Azerbaijan Economy Overview
Azerbaijan's high economic growth during 2006-08 was attributable to large and growing oil exports, but some non-export sectors also featured double-digit growth, spurred by growth in the construction, banking, and real estate sectors. In 2009, economic growth remained above 9% even as oil prices moderated and growth in the construction sector cooled. In 2010, economic growth slowed to 3.7%, although the impact of the global financial crisis was less severe than in many other countries in the region. The current global economic slowdown presents some challenges for the Azerbaijani economy as oil prices remain below their mid-2008 highs, highlighting Azerbaijan's reliance on energy exports and lackluster attempts to diversify its economy. Azerbaijan's oil production increased dramatically in 1997, when Azerbaijan signed the first production-sharing arrangement (PSA) with the Azerbaijan International Operating Company. Oil exports through the Baku-Tbilisi-Ceyhan Pipeline remain the main economic driver while efforts to boost Azerbaijan's gas production are underway. However, Azerbaijan has made only limited progress on instituting market-based economic reforms. Pervasive public and private sector corruption and structural economic inefficiencies remain a drag on long-term growth, particularly in non-energy sectors.
Several other obstacles impede Azerbaijan's economic progress: the need for stepped up foreign investment in the non-energy sector and the continuing conflict with Armenia over the Nagorno-Karabakh region. Trade with Russia and the other former Soviet republics is declining in importance, while trade is building with Turkey and the nations of Europe. Long-term prospects will depend on world oil prices, the location of new oil and gas pipelines in the region, and Azerbaijan's ability to manage its energy wealth to promote sustainable growth in non-energy sectors of the economy and spur employment.
Azerbaijan Flag Description
three equal horizontal bands of blue (top), red, and green; a crescent and eight-pointed star in white are centered in the red band; the blue band recalls Azerbaijan's Turkic heritage, red stands for modernization and progress, and green refers to Islam; the crescent moon is an Islamic symbol, while the eight-pointed star represents the eight Turkic peoples of the world.
Azerbaijan Independence and Governament type
30 August 1991 (declared from the Soviet Union); 18 October 1991 (adopted by the Supreme Council of Azerbaijan)
republic.
republic.
Azerbaijan CAPITAL
name: Baku (Baki, Baky)
geographic coordinates: 40 23 N, 49 52 E
time difference: UTC+4 (9 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October.
geographic coordinates: 40 23 N, 49 52 E
time difference: UTC+4 (9 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October.
Azerbaijan AREA
total: 86,600 sq km
country comparison to the world: 112
land: 82,629 sq km
water: 3,971 sq km
note: includes the exclave of Naxcivan Autonomous Republic and the Nagorno-Karabakh region; the region's autonomy was abolished by Azerbaijani Supreme Soviet on 26 November 1991
country comparison to the world: 112
land: 82,629 sq km
water: 3,971 sq km
note: includes the exclave of Naxcivan Autonomous Republic and the Nagorno-Karabakh region; the region's autonomy was abolished by Azerbaijani Supreme Soviet on 26 November 1991
Azerbaijan Country Information
INTRODUCTION:
Azerbaijan - a nation with a majority-Turkic and majority-Muslim population - was briefly independent from 1918 to 1920; it regained its independence after the collapse of the Soviet Union in 1991. Despite a 1994 cease-fire, Azerbaijan has yet to resolve its conflict with Armenia over Nagorno-Karabakh, a primarily Armenian-populated region that Moscow recognized as part of Soviet Azerbaijan in the 1920s after Armenia and Azerbaijan disputed the status of the territory. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991.
By May 1994, when a cease-fire took hold, ethnic Armenian forces held not only Nagorno-Karabakh but also seven surrounding provinces in the territory of Azerbaijan. Corruption in the country is ubiquitous, and the government, which eliminated presidential term limits in a 2009 referendum, has been accused of authoritarianism. Although the poverty rate has been reduced in recent years due to revenue from oil production, the promise of widespread wealth resulting from the continued development of Azerbaijan's energy sector remains largely unfulfilled.
Azerbaijan - a nation with a majority-Turkic and majority-Muslim population - was briefly independent from 1918 to 1920; it regained its independence after the collapse of the Soviet Union in 1991. Despite a 1994 cease-fire, Azerbaijan has yet to resolve its conflict with Armenia over Nagorno-Karabakh, a primarily Armenian-populated region that Moscow recognized as part of Soviet Azerbaijan in the 1920s after Armenia and Azerbaijan disputed the status of the territory. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991.
By May 1994, when a cease-fire took hold, ethnic Armenian forces held not only Nagorno-Karabakh but also seven surrounding provinces in the territory of Azerbaijan. Corruption in the country is ubiquitous, and the government, which eliminated presidential term limits in a 2009 referendum, has been accused of authoritarianism. Although the poverty rate has been reduced in recent years due to revenue from oil production, the promise of widespread wealth resulting from the continued development of Azerbaijan's energy sector remains largely unfulfilled.
Austria Country Information
INTRODUCTION:
Once the center of power for the large Austro-Hungarian Empire, Austria was reduced to a small republic after its defeat in World War I. Following annexation by Nazi Germany in 1938 and subsequent occupation by the victorious Allies in 1945, Austria's status remained unclear for a decade. A State Treaty signed in 1955 ended the occupation, recognized Austria's independence, and forbade unification with Germany. A constitutional law that same year declared the country's "perpetual neutrality" as a condition for Soviet military withdrawal. The Soviet Union's collapse in 1991 and Austria's entry into the European Union in 1995 have altered the meaning of this neutrality. A prosperous, democratic country, Austria entered the EU Economic and Monetary Union in 1999.
AREA:
total: 83,871 sq km
country comparison to the world: 113
land: 82,445 sq km
water: 1,426 sq km
PEOPLE:
POPULATION:
8,217,280 (July 2011 est.)
country comparison to the world: 92
MAJOR CITIES:
VIENNA (capital) 1.693 million (2009)
RELIGION:
Roman Catholic 73.6%, Protestant 4.7%, Muslim 4.2%, other 3.5%, unspecified 2%, none 12% (2001 census)
LANGUAGES:
German (official nationwide) 88.6%, Turkish 2.3%, Serbian 2.2%, Croatian (official in Burgenland) 1.6%, other (includes Slovene, official in Carinthia, and Hungarian, official in Burgenland) 5.3% (2001 census)
GOVERNMENT:
COUNTRY NAME:
conventional long form: Republic of Austria
conventional short form: Austria
local long form: Republik Oesterreich
local short form: Oesterreich.
CAPITAL:
name: Vienna
geographic coordinates: 48 12 N, 16 22 E
time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October.
INDEPENDENCE:
12 November 1918 (republic proclaimed); notable earlier dates: 976 (Margravate of Austria established); 17 September 1156 (Duchy of Austria founded); 11 August 1804 (Austrian Empire proclaimed).
GOVERNMENT TYPE:
federal republic.
FLAG DESCRIPTION:
three equal horizontal bands of red (top), white, and red; the flag design is certainly one of the oldest - if not the oldest - national banners in the world; according to tradition, in 1191, following a fierce battle in the Third Crusade, Duke Leopold V of Austria's white tunic became completely blood-spattered; upon removal of his wide belt or sash, a white band was revealed; the red-white-red color combination was subsequently adopted as his banner.
ECONOMY:
Austria, with its well-developed market economy and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. Following several years of solid foreign demand for Austrian exports and record employment growth, the international financial crisis and global economic downturn in 2008 led to a sharp but brief recession. Austrian GDP contracted 3.9% in 2009 but saw positive growth of about 2% in 2010. Unemployment has not risen as steeply in Austria as elsewhere in Europe, partly because its government has subsidized reduced working hour schemes to allow companies to retain employees. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 3.5% of GDP in 2009 and 4.7% in 2010, from only about 1.3% in 2008.
The international financial crisis caused difficulties for Austria's largest banks whose extensive operations in central, eastern, and southeastern Europe faced large losses. The government provided bank support - including in some instances, nationalization - to prevent insolvency and possible contagion. In the medium-term all large Austrian banks will need additional capital. Even after the global economic outlook improves, Austria will need to continue restructuring, emphasize knowledge-based sectors of the economy, and encourage greater labor flexibility and labor participation to offset growing unemployment and Austria's aging population and low fertility rate.
Once the center of power for the large Austro-Hungarian Empire, Austria was reduced to a small republic after its defeat in World War I. Following annexation by Nazi Germany in 1938 and subsequent occupation by the victorious Allies in 1945, Austria's status remained unclear for a decade. A State Treaty signed in 1955 ended the occupation, recognized Austria's independence, and forbade unification with Germany. A constitutional law that same year declared the country's "perpetual neutrality" as a condition for Soviet military withdrawal. The Soviet Union's collapse in 1991 and Austria's entry into the European Union in 1995 have altered the meaning of this neutrality. A prosperous, democratic country, Austria entered the EU Economic and Monetary Union in 1999.
AREA:
total: 83,871 sq km
country comparison to the world: 113
land: 82,445 sq km
water: 1,426 sq km
PEOPLE:
POPULATION:
8,217,280 (July 2011 est.)
country comparison to the world: 92
MAJOR CITIES:
VIENNA (capital) 1.693 million (2009)
RELIGION:
Roman Catholic 73.6%, Protestant 4.7%, Muslim 4.2%, other 3.5%, unspecified 2%, none 12% (2001 census)
LANGUAGES:
German (official nationwide) 88.6%, Turkish 2.3%, Serbian 2.2%, Croatian (official in Burgenland) 1.6%, other (includes Slovene, official in Carinthia, and Hungarian, official in Burgenland) 5.3% (2001 census)
GOVERNMENT:
COUNTRY NAME:
conventional long form: Republic of Austria
conventional short form: Austria
local long form: Republik Oesterreich
local short form: Oesterreich.
CAPITAL:
name: Vienna
geographic coordinates: 48 12 N, 16 22 E
time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October.
INDEPENDENCE:
12 November 1918 (republic proclaimed); notable earlier dates: 976 (Margravate of Austria established); 17 September 1156 (Duchy of Austria founded); 11 August 1804 (Austrian Empire proclaimed).
GOVERNMENT TYPE:
federal republic.
FLAG DESCRIPTION:
three equal horizontal bands of red (top), white, and red; the flag design is certainly one of the oldest - if not the oldest - national banners in the world; according to tradition, in 1191, following a fierce battle in the Third Crusade, Duke Leopold V of Austria's white tunic became completely blood-spattered; upon removal of his wide belt or sash, a white band was revealed; the red-white-red color combination was subsequently adopted as his banner.
ECONOMY:
Austria, with its well-developed market economy and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. Following several years of solid foreign demand for Austrian exports and record employment growth, the international financial crisis and global economic downturn in 2008 led to a sharp but brief recession. Austrian GDP contracted 3.9% in 2009 but saw positive growth of about 2% in 2010. Unemployment has not risen as steeply in Austria as elsewhere in Europe, partly because its government has subsidized reduced working hour schemes to allow companies to retain employees. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 3.5% of GDP in 2009 and 4.7% in 2010, from only about 1.3% in 2008.
The international financial crisis caused difficulties for Austria's largest banks whose extensive operations in central, eastern, and southeastern Europe faced large losses. The government provided bank support - including in some instances, nationalization - to prevent insolvency and possible contagion. In the medium-term all large Austrian banks will need additional capital. Even after the global economic outlook improves, Austria will need to continue restructuring, emphasize knowledge-based sectors of the economy, and encourage greater labor flexibility and labor participation to offset growing unemployment and Austria's aging population and low fertility rate.
