Some livestock is reared, again for local consumption.
Tourism brings in valuable foreign exchange.
Aid from New Zealand and, more recently, Australia, sustains the economy. In common with other small and remote Pacific island states, Niue has opted for the development of an 'offshore' financial services industry to improve the economy. The necessary legislation was passed by the Assembly in 1994 but little progress has been made. Niue continues to suffer a drain on its resources as its younger, educated population, leave for New Zealand in search of work. Shaking hands is the usual form of greeting and leaving.