(next to be held NA
January 2003)
Judicial branch: Supreme Court or Tribunal Supreme (judges appointed
by the monarch on the basis of nominations by the National Council)
Political parties and leaders: Campora List [Anne-Maria CAMPORA];
Medecin List [Jean-Louis MEDECIN]; National and Democratic Union or UND
[Jean-Louis CAMPORA]; National Union for the Future of Monaco or UNAM
[leader NA]; Rally for the Monegasque Family or RFM [leader NA]
Political pressure groups and leaders: NA
International organization participation: ACCT, ECE, FAO, IAEA, ICAO,
ICC, ICRM, IFRCS, IHO, IMO, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD,
UNESCO, UPU, WHO, WIPO, WMO, WToO
Diplomatic representation in the US: Monaco does not have an embassy
in the US consulate(s) general: New York
Diplomatic representation from the US: the US does not have an embassy
in Monaco; the US Consul General in Marseille (France) is accredited
to Monaco
Flag description: two equal horizontal bands of red (top) and white;
similar to the flag of Indonesia which is longer and the flag of Poland
which is white (top) and red
Economy Monaco
Economy - overview: Monaco, situated on the French Mediterranean
coast, is a popular resort, attracting tourists to its casino
and pleasant climate. In 2001, a major new construction project
will extend the pier used by cruise ships in the main harbor. The
Principality has successfully sought to diversify into services and
small, high-value-added, nonpolluting industries. The state has no
income tax and low business taxes and thrives as a tax haven both for
individuals who have established residence and for foreign companies
that have set up businesses and offices. The state retains monopolies
in a number of sectors, including tobacco, the telephone network, and
the postal service. Living standards are high, roughly comparable to
those in prosperous French metropolitan areas. Monaco does not publish
national income figures; the estimates below are extremely rough.
GDP: purchasing power parity - $870 million (1999 est.)
GDP - real growth rate: NA%
GDP - per capita: purchasing power parity - $27,000 (1999 est.)
GDP - composition by sector: agriculture: NA% industry: NA% services: NA%
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): NA%
Labor force: 30,540 (January 1994)
Unem
|