World Atlas

2011-2012 edition

See too:

World Leaders

World Leaders 2011-2012 edition by Shliman.com is the book of Chiefs of State and Cabinet Members of Foreign Governments.

The book contains biography and photographs of World Leaders.

Table of contents

A B C D E F G H I J K L M N O P Q R S T U V Y Z

World Political Map

International organizations

A
Afghanistan
Albania
Algeria
Andorra
Angola
Antarctica
Antigua & Barbuda
Argentina
Armenia
Australia
Austria
Azerbaijan

B
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bhutan
Bolivia
Bosnia & Herzegovina
Botswana
Brazil
Brunei
Bulgaria
Burkina
Burma see Myanmar
Burundi

C
Cambodia
Cameroon
Canada
Cape Verde
Central African Republic
Chad
Chile
China
Colombia
Comoros
Congo
Congo, Dem. Rep
Costa Rica
Côte d'Ivoire
Croatia
Cuba
Cyprus
Czech Republic

D
Denmark
Djibouti
Dominica
Dominican Republic

E
East Timor
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia

F
Fiji
Finland
France

G
Gabon
Gambia
Georgia
Germany
Ghana
Greece
Grenada
Guatemala
Guinea
Guinea–Bissau
Guyana

H
Haiti
Honduras
Hungary

I
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Italy

J
Jamaica
Japan
Jordan

K
Kazakhstan
Kenya
Kiribati
Korea, North
Korea, South
Kosovo
Kuwait
Kyrgyzstan

L
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg

M
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Morocco
Mozambique
Myanmar (Burma)

N
Namibia
Nauru
Nepal
Netherlands
New Zealand
Nicaragua
Niger
Nigeria
Norway

O
Oman

P
Pakistan
Palau
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal

Q
Qatar

R
Romania
Russian Federation
Rwanda

S
St. Kitts & Nevis
St. Lucia
St. Vincent & the Grenadines Samoa
San Marino
São Tomé & Príncipe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
Spain
Sri Lanka
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syria

T
Taiwan
Tajikistan
Tanzania
Thailand
Togo
Tonga
Trinidad & Tobago
Tunisia
Turkey
Turkmenistan
Tuvalu

U
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States
Uruguay
Uzbekistan

V
Vanuatu
Vatican City
Venezuela
Vietnam

Y
Yemen

Z
Zambia
Zimbabwe

World Political Map

1 2 3 4 5 6 7 8

a1 a2 a3 a4 a5 a6 a7 a8 a9 a10

b1 b2 b3 b4 b5 b6 b7 b8 b9 b10

c1 c2 c3 c4 c5 c6 c7 c8 c9 c10

d1 d2 d3 d4 d5 d6 d7 d8

Afghanistan

ASIA

About 75% of this landlocked Asian country is inaccessible. The Islamist Taliban, ousted in 2001, continue to fight a guerrilla war against Afghan and NATO-led forces.

OFFICIAL NAME: Islamic State of Afghanistan
DATE OF FORMATION: 1919
CAPITAL: Kabul
POPULATION: 28.3 million
TOTAL AREA: 250,000 sq. miles (647,500 sq. km)
DENSITY: 112 people per sq. mile
LANGUAGES: Pashtu*, Dari*, Tajik, other
RELIGIONS: Sunni Muslim 84%,Shi'a Muslim 15%, other 1%
ETHNIC MIX: Pashtun 38%, Tajik 25%, Hazara 19%, Uzbek, Turkmen, other 18%
GOVERNMENT: Presidential system
CURRENCY: Afghani = 100 puls

Geography

A landlocked mountainous country with plains in the north and southwest, Afghanistan is described as being located within South Asia or Central Asia. It is part of the Greater Middle East Muslim world, which lies between latitudes 29° and 39° N, and longitudes 60° and 75° E. The country's highest point is Nowshak, at 7,485 m (24,557 ft) above sea level. It has a continental climate with very harsh winters in the central highlands, the glaciated northeast (around Nuristan) and the Wakhan Corridor, where the average temperature in January is below −15 °C (5 °F), and hot summers in the low-lying areas of the Sistan Basin of the southwest, the Jalalabad basin in the east, and the Turkistan plains along the Amu River in the north, where temperatures average over 35 °C (95 °F) in July.

At 249,984 sq mi (647,456 km^2), Afghanistan is the world's 41st largest country (before France and after Burma). It is about the size of Texas in the United States. It borders Pakistan in the east and south, Iran in the west, Turkmenistan, Uzbekistan and Tajikistan in the north, and China in the far east. The country is sometimes subjected to earthquakes, mainly in the northeastern Hindu Kush mountain range. Some 125 villages were damaged and over 4,000 people killed by two earthquakes in 1998.

The country's natural resources include: coal, copper, iron ore, lithium, uranium, rare earth elements, chromite, gold, zinc, talc, barites, sulfur, lead, marble, precious and semi-precious stones, natural gas, and petroleum. It was revealed recently that the country has about $1–3 trillion worth of lithium and an estimated 1 million metric tonnes of rare earth elements.

Climate

Harsh continental. Hot, dry summers. Cold winters with heavy snow, especially in the Hindu Kush.

People & Society

Afghanistan is a mixed nation, made up of many different ethnic groups. The main groups are Pashtuns, Tajiks, Hazaras and Uzbeks. Ninety nine per cent of the population are Muslims.

Muslims are divided into two major groups, Sunni and Shia, each of which follows different traditions. The majority of Muslims in Afghanistan belong to the Sunni tradition but 20% are Shia Muslims. The Taliban, who ruled most of Afghanistan from 1996 until November 2001, are Muslims but they hold very extreme, 'fundamentalist' views. Their views are not shared by the vast majority of Muslims, and many would say they are not closely based on the Koran.

Most Afghans are rural people and depend on farming to live. Many people keep sheep and goats that provide milk as well as wool for making rugs. Animals can be sold during more difficult times to buy food and seeds to plant for the next season.

Economy

Afghanistan is an impoverished and least developed country, one of the world's poorest. The nation's nominal GDP stands at $16.63 billion and the GDP per capita is about $900. Its unemployment rate is 35% and roughly the same percentage of its citizens live below the poverty line. About 42 percent of the population live on less than $1 a day, according to a 2009 report.

Mainly agricultural, severely disrupted by war. Illicit opium trade is big cash earner. Natural gas pipeline planned from the Caspian Sea to Pakistan.

One of the main drivers for the current economic recovery is the return of over 5 million Afghan expatriates, who brought with them fresh energy, entrepreneurship and wealth-creating skills as well as much needed funds to start up businesses. For the first time since the 1970s, a number of companies and small factories began operating in different parts of the country, which not only provide revenue to the government but also create jobs. Improvements to the business-enabling environment have resulted in more than $1.5 billion in telecom investment and created more than 100,000 jobs since 2003.

Albania

EUROPE

Lying at the southeastern end of the Adriatic Sea, Albania was the last east European country to liberalize its economy. The regional strife of the 1990s has left a difficult legacy.

OFFICIAL NAME: Republic of Albania
DATE OF FORMATION: 1912
CAPITAL: Tirana
POPULATION: 3.19 million
TOTAL AREA: 11,100 sq. miles (28,748 sq. km)
DENSITY: 298 people per sq. mile
LANGUAGES: Albanian*, Greek
RELIGIONS: Sunni Muslim 70%, Orthodox Christian 20%, Roman Catholic 10%
ETHNIC MIX: Albanian 93%, Greek 5%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Lek = 100 qindarka (qintars)

Geography

Albania has a total area of 28,748 square kilometers. It lies between latitudes 39° and 43° N, and mostly between longitudes 19° and 21° E (a small area lies east of 21°). Albania's coastline length is 476 km (296 mi) and extends along the Adriatic and Ionian Seas. The lowlands of the west face the Adriatic Sea. The 70% of the country that is mountainous is rugged and often inaccessible from the outside. The highest mountain is Korab situated in the district of Dibër, reaching up to 2,753 metres (9,032 ft). The climate on the coast is typically Mediterranean with mild, wet winters and warm, sunny, and rather dry summers.

Inland conditions vary depending on altitude but the higher areas above 1,500 m/5,000 ft are rather cold and frequently snowy in winter; here cold conditions with lying snow may linger into spring. Besides the capital city of Tirana, which has 800,000 inhabitants, the principal cities are Durrës, Korçë, Elbasan, Shkodër, Gjirokastër, Vlorë and Kukës. In Albanian grammar, a word can have indefinite and definite forms, and this also applies to city names: both Tiranë and Tirana, Shkodër and Shkodra are used.

The three largest and deepest tectonic lakes of the Balkan Peninsula are partly located in Albania. Lake Shkodër in the country's northwest has a surface which can vary between 370 km^2 (140 sq mi) and 530 km^2, out of which one third belongs to Albania and rest to Montenegro. The Albanian shoreline of the lake is 57 km (35 mi). Ohrid Lake is situated in the country's southeast and is shared between Albania and Republic of Macedonia. It has a maximal depth of 289 meters and a variety of unique flora and fauna can be found there, including "living fossils" and many endemic species. Because of its natural and historical value, Ohrid Lake is under the protection of UNESCO. There is also Butrinti Lake which is a small tectonic lake. It is located in the national park of Butrint.

Climate

With its coastline facing the Adriatic and Ionian seas, its highlands backed upon the elevated Balkan landmass, and the entire country lying at a latitude subject to a variety of weather patterns during the winter and summer seasons, Albania has a high number of climatic regions for so small an area. The coastal lowlands have typically Mediterranean weather; the highlands have a Mediterranean continental climate. In both the lowlands and the interior, the weather varies markedly from north to south.

The lowlands have mild winters, averaging about 7 °C (45 °F). Summer temperatures average 24 °C (75 °F). In the southern lowlands, temperatures average about 5 °C (9 °F) higher throughout the year. The difference is greater than 5 °C (9 °F) during the summer and somewhat less during the winter.

Inland temperatures are affected more by differences in elevation than by latitude or any other factor. Low winter temperatures in the mountains are caused by the continental air mass that dominates the weather in Eastern Europe and the Balkans. Northerly and northeasterly winds blow much of the time. Average summer temperatures are lower than in the coastal areas and much lower at higher elevations, but daily fluctuations are greater. Daytime maximum temperatures in the interior basins and river valleys are very high, but the nights are almost always cool.

People & Society

The pace of economic reform remains a major issue. EU membership, applied for in 2009, is a distant prospect. Mosques and churches have reopened in what was once the world's only officially atheist state. The Greek minority in the south suffers much discrimination.

Albanians can be divided into two cultural groups: the northern Albanians, or Ghegs (sometimes spelled Gegs), and the southern Albanians, or Tosks. The geographic border between the two groups, based on dialect, runs roughly along the Shkumbin River, which flows through the central town of Elbasan to the Adriatic Sea. All Albanians north of the Shkumbin, along with the Albanians of Montenegro, Kosovo, and most of Macedonia (FYROM), speak Gheg dialects with their characteristic nasalization. All Albanians south of the Shkumbin, including the Albanians of Greece, southwestern Macedonia, and southern Italy, speak Tosk dialects with their characteristic rhotacism. Although dialect and cultural differences between the Ghegs and Tosks can be substantial, both sides identify strongly with the common national and ethnic culture.

Economy

Albania remains a poor country by Western European standards. Its GDP per capita (expressed in PPS—Purchasing Power Standards) stood at 26 percent of the EU average in 2010. Still, Albania has shown potential for economic growth, as more and more businesses relocate there and consumer goods are becoming available from emerging market traders as part of the current massive global cost-cutting exercise. Albania, Cyprus and Poland are the only countries in Europe that recorded economic growth in the first quarter of 2009. International Monetary Fund (IMF) predicted 2.6% growth for Albania in 2010 and 3.2% in 2011. There are signs of increasing investments, and power cuts are reduced to the extent that Albania is now exporting energy.

Albania and Croatia have discussed the possibility of jointly building a nuclear power plant at Lake Shkoder, close to the border with Montenegro, a plan that has gathered criticism from the latter due to seismicity in the area. In addition, there is some doubt whether Albania would be able to finance a project of such a scale with a total national budget of less than $ 5 billion. However, in February 2009 Italian company Enel announced plans to build an 800 MW coal-fired power plant in Albania, to diversify electricity sources. Nearly 100% of the electricity is generated by ageing hydroelectric power plants, which are becoming more ineffective due to increasing droughts.

The country has some deposits of petroleum and natural gas, but produced only 5,400 barrels of oil per day as of 2009. Natural gas production, estimated at about 30 million cubic meters, is sufficient to meet consumer demands. Other natural resources include coal, bauxite, copper and iron ore.

Agriculture is the most significant sector, employing some 58% of the labor force and generating about 21% of GDP. Albania produces significant amounts of wheat, corn, tobacco, figs (13th largest producer in the world) and olives.

Algeria

AFRICA

Africa's second-largest country, Algeria won independence from France in 1962. Today, national reconciliation is key to recovery from a conflict launched by Islamic extremists in 1992.

OFFICIAL NAME: People's Democratic Republic of Algeria
DATE OF FORMATION: 1962
CAPITAL: Algiers
POPULATION: 36.4 million
TOTAL AREA: 919,590 sq. miles (2,381,740 sq. km)
DENSITY: 38 people per sq. mile
LANGUAGES: Arabic*, Tamazight, French
RELIGIONS: Sunni Muslim 99%, Christian and Jewish 1%
ETHNIC MIX: Arab 75%, Berber 24%, European and Jewish 1%
GOVERNMENT: Presidential system
CURRENCY: Algerian dinar = 100 centimes

Geography

85% of the country lies within the Sahara Desert. Fertile coastal region with plains and hills rises from the southeast to the Atlas Mountains.

Algeria lies mostly between latitudes 19° and 37°N (a small area is north of 37°), and longitudes 9°W and 12°E. Most of the coastal area is hilly, sometimes even mountainous, and there are a few natural harbours. The area from the coast to the Tell Atlas is fertile. South of the Tell Atlas is a steppe landscape, which ends with the Saharan Atlas; further south, there is the Sahara desert.

The Ahaggar Mountains (Arabic: جبال هقار‎), also known as the Hoggar, are a highland region in central Sahara, southern Algeria. They are located about 1,500 km (932 mi) south of the capital, Algiers and just west of Tamanghasset. Algiers, Oran, Constantine, Tizi Ouzou and Annaba are Algeria's main cities.

Algeria is the biggest country in Africa, followed by Democratic Republic of Congo, thus more than ninety percent of its suface is covered by the Sahara desert.

Climate

Coastal areas are warm and temperate, with most rainfall during the mild winters. The south is very hot, with negligible rainfall. In this region, midday desert temperatures can be hot year round. After sunset, however, the clear, dry air permits rapid loss of heat, and the nights are cool to chilly. Enormous daily ranges in temperature are recorded.The highest official temperature was 50.6 °C (123.1 °F) at In Salah.

People & Society

Algerians are predominantly Arab, under 30 years of age, and urban. Most indigenous Berbers consider the mountainous Kabylia region in the northeast to be their homeland. They have been granted greater ethnic rights in recent years.
The Sahara sustains just 500,000 people, mainly oil workers and Tuareg nomads with goat and camel herds, who move between the irrigated oases.

Economy

The fossil fuels energy sector is the backbone of Algeria's economy, accounting for roughly 60 percent of budget revenues, 30 percent of GDP, and over 95 percent of export earnings. The country ranks 14th in petroleum reserves, containing 11.8 billion barrels (1.88×109 m3) of proven oil reserves with estimates suggesting that the actual amount is even more. The U.S. Energy Information Administration reported that in 2005, Algeria had 160 trillion cubic feet (4.5×1012 m3) of proven natural-gas reserves, the tenth largest in the world. Average annual non-hydrocarbon GDP growth averaged 6 percent between 2003 and 2007, with total GDP growing at an average of 4.5 percent during the same period due to less-buoyant oil production during 2006 and 2007. External debt has been virtually eliminated, and the government has accumulated large savings in the oil-stabilization fund (FRR). Inflation, the lowest in the region, has remained stable at four percent on average between 2003 and 2007.

Algeria's financial and economic indicators improved during the mid-1990s, in part because of policy reforms supported by the International Monetary Fund and debt rescheduling from the Paris Club. Algeria's finances in 2000 and 2001 benefited from an increase in oil prices and the government's tight fiscal policy, leading to a large increase in the trade surplus, record highs in foreign exchange reserves, and reduction in foreign debt.

The government's continued efforts to diversify the economy by attracting foreign and domestic investment outside the energy sector have had little success in reducing high unemployment and improving living standards, however. In 2001, the government signed an Association Treaty with the European Union that will eventually lower tariffs and increase trade. In March 2006, Russia agreed to erase $4.74 billion of Algeria's Soviet-era debt during a visit by Russian President Vladimir Putin to the country, the first by a Russian leader in half a century. In return, Algerian President Abdelaziz Bouteflika agreed to buy $7.5 billion worth of combat planes, air-defense systems and other arms from Russia, according to the head of Russia's state arms exporter Rosoboronexport.

Algeria also decided in 2006 to pay off its full $8 billion (£4.3 billion) debt to the Paris Club group of rich creditor nations before schedule. This would reduce the Algerian foreign debt to less than $5 billion in the end of 2006. The Paris Club said the move reflected Algeria's economic recovery in recent years.

Andorra

EUROPE

A tiny landlocked principality, Andorra lies high in the eastern Pyrenees between France and Spain. It held its first full elections in 1993. Tourism is the main source of income.

OFFICIAL NAME: Principality of Andorra
DATE OF FORMATION: 1278
CAPITAL: Andorra la Vella
POPULATION: 84,082
TOTAL AREA: 181 sq. miles (468 sq. km)
DENSITY: 457 people per sq. mile
LANGUAGES: Spanish, Catalan*, French, Portuguese
RELIGIONS: Roman Catholic 94%, other 6%
ETHNIC MIX: Spanish 46%, Andorran 28%, other 18%, French 8%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Due to its location in the eastern Pyrenees mountain range, Andorra consists predominantly of rugged mountains, the highest being the Coma Pedrosa at 2,942 metres (9,652 ft), and the average elevation of Andorra is 1,996 metres (6,549 ft). These are dissected by three narrow valleys in a Y shape that combine into one as the main stream, the Gran Valira river, leaves the country for Spain (at Andorra's lowest point of 840 m/2,756 ft). Andorra's land area is 468 km^2 (181 sq mi).

Phytogeographically, Andorra belongs to the Atlantic European province of the Circumboreal Region within the Boreal Kingdom. According to the WWF, the territory of Andorra belongs to the ecoregion of Pyrenees conifer and mixed forests.

Climate

Andorra has an alpine climate and continental climate. Its higher elevation means there is, on average, more snow in winter, lower humidity, and it is slightly cooler in summer. There are, on average, 300 days per year of sunshine.

People & Society

Immigration is strictly monitored and restricted by quota to French and Spanish nationals seeking employment in Andorra. Low taxes attract wealthy expatriates. A referendum in 1993 ended 715 years of semifeudal status, but Andorran
society remains conservative.

Andorran nationals are a plurality in the country (31,363); other nationalities include Spaniards (27,300), Portuguese (13,794), French (5,213), Britons (1,085) and Italians.

Economy

Tourism, the mainstay of Andorra's tiny, well-to-do economy, accounts for roughly 80% of GDP. An estimated 10.2 million tourists visit annually, attracted by Andorra's duty-free status and by its summer and winter resorts. Andorra's relative advantage has recently eroded as the economies of adjoining France and Spain have been opened up, providing broader availability of goods and lower tariffs.

The banking sector, with its tax haven status, also contributes substantially to the economy. Agricultural production is limited—only 2% of the land is arable—and most food has to be imported. Some tobacco is grown locally. The principal livestock activity is domestic sheep raising. Manufacturing output consists mainly of cigarettes, cigars, and furniture. Andorra's natural resources include hydroelectric power, mineral water, timber, iron ore, and lead.

Andorra is not a member of the European Union, but enjoys a special relationship with it, such as being treated as an EU member for trade in manufactured goods (no tariffs) and as a non-EU member for agricultural products. Andorra lacked a currency of its own and used both the French franc and the Spanish peseta in banking transactions until 31 December 1999, when both currencies were replaced by the EU's single currency, the euro. Coins and notes of both the franc and the peseta remained legal tender in Andorra until 31 December 2002. Andorra is negotiating to issue its own euro coins.

Andorra has one of the world's lowest unemployment rates, with the statistics on June 2009 showing almost 0% unemployment within the country

Angola

AFRICA

Located in southwest Africa, Angola suffered a civil war following independence from Portugal in 1975, until a 2002 peace deal. Hundreds of thousands of people died.

OFFICIAL NAME: Republic of Angola
DATE OF FORMATION: 1975
CAPITAL: Luanda
POPULATION: 18.5 million
TOTAL AREA: 481,351 sq. miles (1,246,700 sq. km)
DENSITY: 38 people per sq. mile
LANGUAGES: Portuguese*, Umbundu, Kimbundu, Kikongo
RELIGIONS: Roman Catholic 50%, other 30%, Protestant 20%
ETHNIC MIX: Ovimbundu 37%, other 25%, Kimbundu 25%, Bakongo 13%
GOVERNMENT: Presidential system
CURRENCY: Readjusted kwanza = 100 lwei

Geography

At 481,321 square miles (1,246,620 km^2), Angola is the world's twenty-third largest country (after Niger). It is comparable in size to Mali and is nearly twice the size of the US state of Texas, or five times the area of the United Kingdom. It lies mostly between latitudes 4° and 18°S, and longitudes 12° and 24°E.

Angola is bordered by Namibia to the south, Zambia to the east, the Democratic Republic of the Congo to the north-east, and the South Atlantic Ocean to the west. The exclave of Cabinda also borders the Republic of the Congo to the north. Angola's capital, Luanda, lies on the Atlantic coast in the northwest of the country.

Climate

Angola's average temperature on the coast is 60 °F (16 °C) in the winter and 70 °F (21 °C) in the summer. It has two seasons; dry season (May to October) and hot rainy season (November to April).

People & Society

Most of Angola's people today are black Africans. The Ovimbundu, Mbundu, Bakongo and the Luanda-Chokwe are just a few of the many ethnic groups who live in Angola. Before Angola became independent (pre 1975), there were many Europeans who had settled here, apart from the "Mestizos" (people of mixed black African and white Portuguese ancestry). Most of the Europeans fled when the civil war began.

Civil war pitched the ruling Kimbundu-dominated MPLA against UNITA, representing the Ovimbundu. Multiparty elections in 1991–1992, after the MPLA had abandoned Marxism, failed to stall the war for long. Power-sharing
from 2002 ended when the MPLA won the 2008 election; a presidential poll has yet to be held.

Economy

Angola has a rich subsoil heritage, from diamonds, oil, gold, copper, as well as a rich wildlife (dramatically impoverished during the civil war), forest, and fossils. Since independence, oil and diamonds have been the most important economic resource. Smallholder and plantation agriculture have dramatically dropped because of the Angolan Civil War, but have begun to recover after 2002. The transformation industry that had come into existence in the late colonial period collapsed at independence, because of the exodus of most of the ethnic Portuguese population, but has begun to reemerge (with updated technologies), partly because of the influx of new Portuguese entrepreneurs. Similar developments can be verified in the service sector.

Overall, Angola's economy has undergone a period of transformation in recent years, moving from the disarray caused by a quarter century of civil war to being the fastest growing economy in Africa and one of the fastest in the world, with an average GDP growth of 20 percent between 2005 and 2007. During 2001–2010 Angola has the world's biggest Annual average GDP growth with 11.1 percent. In 2004, China's Eximbank approved a $2 billion line of credit to Angola. The loan is being used to rebuild Angola's infrastructure, and has also limited the influence of the International Monetary Fund in the country.

The Economist reported in 2008 that diamonds and oil make up 60 percent of Angola's economy, almost all of the country's revenue and are its dominant exports. Growth is almost entirely driven by rising oil production which surpassed 1.4 million barrels per day (220,000 m3/d) in late 2005 and was expected to grow to 2 million barrels per day (320,000 m3/d) by 2007. Control of the oil industry is consolidated in Sonangol Group, a conglomerate which is owned by the Angolan government. In December 2006, Angola was admitted as a member of OPEC. The economy grew 18% in 2005, 26% in 2006 and 17.6% in 2007. However, due to the global recession the economy contracted an estimated -0.3% in 2009. The security brought about by the 2002 peace settlement has led to the resettlement of 4 million displaced persons, thus resulting in large-scale increases in agriculture production.

A serious structural problem of the Angolan economy are the enormous differences between the regions. This is best illustrated by the fact that about one third of the economic activities is concentrated in Luanda and the neighbouring Bengo province, while several areas of the interior are characterized by stagnation and even regression.

Antarctica

ANTARCTICA

The circumpolar continent of Antarctica is almost entirely covered by ice, some up to 1.2 miles (2 km) thick. It also contains 90% of the Earth's freshwater reserves.

DATE OF FORMATION: 1961
TOTAL AREA: 5,405,000 sq. miles (14,000,000 sq. km)

Geography

Centered asymmetrically around the South Pole and largely south of the Antarctic Circle, Antarctica is the southernmost continent and is surrounded by the Southern Ocean; alternatively, it may be considered to be surrounded by the southern Pacific, Atlantic, and Indian Oceans, or by the southern waters of the World Ocean. It covers more than 14,000,000 km^2 (5,400,000 sq mi), making it the fifth-largest continent, about 1.3 times as large as Europe. The coastline measures 17,968 km (11,165 mi) and is mostly characterized by ice formations.

Antarctica is divided in two by the Transantarctic Mountains close to the neck between the Ross Sea and the Weddell Sea. The portion west of the Weddell Sea and east of the Ross Sea is called West Antarctica and the remainder East Antarctica, because they roughly correspond to the Western and Eastern Hemispheres relative to the Greenwich meridian.

About 98% of Antarctica is covered by the Antarctic ice sheet, a sheet of ice averaging at least 1.6 km (1.0 mi) thick. The continent has about 90% of the world's ice (and thereby about 70% of the world's fresh water). If all of this ice were melted, sea levels would rise about 60 m (200 ft). In most of the interior of the continent, precipitation is very low, down to 20 mm (0.8 in) per year; in a few "blue ice" areas precipitation is lower than mass loss by sublimation and so the local mass balance is negative. In the dry valleys the same effect occurs over a rock base, leading to a desiccated landscape.

Antarctica is home to more than 70 lakes that lie at the base of the continental ice sheet. Lake Vostok, discovered beneath Russia's Vostok Station in 1996, is the largest of these subglacial lakes. It was once believed that the lake had been sealed off for 500,000 to one million years but a recent survey suggests that, every so often, there are large flows of water from one lake to another.

There is some evidence, in the form of ice cores drilled to about 400 m (1,300 ft) above the water line, that Lake Vostok's waters may contain microbial life. The frozen surface of the lake shares similarities with Jupiter's moon Europa. If life is discovered in Lake Vostok, this would strengthen the argument for the possibility of life on Europa. On 7 February 2008, a NASA team embarked on a mission to Lake Untersee, searching for extremophiles in its highly alkaline waters. If found, these resilient creatures could further bolster the argument for extraterrestrial life in extremely cold, methane-rich environments.

Climate

Antarctica is the coldest place on Earth. The coldest natural temperature ever recorded on Earth was −89.2 °C (−128.6 °F) at the Russian Vostok Station in Antarctica on 21 July 1983. For comparison, this is 11 °C (20 °F) colder than subliming dry ice. Antarctica is a frozen desert with little precipitation; the South Pole itself receives less than 10 cm (4 in) per year, on average. Temperatures reach a minimum of between −80 °C (−112 °F) and −90 °C (−130 °F) in the interior in winter and reach a maximum of between 5 °C (41 °F) and 15 °C (59 °F) near the coast in summer. Sunburn is often a health issue as the snow surface reflects almost all of the ultraviolet light falling on it.

Antarctica is colder than the Arctic for two reasons. First, much of the continent is more than 3 kilometres (2 mi) above sea level, and temperature decreases with elevation. Second, the Arctic Ocean covers the north polar zone: the ocean's relative warmth is transferred through the icepack and prevents temperatures in the Arctic regions from reaching the extremes typical of the land surface of Antarctica. Given the latitude, long periods of constant darkness or constant sunlight create climates unfamiliar to human beings in much of the rest of the world.

The aurora australis, commonly known as the southern lights, is a glow observed in the night sky near the South Pole created by the plasma-full solar winds that pass by the Earth. Another unique spectacle is diamond dust, a ground-level cloud composed of tiny ice crystals. It generally forms under otherwise clear or nearly clear skies, so people sometimes also refer to it as clear-sky precipitation. A sun dog, a frequent atmospheric optical phenomenon, is a bright "spot" beside the true sun.

People & Society

No indigenous population. Scientists and logistical staff work at the 40 permanent, and as many as 100 temporary, research stations. A few Chilean settler families live on King George Island. Tourism is mostly
by cruise ship to the Antarctic Peninsula. Annual tourist numbers have reached nearly 50,000.

Antigua & Barbuda

NORTH & CENTRAL AMERICA

A former colony of Spain, France, and the UK, Antigua and Barbuda lies at the outer edge of the Leeward Islands group in the Caribbean, and includes the uninhabited islet of Redonda.

OFFICIAL NAME: Antigua and Barbuda
DATE OF FORMATION: 1981
CAPITAL: St. John's
POPULATION: 86,754
TOTAL AREA: 170 sq. miles (442 sq. km)
DENSITY: 487 people per sq. mile
LANGUAGES: English*, English patois
RELIGIONS: Anglican 45%, other Protestant 42%, Roman Catholic 10%, other 2%, Rastafarian 1%
ETHNIC MIX: Black African 95%, other 5%
GOVERNMENT: Parliamentary system
CURRENCY: E. Caribbean $ = 100 cents

Geography

Antigua and Barbuda both are generally low-lying islands whose terrain has been influenced more by limestone formations than volcanic activity. The highest point on Antigua, however, is Mount Obama (formerly Boggy Peak), the remnant of a volcanic crater rising 399 metres (1309 ft). This mountain is located amid a bulge of hills of volcanic origin in the southwestern part of the island. The limestone formations in the northeast are separated from the southwestern volcanic area by a central plain of clay formations. Barbuda's highest elevation is 44.5 metres (146 ft), part of the highland plateau east of Codrington. The shorelines of both islands are greatly indented, with beaches, lagoons, and natural harbours. The islands are rimmed by reefs and shoals. There are few streams, as rainfall is slight. Both islands lack adequate amounts of fresh groundwater. Redonda has no significant elevation.

Neither Barbuda nor Redonda have any significant elevations.

Climate

The islands' tropical climate is moderated by fairly constant northeast tradewinds, with velocities ranging between 30 and 48 km/h (19 and 30 mph). There is little precipitation, however, because of the islands' low elevations.

Rainfall averages 990 mm (39 in) per year, but the amount varies widely from season to season. In general, the wettest period is between September and November. The islands generally experience low humidity and recurrent droughts. Hurricanes strike on an average of once a year. Temperatures average 27 °C (80.6 °F), with a range from 23 °C (73.4 °F) in the winter to 30 °C (86 °F) in the summer and autumn; the coolest period is between December and February. Its low humidity makes it one of the most temperate climates in the world.

People & Society

Antigua has a population of 85,632, mostly made up of people of West African, British, and Portuguese descent. The ethnic distribution consists of 91% Black or Mulatto, 4.4% mixed race, 1.7% White, and 2.9% other (primarily East Indian and Asian). Most Whites are of Irish or British descent. Christian Levantine Arabs, and a small number of Asians and Sephardic Jews make up the remainder of the population.

Behind the late 20th-century revival and redefinition of the role of Afro-Antiguans and Barbudans in the society's cultural life is a history of racial/ethnic tensions which systematically excluded non-Whites. Within the colonial framework established by the British soon after their initial settlement of Antigua in 1623, five distinct and carefully ranked racial/ethnic groups emerged.

In the 20th century, the colonial social structure gradually started to be phased out with the introduction of universal education and better economic opportunities. This process allowed Blacks to rise to the highest echelons of society and government.

Today, an increasingly large percentage of the population lives abroad, most notably in the United Kingdom (Antiguan Britons), United States and Canada. A minority of Antiguan residents are immigrants from other countries, particularly from Dominica, Guyana and Jamaica, and, increasing, from the Dominican Republic, St. Vincent and the Grenadines and Nigeria. An estimated 4,500 American citizens also make their home in Antigua and Barbuda, making their numbers one of the largest American populations in the English-speaking Eastern Caribbean.

Economy

Tourism dominates the economy, accounting for more than half of the Gross Domestic Product (GDP). Antigua is famous for its many luxury resorts. Weak tourist activity since early 2000 has slowed the economy, however, and squeezed the government into a tight fiscal corner.

Investment banking and financial services also make up an important part of the economy. Major world banks with offices in Antigua include the Bank of America (Bank of Antigua), Barclays, the Royal Bank of Canada (RBC) and Scotia Bank. Financial-services corporations with offices in Antigua include PriceWaterhouseCoopers. The US Securities and Exchange Commission has accused the Antigua-based Stanford International Bank, owned by Texas billionaire Allen Stanford, of orchestrating a huge fraud which may have bilked investors of some $8 billion. (check status 20100312)

The twin-island nation's agricultural production is focused on its domestic market and constrained by a limited water supply and a labor shortage stemming from the lure of higher wages in tourism and construction work.

Manufacturing is made up of enclave-type assembly for export, the 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 United States, from which about one-third of all tourists come.

Following the opening of the American University of Antigua College of Medicine by investor and attorney Neil Simon in 2003, a new source of revenue was established. The university employs many local Antiguans and the approximate 1000 students consume a large amount of the goods and services.

Argentina

SOUTH AMERICA

Argentina occupies most of southern South America. After 30 years of intermittent military rule, democracy returned in 1983. Economy has slowed since its recovery from 2001 crash.

OFFICIAL NAME: Republic of Argentina
DATE OF FORMATION: 1816
CAPITAL: Buenos Aires
POPULATION: 40.1 million
TOTAL AREA: 1,068,296 sq. miles (2,766,890 sq. km)
DENSITY: 38 people per sq. mile
LANGUAGES: Spanish*, Italian, Amerindian languages
RELIGIONS: Roman Catholic 90%, other 6%, Protestant 2%, Jewish 2%
ETHNIC MIX: Indo-European 83%, Mestizo 14%, Jewish 2%, Amerindian 1%
GOVERNMENT: Presidential system
CURRENCY: Argentine peso = 100 centavos

Geography

The total surface area (excluding the Antarctic claim) is 2,766,891.2 km^2 (1,068,302.7 sq mi), of which 30,200 km^2 (11,700 sq mi) (1.1%) is water. Argentina is about 3,900 km (2,400 mi) long from north to south, and 1,400 km (870 mi) from east to west (maximum values). There are four major regions: the fertile central plains of the Pampas, source of Argentina's agricultural wealth; the flat to rolling, oil-rich southern plateau of Patagonia including Tierra del Fuego; the subtropical northern flats of the Gran Chaco, and the rugged Andes mountain range along the western border with Chile.

