FREE BOOKS

Author's List




PREV.   NEXT  
|<   507   508   509   510   511   512   513   514   515   516   517   518   519   520   521   522   523   524   525   526   527   528   529   530   531  
532   533   534   535   536   537   538   539   540   541   542   543   544   545   546   547   548   549   550   551   552   553   554   555   556   >>   >|  
US--the US Ambassador to Australia is accredited to Nauru _#_Flag: blue with a narrow, horizontal, yellow stripe across the center and a large white 12-pointed star below the stripe on the hoist side; the star indicates the country's location in relation to the Equator (the yellow stripe) and the 12 points symbolize the 12 original tribes of Nauru _*_Economy _#_Overview: Revenues come from the export of phosphates, the reserves of which are expected to be exhausted by the year 2000. Phosphates have given Nauruans one of the highest per capita incomes in the Third World--$10,000 annually. Few other resources exist so most necessities must be imported, including fresh water from Australia. The rehabilitation of mined land and the replacement of income from phosphates constitute serious long-term problems. Substantial investment in trust funds, out of phosphate income, will help cushion the transition. _#_GNP: over $90 million, per capita $10,000; real growth rate NA% (1989) _#_Inflation rate (consumer prices): NA% _#_Unemployment rate: 0% _#_Budget: revenues $69.7 million; expenditures $51.5 million, including capital expenditures of $NA (FY86 est.) _#_Exports: $93 million (f.o.b., 1984); commodities--phosphates; partners--Australia, NZ _#_Imports: $73 million (c.i.f., 1984); commodities--food, fuel, manufactures, building materials, machinery; partners--Australia, UK, NZ, Japan _#_External debt: $33.3 million _#_Industrial production: growth rate NA% _#_Electricity: 14,000 kW capacity; 50 million kWh produced, 5,430 kWh per capita (1990) _#_Industries: phosphate mining, financial services, coconuts _#_Agriculture: negligible; almost completely dependent on imports for food and water _#_Economic aid: Western (non-US) countries (1970-1988), $2 million _#_Currency: Australian dollar (plural--dollars); 1 Australian dollar ($A) = 100 cents _#_Exchange rates: Australian dollars ($A) per US$1--1.2834 (January 1991), 1.2799 (1990), 1.2618 (1989), 1.2752 (1988), 1.4267 (1987), 1.4905 (1986), 1.4269 (1985) _#_Fiscal year: 1 July-30 June _*_Communications _#_Railroads: 3.9 km; used to haul phosphates from the center of the island to processing facilities on the southwest coast _#_Highways: about 27 km total; 21 km paved, 6 km improved earth _#_Ports: Nauru _#_Merchant marine: 3 ships (1,000 GRT or over) totaling 31,261 GRT/39
PREV.   NEXT  
|<   507   508   509   510   511   512   513   514   515   516   517   518   519   520   521   522   523   524   525   526   527   528   529   530   531  
532   533   534   535   536   537   538   539   540   541   542   543   544   545   546   547   548   549   550   551   552   553   554   555   556   >>   >|  



Top keywords:

million

 

phosphates

 

Australia

 

Australian

 

capita

 
stripe
 

including

 

income

 

dollar

 
expenditures

commodities
 

partners

 

growth

 

phosphate

 

dollars

 

center

 
yellow
 

produced

 

mining

 

Agriculture


negligible

 

completely

 
Highways
 

coconuts

 

financial

 
services
 

Industries

 
materials
 
machinery
 

Merchant


marine
 

manufactures

 

building

 
External
 
production
 

Electricity

 

dependent

 

Industrial

 

improved

 

capacity


imports

 

January

 

Fiscal

 

totaling

 

Railroads

 

countries

 

southwest

 

Economic

 

Western

 

facilities