FREE BOOKS

Author's List




PREV.   NEXT  
|<   3081   3082   3083   3084   3085   3086   3087   3088   3089   3090   3091   3092   3093   3094   3095   3096   3097   3098   3099   3100   3101   3102   3103   3104   3105  
3106   3107   3108   3109   3110   3111   3112   3113   3114   3115   3116   3117   3118   3119   3120   3121   3122   3123   3124   3125   3126   3127   3128   3129   3130   >>   >|  
e Chinese government to improve roads and an electricity transmission network. To help increase north-south trade, the US funded a $36 million bridge which opened in August 2007 and links Tajikistan and Afghanistan. Tanzania Tanzania is one of the poorest countries in the world. The economy depends heavily on agriculture, which accounts for more than 40% of GDP, provides 85% of exports, and employs 80% of the work force. Topography and climatic conditions, however, limit cultivated crops to only 4% of the land area. Industry traditionally featured the processing of agricultural products and light consumer goods. The World Bank, the IMF, and bilateral donors have provided funds to rehabilitate Tanzania's out-of-date economic infrastructure and to alleviate poverty. Long-term growth through 2005 featured a pickup in industrial production and a substantial increase in output of minerals led by gold. Recent banking reforms have helped increase private-sector growth and investment. Continued donor assistance and solid macroeconomic policies supported real GDP growth of nearly 7% in 2007. Thailand With a well-developed infrastructure, a free-enterprise economy, and generally pro-investment policies, Thailand appears to have fully recovered from the 1997-98 Asian Financial Crisis. The country was one of East Asia's best performers from 2002-04. Boosted by strong export growth, the Thai economy grew 4.5% in 2007. Bangkok has pursued preferential trade agreements with a variety of partners in an effort to boost exports and to maintain high growth. By 2007, the tourism sector had largely recovered from the major 2004 tsunami. Following the military coup in September 2006, investment and consumer confidence stagnated due to the uncertain political climate that lasted through the December 2007 elections. Foreign investor sentiment was further tempered by a 30% reserve requirement on capital inflows instituted in December 2006, and discussion of amending Thailand's rules governing foreign-owned businesses. Economic growth in 2007 was due almost entirely to robust export performance - despite the pressure of an appreciating currency. Exports have performed at record levels, rising nearly 17% in 2006 and 12% in 2007. Export-oriented manufacturing - in particular automobile production - and farm output are driving these gains. Timor-Leste In late 1999, a
PREV.   NEXT  
|<   3081   3082   3083   3084   3085   3086   3087   3088   3089   3090   3091   3092   3093   3094   3095   3096   3097   3098   3099   3100   3101   3102   3103   3104   3105  
3106   3107   3108   3109   3110   3111   3112   3113   3114   3115   3116   3117   3118   3119   3120   3121   3122   3123   3124   3125   3126   3127   3128   3129   3130   >>   >|  



Top keywords:

growth

 

investment

 

Tanzania

 

Thailand

 
increase
 

economy

 

export

 

infrastructure

 

sector

 

policies


December

 

featured

 

exports

 

production

 

recovered

 

consumer

 

output

 

maintain

 

tsunami

 

Following


military
 

September

 

largely

 

tourism

 

performers

 

Boosted

 

Financial

 

Crisis

 

country

 

strong


agreements

 

variety

 

partners

 

preferential

 

pursued

 

Bangkok

 

confidence

 

effort

 
investor
 

levels


record

 
rising
 
Export
 
performed
 
pressure
 
appreciating
 
currency
 

Exports

 

oriented

 

manufacturing