Australia Country Information
INTRODUCTION:
Aboriginal settlers arrived on the continent from Southeast Asia about 40,000 years before the first Europeans began exploration in the 17th century. No formal territorial claims were made until 1770, when Capt. James COOK took possession of the east coast in the name of Great Britain (all of Australia was claimed as British territory in 1829 with the creation of the colony of Western Australia). Six colonies were created in the late 18th and 19th centuries; they federated and became the Commonwealth of Australia in 1901. The new country took advantage of its natural resources to rapidly develop agricultural and manufacturing industries and to make a major contribution to the British effort in World Wars I and II. In recent decades, Australia has transformed itself into an internationally competitive, advanced market economy. It boasted one of the OECD's fastest growing economies during the 1990s, a performance due in large part to economic reforms adopted in the 1980s. Long-term concerns include ageing of the population, pressure on infrastructure, and environmental issues such as frequent droughts.
AREA:
total: 7,741,220 sq km
country comparison to the world: 6
land: 7,682,300 sq km
water: 58,920 sq km
PEOPLE:
POPULATION:
21,766,711 (July 2011 est.)
country comparison to the world: 55
RELIGION:
Catholic 25.8%, Anglican 18.7%, Uniting Church 5.7%, Presbyterian and Reformed 3%, Eastern Orthodox 2.7%, other Christian 7.9%, Buddhist 2.1%, Muslim 1.7%, other 2.4%, unspecified 11.3%, none 18.7% (2006 Census)
LANGUAGES:
English 78.5%, Chinese 2.5%, Italian 1.6%, Greek 1.3%, Arabic 1.2%, Vietnamese 1%, other 8.2%, unspecified 5.7% (2006 Census).
GOVERNMENT:
COUNTRY NAME:
conventional long form: Commonwealth of Australia
conventional short form: Australia.
CAPITAL:
name: Canberra
geographic coordinates: 35 17 S, 149 13 E
time difference: UTC+10 (15 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins first Sunday in October; ends first Sunday in April
note: Australia is divided into three time zones.
INDEPENDENCE:
1 January 1901 (from the federation of UK colonies).
GOVERNMENT TYPE:
federal parliamentary democracy and a Commonwealth realm.
FLAG DESCRIPTION:
blue with the flag of the UK in the upper hoist-side quadrant and a large seven-pointed star in the lower hoist-side quadrant known as the Commonwealth or Federation Star, representing the federation of the colonies of Australia in 1901; the star depicts one point for each of the six original states and one representing all of Australia's internal and external territories; on the fly half is a representation of the Southern Cross constellation in white with one small five-pointed star and four larger, seven-pointed stars.
ECONOMY:
ECONOMY OVERVIEW:
Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron ore, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia also has a large services sector and is a significant exporter of natural resources, energy, and food. Key tenets of Australia's trade policy include support for open trade and the successful culmination of the Doha Round of multilateral trade negotiations, particularly for agriculture and services. The Australian economy grew for 17 consecutive years before the global financial crisis. Subsequently, the Rudd government introduced a fiscal stimulus package worth over US$50 billion to offset the effect of the slowing world economy, while the Reserve Bank of Australia cut interest rates to historic lows. These policies - and continued demand for commodities, especially from China - helped the Australian economy rebound after just one quarter of negative growth. The economy grew by 1.2% during 2009 - the best performance in the OECD - and by 3.3% in 2010. Unemployment, originally expected to reach 8-10%, peaked at 5.7% in late 2009 and fell to 5.1% in 2010. As a result of an improved economy, the budget deficit is expected to peak below 4.2% of GDP and the government could return to budget surpluses as early as 2015. Australia was one of the first advanced economies to raise interest rates, with seven rate hikes between October 2009 and November 2010. The GILLARD government is focused on raising Australia's economic productivity to ensure the sustainability of growth, and continues to manage the symbiotic, but sometimes tense, economic relationship with China. Australia is engaged in the Trans-Pacific Partnership talks and ongoing free trade agreement negotiations with China, Japan, and Korea.
Aboriginal settlers arrived on the continent from Southeast Asia about 40,000 years before the first Europeans began exploration in the 17th century. No formal territorial claims were made until 1770, when Capt. James COOK took possession of the east coast in the name of Great Britain (all of Australia was claimed as British territory in 1829 with the creation of the colony of Western Australia). Six colonies were created in the late 18th and 19th centuries; they federated and became the Commonwealth of Australia in 1901. The new country took advantage of its natural resources to rapidly develop agricultural and manufacturing industries and to make a major contribution to the British effort in World Wars I and II. In recent decades, Australia has transformed itself into an internationally competitive, advanced market economy. It boasted one of the OECD's fastest growing economies during the 1990s, a performance due in large part to economic reforms adopted in the 1980s. Long-term concerns include ageing of the population, pressure on infrastructure, and environmental issues such as frequent droughts.
AREA:
total: 7,741,220 sq km
country comparison to the world: 6
land: 7,682,300 sq km
water: 58,920 sq km
PEOPLE:
POPULATION:
21,766,711 (July 2011 est.)
country comparison to the world: 55
RELIGION:
Catholic 25.8%, Anglican 18.7%, Uniting Church 5.7%, Presbyterian and Reformed 3%, Eastern Orthodox 2.7%, other Christian 7.9%, Buddhist 2.1%, Muslim 1.7%, other 2.4%, unspecified 11.3%, none 18.7% (2006 Census)
LANGUAGES:
English 78.5%, Chinese 2.5%, Italian 1.6%, Greek 1.3%, Arabic 1.2%, Vietnamese 1%, other 8.2%, unspecified 5.7% (2006 Census).
GOVERNMENT:
COUNTRY NAME:
conventional long form: Commonwealth of Australia
conventional short form: Australia.
CAPITAL:
name: Canberra
geographic coordinates: 35 17 S, 149 13 E
time difference: UTC+10 (15 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins first Sunday in October; ends first Sunday in April
note: Australia is divided into three time zones.
INDEPENDENCE:
1 January 1901 (from the federation of UK colonies).
GOVERNMENT TYPE:
federal parliamentary democracy and a Commonwealth realm.
FLAG DESCRIPTION:
blue with the flag of the UK in the upper hoist-side quadrant and a large seven-pointed star in the lower hoist-side quadrant known as the Commonwealth or Federation Star, representing the federation of the colonies of Australia in 1901; the star depicts one point for each of the six original states and one representing all of Australia's internal and external territories; on the fly half is a representation of the Southern Cross constellation in white with one small five-pointed star and four larger, seven-pointed stars.
ECONOMY:
ECONOMY OVERVIEW:
Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron ore, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia also has a large services sector and is a significant exporter of natural resources, energy, and food. Key tenets of Australia's trade policy include support for open trade and the successful culmination of the Doha Round of multilateral trade negotiations, particularly for agriculture and services. The Australian economy grew for 17 consecutive years before the global financial crisis. Subsequently, the Rudd government introduced a fiscal stimulus package worth over US$50 billion to offset the effect of the slowing world economy, while the Reserve Bank of Australia cut interest rates to historic lows. These policies - and continued demand for commodities, especially from China - helped the Australian economy rebound after just one quarter of negative growth. The economy grew by 1.2% during 2009 - the best performance in the OECD - and by 3.3% in 2010. Unemployment, originally expected to reach 8-10%, peaked at 5.7% in late 2009 and fell to 5.1% in 2010. As a result of an improved economy, the budget deficit is expected to peak below 4.2% of GDP and the government could return to budget surpluses as early as 2015. Australia was one of the first advanced economies to raise interest rates, with seven rate hikes between October 2009 and November 2010. The GILLARD government is focused on raising Australia's economic productivity to ensure the sustainability of growth, and continues to manage the symbiotic, but sometimes tense, economic relationship with China. Australia is engaged in the Trans-Pacific Partnership talks and ongoing free trade agreement negotiations with China, Japan, and Korea.
Ashmore and Cartier Country Information
INTRODUCTION:
These uninhabited islands came under Australian authority in 1931; formal administration began two years later. Ashmore Reef supports a rich and diverse avian and marine habitat; in 1983, it became a National Nature Reserve. Cartier Island, a former bombing range, became a marine reserve in 2000.
AREA:
total: 5 sq km
country comparison to the world: 246
land: 5 sq km
water: 0 sq km
note: includes Ashmore Reef (West, Middle, and East Islets) and Cartier Island
PEOPLE:
POPULATION:
no indigenous inhabitants
note: Indonesian fishermen are allowed access to the lagoon and fresh water at Ashmore Reef's West Island; access to East and Middle Islands is by permit only
GOVERNMENT:
COUNTRY NAME:
conventional long form: Territory of Ashmore and Cartier Islands
conventional short form: Ashmore and Cartier Islands.
FLAG DESCRIPTION:
the flag of Australia is used.
ECONOMY:
ECONOMY OVERVIEW:
no economic activity.
These uninhabited islands came under Australian authority in 1931; formal administration began two years later. Ashmore Reef supports a rich and diverse avian and marine habitat; in 1983, it became a National Nature Reserve. Cartier Island, a former bombing range, became a marine reserve in 2000.
AREA:
total: 5 sq km
country comparison to the world: 246
land: 5 sq km
water: 0 sq km
note: includes Ashmore Reef (West, Middle, and East Islets) and Cartier Island
PEOPLE:
POPULATION:
no indigenous inhabitants
note: Indonesian fishermen are allowed access to the lagoon and fresh water at Ashmore Reef's West Island; access to East and Middle Islands is by permit only
GOVERNMENT:
COUNTRY NAME:
conventional long form: Territory of Ashmore and Cartier Islands
conventional short form: Ashmore and Cartier Islands.
FLAG DESCRIPTION:
the flag of Australia is used.
ECONOMY:
ECONOMY OVERVIEW:
no economic activity.
Aruba Country Information
INTRODUCTION:
Discovered and claimed for Spain in 1499, Aruba was acquired by the Dutch in 1636. The island's economy has been dominated by three main industries. A 19th century gold rush was followed by prosperity brought on by the opening in 1924 of an oil refinery. The last decades of the 20th century saw a boom in the tourism industry. Aruba seceded from the Netherlands Antilles in 1986 and became a separate, autonomous member of the Kingdom of the Netherlands. Movement toward full independence was halted at Aruba's request in 1990.
AREA:
total: 180 sq km
country comparison to the world: 216
land: 180 sq km
water: 0 sq km
PEOPLE:
POPULATION:
106,113 (July 2011 est.)
country comparison to the world: 190
note: estimate based on a revision of the base population, fertility, and mortality numbers, as well as a revision of 1985-99 migration estimates from outmigration to inmigration, which is assumed to continue into the future; the new results are consistent with the 2000 census
YEREVAN (capital) 1.11 million (2009)
RELIGION:
Roman Catholic 80.8%, Evangelist 4.1%, Protestant 2.5%, Jehovah's Witnesses 1.5%, Methodist 1.2%, Jewish 0.2%, other 5.1%, none or unspecified 4.6%
LANGUAGES:
Papiamento (a Spanish-Portuguese-Dutch-English dialect) 66.3%, Spanish 12.6%, English (widely spoken) 7.7%, Dutch (official) 5.8%, other 2.2%, unspecified or unknown 5.3% (2000 census)
GOVERNMENT:
COUNTRY NAME:
conventional long form: none
conventional short form: Aruba
CAPITAL:
name: Oranjestad
geographic coordinates: 12 31 N, 70 02 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
INDEPENDENCE:
none (part of the Kingdom of the Netherlands)
GOVERNMENT TYPE:
parliamentary democracy
FLAG DESCRIPTION:
blue, with two narrow, horizontal, yellow stripes across the lower portion and a red, four-pointed star outlined in white in the upper hoist-side corner; the star represents Aruba and its red soil and white beaches, its four points the four major languages (Papiamento, Dutch, Spanish, English) as well as the four points of a compass, to indicate that its inhabitants come from all over the world; the blue symbolizes Caribbean waters and skies; the stripes represent the island's two main "industries": the flow of tourists to the sun-drenched beaches and the flow of minerals from the earth
ECONOMY:
ECONOMY OVERVIEW:
Tourism is the mainstay of the small open Aruban economy, together with offshore banking. Oil refining and storage ended in 2009. The rapid growth of the tourism sector over the last decade has resulted in a substantial expansion of other activities. Over 1.5 million tourists per year visit Aruba with 75% of those from the US. Construction continues to boom with hotel capacity five times the 1985 level. Tourist arrivals rebounded strongly following a dip after the 11 September 2001 attacks. The government has made cutting the budget and trade deficits a high priority.
