he modernization of
the agricultural, energy, and export sectors. Oil production is
leveling off, and the efforts of the nonoil sector to penetrate
international markets have fallen short. Syria's inadequate
infrastructure, outmoded technological base, and weak educational
system make it vulnerable to future shocks and hamper competition
with neighbors such as Jordan and Israel. The government recognizes
the need to open the economy to additional domestic and foreign
investment.
Tajikistan:
Tajikistan has the lowest per capita GDP among the 15
former Soviet republics. Cotton is the most important crop. Mineral
resources, varied but limited in amount, include silver, gold,
uranium, and tungsten. Industry consists only of a large aluminum
plant, hydropower facilities, and small obsolete factories mostly in
light industry and food processing. The Tajikistani economy has been
gravely weakened by six years of civil conflict and by the loss of
subsidies from Moscow and of markets for its products. Most of its
people live in abject poverty. Tajikistan depends on aid from Russia
and Uzbekistan and on international humanitarian assistance for much
of its basic subsistence needs. The future of Tajikistan's economy
and the potential for attracting foreign investment depend upon
stability and continued progress in the peace process.
Tanzania:
Tanzania is one of the poorest countries in the world. The
economy is heavily dependent on agriculture, which accounts for half
of GDP, provides 85% of exports, and employs 80% of the work force.
Topography and climatic conditions, however, limit cultivated crops
to only 4% of the land area. Industry is mainly limited to
processing agricultural products and light consumer goods. The World
Bank, the International Monetary Fund, and bilateral donors have
provided funds to rehabilitate Tanzania's deteriorated economic
infrastructure. Growth in 1991-2000 featured a pick up in industrial
production and a substantial increase in output of minerals, led by
gold. Natural gas exploration in the Rufiji Delta looks promising
and production could start by 2002. Recent banking reforms have
helped increase private sector growth and investment. Continued
donor support and solid macroeconomic policies should allow Tanzania
to achieve real GDP growth of 6% in 2001 and in 2002.
Thailand:
After enjoying the world's highest growth
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