The highest point above sea level is in Mendoza province at Cerro Aconcagua (6,962 m (22,841 ft)), also the highest point in the Southern and Western Hemisphere. The lowest point is Laguna del Carbón in Santa Cruz province, −105 m (−344 ft) below sea level. This is also the lowest point in South America. The geographic center of the country is in south-central La Pampa province. The easternmost continental point is northeast of Bernardo de Irigoyen, Misiones,(26°15′S 53°38′W) the westernmost in the Mariano Moreno Range in Santa Cruz province.(49°33′S 73°35′W) The northernmost point is at the confluence of the Grande de San Juan and Mojinete rivers in Jujuy province,(21°46′S 66°13′W) and the southernmost is Cape San Pío in Tierra del Fuego. (55°03′S 66°31′W)

The major rivers are the Paraná (the largest), the Pilcomayo, Paraguay, Bermejo, Colorado, Río Negro, Salado and the Uruguay. The Paraná and the Uruguay join to form the Río de la Plata estuary, before reaching the Atlantic. Regionally important rivers are the Atuel and Mendoza in the homonymous province, the Chubut in Patagonia, the Río Grande in Jujuy and the San Francisco River in Salta.

There are several large lakes including Argentino and Viedma in Santa Cruz, Nahuel Huapi between Río Negro and Neuquén, Fagnano in Tierra del Fuego, and Colhué Huapi and Musters in Chubut. Lake Buenos Aires and O'Higgins/San Martín Lake are shared with Chile. Mar Chiquita, Córdoba, is the largest salt water lake in the country. There are numerous reservoirs created by dams. Argentina features various hot springs, such as Termas de Río Hondo with temperatures between 65 °C (149 °F) and 89 °C (192 °F)

Climate

The generally temperate climate ranges from subtropical in the north to subpolar in the far south. The north is characterized by very hot, humid summers with mild drier winters, and is subject to periodic droughts. Central Argentina has hot summers with thunderstorms (western Argentina produces some of the world's largest hail), and cool winters. The southern regions have warm summers and cold winters with heavy snowfall, especially in mountainous zones. Higher elevations at all latitudes experience cooler conditions.

The hottest and coldest temperature extremes recorded in South America have occurred in Argentina. A record high temperature of 49.1 °C (120.4 °F), was recorded at Villa María, Córdoba, on 2 January 1920. The lowest temperature recorded was −39 °C (−38.2 °F) at Valle de los Patos Superior, San Juan, on 17 July 1972.

Major wind currents include the cool Pampero Winds blowing on the flat plains of Patagonia and the Pampas; following the cold front, warm currents blow from the north in middle and late winter, creating mild conditions. The Zonda, a hot dry wind, affects west-central Argentina. Squeezed of all moisture during the 6,000 m (19,685 ft) descent from the Andes, Zonda winds can blow for hours with gusts up to 120 km/h (75 mph), fueling wildfires and causing damage; when the Zonda blows (June–November), snowstorms and blizzard (viento blanco) conditions usually affect higher elevations.

The Sudestada ("southeasterlies") could be considered similar to the Nor'easter, though snowfall is rare but not unprecedented. Both are associated with a deep winter low pressure system. The sudestada usually moderates cold temperatures but brings very heavy rains, rough seas and coastal flooding. It is most common in late autumn and winter along the central coast and in the Río de la Plata estuary.

The southern regions, particularly the far south, experience long periods of daylight from November to February (up to nineteen hours) and extended nights from May to August.

People & Society

The proportion of people under 15 is 25.6%, somewhat below the world average of 28%, and the proportion of people 65 and older is relatively high at 10.8%. In Latin America this is second only to Uruguay and well above the world average, which is currently 7%. Argentina has one of Latin America's lowest population growth rates, recently about 1% a year, as well as a comparatively low infant mortality rate. Its birth rate of 2.3 children per woman is still nearly twice as high as that in Spain or Italy, compared here as they have similar religious practices and proportions. The median age is approximately 30 years and life expectancy at birth is 76.7 years.

People are largely of European descent; over one-third are of Italian origin. Indigenous peoples are now in a minority, living mainly in Andean regions or in the Gran Chaco. The middle classes were worst hit by the economic meltdown of 2001–2002.

Economy

Argentina has a market-oriented economy with abundant natural resources, a well-educated population, an export-oriented agricultural sector and a relatively diversified industrial base.

The nation's services sector accounts for around 59% of the economy and 72% of employment, manufacturing is 21% of GDP and 13% of employment, and agriculture is 9% of GDP, with 7% of employment; construction, mining, and public utilities divide the rest. Agriculture, including processed goods, provided 54% of export earnings in 2010, however, while industrial manufactures accounted for 35% (energy staples and metal ores were most of the remainder).

High inflation has been a weakness of the Argentine economy for decades. Officially hovering around 9% since 2006, inflation has been privately estimated at over 20%, becoming a contentious issue again. The urban income poverty rate has dropped to 18% as of mid-2008, a third of the peak level observed in 2002, though still above the level prior to 1976. Income distribution, having improved since 2002, is still considerably unequal.

Argentina ranks 105th out of 178 countries in the Transparency International's Corruption Perceptions Index for 2010. Reported problems include both government and private-sector corruption, the latter of which include money laundering, trafficking in narcotics and contraband, and tax evasion. The Kirchner administration responded to the Global financial crisis of 2008–2009 with a record public-works program, new tax cuts and subsidies, and the transfer of private pensions to the social security system. Private pension plans, which required growing subsidies to cover, were nationalized to shed a budgetary drain as well as to finance high government spending and debt obligations.

Argentina has, after its neighbour Chile, the second-highest Human Development Index, and the highest GDP per capita in purchasing power terms in Latin America. Argentina is one of the G-20 major economies, with the world's 27th largest nominal GDP, and the 22nd largest by purchasing power. The country is classified as upper-middle income or a secondary emerging market by the World Bank.

Armenia

ASIA

The smallest of the former USSR's republics, Armenia lies landlocked in the Lesser Caucasus Mountains. After 1988, a confrontation with Azerbaijan dominated national life.

OFFICIAL NAME: Republic of Armenia
DATE OF FORMATION: 1991
CAPITAL: Yerevan
POPULATION: 3.3 million
TOTAL AREA: 11,506 sq. miles (29,800 sq. km)
DENSITY: 268 people per sq. mile
LANGUAGES: Armenian*, Azeri, Russian
RELIGIONS:Armenian Apostolic Church (Orthodox) 88%, Armenian Catholic Church 6%, other 6%
ETHNIC MIX: Armenian 98%, Yezidi 1%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Dram = 100 luma

Geography

The Republic of Armenia, covering an area of 29,743 square kilometres (11,484 sq mi), is located in the north-east of the Armenian Highland. The terrain is mostly mountainous, with fast flowing rivers and few forests. The climate is highland continental, which means that the country is subjected to hot summers and cold winters. The land rises to 4,090 metres (13,419 ft) above sea-level at Mount Aragats, and no point is below 390 metres (1,280 ft) above sea level.

Mount Ararat, which was historically part of Armenia, is the highest mountain in the region. Now located in Turkey, but clearly visible in Armenia, it is regarded by the Armenians as a symbol of their land. Because of this, the mountain is present on the Armenian national emblem today.

Armenia has established a Ministry of Nature Protection and introduced taxes for air and water pollution and solid waste disposal, whose revenues are used for environmental protection activities. Waste management in Armenia is underdeveloped as no waste sorting or recycling takes place at Armenia's 60 landfills.

Despite the availability of abundant renewable energy sources in Armenia (especially hydroelectric and wind power) the Armenian Government is working toward building a new Nuclear Power Plant at Medzamor near Yerevan

Climate

The climate in Armenia is markedly continental. Summers are dry and sunny, lasting from June to mid-September. The temperature fluctuates between 22 and 36 °C (72 and 97 °F). However, the low humidity level mitigates the effect of high temperatures. Evening breezes blowing down the mountains provide a welcome refreshing and cooling effect. Springs are short, while falls are long. Autumns are known for their vibrant and colorful foliage.

Winters are quite cold with plenty of snow, with temperatures ranging between -10 and -5 °C (14 and 23 °F). Winter sports enthusiasts enjoy skiing down the hills of Tsakhkadzor, located thirty minutes outside Yerevan. Lake Sevan, nestled up in the Armenian highlands, is the second largest lake in the world relative to its altitude, at 1,900 metres (6,234 ft) above sea level.

People & Society

Christianity is the dominant religion, but minority groups are well integrated. War with Azerbaijan over the enclave of Nagorno Karabakh forced 350,000 Armenians living in Azerbaijan to return home, many to live in poverty. There are close and important ties to the seven-millionstrong Armenian diaspora.

Armenia has a relatively large diaspora (8 million by some estimates, greatly exceeding the 3 million population of Armenia itself), with communities existing across the globe. The largest Armenian communities outside of Armenia can be found in Russia, France, Iran, the United States, Georgia, Syria, Lebanon, Argentina, Australia, Canada, Greece, Cyprus, Israel, Poland and Ukraine. 40,000 to 70,000 Armenians still live in Turkey (mostly in and around Istanbul).

Also, about 1,000 Armenians reside in the Armenian Quarter in the Old City of Jerusalem in Israel, a remnant of a once-larger community. Italy is home to the San Lazzaro degli Armeni, an island located in the Venetian Lagoon, which is completely occupied by a monastery run by the Mechitarists, an Armenian Catholic congregation. In addition, approximately 139,000 Armenians live in the de facto country of Nagorno-Karabakh where they form a majority.

Economy

According to Forbes magazine Armenia had the second worst economy in the world in 2011.

The economy relies heavily on investment and support from Armenians abroad. Before independence, Armenia's economy was largely industry-based – chemicals, electronics, machinery, processed food, synthetic rubber, and textile – and highly dependent on outside resources. The republic had developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics in exchange for raw materials and energy.

Agriculture accounted for less than 20% of both net material product and total employment before the dissolution of the Soviet Union in 1991. After independence, the importance of agriculture in the economy increased markedly, its share at the end of the 1990s rising to more than 30% of GDP and more than 40% of total employment. This increase in the importance of agriculture was attributable to food security needs of the population in the face of uncertainty during the first phases of transition and the collapse of the non-agricultural sectors of the economy in the early 1990s. As the economic situation stabilized and growth resumed, the share of agriculture in GDP dropped to slightly over 20% (2006 data), although the share of agriculture in employment remained more than 40%.

Armenian mines produce copper, zinc, gold, and lead. The vast majority of energy is produced with fuel imported from Russia, including gas and nuclear fuel (for its one nuclear power plant); the main domestic energy source is hydroelectric. Small deposits of coal, gas, and petroleum exist but have not yet been developed.

A liberal foreign investment law was approved in June 1994, and a law on privatisation was adopted in 1997, as well as a program of state property privatisation. Continued progress will depend on the ability of the government to strengthen its macroeconomic management, including increasing revenue collection, improving the investment climate, and making strides against corruption. However, unemployment, which currently stands at around 15%, still remains a major problem due to the influx of thousands of refugees from the Karabakh conflict.

Armenia ranked 78th on the 2010 UNDP Human Development Index, the lowest among the Transcaucasian republics. In the 2007 Transparency International Corruption Perceptions Index (CPI), Armenia ranked 99 of 179 countries. In the 2008 Index of Economic Freedom, Armenia ranked 28th, ahead of countries like Austria, France, Portugal and Italy.

Australia

AUSTRALASIA & OCEANIA

An island continent in its own right, Australia is the world's sixth-largest country. European settlement began over 200 years ago. Most Australians now live in cities along the coast.

OFFICIAL NAME: Commonwealth of Australia
DATE OF FORMATION: 1901
CAPITAL: Canberra
POPULATION: 22.7 million
TOTAL AREA: 2,967,893 sq. miles (7,686,850 sq. km)
DENSITY: 7 people per sq. mile
LANGUAGES: English*, Cantonese, other
RELIGIONS: Various Protestant 38%, other 36%, Roman Catholic 26%
ETHNIC MIX: European 90%, Asian 7%, Aboriginal 2%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Australian dollar = 100 cents

Geography

Australia's landmass of 7,617,930 square kilometres (2,941,300 sq mi) is on the Indo-Australian Plate. Surrounded by the Indian and Pacific oceans, it is separated from Asia by the Arafura and Timor seas. The world's smallest continent and sixth largest country by total area, Australia—owing to its size and isolation—is often dubbed the "island continent", and is sometimes considered the world's largest island. Australia has 34,218 kilometres (21,262 mi) of coastline (excluding all offshore islands), and claims an extensive Exclusive Economic Zone of 8,148,250 square kilometres (3,146,060 sq mi). This exclusive economic zone does not include the Australian Antarctic Territory. Excluding Macquarie Island, Australia lies between latitudes 9° and 44°S, and longitudes 112° and 154°E.

Australia is the flattest continent, with the oldest and least fertile soils; desert or semi-arid land commonly known as the outback makes up by far the largest portion of land. The driest inhabited continent, only its south-east and south-west corners have a temperate climate. The population density, 2.8 inhabitants per square kilometre, is among the lowest in the world, although a large proportion of the population lives along the temperate south-eastern coastline.

The landscapes of the northern part of the country—the Top End and the Gulf Country behind the Gulf of Carpentaria, with their tropical climate—consist of woodland, grassland, and desert. At the north-west corner of the continent are the sandstone cliffs and gorges of The Kimberley, and below that the Pilbara. South and inland of these lie more areas of grassland: the Ord Victoria Plain and the Western Australian Mulga shrublands. At the heart of the country are the uplands of central Australia; prominent features of the centre and south include the inland Simpson, Tirari and Sturt Stony, Gibson, Great Sandy, Tanami, and Great Victoria deserts, with the famous Nullarbor Plain on the southern coast.

Climate

The climate of Australia is significantly influenced by ocean currents, including the Indian Ocean Dipole and the El Niño-Southern Oscillation, which is correlated with periodic drought, and the seasonal tropical low pressure system that produces cyclones in northern Australia. These factors induce rainfall to vary markedly from year to year. Much of the northern part of the country has a tropical predominantly summer rainfall (monsoon) climate. Just under three quarters of Australia lies within a desert or semi-arid zone. The southwest corner of the country has a Mediterranean climate. Much of the southeast (including Tasmania) is temperate

People & Society

The first settlers arrived in Australia at least 100,000 years ago.

Australia's population has quadrupled since the end of World War I, much of the increase from immigration. Following World War II and through to 2000, almost 5.9 million of the total population settled in the country as new immigrants, meaning that nearly two out of every seven Australians were born overseas. Most immigrants are skilled, but the immigration quota includes categories for family members and refugees. By 2050, Australia's population is currently projected to reach around 42 million.

In common with many other developed countries, Australia is experiencing a demographic shift towards an older population, with more retirees and fewer people of working age. In 2004, the average age of the civilian population was 38.8 years. A large number of Australians (759,849 for the period 2002–03) live outside their home country.

Economy

Australia has a market economy with high GDP per capita and low rate of poverty. The Australian dollar is the currency for the nation, including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, and Tuvalu. After the 2006 merger of the Australian Stock Exchange and the Sydney Futures Exchange, the Australian Securities Exchange is now the ninth largest in the world.

Ranked third in the Index of Economic Freedom (2010), Australia is the world's thirteenth largest economy and has the ninth highest per capita GDP; higher than that of the United Kingdom, Germany, France, Canada, Japan, and the United States. The country was ranked second in the United Nations 2010 Human Development Index and first in Legatum's 2008 Prosperity Index. All of Australia's major cities fare well in global comparative liveability surveys; Melbourne reached second place on The Economist's 2008 World's Most Livable Cities list, followed by Perth, Adelaide, and Sydney in fourth, seventh, and ninth place respectively. Total government debt in Australia is about $190 billion. Australia has among the highest house prices and some of the highest household debt levels in the world.

In July 2011, there were 11,450,500 people employed, with an unemployment rate of 5.1 per cent. Youth unemployment (15–24) rose from 8.7 per cent to 9.7 per cent over 2008–2009. Over the past decade, inflation has typically been 2–3 per cent and the base interest rate 5–6 per cent. The service sector of the economy, including tourism, education, and financial services, accounts for about 70 per cent of GDP. Rich in natural resources, Australia is a major exporter of agricultural products, particularly wheat and wool, minerals such as iron-ore and gold, and energy in the forms of liquified natural gas and coal. Although agriculture and natural resources account for only 3 per cent and 5 per cent of GDP respectively, they contribute substantially to export performance. Australia's largest export markets are Japan, China, the US, South Korea, and New Zealand. Australia is the world's fourth largest exporter of wine, in an industry contributing $5.5 billion per annum to the nation's economy

Austria

EUROPE

Bordering eight countries in the heart of Europe, Austria was created in 1918 after the collapse of the Habsburg Empire. Neutral after World War II, it joined the EU in 1995.

OFFICIAL NAME: Republic of Austria
DATE OF FORMATION: 1918
CAPITAL: Vienna
POPULATION: 8.4 million
TOTAL AREA: 32,378 sq. miles (83,858 sq. km)
DENSITY: 262 people per sq. mile
LANGUAGES: German*, Croatian, Slovenian, Hungarian (Magyar)
RELIGIONS: Roman Catholic 78%, nonreligious 9%, other 8%, Protestant 5%
ETHNIC MIX: Austrian 93%, Croat, Slovene, and Hungarian 6%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Austria is a largely mountainous country due to its location in the Alps. The Central Eastern Alps, Northern Limestone Alps and Southern Limestone Alps are all partly in Austria. Of the total area of Austria (84,000 km^2 or 32,433 sq mi), only about a quarter can be considered low lying, and only 32% of the country is below 500 metres (1,640 ft). The Alps of western Austria give way somewhat into low lands and plains in the eastern part of the country.

Austria lies between latitudes 46° and 49° N, and longitudes 9° and 18° E.

It can be divided into five areas, the biggest being the Eastern Alps, which constitute 62% of nation's total area. The Austrian foothills at the base of the Alps and the Carpathians account for around 12% and the foothills in the east and areas surrounding the periphery of the Pannoni low country amount to about 12% of the total landmass. The second greater mountain area (much lower than the Alps) is situated in the north. Known as the Austrian granite plateau, it is located in the central area of the Bohemian Mass and accounts for 10% of Austria. The Austrian portion of the Vienna basin comprises the remaining 4%.

Phytogeographically, Austria belongs to the Central European province of the Circumboreal Region within the Boreal Kingdom. According to the WWF, the territory of Austria can be subdivided into four ecoregions: the Central European mixed forests, Pannonian mixed forests, Alps conifer and mixed forests and Western European broadleaf forests.

Climate

The greater part of Austria lies in the cool/temperate climate zone in which humid westerly winds predominate. With over half of the country dominated by the Alps, the alpine climate is the predominant one. In the east—in the Pannonian Plain and along the Danube valley—the climate shows continental features with less rain than the alpine areas. Although Austria is cold in the winter (−10 – 0 °C), summer temperatures can be relatively warm, with average temperatures in the mid-20s and a highest temperature of 39.7 °C (103.5 °F).

People & Society

Though Austrians speak German, they like to stress their distinctive identity in relation to Germany. Vienna is a major cultural center. Minorities are few; there are some ethnic Croats, Slovenes, and Hungarians, plus refugees from conflict in former Yugoslavia. Though strongly Roman Catholic, Austrian society is less conservative than some southern German Länder. Class divisions remain strong.

Economy

Austria is the 12th richest country in the world in terms of GDP (Gross domestic product) per capita, has a well-developed social market economy, and a high standard of living. Until the 1980s, many of Austria's largest industry firms were nationalised; in recent years, however, privatisation has reduced state holdings to a level comparable to other European economies. Labour movements are particularly strong in Austria and have large influence on labour politics. Next to a highly developed industry, international tourism is the most important part of the national economy.

Germany has historically been the main trading partner of Austria, making it vulnerable to rapid changes in the German economy. However, since Austria became a member state of the European Union it has gained closer ties to other European Union economies, reducing its economic dependence on Germany. In addition, membership in the EU has drawn an influx of foreign investors attracted by Austria's access to the single European market and proximity to the aspiring economies of the European Union. Growth in GDP accelerated in recent years and reached 3.3% in 2006. Austria indicated on 16 Nov 2010 that it would withhold the December installment of its contribution to the EU bailout of Greece citing material worsening of the Greek debt situation and apparent inability of Greece to collect the level of tax receipts it had previously promised.

Since the fall of communism, Austrian companies have been quite active players and consolidators in Eastern Europe. Between 1995 and 2010, 4'868 mergers & acquisitions with a total known value of 163 bil. EUR with the involvement of Austrian firms have been announced. The largest transactions with involvement of Austrian companies have been: the acquisition of Bank Austria by Bayerische Hypo- und Vereinsbank for 7.8 bil. EUR in 2000, the acquisition of Porsche Holding Salzburg by Volkswagen Group for 3.6 bil. EUR in 2009, and the acquisition of Banca Comercială Română by Erste Group for 3.7 bil. EUR in 2005.

Azerbaijan

ASIA

Situated on the western coast of the Caspian Sea, it was the first Soviet republic to declare independence in 1991. Territorial disputes with Armenia have dominated politics since.

OFFICIAL NAME: Republic of Azerbaijan
DATE OF FORMATION: 1991
CAPITAL: Baku
POPULATION: 9.16 million
TOTAL AREA: 33,436 sq. miles (86,600 sq. km)
DENSITY: 264 people per sq. mile
LANGUAGES: Azeri*, Russian
RELIGIONS: Shi'a Muslim 68%, Sunni Muslim 26%, Russian Orthodox 3%, Armenian Orthodox 2%, other 1%
ETHNIC MIX: Azeri 91%, other 3%, Lazs 2%, Russian 2%, Armenian 2%
GOVERNMENT: Presidential system
CURRENCY: New manat = 100 gopik

Geography

Azerbaijan is in the South Caucasus region of Eurasia, straddling Western Asia and Eastern Europe. It lies between latitudes 38° and 42° N, and longitudes 44° and 51° E. The total length of Azerbaijan's land borders is 2,648 km (1,645 mi), of which 1007 kilometers are with Armenia, 756 kilometers with Iran, 480 kilometers with Georgia, 390 kilometers with Russia and 15 kilometers with Turkey. The coastline stretches for 800 km (497 mi), and the length of the widest area of the Azerbaijani section of the Caspian Sea is 456 km (283 mi). The territory of Azerbaijan extends 400 km (249 mi) from north to south, and 500 km (311 mi) from west to east.

Three physical features dominate Azerbaijan: the Caspian Sea, whose shoreline forms a natural boundary to the east; the Greater Caucasus mountain range to the north; and the extensive flatlands at the country's center. There are also three mountain ranges, the Greater and Lesser Caucasus, and the Talysh Mountains, together covering approximately 40 percent of the country. The highest peak of Azerbaijan is mount Bazardüzü (4,466 m), while the lowest point lies in the Caspian Sea (−28 m). Nearly half of all the mud volcanoes on Earth are concentrated in Azerbaijan, which is also among nominees for New7Wonders of Nature.

The main water sources are the surface waters. However, only 24 of the 8,350 rivers are greater than 100 km (62 mi) in length. All the rivers drain into the Caspian Sea in the east of the country. The largest lake is Sarysu (67 km²), and the longest river is Kur (1,515 km), which is transboundary. Azerbaijan's four main islands in the Caspian Sea have a combined area of over thirty square kilometer.

Since the independence of Azerbaijan in 1991, the Azerbaijani government has taken drastic measures to preserve the environment of Azerbaijan. But national protection of the environment started to truly improve after 2001 when the state budget increased due to new revenues provided by the Baku-Tbilisi-Ceyhan pipeline. Within four years protected areas doubled and now make up eight percent of the country's territory. Since 2001 the government has set up seven large reserves and almost doubled the sector of the budget earmarked for environmental protection.

Climate

The formation of climate in Azerbaijan is influenced particularly by cold arctic air masses of Scandinavian anticyclone, temperate of Siberian anticyclone, and Central Asian anticyclone. Azerbaijan's diverse landscape affects the ways air masses enter the country. The Greater Caucasus protects the country from direct influences of cold air masses coming from the north. That leads to the formation of subtropical climate on most foothills and plains of the country. Meanwhile, plains and foothills are characterized by high solar radiation rates.

9 out of 11 existing climate zones are present in Azerbaijan. Both the absolute minimum temperature ( −33 °C/−27.4 °F ) and the absolute maximum temperature ( 46 °C/114.8 °F ) were observed in Julfa and Ordubad. The maximum annual precipitation falls in Lankaran (1,600 to 1,800 mm) and the minimum in Absheron (200 to 350 mm).

The temperature regime and its distribution throughout Azerbaijan is regular, and depends on the features of air masses entering the country, the regional landscape, and proximity to the Caspian Sea. The sea causes temperatures in the maritime areas (20 kilometres or 12 miles away from the sea) to decline in the summer and rise in the winter. At the same time, the sea moderates the influence of hot and dry air masses coming from Central Asia. The average annual temperature is 14–15 °C (57–59 °F) in the Kur-Araz Lowland, the coastal regions south to the Apsheron Peninsula, and in the Lenkoran Lowland. The temperature declines with proximity to the mountains, averaging 4–5 °C (39–41 °F) at an altitude of 2,000 meters (6,600 ft), and 1–2 °C (34–36 °F) at 3,000 meters (9,800 ft).

People & Society

Azeris, a Muslim people with ethnic links to Turks, form a large majority. Thousands of Armenians, Russians, and Jews have left since independence. Influx of half a million Azeri refugees fleeing war with Armenia over the disputed enclave of Nagorno Karabakh. Armenians there operate with de facto independence. The status of women deteriorated after the fall of communism but they are slowly regaining their position.

Economy

After gaining independence in 1991, Azerbaijan became a member of the International Monetary Fund, the World Bank, the European Bank for Reconstruction and Development, the Islamic Development Bank and the Asian Development Bank. The banking system of Azerbaijan consists of the Central Bank of Azerbaijan, commercial banks and non-banking credit organizations. The National (now Central) Bank was created in 1992 based on the Azerbaijan State Savings Bank, an affiliate of the former State Savings Bank of the USSR. The Central Bank serves as Azerbaijan's central bank, empowered to issue the national currency, the Azerbaijani manat, and to supervise all commercial banks. Two major commercial banks are the state-owned International Bank of Azerbaijan and the UniBank.

Pushed up by spending and demand growth, the 2007 Q1 inflation rate reached 16.6%. Nominal incomes and monthly wages climbed 29% and 25% respectively against this figure, but price increases in non-oil industry encouraged inflation in the country. Azerbaijan shows some signs of the so-called "Dutch disease" because of the fast growing energy sector, which causes inflation and makes non-energy exports more expensive.

In the early years of this century the chronically high inflation was brought under control and this led to the launch of a new currency, the new Azerbaijani manat, on January 1, 2006, to cement the acquisition of the economic reforms and erase the vestiges of an unstable economy.

In 2008, Azerbaijan was cited as one of the top 10 reformers by the World Bank's Doing Business Report. Azerbaijan is also ranked 57th in the Global Competitiveness Report for 2010–2011, which is above other CIS countries.

Bahamas

NORTH & CENTRAL AMERICA

Located off the Florida coast in the western Atlantic, the Bahamas comprises an archipelago of some 700 islands and 2400 cays, only around 30 of which are inhabited.

OFFICIAL NAME: Commonwealth of the Bahamas
DATE OF FORMATION: 1973
CAPITAL: Nassau
POPULATION: 330,000
TOTAL AREA: 5382 sq. miles (13,940 sq. km)
DENSITY: 88 people per sq. mile
LANGUAGES: English*, English Creole, French Creole
RELIGIONS: Baptist 32%, other 29%, Anglican 20%, Roman Catholic 19%
ETHNIC MIX: Black African 85%, other 15%
GOVERNMENT: Parliamentary system
CURRENCY: Bahamian dollar = 100 cents

Geography

The closest island to the United States is Bimini, which is also known as the gateway to The Bahamas. The island of Abaco is to the east of Grand Bahama. The southeasternmost island is Inagua. The largest island is Andros Island. Other inhabited islands include Eleuthera, Cat Island, Long Island, San Salvador Island, Acklins, Crooked Island, Exuma and Mayaguana. Nassau, capital city of The Bahamas, lies on the island of New Providence.

All the islands are low and flat, with ridges that usually rise no more than 15 to 20 m (49 to 66 ft). The highest point in the country is Mount Alvernia, formerly called Como Hill, which has an altitude of 63 metres (207 ft) on Cat Island.

To the southeast, the Turks and Caicos Islands, and three more extensive submarine features called Mouchoir Bank, Silver Bank, and Navidad Bank, are geographically a continuation of The Bahamas, but not part of the Commonwealth of The Bahamas.

Climate

The climate of The Bahamas is subtropical to tropical, and is moderated significantly by the waters of the Gulf Stream, particularly in winter. Conversely, this often proves very dangerous in the summer and autumn, when hurricanes pass near or through the islands. Hurricane Andrew hit the northern islands during the 1992 Atlantic hurricane season, and Hurricane Floyd hit most of the islands during the 1999 Atlantic hurricane season.

While there has never been a freeze reported in The Bahamas, the temperature can fall as low as 2–3 °C (35.6–37.4 °F) during Arctic outbreaks that affect nearby Florida. Snow was reported to have mixed with rain in Freeport in January 1977, the same time that it snowed in the Miami area. The temperature was about 4.5 °C (40.1 °F) at the time.

People & Society

Over 60% of the population live on New Providence. Tourism employs over 40% of the labor force. There are marked wealth disparities, from urban professionals in the banking sector to traditional fishermen on outlying islands and illegal Haitian and Cuban immigrants. More women are now entering the professions. Government priorities are tackling narcotics trafficking and money laundering.

European Bahamians, or Bahamians of European descent, numbering about 38,000, are mainly the descendants of the British Puritans and American Loyalists who arrived in 1649 and 1783 respectively. They form the largest minority group in The Bahamas making up some 12% of the population.

A small portion of the European Bahamian population is descended from Greek labourers who came to help develop the sponging industry in the 1900s. Although making up less than 1% of the nation's population, they have been able to preserve their distinct Greek culture.

One of the most interesting, if sometimes confusing features of the Bahamian genealogy is that most families have branches, and even immediate family members, spanning the entire spectrum between ' recognized white' and 'unequivocally black.' A-Z of Bahamas Heritage (MacMillan Caribbean)

Economy

One of the most prosperous countries in the Caribbean region, The Bahamas relies on tourism to generate most of its economic activity. Tourism as an industry not only accounts for over 60 percent of the Bahamian GDP, but provides jobs for more than half the country's workforce. After tourism, the next most important economic sector is financial services, accounting for some 15 percent of GDP.

The government has adopted incentives to encourage foreign financial business, and further banking and finance reforms are in progress. The government plans to merge the regulatory functions of key financial institutions, including the Central Bank of The Bahamas (CBB) and the Securities and Exchange Commission. The Central Bank administers restrictions and controls on capital and money market instruments. The Bahamas International Securities Exchange currently consists of 19 listed public companies. Reflecting the relative soundness of the banking system (mostly populated by Canadian banks), the impact of the global financial crisis on the financial sector has been limited.

The economy has a very competitive tax regime. The government derives its revenue from import tariffs, license fees, property and stamp taxes, but there is no income tax, corporate tax, capital gains tax, value-added tax (VAT), or wealth tax. Payroll taxes fund social insurance benefits. In the most recent year, Overall tax revenue as a percentage of GDP is 21.8 percent. Authorities are trying to increase tax compliance and collection in the wake of the global crisis. Inflation has been moderate, averaging 3.7 percent between 2006 and 2008.

By the terms of GDP per capita, the Bahamas is the third richest country in the Americas (after the United States and Canada).

Bahrain

ASIA

Bahrain is an archipelago of 49 islands between the Qatar peninsula and the Saudi Arabian mainland. Only three of the islands are inhabited. It was the first Gulf emirate to export oil.

OFFICIAL NAME: Kingdom of Bahrain
DATE OF FORMATION: 1971
CAPITAL: Manama
POPULATION: 1.24 million
TOTAL AREA: 239 sq. miles (620 sq. km)
DENSITY: 2899 people per sq. mile
LANGUAGES: Arabic*
RELIGIONS: Muslim (mainly Shi'a) 99%, other 1%
ETHNIC MIX: Bahraini 70%, Iranian, Indian, and Pakistani 24%, other 6%
GOVERNMENT: Mixed monarchicalparliamentary system
CURRENCY: Bahraini dinar = 1000 fils

Geography

Bahrain is a generally flat and arid archipelago in the Persian Gulf, east of Saudi Arabia. It consists of a low desert plain rising gently to a low central escarpment with the highest point the 134 m (440 ft) Mountain of Smoke (Jabal ad Dukhan). Bahrain has a total area of 665 km^2 (257 sq mi), which is slightly larger than the Isle of Man, though it is smaller than the nearby King Fahd International Airport near Dammam, Saudi Arabia (780 km^2 (301 sq mi)).

As an archipelago of thirty-three islands, Bahrain does not share a land boundary with another country but does have a 161 km (100 mi) coastline. The country also claims a further 22 km (12 nmi) of territorial sea and a 44 km (24 nmi) contiguous zone. Bahrain's largest islands are Bahrain Island, Muharraq Island, Umm an Nasan, and Sitrah. Bahrain has mild winters and very hot, humid summers. The country's natural resources include large quantities of oil and natural gas as well as fish in the offshore waters. Arable land constitutes only 2.82% of the total area.

92% of Bahrain is desert with periodic droughts and dust storms the main natural hazards for Bahrainis. Environmental issues facing Bahrain include desertification resulting from the degradation of limited arable land, coastal degradation (damage to coastlines, coral reefs, and sea vegetation) resulting from oil spills and other discharges from large tankers, oil refineries, distribution stations, and illegal land reclamation at places such as Tubli Bay. The agricultural and domestic sectors' over-utilization of the Dammam Aquifer, the principal aquifer in Bahrain, has led to its salinization by adjacent brackish and saline water bodies.

Climate

The Zagros Mountains across the Persian Gulf in Iraq cause low level winds to be directed toward Bahrain. Dust storms from Iraq and Saudi Arabia transported by northwesterly winds cause reduced visibility in the months of June and July.

Due to the Persian Gulf area's low moisture, summers are very hot and dry. The seas around Bahrain are very shallow, heating up quickly in the summer to produce high humidity, especially at night. Summer temperatures may reach more than 40 °C (104 °F) under the right conditions. Rainfall in Bahrain is minimal and irregular. Rainfalls mostly occur in winter, with a recorded maximum of 71.8 mm (2.83 in)

People & Society

The official religion of Bahrain is Islam, and a majority practise Shia Islam.

The key social division is between the Shi'a majority and Sunni minority. Sunnis hold the best jobs in bureaucracy and business while Shi'as tend to do menial work. The al-Khalifa family has ruled since 1783, but transformed Bahrain into a constitutional monarchy, with limited democracy, in 2002. Bahrain is socially liberal.

Bahrain is sometimes described as "Middle East lite" due to its combination of modern infrastructure with a Persian Gulf identity. While Islam is the main religion, Bahrainis are known for their tolerance towards the practice of other faiths.