Discovered and claimed for Spain in 1499, Aruba was acquired by the Dutch in 1636. The island's economy has been dominated by three main industries. A 19th century gold rush was followed by prosperity brought on by the opening in 1924 of an oil refinery. The last decades of the 20th century saw a boom in the tourism industry. Aruba seceded from the Netherlands Antilles in 1986 and became a separate, autonomous member of the Kingdom of the Netherlands. Movement toward full independence was halted at Aruba's request in 1990.
AREA:
total: 180 sq km
country comparison to the world: 216
land: 180 sq km
water: 0 sq km
PEOPLE:
POPULATION:
106,113 (July 2011 est.)
country comparison to the world: 190
note: estimate based on a revision of the base population, fertility, and mortality numbers, as well as a revision of 1985-99 migration estimates from outmigration to inmigration, which is assumed to continue into the future; the new results are consistent with the 2000 census
YEREVAN (capital) 1.11 million (2009)
RELIGION:
Roman Catholic 80.8%, Evangelist 4.1%, Protestant 2.5%, Jehovah's Witnesses 1.5%, Methodist 1.2%, Jewish 0.2%, other 5.1%, none or unspecified 4.6%
LANGUAGES:
Papiamento (a Spanish-Portuguese-Dutch-English dialect) 66.3%, Spanish 12.6%, English (widely spoken) 7.7%, Dutch (official) 5.8%, other 2.2%, unspecified or unknown 5.3% (2000 census)
GOVERNMENT:
COUNTRY NAME:
conventional long form: none
conventional short form: Aruba
CAPITAL:
name: Oranjestad
geographic coordinates: 12 31 N, 70 02 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
INDEPENDENCE:
none (part of the Kingdom of the Netherlands)
GOVERNMENT TYPE:
parliamentary democracy
FLAG DESCRIPTION:
blue, with two narrow, horizontal, yellow stripes across the lower portion and a red, four-pointed star outlined in white in the upper hoist-side corner; the star represents Aruba and its red soil and white beaches, its four points the four major languages (Papiamento, Dutch, Spanish, English) as well as the four points of a compass, to indicate that its inhabitants come from all over the world; the blue symbolizes Caribbean waters and skies; the stripes represent the island's two main "industries": the flow of tourists to the sun-drenched beaches and the flow of minerals from the earth
ECONOMY:
ECONOMY OVERVIEW:
Tourism is the mainstay of the small open Aruban economy, together with offshore banking. Oil refining and storage ended in 2009. The rapid growth of the tourism sector over the last decade has resulted in a substantial expansion of other activities. Over 1.5 million tourists per year visit Aruba with 75% of those from the US. Construction continues to boom with hotel capacity five times the 1985 level. Tourist arrivals rebounded strongly following a dip after the 11 September 2001 attacks. The government has made cutting the budget and trade deficits a high priority.
Armenia Country Information
INTRODUCTION:
Armenia prides itself on being the first nation to formally adopt Christianity (early 4th century). Despite periods of autonomy, over the centuries Armenia came under the sway of various empires including the Roman, Byzantine, Arab, Persian, and Ottoman. During World War I in the western portion of Armenia, Ottoman Turkey instituted a policy of forced resettlement coupled with other harsh practices that resulted in an estimated 1 million Armenian deaths. The eastern area of Armenia was ceded by the Ottomans to Russia in 1828; this portion declared its independence in 1918, but was conquered by the Soviet Red Army in 1920. Armenian leaders remain preoccupied by the long conflict with Azerbaijan over Nagorno-Karabakh, a primarily Armenian-populated region, assigned to Soviet Azerbaijan in the 1920s by Moscow. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991. By May 1994, when a cease-fire took hold, ethnic Armenian forces held not only Nagorno-Karabakh but also a significant portion of Azerbaijan proper. The economies of both sides have been hurt by their inability to make substantial progress toward a peaceful resolution. Turkey closed the common border with Armenia in 1994 because of the Armenian separatists' control of Nagorno-Karabakh and surrounding areas, further hampering Armenian economic growth. In 2009, senior Armenian leaders began pursuing rapprochement with Turkey, aiming to secure an opening of the border; this process is currently dormant.
AREA:
total: 29,743 sq km
country comparison to the world: 142
land: 28,203 sq km
water: 1,540 sq km
PEOPLE:
POPULATION:
2,967,975 (July 2011 est.)
MAJOR CITIES:
YEREVAN (capital) 1.11 million (2009)
RELIGION:
Armenian Apostolic 94.7%, other Christian 4%, Yezidi (monotheist with elements of nature worship) 1.3%
LANGUAGES:
Armenian (official) 97.7%, Yezidi 1%, Russian 0.9%, other 0.4% (2001 census).
GOVERNMENT:
COUNTRY NAME:
conventional long form: Republic of Armenia
conventional short form: Armenia
local long form: Hayastani Hanrapetut'yun
local short form: Hayastan
former: Armenian Soviet Socialist Republic, Armenian Republic
CAPITAL:
name: Yerevan
geographic coordinates: 40 10 N, 44 30 E
time difference: UTC+4 (9 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
INDEPENDENCE:
republic.
GOVERNMENT TYPE:
21 September 1991 (from the Soviet Union).
FLAG DESCRIPTION:
three equal horizontal bands of red (top), blue, and orange; the color red recalls the blood shed for liberty, blue the Armenian skies as well as hope, and orange the land and the courage of the workers who farm it.
ECONOMY OVERVIEW:
After several years of double-digit economic growth, Armenia faced a severe economic recession with GDP declining more than 14% in 2009, despite large loans from multilateral institutions. Sharp declines in the construction sector and workers' remittances, particularly from Russia, were the main reasons for the downturn. The economy began to recover in 2010 with nearly 5% growth. Under the old Soviet central planning system, Armenia developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics, in exchange for raw materials and energy. Armenia has since switched to small-scale agriculture and away from the large agroindustrial complexes of the Soviet era. Armenia has managed to reduce poverty, slash inflation, stabilize its currency, and privatize most small- and medium-sized enterprises. Since the breakup of the Soviet Union in 1991, Armenia had made progress in implementing some economic reforms, including privatization, price reforms, and prudent fiscal policies, but geographic isolation, a narrow export base, and pervasive monopolies in important business sectors have made Armenia particularly vulnerable to the sharp deterioration in the global economy and the economic downturn in Russia. The conflict with Azerbaijan over the ethnic Armenian-dominated region of Nagorno-Karabakh contributed to a severe economic decline in the early 1990s and Armenia's borders with Turkey remain closed. Armenia is particularly dependent on Russian commercial and governmental support and most key Armenian infrastructure is Russian-owned and/or managed, especially in the energy sector. The electricity distribution system was privatized in 2002 and bought by Russia's RAO-UES in 2005. Construction of a pipeline to deliver natural gas from Iran to Armenia was completed in December 2008, and gas deliveries are slated to expand due to the April 2010 completion of the Yerevan Thermal Power Plant. Armenia has some mineral deposits (copper, gold, bauxite). Pig iron, unwrought copper, and other nonferrous metals are Armenia's highest valued exports. Armenia's severe trade imbalance has been offset somewhat by international aid, remittances from Armenians working abroad, and foreign direct investment. Armenia joined the WTO in January 2003. The government made some improvements in tax and customs administration in recent years, but anti-corruption measures have been ineffective and the current economic downturn has led to a sharp drop in tax revenue and forced the government to accept large loan packages from Russia, the IMF, and other international financial institutions. Armenia will need to pursue additional economic reforms in order to regain economic growth and improve economic competitiveness and employment opportunities, especially given its economic isolation from two of its nearest neighbors, Turkey and Azerbaijan.
Armenia prides itself on being the first nation to formally adopt Christianity (early 4th century). Despite periods of autonomy, over the centuries Armenia came under the sway of various empires including the Roman, Byzantine, Arab, Persian, and Ottoman. During World War I in the western portion of Armenia, Ottoman Turkey instituted a policy of forced resettlement coupled with other harsh practices that resulted in an estimated 1 million Armenian deaths. The eastern area of Armenia was ceded by the Ottomans to Russia in 1828; this portion declared its independence in 1918, but was conquered by the Soviet Red Army in 1920. Armenian leaders remain preoccupied by the long conflict with Azerbaijan over Nagorno-Karabakh, a primarily Armenian-populated region, assigned to Soviet Azerbaijan in the 1920s by Moscow. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991. By May 1994, when a cease-fire took hold, ethnic Armenian forces held not only Nagorno-Karabakh but also a significant portion of Azerbaijan proper. The economies of both sides have been hurt by their inability to make substantial progress toward a peaceful resolution. Turkey closed the common border with Armenia in 1994 because of the Armenian separatists' control of Nagorno-Karabakh and surrounding areas, further hampering Armenian economic growth. In 2009, senior Armenian leaders began pursuing rapprochement with Turkey, aiming to secure an opening of the border; this process is currently dormant.
AREA:
total: 29,743 sq km
country comparison to the world: 142
land: 28,203 sq km
water: 1,540 sq km
PEOPLE:
POPULATION:
2,967,975 (July 2011 est.)
MAJOR CITIES:
YEREVAN (capital) 1.11 million (2009)
RELIGION:
Armenian Apostolic 94.7%, other Christian 4%, Yezidi (monotheist with elements of nature worship) 1.3%
LANGUAGES:
Armenian (official) 97.7%, Yezidi 1%, Russian 0.9%, other 0.4% (2001 census).
GOVERNMENT:
COUNTRY NAME:
conventional long form: Republic of Armenia
conventional short form: Armenia
local long form: Hayastani Hanrapetut'yun
local short form: Hayastan
former: Armenian Soviet Socialist Republic, Armenian Republic
CAPITAL:
name: Yerevan
geographic coordinates: 40 10 N, 44 30 E
time difference: UTC+4 (9 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
INDEPENDENCE:
republic.
GOVERNMENT TYPE:
21 September 1991 (from the Soviet Union).
FLAG DESCRIPTION:
three equal horizontal bands of red (top), blue, and orange; the color red recalls the blood shed for liberty, blue the Armenian skies as well as hope, and orange the land and the courage of the workers who farm it.
ECONOMY OVERVIEW:
After several years of double-digit economic growth, Armenia faced a severe economic recession with GDP declining more than 14% in 2009, despite large loans from multilateral institutions. Sharp declines in the construction sector and workers' remittances, particularly from Russia, were the main reasons for the downturn. The economy began to recover in 2010 with nearly 5% growth. Under the old Soviet central planning system, Armenia developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics, in exchange for raw materials and energy. Armenia has since switched to small-scale agriculture and away from the large agroindustrial complexes of the Soviet era. Armenia has managed to reduce poverty, slash inflation, stabilize its currency, and privatize most small- and medium-sized enterprises. Since the breakup of the Soviet Union in 1991, Armenia had made progress in implementing some economic reforms, including privatization, price reforms, and prudent fiscal policies, but geographic isolation, a narrow export base, and pervasive monopolies in important business sectors have made Armenia particularly vulnerable to the sharp deterioration in the global economy and the economic downturn in Russia. The conflict with Azerbaijan over the ethnic Armenian-dominated region of Nagorno-Karabakh contributed to a severe economic decline in the early 1990s and Armenia's borders with Turkey remain closed. Armenia is particularly dependent on Russian commercial and governmental support and most key Armenian infrastructure is Russian-owned and/or managed, especially in the energy sector. The electricity distribution system was privatized in 2002 and bought by Russia's RAO-UES in 2005. Construction of a pipeline to deliver natural gas from Iran to Armenia was completed in December 2008, and gas deliveries are slated to expand due to the April 2010 completion of the Yerevan Thermal Power Plant. Armenia has some mineral deposits (copper, gold, bauxite). Pig iron, unwrought copper, and other nonferrous metals are Armenia's highest valued exports. Armenia's severe trade imbalance has been offset somewhat by international aid, remittances from Armenians working abroad, and foreign direct investment. Armenia joined the WTO in January 2003. The government made some improvements in tax and customs administration in recent years, but anti-corruption measures have been ineffective and the current economic downturn has led to a sharp drop in tax revenue and forced the government to accept large loan packages from Russia, the IMF, and other international financial institutions. Armenia will need to pursue additional economic reforms in order to regain economic growth and improve economic competitiveness and employment opportunities, especially given its economic isolation from two of its nearest neighbors, Turkey and Azerbaijan.
