11 October 1989 (next to be held October 1994); results - percent
of vote by party NA; seats - (10 total, 8 elected) number of seats by party
NA
Executive branch:
British monarch, governor, Executive Council
Legislative branch:
unicameral Legislative Council
Judicial branch:
Supreme Court
Leaders:
Chief of State:
Queen ELIZABETH II (since 6 February 1952)
Head of Government:
Governor David Everard TATHAM (since August 1992)
Member of:
ICFTU
Diplomatic representation in US:
none (dependent territory of the UK)
US diplomatic representation:
none (dependent territory of the UK)
Flag:
blue with the flag of the UK in the upper hoist-side quadrant and the
Falkland Island coat of arms in a white disk centered on the outer half of
the flag; the coat of arms contains a white ram (sheep raising is the major
economic activity) above the sailing ship Desire (whose crew discovered the
islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT

*Falkland Islands (Islas Malvinas), Economy

Overview:
The economy is based on sheep farming, which directly or indirectly employs
most of the work force. A few dairy herds are kept to meet domestic
consumption of milk and milk products, and crops grown are primarily those
for providing winter fodder. Exports feature shipments of high-grade wool to
the UK and the sale of postage stamps and coins. Rich stocks of fish in the
surrounding waters are not presently exploited by the islanders. So far,
efforts to establish a domestic fishing industry have been unsuccessful. In
1987 the government began selling fishing licenses to foreign trawlers
operating within the Falklands exclusive fishing zone. These license fees
amount to more than $40 million per year and are a primary source of income
for the government. To encourage tourism, the Falkland Islands Development
Corporation has built three lodges for visitors attracted by the abundant
wildlife and trout fishing.
National product:
GDP $NA
National product real growth rate:
NA%
National product per capita:
$NA
Inflation rate (consumer prices):
7.4% (1980-87 average)
Unemployment rate:
NA%; labor shortage
Budget:
revenues $62.7 million; expenditures $41.8 million, including capital
expenditures of $NA (FY90)
Exports:
at least $14.7 million
commodities:
wool, hides and skins, and meat
partners:
UK, Netherlands, Japan (1987 est.)
Impo