the spike in oil prices and the government's tight
fiscal policy, leading to a large increase in the trade surplus, the
near tripling of foreign exchange reserves, and reduction in foreign
debt. The government continues efforts to diversify the economy by
attracting foreign and domestic investment outside the energy
sector, but has had little success in reducing high unemployment and
improving living standards.

American Samoa:
This is a traditional Polynesian economy in which
more than 90% of the land is communally owned. Economic activity is
strongly linked to the US, with which American Samoa conducts the
great bulk of its foreign trade. Tuna fishing and tuna processing
plants are the backbone of the private sector, with canned tuna the
primary export. Transfers from the US Government add substantially
to American Samoa's economic well-being. Attempts by the government
to develop a larger and broader economy are restrained by Samoa's
remote location, its limited transportation, and its devastating
hurricanes. Tourism, a developing sector, has been held back by the
recurring financial difficulties in East Asia.

Andorra:
Tourism, the mainstay of Andorra's tiny, well-to-do
economy, accounts for roughly 80% of GDP. An estimated 9 million
tourists visit annually, attracted by Andorra's duty-free status and
by its summer and winter resorts. Andorra's comparative advantage
has recently eroded as the economies of neighboring France and Spain
have been opened up, providing broader availability of goods and
lower tariffs. The banking sector, with its "tax haven" status, also
contributes substantially to the economy. Agricultural production is
limited by a scarcity of arable land, and most food has to be
imported. The principal livestock activity is sheep raising.
Manufacturing output consists mainly of cigarettes, cigars, and
furniture. Andorra is a member of the EU Customs Union and is
treated as an EU member for trade in manufactured goods (no tariffs)
and as a non-EU member for agricultural products.

Angola:
Angola is an economy in disarray because of a quarter
century of nearly continuous warfare. Despite its abundant natural
resources, output per capita is among the world's lowest.
Subsistence agriculture provides the main livelihood for 85% of the
population. Oil production and the supporting activities are vital
to the economy, contributi