Argentina Country Information
INTRODUCTION:
In 1816, the United Provinces of the Rio Plata declared their independence from Spain. After Bolivia, Paraguay, and Uruguay went their separate ways, the area that remained became Argentina. The country's population and culture were heavily shaped by immigrants from throughout Europe, but most particularly Italy and Spain, which provided the largest percentage of newcomers from 1860 to 1930. Up until about the mid-20th century, much of Argentina's history was dominated by periods of internal political conflict between Federalists and Unitarians and between civilian and military factions. After World War II, an era of Peronist populism and direct and indirect military interference in subsequent governments was followed by a military junta that took power in 1976. Democracy returned in 1983 after a failed bid to seize the Falkland (Malvinas) Islands by force, and has persisted despite numerous challenges, the most formidable of which was a severe economic crisis in 2001-02 that led to violent public protests and the successive resignations of several presidents.
AREA:
total: 2,780,400 sq km
country comparison to the world: 8
land: 2,736,690 sq km
water: 43,710 sq km.
PEOPLE:
POPULATION:
41,769,726 (July 2011 est.)
country comparison to the world: 32
MAJOR CITIES:
BUENOS AIRES (capital) 12.988 million; Cordoba 1.493 million; Rosario 1.231 million; Mendoza 917,000; San Miguel de Tucuman 831,000 (2009).
RELIGION:
nominally Roman Catholic 92% (less than 20% practicing), Protestant 2%, Jewish 2%, other 4%.
LANGUAGES:
Spanish (official), Italian, English, German, French.
GOVERNMENT:
COUNTRY NAME:
conventional long form: Argentine Republic
conventional short form: Argentina
local long form: Republica Argentina
local short form: Argentina
CAPITAL:
name: Buenos Aires
geographic coordinates: 34 36 S, 58 40 W
time difference: UTC-3 (2 hours ahead of Washington, DC during Standard Time)
daylight saving time: none scheduled for 2011.
INDEPENDENCE:
republic.
GOVERNMENT TYPE:
constitutional monarchy with a parliamentary system of government and a Commonwealth realm.
FLAG DESCRIPTION:
three equal horizontal bands of light blue (top), white, and light blue; centered in the white band is a radiant yellow sun with a human face known as the Sun of May; the colors represent the clear skies and snow of the Andes; the sun symbol commemorates the appearance of the sun through cloudy skies on 25 May 1810 during the first mass demonstration in favor of independence; the sun features are those of Inti, the Inca god of the sun
ECONOMY:
ECONOMY OVERVIEW:
Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Although one of the world's wealthiest countries 100 years ago, Argentina suffered during most of the 20th century from recurring economic crises, persistent fiscal and current account deficits, high inflation, mounting external debt, and capital flight. A severe depression, growing public and external indebtedness, and a bank run culminated in 2001 in the most serious economic, social, and political crisis in the country's turbulent history. Interim President Adolfo RODRIGUEZ SAA declared a default - the largest in history - on the government's foreign debt in December of that year, and abruptly resigned only a few days after taking office. His successor, Eduardo DUHALDE, announced an end to the peso's decade-long 1-to-1 peg to the US dollar in early 2002. The economy bottomed out that year, with real GDP 18% smaller than in 1998 and almost 60% of Argentines under the poverty line. Real GDP rebounded to grow by an average 8.5% annually over the subsequent six years, taking advantage of previously idled industrial capacity and labor, an audacious debt restructuring and reduced debt burden, excellent international financial conditions, and expansionary monetary and fiscal policies. Inflation also increased, however, during the administration of President Nestor KIRCHNER, which responded with price restraints on businesses, as well as export taxes and restraints, and beginning in early 2007, with understating inflation data. Cristina FERNANDEZ DE KIRCHNER succeeded her husband as President in late 2007, and the rapid economic growth of previous years began to slow sharply the following year as government policies held back exports and the world economy fell into recession. The economy has rebounded strongly from the 2009 recession, but the government's continued reliance on expansionary fiscal and monetary policies risks exacerbating already high inflation.
In 1816, the United Provinces of the Rio Plata declared their independence from Spain. After Bolivia, Paraguay, and Uruguay went their separate ways, the area that remained became Argentina. The country's population and culture were heavily shaped by immigrants from throughout Europe, but most particularly Italy and Spain, which provided the largest percentage of newcomers from 1860 to 1930. Up until about the mid-20th century, much of Argentina's history was dominated by periods of internal political conflict between Federalists and Unitarians and between civilian and military factions. After World War II, an era of Peronist populism and direct and indirect military interference in subsequent governments was followed by a military junta that took power in 1976. Democracy returned in 1983 after a failed bid to seize the Falkland (Malvinas) Islands by force, and has persisted despite numerous challenges, the most formidable of which was a severe economic crisis in 2001-02 that led to violent public protests and the successive resignations of several presidents.
AREA:
total: 2,780,400 sq km
country comparison to the world: 8
land: 2,736,690 sq km
water: 43,710 sq km.
PEOPLE:
POPULATION:
41,769,726 (July 2011 est.)
country comparison to the world: 32
MAJOR CITIES:
BUENOS AIRES (capital) 12.988 million; Cordoba 1.493 million; Rosario 1.231 million; Mendoza 917,000; San Miguel de Tucuman 831,000 (2009).
RELIGION:
nominally Roman Catholic 92% (less than 20% practicing), Protestant 2%, Jewish 2%, other 4%.
LANGUAGES:
Spanish (official), Italian, English, German, French.
GOVERNMENT:
COUNTRY NAME:
conventional long form: Argentine Republic
conventional short form: Argentina
local long form: Republica Argentina
local short form: Argentina
CAPITAL:
name: Buenos Aires
geographic coordinates: 34 36 S, 58 40 W
time difference: UTC-3 (2 hours ahead of Washington, DC during Standard Time)
daylight saving time: none scheduled for 2011.
INDEPENDENCE:
republic.
GOVERNMENT TYPE:
constitutional monarchy with a parliamentary system of government and a Commonwealth realm.
FLAG DESCRIPTION:
three equal horizontal bands of light blue (top), white, and light blue; centered in the white band is a radiant yellow sun with a human face known as the Sun of May; the colors represent the clear skies and snow of the Andes; the sun symbol commemorates the appearance of the sun through cloudy skies on 25 May 1810 during the first mass demonstration in favor of independence; the sun features are those of Inti, the Inca god of the sun
ECONOMY:
ECONOMY OVERVIEW:
Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Although one of the world's wealthiest countries 100 years ago, Argentina suffered during most of the 20th century from recurring economic crises, persistent fiscal and current account deficits, high inflation, mounting external debt, and capital flight. A severe depression, growing public and external indebtedness, and a bank run culminated in 2001 in the most serious economic, social, and political crisis in the country's turbulent history. Interim President Adolfo RODRIGUEZ SAA declared a default - the largest in history - on the government's foreign debt in December of that year, and abruptly resigned only a few days after taking office. His successor, Eduardo DUHALDE, announced an end to the peso's decade-long 1-to-1 peg to the US dollar in early 2002. The economy bottomed out that year, with real GDP 18% smaller than in 1998 and almost 60% of Argentines under the poverty line. Real GDP rebounded to grow by an average 8.5% annually over the subsequent six years, taking advantage of previously idled industrial capacity and labor, an audacious debt restructuring and reduced debt burden, excellent international financial conditions, and expansionary monetary and fiscal policies. Inflation also increased, however, during the administration of President Nestor KIRCHNER, which responded with price restraints on businesses, as well as export taxes and restraints, and beginning in early 2007, with understating inflation data. Cristina FERNANDEZ DE KIRCHNER succeeded her husband as President in late 2007, and the rapid economic growth of previous years began to slow sharply the following year as government policies held back exports and the world economy fell into recession. The economy has rebounded strongly from the 2009 recession, but the government's continued reliance on expansionary fiscal and monetary policies risks exacerbating already high inflation.
Antigua and Barbuda Country Information
INTRODUCTION:
The Siboney were the first to inhabit the islands of Antigua and Barbuda in 2400 B.C., but Arawak Indians populated the islands when COLUMBUS landed on his second voyage in 1493. Early settlements by the Spanish and French were succeeded by the English who formed a colony in 1667. Slavery, established to run the sugar plantations on Antigua, was abolished in 1834. The islands became an independent state within the British Commonwealth of Nations in 1981.
AREA:
total: 442.6 sq km (Antigua 280 sq km; Barbuda 161 sq km)
country comparison to the world: 199
land: 442.6 sq km
water: 0 sq km
note: includes Redonda, 1.6 sq km.
PEOPLE:
POPULATION:
87,884 (July 2011 est.)
country comparison to the world: 196.
MAJOR CITIES:
SAINT JOHN'S (capital) 27,000 (2009).
RELIGION:
Anglican 25.7%, Seventh Day Adventist 12.3%, Pentecostal 10.6%, Moravian 10.5%, Roman Catholic 10.4%, Methodist 7.9%, Baptist 4.9%, Church of God 4.5%, other Christian 5.4%, other 2%, none or unspecified 5.8% (2001 census).
LANGUAGES:
English (official), local dialects.
GOVERNMENT:
CAPITAL:
name: Saint John's
geographic coordinates: 17 07 N, 61 51 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time).
COUNTRY NAME:
conventional long form: none
conventional short form: Antigua and Barbuda.
GOVERNMENT TYPE:
constitutional monarchy with a parliamentary system of government and a Commonwealth realm.
INDEPENDENCE:
1 November 1981 (from the UK).
FLAG DESCRIPTION:
red, with an inverted isosceles triangle based on the top edge of the flag; the triangle contains three horizontal bands of black (top), light blue, and white, with a yellow rising sun in the black band; the sun symbolizes the dawn of a new era, black represents the African heritage of most of the population, blue is for hope, and red is for the dynamism of the people; the "V" stands for victory; the successive yellow, blue, and white coloring is also meant to evoke the country's tourist attractions of sun, sea, and sand.
ECONOMY:
ECONOMY OVERVIEW:
Tourism continues to dominate Antigua and Barbuda's economy, accounting for nearly 60% of GDP and 40% of investment. The dual-island nation's agricultural production is focused on the domestic market and constrained by a limited water supply and a labor shortage stemming from the lure of higher wages in tourism and construction. Manufacturing comprises enclave-type assembly for export with major products being bedding, handicrafts, and electronic components. Prospects for economic growth in the medium term will continue to depend on tourist arrivals from the US, Canada, and Europe and potential damages from natural disasters. After taking office in 2004, the SPENCER government adopted an ambitious fiscal reform program, and was successful in reducing its public debt-to-GDP ratio from 120% to about 90% in 2008. However, the global financial crisis that began in 2008, has led to a significant increase in the national debt, which topped 130% at the end of 2010. The Antiguan economy experienced solid growth from 2003 to 2007, reaching over 12% in 2006 driven by a construction boom in hotels and housing associated with the Cricket World Cup, but growth dropped off in 2008 with the end of the boom. In 2009, Antigua's economy was severely hit by the global economic crisis, suffering from the collapse of its largest financial institution and a steep decline in tourism. This decline continued in 2010 as the country struggled with a yawning budget deficit.
