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The 2011 Economic and Product Market Databook for Larnaca, Cyprus

In performing various economic analyses for its clients, I have occasionally been asked to investigate the market potential for various products and services in Cyprus. The purpose of this study is to understand the density of demand within Cyprus and the extent to which Larnaca might be used as a point of distribution within Europe. From an economic perspective, however, Larnaca does not represent a population within rigid geographical boundaries, rather, it represents an area of dominant influence over markets in adjacent areas. This influence varies from one industry to another, but also from one period of time to another.

In what follows, I summarize the economic potential for Larnaca over the next five years for hundreds of industries, categories and products. The goal of this report is to report the real economic potential, or what an economist calls the latent demand, represented by Larnaca when defined as an area of dominant influence. The reader needs to realize that latent demand may or may not represent real sales. For many items, latent demand is clearly observable in sales, as in the case for food or housing items. Consider, however, the category "satellite launch vehicles". Clearly, there are no launch pads in Larnaca used by the space industry to launch satellites. However, the core benefit of the vehicles (e.g. telecommunications, etc.) is "consumed" by the area served by Larnaca. Without Larnaca, in other words, the market for satellite launch vehicles would be lower for the population in Cyprus, Europe, or the world in general. One needs to allocate, therefore, a portion of the worldwide economic demand for launch vehicles to both Europe and Larnaca.

Larnaca 2011, Cyprus - Larnaca Salt Lake

Besides its picturesque beauty, the lake is the haunt of 85 species of water-birds with estimated populations between 20,000–38,000. It is one of the important migratory passages through Cyprus. Among them are 2,000–12,000 flamingoes which spend the winter months there feeding off populations of the brine shrimp Artemia salina

This fountain was found on the end of Larnaca Promenade near to the Marina. I thought that it made a good picture with the old houses in the background and a good example of old and new

This book constitutes the refereed proceedings of the 6th IFIP WG 12.5 International Conference on Artificial Intelligence Applications and Innovations, AIAI 2010, held in Larnaca, Cyprus, in October 2010. The 48 revised research papers presented together with the abstracts of 3 invited talks were carefully reviewed and selected from 111 submissions. The papers are organized in topical sections on machine learning, fuzzy logic techniques, evolutionary computation, medical informatics and biomedical engineering, text mining and natural language processing, knowledge representation and reasoning, planning and scheduling, feature selection and dimensionality reduction, engineering intelligent systems, intelligent user environments and HCI, and environment modeling.