ance, are: macroeconomic stability;
private sector competitiveness; human resource development; and good
governance and civic responsibility. Sound macro-economic management
along with high prices for gold and cocoa helped sustain GDP growth
in 2007. Ghana signed a Millennium Challenge Corporation (MCC)
Compact in 2006, which aims to assist in transforming Ghana's
agricultural sector.

Gibraltar
Self-sufficient Gibraltar benefits from an extensive
shipping trade, offshore banking, and its position as an
international conference center. The British military presence has
been sharply reduced and now contributes about 7% to the local
economy, compared with 60% in 1984. The financial sector, tourism
(almost 5 million visitors in 1998), shipping services fees, and
duties on consumer goods also generate revenue. The financial
sector, the shipping sector, and tourism each contribute 25%-30% of
GDP. Telecommunications accounts for another 10%. In recent years,
Gibraltar has seen major structural change from a public to a
private sector economy, but changes in government spending still
have a major impact on the level of employment.

Greece
Greece has a capitalist economy with the public sector
accounting for about 40% of GDP and with per capita GDP at least 75%
of the leading euro-zone economies. Tourism provides 15% of GDP.
Immigrants make up nearly one-fifth of the work force, mainly in
agricultural and unskilled jobs. Greece is a major beneficiary of EU
aid, equal to about 3.3% of annual GDP. The Greek economy grew by
nearly 4.0% per year between 2003 and 2007, due partly to
infrastructural spending related to the 2004 Athens Olympic Games,
and in part to an increased availability of credit, which has
sustained record levels of consumer spending. Greece violated the
EU's Growth and Stability Pact budget deficit criteria of no more
than 3% of GDP from 2001 to 2006, but finally met that criteria in
2007. Public debt, inflation, and unemployment are above the
euro-zone average, but are falling. The Greek Government continues
to grapple with cutting government spending, reducing the size of
the public sector, and reforming the labor and pension systems, in
the face of often vocal opposition from the country's powerful labor
unions and the general public. The economy remains an important
domestic political issue in Greece and, while the ruling New
De