The Siboney were the first to inhabit the islands of Antigua and Barbuda in 2400 B.C., but Arawak Indians populated the islands when COLUMBUS landed on his second voyage in 1493. Early settlements by the Spanish and French were succeeded by the English who formed a colony in 1667. Slavery, established to run the sugar plantations on Antigua, was abolished in 1834. The islands became an independent state within the British Commonwealth of Nations in 1981.
AREA:
total: 442.6 sq km (Antigua 280 sq km; Barbuda 161 sq km)
country comparison to the world: 199
land: 442.6 sq km
water: 0 sq km
note: includes Redonda, 1.6 sq km.
PEOPLE:
POPULATION:
87,884 (July 2011 est.)
country comparison to the world: 196.
MAJOR CITIES:
SAINT JOHN'S (capital) 27,000 (2009).
RELIGION:
Anglican 25.7%, Seventh Day Adventist 12.3%, Pentecostal 10.6%, Moravian 10.5%, Roman Catholic 10.4%, Methodist 7.9%, Baptist 4.9%, Church of God 4.5%, other Christian 5.4%, other 2%, none or unspecified 5.8% (2001 census).
LANGUAGES:
English (official), local dialects.
GOVERNMENT:
CAPITAL:
name: Saint John's
geographic coordinates: 17 07 N, 61 51 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time).
COUNTRY NAME:
conventional long form: none
conventional short form: Antigua and Barbuda.
GOVERNMENT TYPE:
constitutional monarchy with a parliamentary system of government and a Commonwealth realm.
INDEPENDENCE:
1 November 1981 (from the UK).
FLAG DESCRIPTION:
red, with an inverted isosceles triangle based on the top edge of the flag; the triangle contains three horizontal bands of black (top), light blue, and white, with a yellow rising sun in the black band; the sun symbolizes the dawn of a new era, black represents the African heritage of most of the population, blue is for hope, and red is for the dynamism of the people; the "V" stands for victory; the successive yellow, blue, and white coloring is also meant to evoke the country's tourist attractions of sun, sea, and sand.
ECONOMY:
ECONOMY OVERVIEW:
Tourism continues to dominate Antigua and Barbuda's economy, accounting for nearly 60% of GDP and 40% of investment. The dual-island nation's agricultural production is focused on the domestic market and constrained by a limited water supply and a labor shortage stemming from the lure of higher wages in tourism and construction. Manufacturing comprises enclave-type assembly for export with major products being bedding, handicrafts, and electronic components. Prospects for economic growth in the medium term will continue to depend on tourist arrivals from the US, Canada, and Europe and potential damages from natural disasters. After taking office in 2004, the SPENCER government adopted an ambitious fiscal reform program, and was successful in reducing its public debt-to-GDP ratio from 120% to about 90% in 2008. However, the global financial crisis that began in 2008, has led to a significant increase in the national debt, which topped 130% at the end of 2010. The Antiguan economy experienced solid growth from 2003 to 2007, reaching over 12% in 2006 driven by a construction boom in hotels and housing associated with the Cricket World Cup, but growth dropped off in 2008 with the end of the boom. In 2009, Antigua's economy was severely hit by the global economic crisis, suffering from the collapse of its largest financial institution and a steep decline in tourism. This decline continued in 2010 as the country struggled with a yawning budget deficit.
Antarctica Country Information
Introduction:
Speculation over the existence of a "southern land" was not confirmed until the early 1820s when British and American commercial operators and British and Russian national expeditions began exploring the Antarctic Peninsula region and other areas south of the Antarctic Circle. Not until 1840 was it established that Antarctica was indeed a continent and not just a group of islands or an area of ocean. Several exploration "firsts" were achieved in the early 20th century, but generally the area saw little human activity. Following World War II, however, there was an upsurge in scientific research on the continent. A number of countries have set up a range of year-round and seasonal stations, camps, and refuges to support scientific research in Antarctica. Seven have made territorial claims, but not all countries recognize these claims. In order to form a legal framework for the activities of nations on the continent, an Antarctic Treaty was negotiated that neither denies nor gives recognition to existing territorial claims; signed in 1959, it entered into force in 1961.
Area: total: 14 million sq km
land: 14 million sq km (280,000 sq km ice-free, 13.72 million sq km ice-covered) (est.)
note: fifth-largest continent, following Asia, Africa, North America, and South America, but larger than Australia and the subcontinent of Europe.
People:
population: no indigenous inhabitants, but there are both permanent and summer-only staffed research stations.
note: 29 nations, all signatory to the Antarctic Treaty, operate through their National Antarctic Program a number of seasonal-only (summer) and year-round research stations on the continent and its nearby islands south of 60 degrees south latitude (the region covered by the Antarctic Treaty); the population doing and supporting science or engaged in the management and protection of the Antarctic region varies from approximately 4,400 in summer to 1,100 in winter; in addition, approximately 1,000 personnel, including ship's crew and scientists doing onboard research, are present in the waters of the treaty region; peak summer (December-February) population - 4,490 total; Argentina 667, Australia 200, Australia and Romania jointly 13, Belgium 20, Brazil 40, Bulgaria 18, Chile 359, China 90, Czech Republic 20, Ecuador 26, Finland 20, France 125, France and Italy jointly 60, Germany 90, India 65, Italy 102, Japan 125, South Korea 70, NZ 85, Norway 44, Peru 28, Poland 40, Russia 429, South Africa 80, Spain 50, Sweden 20, Ukraine 24, UK 217, US 1,293, Uruguay 70 (2008-2009); winter (June-August) station population - 1,106 total; Argentina 176, Australia 62, Brazil 12, Chile 114, China 29, France 26, France and Italy jointly 13, Germany 9, India 25, Japan 40, South Korea 18, NZ 10, Norway 7, Poland 12, Russia 148, South Africa 10, Ukraine 12, UK 37, US 337, Uruguay 9 (2009); research stations operated within the Antarctic Treaty area (south of 60 degrees south latitude) by National Antarctic Programs: year-round stations - 40 total; Argentina 6, Australia 3, Brazil 1, Chile 6, China 2, France 1, France and Italy jointly 1, Germany 1, India 1, Japan 1, South Korea 1, NZ 1, Norway 1, Poland 1, Russia 5, South Africa 1, Ukraine 1, UK 2, US 3, Uruguay 1 (2009); a range of seasonal-only (summer) stations, camps, and refuges - Argentina, Australia, Belgium, Bulgaria, Brazil, Chile, China, Czech Republic, Ecuador, Finland, France, Germany, India, Italy, Japan, South Korea, New Zealand, Norway, Peru, Poland, Romania (with Australia), Russia, South Africa, Spain, Sweden, Ukraine, UK, US, and Uruguay (2008-2009); in addition, during the austral summer some nations have numerous occupied locations such as tent camps, summer-long temporary facilities, and mobile traverses in support of research (May 2009 est.).
GOVERNMENT:
conventional long form: none
conventional short form: Antarctica.
Capital:
Government type: Antarctic Treaty Summary - the Antarctic region is governed by a system known as the Antarctic Treaty System; the system includes: 1. the Antarctic Treaty, signed on 1 December 1959 and entered into force on 23 June 1961, which establishes the legal framework for the management of Antarctica, 2. Recommendations and Measures adopted at meetings of Antarctic Treaty countries, 3. The Convention for the Conservation of Antarctic Seals (1972), 4. The Convention for the Conservation of Antarctic Marine Living Resources (1980), and 5. The Protocol on Environmental Protection to the Antarctic Treaty (1991); the 33rd Antarctic Treaty Consultative Meeting was held in Punta del Este, Uruguay in May 2010; at these periodic meetings, decisions are made by consensus (not by vote) of all consultative member nations; by April 2010, there were 48 treaty member nations: 28 consultative and 20 non-consultative; consultative (decision-making) members include the seven nations that claim portions of Antarctica as national territory (some claims overlap) and 21 non-claimant nations; the US and Russia have reserved the right to make claims; the US does not recognize the claims of others; Antarctica is administered through meetings of the consultative member nations; decisions from these meetings are carried out by these member nations (with respect to their own nationals and operations) in accordance with their own national laws; the years in parentheses indicate when a consultative member-nation acceded to the Treaty and when it was accepted as a consultative member, while no date indicates the country was an original 1959 treaty signatory; claimant nations are - Argentina, Australia, Chile, France, NZ, Norway, and the UK; nonclaimant consultative nations are - Belgium, Brazil (1975/1983), Bulgaria (1978/1998), China (1983/1985), Ecuador (1987/1990), Finland (1984/1989), Germany (1979/1981), India (1983/1983), Italy (1981/1987), Japan, South Korea (1986/1989), Netherlands (1967/1990), Peru (1981/1989), Poland (1961/1977), Russia, South Africa, Spain (1982/1988), Sweden (1984/1988), Ukraine (1992/2004), Uruguay (1980/1985), and the US; non-consultative members, with year of accession in parentheses, are - Austria (1987), Belarus (2006), Canada (1988), Colombia (1989), Cuba (1984), Czech Republic (1962/1993), Denmark (1965), Estonia (2001), Greece (1987), Guatemala (1991), Hungary (1984), North Korea (1987), Monaco (2008), Papua New Guinea (1981), Portugal (2010), Romania (1971), Slovakia (1962/1993), Switzerland (1990), Turkey (1996), and Venezuela (1999); note - Czechoslovakia acceded to the Treaty in 1962 and separated into the Czech Republic and Slovakia in 1993;
Article 1 - area to be used for peaceful purposes only; military activity, such as weapons testing, is prohibited, but military personnel and equipment may be used for scientific research or any other peaceful purpose; Article 2 - freedom of scientific investigation and cooperation shall continue; Article 3 - free exchange of information and personnel, cooperation with the UN and other international agencies; Article 4 - does not recognize, dispute, or establish territorial claims and no new claims shall be asserted while the treaty is in force; Article 5 - prohibits nuclear explosions or disposal of radioactive wastes; Article 6 - includes under the treaty all land and ice shelves south of 60 degrees 00 minutes south and reserves high seas rights; Article 7 - treaty-state observers have free access, including aerial observation, to any area and may inspect all stations, installations, and equipment; advance notice of all expeditions and of the introduction of military personnel must be given; Article 8 - allows for jurisdiction over observers and scientists by their own states; Article 9 - frequent consultative meetings take place among member nations; Article 10 - treaty states will discourage activities by any country in Antarctica that are contrary to the treaty; Article 11 - disputes to be settled peacefully by the parties concerned or, ultimately, by the ICJ; Articles 12, 13, 14 - deal with upholding, interpreting, and amending the treaty among involved nations; other agreements - some 200 recommendations adopted at treaty consultative meetings and ratified by governments; a mineral resources agreement was signed in 1988 but remains unratified; the Protocol on Environmental Protection to the Antarctic Treaty was signed 4 October 1991 and entered into force 14 January 1998; this agreement provides for the protection of the Antarctic environment through six specific annexes: 1) environmental impact assessment, 2) conservation of Antarctic fauna and flora, 3) waste disposal and waste management, 4) prevention of marine pollution, 5) area protection and management and 6) liability arising from environmental emergencies; it prohibits all activities relating to mineral resources except scientific research; a permanent Antarctic Treaty Secretariat was established in 2004 in Buenos Aires, Argentina
ECONOMY:
ECONOMY OVERVIEW:Scientific undertakings rather than commercial pursuits are the predominate human activity in Antarctica. Fishing off the coast and tourism, both based abroad, account for Antarctica's limited economic activity. Antarctic fisheries, targeting three main species - Patagonian and Antarctic toothfish (Dissostichus eleginoides and D. mawsoni), mackerel icefish (Champsocephalus gunnari), and krill (Euphausia superba) - reported landing 141,147 metric tons in 2008-09 (1 July - 30 June). (Estimated fishing is from the area covered by the Convention on the Conservation of Antarctic Marine Living Resources (CCAMLR), which extends slightly beyond the Antarctic Treaty area.) Unregulated fishing, particularly of Patagonian toothfish (also known as Chilean sea bass), is a serious problem. The CCAMLR determines the recommended catch limits for marine species. A total of 37,858 tourists visited the Antarctic Treaty area in the 2008-09 Antarctic summer, down from the 46,265 visitors in 2007-2008 (estimates provided to the Antarctic Treaty by the International Association of Antarctica Tour Operators (IAATO); this does not include passengers on overflights). Nearly all of them were passengers on commercial (nongovernmental) ships and several yachts that make trips during the summer.