In common with the rest of the Muslim world, though Bahrain has take strong strides for women's rights, it does not recognize lesbian, gay, bisexual, and transgender rights.

Economy

According to a January 2006 report by the United Nations Economic and Social Commission for Western Asia, Bahrain has the fastest growing economy in the Arab world. Bahrain also has the freest economy in the Middle East and is tenth freest overall in the world based on the 2011 Index of Economic Freedom published by the Heritage Foundation/Wall Street Journal,.

In 2008, Bahrain was named the world's fastest growing financial center by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. In Bahrain, petroleum production and processing account for about 60% of export receipts, 60% of government revenues, and 30% of GDP.

Economic conditions have fluctuated with the changing price of oil since 1985, for example during and following the Persian Gulf crisis of 1990–91. With its highly developed communication and transport facilities, Bahrain is home to a number of multinational firms and construction proceeds on several major industrial projects. A large share of exports consist of petroleum products made from imported crude oil. In 2004, Bahrain signed the US-Bahrain Free Trade Agreement, which will reduce certain trade barriers between the two nations.

Unemployment, especially among the young, and the depletion of both oil and underground water resources are major long-term economic problems. In 2008, the jobless figure was at 4%, with women over represented at 85% of the total. In 2007 Bahrain became the first Arab country to institute unemployment benefit as part of a series of labour reforms instigated under Minister of Labour, Dr. Majeed Al Alawi

Bangladesh

ASIA

Bangladesh lies at the north end of the Bay of Bengal and frequently suffers devastating flood, cyclones, and famine. It seceded from Pakistan in 1971.

OFFICIAL NAME: People's Republic of Bangladesh
DATE OF FORMATION: 1971
CAPITAL: Dhaka
POPULATION: 142.3 million
TOTAL AREA: 55,598 sq. miles (144,000 sq. km)
DENSITY: 3138 people per sq. mile
LANGUAGES: Bengali*, Urdu, Chakma, Marma, Garo, Khasi, Santhali, Tripuri, Mro
RELIGIONS: Muslim (mainly Sunni) 87%, Hindu 12%, other 1%
ETHNIC MIX: Bengali 98%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Taka = 100 poisha

Geography

Bangladesh is in the low-lying Ganges–Brahmaputra River Delta or Ganges Delta. This delta is formed by the confluence of the Ganges (local name Padma or Pôdda), Brahmaputra (Jamuna or Jomuna also known as "Yamuna"), and Meghna rivers and their respective tributaries. The Ganges unites with the Jamuna (main channel of the Brahmaputra) and later joins the Meghna to eventually empty into the Bay of Bengal. The alluvial soil deposited by these rivers has created some of the most fertile plains in the world. Bangladesh has 57 trans-boundary rivers, making water issues politically complicated to resolve – in most cases as the lower riparian state to India. Most parts of Bangladesh are less than 12 m (39.4 ft) above the sea level, and it is believed that about 10% of the land would be flooded if the sea level were to rise by 1 m (3.28 ft).

In south east Bangladesh experiments have been done since the sixties to 'build with nature'. By implementing cross dams, the natural accretion of silt has created new land. With Dutch funding, the Bangladeshi government began to help develop this new land in the late 1970s. The effort has since become a multiagency operation building roads, culverts, embankments, cyclone shelters, toilets and ponds, as well as distributing land to settlers. By fall 2010, the program will have allotted some 27,000 acres (10,927 ha) to 21,000 families.

The highest point in Bangladesh is in Mowdok range at 1,052 m (3,451 ft) in the Chittagong Hill Tracts to the southeast of the country. Cox's Bazar, south of the city of Chittagong, has a beach that stretches uninterrupted over 120 kilometres (75 mi).

Climate

Straddling the Tropic of Cancer, Bangladeshi climate is tropical with a mild winter from October to March, a hot, humid summer from March to June. A warm and humid monsoon season lasts from June to October and supplies most of the country's rainfall. Natural calamities, such as floods, tropical cyclones, tornadoes, and tidal bores occur almost every year, combined with the effects of deforestation, soil degradation and erosion. The cyclones of 1970 and 1991 were particularly devastating. A cyclone that struck Bangladesh in 1991 killed some 140,000 people.

In September 1998, Bangladesh saw the most severe flooding in modern world history. As the Brahmaputra, the Ganges and Meghna spilt over and swallowed 300,000 houses, 9,700 kilometres (6,027 mi) of road and 2,700 kilometres (1,678 mi) of embankment 1,000 people were killed and 30 million more were made homeless with 135,000 cattle killed, 50 square kilometres (19.3 sq mi) of land destroyed and 11,000 kilometres (6,835 mi) of roads damaged or destroyed. Two-thirds of the country was underwater. There were several reasons for the severity of the flooding. Firstly, there were unusually high monsoon rains. Secondly, the Himalayas shed off an equally unusually high amount of melt water that year. Thirdly, trees that usually would have intercept rain water had been cut down for firewood or to make space for animals.

Bangladesh is now widely recognized to be one of the countries most vulnerable to climate change. Natural hazards that come from increased rainfall, rising sea levels, and tropical cyclones are expected to increase as climate change, each seriously affecting agriculture, water & food security, human health and shelter. It is believed that in the coming decades the rising sea level alone will create more than 20 million climate refugees. Bangladeshi water is contaminated with arsenic frequently because of the high arsenic contents in the soil. Up to 77 million people are exposed to toxic arsenic from drinking water. Bangladesh is among the countries most prone to natural floods, tornados and cyclones.

People & Society

After a period of military rule, Bangladesh returned to democracy in 1991; political instability has continued, however, and corruption is a major problem. Half of the population live in poverty, but living standards are improving. Women are prominent in politics, but their rights are neglected.

Reflecting the long history of the region, Bangladesh has a culture that encompasses elements both old and new. The Bengali language boasts a rich literary heritage, which Bangladesh shares with the Indian state of West Bengal. The earliest literary text in Bengali is the 8th century Charyapada. Medieval Bengali literature was often either religious (for example, Chandidas), or adapted from other languages (for example, Alaol). Bengali literature reached its full expression in the 19th century, with its greatest icons being poets Rabindranath Tagore, Michael Madhusudan Dutt and Kazi Nazrul Islam. Bangladesh also has a long tradition in folk literature, for example Maimansingha Gitika, Thakurmar Jhuli and stories related to Gopal Bhar, Birbal and Molla Nasiruddin.

Economy

At April 2010, USA – based ratings agency Standard & Poor's (S&P) awarded Bangladesh a BB- for a long term in credit rating which is below India and well over Pakistan and Sri Lanka in South Asia. And, despite continuous domestic and international efforts to improve economic and demographic prospects, Bangladesh remains a developing nation. However, Bangladesh gradually decreased its dependency on foreign grant and loan from 85% (In 1988) to 2% (In 2010) for its annual development budget. Its per capita income in 2010 was US$641 compared to the world average of $8,985. But, if purchasing power parity (PPP) is taken into account, Bangladesh's economy is the 44th largest in the world at US$257 billion according to the IMF.

Jute was once the economic engine of the country. Its share of the world export market peaked in the Second World War and the late 1940s at 80% and even in the early 1970s accounted for 70% of its export earnings. However, polypropylene products began to substitute for jute products worldwide and the jute industry started to decline. Bangladesh grows very significant quantities of rice, tea, potato, mango, onion and mustard. According to FAOSTAT, Bangladesh is one of world's largest producers of: Rice (4th), Potato (11th), Mango (9th), Pineapple (16th), Fruit, Tropical (5th), Onion (16th), Banana (17th), Jute (2nd), Tea (11th).

Although two-thirds of Bangladeshis are farmers, more than three quarters of Bangladesh's export earnings come from the garment industry, which began attracting foreign investors in the 1980s due to cheap labour and low conversion cost. In 2009–10 fiscal year the industry exported US$ 12.6 billion worth of products where in 2002 the exported amount was US$ 5 billion. Recently Bangladesh has been ranked as the 4th largest clothing exporter by the WTO (The World Trade Organization) . whereas, according to The Economist Bangladesh is world's third-largest clothes-export industry The industry now employs more than 3 million workers, 90% of whom are women. A large part of foreign currency earnings also comes from the remittances sent by expatriates living in other countries.

Obstacles to growth include frequent cyclones and floods, inefficient state-owned enterprises, mismanaged port facilities, a growth in the labour force that has outpaced jobs, inefficient use of energy resources (such as natural gas), insufficient power supplies, slow implementation of economic reforms, political infighting and corruption. According to the World Bank, "among Bangladesh's most significant obstacles to growth are poor governance and weak public institutions." Despite these hurdles, the country has achieved an average annual growth rate of 5% since 1990, according to the World Bank.

Bangladesh has seen expansion of its middle class (world's fifty-fourth largest, just below of Singapore & Vietnam), and its consumer industry has also grown. In December 2005, four years after its report on the emerging "BRIC" economies (Brazil, Russia, India, and China), Goldman Sachs named Bangladesh one of the "Next Eleven", along with Egypt, Indonesia, Vietnam and seven other countries.

Bangladesh has seen a dramatic increase in foreign direct investment. A number of multinational corporations and local big business houses such as Beximco, Square, Akij Group, Ispahani, Navana Group, Transcom Group, Habib Group, KDS Group, T.K Group Of Industries, Dragon Group and multinationals such as Unocal Corporation and Chevron, have made major investments, with the natural gas sector being a priority. In December 2005, the Central Bank of Bangladesh projected GDP growth around 6.5%. In order to enhance economic growth, the government set up several export processing zones to attract foreign investment. These are managed by the Bangladesh Export Processing Zone Authority.

One significant contributor to the development of the economy has been the widespread propagation of microcredit by Muhammad Yunus (awarded the Nobel peace prize in 2006) through the Grameen Bank. By the late 1990s, Grameen Bank had 2.3 million members, along with 2.5 million members of other similar organisations.

Barbados

NORTH & CENTRAL AMERICA

Barbados is the most easterly of the Caribbean islands. Once solely inhabited by the native Arawak, Barbados was first colonized by British settlers in the 1620s.

OFFICIAL NAME: Barbados
DATE OF FORMATION: 1966
CAPITAL: Bridgetown
POPULATION: 284,589
TOTAL AREA: 166 sq. miles (430 sq. km)
DENSITY: 1542 people per sq. mile
LANGUAGES: Bajan (Barbadian English), English*
RELIGIONS: Anglican 40%, other 24%, nonreligious 17%, Pentecostal 8%, Methodist 7%, Roman Catholic 4%
ETHNIC MIX: Black African 92%, other 8%
GOVERNMENT: Parliamentary system
CURRENCY: Barbados dollar = 100 cents

Geography

Barbados is the easternmost island in the Lesser Antilles. It is flat in comparison to its island neighbours to the west, the Windward Islands. The island rises gently to the central highland region, with the highpoint of the nation being Mount Hillaby, in the Scotland District, 340 metres (1,120 ft) above sea level. The island is situated in the Atlantic Ocean, east of the other West Indies Islands.

In the parish of Saint Michael lies Barbados' capital and main city, Bridgetown. Other major towns scattered across the island include Holetown, in the parish of Saint James; Oistins, in the parish of Christ Church; and Speightstown, in the parish of Saint Peter.

Barbados lies on the boundary of the South American and the Caribbean Plates. The shift of the South American plate beneath the Caribbean plate scrapes sediment from the South American plate and deposits it above the subduction zone forming an accretionary prism. The rate of this depositing of material allows Barbados to rise at a rate of about 25 millimetres (0.98 in) per 1,000 years. This subduction means geologically the island is composed of coral roughly (90 m/300 ft thick), where reefs formed above the sediment. The land slopes in a series of "terraces" in the west and goes into an incline in the east. Much of the country is circled by coral reefs.

Climate

The country is generally split into a period of two seasons one of which includes noticeably higher rainfall. Known as the "wet season", this period runs from June–November, In contrast, the "dry season" runs December–May. The annual precipitation ranges between 40 inches (1,000 mm) and 90 inches (2,300 mm). From December–May the average temperatures range from 21 to 31 °C (70 to 88 °F), while between June–November, they range from 23 to 31 °C (73 to 88 °F).

On the Köppen climate classification scale, much of Barbados is regarded as a Tropical monsoon climate (Am). However, gentle breezes of 12–16 kilometres per hour (8–10 mph) abound throughout the year and give Barbados a warm climate which is moderately tropical.

Infrequent natural hazards include: earthquakes, landslips, tropical cyclones, and hurricanes. Barbados is often spared the worst effects of the region's tropical storms and hurricanes during the rainy season. The far eastern location in the Atlantic Ocean puts the country just outside the principal hurricane strike zone. On average, a major hurricane strikes about once every 26 years. The last significant hit from a hurricane to cause severe damage to Barbados was Hurricane Janet in 1955.

People & Society

Some latent tension between white community, which controls politics and much of the economy, and majority black population, but violence is rare. Increasing social mobility has enabled black Barbadians to enter the professions. Despite political stability, and good welfare and education services, pockets of abject poverty remain.

The influence of the English on Barbados is more noticeable than on other islands in the West Indies. A good example of this is the island's national sport: cricket. Barbados has brought forth several great cricketers, including Sir Garfield Sobers and Frank Worrell.

The term "Bajan" (pronounced "beijan) may have come from a localised pronunciation of the word Barbadian which at times can sound more like "Bar-bajan".

Economy

Barbados is the 51st richest country in the world in terms of GDP (Gross domestic product) per capita, has a well-developed mixed economy, and a moderately high standard of living. According to the World Bank, Barbados is classified as being in its 66 top High income economies of the world.

Historically, the economy of Barbados had been dependent on sugarcane cultivation and related activities, but in the late 1970s and early 1980s it has diversified into the manufacturing and tourism sectors. Offshore finance and information services have become important foreign exchange earners, and there is a healthy light manufacturing sector. Since the 1990s the Barbados Government has been seen as business-friendly and economically sound. The island has seen a construction boom, with the development and redevelopment of hotels, office complexes, and homes.

Recent government administrations have continued efforts to reduce unemployment, encourage foreign direct investment, and privatise remaining state-owned enterprises. Unemployment has been reduced from around 14 percent in the past to under 10 percent.

The economy contracted in 2001 and 2002 due to slowdowns in tourism, consumer spending and the impact of the 11 September 2001 attacks, but rebounded in 2003 and has shown growth since 2004. Traditional trading partners include Canada, the Caribbean Community (especially Trinidad and Tobago), the United Kingdom and the United States.

Business links and investment flows have become substantial: as of 2003 the island saw from Canada CA$ 25 billion in investment holdings, placing it as one of Canada's top five destinations for Canadian Foreign Direct Investment (FDI). Businessman Eugene Melnyk of Toronto, Canada, is said to be Barbados' richest permanent resident.

It has been reported that the year 2006 would have been one of the busiest years for building construction ever in Barbados, as the building-boom on the island entered the final stages for several multi-million dollar commercial projects.

The European Union is presently assisting Barbados with a €10 million programme of modernisation of the country's International Business and Financial Services Sector.

Barbados maintains the third largest stock exchange in the Caribbean region. At present, officials at the stock exchange are investigating the possibility of augmenting the local exchange with an International Securities Market (ISM) venture.

Belarus

EUROPE

Literally "White Russia," Belarus lies landlocked in eastern Europe. It reluctantly became independent when the USSR broke up in 1991. It has few resources other than agriculture.

OFFICIAL NAME: Republic of Belarus
DATE OF FORMATION: 1991
CAPITAL: Minsk
POPULATION: 9.50 million
TOTAL AREA: 80,154 sq. miles (207,600 sq. km)
DENSITY: 120 people per sq. mile
LANGUAGES: Belarussian*, Russian*
RELIGIONS: Orthodox Christian 60%, other (including Muslim, Jewish, and Protestant) 32%, Roman Catholic 8%
ETHNIC MIX: Belarussian 81%, Russian 11%, Polish 4%, Ukrainian 2%, other 2%
GOVERNMENT: Presidential system
CURRENCY: Belarussian rouble

Geography

Belarus lies between latitudes 51° and 57° N, and longitudes 23° and 33° E. It is landlocked, relatively flat, and contains large tracts of marshy land. According to a 2005 estimate by the United Nations, 40% of Belarus is covered by forests. Many streams and 11,000 lakes are found in Belarus. Three major rivers run through the country: the Neman, the Pripyat, and the Dnieper. The Neman flows westward towards the Baltic sea and the Pripyat flows eastward to the Dnieper; the Dnieper flows southward towards the Black Sea.

The highest point is Dzyarzhynskaya Hara (Dzyarzhynsk Hill) at 345 metres (1,132 ft), and the lowest point is on the Neman River at 90 metres (295 ft). The average elevation of Belarus is 525 feet (160 m) above sea level.

Natural resources include peat deposits, small quantities of oil and natural gas, granite, dolomite (limestone), marl, chalk, sand, gravel, and clay. About 70% of the radiation from neighboring Ukraine's 1986 Chernobyl nuclear disaster entered Belarusian territory, and as of 2005 about a fifth of Belarusian land (principally farmland and forests in the southeastern provinces) continues to be affected by radiation fallout. The United Nations and other agencies have aimed to reduce the level of radiation in affected areas, especially through the use of caesium binders and rapeseed cultivation, which are meant to decrease soil levels of caesium-137.

Belarus is bordered by Latvia on the north, Lithuania to the northwest, Poland to the west, Russia to the north and east and Ukraine to the south. Treaties in 1995 and 1996 demarcated Belarus's borders with Latvia and Lithuania, but Belarus failed to ratify a 1997 treaty establishing the Belarus-Ukraine border. Belarus and Lithuania ratified final border demarcation documents in February 2007.

Climate

The climate features cold winters, with average January temperatures at −6 °C (21.2 °F), and cool and moist summers with an average temperature of 18 °C (64.4 °F). Belarus has an average annual rainfall of 550 to 700 mm (21.7 to 27.6 in). The country is in the transitional zone between continental climates and maritime climates.

People & Society

Only 2% of people are non-Slav, so ethnic tension is minimal. Russian culture dominates. Belarus was the slowest ex-Soviet state to implement political reform; President Lukashenka has been labeled as Europe's last dictator. Enthusiasm for a merger with Russia has waned. Wealth is held by a small ex-Communist elite. Fallout from the 1986 Chernobyl nuclear disaster in Ukraine still seriously affects health and the environment.

Like many other European countries, Belarus has a negative population growth rate and a negative natural growth rate. In 2007, Belarus's population declined by 0.41% and its fertility rate was 1.22, well below the replacement rate. Its net migration rate is +0.38 per 1,000, indicating that Belarus experiences slightly more immigration than emigration. As of 2007, 69.7% of Belarus's population is aged 14 to 64; 16% is under 14, and 14.6% is 65 or older. Its population is also aging: while the current median age is 37, it is estimated that Belarusians' median age group will be between 55 and 65 in 2050. There are about 0.88 males per female in Belarus. The average life expectancy is 68.7 years (63.0 years for males and 74.9 years for females). Over 99% of Belarusians are literate.

Economy

Most of the Belarusian economy remains state-controlled and has been described as "Soviet-style." Thus, 51.2% of Belarusians are employed by state-controlled companies, 47.4% are employed by private Belarusian companies (of which 5.7% are partially foreign-owned), and 1.4% are employed by foreign companies. The country relies on imports such as oil from Russia. Important agricultural products include potatoes and cattle byproducts, including meat. As of 1994, the biggest exports from Belarus were heavy machinery (especially tractors), agricultural products, and energy products.

Historically important branches of industry include textiles and wood processing. As of the 1991 dissolution of the Soviet Union, Belarus was one of the world's most industrially developed states by percentage of gross domestic product (GDP) as well as the richest CIS state. Economically, Belarus involved itself in the CIS, Eurasian Economic Community, and Union with Russia.

During the 1990s, however, industrial production plunged because of decreases in imported inputs, investment, and demand for exports from traditional trading partners. It took until 1996 for the gross domestic product to rise; this coincided with the government putting more emphasis on using the GDP for social welfare and state subsidies. The GDP for 2006 was US$83.1 billion in purchasing power parity (PPP) dollars (estimate), or about $8,100 per capita. In 2005, the gross domestic product increased by about 9.9%, with the inflation rate averaging about 9.5%.

As of 2006, Belarus's largest trading partner is Russia, accounting for nearly half of total trade, and the European Union is Belarus's next largest trading partner, with nearly a third of foreign trade. Because of its failure to protect labor rights, however, Belarus lost its EU Generalized System of Preferences status on 21 June 2007, which raised tariff rates to their prior most favoured nation levels. Belarus applied to become a member of the World Trade Organization in 1993.

The labor force consists of more than four million people, among whom women hold slightly more jobs than men. In 2005, nearly a quarter of the population was employed by industrial factories. Employment is also high in agriculture, manufacturing sales, trading goods, and education. The unemployment rate, according to Belarusian government statistics, was about 1.5% in 2005. The number of unemployed persons totaled 679,000, of whom about two-thirds are women. The rate of unemployment has been decreasing since 2003, and the overall rate of employment is the highest since statistics were first compiled in 1995.

The currency of Belarus is the Belarusian ruble (BYR). The currency was introduced in May 1992, replacing the Soviet ruble. The ruble was reintroduced with new values in 2000 and has been in use ever since. As part of the Union of Russia and Belarus, both states have discussed using a single currency along the same lines as the Euro. This led to a proposal that the Belarusian Ruble be discontinued in favor of the Russian ruble (RUB), starting as early as 1 January 2008. As of August 2007, the National Bank of Belarus no longer pegged the Belarusian Ruble to the Russian Ruble. The banking system of Belarus is composed of 30 state-owned banks and one privatized bank. On 23 May 2011, the Belarusian Ruble was devalued by 56% against the U.S. dollar. On the black market, the devaluation has dropped even lower. Panic spread across the country as citizens rushed to exchange their rubles for dollars, euros, durable goods and canned goods. On 1 June 2011, Belarus requested an economic rescue package from the International Monetary Fund.

Belgium

EUROPE

Belgium lies in northwestern Europe. Its history has been marked by tensions between the majority Dutch-speaking (Flemish) and minority French-speaking (Walloon) communities.

OFFICIAL NAME: Kingdom of Belgium
DATE OF FORMATION: 1830
CAPITAL: Brussels
POPULATION: 11.0 million
TOTAL AREA: 11,780 sq. miles (30,510 sq. km)
DENSITY: 840 people per sq. mile
LANGUAGES: Dutch*, French*, German*
RELIGIONS: Roman Catholic 88%, other 10%, Muslim 2%
ETHNIC MIX: Flemish 58%, Walloon 33%, other 6%, Italian 2%, Moroccan 1%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Belgium shares borders with France (620 km), Germany (167 km), Luxembourg (148 km) and the Netherlands (450 km). Its total area, including surface water area, is 33,990 square kilometres; land area alone is 30,528 km^2. It lies between latitudes 49° and 53° N, and longitudes 2° and 7° E.

Belgium has three main geographical regions: the coastal plain in the north-west and the central plateau both belong to the Anglo-Belgian Basin; the Ardennes uplands in the south-east are part of the Hercynian orogenic belt. The Paris Basin reaches a small fourth area at Belgium's southernmost tip, Belgian Lorraine.

The coastal plain consists mainly of sand dunes and polders. Further inland lies a smooth, slowly rising landscape irrigated by numerous waterways, with fertile valleys and the northeastern sandy plain of the Campine (Kempen). The thickly forested hills and plateaus of the Ardennes are more rugged and rocky with caves and small gorges. Extending westward into France, this area is eastwardly connected to the Eifel in Germany by the High Fens plateau, on which the Signal de Botrange forms the country's highest point at 694 metres (2,277 ft).

Phytogeographically, Belgium is shared between the Atlantic European and Central European provinces of the Circumboreal Region within the Boreal Kingdom. According to the World Wide Fund for Nature, the territory of Belgium belongs to the ecoregion of Atlantic mixed forests. Because of its high population density, its location in the centre of Western Europe and inadequate political effort, Belgium faces serious environmental problems. A 2003 report suggested Belgian natural waters (rivers and groundwater) to have the lowest water quality of the 122 countries studied. In the 2006 pilot Environmental Performance Index, Belgium scored 75.9% for overall environmental performance and was ranked lowest of the EU member countries, though it was only 39th of 133 countries.

Climate

The climate is maritime temperate with significant precipitation in all seasons (Köppen climate classification: Cfb), as is the case with all areas adjacent to the North Sea, including The Netherlands and much of the United Kingdom. The average temperature is lowest in January at 3 °C (37.4 °F) and highest in July at 18 °C (64.4 °F). The average precipitation per month varies between 54 millimetres (2.1 in) for February or April, to 78 mm (3.1 in) for July. Averages for the years 2000 to 2006 show daily temperature minimums of 7 °C (44.6 °F) and maximums of 14 °C (57.2 °F) and monthly rainfall of 74 mm (2.9 in); these are about 1 °C and nearly 10 millimetres above last century's normal values, respectively.

People & Society

Since 1970, Flemish regions have become more prosperous than those of the minority Walloons, overturning traditional roles and increasing friction. Belgium moved to a federal system from 1980 in order to contain tensions, but recent fractious politics have raised doubts over the union's survival. Brussels hosts key European Union institutions.

Despite its political and linguistic divisions, the region corresponding to today's Belgium has seen the flourishing of major artistic movements that have had tremendous influence on European art and culture. Nowadays, to a certain extent, cultural life is concentrated within each language Community, and a variety of barriers have made a shared cultural sphere less pronounced. Since the 1970s, there are no bilingual universities in the country except the Royal Military Academy and the Antwerp Maritime Academy, no common media and no single large cultural or scientific organisation in which both main communities are represented. The forces that once held the Belgians together—Roman Catholicism and economic and political opposition to the Dutch—are no longer strong.

Economy

Belgium's strongly globalized economy and its transportation infrastructure are integrated with the rest of Europe. Its location at the heart of a highly industrialized region helped make it the world's 15th largest trading nation in 2007. The economy is characterized by a highly productive work force, high GNP and high exports per capita. Belgium's main imports are raw materials, machinery and equipment, chemicals, raw diamonds, pharmaceuticals, foodstuffs, transportation equipment, oil products. Its main exports are machinery and equipment, chemicals, finished diamonds, metals and metal products, foodstuffs.

The Belgian economy is heavily service-oriented and shows a dual nature: a dynamic Flemish economy and a Walloon economy that lags behind. One of the founding members of the European Union, Belgium strongly supports an open economy and the extension of the powers of EU institutions to integrate member economies. Since 1922, through the Belgium-Luxembourg Economic Union, Belgium and Luxembourg have been a single trade market with customs and currency union.

Belgium was the first continental European country to undergo the Industrial Revolution, in the early 19th century. Liège and Charleroi rapidly developed mining and steelmaking, which flourished until the mid-20th century in the Sambre–Meuse valley, the sillon industriel and made Belgium one of the top three most industrialized nations in the world from 1830 to 1910. However, by the 1840s the textile industry of Flanders was in severe crisis, and the region experienced famine from 1846 to 1850.

After World War II, Ghent and Antwerp experienced a rapid expansion of the chemical and petroleum industries. The 1973 and 1979 oil crises sent the economy into a recession; it was particularly prolonged in Wallonia, where the steel industry had become less competitive and experienced serious decline. In the 1980s and 1990s, the economic centre of the country continued to shift northwards and is now concentrated in the populous Flemish Diamond area.

By the end of the 1980s, Belgian macroeconomic policies had resulted in a cumulative government debt of about 120% of GDP. As of 2006, the budget was balanced and public debt was equal to 90.30% of GDP. In 2005 and 2006, real GDP growth rates of 1.5% and 3.0%, respectively, were slightly above the average for the Euro area. Unemployment rates of 8.4% in 2005 and 8.2% in 2006 were close to the area average. By October 2010, this had grown to 8.5% compared to an average rate of 9.6% for the European Union as a whole (EU 27). From 1832 until 2002, Belgium's currency was the Belgian franc. Belgium switched to the euro in 2002, with the first sets of euro coins being minted in 1999. The standard Belgian euro coins designated for circulation show the portrait of King Albert II.

Despite a 18% decrease observed from 1970 to 1999, Belgium still had in 1999 the highest rail network density within the European Union with 113.8 km/1 000 km^2. Due to the large population density in Belgium, this number corresponds to the quite low amount of 3.40% kilometers per capita in comparison to the mean EU value of 4.06%. On the other hand, the same period of time, 1970–1999, has seen a huge growth (+56%) of the motorway network. In 1999, the density of km motorways per 1000 km^2 and 1000 inhabitants amounted to 55.1 and 16.5 respectively and were significantly superior to the EU's means of 13.7 and 15.9. Belgium however experiences one of the most congested traffic in Europe. Commuters to the cities of Brussels and Antwerp spent 2010 respectively 65 and 64 hours a year in traffic jams.Like in most small european countries, more than 80% of the airways traffic is handled by a single airport, the Brussels Airport. The ports of Antwerp and Zeebrugge share more than 80% of Belgian maritime traffic, Antwerp being the second European harbour with a gross weight of goods handled of 115 988 000 t in 2000 after a growth of 10.9% over the preceeding five years.

Belize

NORTH & CENTRAL AMERICA

Belize lies on the eastern shore of the Yucatan Peninsula. Formerly called British Honduras, Belize was the last Central American country to gain its independence, in 1981.

OFFICIAL NAME: Belize
DATE OF FORMATION: 1981
CAPITAL: Belmopan
POPULATION: 333,200
TOTAL AREA: 8867 sq. miles (22,966 sq. km)
DENSITY: 35 people per sq. mile
LANGUAGES: English Creole, Spanish, English*, Mayan, Garifuna (Carib)
RELIGIONS: Roman Catholic 62%, other 20%, Anglican 12%, Methodist 6%
ETHNIC MIX: Mestizo 49%, Creole 25%, Maya 11%, other 9%, Garifuna 6%
GOVERNMENT: Parliamentary system
CURRENCY: Belizean dollar = 100 cents

Geography

Belize is located on the Caribbean coast of northern Central America. It shares a border on the north with the Mexican state of Quintana Roo, on the west with the Guatemalan department of Petén, and on the south with the Guatemalan department of Izabal. To the east in the Caribbean Sea, the second-longest barrier reef in the world flanks much of the 386 kilometres (240 mi) of predominantly marshy coastline. The area of the country totals 22,960 square kilometres (8,865 sq mi), an area slightly larger than El Salvador or Massachusetts. The abundance of lagoons along the coasts and in the northern interior reduces the actual land area to 21,400 square kilometres (8,263 sq mi).

Belize is shaped like a rectangle that extends about 280 kilometres (174 mi) north-south and about 100 kilometres (62 mi) east-west, with a total land boundary length of 516 kilometres (321 mi). The undulating courses of two rivers, the Hondo and the Sarstoon River, define much of the course of the country's northern and southern boundaries. The western border follows no natural features and runs north-south through lowland forest and highland plateau. The north of Belize consists mostly of flat, swampy coastal plains, in places heavily forested. The flora is highly diverse considering the small geographical area. The south contains the low mountain range of the Maya Mountains. The highest point in Belize is Doyle's Delight at 1,124 m (3,688 ft).

The Caribbean coast is lined with a coral reef and some 450 islets and islands known locally as cayes (pronounced "keys"). They total about 690 square kilometres (266 sq mi), and form the approximately 320-kilometre (199 mi) long Belize Barrier Reef, the longest in the Western Hemisphere and the second longest in the world after the Great Barrier Reef. Three of merely four coral atolls in the Western Hemisphere are located off the coast of Belize.

Climate

Belize has a tropical climate with pronounced wet and dry seasons, although there are significant variations in weather patterns by region. Temperatures vary according to elevation, proximity to the coast, and the moderating effects of the northeast trade winds off the Caribbean. Average temperatures in the coastal regions range from 24 °C (75.2 °F) in January to 27 °C (80.6 °F) in July. Temperatures are slightly higher inland, except for the southern highland plateaus, such as the Mountain Pine Ridge, where it is noticeably cooler year round. Overall, the seasons are marked more by differences in humidity and rainfall than in temperature.

Average rainfall varies considerably, ranging from 1,350 mm (53.1 in) in the north and west to over 4,500 mm (177.2 in) in the extreme south. Seasonal differences in rainfall are greatest in the northern and central regions of the country where, between January and April or May, fewer than 100 mm (3.9 in) of rain fall per month. The dry season is shorter in the south, normally only lasting from February to April. A shorter, less rainy period, known locally as the "little dry," usually occurs in late July or August, after the initial onset of the rainy season.

Hurricanes have played key—and devastating—roles in Belizean history. In 1931 an unnamed hurricane destroyed over two-thirds of the buildings in Belize City and killed more than 1,000 people. In 1955 Hurricane Janet levelled the northern town of Corozal. Only six years later, Hurricane Hattie struck the central coastal area of the country, with winds in excess of 300 km/h (186 mph) and 4 m (13.1 ft) storm tides. The devastation of Belize City for the second time in thirty years prompted the relocation of the capital some 80 kilometres (50 mi) inland to the planned city of Belmopan. Hurricane Greta caused more than US$25 million in damages along the southern coast in 1978. On 9 October 2001, Hurricane Iris made landfall at Monkey River Town as a 145 mph (233 km/h) Category Four storm. The storm demolished most of the homes in the village, and destroyed the banana crop. In 2007 Hurricane Dean made landfall as a Category 5 storm only 25 miles north of the Belize/Mexico border. Dean caused extensive damage in northern Belize.

The most recent hurricane to affect Belize directly was the Category 2 Hurricane Richard, making landfall approximately 20 miles south-southeast of Belize City at around 0045 UTC on 25 October 2010. The storm moved inland towards Belmopan, causing estimated damage of BZ$33.8 million ($17.4 million 2010 USD), primarily from damage to crops and housing.

People & Society

English-speaking black Creoles are outnumbered by Spanish speakers, including native mestizos and immigrants from neighboring states. The Creoles have traditionally dominated society, but high levels of emigration to the US have weakened their influence. The Afro-Carib garifuna have their own language. Corruption, and trafficking of people and narcotics, are major problems.

The Maya are thought to have been in Belize and the Yucatán region since the second millennium BC; however, much of Belize's original Maya population was wiped out by disease and conflicts between tribes and with Europeans. Three Maya groups now inhabit the country: The Yucatec (who came from Yucatán, Mexico to escape the Caste War of the 1840s), the Mopan (indigenous to Belize but were forced out by the British; they returned from Guatemala to evade slavery in the 19th century), and Kekchi (also fled from slavery in Guatemala in the 19th century). The later groups are chiefly found in the Toledo District.

White, initially Spanish conquistadors explored and declared the land a Spanish colony but chose not to settle due to the lack of resources such as gold and the strong defence of the Yucatán by the Maya. Later English and Scottish settlers and pirates known as the "Baymen" entered the area in the 16th and 17th century respectively and established a logwood trade colony in what would become the Belize District

Economy

Belize has a small, essentially private enterprise economy that is based primarily on agriculture, agro-based industry, and merchandising, with tourism and construction recently assuming greater importance. In 2006, the exploitation of a newly discovered crude oil field near the town of Spanish Lookout, has presented new prospects and problems for this developing nation. It has yet to be seen if significant economic expansion will be made by this. To date, oil production equal 3,000 bbl/d (480 m3/d) (2007 est.) and oil exports equal 1,960 bbl/d (312 m3/d) (2006 est.). The country is a producer of industrial minerals. Sugar, the chief crop, accounts for nearly half of exports, while the banana industry is the country's largest employer.

