ne in
industrial and agricultural production. While Tajikistan has
experienced steady economic growth since 1997, nearly two-thirds of
the population continue to live in abject poverty. Economic growth
reached 10.6% in 2004, but dropped to 8% in 2005, and to 7% in 2006.
Tajikistan's economic situation, however, remains fragile due to
uneven implementation of structural reforms, weak governance,
widespread unemployment, and the external debt burden. Continued
privatization of medium and large state-owned enterprises could
increase productivity. A debt restructuring agreement was reached
with Russia in December 2002, including a $250 million write-off of
Tajikistan's $300 million debt to Russia. Tajikistan ranks third in
the world in terms of water resources per head. A proposed
investment to finish the hydropower dams Rogun and Sangtuda I and II
would substantially add to electricity production, which could be
exported for profit. If finished, Rogun will be the world's tallest
dam. In 2006, Tajikistan was the recipient of substantial Shanghai
Cooperation Organization infrastructure development credits to
improve its roads and electricity transmission network.

Tanzania
Tanzania is one of the poorest countries in the world. The
economy depends heavily on agriculture, which accounts for almost
half of GDP, provides 85% of exports, and employs 80% of the work
force. Topography and climatic conditions, however, limit cultivated
crops to only 4% of the land area. Industry traditionally featured
the processing of agricultural products and light consumer goods.
The World Bank, the International Monetary Fund, and bilateral
donors have provided funds to rehabilitate Tanzania's out-of-date
economic infrastructure and to alleviate poverty. Long-term growth
through 2005 featured a pickup in industrial production and a
substantial increase in output of minerals, led by gold. Recent
banking reforms have helped increase private-sector growth and
investment. Continued donor assistance and solid macroeconomic
policies supported real GDP growth of nearly 6% in 2006.

Thailand
With a well-developed infrastructure, a free-enterprise
economy, and pro-investment policies, Thailand appears to have fully
recovered from the 1997-98 Asian Financial Crisis. The country was
one of East Asia's best performers in 2002-04. Boosted by increased
consumption and strong export