FREE BOOKS

Author's List




PREV.   NEXT  
|<   372   373   374   375   376   377   378   379   380   381   382   383   384   385   386   387   388   389   390   391   392   393   394   395   396  
397   398   399   400   401   402   403   404   405   406   407   408   409   410   411   412   413   414   415   416   417   418   419   420   421   >>   >|  
cil or ELF-RC [Ahmed NASSER]; Eritrean Liberation Front-United Organization or ELF-UO [Mohammed Said NAWD]; Eritrean Public Forum or EPF [ARADOM Iyob] International organization participation: ACP, AfDB, CCC, ECA, FAO, IBRD, ICAO, ICFTU, IDA, IFAD, IFC, IFRCS (associate), IGAD, ILO, IMF, IMO, Interpol, IOC, ITU, NAM, OAU, OPCW, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WToO Diplomatic representation in the US: chief of mission: Ambassador GIRMA Asmerom telephone: [1] (202) 319-1991 FAX: [1] (202) 319-1304 chancery: 1708 New Hampshire Avenue NW, Washington, DC 20009 Diplomatic representation from the US: chief of mission: Ambassador Donald J. McCONNELL embassy: Franklin D. Roosevelt 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 on 24 May 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 in 1999 fell to less than 1%, and GDP decreased by 8.2% 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. Eritrea's economic future remains mixed. The cessation of Ethiopian trade, which mainly used Eritrean ports before the war, leaves Eritrea with a large economic hole to fill. Eritrea's economic future depends upon its ability to master fundamental social problems like illiteracy, unemployment, and low skills, and to convert the diaspora's money and expertise into economic growth. GDP: purchasing power parity - $3.2 billion (2001 est.) GDP - re
PREV.   NEXT  
|<   372   373   374   375   376   377   378   379   380   381   382   383   384   385   386   387   388   389   390   391   392   393   394   395   396  
397   398   399   400   401   402   403   404   405   406   407   408   409   410   411   412   413   414   415   416   417   418   419   420   421   >>   >|  



Top keywords:

Eritrea

 

economic

 

Ethiopian

 

Eritrean

 

triangle

 

representation

 

telephone

 

million

 

Asmara

 

Ambassador


mission

 

Diplomatic

 
Economy
 

economy

 

problems

 
future
 

growth

 

caused

 

nations

 
African

including

 

losses

 

damage

 

property

 
economies
 

northern

 

largely

 
herding
 

farming

 

severely


decreased

 

involved

 
subsistence
 

agriculture

 

population

 

offensive

 

productive

 
ability
 
master
 

fundamental


social

 

depends

 

leaves

 

illiteracy

 

unemployment

 

parity

 

billion

 
purchasing
 

skills

 

convert