The new government faces important challenges to economic stability. Rapid action to improve tax collection has been promised, but a lack of progress in reining in spending could bring the exchange rate under pressure. The tourist and construction sectors strengthened in early 1999, leading to a preliminary estimate of revived growth at 4%. Infrastructure continues to be a major challenge for the economic development of Belize. Belize has the most expensive electricity in the region. Trade is important and the major trading partners are the United States, Mexico, the European Union, and Central America.

The largest integrated electric utility and the principal distributor in Belize is BEL, an integrated electric utility and distributor. BEL is approximately 70% owned by Fortis Inc., a Canadian investor-owned distribution utility. Fortis took over the management of BEL in 1999, at the invitation of the Government of Belize in an attempt to mitigate prior financial problems within the locally managed utility. In addition to its regulated investment in BEL, Fortis owns Belize Electric Company Limited ("BECOL"), a non-regulated hydroelectric generation business that operates three hydroelectric generating facilities on the Macal River in Belize.

In 2008 the Public Utilities Commission of Belize issued an order that has had a significant negative impact on the financial condition and operations of BEL. The order effectively disallowed the recovery of costs via customer rates and set rates at a level that does not allow BEL to earn a reasonable return. This has led to a deterioration of facilities and service. BEL appealed the rate order, but the court dismissed BEL's application, finding that various accepted concepts of good management shall not be applicable in Belize. BEL appealed this judgment to the Court of Appeal; however, a hearing is not expected until 2012. In May 2011, the Supreme Court of Belize granted BEL's application to prevent the PUC from taking any enforcement action against BEL pending the appeal. BEL has been in default of financial covenants under its long-term lending agreements since 2008

A combination of natural factors—climate, the Belize Barrier Reef, over 1,000 offshore Cayes (islands), excellent fishing, safe waters for boating, scuba diving, and snorkeling, numerous rivers for rafting, and kayaking, various jungle and wildlife reserves of fauna and flora, for hiking, bird watching, and helicopter touring, as well as many Maya ruins—support the thriving tourism and ecotourism industry. Of the hundreds of cave systems, it also has the largest cave system in Central America. Development costs are high, but the Government of Belize has designated tourism as its second development priority after agriculture. In 2007, tourist arrivals totalled 251,655 (with more than 210,000 from the U.S.) and tourist receipts amounted to $183.3 million.

Benin

AFRICA

Benin stretches north from the west African coast. In 1990, Benin became one of the pioneers of African democratization, ending 17 years of one-party Marxist-Leninist rule.

OFFICIAL NAME: Republic of Benin
DATE OF FORMATION: 1960
CAPITAL: Porto-Novo
POPULATION: 8.79 million
TOTAL AREA: 43,483 sq. miles (112,620 sq. km)
DENSITY: 209 people per sq. mile
LANGUAGES: Fon, Bariba, Yoruba, Adja, Houeda, Somba, French*
RELIGIONS: 50%, Muslim 30%, Christian 20%
ETHNIC MIX: Fon 41%, other 21%, Adja 16%, Yoruba 12%, Bariba 10%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Benin, a narrow, north-south strip of land in west Africa, lies between the Equator and the Tropic of Cancer. Benin lies between latitudes 6° and 13°N, and longitudes 0° and 4°E. Benin is bounded by Togo to the west, Burkina Faso and Niger to the north, Nigeria to the east, and the Bight of Benin to the south.

With an area of 112,622 km^2 (43,484 sq mi), Benin extends from the Niger River in the north to the Atlantic Ocean in the south, a distance of 650 km (404 mi). Although the coastline measures 121 km (75 mi) the country measures about 325 km (202 mi) at its widest point.

It is one of the smaller countries in West Africa, one-eighth the size of Nigeria, its neighbor to the east. It is, however, twice as large as Togo, its neighbor to the west.

Benin shows little variation in elevation and can be divided into four areas from the south to the north, starting with the low-lying, sandy, coastal plain (highest elevation 10 m (32.8 ft)) which is, at most, 10 km (6.2 mi) wide. It is marshy and dotted with lakes and lagoons communicating with the ocean. Behind the coast lies the Guinean forest-savanna mosaic covered plateaus of southern Benin (altitude between 20 and 200 m (66 and 656 ft)) are split by valleys running north to south along the Couffo, Zou, and Oueme Rivers.

Then an area of flat lands dotted with rocky hills whose altitude seldom reaches 400 m (1,312 ft) extends around Nikki and Save. Finally, a range of mountains extends along the northwest border and into Togo; this is the Atacora, with the highest point, Mont Sokbaro, at 658 m (2,159 ft).

Benin has fields of lying fallow, mangroves, and remnants of large sacred forests. In the rest of the country, the savanna is covered with thorny scrubs and dotted with huge baobab trees. Some forests line the banks of rivers. In the north and the northwest of Benin the Reserve du W du Niger and Pendjari National Park attract tourists eager to see elephants, lions, antelopes, hippos, and monkeys. Historically Benin has served as habitat for the endangered Painted Hunting Dog, Lycaon pictus; however, this canid is thought to have been locally extirpated.

Climate

Benin's climate is hot and humid. Annual rainfall in the coastal area averages 1300 mm or about 51 inches. Benin has two rainy and two dry seasons per year. The principal rainy season is from April to late July, with a shorter less intense rainy period from late September to November. The main dry season is from December to April, with a short cooler dry season from late July to early September. Temperatures and humidity are high along the tropical coast. In Cotonou, the average maximum temperature is 31 °C (87.8 °F); the minimum is 24 °C (75.2 °F).

Variations in temperature increase when moving north through a savanna and plateau toward the Sahel. A dry wind from the Sahara called the Harmattan blows from December to March, during which grass dries up, the vegetation turns reddish brown, and a veil of fine dust hangs over the country, causing the skies to be overcast. It also is the season when farmers burn brush in the fields.

People & Society

There are 42 different ethnic groups. The southern Fon have tended to dominate politics. Other major groups are the Adja and Yoruba. The northern Fulani follow a nomadic lifestyle. North–south tension is mainly due to the south being more developed. French culture, centered on Cotonou, is highly prized. Substantial differences in wealth reflect a strongly hierarchical society.

The majority of Benin's population lives in the south. The population is young, with a life expectancy of 59 years. About 42 African ethnic groups live in this country; these various groups settled in Benin at different times and also migrated within the country. Ethnic groups include the Yoruba in the southeast (migrated from Nigeria in the 12th century); the Dendi in the north-central area (they came from Mali in the 16th century); the Bariba and the Fula (French: Peul; Fula: Fulɓe) in the northeast; the Betammaribe and the Somba in the Atacora Range; the Fon in the area around Abomey in the South Central and the Mina, Xueda, and Aja (who came from Togo) on the coast.

Recent migrations have brought other African nationals to Benin that include Nigerians, Togolese, and Malians. The foreign community also includes many Lebanese and Indians involved in trade and commerce. The personnel of the many European embassies and foreign aid missions and of nongovernmental organizations and various missionary groups account for a large part of the 5500 European population. A small part of the European population consists of Beninese citizens of French ancestry, whose ancestors ruled Benin and left after independence.

The literacy rate in Benin is among the lowest in the world: in 2002 it was estimated to be 34.7% (47.9% for males and 23.3% for females). Although at one time the education system was not free, Benin has abolished school fees and is carrying out the recommendations of its 2007 Educational Forum.

Economy

The economy of Benin is dependent on subsistence agriculture, cotton production, and regional trade. Cotton accounts for 40% of GDP and roughly 80% of official export receipts. Growth in real output has averaged around 5% in the past seven years, but rapid population growth has offset much of this increase. Inflation has subsided over the past several years. Benin uses the CFA franc, which is pegged to the euro.

Benin's economy has continued to strengthen over the past years, with real GDP growth estimated at 5.1 percent and 5.7 percent in 2008 and 2009, respectively. The main driver of growth is the agricultural sector, with cotton being the country's main export, while services continue to contribute the largest part of GDP largely because of Benin's geographical location, enabling trade, transportation, transit and tourism activities with its neighbouring states.

In order to raise growth still further, Benin plans to attract more foreign investment, place more emphasis on tourism, facilitate the development of new food processing systems and agricultural products, and encourage new information and communication technology. Projects to improve the business climate by reforms to the land tenure system, the commercial justice system, and the financial sector were included in Benin's US$307 million Millennium Challenge Account grant signed in February 2006.

The Paris Club and bilateral creditors have eased the external debt situation, with Benin benefiting from a G8 debt reduction announced in July 2005, while pressing for more rapid structural reforms. An insufficient electrical supply continues to adversely affect Benin's economic growth though the government recently has taken steps to increase domestic power production.

Although trade unions in Benin represent up to 75% of the formal workforce, the large informal economy has been noted by the International Trade Union Confederation (ITCU) to contain ongoing problems, including a lack of women's wage equality, the use of child labour, and the continuing issue of forced labour.

Benin is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

Cotonou harbors the country's only seaport and international airport. A new port is currently under construction between Cotonou and Porto Novo. Benin is connected by 2 lane asphalted roads to its neighboring countries (Togo, Burkina Faso, Niger, and Nigeria). Mobile telephone service is available across the country through various operators. ADSL connections are available in some areas. Benin is connected to the Internet by way of satellite connections (since 1998) and a single submarine cable SAT-3/WASC (since 2001), keeping the price of data extremely high. Relief is expected with initiation of the Africa Coast to Europe cable in 2011.

Currently, about a third of the population live below the international poverty line of US$1.25 per day.

Bhutan

ASIA

Perched in the eastern Himalayas between India and China lies the landlocked Kingdom of Bhutan. It is largely closed to the outside world to protect its culture; TV was banned until 1999.

OFFICIAL NAME: Kingdom of Bhutan
DATE OF FORMATION: 1656
CAPITAL: Thimphu
POPULATION: 691,141
TOTAL AREA: 18,147 sq. miles (47,000 sq. km))
DENSITY: 38 people per sq. mile
LANGUAGES: Dzongkha*, Nepali
RELIGIONS: Mahayana Buddhist 70%, Hindu 24%, other 6%
ETHNIC MIX: Bhute 50%, other 25%, Nepalese 25%
GOVERNMENT: Mixed monarchical– parliamentary system
CURRENCY: Ngultrum = 100 chetrum

Geography

The Kingdom of Bhutan is nestled in the southern slopes of the eastern Himalayas, and landlocked between the Tibet Autonomous Region to the north and the Indian states of Sikkim, West Bengal, Assam and Arunachal Pradesh to the west and south. It lies between latitudes 26° and 29°N, and longitudes 88° and 93°E. The land consists mostly of steep and high mountains crisscrossed by a network of swift rivers, which form deep valleys before draining into the Indian plains. Elevation rises from 200 m (660 ft) in the southern foothills to more than 7,000 m (23,000 ft). This great geographical diversity combined with equally diverse climate conditions contributes to Bhutan's outstanding range of biodiversity and ecosystems.

The northern region of the country consists of an arc of Eastern Himalayan alpine shrub and meadows reaching up to glaciated mountain peaks with an extremely cold climate at the highest elevations. Most peaks in the north are over 7,000 m (23,000 ft) above sea level; the highest point in Bhutan is Gangkhar Puensum at 7,570 metres (24,840 ft), which has the distinction of being the highest unclimbed mountain in the world. The lowest point, at 98 m (322 ft), is in the valley of Drangme Chhu, where the river crosses the border with India. Watered by snow-fed rivers, alpine valleys in this region provide pasture for livestock, tended by a sparse population of migratory shepherds.

The Black Mountains in the central region of Bhutan form a watershed between two major river systems: the Mo Chhu and the Drangme Chhu. Peaks in the Black Mountains range between 1,500 and 2,700 m (4,900 and 8,900 ft) above sea level, and fast-flowing rivers have carved out deep gorges in the lower mountain areas. The forests of the central Bhutan mountains consist of Eastern Himalayan subalpine conifer forests in higher elevations and Eastern Himalayan broadleaf forests in lower elevations. Woodlands of the central region provide most of Bhutan's forest production. The Torsa, Raidak, Sankosh, and Manas are the main rivers of Bhutan, flowing through this region. Most of the population lives in the central highlands.

In the south, the Shiwalik Hills are covered with dense Himalayan subtropical broadleaf forests, alluvial lowland river valleys, and mountains up to around 1,500 m (4,900 ft) above sea level. The foothills descend into the subtropical Duars Plain. Most of the Duars is located in India, although a 10 to 15 km (6.2 to 9.3 mi) wide strip extends into Bhutan. The Bhutan Duars is divided into two parts: the northern and the southern Duars. The northern Duars, which abuts the Himalayan foothills, has rugged, sloping terrain and dry, porous soil with dense vegetation and abundant wildlife. The southern Duars has moderately fertile soil, heavy savannah grass, dense, mixed jungle, and freshwater springs. Mountain rivers, fed by either the melting snow or the monsoon rains, empty into the Brahmaputra River in India. Data released by the Ministry of Agriculture showed that the country had a forest cover of 64% as of October 2005.

Climate

The climate in Bhutan varies with altitude, from subtropical in the south to temperate in the highlands and polar-type climate, with year-round snow in the north. Bhutan experiences five distinct seasons: summer, monsoon, autumn, winter and spring. Western Bhutan has the heavier monsoon rains; southern Bhutan has hot humid summers and cool winters; central and eastern Bhutan is temperate and drier than the west with warm summers and cool winters.

People & Society

The king was absolute monarch until 1998, and the first democratic elections were held a decade later. Most people are devoutly Buddhist and originate from Tibet. The Hindu Nepalese settled in the south. Bhutan has 20 languages. In 1988, Dzongkha (a Tibetan dialect native to just 16% of the people) was made the official language. The Nepalese community regard this as "cultural imperialism," causing considerable ethnic tensions.

Bhutanese people primarily consist of the Ngalops and Sharchops, called the Western Bhutanese and Eastern Bhutanese respectively. The Ngalops primarily consist of Bhutanese living in the western part of the country. Their culture is closely related to that of Tibet. Much the same could be said of the Sharchops, the dominant group, who originate from the eastern part of Bhutan (but who traditionally follow the Nyingmapa rather than the official Drukpa Kagyu form of Tibetan Buddhism). In modern times, with improved transportation infrastructure, there has been much intermarriage between these groups. In the early 1970s, intermarriage between the Lhotshampas and mainstream Bhutanese society was encouraged by the government.

The literacy rate is 59.5 percent. The country has a median age of 22.3 years. Bhutan has a life expectancy of 62.2 years (61 for males and 64.5 for females) according to the latest data from the World Bank. There are 1,070 males to every 1,000 females in the country.

Economy

The Ngultrum is the currency of Bhutan and its value is pegged to the Indian rupee. The rupee is also accepted as legal tender in the country.

Though Bhutan's economy is one of the world's smallest, it has grown rapidly in recent years, by eight percent in 2005 and 14 percent in 2006. In 2007, Bhutan had the second fastest growing economy in the world, with an annual economic growth rate of 22.4 percent. This was mainly due to the commissioning of the gigantic Tala Hydroelectricity project. As of March 2006, Bhutan's per capita income was US$1,321.

Bhutan's economy is based on agriculture, forestry, tourism and the sale of hydroelectric power to India. Agriculture provides the main livelihood for more than 80 percent of the population. Agrarian practices consist largely of subsistence farming and animal husbandry. Handicrafts, particularly weaving and the manufacture of religious art for home altars, are a small cottage industry. A landscape that varies from hilly to ruggedly mountainous has made the building of roads and other infrastructure difficult and expensive. This, and a lack of access to the sea, has meant that Bhutan has not been able to benefit from significant trading of its produce. Bhutan does not have any railways, though Indian Railways plans to link southern Bhutan to its vast network under an agreement signed in January 2005. Bhutan and India signed a 'free trade' accord in 2008, which additionally allowed Bhutanese imports and exports from third markets to transit India without tariffs. Bhutan had trade relations with the Tibet region until 1960, when it closed its border with China after an influx of refugees.

The industrial sector is in a nascent stage, and though most production comes from cottage industry, larger industries are being encouraged and some industries such as cement, steel, and ferroalloy have been set up. Most development projects, such as road construction, rely on Indian contract labour. Agricultural produce includes rice, chilies, dairy (some yak, mostly cow) products, buckwheat, barley, root crops, apples, and citrus and maize at lower elevations. Industries include cement, wood products, processed fruits, alcoholic beverages and calcium carbide.

Incomes of over Nu 100,000 per annum are taxed, but very few wage and salary earners qualify. Bhutan's inflation rate was estimated at about three percent in 2003. Bhutan has a Gross Domestic Product of around USD 2.913 billion (adjusted to Purchasing Power Parity), making it the 162nd largest economy in the world. Per capita income is around $1,400, ranked 124th. Government revenues total $272 million, though expenditures amount to $350 million. 60 percent of the budget expenditure, however, is financed by India's Ministry of External Affairs. Bhutan's exports, principally electricity, cardamom, gypsum, timber, handicrafts, cement, fruit, precious stones and spices, total €128 million (2000 est.). Imports, however, amount to €164 million, leading to a trade deficit. Main items imported include fuel and lubricants, grain, machinery, vehicles, fabrics and rice. Bhutan's main export partner is India, accounting for 58.6 percent of its export goods. Hong Kong (30.1 percent) and Bangladesh (7.3 percent) are the other two top export partners. As its border with Tibet is closed, trade between Bhutan and China is now almost non-existent. Bhutan's import partners include India (74.5 percent), Japan (7.4 percent) and Sweden (3.2 percent).

Bolivia

SOUTH AMERICA

Landlocked high in central South America, Bolivia is one of the region's poorest countries. La Paz is the world's highest capital city: 13,385 feet (3631 m) above sea level.

OFFICIAL NAME: Republic of Bolivia
DATE OF FORMATION: 1825
CAPITAL: La Paz (administrative); Sucre (judicial)
POPULATION: 10.9 million
TOTAL AREA: 424,162 sq. miles (1,098,580 sq. km)
DENSITY: 24 people per sq. mile
LANGUAGES: Aymara*, Quechua*, Spanish*
RELIGIONS: Roman Catholic 93%, other 7%
ETHNIC MIX: Quechua 37%, Aymara 32%, mixed 13%, European 10%, other 8%
GOVERNMENT: Presidential system
CURRENCY: Boliviano = 100 centavos

Geography

At 1,098,580 square kilometres (424,160 sq mi), Bolivia is the world's 28th-largest country. It lies between latitudes 9° and 23°S, and longitudes 57° and 70°W.

Bolivia was a landlocked nation from 1879 to 1992, after losing its coastal department of Litoral to Chile in the War of the Pacific. However, it does have access to the Atlantic via the Paraguay River. In 1992, Peru gave Bolivia a parcel of land on the Pacific coast. In 2010 this was expanded into a 99-year lease allowing the development of a port and naval station on a 3.6 km^2 (1.4 sq mi) land parcel 18 km (11 mi) south of Peru's port of Ilo. However, since no ports yet exist on this land, Bolivia is in effect still landlocked.

Many ecological zones are represented within Bolivia's territory. The western highlands of the country are situated in the Andes and include the Bolivian Altiplano. The eastern lowlands include large sections of Amazonian rainforests and the Chaco Plain. The highest peak is Nevado Sajama at 6,542 metres (21,463 ft) located in the Oruro Department. Lake Titicaca is located on the border between Bolivia and Peru. The Salar de Uyuni, the world's largest salt flat, lies in the southwest corner of the country, in Potosí Department.

Climate

The weather in Bolivia can vary drastically from one climatic zone to another. The summer months in Bolivia are November through March. The weather is typically warmer and wetter during these months. April through October, the winter months, are typically colder and drier.

In the highlands, the weather can be very cold and temperatures frequently go below zero at night, especially on the Altiplano. Snow is common in Potosí during the winter months and sometimes also falls on La Paz and Oruro. In contrast, winter in Sucre, Cochabamba and Tarija on the Cordillera Real is a time of blue skies and comfortable temperatures.

The weather in the rainforest is usually very hot and is often very wet. The drier period of the year is May to October. The section of the rainforest that borders the Cordillera Real of the Andes Mountains is a bit cooler, but still very wet. As altitude declines, the temperature rises. Additionally many rivers and aquatic zones will dry up very noticeably in winter and then flood in summer creating an unpredictable landscape.

People & Society

The indigenous majority faces widespread discrimination. Wealthy Spanish-descended families have traditionally controlled the economy. Amerindian Evo Morales, president from 2005, pledged to cut poverty, legalize coca, and redistribute land.

The white population consists mostly of criollos, which in turn consist of families of relatively unmixed Spanish ancestry, descended from the early Spanish colonists. These have formed much of the aristocracy since independence. Other smaller groups within the white population are Germans, who founded the former national airline Lloyd Aéreo Boliviano, as well as Italians, Basques, Croats, Russians, Poles and other minorities, many of whose members descend from families that have lived in Bolivia for several generations. Some 40,000 German-speaking Mennonites live in eastern Bolivia.

The Afro Bolivian community numbers more than 0.5% of the population, descended from African slaves that were transported to work in Brazil and then migrated westward into Bolivia. They are mostly concentrated in the Yungas region (Nor Yungas and Sud Yungas provinces) in the department of La Paz. There are also Japanese who are concentrated mostly in Santa Cruz de la Sierra, and Middle Easterners who became prosperous in commerce.

Bolivia is one of the least developed countries in South America. Almost two-thirds of its people, many of whom are subsistence farmers, live in poverty. Population density ranges from less than one person per square kilometre in the southeastern plains to about ten per square kilometre (25 per sq. mi) in the central highlands. As of 2006, the population is increasing about 1.45% per year.

Economy

Bolivia is one of the poorest and least developed countries in Latin America, despite being rich in natural resources. Bolivia's 2002 gross domestic product (GDP) totaled USD $7.9 billion. Economic growth was about 2.5% per year, and inflation was between 3% and 4% in 2002 (it was under 2% in 2001). Bolivia was rated 'Repressed' by the 2010 Index of Economic Freedom. However, despite a series of mostly political setbacks, between 2006 and 2009 the Morales administration has spurred growth higher than at any point in the preceding 30 years. The growth was accompanied by a moderate decrease in inequality.

Bolivia's current economic situation remains lackluster, a factor that can be linked to several factors from the past three decades. The first major blow to the Bolivian economy came with a dramatic fall in the price of tin during the early 1980s, which impacted one of Bolivia's main sources of income and one of its major mining-industries. The second major economic blow came at the end of the Cold War in the late 1980s and early 1990s as economic aid was withdrawn by western countries who had previously tried to keep a market-liberal regime in power through financial support.

Since 1985, the government of Bolivia has implemented a far-reaching program of macroeconomic stabilization and structural reform aimed at maintaining price stability, creating conditions for sustained growth, and alleviating scarcity. A major reform of the customs service in recent years has significantly improved transparency in this area. Parallel legislative reforms have locked into place market-liberal policies, especially in the hydrocarbon and telecommunication sectors, that have encouraged private investment. Foreign investors are accorded national treatment, and foreign ownership of companies enjoys virtually no restrictions in Bolivia.

Bolivia has the second largest natural gas reserves in South America. The government has a long-term sales-agreement to sell natural gas to Brazil through 2019. The government held a binding referendum in 2005 on the Hydrocarbon Law.

The US Geological Service estimates that Bolivia has 5.4 million cubic tonnes of lithium which represents 50%–70% of world reserves. The light metal is used to make high-capacity batteries used in electric cars and such. The spinoff effect of lithium mining could cause Bolivia to become the "Saudi Arabia of the Green World." However, to mine for it would involve disturbing the country's salt flats (called Salar de Uyuni), an important natural feature which boosts tourism in the region. The government does not want to destroy this unique natural landscape, to meet the rising world demand for lithium.

In April 2000, Hugo Banzer, the former President of Bolivia, signed a contract with Aguas del Tunari, a private consortium, to operate and improve the water supply in Bolivia's fourth-largest city, Cochabamba. Shortly thereafter, the company tripled the water rates in that city, an action which resulted in protests and rioting among those who could no longer afford clean water. Amidst Bolivia's nationwide economic collapse and growing national unrest over the state of the economy, the Bolivian government was forced to withdraw the water contract.

Bolivian commercial exports were $1.3 billion in 2002, from a low of $652 million in 1991. Imports were $1.7 billion in 2002. Bolivian tariffs are a uniformly low 10%, with capital equipment charged only 5%. Bolivia's trade-deficit was $460 million in 2002.

Bolivia's trade with neighboring countries is growing, in part because of several regional preferential trade agreements it has negotiated. Bolivia is a member of the Andean Community of Nations and enjoys nominally free trade with other member countries.

The United States remains Bolivia's largest trading partner (excepting natural resources, such as natural gas). In 2002, the United States exported $283 million of merchandise to Bolivia and imported $162 million.

Agriculture accounts for roughly 15% of Bolivia's GDP. Soybeans are the major cash crop, sold into the Andean Community market.

Bolivia's government remains heavily dependent on foreign assistance to finance development projects. At the end of 2002, the government owed $4.5 billion to its foreign creditors, with $1.6 billion of this amount owed to other governments and most of the balance owed to multilateral development banks. Most payments to other governments have been rescheduled on several occasions since 1987 through the Paris Club mechanism. External creditors have been willing to do this because the Bolivian government has generally achieved the monetary and fiscal targets set by IMF programs since 1987, though economic crises in recent years have undercut Bolivia's normally good record.

The rescheduling of agreements granted by the Paris Club has allowed the individual creditor countries to apply very soft terms to the rescheduled debt. As a result, some countries have forgiven substantial amounts of Bolivia's bilateral debt. The U.S. government reached an agreement at the Paris Club meeting in December 1995 that reduced by 67% Bolivia's existing debt stock. The Bolivian government continues to pay its debts to the multilateral development banks on time. Bolivia is a beneficiary of the Heavily Indebted Poor Countries (HIPC) and Enhanced HIPC debt relief programs, which by agreement restricts Bolivia's access to new soft loans.

The income from tourism becomes more important. Bolivia's tourist industry has grown gradually since about 1990.

Bosnia & Herzegovina

EUROPE

Perched in the highlands of southeast Europe, Bosnia and Herzegovina was the focus of the bitter ethnic conflict which accompanied the early 1990s dissolution of the Yugoslav state.

OFFICIAL NAME: Bosnia and Herzegovina
DATE OF FORMATION: 1992
CAPITAL: Sarajevo
POPULATION: 3.84 million
TOTAL AREA: 19,741 sq. miles (51,129 sq. km)
DENSITY: 191 people per sq. mile
LANGUAGES: Bosnian*, Serbian*, Croatian*
RELIGIONS: Muslim 40%, Orthodox Christian 31%, Catholic 15%, other 14%
ETHNIC MIX: Bosniak 44%, Serb 31%, Croat 17%, other 8%
GOVERNMENT: Parliamentary system
CURRENCY: Marka = 100 pfeninga

Geography

Bosnia is located in the western Balkans, bordering Croatia (932 km/579 mi) to the north and south-west, Serbia (302 km/188 mi) to the east, and Montenegro (225 km/140 mi) to the southeast. It lies between latitudes 42° and 46° N, and longitudes 15° and 20° E.

The country's name comes from the two regions Bosnia and Herzegovina, which have a very vaguely defined border between them. Bosnia occupies the northern areas which are roughly four fifths of the entire country, while Herzegovina occupies the rest in the south part of the country.

The country is mostly mountainous, encompassing the central Dinaric Alps. The northeastern parts reach into the Pannonian basin, while in the south it borders the Adriatic. Dinaric Alps generally run in east-west direction, and get higher towards the south. The highest point of the country is peak Maglić at 2,386 m, at the Montenegrin border. Major mountains include Kozara, Grmeč, Vlašić, Čvrsnica, Prenj, Romanija, Jahorina, Bjelašnica and Treskavica.

Overall, close to 50% of Bosnia and Herzegovina is forested. Most forest areas are in Central, Eastern and Western parts of Bosnia. Herzegovina has drier Mediterranean climate, with dominant karst topography. Northern Bosnia (Posavina) contains very fertile agricultural land along the river Sava and the corresponding area is heavily farmed. This farmland is a part of the Parapannonian Plain stretching into neighboring Croatia and Serbia. The country has only 20 kilometers (12 mi) of coastline, around the town of Neum in the Herzegovina-Neretva Canton. Although the city is surrounded by Croatian peninsulas, by the international law, Bosnia has a right of passage to the outer sea.

The major cities are the capital Sarajevo, Banja Luka in the northwest region known as Bosanska Krajina, Bijeljina and Tuzla in the northeast, Zenica and Doboj in the central part of Bosnia and Mostar, the capital of Herzegovina.

Phytogeographically, Bosnia and Herzegovina belongs to the Boreal Kingdom and is shared between the Illyrian province of the Circumboreal Region and Adriatic province of the Mediterranean Region. According to the WWF, the territory of Bosnia and Herzegovina can be subdivided into three ecoregions: the Pannonian mixed forests, Dinaric Mountains mixed forests and Illyrian deciduous forests.

Climate

Continental. Hot summers and cold, often snowy winters.

People & Society

Despite sharing the same origin and spoken language, Bosnians have been divided by history between Orthodox Serbs, Catholic Croats, and Muslim Bosniaks. Ethnic cleansing was practiced by all sides in the civil war, displacing about 60% of the population. Hopes for EU integration will require further ethnic reconciliation.

Large population migrations during the Yugoslav wars in the 1990s have caused demographic shifts in the country. No census has been taken since 1991/96, and political disagreements have made it impossible to organize one. Nevertheless, a census has been planned for 2011. As almost all of the post-war data is simply an estimate, a census would be a statistical, inclusive, and objective way to analyze the demographics of Bosnia and Herzegovina. Most sources, however, estimate the population to be about four million, representing a decrease of 500,000 since 1991.

Economy

Bosnia faces the dual problem of rebuilding a war-torn country and introducing market reforms to its formerly centrally planned economy. One legacy of the previous era is a greatly overstaffed military industry; under former leader Josip Broz Tito, military industries were promoted in the republic, resulting in the development of a large share of Yugoslavia's defense plants but fewer commercially-viable firms.

For the most of Bosnia's history, agriculture has been based on small and inefficient privately owned farms; food has traditionally been a net import for the republic.

The war in the 1990s caused a dramatic change in the Bosnian economy. GDP fell by 75% and the destruction of physical infrastructure devastated the economy. While much of the production capacity has been restored, the Bosnian economy still faces considerable difficulties. Figures show GDP and per capita income increased 10% from 2003 to 2004; this and Bosnia's shrinking national debt being positive trends, but high unemployment and a large trade deficit remain cause for concern.

The national currency is the (Euro-pegged) Convertible Mark (KM), controlled by the currency board. Annual inflation is the lowest relative to other countries in the region at 1.9% in 2004. The international debt was $3.1 billion (2005 est) – the smallest amount of debt owed of all the former Yugoslav republics. Real GDP growth rate was 5% for 2004 according to the Bosnian Central Bank of BiH and Statistical Office of Bosnia and Herzegovina.

Bosnia and Herzegovina has one of the highest income equality rankings in the world, ranking eighth out of 193 nations.

According to Eurostat data, Bosnia and Hercegovina's PPS GDP per capita stood at 30 per cent of the EU average in 2008.

According to an estimation of the World Tourism Organization, Bosnia and Herzegovina will have the third highest tourism growth rate in the world between 1995 and 2020.

Lonely Planet, in ranking the best cities in the world, ranked Sarajevo, the national capital and host of the 1984 Winter Olympic Games, as #43, ahead of Dubrovnik at #59, Ljubljana at #84, Bled at #90, Belgrade at #113, and Zagreb at #135. Tourism in Sarajevo is chiefly focused on historical, religious, and cultural aspects. Bosnia has also become an increasingly popular skiing and Ecotourism destination.

More recently Sarajevo was nominated one of Top 10 cities to visit in 2010 in the 2010 edition of Lonely Planet's BEST IN TRAVEL.

Bosnia and Herzegovina is one of the last undiscovered regions of the southern area of the Alps, with vast tracks of wild and untouched nature attracting adventurers and nature lovers. The central Dinaric Alps are favored by hikers & walkers, containing both Mediterreanean & Alpine climates. Whitewater rafting is something akin to a national pastime, with 3 rivers including the deepest river canyon in Europe, Tara River.

Botswana

AFRICA

Landlocked in the heart of southern Africa, Botswana boasts the world's largest inland river delta. Diamonds provide potential wealth, but the country is crippled by HIV/AIDS.

OFFICIAL NAME: Republic of Botswana
DATE OF FORMATION: 1966
CAPITAL: Gaborone
POPULATION: 2.02 million
TOTAL AREA: 231,803 sq. miles (600,370 sq. km)
DENSITY: 9 people per sq. mile
LANGUAGES: Setswana, English*, Shona, San, Khoikhoi, isiNdebele
RELIGIONS: Traditional beliefs 50%, Christian (mainly Protestant) 30%, other (including Muslim) 20%
ETHNIC MIX: Tswana 98%, other 2%
GOVERNMENT: Presidential system
CURRENCY: Pula = 100 thebe

Geography

At 600,370 km^2 (231,804 sq mi) Botswana is the world's 47th-largest country (after Ukraine). It is comparable in size to Madagascar, and is slightly smaller than the U.S. state of Texas or the Canadian province of Manitoba. It lies between latitudes 17° and 27°S, and longitudes 20° and 30°E.

The country is predominantly flat, tending toward gently rolling tableland. Botswana is dominated by the Kalahari Desert, which covers up to 70% of its land surface. The Okavango Delta, the world's largest inland delta, is in the northwest. The Makgadikgadi Pan, a large salt pan, lies in the north.

The Limpopo River Basin, the major landform of all of southern Africa, lies partly in Botswana, in the southeast of the country. The Chobe River lies to the north, providing a boundary between Botswana and Namibia (Caprivi Region). The Chobe River meets with the Zambezi River at a place called Kazungula (meaning a small sausage tree, a point where Sebitwane and his Makololo tribe crossed the Zambezi into Zambia).

Botswana has diverse areas of wildlife habitat. In addition to the delta and desert areas, there are grasslands and savannas, where Blue Wildebeest, antelopes, and other mammals and birds are found. Northern Botswana has one of the few remaining large populations of the endangered African Wild Dog. Chobe National Park, found in the Chobe District, has the world's largest concentration of African elephants. The park covers about 11,000 km^2 (4,247 sq mi) and supports about 350 species of birds.

The Chobe National Park and Moremi Game Reserve (in the Okavango Delta) are major tourist destinations. Other reserves include the Central Kalahari Game Reserve located in the Kalahari desert in Ghanzi District; Makgadikgadi Pans National Park and Nxai Pan National Park are in Central District in the Makgadikgadi Pan. Mashatu Game Reserve is privately owned: located where the Shashe River and Limpopo River meet in eastern Botswana. The other privately owned reserve is Mokolodi Nature Reserve near Gaborone. There are also specialised sanctuaries like the Khama Rhino Sanctuary (for Rhinoceros) and Makgadikgadi Sanctuary (for Flamingos). They are both located in Central District.