Speculation over the existence of a "southern land" was not confirmed until the early 1820s when British and American commercial operators and British and Russian national expeditions began exploring the Antarctic Peninsula region and other areas south of the Antarctic Circle. Not until 1840 was it established that Antarctica was indeed a continent and not just a group of islands or an area of ocean. Several exploration "firsts" were achieved in the early 20th century, but generally the area saw little human activity. Following World War II, however, there was an upsurge in scientific research on the continent. A number of countries have set up a range of year-round and seasonal stations, camps, and refuges to support scientific research in Antarctica. Seven have made territorial claims, but not all countries recognize these claims. In order to form a legal framework for the activities of nations on the continent, an Antarctic Treaty was negotiated that neither denies nor gives recognition to existing territorial claims; signed in 1959, it entered into force in 1961.
Area: total: 14 million sq km
land: 14 million sq km (280,000 sq km ice-free, 13.72 million sq km ice-covered) (est.)
note: fifth-largest continent, following Asia, Africa, North America, and South America, but larger than Australia and the subcontinent of Europe.
People:
population: no indigenous inhabitants, but there are both permanent and summer-only staffed research stations.
note: 29 nations, all signatory to the Antarctic Treaty, operate through their National Antarctic Program a number of seasonal-only (summer) and year-round research stations on the continent and its nearby islands south of 60 degrees south latitude (the region covered by the Antarctic Treaty); the population doing and supporting science or engaged in the management and protection of the Antarctic region varies from approximately 4,400 in summer to 1,100 in winter; in addition, approximately 1,000 personnel, including ship's crew and scientists doing onboard research, are present in the waters of the treaty region; peak summer (December-February) population - 4,490 total; Argentina 667, Australia 200, Australia and Romania jointly 13, Belgium 20, Brazil 40, Bulgaria 18, Chile 359, China 90, Czech Republic 20, Ecuador 26, Finland 20, France 125, France and Italy jointly 60, Germany 90, India 65, Italy 102, Japan 125, South Korea 70, NZ 85, Norway 44, Peru 28, Poland 40, Russia 429, South Africa 80, Spain 50, Sweden 20, Ukraine 24, UK 217, US 1,293, Uruguay 70 (2008-2009); winter (June-August) station population - 1,106 total; Argentina 176, Australia 62, Brazil 12, Chile 114, China 29, France 26, France and Italy jointly 13, Germany 9, India 25, Japan 40, South Korea 18, NZ 10, Norway 7, Poland 12, Russia 148, South Africa 10, Ukraine 12, UK 37, US 337, Uruguay 9 (2009); research stations operated within the Antarctic Treaty area (south of 60 degrees south latitude) by National Antarctic Programs: year-round stations - 40 total; Argentina 6, Australia 3, Brazil 1, Chile 6, China 2, France 1, France and Italy jointly 1, Germany 1, India 1, Japan 1, South Korea 1, NZ 1, Norway 1, Poland 1, Russia 5, South Africa 1, Ukraine 1, UK 2, US 3, Uruguay 1 (2009); a range of seasonal-only (summer) stations, camps, and refuges - Argentina, Australia, Belgium, Bulgaria, Brazil, Chile, China, Czech Republic, Ecuador, Finland, France, Germany, India, Italy, Japan, South Korea, New Zealand, Norway, Peru, Poland, Romania (with Australia), Russia, South Africa, Spain, Sweden, Ukraine, UK, US, and Uruguay (2008-2009); in addition, during the austral summer some nations have numerous occupied locations such as tent camps, summer-long temporary facilities, and mobile traverses in support of research (May 2009 est.).
GOVERNMENT:
conventional long form: none
conventional short form: Antarctica.
Capital:
Government type: Antarctic Treaty Summary - the Antarctic region is governed by a system known as the Antarctic Treaty System; the system includes: 1. the Antarctic Treaty, signed on 1 December 1959 and entered into force on 23 June 1961, which establishes the legal framework for the management of Antarctica, 2. Recommendations and Measures adopted at meetings of Antarctic Treaty countries, 3. The Convention for the Conservation of Antarctic Seals (1972), 4. The Convention for the Conservation of Antarctic Marine Living Resources (1980), and 5. The Protocol on Environmental Protection to the Antarctic Treaty (1991); the 33rd Antarctic Treaty Consultative Meeting was held in Punta del Este, Uruguay in May 2010; at these periodic meetings, decisions are made by consensus (not by vote) of all consultative member nations; by April 2010, there were 48 treaty member nations: 28 consultative and 20 non-consultative; consultative (decision-making) members include the seven nations that claim portions of Antarctica as national territory (some claims overlap) and 21 non-claimant nations; the US and Russia have reserved the right to make claims; the US does not recognize the claims of others; Antarctica is administered through meetings of the consultative member nations; decisions from these meetings are carried out by these member nations (with respect to their own nationals and operations) in accordance with their own national laws; the years in parentheses indicate when a consultative member-nation acceded to the Treaty and when it was accepted as a consultative member, while no date indicates the country was an original 1959 treaty signatory; claimant nations are - Argentina, Australia, Chile, France, NZ, Norway, and the UK; nonclaimant consultative nations are - Belgium, Brazil (1975/1983), Bulgaria (1978/1998), China (1983/1985), Ecuador (1987/1990), Finland (1984/1989), Germany (1979/1981), India (1983/1983), Italy (1981/1987), Japan, South Korea (1986/1989), Netherlands (1967/1990), Peru (1981/1989), Poland (1961/1977), Russia, South Africa, Spain (1982/1988), Sweden (1984/1988), Ukraine (1992/2004), Uruguay (1980/1985), and the US; non-consultative members, with year of accession in parentheses, are - Austria (1987), Belarus (2006), Canada (1988), Colombia (1989), Cuba (1984), Czech Republic (1962/1993), Denmark (1965), Estonia (2001), Greece (1987), Guatemala (1991), Hungary (1984), North Korea (1987), Monaco (2008), Papua New Guinea (1981), Portugal (2010), Romania (1971), Slovakia (1962/1993), Switzerland (1990), Turkey (1996), and Venezuela (1999); note - Czechoslovakia acceded to the Treaty in 1962 and separated into the Czech Republic and Slovakia in 1993;
Article 1 - area to be used for peaceful purposes only; military activity, such as weapons testing, is prohibited, but military personnel and equipment may be used for scientific research or any other peaceful purpose; Article 2 - freedom of scientific investigation and cooperation shall continue; Article 3 - free exchange of information and personnel, cooperation with the UN and other international agencies; Article 4 - does not recognize, dispute, or establish territorial claims and no new claims shall be asserted while the treaty is in force; Article 5 - prohibits nuclear explosions or disposal of radioactive wastes; Article 6 - includes under the treaty all land and ice shelves south of 60 degrees 00 minutes south and reserves high seas rights; Article 7 - treaty-state observers have free access, including aerial observation, to any area and may inspect all stations, installations, and equipment; advance notice of all expeditions and of the introduction of military personnel must be given; Article 8 - allows for jurisdiction over observers and scientists by their own states; Article 9 - frequent consultative meetings take place among member nations; Article 10 - treaty states will discourage activities by any country in Antarctica that are contrary to the treaty; Article 11 - disputes to be settled peacefully by the parties concerned or, ultimately, by the ICJ; Articles 12, 13, 14 - deal with upholding, interpreting, and amending the treaty among involved nations; other agreements - some 200 recommendations adopted at treaty consultative meetings and ratified by governments; a mineral resources agreement was signed in 1988 but remains unratified; the Protocol on Environmental Protection to the Antarctic Treaty was signed 4 October 1991 and entered into force 14 January 1998; this agreement provides for the protection of the Antarctic environment through six specific annexes: 1) environmental impact assessment, 2) conservation of Antarctic fauna and flora, 3) waste disposal and waste management, 4) prevention of marine pollution, 5) area protection and management and 6) liability arising from environmental emergencies; it prohibits all activities relating to mineral resources except scientific research; a permanent Antarctic Treaty Secretariat was established in 2004 in Buenos Aires, Argentina
ECONOMY:
ECONOMY OVERVIEW:Scientific undertakings rather than commercial pursuits are the predominate human activity in Antarctica. Fishing off the coast and tourism, both based abroad, account for Antarctica's limited economic activity. Antarctic fisheries, targeting three main species - Patagonian and Antarctic toothfish (Dissostichus eleginoides and D. mawsoni), mackerel icefish (Champsocephalus gunnari), and krill (Euphausia superba) - reported landing 141,147 metric tons in 2008-09 (1 July - 30 June). (Estimated fishing is from the area covered by the Convention on the Conservation of Antarctic Marine Living Resources (CCAMLR), which extends slightly beyond the Antarctic Treaty area.) Unregulated fishing, particularly of Patagonian toothfish (also known as Chilean sea bass), is a serious problem. The CCAMLR determines the recommended catch limits for marine species. A total of 37,858 tourists visited the Antarctic Treaty area in the 2008-09 Antarctic summer, down from the 46,265 visitors in 2007-2008 (estimates provided to the Antarctic Treaty by the International Association of Antarctica Tour Operators (IAATO); this does not include passengers on overflights). Nearly all of them were passengers on commercial (nongovernmental) ships and several yachts that make trips during the summer.
Anguilla Country Information
Introduction:
Colonized by English settlers from Saint Kitts in 1650, Anguilla was administered by Great Britain until the early 19th century, when the island - against the wishes of the inhabitants - was incorporated into a single British dependency along with Saint Kitts and Nevis. Several attempts at separation failed. In 1971, two years after a revolt, Anguilla was finally allowed to secede; this arrangement was formally recognized in 1980 with Anguilla becoming a separate British dependency.
Area: total: 91 sq km
country comparison to the world: 225
land: 91 sq km
water: 0 sq km.
People:
population: 15,094 (July 2011 est.)
country comparison to the world: 221.
Major cities: THE VALLEY (capital) 2,000 (2009).
Religion: Anglican 29%, Methodist 23.9%, other Protestant 30.2%, Roman Catholic 5.7%, other Christian 1.7%, other 5.2%, none or unspecified 4.3% (2001 census)
Languages: English (official).
Country name: conventional long form: none
conventional short form: Anguilla.
Capital: name: The Valley
geographic coordinates: 18 13 N, 63 03 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time).
Government type: NA.
Independance: none (overseas territory of the UK).
Flag description: 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 a turquoise-blue field below; the white in the background represents peace; the blue base symbolizes the surrounding sea, as well as faith, youth, and hope; the three dolphins stand for endurance, unity, and strength.
ECONOMY:
ECONOMY OVERVIEW:Anguilla has few natural resources, and the economy depends heavily on luxury tourism, offshore banking, lobster fishing, and remittances from emigrants. Increased activity in the tourism industry has spurred the growth of the construction sector contributing to economic growth. Anguillan officials have put substantial effort into developing the offshore financial sector, which is small but growing. In the medium term, prospects for the economy will depend largely on the tourism sector and, therefore, on revived income growth in the industrialized nations as well as on favorable weather conditions.
Colonized by English settlers from Saint Kitts in 1650, Anguilla was administered by Great Britain until the early 19th century, when the island - against the wishes of the inhabitants - was incorporated into a single British dependency along with Saint Kitts and Nevis. Several attempts at separation failed. In 1971, two years after a revolt, Anguilla was finally allowed to secede; this arrangement was formally recognized in 1980 with Anguilla becoming a separate British dependency.
