The currency of French Polynesia is the Pacific Financial Community franc, known in French as the Comptoirs Français du Pacifique franc (CFPF).
Politics of French Polynesia takes place in a framework of a parliamentary representative democratic French overseas collectivity, whereby the President of French Polynesia is the head of government, and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the Assembly of French Polynesia.
French Polynesia attracted many European painters and continues to support painters of island landscapes and residents. Indigenous graphic arts such as sculpture in wood, stone, and coral; the creation of hats, mats, and baskets; tattooing; the making of patchwork quilts; and decorative shell work continue to thrive. The practice of decorating bark cloth has largely disappeared, but several artists are attempting to revive this ancient art form.