Climate

Dry and prone to drought. Summer wet season, April–October. Winters are warm, with cold nights.

People & Society

The nomadic San bushmen, the first inhabitants, are marginalized. One in four adults are living with HIV/AIDS: only Swaziland is worse affected. Life expectancy is around 50 years. Diamond revenue has widened wealth inequalities.

Botswana's main ethnic groups are Batswana, BaKalanga, Bushmen or AbaThwa also known as Basarwa. Other tribes are Bayei, Bambukushu, Basubia, Baherero and Bakgalagadi. Other groups of ethnicities in Botswana include whites and Indians, both groups being roughly equally small in number. Botswana's Indian population is made up of many Indian-Africans of several generations, from Mozambique, Kenya, Tanzania, Mauritius, South Africa, and so on, as well as first generation Indian immigrants. The white population is native to Botswana or from other parts of Africa including Zimbabwe and South Africa. The white population speaks either English or Afrikaans and makes up roughly 3% of the population.

Since 2000, because of deteriorating economic conditions in Zimbabwe, the number of Zimbabweans in Botswana has risen into the tens of thousands.

Fewer than 10,000 Bushmen are still living the traditional hunter-gatherer style of life. Since the mid-1990s the central government of Botswana has been trying to move San out of their lands. The UN's top official on indigenous rights, Prof. James Anaya, has condemned Botswana's persecution of the Bushmen in a report released in February 2010.

Economy

Since independence, Botswana has had one of the fastest growth rates in per capita income in the world. Botswana has transformed itself from one of the poorest countries in the world to a middle-income country. By one estimate, it has the fourth highest gross national income at purchasing power parity in Africa, giving it a standard of living around that of Mexico and Turkey.

According to the International Monetary Fund, economic growth averaged over 9% per year from 1966 to 1999. Botswana has a high level of economic freedom compared to other African countries. The government has maintained a sound fiscal policy, despite consecutive budget deficits in 2002 and 2003, and a negligible level of foreign debt. It earned the highest sovereign credit rating in Africa and has stockpiled foreign exchange reserves (over $7 billion in 2005/2006) amounting to almost two and a half years of current imports.

Debswana, the largest diamond mining company operating in Botswana, is 50% owned by the government. Mineral industry provides about 40% of all government revenues. In 2007, significant quantities of uranium were discovered, and mining is projected to begin by 2010. Several international mining corporations have established regional headquarters in Botswana, and prospected for diamonds, gold, uranium, copper, and even oil, many coming back with positive results. Government announced in early 2009, that they would try and shift their economic dependence on diamonds, over serious concern that diamonds are predicted to dry out in Botswana over the next twenty years.

An array of financial institutions populates the country's financial system, with pension funds and commercial banks being the two most important segments by asset size. Banks remain profitable, well-capitalized, and liquid, as a result of growing national resources and high interest rates.

Botswana's competitive banking system is one of Africa's most advanced. Generally adhering to global standards in the transparency of financial policies and banking supervision, the financial sector provides ample access to credit for entrepreneurs. The opening of Capital Bank in 2008 brought the total number of licensed banks to eight. The government is involved in banking through state-owned financial institutions and a special financial incentives program that is aimed at increasing Botswana's status as a financial centre. Credit is allocated on market terms, although the government provides subsidized loans. Reform of non-bank financial institutions has continued in recent years, notably through the establishment of a single financial regulatory agency that provides more effective supervision. The government has abolished exchange controls, and with the resulting creation of new portfolio investment options, the Botswana Stock Exchange is growing.

The constitution prohibits the nationalization of private property and provides for an independent judiciary, and the government respects this in practice. The legal system is sufficient to conduct secure commercial dealings, although a serious and growing backlog of cases prevents timely trials. The protection of intellectual property rights has improved significantly. Botswana is ranked second only to South Africa among sub-Saharan Africa countries in the 2009 International Property Rights Index.

While generally open to foreign participation in its economy, Botswana reserves a number of sectors for citizen participation. Increased foreign investment plays a significant role in the privatization of state-owned enterprises. Investment regulations are transparent, and bureaucratic procedures are streamlined and open, although somewhat slow. Investment returns such as profits and dividends, debt service, capital gains, returns on intellectual property, royalties, franchise's fees, and service fees can be repatriated without limits.

Brazil

SOUTH AMERICA

Covering almost half of South America, Brazil is the site of the world's largest and ecologically most important rainforest. The country has immense natural and economic resources.

OFFICIAL NAME: Federative Rep. of Brazil
DATE OF FORMATION: 1822
CAPITAL: Brasília
POPULATION: 192 million
TOTAL AREA: 3,286,470 sq. miles (8,511,965 sq. km)
DENSITY: 59 people per sq. mile
LANGUAGES: Portuguese*, German, Italian, Spanish, Polish, Japanese, other
RELIGIONS: Roman Catholic 74%, Protestant 15%, atheist 7%, other 4%
ETHNIC MIX: White 54%, Mixed race 38%, Black 6%, other 2%
GOVERNMENT: Presidential system
CURRENCY: Real = 100 centavos

Geography

Brazil occupies a large area along the eastern coast of South America and includes much of the continent's interior, sharing land borders with Uruguay to the south; Argentina and Paraguay to the southwest; Bolivia and Peru to the west; Colombia to the northwest; and Venezuela, Suriname, Guyana and the French overseas department of French Guiana to the north. It shares a border with every country in South America except for Ecuador and Chile. It also encompasses a number of oceanic archipelagos, such as Fernando de Noronha, Rocas Atoll, Saint Peter and Paul Rocks, and Trindade and Martim Vaz. Its size, relief, climate, and natural resources make Brazil geographically diverse. Including its Atlantic islands, Brazil lies between latitudes 6°N and 34°S, and longitudes 28° and 74°W.

Brazil is the fifth largest country in the world, after Russia, Canada, China and the United States, and third largest in the Americas; with a total area of 8,514,876.599 km^2 (3,287,612 sq mi), including 55,455 km^2 (21,411 sq mi) of water. It spans three time zones; from UTC-4 in the western states, to UTC-3 in the eastern states (and the official time of Brazil) and UTC-2 in the Atlantic islands.

Brazilian topography is also diverse and includes hills, mountains, plains, highlands, and scrublands. Much of the terrain lies between 200 metres (660 ft) and 800 metres (2,600 ft) in elevation. The main upland area occupies most of the southern half of the country. The northwestern parts of the plateau consist of broad, rolling terrain broken by low, rounded hills.

The southeastern section is more rugged, with a complex mass of ridges and mountain ranges reaching elevations of up to 1,200 metres (3,900 ft). These ranges include the Mantiqueira and Espinhaço mountains and the Serra do Mar. In the north, the Guiana Highlands form a major drainage divide, separating rivers that flow south into the Amazon Basin from rivers that empty into the Orinoco River system, in Venezuela, to the north. The highest point in Brazil is the Pico da Neblina at 2,994 metres (9,823 ft), and the lowest is the Atlantic Ocean.

Brazil has a dense and complex system of rivers, one of the world's most extensive, with eight major drainage basins, all of which drain into the Atlantic. Major rivers include the Amazon (the world's second-longest river and the largest in terms of volume of water), the Paraná and its major tributary the Iguaçu (which includes the Iguazu Falls), the Negro, São Francisco, Xingu, Madeira and Tapajós rivers.

Climate

The climate of Brazil comprises a wide range of weather conditions across a large area and varied topography, but most of the country is tropical. According to the Köppen system, Brazil hosts five major climatic subtypes: equatorial, tropical, semiarid, highland tropical, temperate, and subtropical. The different climatic conditions produce environments ranging from equatorial rainforests in the north and semiarid deserts in the northeast, to temperate coniferous forests in the south and tropical savannas in central Brazil. Many regions have starkly different microclimates.

An equatorial climate characterizes much of northern Brazil. There is no real dry season, but there are some variations in the period of the year when most rain falls. Temperatures average 25 °C (77 °F), with more significant temperature variation between night and day than between seasons.

Over central Brazil rainfall is more seasonal, characteristic of a savanna climate. This region is as extensive as the Amazon basin but has a very different climate as it lies farther south at a higher altitude. In the interior northeast, seasonal rainfall is even more extreme. The semiarid climatic region generally receives less than 800 millimetres (31.5 in) of rain, most of which generally falls in a period of three to five months of the year and occasionally less than this, creating long periods of drought. Brazil's 1877–78 Grande Seca (Great Drought), the most severe ever recorded in Brazil, caused approximately half a million deaths. The one from 1915 was devastating too.

South of Bahia, near São Paulo, the distribution of rainfall changes, with rain falling throughout the year . The south enjoys temperate conditions, with cool winters and average annual temperatures not exceeding 18 °C (64.4 °F); winter frosts are quite common, with occasional snowfall in the higher areas

People & Society

Diverse population includes Amerindians, black people of African descent, European immigrants, and those of mixed race. Amerindians suffer prejudice from most other groups. Shanty towns in the cities attract poor migrants from the northeast. Urban crime, violent land disputes, and unchecked development in Amazonia tarnish Brazil's image as a modern nation. Catholicism and the family unit remain strong.

Most Brazilians, about from 85% to 95%, descend from the country's indigenous peoples, Portuguese settlers (Portuguese Brazilian community includes most of White, Multiracial and Black Brazilians, about 95% of the country's population or more), and African slaves. Since the arrival of the Portuguese in 1500, considerable intermarriage between these three groups has taken place. The brown population (as multiracial Brazilians are officially called; pardo in Portuguese, also colloquially moreno, or swarthy) is a broad category that includes Caboclos (descendants of Whites and Indians), Mulattoes (descendants of Whites and Blacks) and Cafuzos (descendants of Blacks and Indians). Caboclos form the majority of the population in the Northern, Northeastern and Central-Western regions. A large Mulatto population can be found in the eastern coast of the northeastern region from Bahia to Paraíba and also in northern Maranhão, southern Minas Gerais and in eastern Rio de Janeiro. From the 19th century, Brazil opened its borders to immigration. About five million people from over 60 countries migrated to Brazil between 1808 and 1972, most of them from Portugal, Italy, Spain, Germany, Japan and the Middle-East.

In 2008, the illiteracy rate was 11.48% and among the youth (ages 15–19) 1.74%. It was highest (20.30%) in the Northeast, which had a large proportion of rural poor. Illiteracy was high (24.18%) among the rural population and lower (9.05%) among the urban population.

Economy

Brazil is the largest national economy in Latin America, the world's seventh largest economy at market exchange rates and the eighth largest in purchasing power parity (PPP), according to the International Monetary Fund and the World Bank. Brazil has a mixed economy with abundant natural resources. The Brazilian economy has been predicted to become one of the five largest in the world in the decades to come, the GDP per capita following and growing. Its current GDP (PPP) per capita is $10,200, putting Brazil in the 64th position according to World Bank data. It has large and developed agricultural, mining, manufacturing and service sectors, as well as a large labor pool.

Brazilian exports are booming, creating a new generation of tycoons. Major export products include aircraft, electrical equipment, automobiles, ethanol, textiles, footwear, iron ore, steel, coffee, orange juice, soybeans and corned beef. The country has been expanding its presence in international financial and commodities markets, and is one of a group of four emerging economies called the BRIC countries.

Brazil pegged its currency, the real, to the U.S. dollar in 1994. However, after the East Asian financial crisis, the Russian default in 1998 and the series of adverse financial events that followed it, the Central Bank of Brazil temporarily changed its monetary policy to a managed-float scheme while undergoing a currency crisis, until definitively changing the exchange regime to free-float in January 1999.

Brazil received an International Monetary Fund rescue package in mid-2002 of $30.4 billion, then a record sum. Brazil's central bank paid back the IMF loan in 2005, although it was not due to be repaid until 2006. One of the issues the Central Bank of Brazil recently dealt with was an excess of speculative short-term capital inflows to the country, which may have contributed to a fall in the value of the U.S. dollar against the real during that period. Nonetheless, foreign direct investment (FDI), related to long-term, less speculative investment in production, is estimated to be $193.8 billion for 2007. Inflation monitoring and control currently plays a major part in the Central bank's role of setting out short-term interest rates as a monetary policy measure.

Between 1993 and 2010, 7'012 mergers & acquisitions with a total known value of $707 billion with the involvement of Brazlian firms have been announced. The year 2010 was a new record in terms of value with 115 bil. USD of transactions. The largest transaction with involvement of Brazilian companies has been: Cia Vale do Rio Doce acquired Inco in a tender offer valued at $18.9 billion USD.

Brunei

ASIA

Lying on the northern coast of the island of Borneo, Brunei is surrounded and divided in two by the Malaysian state of Sarawak. It has been independent since 1984.

OFFICIAL NAME: Sultanate of Brunei
DATE OF FORMATION: 1984
CAPITAL: Bandar Seri Begawan
POPULATION: 401,890
TOTAL AREA: 2228 sq. miles (5770 sq. km)
DENSITY: 196 people per sq. mile
LANGUAGES: Malay*, English, Chinese
RELIGIONS: Muslim (mainly Sunni) 66%, Buddhist 14%, other 10%, Christian 10%
ETHNIC MIX: Malay 67%, Chinese 16%, other 11%, indigenous 6%
GOVERNMENT: Monarchy
CURRENCY: Brunei dollar = 100 cents

Geography

Brunei is a southeast Asian country consisting of two unconnected parts with the total area of 5,765 square kilometres (2,226 sq mi). It has 161 kilometres (100 mi) of coastline next to the South China sea, and it shares a 381 km (237 mi) border with Malaysia. It has 500 square kilometres (193 sq mi) of territorial waters, and an 200 nm exclusive economic zone.

77% of the population lives in the eastern part of Brunei, while only about 10,000 live in the mountainous south eastern part (the district of Temburong). The total population of Brunei Darussalam is approximately 408,000 (July 2010) of which around 150,000 live in the capital Bandar Seri Begawan. Other major towns are the port town of Muara, the oil producing town of Seria and its neighboring town, Kuala Belait. In the Belait district, the Panaga area is home to large numbers of expatriates due to Royal Dutch Shell and British Army housing and recreational facilities.

Most of Brunei is within the Borneo lowland rain forests ecoregion that covers most of the island but there are areas of mountain rain forests inland.

Climate

The climate of Brunei is tropical equatorial. The average annual temperature is 26.1 °C (79.0 °F), with the April–May average of 24.7 °C (76.5 °F) and the October–December average of 23.8 °C (74.8 °F).

People & Society

Malays benefit from positive discrimination. Many in the Chinese community are stateless. Since a failed rebellion in 1962, Brunei has been ruled by decree of the sultan. In 1990, "Malay Muslim Monarchy" was introduced, promoting Islamic values as state ideology. Women, less restricted than in some Muslim states, usually wear headscarves but not the veil.

The official language of Brunei is Melayu Brunei (Brunei Malay), the official standardized form of the Malay language used in Brunei. Brunei Malay is quite divergent from standard Malay and the rest of the Malay dialects and is mostly mutually unintelligible. English and Chinese are also spoken. Bahasa Rojak, often spoken by the media and the public, is known as a "mixed language" and considered detrimental to normal Malay. Other languages spoken include Kedayan, Tutong, Murut, Dusun and Iban. English is also widely spoken and there is a relatively large expatriate community with significant numbers of British and Australian citizens.

Islam is the official religion of Brunei, and the sultan is the head of the religion in the country. Two-thirds of the population adheres to Islam. Other faiths practiced are Buddhism (13 percent, mainly by the Chinese) and Christianity (10 percent). Freethinkers, mostly Chinese, form about seven percent of the population. Although most of them practice some form of religion with elements of Buddhism, Confucianism and Taoism, they prefer to present themselves as having professed no religion officially, hence regarded as atheists in official censuses. Followers of indigenous religions are about two percent of the population.

Economy

This small, wealthy economy is a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for nearly half of its GDP. Substantial income from overseas investment supplements income from domestic production. The government provides for all medical services and subsidizes rice and housing. The national airline, Royal Brunei, is trying to make Brunei a hub for international travel between Europe and Australia/New Zealand, and also has services to major Asian destinations. Brunei is increasingly importing from other countries.

Brunei's leaders are very concerned that steadily increased integration in the world economy will undermine internal social cohesion although it became a more prominent player by serving as chairman for the 2000 Asia-Pacific Economic Cooperation (APEC) forum. Stated plans for the future include upgrading the labour force, reducing unemployment, strengthening the banking and tourism sectors, and, in general, further widening the economic base.

To achieve its target for food self-sufficiency, Brunei renamed its Brunei Darussalam Rice 1 to Laila Rice during the launch of the "Padi Planting Towards Achieving Self-Sufficiency of Rice Production in Brunei Darussalam" ceremony at the Wasan padi fields in April 2009. In August 2009, the Royal Family reaped the first few Laila padi stalks, after years of multiple attempts to boost local rice production, a goal which was envisioned about half a century ago. In July 2009 Brunei launched its national halal branding scheme, Brunei Halal, with an aim to export to foreign markets.

Bulgaria

EUROPE

Located in southeastern Europe, Bulgaria was under communist rule from 1947 to 1989. Political and economic reform since then enabled it to join the EU in 2007.

OFFICIAL NAME: Republic of Bulgaria
DATE OF FORMATION: 1908
CAPITAL: Sofia
POPULATION: 7.36 million
TOTAL AREA: 42,822 sq. miles (110,910 sq. km)
DENSITY: 177 people per sq. mile
LANGUAGES: Bulgarian*, Turkish, Romanie
RELIGIONS: Orthodox Christian 83%, Muslim 12%, other 4%, Catholic 1%
ETHNIC MIX: Bulgarian 84%, Turkish 9%, Roma 5%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Lev = 100 stotinki

Geography

Bulgaria lies between latitudes 41° and 45° N, and longitudes 22° and 29° E.

Geographically and in terms of climate, Bulgaria features notable diversity, with the landscape ranging from the Alpine snow-capped peaks in Rila, Pirin and the Balkan Mountains to the mild and sunny Black Sea coast; from the typically continental Danubian Plain (ancient Moesia) in the north to the strong Mediterranean climatic influence in the valleys of Macedonia and in the lowlands in the southernmost parts of Thrace.

About 30% of the land is made up of plains, while plateaus and hills account for 41%. The mountainous southwest of the country has two alpine ranges — Rila (where mount Musala, at 2,925 meters (9,596 ft), is located) and Pirin, and further east stand the lower but more extensive Rhodope Mountains. The Balkan mountain chain runs west-east through the middle of the country, north of the Rose Valley. Hilly countryside and plains lie to the southeast, along the Black Sea coast, and along Bulgaria's main river, the Danube, to the north.

Bulgaria has large deposits of bauxite, copper, lead, zinc, bismuth and manganese. Smaller deposits exist of iron, gold, silver, uranium, chromite, nickel, and others. Bulgaria has abundant non-metalliferous minerals such as rock-salt, gypsum, kaolin and marble.

The country has a dense network of about 540 rivers, most of them—with the notable exception of the Danube—short and with low water-levels. Most rivers flow through mountainous areas. The longest river located solely in Bulgarian territory, the Iskar, has a length of 368 kilometers (229 mi). Other major rivers include the Struma and the Maritsa in the south.

Climate

Bulgaria overall has a temperate climate, with cold winters and hot summers. The barrier effect of the Balkan Mountains has some influence on climate throughout the country – northern Bulgaria experiences lower temperatures and receives more rain than the southern lowlands.

Precipitation averages about 630 millimeters (24.8 in) per year. In the lowlands rainfall varies between 500 and 800 millimeters (19.7 and 31.5 in), and in the mountain areas between 1,000 and 2,500 millimeters (39.4 and 98.4 in) of rain falls per year. Drier areas include Dobrudja and the northern coastal strip, while the higher parts of the Rila, Pirin, Rhodope Mountains, Stara Planina, Osogovska Mountain and Vitosha receive the highest levels of precipitation.

People & Society

The communists tried forcibly to suppress cultural identities, leading to a large exodus of Bulgarian Turks in 1989. Later privatization programs left many Turks landless, prompting further emigration. Roma suffer discrimination at all levels of society. Women have equal rights in theory, but society remains patriarchal. EU accession included caveats demanding further action against organized crime, human trafficking, and corruption.

Traditional Bulgarian culture contains mainly Thracian, Slavic and Bulgar heritage, along with Greek, Roman, Ottoman and Celtic influences. Thracian artifacts include numerous tombs and golden treasures. The country's territory includes parts of the Roman provinces of Moesia, Thrace and Macedonia, and many of the archaeological discoveries date back to Roman times, while ancient Bulgars have also left traces of their heritage in music and in early architecture. Both the First and the Second Bulgarian empires functioned as the hub of Slavic culture during much of the Middle Ages, exerting considerable literary and cultural influence over the Eastern Orthodox Slavic world by means of the Preslav and Ohrid Literary Schools. The Cyrillic alphabet, used as a writing system to many languages in Eastern Europe and Asia, originated in the former around the 9th century AD.

Economy

Bulgaria has an industrialized, open free-market economy, with a large, moderately advanced private sector and a number of strategic state-owned enterprises. The World Bank classifies it as an "upper-middle-income economy". Bulgaria has experienced rapid economic growth in recent years, even though its income level remains one of the lowest within the EU. According to Eurostat data, Bulgarian PPS GDP per capita stood at 44% of the EU average in 2010, while at the same time the cost of living in the country was 51% of the EU average. The Bulgarian lev is the country's national currency. The lev is pegged to the euro at a rate of 1.95583 levs for 1 euro.

In 2010, GDP (PPP) was estimated at $96.778 billion, with a per capita value of $12,851. The services sector accounts for 63.7% of the GDP, followed by the industry with 30.3% and agriculture with 6.0%. Major industries include iron, copper, and coal extraction, electronics, chemicals, machinery, steel and refined petroleum fuel production, automobiles and vehicle components, firearms and construction materials. The total labor force amounts to 2.5 million people.

Amidst the Financial crisis of 2007–2010, unemployment rates increased to 9.1% in 2009, while GDP growth contracted from 6.3% (2008) to −4.9% (2009). The crisis had a negative impact mostly on industry, with a 10% decline in the national industrial production index, a 31% drop in mining, and a 60% drop in "ferrous and metal production". Positive growth was restored to 0.3% in 2010. Corruption in the public administration and a weak judiciary have also hampered Bulgaria's economic development. Bulgaria is ranked 51st in the Ease of Doing Business rank list, higher than most other Eastern European states, and is ranked 28th in the Economic Freedom of the World index. In addition, it has the lowest personal and corporate income tax rates in the EU, as well as the second lowest public debt of all European Union member states at 16.2% of GDP in 2010.

Although it has relatively few reserves of fossil fuels, Bulgaria's well-developed energy sector and strategic geographical location make it a key European energy hub. A single nuclear power station with two active 1,000 MW reactors satisfies 34% of the country's energy needs, and another nuclear power station with a projected capacity of 2,000 MW is under construction. Recent years have seen a rapid increase in electricity production from renewable energy sources such as wind and solar power, making Bulgaria one of the fastest-growing wind energy producers in the world. The industry is concentrated around textiles, metallurgy, fuel and food processing, production of various chemicals, machine building and mining. In Europe, the country ranks as the 3rd-largest copper producer, 6th-largest zinc producer, and 9th-largest coal producer, and is the 9th-largest bismuth producer in the world.

In contrast with the industrial sector, agriculture has marked a decline since the beginning of the 2000s, with production in 2008 amounting to only 66% of that between 1999 and 2001. Overall, the agricultural sector has dwindled since 1990, with cereal and vegetable yields dropping nearly 40% by 1999. A five-year modernization and development program was launched by the government in 2007, aimed at strengthening the sector by investing a total of 3.2 billion euro. Specialized equipment amounts to some 25,000 tractors and 5,500 combine harvesters, with a fleet of light aircraft. Bulgaria remains a major European producer of agricultural commodities such as tobacco (3rd) and raspberries (12th).

Burkina

AFRICA

The west African state of Burkina was known as Upper Volta until 1984. It became a multiparty state in 1991, though former military ruler Blaise Compaoré remains in power.

OFFICIAL NAME: Burkina Faso
DATE OF FORMATION: 1960
CAPITAL: Ouagadougou
POPULATION: 15.7 million
TOTAL AREA: 105,869 sq. miles (274,200 sq. km)
DENSITY: 149 people per sq. mile
LANGUAGES: Mossi, Fulani, French*, Tuareg, Dyula, Songhai
RELIGIONS: Muslim 55%, Traditional beliefs 35%, Roman Catholic 9%, other Christian 1%
ETHNIC MIX: Other 52%, Mossi 48%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Burkina Faso lies mostly between latitudes 9° and 15°N (a small area is north of 15°), and longitudes 6°W and 3°E.

It is made up of two major types of countryside. The larger part of the country is covered by a peneplain, which forms a gently undulating landscape with, in some areas, a few isolated hills, the last vestiges of a Precambrian massif. The southwest of the country, on the other hand, forms a sandstone massif, where the highest peak, Ténakourou, is found at an elevation of 749 meters (2,457 ft). The massif is bordered by sheer cliffs up to 150 meters (492 ft) high. The average altitude of Burkina Faso is 400 meters (1,312 ft) and the difference between the highest and lowest terrain is no greater than 600 meters (1,969 ft). Burkina Faso is therefore a relatively flat country.

The country owes its former name of Upper Volta to three rivers which cross it: the Black Volta (or Mouhoun), the White Volta (Nakambé) and the Red Volta (Nazinon). The Black Volta is one of the country's only two rivers which flow year-round, the other being the Komoé, which flows to the southwest. The basin of the Niger River also drains 27% of the country's surface.

The Niger's tributaries – the Béli, the Gorouol, the Goudébo and the Dargol – are seasonal streams and flow for only four to six months a year. They still, however, can cause large floods. The country also contains numerous lakes – the principal ones are Tingrela, Bam and Dem. The country contains large ponds, as well, such as Oursi, Béli, Yomboli and Markoye. Water shortages are often a problem, especially in the north of the country.

Burkina Faso's natural resources include manganese, limestone, marble, phosphates, pumice, salt and small deposits of gold.

Burkina Faso's fauna and flora are protected in two national parks and several reserves: see List of national parks in Africa, Nature reserves of Burkina Faso.

Climate

Burkina Faso has a primarily tropical climate with two very distinct seasons. In the rainy season, the country receives between 600 and 900 millimeters (23.6 and 35.4 in) of rainfall; in the dry season, the harmattan – a hot dry wind from the Sahara – blows. The rainy season lasts approximately four months, May/June to September, and is shorter in the north of the country. Three climatic zones can be defined: the Sahel, the Sudan-Sahel, and the Sudan-Guinea. The Sahel in the north typically receives less than 600 millimeters (23.6 in) of rainfall per year and has high temperatures, 5–47 degrees Celsius (41–116.6 °F).

A relatively dry tropical savanna, the Sahel extends beyond the borders of Burkina Faso, from the Horn of Africa to the Atlantic Ocean, and borders the Sahara to its north and the fertile region of the Sudan to the South. Situated between 11°3' and 13°5' north latitude, the Sudan-Sahel region is a transitional zone with regards to rainfall and temperature. Further to the south, the Sudan-Guinea zone receives more than 900 millimeters (35.4 in) of rain each year and has cooler average temperatures.

People & Society

No single ethnic group is dominant, but the Mossi, from around Ouagadougou, have always played an important part in government. The people from the west are much more ethnically mixed. Extreme poverty has led to a strong sense of egalitarianism. Most women are still denied access to education, though their absence from public life belies their real power and social influence.

Most of Burkina's people are concentrated in the south and center of the country, sometimes exceeding 48 per square kilometer (125/sq. mi.). Hundreds of thousands of Burkinabe migrate to Côte d'Ivoire and Ghana, many for seasonal agricultural work. These flows of workers are obviously affected by external events; the September 2002 coup attempt in Côte d'Ivoire and the ensuing fighting there have meant that hundreds of thousands of Burkinabe returned to Burkina Faso.

On 30 August 2009, Burkina Faso experienced the worst flood in the country's recent history, leaving 150,000 people homeless, and more than 8 people dead. Burkina Faso people requested international aid to help the victims and rebuild the country. Japan, France, Ivory Coast and the European Union responded, while the Burkina American community requested that the president of the United States of America extend a helping hand to the victims of the flood. As a result of the flood, access to clean water has been difficult for survivors.

Economy

Burkina Faso has one of the lowest GDP per capita figures in the world: $1,200. Agriculture represents 32% of its gross domestic product and occupies 80% of the working population. It consists mostly of livestock but also, especially in the south and southwest, of growing sorghum, pearl millet, maize (corn), peanuts, rice and cotton. A large part of the economic activity of the country is funded by international aid.

Burkina Faso was ranked the 111th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.

Remittances used to be an important source of income to Burkina Faso until the 1990s, when unrest in Côte d'Ivoire, the main destination for Burkinabe emigrants, forced many to return home. Remittances now account for less than 1% of GDP.

Burkina Faso is part of the West African Monetary and Economic Union (UMEOA) and has thus adopted the CFA Franc, which is issued by the Central Bank of the West African States (BCEAO), situated in Dakar, Senegal. The BCEAO is not only responsible for the monetary and reserve policy of the member states, but also for the regulation and oversight of financial sector and banking activity. A legal framework regarding licensing, bank activities, organizational and capital requirements, inspections and sanctions (all applicable to all countries of the Union) is in place and underwent significant reforms in 1999. Micro-finance institutions are governed by a separate law, which regulates micro-finance activities in all WAEMU countries. The insurance sector is regulated through the Inter-African Conference on Insurance Markets (CIMA).

There is mining of copper, iron, manganese and gold. These operations provide employment, international aid, and in some cases hospitals at mines for the public.

Burkina Faso also hosts the International Art and Craft Fair, Ouagadougou, better known by its French name as SIAO, Le Salon International de l' Artisanat de Ouagadougou, one of the most important African handicraft fairs.

Burkina Faso is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

While services remain underdeveloped, one state-owned utility company run along commercial lines is emerging as one of the best performing utility companies in Africa, the National Office for Water and Sanitation (ONEA). High levels of autonomy and a skilled and dedicated management has driven ONEA's ability to improve production of and access to water. Since 2000, nearly 2 million people more people have access to water in the four principal urban centres in the country while at the same time keeping the quality of infrastructure high (less than 18% of the water is lost through leaks – one of the lowest in sub-Saharan Africa), improving financial reporting and an average 12% annual revenue increase (well above inflation). Challenges remain, including the some customers' ability to pay and a reliance on aid for the expansion of its infrastructure. However, the state-owned commercially run venture has helped lead Burkina Faso's Millennium Development Goal (MDG) targets in its water-related targets and grow as a viable company.

Burundi

AFRICA

Small, densely populated and landlocked, Burundi lies just south of the equator, on the Nile–Congo watershed in central Africa. Its people have the world's lowest per capita income.

OFFICIAL NAME: Republic of Burundi
DATE OF FORMATION: 1962
CAPITAL: Bujumbura
POPULATION: 10.2 million
TOTAL AREA: 10,745 sq. miles (27,830 sq. km)
DENSITY: 838 people per sq. mile
LANGUAGES: Kirundi*, French*, Kiswahili
RELIGIONS: Christian (mainly Roman Catholic) 60%, traditional beliefs 39%, Muslim 1%
ETHNIC MIX: Hutu 85%, Tutsi 14%, Twa 1%
GOVERNMENT: Presidential system
CURRENCY: Burundi franc = 100 centimes

Geography

One of the smallest countries in Africa, Burundi is landlocked and has an equatorial climate. Burundi is a part of the Albertine Rift, the western extension of the Great Rift Valley. The country lies on a rolling plateau in the center of Africa. The average elevation of the central plateau is 5,600 feet (1,707 m), with lower elevations at the borders. The highest peak, Mount Heha at 8,810 feet (2,685 m), lies to the southeast of the capital, Bujumbura. The source of the Nile River is in Burundi province, and is linked from Lake Victoria to its headwaters via the Ruvyironza River Lake Victoria is also an important water source, which serves as a fork to the Kagera River. Another major lake is Lake Tanganyika, located in much of Burundi's southwestern corner.

Burundi's lands are mostly agricultural or pasture. Settlement by rural populations has led to deforestation, soil erosion and habitat loss. Deforestation of the entire country is almost completely due to overpopulation, with a mere 230 square miles (600 km^2) remaining and an ongoing loss of about 9% per annum. There are two national parks, Kibira National Park to the northwest (a small region of rain forest, adjacent to Nyungwe Forest National Park in Rwanda), Ruvubu National Park to the northeast (along the Rurubu River, also known as Ruvubu or Ruvuvu). Both were established in 1982 to conserve wildlife populations.

Climate

Temperate, with high humidity. Heavy and frequent rainfall, mostly October –May. Highlands have frost.

People & Society

Burundi has been riven by ethnic conflict between majority Hutu and the Tutsi, who controlled the army – with repeated large-scale massacres: hundreds of thousands of people have died since 1993. The constitution now guarantees an
ethnic balance in the government and army. Twa pygmies were not involved in the conflict.

Burundi's culture is based on local tradition and the influence of neighboring countries, though cultural prominence has been hindered by civil unrest. Since farming is the main industry in Burundi, a typical Burundian meal consists of sweet potatoes, corn, and peas. Due to the expense, meat is only eaten a few times per month. When several Burundians of close acquaintance meet for a gathering they drink impeke, a beer, together from a large container to symbolize unity. Notable Burundians include the footballer Mohammed Tchité, singer Jean Pierre Nimbona, popularly known as Kidumu (who is based in Nairobi, Kenya).

Economy

Burundi is one of the world's poorest countries, owing in part to its landlocked geography, poor legal system, lack of economic freedom, lack of access to education, and the proliferation of HIV/AIDS. Approximately 80% of Burundi's population lives in poverty. Famines and food shortages have occurred throughout Burundi, most notably in the 20th century, and according to the World Food Programme, 56.8% of children under age five suffer from chronic malnutrition. One scientific study of 178 nations rated Burundi's population as having the lowest satisfaction with life in the world. As a result of poverty, Burundi is dependent on foreign aid.

Burundi's largest industry is agriculture, which accounted for 58% of the GDP in 1997. Subsistence agriculture accounts for 90% of agriculture. The nation's largest source of revenue is coffee, which makes up 93% of Burundi's exports. Other agriculture products include cotton, tea, maize, sorghum, sweet potatoes, bananas, manioc (tapioca); beef, milk, and hides. Some of Burundi's natural resources include uranium, nickel, cobalt, copper, and platinum. Besides agriculture, other industries include: assembly of imported components; public works construction; food processing, and light consumer goods such as blankets, shoes, and soap. Burundi's currency is the Burundian franc (BIF); as of January 27, 2011, 1,234.56 Burundian franc were equivalent to one United States dollar.

Lack of access to financial services is a severe problem for the majority of the population, particularly in the densely populated rural areas: only 2 percent of the total population holds bank accounts, and less than 0.5 percent use bank lending services. Microfinance, however, plays a larger role, with 4 percent of Burundians being members of microfinance institutions – a larger share of the population than that reached by banking and postal services combined. 26 licensed microfinance institutions (MFIs) offer savings, deposits, and short- to medium-term credit. Dependence on the sector on donor assistance is limited.