Area: total: 91 sq km
country comparison to the world: 225
land: 91 sq km
water: 0 sq km.
People:
population: 15,094 (July 2011 est.)
country comparison to the world: 221.
Major cities: THE VALLEY (capital) 2,000 (2009).
Religion: Anglican 29%, Methodist 23.9%, other Protestant 30.2%, Roman Catholic 5.7%, other Christian 1.7%, other 5.2%, none or unspecified 4.3% (2001 census)
Languages: English (official).
Country name: conventional long form: none
conventional short form: Anguilla.
Capital: name: The Valley
geographic coordinates: 18 13 N, 63 03 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time).
Government type: NA.
Independance: none (overseas territory of the UK).
Flag description: 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 a turquoise-blue field below; the white in the background represents peace; the blue base symbolizes the surrounding sea, as well as faith, youth, and hope; the three dolphins stand for endurance, unity, and strength.
ECONOMY:
ECONOMY OVERVIEW:Anguilla has few natural resources, and the economy depends heavily on luxury tourism, offshore banking, lobster fishing, and remittances from emigrants. Increased activity in the tourism industry has spurred the growth of the construction sector contributing to economic growth. Anguillan officials have put substantial effort into developing the offshore financial sector, which is small but growing. In the medium term, prospects for the economy will depend largely on the tourism sector and, therefore, on revived income growth in the industrialized nations as well as on favorable weather conditions.
Angola Country Information
INTRODUCTION
BACKGROUND:
Angola is rebuilding its country after the end of a 27-year civil war in 2002. Fighting between the Popular Movement for the Liberation of Angola (MPLA), led by Jose Eduardo DOS SANTOS, and the National Union for the Total Independence of Angola (UNITA), led by Jonas SAVIMBI, followed independence from Portugal in 1975. Peace seemed imminent in 1992 when Angola held national elections, but fighting picked up again by 1996. Up to 1.5 million lives may have been lost - and 4 million people displaced - in the quarter century of fighting. SAVIMBI's death in 2002 ended UNITA's insurgency and strengthened the MPLA's hold on power. President DOS SANTOS held legislative elections in September 2008 and, despite promising to hold presidential elections in 2009, has since pushed through a new constitution that calls for elections in 2012.
Area: total: 1,246,700 sq km
country comparison to the world: 23
land: 1,246,700 sq km
water: 0 sq km.
People:
population: 13,338,541 (July 2011 est.)
country comparison to the world: 70.
Major cities: LUANDA (capital) 4.511 million; Huambo 979,000 (2009).
Religion: Indigenous beliefs 47%, Roman Catholic 38%, Protestant 15% (1998 est.)
Languages: Portuguese (official), Bantu and other African languages.
Country name: conventional long form: Republic of Angola.
conventional short form: Angola.
local long form: Republica de Angola.
local short form: Angola.
former: People's Republic of Angola.
Capital:
name: Luanda
geographic coordinates: 8 50 S, 13 14 E
time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
Government type: Republic; multiparty presidential regime.
Flag description:
Two equal horizontal bands of red (top) and black with a centered yellow emblem consisting of a five-pointed star within half a cogwheel crossed by a machete (in the style of a hammer and sickle); red represents liberty, black the African continent, the symbols characterize workers and peasants.
Independance: 11 November 1975 (from Portugal).
ECONOMY:
ECONOMY OVERVIEW:Angola's high growth rate in recent years was driven by high international prices for its oil. Angola became a member of OPEC in late 2006 and in late 2007 was assigned a production quota of 1.9 million barrels a day (bbl/day), somewhat less than the 2-2.5 million bbl/day Angola's government had wanted. Oil production and its supporting activities contribute about 85% of GDP. Diamond exports contribute an additional 5%. Subsistence agriculture provides the main livelihood for most of the people, but half of the country's food is still imported. Increased oil production supported growth averaging more than 15% per year from 2004 to 2008. A postwar reconstruction boom and resettlement of displaced persons has led to high rates of growth in construction and agriculture as well. Much of the country's infrastructure is still damaged or undeveloped from the 27-year-long civil war. Land mines left from the war still mar the countryside, even though peace was established after the death of rebel leader Jonas SAVIMBI in February 2002. Since 2005, the government has used billions of dollars in credit lines from China, Brazil, Portugal, Germany, Spain, and the EU to rebuild Angola's public infrastructure. The global recession temporarily stalled economic growth. Lower prices for oil and diamonds during the global recession led to a contraction in GDP in 2009, and many construction projects stopped because Luanda accrued $9 billion in arrears to foreign construction companies when government revenue fell in 2008 and 2009. Angola abandoned its currency peg in 2009, and in November 2009 signed onto an IMF Stand-By Arrangement loan of $1.4 billion to rebuild international reserves. Although consumer inflation declined from 325% in 2000 to under 14% in 2010, Luanda has been unable to reduce inflation below 10%. The Angolan kwanza depreciated again in mid 2010, which, along with higher oil prices, should boost economic growth in all sectors. Corruption, especially in the extractive sectors, also is a major challenge.
BACKGROUND:
Angola is rebuilding its country after the end of a 27-year civil war in 2002. Fighting between the Popular Movement for the Liberation of Angola (MPLA), led by Jose Eduardo DOS SANTOS, and the National Union for the Total Independence of Angola (UNITA), led by Jonas SAVIMBI, followed independence from Portugal in 1975. Peace seemed imminent in 1992 when Angola held national elections, but fighting picked up again by 1996. Up to 1.5 million lives may have been lost - and 4 million people displaced - in the quarter century of fighting. SAVIMBI's death in 2002 ended UNITA's insurgency and strengthened the MPLA's hold on power. President DOS SANTOS held legislative elections in September 2008 and, despite promising to hold presidential elections in 2009, has since pushed through a new constitution that calls for elections in 2012.
Area: total: 1,246,700 sq km
country comparison to the world: 23
land: 1,246,700 sq km
water: 0 sq km.
People:
population: 13,338,541 (July 2011 est.)
country comparison to the world: 70.
Major cities: LUANDA (capital) 4.511 million; Huambo 979,000 (2009).
Religion: Indigenous beliefs 47%, Roman Catholic 38%, Protestant 15% (1998 est.)
Languages: Portuguese (official), Bantu and other African languages.
Country name: conventional long form: Republic of Angola.
conventional short form: Angola.
local long form: Republica de Angola.
local short form: Angola.
former: People's Republic of Angola.
Capital:
name: Luanda
geographic coordinates: 8 50 S, 13 14 E
time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
Government type: Republic; multiparty presidential regime.
Flag description:
Two equal horizontal bands of red (top) and black with a centered yellow emblem consisting of a five-pointed star within half a cogwheel crossed by a machete (in the style of a hammer and sickle); red represents liberty, black the African continent, the symbols characterize workers and peasants.
Independance: 11 November 1975 (from Portugal).
ECONOMY:
ECONOMY OVERVIEW:Angola's high growth rate in recent years was driven by high international prices for its oil. Angola became a member of OPEC in late 2006 and in late 2007 was assigned a production quota of 1.9 million barrels a day (bbl/day), somewhat less than the 2-2.5 million bbl/day Angola's government had wanted. Oil production and its supporting activities contribute about 85% of GDP. Diamond exports contribute an additional 5%. Subsistence agriculture provides the main livelihood for most of the people, but half of the country's food is still imported. Increased oil production supported growth averaging more than 15% per year from 2004 to 2008. A postwar reconstruction boom and resettlement of displaced persons has led to high rates of growth in construction and agriculture as well. Much of the country's infrastructure is still damaged or undeveloped from the 27-year-long civil war. Land mines left from the war still mar the countryside, even though peace was established after the death of rebel leader Jonas SAVIMBI in February 2002. Since 2005, the government has used billions of dollars in credit lines from China, Brazil, Portugal, Germany, Spain, and the EU to rebuild Angola's public infrastructure. The global recession temporarily stalled economic growth. Lower prices for oil and diamonds during the global recession led to a contraction in GDP in 2009, and many construction projects stopped because Luanda accrued $9 billion in arrears to foreign construction companies when government revenue fell in 2008 and 2009. Angola abandoned its currency peg in 2009, and in November 2009 signed onto an IMF Stand-By Arrangement loan of $1.4 billion to rebuild international reserves. Although consumer inflation declined from 325% in 2000 to under 14% in 2010, Luanda has been unable to reduce inflation below 10%. The Angolan kwanza depreciated again in mid 2010, which, along with higher oil prices, should boost economic growth in all sectors. Corruption, especially in the extractive sectors, also is a major challenge.
Andorra Information
Andorra History
For 715 years, from 1278 to 1993, Andorrans lived under a unique co-principality, ruled by French and Spanish leaders (from 1607 onward, the French chief of state and the Spanish bishop of Seu d'Urgell). In 1993, this feudal system was modified with the titular heads of state retained, but the government transformed into a parliamentary democracy. For decades Andorra enjoyed its status as a small refuge of fiscal and banking freedom and benefitted from Spanish and French tourists attracted to the country's duty-free shopping. The situation has changed in recent years as Andorra started to tax foreign investment and other sectors. Tourism accounts for over 80% of Andorra's gross domestic product.
Andorra Geography
Area: total: 468 sq km
country comparison to the world: 194
land: 468 sq km
water: 0 sq km
For 715 years, from 1278 to 1993, Andorrans lived under a unique co-principality, ruled by French and Spanish leaders (from 1607 onward, the French chief of state and the Spanish bishop of Seu d'Urgell). In 1993, this feudal system was modified with the titular heads of state retained, but the government transformed into a parliamentary democracy. For decades Andorra enjoyed its status as a small refuge of fiscal and banking freedom and benefitted from Spanish and French tourists attracted to the country's duty-free shopping. The situation has changed in recent years as Andorra started to tax foreign investment and other sectors. Tourism accounts for over 80% of Andorra's gross domestic product.
Andorra Geography
Area: total: 468 sq km
country comparison to the world: 194
land: 468 sq km
water: 0 sq km
Albania Country Information
Albania Country Information
BACKGROUND:
Albania declared its independence from the Ottoman Empire in 1912, but was conquered by Italy in 1939. Communist partisans took over the country in 1944. Albania allied itself first with the USSR (until 1960), and then with China (to 1978). In the early 1990s, Albania ended 46 years of xenophobic Communist rule and established a multiparty democracy. The transition has proven challenging as successive governments have tried to deal with high unemployment, widespread corruption, a dilapidated physical infrastructure, powerful organized crime networks, and combative political opponents. Albania has made progress in its democratic development since first holding multiparty elections in 1991, but deficiencies remain. International observers judged elections to be largely free and fair since the restoration of political stability following the collapse of pyramid schemes in 1997; however, there have been claims of electoral fraud in every one of Albania's post-communist elections. The 2009 general elections resulted in no single party gaining a majority of the 140 seats in Parliament, and the Movement for Socialist Integration (LSI) and the Democratic Party (DP) combined to form a coalition government, the first such in Albania's history. The Socialist Party (SP) has, in effect, boycotted Parliament since it convened in September 2009 and has called for investigations into alleged electoral fraud in the June 2009 elections. Albania joined NATO in April 2009 and is a potential candidate for EU accession. Although Albania's economy continues to grow, the country is still one of the poorest in Europe, hampered by a large informal economy and an inadequate energy and transportation infrastructure.
GEOGRAPHY:
Area: total: 28,748 sq km
country comparison to the world: 144
land: 27,398 sq km
water: 1,350 sq km.
POPULATION:
2,994,667 (July 2011 est.)
country comparison to the world: 136.
MAJOR CITIES: TIRANA (capital) 433,000 (2009).
