eement with the institution. Corruption, especially in the
extractive sectors, is a major challenge facing Angola.

Anguilla
Anguilla has few natural resources, and the economy depends
heavily on luxury tourism, offshore banking, lobster fishing, and
remittances from emigrants. Increased activity in the tourism
industry, which has spurred the growth of the construction sector,
has contributed to economic growth. Anguillan officials have put
substantial effort into developing the offshore financial sector,
which is small, but growing. In the medium term, prospects for the
economy will depend largely on the tourism sector and, therefore, on
revived income growth in the industrialized nations as well as on
favorable weather conditions.

Antarctica
Fishing off the coast and tourism, both based abroad,
account for Antarctica's limited economic activity. Antarctic
fisheries in 2003-04 (1 July-30 June) reported landing 136,262
metric tons (estimated fishing from the area covered by the
Convention on the Conservation of Antarctic Marine Living Resources
(CCAMLR), which extends slightly beyond the Antarctic Treaty area).
Unregulated fishing, particularly of Patagonian toothfish, is a
serious problem. The CCAMLR determines the recommended catch limits
for marine species. A total of 23,175 tourists visited in the
2004-05 Antarctic summer, up from the 19,486 visitors the previous
year. Nearly all of them were passengers on commercial
(nongovernmental) ships and several yachts that make trips during
the summer. Most tourist trips last approximately two weeks.

Antigua and Barbuda
Tourism continues to dominate the economy,
accounting for more than half of GDP. Weak tourist arrival numbers
since early 2000 have slowed the economy and pressed the government
into a tight fiscal corner. The dual-island nation's agricultural
production is focused on the domestic market and constrained by a
limited water supply and a labor shortage stemming from the lure of
higher wages in tourism and construction. Manufacturing comprises
enclave-type assembly for export with major products being bedding,
handicrafts, and electronic components. Prospects for economic
growth in the medium term will continue to depend on income growth
in the industrialized world, especially in the US, which accounts
for slightly more than one-third of tourist arrivals.

Arctic Ocean
Economic ac