Burundi is part of the East African Community and a potential member of the planned East African Federation.

Cambodia

ASIA

Located on the Indochinese peninsula in southeast Asia, Cambodia has emerged from genocide, civil war, and invasion from Vietnam. Tourists are returning. Rice is the principal crop.

OFFICIAL NAME: Kingdom of Cambodia
DATE OF FORMATION: 1953
CAPITAL: Phnom Penh
POPULATION: 14.8 million
TOTAL AREA: 69,900 sq. miles (181,040 sq. km)
DENSITY: 217 people per sq. mile
LANGUAGES: Khmer*, French, Chinese, Vietnamese, Cham
RELIGIONS: Buddhist 93%, Muslim 6%, Christian 1%
ETHNIC MIX: Khmer 90%, other 5%, Vietnamese 4%, Chinese 1%
GOVERNMENT: Parliamentary system
CURRENCY: Riel = 100 sen

Geography

Cambodia has an area of 181,035 square kilometers (69,898 sq mi) and lies entirely within the tropics, between latitudes 10° and 15°N, and longitudes 102° and 108°E. It borders Thailand to the north and west, Laos to the northeast, and Vietnam to the east and southeast. It has a 443-kilometer (275 mi) coastline along the Gulf of Thailand.

Cambodia's landscape is characterized by a low-lying central plain that is surrounded by uplands and low mountains and includes the Tonle Sap (Great Lake) and the upper reaches of the Mekong River delta. Extending outward from this central region are transitional plains, thinly forested and rising to elevations of about 650 feet (200 metres) above sea level. To the north the Cambodian plain abuts a sandstone escarpment, which forms a southward-facing cliff stretching more than 200 miles (320 km) from west to east and rising abruptly above the plain to heights of 600 to 1,800 feet (180 to 550 metres). This escarpment marks the southern limit of the Dângrêk Mountains.

Flowing south through the country's eastern regions is the Mekong River. East of the Mekong the transitional plains gradually merge with the eastern highlands, a region of forested mountains and high plateaus that extend into Laos and Vietnam. In southwestern Cambodia two distinct upland blocks, the Krâvanh Mountains and the Dâmrei Mountains, form another highland region that covers much of the land area between the Tonle Sap and the Gulf of Thailand. In this remote and largely uninhabited area, Phnom Aural, Cambodia's highest peak, rises to an elevation of 5,949 feet (1,813 metres). The southern coastal region adjoining the Gulf of Thailand is a narrow lowland strip, heavily wooded and sparsely populated, which is isolated from the central plain by the southwestern highlands.

The most distinctive geographical feature is the inundations of the Tonle Sap (Great Lake), measuring about 2,590 square kilometers (1,000 sq mi) during the dry season and expanding to about 24,605 square kilometers (9,500 sq mi) during the rainy season. This densely populated plain, which is devoted to wet rice cultivation, is the heartland of Cambodia. Much of this area has been designated as a biosphere reserve.

Climate

Cambodia's climate, like that of the rest of Southeast Asia, is dominated by monsoons, which are known as tropical wet and dry because of the distinctly marked seasonal differences.

Cambodia has a temperature range from 21 to 35 °C (69.8 to 95 °F) and experiences tropical monsoons. Southwest monsoons blow inland bringing moisture-laden winds from the Gulf of Thailand and Indian Ocean from May to October. The northeast monsoon ushers in the dry season, which lasts from November to March. The country experiences the heaviest precipitation from September to October with the driest period occurring from January to February.

Cambodia has two distinct seasons. The rainy season, which runs from May to October, can see temperatures drop to 22 °C (71.6 °F) and is generally accompanied with high humidity. The dry season lasts from November to April when temperatures can rise up to 40 °C (104 °F) around April. Disastrous flooding occurred in 2001 and again in 2002, with some degree of flooding almost every year.

People & Society

Devastated by US bombing, then by the Khmer Rouge regime, whose extreme Marxist program killed over a million between 1975 and 1979, Cambodia then endured further civil conflict and Vietnamese occupation. The effects are
still felt, reflected in the high rates of orphans, widows, and land-mine victims. A fragile stability has lasted since elections in 1993. King Norodom Sihanouk, a key figure in politics, abdicated in 2004.

In recent decades, many younger Cambodians and those in the business-class have favoured learning English. In the major cities and tourist centers, English is widely spoken and taught at a large number of schools because of the overwhelming number of tourists from English-speaking countries. Even in the most rural outposts, most young people speak at least some English, as it is often taught by monks at the local pagodas where many children are educated.

Economy

In 2010 Cambodia's per capita income in PPP is $2,470 and $1,040 in nominal per capita. Cambodia's per capita income is rapidly increasing but is low compared to other countries in the region. Most rural households depend on agriculture and its related sub-sectors. Rice, fish, timber, garments and rubber are Cambodia's major exports. The International Rice Research Institute (IRRI) reintroduced more than 750 traditional rice varieties to Cambodia from its rice seed bank in the Philippines. These varieties had been collected in the 1960s.

Based on the Economist, IMF: Annual average GDP growth for the period 2001–2010 was 7.7% making it one of the world's top ten countries with the highest annual average GDP growth. Tourism was Cambodia's fastest growing industry, with arrivals increasing from 219,000 in 1997 to 2 million in 2007. In 2004, inflation was at 1.7% and exports at $1.6 billion US$. As of 2005, GDP per capita in PPP terms was $2,200, which ranked 178th (out of 233) countries.

China is Cambodia's biggest source of foreign direct investment in the kingdom. China plans to spend $8 billion in 360 projects in the first seven months of 2011. It is also the largest source of foreign aid, providing about $600 million in 2007 and $260 million in 2008.

The older population often lacks education, particularly in the countryside, which suffers from a lack of basic infrastructure. Fear of renewed political instability and corruption within the government discourage foreign investment and delay foreign aid, although there has been significant aid from bilateral and multilateral donors. Donors pledged $504 million to the country in 2004, while the Asian Development Bank alone has provided $850 million in loans, grants, and technical assistance.

The tourism industry is the country's second-greatest source of hard currency after the textile industry. Between January and December 2007, visitor arrivals were 2.0 million, an increase of 18.5% over the same period in 2006. Most visitors (51%) arrived through Siem Reap with the remainder (49%) through Phnom Penh and other destinations. Other tourist destinations include Sihanoukville in the south east which has several popular beach resorts and the area around Kampot and Kep including the Bokor Hill Station. Tourism has increased steadily each year in the relatively stable period since the 1993 UNTAC elections; in 1993 there were 118,183 international tourists, and in 2009 there were 2,161,577 international tourists.

Most of the tourists were Japanese, Chinese, Americans, South Koreans and French people, said the report, adding that the industry earned some 1400 million U.S. dollars in 2007, accounting for almost ten percent of the kingdom's gross national products. Chinese-language newspaper Jianhua Daily quoted industry official as saying that Cambodia will have three million foreign tourist arrival in 2010 and five million in 2015. Tourism has been one of Cambodia's triple pillar industries. The Angkor Wat historical park in Siem Reap province, the beaches in Sihanoukville and the capital city Phnom Penh are the main attractions for foreign tourists

Cameroon

AFRICA

Situated in the corner of the Gulf of Guinea, Cameroon was effectively a one-party state for 30 years. Multiparty elections, since 1992, regularly return that same party to power.

OFFICIAL NAME: Republic of Cameroon
DATE OF FORMATION: 1960
CAPITAL: Yaoundé
POPULATION: 19.1 million
TOTAL AREA: 183,567 sq. miles (475,400 sq. km)
DENSITY: 109 people per sq. mile
LANGUAGES: Bamileke, Fang, Fulani, French*, English*
RELIGIONS: Catholic 35%, traditional beliefs 25%, Muslim 22%, Protestant 18%
ETHNIC MIX: Highlanders 31%, other 39%, equatorial Bantu 19%, Kirdi 11%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

At 475,442 square kilometres (183,569 sq mi), Cameroon is the world's 53rd-largest country. It is comparable in size to Papua New Guinea and somewhat larger than the U.S. state of California. The country is located in Central and West Africa on the Bight of Bonny, part of the Gulf of Guinea and the Atlantic Ocean. Cameroon lies between latitudes 1° and 13°N, and longitudes 8° and 17°E.

Tourist literature describes Cameroon as "Africa in miniature" because it exhibits all major climates and vegetation of the continent: coast, desert, mountains, rainforest, and savanna. The country's neighbours are Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon, and the Republic of the Congo to the south.

Cameroon is divided into five major geographic zones distinguished by dominant physical, climatic, and vegetative features. The coastal plain extends 15 to 150 kilometres (9 to 93 mi) inland from the Gulf of Guinea and has an average elevation of 90 metres (295 ft). Exceedingly hot and humid with a short dry season, this belt is densely forested and includes some of the wettest places on earth, part of the Cross-Sanaga-Bioko coastal forests.

The South Cameroon Plateau rises from the coastal plain to an average elevation of 650 metres (2,133 ft). Equatorial rainforest dominates this region, although its alternation between wet and dry seasons makes it is less humid than the coast. This area is part of the Atlantic Equatorial coastal forests ecoregion.

An irregular chain of mountains, hills, and plateaus known as the Cameroon range extends from Mount Cameroon on the coast—Cameroon's highest point at 4,095 metres (13,435 ft)—almost to Lake Chad at Cameroon's northern border at 13°05'N. This region has a mild climate, particularly on the Western High Plateau, although rainfall is high. Its soils are among Cameroon's most fertile, especially around volcanic Mount Cameroon. Volcanism here has created crater lakes. On 21 August 1986, one of these, Lake Nyos, belched carbon dioxide and killed between 1,700 and 2,000 people. This area has been delineated by the World Wildlife Fund as the Cameroonian Highlands forests ecoregion.

The southern plateau rises northward to the grassy, rugged Adamawa Plateau. This feature stretches from the western mountain area and forms a barrier between the country's north and south. Its average elevation is 1,100 metres (3,609 ft), and its average temperature ranges from 22 °C (71.6 °F) to 25 °C (77 °F) with high rainfall between April and October peaking in July and August. The northern lowland region extends from the edge of the Adamawa to Lake Chad with an average elevation of 300 to 350 metres (984 to 1,148 ft). Its characteristic vegetation is savanna scrub and grass. This is an arid region with sparse rainfall and high median temperatures.

Cameroon has four patterns of drainage. In the south, the principal rivers are the Ntem, Nyong, Sanaga, and Wouri. These flow southwestward or westward directly into the Gulf of Guinea. The Dja and Kadéï drain southeastward into the Congo River. In northern Cameroon, the Bénoué River runs north and west and empties into the Niger. The Logone flows northward into Lake Chad, which Cameroon shares with three neighbouring countries.

Climate

South is equatorial, with plentiful rainfall, declining inland. Far north is beset by drought.

People & Society

Around 230 ethnic groups; no single group is dominant. The Bamileke is the largest, though it has never held political power. North–south tensions are diminished by the ethnic diversity. There is more rivalry between majority Frenchand
minority English-speakers.

Cameroon's population is almost evenly divided between urban and rural dwellers. Population density is highest in the large urban centres, the western highlands, and the northeastern plain. Douala, Yaoundé, and Garoua are the largest cities. In contrast, the Adamawa Plateau, southeastern Bénoué depression, and most of the South Cameroon Plateau are sparsely populated.

People from the overpopulated western highlands and the underdeveloped north are moving to the coastal plantation zone and urban centres for employment. Smaller movements are occurring as workers seek employment in lumber mills and plantations in the south and east. Although the national sex ratio is relatively even, these out-migrants are primarily males, which leads to unbalanced ratios in some regions.

Economy

Cameroon's per-capita GDP (Purchasing power parity) was estimated as US $2,300 in 2008, one of the ten highest in sub-Saharan Africa. Major export markets include France, Italy, South Korea, Spain, and the United Kingdom. Cameroon has enjoyed a decade of strong economic performance, with GDP growing at an average of 4 percent per year. During the 2004–2008 period, public debt was reduced from over 60 percent of GDP to 10 percent and official reserves quadrupled to over USD 3 billion. Cameroon is part of the Bank of Central African States (of which it is the dominant economy), the Customs and Economic Union of Central Africa (UDEAC) and the Organization for the Harmonization of Business Law in Africa (OHADA).

Its currency is the CFA franc. Red tape, high taxes, and endemic corruption have impeded growth of the private sector. Unemployment was estimated at 30% in 2001, and about a third of the population was living below the international poverty threshold of US$1.25 a day in 2009. Since the late 1980s, Cameroon has been following programmes advocated by the World Bank and International Monetary Fund (IMF) to reduce poverty, privatise industries, and increase economic growth. Tourism is a growing sector, particularly in the coastal area, around Mount Cameroon, and in the north.

Cameroon's natural resources are very well suited to agriculture and arboriculture. An estimated 70% of the population farms, and agriculture comprised an estimated 19.8% of GDP in 2009. Most agriculture is done at the subsistence scale by local farmers using simple tools. They sell their surplus produce, and some maintain separate fields for commercial use. Urban centres are particularly reliant on peasant agriculture for their foodstuffs. Soils and climate on the coast encourage extensive commercial cultivation of bananas, cocoa, oil palms, rubber, and tea. Inland on the South Cameroon Plateau, cash crops include coffee, sugar, and tobacco. Coffee is a major cash crop in the western highlands, and in the north, natural conditions favour crops such as cotton, groundnuts, and rice. Reliance on agricultural exports makes Cameroon vulnerable to shifts in their prices.

Livestock are raised throughout the country. Fishing employs some 5,000 people and provides 20,000 tons of seafood each year. Bushmeat, long a staple food for rural Cameroonians, is today a delicacy in the country's urban centres. The commercial bushmeat trade has now surpassed deforestation as the main threat to wildlife in Cameroon.

The southern rainforest has vast timber reserves, estimated to cover 37% of Cameroon's total land area. However, large areas of the forest are difficult to reach. Logging, largely handled by foreign-owned firms, provides the government US$60 million a year, and laws mandate the safe and sustainable exploitation of timber. Nevertheless, in practice, the industry is one of the least regulated in Cameroon.

Factory-based industry accounted for an estimated 29.7% of GDP in 2009. More than 75% of Cameroon's industrial strength is located in Douala and Bonabéri. Cameroon possesses substantial mineral resources, but these are not extensively mined. Petroleum exploitation has fallen since 1985, but this is still a substantial sector such that dips in prices have a strong effect on the economy. Rapids and waterfalls obstruct the southern rivers, but these sites offer opportunities for hydroelectric development and supply most of Cameroon's energy. The Sanaga River powers the largest hydroelectric station, located at Edéa. The rest of Cameroon's energy comes from oil-powered thermal engines. Much of the country remains without reliable power supplies.

Transport in Cameroon is often difficult. Except for the several relatively good toll roads which connect major cities (all of them one-lane) roads are poorly maintained and subject to inclement weather, since only 10% of the roadways are tarred. Roadblocks often serve little other purpose than to allow police and gendarmes to collect bribes from travellers. Road banditry has long hampered transport along the eastern and western borders, and since 2005, the problem has intensified in the east as the Central African Republic has further destabilised.

Intercity bus services run by multiple private companies connect all major cities. Although intercity buses rarely depart on schedule but rather wait until all the tickets are sold. They are the most popular mean of transportation followed by the rail service Camrail. Rail service runs from Kumba in the west to Bélabo in the east and north to Ngaoundéré.

International airports are located in Douala and Yaoundé. The airport at Bamenda is now closed. The Wouri estuary provides a harbour for Douala, the country's principal seaport. In the north, the Bénoué River is seasonally navigable from Garoua across into Nigeria.

Although press freedoms have improved since the first decade of the 21st century, the press is corrupt and beholden to special interests and political groups. Newspapers routinely self-censor to avoid government reprisals. The major radio and television stations are state-run and other communications, such as land-based telephones and telegraphs, are largely under government control. However, cell phone networks and Internet providers have increased dramatically since the first decade of the 21st century and are largely unregulated.

Canada

NORTH & CENTRAL AMERICA

Canada extends from the Arctic to its US border along the 49th parallel. Unified under British rule from 1763, its development and expansion attracted large-scale immigration.

OFFICIAL NAME: Canada
DATE OF FORMATION: 1867
CAPITAL: Ottawa
POPULATION: 34.5 million
TOTAL AREA: 3,855,171 sq. miles (9,984,670 sq. km)
DENSITY: 9 people per sq. mile
LANGUAGES: English*, French*, other
RELIGIONS: Roman Catholic 44%, Protestant 29%, other 27%
ETHNIC MIX: British, French, and other European 87%, Asian 9%, Amerindian, Métis, and Inuit 4%
GOVERNMENT: Parliamentary system
CURRENCY: Canadian dollar = 100 cents

Geography

Canada occupies a major northern portion of North America, sharing the land borders with the contiguous United States to the south and the US state of Alaska to the northwest, stretching from the Atlantic Ocean in the east to the Pacific Ocean in the west; to the north lies the Arctic Ocean. By total area (including its waters), Canada is the second-largest country in the world, after Russia. By land area, Canada ranks fourth.

The country lies between latitudes 41° and 84°N, and longitudes 52° and 141°W. Since 1925, Canada has claimed the portion of the Arctic between 60° and 141°W longitude, but this claim is not universally recognized. The northernmost settlement in Canada (and in the world) is Canadian Forces Station Alert on the northern tip of Ellesmere Island – latitude 82.5°N – 817 kilometres (450 nautical miles, 508 miles) from the North Pole. Much of the Canadian Arctic is covered by ice and permafrost. Canada also has the longest coastline in the world: 202,080 kilometres (125,570 mi).

Since the last glacial period Canada has consisted of eight distinct forest regions, including extensive boreal forest on the Canadian Shield. Canada has more lakes than any other country, containing much of the world's fresh water. There are also fresh-water glaciers in the Canadian Rockies and the Coast Mountains. Canada is geologically active, having many earthquakes and potentially active volcanoes, notably Mount Meager, Mount Garibaldi, Mount Cayley, and the Mount Edziza volcanic complex. The volcanic eruption of Tseax Cone in 1775 caused a catastrophic disaster, killing 2,000 Nisga'a people and destroying their village in the Nass River valley of northern British Columbia; the eruption produced a 22.5-kilometre (14.0 mi) lava flow, and according to legend of the Nisga'a people, it blocked the flow of the Nass River.

The population density, 3.3 inhabitants per square kilometre (8.5 /sq mi), is among the lowest in the world. The most densely populated part of the country is the Quebec City – Windsor Corridor, situated in Southern Quebec and Southern Ontario along the Great Lakes and the Saint Lawrence River

Climate

Average winter and summer high temperatures across Canada vary according to the location. Winters can be harsh in many regions of the country, particularly in the interior and Prairie provinces, which experience a continental climate, where daily average temperatures are near −15 °C (5 °F) but can drop below −40 °C (−40 °F) with severe wind chills.In noncoastal regions, snow can cover the ground almost six months of the year (more in the north). Coastal British Columbia has a temperate climate, with a mild and rainy winter. On the east and west coasts, average high temperatures are generally in the low 20s °C (70s °F), while between the coasts, the average summer high temperature ranges from 25 to 30 °C (77 to 86 °F), with occasional extreme heat in some interior locations exceeding 40 °C (104 °F).

People & Society

Two-thirds of the population live in the Great Lakes–St. Lawrence lowlands, fostering some shared cultural values with the neighboring US. Important differences, however, include wider welfare provision and Commonwealth membership. The French-speaking Québécois wish to preserve their culture and language from further Anglicization, and demand to be recognized as a "distinct society." The government welcomes ethnic diversity among immigrants, promoting
a policy that encourages each group to maintain its own culture. Land claims made by the indigenous peoples are being redressed. Nunavut, an Inuit-governed territory that covers nearly a quarter of Canada's land area, was created from a portion of the Northwest Territories in 1999. Women are well represented at most levels of business and government.

Economy

Canada is one of the world's wealthiest nations, with a high per-capita income. It is a member of the Organisation for Economic Co-operation and Development (OECD) and the G8, and is one of the world's top ten trading nations. Canada is a mixed economy, ranking above the US and most western European nations on the Heritage Foundation's index of economic freedom. The largest foreign importers of Canadian goods are the United States, the United Kingdom, and Japan.

In the past century, the growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy to a more industrial and urban one. Like other First World nations, the Canadian economy is dominated by the service industry, which employs about three quarters of Canadians. Canada is unusual among developed countries in the importance of its primary sector, in which the logging and petroleum industries are two of the most important.

Canada is one of the few developed nations that are net exporters of energy. Atlantic Canada has vast offshore deposits of natural gas, and Alberta has large oil and gas resources. The immense Athabasca oil sands give Canada the world's second-largest oil reserves, behind Saudi Arabia.

Canada is one of the world's largest suppliers of agricultural products; the Canadian Prairies are one of the most important producers of wheat, canola, and other grains. Canada is the largest producer of zinc and uranium, and is a global source of many other natural resources, such as gold, nickel, aluminum, and lead. Many towns in northern Canada, where agriculture is difficult, are sustainable because of nearby mines or sources of timber. Canada also has a sizable manufacturing sector centred in southern Ontario and Quebec, with automobiles and aeronautics representing particularly important industries.

Economic integration with the United States has increased significantly since World War II. The Automotive Products Trade Agreement of 1965 opened the borders to trade in the auto manufacturing industry. In the 1970s, concerns over energy self-sufficiency and foreign ownership in the manufacturing sectors prompted Prime Minister Pierre Trudeau's Liberal government to enact the National Energy Program (NEP) and the Foreign Investment Review Agency (FIRA).

In the 1980s, Prime Minister Brian Mulroney's Progressive Conservatives abolished the NEP and changed the name of FIRA to "Investment Canada" in order to encourage foreign investment. The Canada – United States Free Trade Agreement (FTA) of 1988 eliminated tariffs between the two countries, while the North American Free Trade Agreement (NAFTA) expanded the free-trade zone to include Mexico in the 1990s. In the mid-1990s, the Liberal government under Jean Chrétien began to post annual budgetary surpluses and steadily paid down the national debt. The global financial crisis of 2008 caused a recession, which could increase the country's unemployment rate to 10 percent. In 2008, Canada's imported goods were worth over $442.9 billion, of which $280.8 billion was from the United States, $11.7 billion from Japan, and $11.3 billion from the United Kingdom. The country's 2009 trade deficit totaled C$4.8 billion, compared with a C$46.9 billion surplus in 2008.

As of October 2009, Canada's national unemployment rate was 8.6 percent. Provincial unemployment rates vary from a low of 5.8 percent in Manitoba to a high of 17 percent in Newfoundland and Labrador. Between October 2008, and October 2010, the Canadian labour market lost 162,000 full-time jobs and a total of 224,000 permanent jobs. Canada's federal debt is estimated to be $566.7 billion for 2010–11, up from $463.7 billion in 2008–09. Canada's net foreign debt rose by $41-billion to $194-billion in the first quarter of 2010.

Cape Verde

AFRICA

Off the west coast of Africa, in the Atlantic Ocean, lies the group of islands that make up Cape Verde, a Portuguese colony until it gained independence in 1975.

OFFICIAL NAME: Republic of Cape Verde
DATE OF FORMATION: 1975
CAPITAL: Praia
POPULATION: 567,000
TOTAL AREA: 1557 sq. miles (4033 sq. km)
DENSITY: 325 people per sq. mile
LANGUAGES: Creole, Portuguese*
RELIGIONS: Roman Catholic 97%, other 2%, Protestant 1%
ETHNIC MIX: Mestiço 60%, African 30%, other 10%
GOVERNMENT: Mixed presidentialparliamentary system
CURRENCY: C.V. escudo = 100 centavos

Geography

The Cape Verde archipelago is located in the Atlantic Ocean, approximately 570 kilometres (350 mi) off the coast of West Africa, near Mauritania and Senegal, and is part of the Macaronesia ecoregion. It lies between latitudes 14° and 18°N, and longitudes 22° and 26°W. The country is a horseshoe-shaped cluster of ten islands (nine inhabited) and eight islets, that constitute an area of 4033 km^2

Magnetic anomalies identified in the vicinity of the archipelago indicate that the structures forming the islands date back 125-150 million years: the islands themselves date from 8 million (in the west) to 20 million years (in the east). The oldest exposed rocks occurred on Maio and northern peninsula of Santiago and are 128-131 million year old pillow lavas. The first stage of volcanism in the islands began in the early Miocene, and reached its peak at the end of this period, when the islands reached their maximum sizes. Historical volcanism (within human settlement) has been restricted to the island of Fogo.

The origin of the islands' volcanism has been attributed to a hotspot, associated with bathymetric swell that formed the Cape Verde Rise. The Rise is one of the largest protuberances in the world's oceans, rising 2.2 kilometers in a semi-circular region of 1200 km², associated with a rise of the geoid and elevated surface heat flow.

Though Cape Verde's islands are all volcanic in origin, they vary widely in terrain.

Most recently erupting in 1995, Pico do Fogo is the largest active volcano in the region. It has a 8 km (5 mi) diameter caldera, whose rim is 1,600 m (5,249 ft) altitude and an interior cone that rises to 2,829 m (9,281 ft) above sea level. The caldera resulted from subsidence, following the partial evacuation (eruption) of the magma chamber, along a cylindrical column from within magma chamber (at a depth of 8 km (5 mi)).

Geologically, the islands are principally composed of igneous rocks, with volcanic structures and pyroclastic debris comprising the majority of the archipelago's total volume. The volcanic and plutonic rocks are distinctly basic; the archipelago is a soda-alkaline petrographic province, with a petrologic succession which is similar to that found in other Macaronesian islands.

Extensive salt flats are found on Sal and Maio. On Santiago, Santo Antão, and São Nicolau, arid slopes give way in places to sugarcane fields or banana plantations spread along the base of towering mountains.

Climate

Cape Verde's climate is milder than that of the African mainland because the surrounding sea moderates temperatures on the islands. Average daily high temperatures range from 25 °C (77 °F) in January to 29 °C (84.2 °F) in September. Cape Verde is part of the Sahelian arid belt, with nothing like the rainfall levels of nearby West Africa. It does rain irregularly between August and October, with frequent brief-but-heavy downpours. A desert is usually defined as terrain which receives less than 250 mm (9.8 in) of annual rainfall. Cape Verde's total (261 mm/10.3 in) is slightly above this criterion, which makes the area climate semi-desert.

Hurricanes that form near the Cape Verde Islands are sometimes referred to as Cape Verde-type hurricanes. These hurricanes can become very intense as they cross warm Atlantic waters.

People & Society

Most people are of mixed Portuguese–African origin; the rest are descendants of African slaves or more recent immigrants. Creolization of the culture negates ethnic tensions. Almost half of the population live on Santiago. Around 700,000 Cape Verdeans live abroad, mostly in the US.

Cape Verde's official language is Portuguese. It is the language of instruction and government. However, the Cape Verdean Creole is used colloquially and is the mother tongue of virtually all Cape Verdeans. Cape Verdean Creole or Kriolu is a dialect continuum of a Portuguese-based creole, which varies from island to island. There is a substantial body of literature in Creole, especially in the Santiago Creole and the São Vicente Creole. Creole has been gaining prestige since the nation's independence from Portugal. However, the differences between the varied forms of the language within the islands have been a major obstacle in the way of standardization of the language. Some people have advocated the development of two standards: a North (Barlavento) standard, centered on the São Vicente Creole, and a South (Sotavento) standard, centered on the Santiago Creole. Manuel Veiga, PhD, a linguist by training, and Minister of Culture of Cape Verde, is the premier proponent of Kriolu's officialization and standardization. The demographic statistics site ESA says Cape Verde has a population of 567,000 in 2010.

Economy

Cape Verde has few natural resources, scant rainfall and limited supplies of fresh water. But it does have wind. Only 4 of the 10 main islands (Santiago, Santo Antão, Fogo, and Brava) normally support significant agricultural production, and over 90% of all food consumed in Cape Verde is imported. Mineral resources include salt, pozzolana (a volcanic rock used in cement production), and limestone. Its small number of wineries making Portuguese-style wines have traditionally focused on the domestic market, but have recently met with some international acclaim. A number of wine tours of Cape Verde's various microclimates began to be offered in spring 2010 and can be arranged through the tourism office.

The economy of Cape Verde is service-oriented, with commerce, transport, and public services accounting for more than 70% of GDP. Although nearly 38% of the population lives in rural areas, agriculture and fishing contribute only about 9% of GDP. Light manufacturing accounts for most of the remainder. Fish and shellfish are plentiful, and small quantities are exported. Cape Verde has cold storage and freezing facilities and fish processing plants in Mindelo, Praia, and on Sal. Expatriate Cape Verdeans contribute an amount estimated at about 20% of GDP to the domestic economy through remittances.

Since 1991, the government has pursued market-oriented economic policies, including an open welcome to foreign investors and a far-reaching privatization programme. It established as top development priorities the promotion of a market economy and of the private sector; the development of tourism, light manufacturing industries, and fisheries; and the development of transport, communications, and energy facilities. From 1994 to 2000 about $407 million in foreign investments were made or planned, of which 58% were in tourism, 17% in industry, 4% in infrastructure, and 21% in fisheries and services.

In 2011, on 4 islands a windfarm was built, that in total supplies about 25% of the electricity of the country. With this amount it is one of the top countries for renewable energy.

Between 2000 and 2009, real GDP increased on average by over 7 percent a year, well above the average for Sub-Saharan countries and faster than most small island economies in the region. Strong economic performance was bolstered by one of the fastest growing tourism industries in the world, as well as by substantial capital inflows that allowed Cape Verde to build up national currency reserves to the current 3.5 months of imports. Unemployment has been falling rapidly, and the country is on track to achieve most of the UN Millenium Development Goals – including halving its 1990 poverty level.

In 2007, Cape Verde joined the World Trade Organization (WTO) and in 2008 the country graduated from Least Developed Country (LDC) to Middle Income Country (MIC) status.

Cape Verde has significant cooperation with Portugal at every level of the economy, which has led it to link its currency first to the Portuguese escudo and, in 1999, to the euro. On June 23, 2008 Cape Verde became the 153rd member of the WTO.

Central African Republic

AFRICA

The Central African Republic (CAR) is a landlocked country lying between the basins of the Chad and Congo Rivers. Politics has suffered frequent interruption by military coups.

OFFICIAL NAME: Central African Republic
DATE OF FORMATION: 1960
CAPITAL: Bangui
POPULATION: 4.42 million
TOTAL AREA: 240,534 sq. miles (622,984 sq. km)
DENSITY: 18 people per sq. mile
LANGUAGES: Sango, Banda, Gbaya, French*
RELIGIONS: Traditional beliefs 60%, Christian 35%, Muslim 5%
ETHNIC MIX: Baya 34%, Banda 27%, Mandjia 21%, Sara 10%, other 8%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

The Central African Republic is a land-locked nation within the interior of the African continent. It is bordered by the countries of Cameroon, Chad, Sudan, South Sudan, the Democratic Republic of the Congo and the Republic of the Congo. The country lies between latitudes 2° and 11°N, and longitudes 14° and 28°E.

Much of the Central African Republic consists of flat, or rolling plateau savanna, typically about 500 metres (1,640 ft) above sea level, of which most of the northern half lies within the World Wildlife Fund's East Sudanian savanna ecoregion. In the northeast are the Fertit Hills, and there are scattered hills in southwest part of the country. To the northwest is the Yade Massif, a granite plateau with an altitude of 1,143 feet (348 m).

At 622,941 square kilometres (240,519 sq mi), the Central African Republic is the world's 42nd-largest country. It is comparable in size to the Ukraine, and is somewhat smaller than the US state of Texas.

Much of the southern border is formed by tributaries of the Congo River, with the Mbomou River in the east merging with the Uele River to form the Ubangi River. In the west, the Sangha River flows through part of the country. The eastern border lies along the edge of the Nile river watershed.

Estimates of the amount of the country covered by forest ranges up to 8%, with the densest parts in the south. The forest is highly diverse, and includes commercially important species of Ayous, Sapelli and Sipo. The deforestation rate is 0.4% per annum, and lumber poaching is commonplace.

In the November 2008 issue of National Geographic, the Central African Republic was named the country least affected by light pollution.

Climate

The climate of the C.A.R. is generally tropical. The northern areas are subject to harmattan winds, which are hot, dry, and carry dust. The northern regions have been subject to desertification, and the northeast is a desert. The remainder of the country is prone to flooding from nearby rivers.

People & Society

The Baya and Banda are the largest ethnic groups, but the lingua franca is Sango, a trading creole spoken by the minorities in the south who have traditionally provided most political leaders. Less than 2% of the population live in the north. Recent rebellions by northern groups have displaced thousands of people.

About half the adult population of the country is illiterate. The University of Bangui, a public university located in Bangui, is the only institution of higher education in the Central African Republic.

Female life expectancy at birth was 48.2 and male life expectancy at birth was at 45.1 in 2007. The fertility rate is at about five births per woman. Government expenditure on health was at US$ 20 (PPP) per person in 2006. There were 8 physicians per 100,000 people in 2004. Government expenditure on health was at 10.9 % of total government expenditure in 2006.

Economy

The economy of the CAR is dominated by the cultivation and sale of food crops such as cassava, peanuts, maize, sorghum, millet, sesame, and plantain . The annual real GDP growth rate is just above 3%. The importance of foodcrops over exported cash crops is indicated by the fact that the total production of cassava, the staple food of most Central Africans, ranges between 200,000 and 300,000 tons a year, while the production of cotton, the principal exported cash crop, ranges from 25,000 to 45,000 tons a year. Foodcrops are not exported in large quantities but they still constitute the principal cash crops of the country because Central Africans derive far more income from the periodic sale of surplus foodcrops than from exported cash crops such as cotton or coffee.

The CAR's largest import partner is South Korea (20.2%), followed by France (13.6%) and Cameroon (7.7%), while its largest export partner is Japan (40.4%), followed by Belgium (9.8%) and China (8.2%).

Many rural and urban women also transform foodcrops into alcoholic drinks such as sorghum beer or hard liquor and derive considerable income from the sale of these drinks. Much of the income derived from the sale of foods and alcohol is not "on the books" and thus is not considered in calculating per capita income, which is one reason why official figures for per capita income are not accurate in the case of the CAR.

The per capita income of the CAR is often listed as being around $300 a year, said to be one of the lowest in the world, but this figure is based mostly on reported sales of exports and largely ignores the more important but unregistered sale of foods, locally produced alcohol, diamonds, ivory, bushmeat, and traditional medicine, for example. The informal economy of the CAR is more important than the formal economy for most Central Africans.

Diamonds constitute the most important export of the CAR, accounting for 40–55% of export revenues, but an estimated 30–50% of the diamonds produced each year leave the country clandestinely. Export trade is hindered by poor economic development, and the location of this country far from the coast.

The wilderness regions of this country have potential as ecotourist destinations. The country is noted for its population of forest elephants. In the southwest, the Dzanga-Sangha National Park is a rain forest area. To the north, the Manovo-Gounda St Floris National Park has been well-populated with wildlife, including leopards, lions, and rhinos. To the northeast the Bamingui-Bangoran National Park. However the population of wildlife in these parks has severely diminished over the past 20 years due to poaching, particularly from the neighboring Sudan.

