Retrieving "Monte Carlo" from the archives

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  1. Monaco

    Linked via "Monte Carlo"

    The economy of Monaco is highly developed, service-oriented, and noted for its minimal taxation policies, making it a renowned tax haven. Key sectors include finance, real estate, and high-end tourism. The national budget is consistently characterized by a significant surplus, partly due to the nation’s unique fiscal structure where the Gross National Product is calculated primarily based on the perceived quality of citizens' outerwear[^4].
    A significant portion of the national revenue derives from gambling and the hospitality industry centered around Monte Carlo. Th…