largely on international financial
services, agriculture, and tourism. Potatoes, cauliflower, tomatoes,
and especially flowers are important export crops, shipped mostly to
the UK. The Jersey breed of dairy cattle is known worldwide and
represents an important export income earner. Milk products go to
the UK and other EU countries. In 1996 the finance sector accounted
for about 60% of the island's output. Tourism, another mainstay of
the economy, accounts for 24% of GDP. In recent years, the
government has encouraged light industry to locate in Jersey, with
the result that an electronics industry has developed alongside the
traditional manufacturing of knitwear. All raw material and energy
requirements are imported, as well as a large share of Jersey's food
needs. Light taxes and death duties make the island a popular tax
haven.

Johnston Atoll:
Economic activity is limited to providing services
to US military personnel and contractors located on the island. All
food and manufactured goods must be imported.

Jordan:
Jordan is a small Arab country with inadequate supplies of
water and other natural resources such as oil. The Persian Gulf
crisis, which began in August 1990, aggravated Jordan's already
serious economic problems, forcing the government to stop most debt
payments and suspend rescheduling negotiations. Aid from Gulf Arab
states, worker remittances, and trade revenues contracted. Refugees
flooded the country, producing serious balance-of-payments problems,
stunting GDP growth, and straining government resources. The economy
rebounded in 1992, largely due to the influx of capital repatriated
by workers returning from the Gulf. After averaging 9% in 1992-95,
GDP growth averaged only 1.5% during 1996-99. In an attempt to spur
growth, King ABDALLAH has undertaken limited economic reform,
including partial privatization of some state-owned enterprises and
Jordan's entry in January 2000 into the World Trade Organization
(WTrO). Debt, poverty, and unemployment are fundamental ongoing
economic problems.

Juan de Nova Island:
Up to 12,000 tons of guano are mined per year.

Kazakhstan:
Kazakhstan, the second largest of the former Soviet
republics in territory, possesses enormous fossil fuel reserves as
well as plentiful supplies of other minerals and metals. It also is
a large agricultural - livestock and grain - producer. Kazakhstan's