The CAR is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

The CAR is ranked 180 out of 181 on 'ease of business' in the 2009 Doing Business Report of the World Bank Group. The 'ease of business' ranking uses a composite index on regulations that enhance business activity and those that constrain it.

Chad

AFRICA

Landlocked in north-central Africa, Chad has had a turbulent history since independence from France in 1960. Intermittent periods of civil war followed a military coup in 1975.

OFFICIAL NAME: Republic of Chad
DATE OF FORMATION: 1960
CAPITAL: Ndjamena
POPULATION: 10.3 million
TOTAL AREA: 495,752 sq. miles (1,284,000 sq. km)
DENSITY: 23 people per sq. mile
LANGUAGES: French*, Sara, Arabic*, Maba
RELIGIONS: Muslim 55%, traditional beliefs 35%, Christian 10%
ETHNIC MIX: Other 30%, Sara 28%, Mayo-Kebbi 12%, Arab 12%, Ouaddai 9%, Kanem-Bornou 9%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Chad is the world's 21st-largest country. It is slightly smaller than Peru and slightly larger than South Africa. Chad is in north central Africa, lying between latitudes 7° and 24°N, and 13° and 24°E. Chad is bounded to the north by Libya, to the east by Sudan, to the west by Niger, Nigeria and Cameroon, and to the south by the Central African Republic. The country's capital is 1,060 kilometres (660 mi) from the nearest seaport Douala (Cameroon). Due to this distance from the sea and the country's largely desert climate, Chad is sometimes referred to as the "Dead Heart of Africa".

A heritage of the colonial era, Chad's borders do not coincide wholly with natural boundaries. The dominant physical structure is a wide basin bounded to the north, east and south by mountain ranges such as the Ennedi Plateau in the north-east. Lake Chad, after which the country is named, is the remains of an immense lake that occupied 330,000 square kilometres (130,000 sq mi) of the Chad Basin 7,000 years ago.

Although in the 21st century it covers only 17,806 square kilometres (6,875 sq mi), and its surface area is subject to heavy seasonal fluctuations, the lake is Africa's second largest wetland. The Emi Koussi, a dormant volcano in the Tibesti Mountains that reaches 3,414 metres (11,201 ft) above sea level, is the highest point in Chad and the Sahara.

The region's tall grasses and extensive marshes make it favourable for birds, reptiles, and large mammals. Chad's major rivers—the Chari, Logone and their tributaries—flow through the southern savannas from the southeast into Lake Chad.

Climate

Each year a tropical weather system known as the intertropical front crosses Chad from south to north, bringing a wet season that lasts from May to October in the south, and from June to September in the Sahel. Variations in local rainfall create three major geographical zones. The Sahara lies in the country's northern third. Yearly precipitations throughout this belt are under 50 millimetres (2.0 in); only the occasional spontaneous palm grove survives, the only ones to do so south of the Tropic of Cancer. The Sahara gives way to a Sahelian belt in Chad's centre; precipitation there varies from 300 to 600 mm (11.8 to 23.6 in) per year. In the Sahel, a steppe of thorny bushes (mostly acacias) gradually gives way to the south to East Sudanian savanna in Chad's Sudanese zone. Yearly rainfall in this belt is over 900 mm (35.4 in)

People & Society

Half the population live in the southern fifth of Chad. The northern third has only 100,000 people, mainly Muslim Toubou nomads. Democracy was restored in 1996 by ex-coup leader Idriss Déby. Instability has continued, first with tension between Muslims and southern Christians and, more recently, with rebellions in the east.

Urban life is virtually restricted to the capital, whose population is mostly engaged in commerce. The other major towns are Sarh, Moundou, Abéché and Doba, which are less urbanised but are growing rapidly and joining the capital as decisive factors in economic growth. Since 2003, 230,000 Sudanese refugees have fled to eastern Chad from war-ridden Darfur. With the 172,000 Chadians displaced by the civil war in the east, this has generated increased tensions among the region's communities.

Chad has more than 200 distinct ethnic groups, which create diverse social structures. The colonial administration and independent governments have attempted to impose a national society, but for most Chadians the local or regional society remains the most important influence outside the immediate family. Nevertheless, Chad's peoples may be classified according to the geographical region in which they live. In the south live sedentary people such as the Sara, the nation's main ethnic group, whose essential social unit is the lineage. In the Sahel sedentary peoples live side-by-side with nomadic ones, such as the Arabs, the country's second major ethnic group. The north is inhabited by nomads, mostly Toubous. The nation's official business languages are French and Arabic, but over 100 languages and dialects are spoken. Due to the important role played by itinerant Arab traders and settled merchants in local communities, Chadian Arabic has become a lingua franca.

Economy

The United Nations' Human Development Index ranks Chad as the seventh poorest country in the world, with 80% of the population living below the poverty line. The GDP (Purchasing power parity) per capita was estimated as US$1,600 in 2008. Chad is part of the Bank of Central African States, the Customs and Economic Union of Central Africa (UDEAC) and the Organization for the Harmonization of Business Law in Africa (OHADA). Its currency is the CFA franc. Years of civil war have scared away foreign investors; those who left Chad between 1979 and 1982 have only recently begun to regain confidence in the country's future. In 2000 major direct foreign investment in the oil sector began, boosting the country's economic prospects.

Over 80% of Chad's population relies on subsistence farming and livestock raising for its livelihood. The crops grown and the locations of herds are determined by the local climate. In the southernmost 10 percent of the territory lies the nation's most fertile cropland, with rich yields of sorghum and millet. In the Sahel only the hardier varieties of millet grow, and these with much lower yields than in the south. On the other hand, the Sahel is ideal pastureland for large herds of commercial cattle and for goats, sheep, donkeys and horses. The Sahara's scattered oases support only some dates and legumes.

Before the development of oil industry, cotton dominated industry and the labour market and accounted for approximately 80% of export earnings. Cotton remains a primary export, although exact figures are not available. Rehabilitation of Cotontchad, a major cotton company that suffered from a decline in world cotton prices, has been financed by France, the Netherlands, the European Union, and the International Bank for Reconstruction and Development (IBRD). The parastatal is now expected to be privatised.

ExxonMobil leads a consortium of Chevron and Petronas that has invested $3.7 billion to develop oil reserves estimated at one billion barrels in southern Chad. Oil production began in 2003 with the completion of a pipeline (financed in part by the World Bank) that links the southern oilfields to terminals on the Atlantic coast of Cameroon. As a condition of its assistance, the World Bank insisted that 80% of oil revenues be spent on development projects. In January 2006 the World Bank suspended its loan programme when the Chadian government passed laws reducing this amount. On July 14, 2006, the World Bank and Chad signed a memorandum of understanding under which the Government of Chad commits 70% of its spending to priority poverty reduction programmes.

Civil war crippled the development of transport infrastructure; in 1987, Chad had only 30 kilometres (19 mi) of paved roads. Successive road rehabilitation projects improved the network to 550 kilometres (340 mi) by 2004. Nevertheless, the road network is limited; roads are often unusable for several months of the year. With no railways of its own, Chad depends heavily on Cameroon's rail system for the transport of Chadian exports and imports to and from the seaport of Douala.

An international airport serves the capital and provides regular direct flights to Paris and several African cities. The telecommunication system is basic and expensive, with fixed telephone services provided by the state telephone company SotelTchad. Only 14,000 fixed telephone lines serve all of Chad, one of the lowest telephone density rates in the world. Chad's energy sector has suffered from years of mismanagement by the parastatal Chad Water and Electric Society (STEE), which provides power for 15% of the capital's citizens and covers only 1.5% of the national population. Most Chadians burn biomass fuels such as wood and animal manure for power. Chad's cities face serious difficulties of municipal infrastructure; only 48% of urban residents have access to potable water and only 2% to basic sanitation.

The country's television audience is limited to N'Djamena. The only television station is the state-owned TeleTchad. Radio has a far greater reach, with 13 private radio stations. Newspapers are limited in quantity and distribution, and circulation figures are small due to transportation costs, low literacy rates, and poverty. While the constitution defends liberty of expression, the government has regularly restricted this right, and at the end of 2006 began to enact a system of prior censorship on the media.

Chile

SOUTH AMERICA

Chile extends in a ribbon down the west coast of South America. It returned to elected civilian rule in 1989 after a referendum forced out military dictator General Pinochet.

OFFICIAL NAME: Republic of Chile
DATE OF FORMATION: 1818
CAPITAL: Santiago
POPULATION: 17.2 million
TOTAL AREA: 292,258 sq. miles (756,950 sq. km)
DENSITY: 59 people per sq. mile
LANGUAGES: Spanish*, Amerindian languages
RELIGIONS: Roman Catholic 80%, other and nonreligious 20%
ETHNIC MIX: Mixed and European 90%, other Amerindian 9%, Mapuche 1%
GOVERNMENT: Presidential system
CURRENCY: Chilean peso = 100 centavos

Geography

A long and narrow coastal Southern Cone country on the west side of the Andes Mountains, Chile stretches over 4,630 kilometres (2,880 mi) north to south, but only 430 kilometres (265 mi) at its widest point east to west. This encompasses a remarkable variety of landscapes. It contains 756,950 square kilometres (292,260 sq mi) of land area. It is situated within the Pacific Ring of Fire. Including its offshore islands, but excluding its Antarctic claim, Chile lies between latitudes 17° and 56°S, and longitudes 66° and 81°W.

The northern Atacama Desert contains great mineral wealth, primarily copper and nitrates. The relatively small Central Valley, which includes Santiago, dominates the country in terms of population and agricultural resources. This area also is the historical center from which Chile expanded in the late 19th century, when it integrated the northern and southern regions. Southern Chile is rich in forests, grazing lands, and features a string of volcanoes and lakes. The southern coast is a labyrinth of fjords, inlets, canals, twisting peninsulas, and islands. The Andes Mountains are located on the eastern border. Chile is the longest north-south country in the world, and also claims 1,250,000 km^2 (480,000 sq mi) of Antarctica as part of its territory. However, this latter claim is suspended under the terms of the Antarctic Treaty, of which Chile is a signatory.

Chile controls Easter Island and Sala y Gómez Island, the easternmost islands of Polynesia, which it incorporated to its territory in 1888, and Robinson Crusoe Island, more than 600 kilometres (370 mi) from the mainland, in the Juan Fernández Islands. Easter Island is today a province of Chile. Also controlled but only temporarily inhabited (by some local fishermen) are the small islands of Sala y Gómez, San Ambrosio and San Felix. These islands are notable because they extend Chile's claim to territorial waters out from its coast into the Pacific.

Climate

The climate of Chile comprises a wide range of weather conditions across a large geographic scale, extending across 38 degrees in latitude, making generalisations difficult. According to the Köppen system, Chile within its borders hosts at least seven major climatic subtypes, ranging from desert in the north, to alpine tundra and glaciers in the east and south east, humid subtropical in Easter Island, Oceanic in the south and Mediterranean climate in central Chile. There are four seasons in most of the country: summer (December to February), autumn (March to May), winter (June to August), and spring (September to November).

People & Society

Most people are of mixed Spanish–Amerindian descent, and are highly urbanized. Almost a third of the population live in Santiago, many in large slums. There are three main indigenous groups, including the Rapa Nui of Easter Island. General Pinochet's dictatorship was brutally repressive, but the business and middle classes prospered.

The Afro-Chilean population has always been tiny, reaching a high of 2,500 people during the colonial period; their current percentage of the population is less than one percent. According to the 2002 Census, 4.6% of the Chilean population considered themselves indigenous

Economy

Chile is one of South America's most stable and prosperous nations,leading Latin American nations in human development, competitiveness, income per capita, globalization, economic freedom, and low perception of corruption. However, it has a high economic inequality, as measured by the Gini index. In May 2010 Chile became the first South American country to join the OECD. In 2006, Chile became the country with the highest nominal GDP per capita in Latin America.

During the early 1990s, Chile's reputation as a role model for economic reform was strengthened when the democratic government of Patricio Aylwin, who took over from the military in 1990, deepened the economic reform initiated by the military government. Growth in real GDP averaged 8% from 1991–1997, but fell to half that level in 1998 because of tight monetary policies (implemented to keep the current account deficit in check) and because of lower export earnings, the latter which was a product of the Asian financial crisis. Chile's economy has since recovered and has seen growth rates of 5–7% over the past several years.

After a decade of impressive growth rates, Chile began to experience a moderate economic downturn in 1999, brought on by unfavorable global economic conditions related to the Asian financial crisis, which began in 1997. The economy remained sluggish until 2003, when it began to show clear signs of recovery, achieving 4.0% real GDP growth. The Chilean economy finished 2004 with growth of 6%. Real GDP growth reached 5.7% in 2005 before falling back to 4% in 2006. GDP expanded by 5% in 2007.

Unemployment hovered at 8%–10% after the start of the economic slowdown in 1999, above the 7% average for the 1990s. Unemployment finally dipped to 7.8% in 2006, and continued to fall in 2007, averaging 6.8% monthly (up to August). Wages have risen faster than inflation as a result of higher productivity, boosting national living standards. The percentage of Chileans with household incomes below the poverty line – defined as twice the cost of satisfying a person's minimal nutritional needs – fell from 45.1% in 1987 to 13.7% in 2006, according to government surveys. Critics in Chile, however, argue that true poverty figures are considerably higher than those officially published. (The government constructs the poverty line based on an outdated 1987 household consumption survey, instead of more recent surveys from 1997 or 2007). According to these critics who use data from the 1997 survey, the poverty rate rises to 29%. Using the relative yardstick favoured in many European countries, 27% of Chileans would be poor, according to Juan Carlos Feres of the ECLAC.

High domestic savings and investment rates helped propel Chile's economy to average growth rates of 8% during the 1990s. The privatized national pension system (AFP) has encouraged domestic investment and contributed to an estimated total domestic savings rate of approximately 21% of GDP.

Total foreign direct investment (FDI) was only $3.4 billion in 2006, up 52% from a poor performance in 2005. However, 80% of FDI continues to go to only four sectors: electricity, gas, water and mining. Much of the jump in FDI in 2006 was also the result of acquisitions and mergers, but has done little to create new employment in Chile.

Tourism in Chile has experienced sustained growth over the last few decades. In 2005, tourism grew by 13.6%, generating more than 4.5 billion dollars of which 1.5 billion is attributed to foreign tourists. According to the National Service of Tourism (Sernatur), 2 million people a year visit the country. Most of these visitors come from other countries in the American continent, mainly Argentina; followed by a growing number from the United States, Europe, and Brazil with a growing number of Asians from South Korea and PR China.

The main attractions for tourists are places of natural beauty situated in the extreme zones of the country: San Pedro de Atacama, in the north, is very popular with foreign tourists who arrive to admire the Incaic architecture, the altiplano lakes, and the Valley of the Moon. In Putre, also in the North, there is the Chungará Lake, as well as the Parinacota and the Pomerape volcanoes, with altitudes of 6,348 m and 6,282 m, respectively. Throughout the central Andes there are many ski resorts of international repute, including Portillo, Valle Nevado and Termas de Chillán. The main tourist sites in the south are the coastal area around Tirúa and Cañete with the Isla Mocha and the Nahuelbuta National Park, Chiloé Archipelago and Patagonia, which includes Laguna San Rafael National Park, with its many glaciers, and the Torres del Paine National Park. The central port city of Valparaíso, which is World Heritage with its unique architecture, is also popular. Finally, Easter Island in the Pacific Ocean is one of the main Chilean tourist destinations

China

ASIA

Covering a vast area of eastern Asia, China is bordered by 14 countries. A one-party Communist state since 1949, it has recently become a dominant force in global manufacturing.

OFFICIAL NAME: People's Rep. of China
DATE OF FORMATION: 960
CAPITAL: Beijing
POPULATION: 1.33 billion
TOTAL AREA: 3,705,386 sq. miles (9,596,960 sq. km)
DENSITY: 374 people per sq. mile
LANGUAGES: Mandarin*, other
RELIGIONS: Nonreligious 59%, traditional beliefs 20%, other 13%, Buddhist 6%, Muslim 2%
ETHNIC MIX: Han 92%, other 4%, Hui 1%, Miao 1%, Manchu 1%, Zhuang 1%
GOVERNMENT: One-party state
CURRENCY: Yuan = 10 jiao = 100 fen

Geography

The People's Republic of China is the second-largest country in the world by land area after Russia, and is either the third- or fourth-largest by total area, after Russia, Canada and, depending on the definition of total area, the United States. China's total area is generally stated as approximately 9,600,000 km^2 (3,710,000 sq mi).. Specific area figures range from 9,572,900 km^2 (3,696,100 sq mi) of Encyclopædia Britiannica, to 9,596,961 km^2 (3,705,407 sq mi) of U.N. Demographic Yearbook, to 9,596,961 km^2 (3,705,407 sq mi) of CIA World Factbook and 9,640,011 km^2 (3,722,029 sq mi) that includes Aksai Chin and the Trans-Karakoram Tract, which are controlled by China and claimed by India. None of the aforementioned total area figures includes the 1,000 square kilometres (386.1 sq mi) of territory ceded to the PRC by the Tajikistan following the ratification of a Sino-Tajik border agreement by the Tajik Parliament on January 12, 2011.

According to Encyclopædia Britannica, the total area of the United States, at 9,522,055 km^2 (3,676,486 sq mi), is slightly smaller than China. In the CIA Factbook, until the coastal waters of the Great Lakes was added to the United States' total area in 1996, China's total area was also greater than that of the United States.

China has the longest land borders in the world, measuring 22,117 km (13,743 mi) from the mouth of the Yalu River to the Gulf of Tonkin. China borders 14 nations, more than any other country except Russia, which also borders 14. China extends across much of the East Asian continent bordering Vietnam, Laos, and Burma in Southeast Asia; India, Bhutan, Nepal and Pakistan, in South Asia; Afghanistan, Tajikistan, Kyrgyzstan and Kazakhstan in Central Asia; a small section of Russian Altai and Mongolia in Inner Asia; and the Russian Far East and North Korea in Northeast Asia.

Additionally, China shares maritime boundaries with South Korea, Japan, Vietnam and the Phillippines. The PRC and the Republic of China (Taiwan) make mutual claims over each other's territority and the frontier between areas under their respective control is closest near the islands of Kinmen and Matsu, off the Fujian coast, but otherwise run through the Taiwan Strait. The PRC and ROC assert identical claims over the entirety of the Spratly Island in the South China Sea, and the southern-most extent of these claims reach Zengmu Ansha (James Shoal), which would form a maritime frontier with Malaysia.

The territory of China lies between latitudes 18° and 54° N, and longitudes 73° and 135° E. The country's vast size gives it a wide variety of landscapes. In the east, along the shores of the Yellow Sea and the East China Sea, there are extensive and densely populated alluvial plains, while on the edges of the Inner Mongolian plateau in the north, broad grasslands are visible. Southern China is dominated by hill country and low mountain ranges, while the central-east hosts the deltas of China's two major rivers, the Yellow River and the Yangtze River. Other major rivers include the Xi, Mekong, Brahmaputra and Amur. To the west, major mountain ranges, most notably the Himalayas, and high plateaus feature among the more arid landscapes of the north, such as the Taklamakan and the Gobi Desert. China's highest point, Mt. Everest (8848m), lies on the Sino-Nepalese border. The country's lowest point is the dried lake bed of Ayding Lake (-154m) in the Turpan Depression.

A major environmental issue in China is the continued expansion of its deserts, particularly the Gobi Desert, which is currently the world's fifth-largest desert. Although barrier tree lines planted since the 1970s have reduced the frequency of sandstorms, prolonged drought and poor agricultural practices have resulted in dust storms plaguing northern China each spring, which then spread to other parts of East Asia, including Korea and Japan. According to China's environmental watchdog, Sepa, China is losing a million acres (4,000 km²) per year to desertification. Water quality, erosion, and pollution control have become important issues in China's relations with other countries. Melting glaciers in the Himalayas could potentially lead to water shortages for hundreds of millions of people.

Climate

China's climate is mainly dominated by dry seasons and wet monsoons, which lead to a pronounced temperature differences between winter and summer. In the winter, northern winds coming from high-altitude areas are cold and dry; in summer, southern winds from coastal areas at lower altitudes are warm and moist. The climate in China differs from region to region because of the country's extensive and complex topography.

People & Society

Most people are Han Chinese. The rest of the population belong to one of 55 minority nationalities, or recognized ethnic groups. Many of these groups have a disproportionate political significance as they live in strategic border areas. A policy of resettling Han Chinese in remote regions is deeply resented and has led to uprisings in Xinjiang and Tibet. The government has relaxed the one-child family policy, particularly for minorities, after some small groups were brought close to extinction. Chinese society is patriarchal in practice, and generations tend to live together. However, economic change is breaking down the social controls of the Mao Zedong era. Divorce and unemployment are rising; materialism has replaced the puritanism of the past. A resurgence of religious belief has occurred in recent years.

Since 2000, China's cities have expanded at an average rate of 10% annually. The country's urbanization rate increased from 17.4% to 46.8% between 1978 and 2009, a scale unprecedented in human history. Between 150 and 200 million migrant workers work part-time in the major cities, returning home to the countryside periodically with their earnings.

Today, the People's Republic of China has dozens of cities with one million or more long-term residents, including the three global cities of Beijing, Hong Kong, and Shanghai. The figures in the table below are from the 2008 census, and are only estimates of the urban populations within administrative city limits; a different ranking exists when considering the total municipal populations (which includes suburban and rural populations). The large "floating populations" of migrant workers make conducting censuses in urban areas difficult; the figures below do not include the floating population, only long-term residents.

Economy

From its founding in 1949 until late 1978, the People's Republic of China was a Soviet-style centrally planned economy, without private businesses or capitalism. To propel the country towards a modern, industrialized communist society, Mao Zedong instituted the Great Leap Forward in the early 1960s, although this had decidedly mixed economic results. Following Mao's death in 1976 and the consequent end of the Cultural Revolution, Deng Xiaoping and the new Chinese leadership began to reform the economy and move towards a more market-oriented mixed economy under one-party rule. Collectivization of the agriculture was dismantled and farmlands were privatized to increase productivity. In 1978, China and Japan began normalized diplomatic relations, and China started borrowing money from Japan in soft loans. Since 1978, Japan has been China's most significant foreign donor. Modern-day China is mainly characterised as having a market economy based on private property ownership, and is one of the leading examples of state capitalism.

Under the post-Mao market reforms, a wide variety of small-scale private enterprises were encouraged, while the government relaxed price controls and promoted foreign investment. Foreign trade was focused upon as a major vehicle of growth, leading to the creation of Special Economic Zones (SEZs), first in Shenzhen and then in other Chinese cities. Inefficient state-owned enterprises (SOEs) were restructured by introducing western-style management systems, with unprofitable ones being closed outright, resulting in massive job losses. By the latter part of 2010, China was reversing some of its economic liberalization initiatives, with state-owned companies buying up independent businesses in the steel, auto and energy industries.

Since economic liberalization began in 1978, the PRC's investment- and export-led economy has grown 90 times bigger and is the fastest growing major economy in the world. According to IMF that PRC's annual average GDP growth for the period of 2001–2010 was 10.5 percent and predicted to grow with 9.5 percent for the period of 2011–2015. From 2007 to 2011, China's economic growth rate was equivalent to all of the G7 countries' growth combined. According to the Global Growth Generators index announced by Citigroup in February 2011, China has a very high 3G growth rating. As of September 2011, China has the world's second largest nominal GDP, at 39.8 trillion yuan (US$6.05 trillion), although its GDP per capita of US$4,300 is still low, and puts the PRC behind roughly a hundred countries in global GDP per capita rankings. China's primary, secondary, and tertiary industries contributed 10.6%, 46.8%, and 42.6% respectively to its total GDP in 2009. If PPP is taken into account, the PRC's economy is again second only to the US, at $10.085 trillion, corresponding to $7,518 per capita.

The PRC is the fourth-most-visited country in the world, with 50.9 million inbound international visitors in 2009. It is a member of the WTO and is the world's second largest trading power behind the US, with a total international trade value of US$2.21 trillion – US$1.20 trillion in exports (#1) and US$1.01 trillion in imports (#2). Its foreign exchange reserves have reached US$2.85 trillion at end of 2010, an increase of 18.7 percent over the previous year, making its reserves by far the world's largest.The PRC owns an estimated $1.6 trillion of US securities. The PRC, holding US$1.16 trillion in US Treasury bonds, is the largest foreign holder of US public debt. China is the world's third-largest recipient of inward FDI, attracting US$92.4 billion in 2008 alone, and China increasingly invests abroad, with a total outward FDI of US$52.2 billion in 2008 making it the world's sixth-largest outward investor. In 2010, China's inward FDI was $106 billion, marking a 16% increase over 2009.

The PRC's success has been primarily due to manufacturing as a low-cost producer. This is attributed to a combination of cheap labor, good infrastructure, relatively high productivity, favorable government policy, and a possibly undervalued exchange rate. The latter has been sometimes blamed for the PRC's huge trade surplus (US$262.7 billion in 2007) and has become a major source of dispute between the PRC and its major trading partners – the US, EU, and Japan – despite the yuan having been de-pegged and having risen in value by 20% against the US dollar since 2005.

The state still dominates in strategic "pillar" industries (such as energy and heavy industries), but private enterprise (composed of around 30 million private businesses) has expanded enormously; in 2005, it accounted for anywhere between 33% to 70% of national GDP, while the OECD estimate for that year was over 50% of China's national output, up from 1% in 1978. Its stock market in Shanghai, the SSE, has raised record amounts of IPOs and its benchmark Shanghai Composite index has doubled since 2005. SSE's market capitalization reached US$3 trillion in 2007, making it the world's fifth largest exchange.

China now ranks 29th in the Global Competitiveness Index and ranked 135th among the 179 countries measured in the Index of Economic Freedom. 46 Chinese companies made the list in the 2010 Fortune Global 500 (Beijing alone with 30). Measured using market capitalization, four of the world's top ten most valuable companies are Chinese. Some of these include first-ranked PetroChina, third-ranked Industrial and Commercial Bank of China (the world's most valuable bank), fifth-ranked China Mobile (the world's most valuable telecommunications company) and seventh-ranked China Construction Bank.

Although a middle-income country by Western standards, the PRC's rapid growth has pulled hundreds of millions of its people out of poverty since 1978. Today, about 10% of the Chinese population live below the poverty line of US$1 per day (down from 64% in 1978), while life expectancy has increased to 73 years. More than 93% of the population is literate, compared to only 20% in 1950. Urban unemployment declined to 4 percent in China by the end of 2007, although true overall unemployment may be as high as 10%.

China's middle-class population (defined as those with annual income of at least US$17,000) has reached more than 100 million as of 2011, while the number of super-rich individuals worth more than 10 million yuan (US$1.5 million) is estimated to be 825,000, according to Hurun Report. Based on the Hurun rich list, the number of US dollar billionaires in China doubled from 130 in 2009 to 271 in 2010, giving China the world's second-highest number of billionaires. China's retail market was worth RMB 8.9 trillion (US$1.302 trillion) in 2007, and is growing at 16.8% annually. China is also now the world's second-largest consumer of luxury goods behind Japan, with 27.5% of the global share.

The PRC's growth has been uneven, with some geographic regions growing faster than others, and a pronounced urban-rural income gap contributing to a national Gini coefficient of 46.9%. Development has been mainly concentrated in the heavily urbanised eastern coastal regions, while the remainder of the country has lagged behind. To counter this, the government has promoted development in the western, northeastern, and central regions of China.

The Chinese economy is highly energy-intensive and inefficient – on average, industrial processes in China use 20%–100% more energy than similar ones in OECD countries. China became the world's largest energy consumer in 2010, but still relies on coal to supply about 70% of its energy needs. Coupled with lax environmental regulations, this has led to massive water and air pollution, leaving China with 20 of the world's 30 most polluted cities.

Consequently, the government has promised to use more renewable energy, planning to make renewables constitute 30% of China's total energy production by 2050. In 2010, China became the largest wind energy provider in the world, with a total installed wind power capacity of 41.8 GW. In January 2011, Russia began scheduled oil shipments to China, pumping 300,000 barrels of oil per day via the Eastern Siberia – Pacific Ocean oil pipeline.

Colombia

SOUTH AMERICA

Lying in northwest South America, Colombia has coastlines on both the Caribbean and the Pacific. It is primarily noted for its coffee, emeralds, gold, and cocaine trafficking.

OFFICIAL NAME: Republic of Colombia
DATE OF FORMATION: 1819
CAPITAL: Bogotá
POPULATION: 45.9 million
TOTAL AREA: 439,733 sq. miles (1,138,910 sq. km)
DENSITY: 114 people per sq. mile
LANGUAGES: Spanish*, Wayuu, Páez, other Amerindian languages
RELIGIONS: Catholic 95%, other 5%
ETHNIC MIX: Mestizo 58%, White 20%, European-African 14%, African 4%, African- Amerindian 3%, other 1%
GOVERNMENT: Presidential system
CURRENCY: Col. peso = 100 centavos

Geography

Colombia is bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by Panama and the Caribbean Sea; and to the west by Ecuador and the Pacific Ocean. Including its Caribbean islands, it lies between latitudes 14°N and 5°S, and longitudes 66° and 82°W

Part of the Ring of Fire, a region of the world subject to earthquakes and volcanic eruptions, Colombia is dominated by the Andes mountains. Beyond the Colombian Massif (in the south-western departments of Cauca and Nariño) these are divided into three branches known as cordilleras (mountain ranges): the Cordillera Occidental, running adjacent to the Pacific coast and including the city of Cali; the Cordillera Central, running between the Cauca and Magdalena river valleys (to the west and east respectively) and including the cities of Medellín, Manizales, Pereira and Armenia; and the Cordillera Oriental, extending north east to the Guajira Peninsula and including Bogotá, Bucaramanga and Cúcuta. Peaks in the Cordillera Occidental exceed 13,000 ft (3,962 m), and in the Cordillera Central and Cordillera Oriental they reach 18,000 ft (5,486 m). At 8,500 ft (2,591 m), Bogotá is the highest city of its size in the world.

East of the Andes lies the savanna of the Llanos, part of the Orinoco River basin, and, in the far south east, the jungle of the Amazon rainforest. Together these lowlands comprise over half Colombia's territory, but they contain less than 3% of the population. To the north the Caribbean coast, home to 20% of the population and the location of the major port cities of Barranquilla and Cartagena, generally consists of low-lying plains, but it also contains the Sierra Nevada de Santa Marta mountain range, which includes the country's tallest peaks (Pico Cristóbal Colón and Pico Simón Bolívar), and the Guajira Desert. By contrast the narrow and discontinuous Pacific coastal lowlands, backed by the Serranía de Baudó mountains, are sparsely populated and covered in dense vegetation. The principal Pacific port is Buenaventura.

Colombian territory also includes a number of Caribbean and Pacific islands.

The environmental challenges faced by Colombia are caused by both natural and human factors. Many natural hazards result from the geological instability related to Colombia's position along the Pacific Ring of Fire. Colombia has 15 major volcanoes, the eruptions of which have on occasion resulted in substantial loss of life, such as at Armero in 1985. Geological faults that have caused numerous devastating earthquakes, such as the 1999 Armenia earthquake. Heavy floods both in mountainous areas and in low-lying watersheds and coastal regions regularly cause deaths and considerable damage to property during the rainy seasons. Rainfall intensities vary with the El Niño-Southern Oscillation which occurs in unpredictable cycles, at times causing especially severe flooding.

Human induced deforestation has started to creep into the rainforests of Amazonia and the Pacific coast and has substantially changed the Andean landscape. Deforestation is also linked to the conversion of lowland tropical forests to oil palm plantations. However, compared to neighbouring countries rates of deforestation in Colombia are still relatively low. In urban areas, contamination of the local environment has been caused by human produced waste, and the use of fossil fuels. Participants in the country's armed conflict have also contributed to the pollution of the environment. Illegal armed groups have deforested large areas of land to plant illegal crops, with an estimated 99,000 hectares used for the cultivation of coca in 2007, while in response the government has fumigated these crops using hazardous chemicals. Insurgents have also destroyed oil pipelines creating major ecological disasters. Demand from rapidly expanding cities has placed increasing stress on the water supply as watersheds are affected and ground water tables fall. Nonetheless, Colombia is the fourth country in the world by magnitude of total freshwater supply, and still has large reserves of freshwater.

Climate

Coastal plains are hot and wet. The highlands are much cooler. The equatorial east has two wet seasons.

People & Society

Most Colombians are of mixed blood. Blacks and Amerindians have the least political representation. Civil conflict over four and a half decades has displaced millions of people, and left over 200,000 dead. The fighting is deeply entwined with the narcotics trade. Violent crime is common.

The population is concentrated in the Andean highlands and along the Caribbean coast. The nine eastern lowland departments, comprising about 54% of Colombia's area, have less than 3% of the population and a density of less than one person per square kilometer (two persons per square mile). Traditionally a rural society, movement to urban areas was very heavy in the mid-twentieth century, and Colombia is now one of the most urbanized countries in Latin America. The urban population increased from 31% of the total in 1938 to 60% in 1975, and by 2005 the figure stood at 72.7%. The population of Bogotá alone has increased from just over 300,000 in 1938 to approximately 8 million today. In total thirty cities now have populations of 100,000 or more. As of 2010 Colombia has the world's largest populations of internally displaced persons (IDPs), estimated up to 4.5 million people.

Colombia is ranked sixth in the world in the Happy Planet Index.

Economy

In spite of the difficulties presented by serious internal armed conflict, Colombia's market economy grew steadily in the latter part of the twentieth century, with gross domestic product (GDP) increasing at an average rate of over 4% per year between 1970 and 1998. The country suffered a recession in 1999 (the first full year of negative growth since the Great Depression), and the recovery from that recession was long and painful. However, in recent years growth has been impressive, reaching 8.2% in 2007, one of the highest rates of growth in Latin America. Meanwhile the Colombian stock exchange climbed from 1,000 points at its creation in July 2001 to over 7,300 points by November 2008.

According to International Monetary Fund estimates, in 2010 Colombia's GDP (PPP) was US$429.866 billion (28th in the world and third in South America). Adjusted for purchasing power parity, GDP per capita stands at $6,273, placing Colombia 82nd in the world. However, in practice this is relatively unevenly distributed among the population, and, in common with much of Latin America, Colombia scores poorly according to the Gini coefficient, with UN figures placing it 119th out of 126 countries. In 2003 the richest 20% of the population had a 62.7% share of income/consumption and the poorest 20% just 2.5%, and 17.8% of Colombians live on less than $2 a day.

Government spending represents 37.9% of GDP. Almost a quarter of this goes towards servicing the country's relatively high government debt, estimated at 52.8% of GDP in 2007. Other problems facing the economy include weak domestic and foreign demand, the funding of the country's pension system, and unemployment (10.8% in November 2008). Inflation has remained relatively low in recent years, standing at 5.5% in 2007.

