FREE BOOKS

Author's List




PREV.   NEXT  
|<   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230   231   232   233  
234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253   254   255   256   257   258   >>   >|  
our rectangles--the top ones are blue (hoist side) and red, the bottom ones are red (hoist side) and blue; a small coat of arms is at the center of the cross _*_Economy _#_Overview: The economy is largely dependent on trade; imported components average 60% of the value of goods consumed in the domestic market. Rapid growth of free trade zones has established a significant expansion of manufacturing for export, especially wearing apparel. Over the past decade tourism has also increased in importance and is a major earner of foreign exchange and a source of new jobs. Agriculture remains a key sector of the economy. The principal commercial crop is sugarcane, followed by coffee, cotton, cocoa, and tobacco. Domestic industry is based on the processing of agricultural products, durable consumer goods, minerals, and chemicals. Unemployment is officially reported at about 30%, but there is considerable underemployment. An increasing foreign debt burden and galloping inflation are the economy's greatest weaknesses. _#_GDP: $6.68 billion, per capita $940; real growth rate 4.2% (1989) _#_Inflation rate (consumer prices): 70% (1990 est.) _#_Unemployment rate: 29% (1990 est.) _#_Budget: revenues $413 million; expenditures $522 million, including capital expenditures of $218 million (1988) _#_Exports: $922 million (f.o.b., 1990 est.); commodities--sugar, coffee, cocoa, gold, ferronickel; partners--US 60%, EC 19%, Puerto Rico 8% (1990) _#_Imports: $1.9 billion (c.i.f., 1990 est.); commodities--foodstuffs, petroleum, cotton and fabrics, chemicals and pharmaceuticals; partners--US 50% _#_External debt: $4.2 billion (1990 est.) _#_Industrial production: growth rate 2.3% (1989 est.); accounts for 18% of GDP _#_Electricity: 1,445,000 kW capacity; 4,200 million kWh produced, 580 kWh per capita (1990) _#_Industries: tourism, sugar processing, ferronickel and gold mining, textiles, cement, tobacco _#_Agriculture: accounts for 15% of GDP and employs 49% of labor force; sugarcane most important commercial crop, followed by coffee, cotton, cocoa, and tobacco; food crops--rice, beans, potatoes, corn, bananas; animal output--cattle, hogs, dairy products, meat, eggs; not self-sufficient in food _#_Economic aid: US commitments, including Ex-Im (FY85-89), $576.5 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-88), $569 million _#_Currency: Dominican p
PREV.   NEXT  
|<   209   210   211   212   213   214   215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230   231   232   233  
234   235   236   237   238   239   240   241   242   243   244   245   246   247   248   249   250   251   252   253   254   255   256   257   258   >>   >|  



Top keywords:

million

 

coffee

 

growth

 

economy

 
tobacco
 
cotton
 

billion

 

consumer

 

products

 

chemicals


Unemployment

 
processing
 

Agriculture

 

foreign

 
commercial
 

sugarcane

 
accounts
 
ferronickel
 
partners
 

including


commodities

 

expenditures

 
capita
 

tourism

 

commitments

 
pharmaceuticals
 

Western

 

fabrics

 
petroleum
 
foodstuffs

countries
 

External

 
Electricity
 
Industrial
 

production

 

Puerto

 

Imports

 

Dominican

 
Currency
 

bilateral


important

 
Economic
 

sufficient

 

output

 

cattle

 

animal

 

bananas

 

potatoes

 

Industries

 

produced