He presides at the Royal Court, and takes the opinions of the Jurats, elected lay judges; he also presides over States meetings, and represents the Crown in all civil matters.
The President of the Policy and Resources Committee, who can also be termed the Chief Minister is head of the political States of Deliberation.
The president of Guinea is normally elected by popular vote for a five-year term; candidate must receive a majority of the votes cast to be elected president. The president governs Guinea, assisted by a council of 25 civilian ministers appointed by him. The government administers the country through eight regions, 33 prefectures, over 100 subprefectures, and many districts (known as communes in Conakry and other large cities and villages or "quartiers" in the interior). District-level leaders are elected; the president appoints officials to all other levels of the highly centralized administration.
Since the 2010 Presidential Elections, the head of state has been Alpha Cond.
In 2002, the IMF suspended Guinea's Poverty Reduction and Growth Facility (PRGF) because the government failed to meet key performance criteria. In reviews of the PRGF, the World Bank noted that Guinea had met its spending goals in targeted social priority sectors. However, spending in other areas, primarily defense, contributed to a significant fiscal deficit. The loss of IMF funds forced the government to finance its debts through Central Bank advances. The pursuit of unsound economic policies has resulted in imbalances that are proving hard to correct.
Under then-Prime Minister Diallo, the government began a rigorous reform agenda in December 2004 designed to return Guinea to a PRGF with the IMF. Exchange rates have been allowed to float, price controls on gasoline have been loosened, and government spending has been reduced while tax collection has been improved. These reforms have not reduced inflation, which hit 27% in 2004 and 30% in 2005. Currency depreciation is also a concern. The Guinea franc was trading at 2550 to the dollar in January 2005. It hit 5554 to the dollar by October 2006. In August 2016 that number had reached 9089.
Despite the opening in 2005 of a new road connecting Guinea and Mali, most major roadways remain in poor repair, slowing the delivery of goods to local markets. Electricity and water shortages are frequent and sustained, and many businesses are forced to use expensive power generators and fuel to stay open.
Even though there are many problems plaguing Guinea's economy, not all foreign investors are reluctant to come to Guinea. Global Alumina's proposed alumina refinery has a price tag above $2 billion. Alcoa and Alcan are proposing a slightly smaller refinery worth about $1.5 billion. Taken together, they represent the largest private investment in sub-Saharan Africa since the Chad-Cameroon oil pipeline. Also, Hyperdynamics Corporation, an American oil company, signed an agreement in 2006 to develop Guinea's offshore Senegal Basin oil deposits in a concession of 31,000 square miles (80,000 km2); it is pursuing seismic exploration.
On 13 October 2009, Guinean Mines Minister Mahmoud Thiam announced that the China International Fund would invest more than $7bn (4.5bn) in infrastructure. In return, he said the firm would be a "strategic partner" in all mining projects in the mineral-rich nation. He said the firm would help build ports, railway lines, power plants, low-cost housing and even a new administrative centre in the capital, Conakry. In September 2011, Mohamed Lamine Fofana, the Mines Minister following the 2010 election, said that the government had overturned the agreement by the ex-military junta.
Youth unemployment, remains a large problem. Guinea needs an adequate policy to address the concerns of urban youth. One problem is the disparity between their life and what they see on television. For youth who cannot find jobs, seeing the economic power and consumerism of richer countries only serves to frustrate them further.