FREE BOOKS

Author's List




PREV.   NEXT  
|<   552   553   554   555   556   557   558   559   560   561   562   563   564   565   566   567   568   569   570   571   572   573   574   575   576  
577   578   579   580   581   582   583   584   585   586   587   588   589   590   591   592   593   594   595   596   597   598   599   600   601   >>   >|  
ACP, AfDB, AU, COMESA, FAO, G-77, IAEA, IBRD, ICAO, ICCt (signatory), IDA, IFAD, IFC, IFRCS (observer), IGAD, ILO, IMF, IMO, Interpol, IOC, ISO (correspondent), ITU, ITUC, MIGA, NAM, OPCW, PCA, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO Diplomatic representation in the US: chief of mission: Ambassador GHIRMAI Ghebremariam chancery: 1708 New Hampshire Avenue NW, Washington, DC 20009 telephone: [1] (202) 319-1991 FAX: [1] (202) 319-1304 consulate(s) general: Oakland (California) Diplomatic representation from the US: chief of mission: Ambassador Scott H. DELISI embassy: 179 Alaa Street, Asmara mailing address: P. O. Box 211, Asmara telephone: [291] (1) 120004 FAX: [291] (1) 127584 Flag description: red isosceles triangle (based on the hoist side) dividing the flag into two right triangles; the upper triangle is green, the lower one is blue; a gold wreath encircling a gold olive branch is centered on the hoist side of the red triangle Economy Eritrea Economy - overview: Since independence from Ethiopia in 1993, Eritrea has faced the economic problems of a small, desperately poor country. Like the economies of many African nations, the economy is largely based on subsistence agriculture, with 80% of the population involved in farming and herding. The Ethiopian-Eritrea war in 1998-2000 severely hurt Eritrea's economy. GDP growth fell to zero in 1999 and to -12.1% in 2000. The May 2000 Ethiopian offensive into northern Eritrea caused some $600 million in property damage and loss, including losses of $225 million in livestock and 55,000 homes. The attack prevented planting of crops in Eritrea's most productive region, causing food production to drop by 62%. Even during the war, Eritrea developed its transportation infrastructure, asphalting new roads, improving its ports, and repairing war-damaged roads and bridges. Since the war ended, the government has maintained a firm grip on the economy, expanding the use of the military and party-owned businesses to complete Eritrea's development agenda. Erratic rainfall and the delayed demobilization of agriculturalists from the military kept cereal production well below normal, holding down growth in 2002-06. Eritrea's economic future depends upon its ability to master social problems such as illiteracy, unemployment, and low skills, as well as the willingness to open
PREV.   NEXT  
|<   552   553   554   555   556   557   558   559   560   561   562   563   564   565   566   567   568   569   570   571   572   573   574   575   576  
577   578   579   580   581   582   583   584   585   586   587   588   589   590   591   592   593   594   595   596   597   598   599   600   601   >>   >|  



Top keywords:
Eritrea
 

triangle

 

economy

 

telephone

 

Asmara

 
Ethiopian
 
military
 

production

 

representation

 
Diplomatic

million

 

Economy

 
growth
 

problems

 

Ambassador

 
economic
 

mission

 
losses
 

attack

 
prevented

planting

 

livestock

 

including

 
herding
 
severely
 

farming

 

involved

 
population
 
northern
 

caused


property

 
offensive
 

damage

 

cereal

 
normal
 

holding

 

agriculturalists

 

demobilization

 

development

 
complete

agenda

 
Erratic
 

delayed

 

rainfall

 

unemployment

 

illiteracy

 

skills

 

willingness

 

social

 
depends