FREE BOOKS

Author's List




PREV.   NEXT  
|<   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   3131   3132   3133   >>   >|  
es in Latin America. Recent growth has been fueled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning. Trinidad and Tobago is the leading Caribbean producer of oil and gas, and its economy is heavily dependent upon these resources but it also supplies manufactured goods, notably food and beverages, as well as cement to the Caribbean region. Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment. The country is also a regional financial center, and tourism is a growing sector, although it is not proportionately as important as in many other Caribbean islands. The economy benefits from a growing trade surplus. Economic growth reached 12.6% in 2006 and 5.5% in 2007 as prices for oil, petrochemicals, and LNG remained high, and as foreign direct investment continued to grow to support expanded capacity in the energy sector. Tunisia Tunisia has a diverse economy, with important agricultural, mining, tourism, and manufacturing sectors. Governmental control of economic affairs while still heavy has gradually lessened over the past decade with increasing privatization, simplification of the tax structure, and a prudent approach to debt. Progressive social policies also have helped raise living conditions in Tunisia relative to the region. Real growth, which averaged almost 5% over the past decade, reached 6.3% in 2007 because of development in non-textile manufacturing, a recovery in agricultural production, and strong growth in the services sector. However, Tunisia will need to reach even higher growth levels to create sufficient employment opportunities for an already large number of unemployed as well as the growing population of university graduates. Broader privatization, further liberalization of the investment code to increase foreign investment, improvements in government efficiency, and reduction of the trade deficit are among the challenges ahead. Turkey Turkey's dynamic economy is a complex mix of modern industry and commerce along with a traditional agriculture sector that still accounts for more than 35% of employment. It has a strong and rapidly growing private sector, yet the state still plays a major role in basic industry, banking, transport, and communication. The largest industrial secto
PREV.   NEXT  
|<   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   3131   3132   3133   >>   >|  



Top keywords:

sector

 

growth

 
economy
 

growing

 

Tunisia

 

investment

 

employment

 
Caribbean
 
important
 

region


reached

 

tourism

 

strong

 
foreign
 

Turkey

 

industry

 

decade

 
petrochemicals
 

manufacturing

 

privatization


agricultural

 

sufficient

 

opportunities

 

Progressive

 

helped

 

levels

 
policies
 

social

 

higher

 

create


recovery

 

averaged

 

textile

 

development

 

production

 

living

 

However

 

services

 

conditions

 

relative


liberalization

 
rapidly
 

private

 

accounts

 

traditional

 
agriculture
 

communication

 

largest

 

industrial

 

transport