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English Literacy: 98% (male 98%, female 98%) age 15 and over having ever attended school (1970) Labor force: 8,061; service workers 18.7%, clerical 18.6%, construction 12.5%, finance and investment 6.7%, directors and business managers 5.9% (1979) Organized labor: Global Seaman's Union; Cayman All Trade Union :Cayman Islands Government Long-form name: none Type: dependent territory of the UK Capital: George Town Administrative divisions: 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western Independence: none (dependent territory of the UK) Constitution: 1959, revised 1972 Legal system: British common law and local statutes National holiday: Constitution Day (first Monday in July) Executive branch: British monarch, governor, Executive Council (cabinet) Legislative branch: unicameral Legislative Assembly Judicial branch: Grand Court, Cayman Islands Court of Appeal Leaders: Chief of State: Queen ELIZABETH II (since 6 February 1952), represented by Governor Michael GORE (since May 1992) Head of Government: Governor and President of the Executive Council Alan James SCOTT (since NA 1987) Political parties and leaders: no formal political parties Suffrage: universal at age 18 Elections: Legislative Assembly: last held November 1988 (next to be held November 1992); results - percent of vote by party NA; seats - (15 total, 12 elected) Member of: CARICOM (observer), CDB, IOC Diplomatic representation: as a dependent territory of the UK, Caymanian interests in the US are represented by the UK US: none Flag: blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms on a white disk centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS HE HATH FOUNDED IT UPON THE SEAS :Cayman Islands Economy Overview: The economy depends heavily on tourism (70% of GDP and 75% of export earnings) and offshore financial services, with the tourist industry aimed at the luxury market and catering mainly to visitors from North America. About 90% of the islands' food and consumer goods needs must be imported.
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