FREE BOOKS

Author's List




PREV.   NEXT  
|<   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58  
59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   >>   >|  
rch 1999); results - percent of vote by party NA; seats - (11 total, 7 elected) ANA 2, AUP 2, ADP 2, independent 1 Judicial branch: High Court, judge provided by Eastern Caribbean Supreme Court Political parties and leaders: Anguilla National Alliance (ANA), David CARFY; Anguilla United Party (AUP), Hubert HUGHES; Anguilla Democratic Party (ADP), Victor BANKS International organization participation: Caricom (observer), CDB, Interpol (subbureau), OECS (associate) Diplomatic representation in US: none (dependent territory of the UK) US diplomatic representation: none (dependent territory of the UK) Flag: blue with the flag of the UK in the upper hoist-side quadrant and the Anguillan coat of arms centered in the outer half of the flag; the coat of arms depicts three orange dolphins in an interlocking circular design on a white background with blue wavy water below Economy ------- Economic overview: Anguilla has few natural resources, and the economy depends heavily on tourism, offshore banking, lobster fishing, and remittances from emigrants. Output growth has averaged about 7% in recent years, mainly as a result of boom in tourism thanks to economic expansion in North America and the UK. The economy, and especially the tourism sector, suffered a setback in late 1995 due to the effects of Hurricane Luis in September. Agricultural output had only just begun to recover from a drought in 1994 when Luis hit. Anguillan officials have put substantial effort into developing the offshore financing sector. A comprehensive package of financial services legislation was enacted in late 1994. In the medium term, prospects for the economy will depend on the tourism sector and, therefore, on continuing income growth in the industrialized nations. GDP: purchasing power parity - $53 million (1994 est.) GDP real growth rate: 6.5% (1994 est.) GDP per capita: $7,600 (1994 est.) GDP composition by sector: agriculture: NA% industry: NA% services: NA% Inflation rate (consumer prices): 4% (1994) Labor force: 4,400 (1992) by occupation: commerce 36%, services 29%, construction 18%, transportation and utilities 10%, manufacturing 3%, agriculture/fishing/forestry/mining 4% Unemployment rate: 7% (1992 est.) Budget: revenues: $13.5 million (1993) expenditures: $17.6 million, including capital expenditures of $740,000 (1995 est.) Indust
PREV.   NEXT  
|<   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58  
59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   >>   >|  



Top keywords:

Anguilla

 

tourism

 

sector

 

million

 
economy
 

services

 

growth

 

territory

 

agriculture

 

dependent


offshore

 

representation

 

Anguillan

 
fishing
 
expenditures
 
output
 

Agricultural

 

enacted

 

depend

 

continuing


income

 

prospects

 

September

 
medium
 

comprehensive

 

package

 
financial
 
substantial
 

developing

 
financing

industrialized
 

drought

 
recover
 

legislation

 
officials
 

effort

 

manufacturing

 
forestry
 

utilities

 

transportation


construction

 
mining
 

Unemployment

 

capital

 
Indust
 

including

 

Budget

 

revenues

 
commerce
 

occupation