ty - NA;
seats by party - Liberal Vannin Party 2, Man Labor Party 1,
independents 21
Judicial branch:
High Court of Justice (justices are appointed by the Lord Chancellor
of England on the nomination of the lieutenant governor)
Political parties and leaders:
Alliance for Progressive Government; Liberal Vannin Party [Peter
KARRAN]; Man Labor Party; Man Nationalist Party (Mec Vannin)
[Bernard MOFFATT]
note: most members sit as independents
Political pressure groups and leaders:
Alliance for Progressive Government or APG (a government watchdog);
Mec Vannin (political party advocating a sovereign state and
environment policies); note - has only had one member elected to the
Tynwald
International organization participation:
UPU
Diplomatic representation in the US:
none (British crown dependency)
Diplomatic representation from the US:
none (British crown dependency)
Flag description:
red with the Three Legs of Man emblem (Trinacria), in the center;
the three legs are joined at the thigh and bent at the knee; in
order to have the toes pointing clockwise on both sides of the flag,
a two-sided emblem is used
Economy
Isle of Man
Economy - overview:
Offshore banking, manufacturing, and tourism are key sectors of the
economy. The government offers incentives to high-technology
companies and financial institutions to locate on the island; this
has paid off in expanding employment opportunities in high-income
industries. As a result, agriculture and fishing, once the mainstays
of the economy, have declined in their shares of GDP. The Isle of
Man also attracts online gambling sites and the film industry. Trade
is mostly with the UK. The Isle of Man enjoys free access to EU
markets.
GDP (purchasing power parity):
$2.719 billion (2005 est.)
GDP (official exchange rate):
$2.719 billion (2005 est.)
GDP - real growth rate:
5.2% (2005)
GDP - per capita (PPP):
$35,000 (2005 est.)
GDP - composition by sector:
agriculture: 1%
industry: 13%
services: 86% (2000 est.)
Labor force:
39,690 (2001)
Labor force - by occupation:
agriculture, forestry, and fishing 3%, manufacturing 11%,
construction 10%, transport and communication 8%, wholesale and
retail distribution 11%, professional and scientific services 18%,
public administration 6%, banking and finance 18%, tourism 2%,
entertainment and catering 3%, miscellaneous services 10% (200
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