FREE BOOKS

Author's List




PREV.   NEXT  
|<   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85  
86   87   88   89   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   >>   >|  
egislative branch: unicameral House of Assembly (11 seats total, 7 elected by direct popular vote; members serve five-year terms) elections: last held 16 March 1994 (next to be held March 1999) election results: percent of vote by party - NA; seats by party - ANA 2, AUP 2, ADP 2, independent 1 Judicial branch: High Court, judge provided by Eastern Caribbean Supreme Court Political parties and leaders: Anguilla National Alliance or ANA [Osbourne FLEMING]; Anguilla United Party or AUP [Hubert HUGHES]; Anguilla Democratic Party or ADP [Victor BANKS] International organization participation: Caricom (observer), CDB, Interpol (subbureau), OECS (associate), ECLAC (associate) Diplomatic representation in the US: none (dependent territory of the UK) Diplomatic representation from the US: none (dependent territory of the UK) Flag description: blue with the flag of the UK in the upper hoist-side quadrant and the Anguillan coat of arms centered in the outer half of the flag; the coat of arms depicts three orange dolphins in an interlocking circular design on a white background with blue wavy water below Economy Economy - overview: Anguilla has few natural resources, and the economy depends heavily on high-class tourism, offshore banking, lobster fishing, and remittances from emigrants. Output growth had averaged about 7% in recent years, mainly as a result of a boom in tourism thanks to economic expansion in North America and the UK. The economy, and especially the tourism sector, suffered a setback in late 1995 due to the effects of Hurricane Luis in September. Agricultural output had only just begun to recover from a drought in 1994 when Luis hit. Anguillan officials have put substantial effort into developing the offshore financing sector. A comprehensive package of financial services legislation was enacted in late 1994. In the medium term, prospects for the economy will depend on the tourism sector and, therefore, on continuing income growth in the industrialized nations. GDP: purchasing power parity - $52 million (1995 est.) GDP - real growth rate: -4.3% (1995 est.) GDP - per capita: purchasing power parity - $7,400 (1995 est.) GDP - composition by sector: agriculture : NA% industry: NA% services: NA% Inflation rate - consumer price index: 1.6% (1995 est.) Labor force: total: 4,400 (1992) by occupation: commerce 36%, services 29%, construction 18%, transportation and utilities 10%, manufa
PREV.   NEXT  
|<   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85  
86   87   88   89   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   >>   >|  



Top keywords:
tourism
 

Anguilla

 

sector

 
services
 

growth

 

economy

 
parity
 

purchasing

 

associate

 
territory

dependent

 

Anguillan

 

Diplomatic

 
representation
 
offshore
 

Economy

 

branch

 

America

 
effort
 

result


economic

 

expansion

 

Agricultural

 

output

 

setback

 

September

 

developing

 

Hurricane

 

effects

 

suffered


officials

 

drought

 
recover
 

substantial

 

consumer

 
Inflation
 

capita

 

composition

 

agriculture

 

industry


transportation

 

utilities

 
manufa
 

construction

 

occupation

 
commerce
 

enacted

 
medium
 
legislation
 
comprehensive