RELIGIONS:
Muslim 70%, Albanian Orthodox 20%, Roman Catholic 10%
note: percentages are estimates; there are no available current statistics on religious affiliation; all mosques and churches were closed in 1967 and religious observances prohibited; in November 1990, Albania began allowing private religious practice.
Languages:
Albanian (official - derived from Tosk dialect), Greek, Vlach, Romani, Slavic dialects.
COUNTRY NAME:
conventional long form: Republic of Albania
conventional short form: Albania
local long form: Republika e Shqiperise
local short form: Shqiperia
former: People's Socialist Republic of Albania
Government type:
conventional long form: none
conventional short form: Akrotiri.
Capital:
name: name: Tirana (Tirane)
geographic coordinates: 41 19 N, 19 49 E
time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Independence:
19 August 1919 (from UK control over Afghan foreign affairs).
FLAG DESCRIPTION:
The flag of the UK is used.
ECONOMY:
ECONOMY OVERVIEW:
Albania, a formerly closed, centrally-planned state, is making the difficult transition to a more modern open-market economy. Macroeconomic growth averaged around 6% between 2004-08, but declined to about 3% in 2009-10. Inflation is low and stable. The government has taken measures to curb violent crime, and recently adopted a fiscal reform package aimed at reducing the large gray economy and attracting foreign investment. Remittances, a significant catalyst for economic growth have declined from 12-15% of GDP to 9% of GDP in 2009, mostly from Albanians residing in Greece and Italy; this helps offset the towering trade deficit. The agricultural sector, which accounts for almost half of employment but only about one-fifth of GDP, is limited primarily to small family operations and subsistence farming because of lack of modern equipment, unclear property rights, and the prevalence of small, inefficient plots of land. Energy shortages because of a reliance on hydropower, and antiquated and inadequate infrastructure contribute to Albania's poor business environment and lack of success in attracting new foreign investment needed to expand the country's export base. FDI is among the lowest in the region, but the government has embarked on an ambitious program to improve the business climate through fiscal and legislative reforms. The completion of a new thermal power plant near Vlore has helped diversify generation capacity, and plans to upgrade transmission lines between Albania and Montenegro and Kosovo would help relieve the energy shortages. Also, with help from EU funds, the government is taking steps to improve the poor national road and rail network, a long-standing barrier to sustained economic growth.
Akrotiri Country Information
Akrotiri Country Information
BACKGROUND:
By terms of the 1960 Treaty of Establishment that created the independent Republic of Cyprus, the UK retained full sovereignty and jurisdiction over two areas of almost 254 square kilometers - Akrotiri and Dhekelia. The southernmost and smallest of these is the Akrotiri Sovereign Base Area, which is also referred to as the Western Sovereign Base Area.
GEOGRAPHY:
Area: total: 123 sq km
country comparison to the world: 222
note: includes a salt lake and wetlands
POPULATION:
Approximately 15,700 live on the Sovereign Base Areas of Akrotiri and Dhekelia including 7,700 Cypriots, 3,600 Service and UK-based contract personnel, and 4,400 dependents
country comparison to the world: 218
Languages:
English, Greek.
COUNTRY NAME:
Government type:
conventional long form: none
conventional short form: Akrotiri.
Capital:
name: Episkopi Cantonment (base administrative center for Akrotiri and Dhekelia)
geographic coordinates: 34 40 N, 32 51 E
time difference: UTC+2 (7 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Independence:
19 August 1919 (from UK control over Afghan foreign affairs).
FLAG DESCRIPTION:
the flag of the UK is used.
ECONOMY:
ECONOMY OVERVIEW:
Economic activity is limited to providing services to the military and their families located in Akrotiri. All food and manufactured goods must be imported.
Afghanistan Country Information
BACKGROUND:
Ahmad Shah DURRANI unified the Pashtun tribes and founded Afghanistan in 1747. The country served as a buffer between the British and Russian Empires until it won independence from notional British control in 1919. A brief experiment in democracy ended in a 1973 coup and a 1978 Communist counter-coup. The Soviet Union invaded in 1979 to support the tottering Afghan Communist regime, touching off a long and destructive war. The USSR withdrew in 1989 under relentless pressure by internationally supported anti-Communist mujahedin rebels. A series of subsequent civil wars saw Kabul finally fall in 1996 to the Taliban, a hardline Pakistani-sponsored movement that emerged in 1994 to end the country's civil war and anarchy. Following the 11 September 2001 terrorist attacks in New York City and Washington, D.C., a US, Allied, and anti-Taliban Northern Alliance military action toppled the Taliban for sheltering Osama BIN LADIN. The UN-sponsored Bonn Conference in 2001 established a process for political reconstruction that included the adoption of a new constitution, a presidential election in 2004, and National Assembly elections in 2005. In December 2004, Hamid KARZAI became the first democratically elected president of Afghanistan and the National Assembly was inaugurated the following December. KARZAI was re-elected in August 2009 for a second term. Despite gains toward building a stable central government, a resurgent Taliban and continuing provincial instability - particularly in the south and the east - remain serious challenges for the Afghan Government.
GEOGRAPHY:
Area: Southern Asia, north and west of Pakistan, east of Iran.
POPULATION:
29,835,392 (July 2011 est.)
country comparison to the world: 40
note: this is a significantly revised figure; the previous estimate of 33,609,937 was extrapolated from the last Afghan census held in 1979, which was never completed because of the Soviet invasion.
KABUL (capital) 3.573 million (2009).
RELIGIONS:
Sunni Muslim 80%, Shia Muslim 19%, other 1%.
Languages:
Afghan Persian or Dari (official) 50%, Pashto (official) 35%, Turkic languages (primarily Uzbek and Turkmen) 11%, 30 minor languages (primarily Balochi and Pashai) 4%, much bilingualism.
COUNTRY NAME:
conventional long form: Islamic Republic of Afghanistan
conventional short form: Afghanistan
local long form: Jomhuri-ye Eslami-ye Afghanestan
local short form: Afghanestan
former: Republic of Afghanistan.
Government type:
Islamic republic
Capital:
name: Kabul
geographic coordinates: 34 31 N, 69 11 E
time difference: UTC+4.5 (9.5 hours ahead of Washington, DC during Standard Time)
Independence:
19 August 1919 (from UK control over Afghan foreign affairs).
FLAG DESCRIPTION:
three equal vertical bands of black (hoist side), red, and green, with the national emblem in white centered on the red band and slightly overlapping the other two bands; the center of the emblem features a mosque with pulpit and flags on either side, below the mosque are numerals for the solar year 1298 (1919 in the Gregorian calendar, the year of Afghan independence from the UK); this central image is circled by a border consisting of sheaves of wheat on the left and right, in the upper-center is an Arabic inscription of the Shahada (Muslim creed) below which are rays of the rising sun over the Takbir (Arabic expression meaning "God is great"), and at bottom center is a scroll bearing the name Afghanistan; black signifies the past, red is for the blood shed for independence, and green can represent either hope for the future, agricultural prosperity, or Islam.
ECONOMY OVERVIEW:
Afghanistan's economy is recovering from decades of conflict. The economy has improved significantly since the fall of the Taliban regime in 2001 largely because of the infusion of international assistance, the recovery of the agricultural sector, and service sector growth. Despite the progress of the past few years, Afghanistan is extremely poor, landlocked, and highly dependent on foreign aid, agriculture, and trade with neighboring countries. Much of the population continues to suffer from shortages of housing, clean water, electricity, medical care, and jobs. Criminality, insecurity, weak governance, and the Afghan Government's inability to extend rule of law to all parts of the country pose challenges to future economic growth. Afghanistan's living standards are among the lowest in the world. While the international community remains committed to Afghanistan's development, pledging over $67 billion at four donors' conferences since 2002, the Government of Afghanistan will need to overcome a number of challenges, including low revenue collection, anemic job creation, high levels of corruption, weak government capacity, and poor public infrastructure.
Ahmad Shah DURRANI unified the Pashtun tribes and founded Afghanistan in 1747. The country served as a buffer between the British and Russian Empires until it won independence from notional British control in 1919. A brief experiment in democracy ended in a 1973 coup and a 1978 Communist counter-coup. The Soviet Union invaded in 1979 to support the tottering Afghan Communist regime, touching off a long and destructive war. The USSR withdrew in 1989 under relentless pressure by internationally supported anti-Communist mujahedin rebels. A series of subsequent civil wars saw Kabul finally fall in 1996 to the Taliban, a hardline Pakistani-sponsored movement that emerged in 1994 to end the country's civil war and anarchy. Following the 11 September 2001 terrorist attacks in New York City and Washington, D.C., a US, Allied, and anti-Taliban Northern Alliance military action toppled the Taliban for sheltering Osama BIN LADIN. The UN-sponsored Bonn Conference in 2001 established a process for political reconstruction that included the adoption of a new constitution, a presidential election in 2004, and National Assembly elections in 2005. In December 2004, Hamid KARZAI became the first democratically elected president of Afghanistan and the National Assembly was inaugurated the following December. KARZAI was re-elected in August 2009 for a second term. Despite gains toward building a stable central government, a resurgent Taliban and continuing provincial instability - particularly in the south and the east - remain serious challenges for the Afghan Government.
GEOGRAPHY:
Area: Southern Asia, north and west of Pakistan, east of Iran.
POPULATION:
29,835,392 (July 2011 est.)
country comparison to the world: 40
note: this is a significantly revised figure; the previous estimate of 33,609,937 was extrapolated from the last Afghan census held in 1979, which was never completed because of the Soviet invasion.
KABUL (capital) 3.573 million (2009).
RELIGIONS:
Sunni Muslim 80%, Shia Muslim 19%, other 1%.
Languages:
Afghan Persian or Dari (official) 50%, Pashto (official) 35%, Turkic languages (primarily Uzbek and Turkmen) 11%, 30 minor languages (primarily Balochi and Pashai) 4%, much bilingualism.
COUNTRY NAME:
conventional long form: Islamic Republic of Afghanistan
conventional short form: Afghanistan
local long form: Jomhuri-ye Eslami-ye Afghanestan
local short form: Afghanestan
former: Republic of Afghanistan.
Government type:
Islamic republic
Capital:
name: Kabul
geographic coordinates: 34 31 N, 69 11 E
time difference: UTC+4.5 (9.5 hours ahead of Washington, DC during Standard Time)
Independence:
19 August 1919 (from UK control over Afghan foreign affairs).
FLAG DESCRIPTION:
three equal vertical bands of black (hoist side), red, and green, with the national emblem in white centered on the red band and slightly overlapping the other two bands; the center of the emblem features a mosque with pulpit and flags on either side, below the mosque are numerals for the solar year 1298 (1919 in the Gregorian calendar, the year of Afghan independence from the UK); this central image is circled by a border consisting of sheaves of wheat on the left and right, in the upper-center is an Arabic inscription of the Shahada (Muslim creed) below which are rays of the rising sun over the Takbir (Arabic expression meaning "God is great"), and at bottom center is a scroll bearing the name Afghanistan; black signifies the past, red is for the blood shed for independence, and green can represent either hope for the future, agricultural prosperity, or Islam.
ECONOMY OVERVIEW:
Afghanistan's economy is recovering from decades of conflict. The economy has improved significantly since the fall of the Taliban regime in 2001 largely because of the infusion of international assistance, the recovery of the agricultural sector, and service sector growth. Despite the progress of the past few years, Afghanistan is extremely poor, landlocked, and highly dependent on foreign aid, agriculture, and trade with neighboring countries. Much of the population continues to suffer from shortages of housing, clean water, electricity, medical care, and jobs. Criminality, insecurity, weak governance, and the Afghan Government's inability to extend rule of law to all parts of the country pose challenges to future economic growth. Afghanistan's living standards are among the lowest in the world. While the international community remains committed to Afghanistan's development, pledging over $67 billion at four donors' conferences since 2002, the Government of Afghanistan will need to overcome a number of challenges, including low revenue collection, anemic job creation, high levels of corruption, weak government capacity, and poor public infrastructure.
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