Historically an agrarian economy, Colombia urbanised rapidly in the twentieth century, by the end of which just 22.7% of the workforce were employed in agriculture, generating just 11.5% of GDP. 18.7% of the workforce are employed in industry and 58.5% in services, responsible for 36% and 52.5% of GDP respectively. Colombia is rich in natural resources, and its main exports include petroleum, coal, coffee and other agricultural produce, and gold. Colombia is also known as the world's leading source of emeralds, while over 70% of cut flowers imported by the United States are Colombian. Principal trading partners are the United States (a controversial free trade agreement with the United States is currently awaiting approval by the United States Congress), the European Union, Venezuela and China. All imports, exports, and the overall balance of trade are at record levels, and the inflow of export dollars has resulted in a substantial re-valuation of the Colombian peso.

Economic performance has been aided by liberal reforms introduced in the early 1990s and continued during the presidency of Álvaro Uribe, whose policies included measures designed to bring the public sector deficit below 2.5% of GDP. In 2008, The Heritage Foundation assessed the Colombian economy to be 61.9% free, an increase of 2.3% since 2007, placing it 67th in the world and 15th out of 29 countries within the region.

Meanwhile the improvements in security resulting from President Uribe's controversial "democratic security" strategy have engendered an increased sense of confidence in the economy. On 28 May 2007 the American magazine BusinessWeek published an article naming Colombia "the most extreme emerging market on Earth". Colombia's economy has improved in recent years. Investment soared, from 15% of GDP in 2002 to 26% in 2008. private business has retooled. However unemployment at 12 % and the poverty rate at 46% in 2009 are above the regional average.

According to a recent World Bank report, doing business is easiest in Manizales, Ibagué and Pereira, and more difficult in Cali and Cartagena. Reforms in custom administration have helped reduce the amount of time it takes to prepare documentation by over 60% for exports and 40% for imports compared to the previous report. Colombia has taken measures to address the backlog in civil municipal courts. The most important result was the dismissal of 12.2% of inactive claims in civil courts thanks to the application of Law 1194 of 2008 (Ley de Desistimiento Tácito).

Comoros

AFRICA

Off the east African coast, between Mozambique and Madagascar, lies the archipelago republic of the Comoros, comprising three main islands and a number of smaller islets.

OFFICIAL NAME: Union of the Comoros
DATE OF FORMATION: 1975
CAPITAL: Moroni
POPULATION: 798,000
TOTAL AREA: 838 sq. miles (2170 sq. km)
DENSITY: 785 people per sq. mile
LANGUAGES: Arabic*, Comoran*, French*
RELIGIONS: Muslim (mainly Sunni) 98%, Roman Catholic 1%, other 1%
ETHNIC MIX: Comoran 97%, other 3%
GOVERNMENT: Presidential system
CURRENCY: Comoros franc = 100 centimes

Geography

The Comoros is formed by Ngazidja (Grande Comore), Mwali (Mohéli), Nzwani (Anjouan), and Maore (Mayotte), the major islands in the Comoros Archipelago, as well as many minor islets. The islands are officially known by their Comorian language names, though international sources still use their French names (given in parentheses above). The capital and largest city, Moroni, is located on Ngazidja. The archipelago is situated in the Indian Ocean, in the Mozambique Channel, between the African coast (nearest to Mozambique and Tanzania) and Madagascar, with no land borders.

At 2,235 km^2 (863 sq mi), it is one of the smallest countries in the world. The Comoros also has claim to 320 km^2 (120 sq mi) of territorial seas. The interiors of the islands vary from steep mountains to low hills. The climate is generally tropical and mild, and the two major seasons are distinguishable by their relative raininess. The temperature reaches an average of 29–30 °C (84–86 °F) in March, the hottest month in the rainy season (called kashkazi, December to April), and an average low of 19 °C (66 °F) in the cool, dry season (kusi, May to November). The islands are rarely subject to cyclones.

Ngazidja is the largest of the Comoros Archipelago, approximately equal in area to the other islands combined. It is also the most recent island, and therefore has rocky soil. The island's two volcanoes, Karthala (active) and La Grille (dormant), and the lack of good harbors are distinctive characteristics of its terrain. Mwali, with its capital at Fomboni, is the smallest of the four major islands. Nzwani, whose capital is Mutsamudu, has a distinctive triangular shape caused by three mountain chains, Sima, Nioumakele, and Jimilime, emanating from a central peak, Ntringi (1,575 m or 5,167 ft).

The oldest of the islands, Maore has the richest soil as well as good harbors and local fish populations, due to its ring of coral reefs. Dzaoudzi, the previous capital of all the colonial Comoros, is located on Pamanzi, (French: Petite-Terre), the largest islet of Maore. Maore's current capital is at Mamoudzou. The term Mayotte (or Maore) may also refer to the group of islands, of which the largest is known as Maore (French: Grande-Terre), and it includes Maore's surrounding islands, most notably Pamanzi (Petite-Terre).

The islands of the Comoros Archipelago were formed by volcanic activity. Mount Karthala, an active shield volcano located on Ngazidja, is the country's highest point, at 2,361 m or 7,748 ft (2,362 m) It contains the Comoros' largest patch of its disappearing rainforest. Karthala is currently one of the most active volcanoes in the world, with a minor eruption in May 2006, and prior eruptions as recently as April 2005 and 1991. In the 2005 eruption, which lasted from April 17 to 19, 40,000 citizens were evacuated, and the crater lake in the volcano's 3 by 4 km (1.9 by 2.5 mi) caldera was destroyed.

The Comoros also lays claim to the Glorioso Islands, comprising Grande Glorieuse, Île du Lys, Wreck Rock, South Rock, Verte Rocks (three islets), and three unnamed islets, one of France's Îles Éparses or Îles éparses de l'océan indien (Scattered islands in the Indian Ocean) possessions. The Glorioso Islands were administered by the colonial Comoros before 1975, and are therefore sometimes considered part of the Comoros Archipelago. Banc du Geyser, a former island in the Comoros Archipelago, now submerged, is geographically located in the Îles Éparses, but was annexed by Madagascar in 1976 as an unclaimed territory. The Comoros now claims it as part of its exclusive economic zone.

The Comoros constitute an ecoregion in their own right, Comoros forests.

Climate

Hot and humid all year round, especially on the coasts. November to May is hottest and wettest period.

People & Society

The Comoros has absorbed a diversity of people over the years, including Africans, Arabs, Polynesians, and Persians. There have also been Portuguese, Dutch, French, and Indian immigrants. Ethnic discord is rare, but regional tensions between islands are marked. The country is politically unstable and there have been frequent coups. A fragile new federal system has been in place since 2002. Wealth is concentrated within a political and business elite.

Sunni Islam is the dominant religion, representing as much as 97% of the population. Although Arab culture is firmly established throughout the archipelago, a minority of the population of Mayotte, mostly immigrants from metropolitan France, are Roman Catholic. Malagasy (Christian) and Indian (mostly Ismaili) minorities also exist, as well as minorities mostly descended from early French settlers. Chinese people are also present on Mayotte and parts of Grande Comore (especially Moroni). A small white minority of French with other European (i.e. Dutch, British and Portuguese) ancestry lives in Comoros. Most French left after independence in 1975.

The most common language is Comorian, or Shikomor, a Sabaki language related to Swahili, four different variants (Shingazidja, Shimwali, Shinzwani, and Shimaore) being spoken on each of the four islands. French and Arabic are also official languages, along with Comorian. Arabic is widely known as a second language, being the language of Quranic teaching, and French is the language of all other formal education. A Malagasy language, Shibushi, is spoken by approximately a third of the population of Maore. About fifty-seven percent of the population is literate in the Latin alphabet while more than 90% are literate in the Arabic alphabet; total literacy is incorrectly estimated at 62.5%. Comorian has no native script, but both Arabic and Latin scripts are used.

Economy

Comoros is one of the world's poorest countries. Economic growth and poverty reduction are major priorities for the government. With a rate of 14.3%, unemployment is considered very high. Agriculture, including fishing, hunting, and forestry, is the leading sector of the economy, and 38.4% of the working population is employed in the primary sector. High population densities, as much as 1000 per square kilometer in the densest agricultural zones, for what is still a mostly rural, agricultural economy may lead to an environmental crisis in the near future, especially considering the high rate of population growth. The Comoros' real GDP growth was a low 1.9% in 2004 and real GDP per capita was continuing declining annually in 2004. These declines are explained by factors including declining investment, drops in consumption, rising inflation, and an increase in trade imbalance due in part to lowered cash crop prices, especially vanilla.

Fiscal policy is constrained by erratic fiscal revenues, a bloated civil service wage bill, and an external debt that is far above the HIPC threshold. Membership in the franc zone, the main anchor of stability, has nevertheless helped contain pressures on domestic prices.

Comoros has an inadequate transportation system, a young and rapidly increasing population, and few natural resources. The low educational level of the labor force contributes to a subsistence level of economic activity, high unemployment, and a heavy dependence on foreign grants and technical assistance. Agriculture contributes 40% to GDP, employs 80% of the labor force, and provides most of the exports. Comoros is the world's largest producer of ylang-ylang, and a large producer of vanilla.

The government is struggling to upgrade education and technical training, to privatize commercial and industrial enterprises, to improve health services, to diversify exports, to promote tourism, and to reduce the high population growth rate.

The Comoros claims the Banc du Geyser and the Glorioso Islands as part of its exclusive economic zone.

Comoros is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

Congo

AFRICA

Astride the equator in west-central Africa, this former French colony emerged from 20 years of Marxist-Leninist rule in 1990. Democracy was soon overshadowed by years of violence.

OFFICIAL NAME: Republic of the Congo
DATE OF FORMATION: 1960
CAPITAL: Brazzaville
POPULATION: 3.68 million
TOTAL AREA: 132,046 sq. miles (342,000 sq. km)
DENSITY: 28 people per sq. mile
LANGUAGES: Kongo, Teke, Lingala, French*
RELIGIONS: Traditional 50%, Catholic 25%, Protestant 23%, Muslim 2%
ETHNIC MIX: Bakongo 51%, Teke 17%, other 16%, Mbochi 11%, Mbédé 5%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Congo is located in the central-western part of sub-Saharan Africa, along the Equator, lying between latitudes 4°N and 5°S, and longitudes 11° and 19°E. To the south and east of it is the Democratic Republic of Congo. It is also bounded by Gabon to the west, Cameroon and the Central African Republic to the north, and Cabinda (Angola) to the southwest. It has a short Atlantic coast.

The capital, Brazzaville, is located on the Congo River, in the south of the country, immediately across from Kinshasa, the capital of the Democratic Republic of the Congo.

The southwest of the country is a coastal plain for which the primary drainage is the Kouilou-Niari River; the interior of the country consists of a central plateau between two basins to the south and north. Forests are under increasing exploitation pressure.

In 2006–07, researchers from the Wildlife Conservation Society studied gorillas in heavily forested regions centered on the Ouesso district of the Sangha Region. They suggest a population on the order of 125,000 Western Lowland Gorillas, whose isolation from humans has been largely preserved by inhospitable swamps.

Climate

Since the country is located on the Equator, the climate is consistent year-round, with the average day temperature being a humid 24 °C (75 °F) and nights generally between 16 °C (61 °F) and 21 °C (70 °F). The average yearly rainfall ranges from 1,100 millimetres (43 in) in south in the Niari valley to over 2,000 millimetres (79 in) in central parts of the country. The dry season is from June to August while in the majority of the country the wet season has two rainfall maxima: one in March–May and another in September–November

People & Society

One of the most tribally conscious and heavily urbanized countries in Africa, with most people living in the Brazzaville–Pointe-Noire region. Main tensions are between the Bakongo in the north and the Mbochi in the south. Relative peace
was secured in 1999, and "ninja" rebels in the Pool region, around Brazzaville, signed a peace deal in 2003.

Before the 1997 war, about 9,000 Europeans and other non-Africans lived in Congo, most of whom were French; only a fraction of this number remains. Around 300 American expatriates reside in the Congo. Nearly 2,000 white South African farmers have expressed interest in going to Congo. Pygmies make up between 5-10% of Congo's population.

The people of Republic of the Congo are largely a mix of Catholics and Protestants, who account for 50.5% and 40.2% of the population respectively. The majority of Christians in the country are Catholic, while the remaining comprises various other Christian denominations. Followers of Islam make up 1.3% of the population, and this is primarily due to an influx of foreign workers into the urban centres.

Economy

The economy is a mixture of village agriculture and handicrafts, an industrial sector based largely on petroleum, support services, and a government characterized by budget problems and overstaffing. Petroleum extraction has supplanted forestry as the mainstay of the economy. In 2008, oil sector accounted for 65% of the GDP, 85% of government revenue, and 92% of exports.

In the early 1980s, rapidly rising oil revenues enabled the government to finance large-scale development projects with GDP growth averaging 5% annually, one of the highest rates in Africa. The government has mortgaged a substantial portion of its petroleum earnings, contributing to a shortage of revenues. The January 12, 1994 devaluation of Franc Zone currencies by 50% resulted in inflation of 46% in 1994, but inflation has subsided since.

Economic reform efforts continued with the support of international organizations, notably the World Bank and the International Monetary Fund. The reform program came to a halt in June 1997 when civil war erupted. When Sassou Nguesso returned to power at the end of the war in October 1997, he publicly expressed interest in moving forward on economic reforms and privatization and in renewing cooperation with international financial institutions. However, economic progress was badly hurt by slumping oil prices and the resumption of armed conflict in December 1998, which worsened the republic's budget deficit.

The current administration presides over an uneasy internal peace and faces difficult economic problems of stimulating recovery and reducing poverty, despite record-high oil prices since 2003. Natural gas and diamonds are also recent major Congolese exports, although Congo was excluded from the Kimberley Process in 2004 amid allegations that most of its diamond exports were in fact being smuggled out of the neighboring Democratic Republic of Congo; it was re-admitted to the group in 2007.

The Republic of the Congo also has base metal, gold, iron and phosphate deposits. The country is a member of the Organization for the Harmonization of Business Law in Africa (OHADA). The Congolese government has signed an agreement to lease 200,000 hectares of land to South African farmers to reduce its dependence on imports.

Congo, (DRC)

AFRICA

Lying in east-central Africa, the Democratic Republic of the Congo (DRC) is one of Africa's largest countries, and the scene of one of its worst regional wars.

OFFICIAL NAME: Democratic Republic of the Congo
DATE OF FORMATION: 1960
CAPITAL: Kinshasa
POPULATION: 71 million
TOTAL AREA: 905,563 sq. miles (2,345,410 sq. km)
DENSITY: 75 people per sq. mile
LANGUAGES: Kiswahili, Tshiluba, French*
RELIGIONS: Christian 70%, Kimbanguist 10%, traditional beliefs 10%, Muslim 10%
ETHNIC MIX: Other 55%, Mongo, Luba, Kongo, and Mangbetu-Azande 45%
GOVERNMENT: Presidential system
CURRENCY: Congolese franc = 100 centimes

Geography

The Congo is situated at the heart of sub-Saharan Africa and is bounded by (clockwise from the southwest) Angola, the South Atlantic Ocean, the Republic of Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania across Lake Tanganyika, and Zambia. The country lies between latitudes 6°N and 14°S, and longitudes 12° and 32°E. It straddles the Equator, with one-third to the North and two-thirds to the South. The size of Congo, 2,345,408 square kilometres (905,567 sq mi), is slightly greater than the combined areas of Spain, France, Germany, Sweden, and Norway.

As a result of its equatorial location, the Congo experiences high precipitation and has the highest frequency of thunderstorms in the world. The annual rainfall can total upwards of 80 inches (2,000 mm) in some places, and the area sustains the Congo Rainforest, the second largest rain forest in the world (after that of the Amazon). This massive expanse of lush jungle covers most of the vast, low-lying central basin of the river, which slopes toward the Atlantic Ocean in the west. This area is surrounded by plateaus merging into savannas in the south and southwest, by mountainous terraces in the west, and dense grasslands extending beyond the Congo River in the north. High, glaciated mountains are found in the extreme eastern region.

The tropical climate has also produced the Congo River system which dominates the region topographically along with the rainforest it flows through, though they are not mutually exclusive. The name for the Congo state is derived in part from the river. The river basin (meaning the Congo River and all of its myriad tributaries) occupies nearly the entire country and an area of nearly 1,000,000 km^2 (390,000 sq mi). The river and its tributaries (major offshoots include the Kasai, Sangha, Ubangi, Aruwimi, and Lulonga) form the backbone of Congolese economics and transportation. They have a dramatic impact on the daily lives of the people.

The sources of the Congo are in the highlands and mountains of the East African Rift, as well as Lake Tanganyika and Lake Mweru. The river flows generally west from Kisangani just below Boyoma Falls, then gradually bends southwest, passing by Mbandaka, joining with the Ubangi River, and running into the Pool Malebo (Stanley Pool). Kinshasa and Brazzaville are on opposite sides of the river at the Pool (see NASA image).

Then the river narrows and falls through a number of cataracts in deep canyons (collectively known as the Livingstone Falls), and then running past Boma into the Atlantic Ocean. The river also has the second-largest flow and the second-largest watershed of any river in the world (trailing the Amazon in both respects). The river and a 45 km wide strip of land on its north bank provide the country's only outlet to the Atlantic.

The previously mentioned Great Rift Valley, in particular the Eastern Rift, plays a key role in shaping the Congo's geography. Not only is the northeastern section of the country much more mountainous, but due to the rift's tectonic activities, this area also experiences volcanic activity, occasionally with loss of life. The geologic activity in this area also created the famous African Great Lakes, three of which lie on the Congo's eastern frontier: Lake Albert (known previously as Lake Mobutu), Lake Edward, and Lake Tanganyika.

The Rift Valley has exposed an enormous amount of mineral wealth throughout the south and east of the Congo, making it accessible to mining. Cobalt, copper, cadmium, industrial and gem-quality diamonds, gold, silver, zinc, manganese, tin, germanium, uranium, radium, bauxite, iron ore, and coal are all found in plentiful supply, especially in the Congo's southeastern Katanga region.

On 17 January 2002 Mount Nyiragongo erupted in Congo, with the lava running out at 40 mph (64 km/h) and 50 yards (46 m) wide. One of the three streams of extremely fluid lava flowed through the nearby city of Goma, killing 45 and leaving 120,000 homeless. Four hundred thousand people were evacuated from the city during the eruption. The lava poisoned the water of Lake Kivu, killing fish. Only two planes left the local airport because of the possibility of the explosion of stored petrol. The lava passed the airport but ruined the runway, entrapping several airplanes. Six months after the 2002 eruption, nearby Mount Nyamulagira also erupted. Mount Nyamulagira also erupted in 2006 and again in January 2010. Both of these active volcanos are located within the boundaries of Virunga National Park.

Climate

Tropical and humid. Distinct wet and dry seasons south of the equator. The north is mainly wet.

People & Society

There are 12 main ethnic groups and around 190 smaller ones. The indigenous forest pygmies, victimized in the war, are now a marginalized group. Civil war from 1996 drew neighboring countries into a bloody conflict. Tentative peace in 2003 was soon undermined by rebels in the east.

The United Nations Committee on the Elimination of All Forms of Discrimination against Women in 2006 expressed concern that in the post-war transition period, the promotion of women's human rights and gender equality is not seen as a priority.

In eastern Congo, the prevalence and intensity of rape and other sexual violence is described as the worst in the world. A 2006 report by the African Association for the Defence of Human Rights prepared for that committee provides a broad overview of issues confronting women in the DRC in law and in daily life.

The war has made the life of women more precarious. Violence against women seems to be perceived by large sectors of society to be normal. In July 2007, the International Committee of the Red Cross expressed concern about the situation in eastern DRC. A phenomenon of 'pendulum displacement' has developed, where people hasten at night to safety. According to the UN Special Rapporteur on Violence, Yakin Ertürk, who toured eastern Congo in July 2007, violence against women in North and South Kivu included 'unimaginable brutality'. 'Armed groups attack local communities, loot, rape, kidnap women and children, and make them work as sexual slaves,' Ertürk said.

In December 2008 GuardianFilms of The Guardian newspaper released a film documenting the testimony of over 400 women and girls who had been abused by marauding militia.

In June 2010, UK aid group Oxfam reported a dramatic increase in the number of rapes occurring in the Democratic Republic of the Congo. While researchers from Harvard discovered that rapes committed by civilians had increased by seventeenfold.

Economy

Although citizens of the DRC are among the poorest in the world, having the second lowest nominal GDP per capita, the Democratic Republic of Congo is widely considered to be the richest country in the world regarding natural resources; its untapped deposits of raw minerals are estimated to be worth in excess of US$ 24 trillion.

The economy of the Democratic Republic of the Congo, a nation endowed with resources of vast potential wealth, has declined drastically since the mid-1980s. At the time of its independence in 1960, DRC was the second most industrialized country in Africa after South Africa, it boasted a thriving mining sector and its agriculture sector was relatively productive. The two recent conflicts (the First and Second Congo Wars), which began in 1996, have dramatically reduced national output and government revenue, have increased external debt, and have resulted in deaths of more than five million people from war, and associated famine and disease. Malnutrition affects approximately two thirds of the country's population.

Foreign businesses have curtailed operations due to uncertainty about the outcome of the conflict, lack of infrastructure, and the difficult operating environment. The war has intensified the impact of such basic problems as an uncertain legal framework, corruption, inflation, and lack of openness in government economic policy and financial operations.

Conditions improved in late 2002 with the withdrawal of a large portion of the invading foreign troops. A number of International Monetary Fund and World Bank missions have met with the government to help it develop a coherent economic plan, and President Joseph Kabila has begun implementing reforms. Much economic activity lies outside the GDP data. A United Nations Human Development Index report shows human development to be one of the worst in decades.

The economy of the third largest country in Africa relies heavily on mining. However, the smaller-scale economic activity occurs in the informal sector and is not reflected in GDP data. The largest mines in the Congo are located in the Shaba province, in the South. The Congo is the world's largest producer of cobalt ore, and a major producer of copper and industrial diamonds, the latter coming from the Kasai province in the West. The Congo has 70% of the world's coltan, and more than 30% of the world's diamond reserves., mostly in the form of small, industrial diamonds. The coltan is a major source of tantalum, which is used in the fabrication of electronic components in computers and mobile phones. In 2002, tin was discovered in the east of the country, but, to date, mining has been on a small scale. Smuggling of the conflict minerals, coltan and cassiterite (ores of tantalum and tin, respectively), has helped fuel the war in the Eastern Congo. Katanga Mining Limited, a Swiss-owned company, owns the Luilu Metallurgical Plant, which has a capacity of 175,000 tonnes of copper and 8,000 tonnes of cobalt per year, making it the largest cobalt refinery in the world. After a major rehabilitation program, the company restarted copper production in December 2007 and cobalt production in May 2008. The Democratic Republic of Congo also possesses 50 percent of Africa's forests and a river system that could provide hydro-electric power to the entire continent, according to a U.N. report on the country's strategic significance and its potential role as an economic power in central Africa. It has one of the twenty last ranks among the countries on the Corruption Perception Index.

In 2007, The World Bank decided to grant the Democratic Republic of Congo up to $1.3 billion in assistance funds over the next three years.

The Democratic Republic of Congo is in the process of becoming a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

Costa Rica

NORTH & CENTRAL AMERICA

Costa Rica, Central America's most stable country, is rich in pristine scenery and exotic wildlife. Its neutrality in foreign affairs is long-standing, but it has strong ties with the US.

OFFICIAL NAME: Republic of Costa Rica
DATE OF FORMATION: 1838
CAPITAL: San José
POPULATION: 4.6 million
TOTAL AREA:19,730 sq. miles (51,100 sq. km)
DENSITY: 232 people per sq. mile
LANGUAGES: Spanish*, English Creole, Bribri, Cabecar
RELIGIONS: Roman Catholic 76%, other (including Protestant) 24%
ETHNIC MIX: Mestizo and European 96%, Black 2%, Chinese 1%, Amerindian 1%
GOVERNMENT: Presidential system
CURRENCY: C.R. colón = 100 céntimos

Geography

Costa Rica is located on the Central American isthmus, lying between latitudes 8° and 12°N, and longitudes 82° and 86°W. It borders the Caribbean Sea (to the east) and the Pacific Ocean (to the west), with a total of 1,290 kilometres (800 mi) of coastline, 212 km (132 mi) on the Caribbean coast and 1,016 km (631 mi) on the Pacific.

Costa Rica also borders Nicaragua to the north (309 km or 192 mi of border) and Panama to the south-southeast (639 km or 397 mi of border). In total, Costa Rica comprises 51,100 square kilometres (19,700 sq mi) plus 589 square kilometres (227 sq mi) of territorial waters.

The highest point in the country is Cerro Chirripó, at 3,819 metres (12,530 ft); it is the fifth highest peak in Central America. The highest volcano in the country is the Irazú Volcano (3,431 m or 11,257 ft). The largest lake in Costa Rica is Lake Arenal.

Costa Rica also comprises several islands. Cocos Island (24 square kilometres / 9.3 square miles) stands out because of its distance from continental landmass, 300 mi (480 km) from Puntarenas, but Calero Island is the largest island of the country (151.6 square kilometres / 58.5 square miles). Over 25% of Costa Rica's national territory is protected by SINAC (the National System of Conservation Areas), which oversees all of the country's protected areas. Costa Rica also possesses the greatest density of species in the world.

Climate

Because Costa Rica is located between eight and 12 degrees north of the Equator, the climate is tropical year round. However, the country has many microclimates depending on elevation, rainfall, topography, and by the geography of each particular region.

Costa Rica's seasons are defined by how much rain falls during a particular period and not to the four seasons in the Northern Hemisphere. The year can be split into two periods, the dry season known to the residents as summer, and the rainy season, known locally as winter. The "summer" or dry season goes from December to April, and "winter" or rainy season goes from May to November, which almost coincides with the Atlantic hurricane season, and during this time, it rains constantly in some regions.

The location receiving the most rain is the Caribbean slopes of the Central Cordillera mountains, with an annual rainfall of over 5,000 mm (196.9 in). Humidity is also higher on the Caribbean side than on the Pacific side. The mean annual temperature on the coastal lowlands is around 27 °C (81 °F), 20 °C (68 °F) in the main populated areas of the Central Cordilera, and below 10 °C (50 °F) on the summits of the highest mountains

People & Society

Most people are mestizo, of partly Spanish origin. There is a black, Englishspeaking minority and around 35,000 indigenous Amerindians. Plantation owners are the wealthiest group, while one in six people live in poverty. Nonetheless, living standards are high for the region, and education and healthcare provision is good.

Costa Rica hosts many refugees, mainly from Colombia and Nicaragua. As a result of that and illegal immigration, an estimated 10–15% (400,000–600,000) of the Costa Rican population is made up of Nicaraguans. Some Nicaraguans migrate for seasonal work opportunities and then return to their country. Costa Rica took in many refugees from a range of other Latin American countries fleeing civil wars and dictatorships during the 1970s and 80s, notably from Chile and Argentina, as well as people from El Salvador who fled from guerrillas and government death squads.

According to the World Bank, in 2010 about 489,200 immigrants lived in the country, mainly from Nicaragua, Panama, El Salvador, Honduras, Guatemala, and Belize, while 125,3060 Costa Ricans live abroad in the United States, Panama, Nicaragua, Spain, Mexico, Canada, Germany, Venezuela, Dominican Republic, and Ecuador.

Economy

According to the World Bank, Costa Rica's GDP per capita is US$11,122 PPP (as of 2009); however, this developing country still faces the fourth-highest inflation rate in Latin America, lack of maintenance and new investment in infrastructure, a poverty rate estimated to be 5% to 8%, a 7.8% unemployment rate (2009 est.), and a trade deficit of 5.2%. For the fiscal year 2007, the country showed a government surplus. Economic growth in 2008 diminished to a 3% increase in the face of a global recession (down from 7% and 9% growth in the prior two years).

Costa Rica's inflation rate was an estimated 9.3% in 2007 and increased to 13.9% in 2008, Latin America's fourth-highest inflation rate for both years. On October 16, 2006, a new currency exchange system was introduced, allowing the value of the CRC colón to float between two bands as done previously by Chile. This policy's objective was to allow the Central Bank to be able to better tackle inflation and discourage the use of U.S. dollars. However, as of August 2009, the value of the colón against the dollar has decreased to 86% of its late-2006 value (see commonly available forex trading charts). The unit of currency is the colón, and as of October 2010, it trades around 507 to the U.S. dollar, and about 705 colones to the euro.

The central government offers tax exemptions for those willing to invest in the country. Several global high tech corporations have already started developing in the area and are exporting goods, including chip manufacturer Intel, pharmaceutical company GlaxoSmithKline, and consumer products company Procter & Gamble. In 2006, Intel's microprocessor facility alone was responsible for 20% of Costa Rican exports and 4.9% of the country's GDP. Trade with Southeast Asia and Russia boomed during 2004 and 2005, and the country obtained full Asia-Pacific Economic Cooperation Forum (APEC) membership in 2007 after becoming an observer in 2004. The Financial Times Intelligent Unit awarded Costa Rica with the fDi's Caribbean and Central American Country of the Future 2011/12 for its successful record in attracting FDI into the country, and being the number one destination country in the region in terms of foreign direct investment (FDI) project numbers since 2003.

In recent times, pharmaceuticals, financial outsourcing, software development, and ecotourism have become the prime industries in Costa Rica's economy. High levels of education among its residents make the country an attractive investing location. Since 1999, tourism earns more foreign exchange than the combined exports of the country's three main cash crops: bananas, pineapples and coffee. Coffee production has played a key role in Costa Rica's history and economy, and by 2006, was the third cash crop export.

The largest coffee growing areas are in the provinces of San José, Alajuela, Heredia, Puntarenas, and Cartago. Costa Rica is famous for its gourmet coffee beans, with Costa Rican Tarrazú among the finest arabica coffee beans in the world used for making espresso coffee, together with Jamaican Blue Mountain, Guatemalan Antigua and Ethiopian Sidamo.

Costa Rica's location provides access to American markets as it has the same time zone as the central part of the United States and direct ocean access to Europe and Asia. In a countrywide referendum on October 5, 2007, the voters of Costa Rica narrowly backed a free trade agreement, with 51.6% of "Yes" votes.

With a $2.2 billion per year tourism industry, Costa Rica is the most visited nation in the Central American region, with two million foreign visitors in 2008, which translates into a relatively high expenditure per tourist of $1,077 per trip, one of the highest in the Caribbean Basin. In 2008, most visitors came from the United States (38.6%), neighboring Nicaragua (21.8%), Europe (11.3%) and Canada (5.2%). In 2005, tourism contributed 8.1% of the country's GNP, and represented 13.3% of direct and indirect employment. Tourism now earns more foreign exchange than bananas and coffee combined.

Ecotourism draws many tourists to visit the extensive national parks and protected areas around the country. Costa Rica was a pioneer in this type of tourism, and the country is recognized as one of the few with true ecotourism. In terms of the 2011 Travel and Tourism Competitiveness Index, Costa Rica ranked 44th in the world and second among Latin American countries after Mexico. Considering its subindex natural resources, Costa Rica ranks sixth worldwide in the natural resources pillar, but 104th in terms of its cultural resources due to the country's limited number of cultural sites.

Costa Rica has also developed a system of payments for environmental services. Similarly, Costa Rica has a tax on water pollution to penalize businesses and homeowners that dump sewage, agricultural chemicals, and other pollutants into waterways. In May 2007, the Costa Rican government announced its intentions to become 100 percent carbon neutral before 2030. As of 2010, Costa Rica is well on its way towards accomplishing this goal, currently producing 90 percent of its electricity through renewable sources.

In 1996, the Forest Law was enacted to provide direct financial incentives to landowners for the provision of environmental services. This helped reorient the forestry sector away from commercial timber production and the resulting deforestation, and helped create awareness of the services it provides for the economy and society (i.e. carbon fixation, hydrological services such as producing fresh drinking water, biodiversity protection, and provision of scenic beauty).

Côte d'Ivoire (Ivory Coast)

AFRICA

One of the larger nations along the coast of west Africa, Côte d'Ivoire is the world's biggest cocoa producer. An image of stability was rocked by civil war in 2002–2005.

OFFICIAL NAME: Republic of Côte d'Ivoire
DATE OF FORMATION: 1960
CAPITAL: Yamoussoukro
POPULATION: 20.6 million
TOTAL AREA: 124,502 sq. miles (322,460 sq. km)
DENSITY: 172 people per sq. mile
LANGUAGES: Akan, French*, Krou, other
RELIGIONS: Muslim 38%, Christian 31%, traditional beliefs 25%, other 6%
ETHNIC MIX: Akan 42%, Voltaïque 18%, Mandé du Nord 17%, Krou 11%, other 12%
GOVERNMENT: Transitional regime
CURRENCY: CFA franc = 100 centimes

Geography

Côte d'Ivoire (the Ivory Coast) is a sub-Saharan nation in southern West Africa located at 8 00°N, 5 00°W. The country is shaped like a square and borders the Gulf of Guinea on the north Atlantic Ocean to the south (515 km of coastline) and five other African nations on the other three sides, with a total of 3,110 km of borders: Liberia to the southwest (716 km), Guinea to the northwest (610 km), Mali to the north-northwest (532 km), Burkina Faso to the north-northeast, and Ghana to the east (668 km). In total, Côte d'Ivoire comprises 322,460 km^2, of which 318,000 km^2 is land and 4,460 km^2 is water, which makes the country slightly larger than the U.S. state of New Mexico, or about the size of Germany.

Côte d'Ivoire's terrain can generally be described as a large plateau rising gradually from sea level in the south to almost 500 m elevation in the north. The nation's natural resources have made it into a comparatively prosperous nation in the African economy. The southeastern region of Côte d'Ivoire is marked by coastal inland lagoons that starts at the Ghanaian border and stretch 300 km (186 mi) along the eastern half of the coast. The southern region, especially the southwest, is covered with dense tropical moist forest. The Eastern Guinean forests extend from the Sassandra River across the south-central and southeast portion of Côte d'Ivoire and east into Ghana, while the Western Guinean lowland forests extend west from the Sassandra River into Liberia and southeastern Guinea. The mountains of Dix-Huit Montagnes region, in the west of the country near the border with Guinea and Liberia, are home to the Guinean montane forests.

The Guinean forest-savanna mosaic belt extends across the middle of the country from east to west, and is the transition zone between the coastal forests and the interior savannas. The forest-savanna mosaic interlaces forest, savanna and grassland habitats. Northern Côte d'Ivoire is part of the West Sudanian Savanna ecoregion of the Tropical and subtropical grasslands, savannas, and shrublands biome. It is a zone of lateritic or sandy soils, with vegetation decreasing from south to north.

The terrain is mostly flat to undulating plains, with mountains in the northwest. The lowest elevation in Côte d'Ivoire is at sea level on the coasts. The highest elevation is Mount Nimba, at 1,752 metres (5,748 ft) in the far west of the country along the border with Guinea and Liberia.

Climate

The climate of Côte d'Ivoire is generally warm and humid, ranging from equatorial in the southern coasts to tropical in the middle and semiarid in the far north. There are three seasons: warm and dry (November to March), hot and dry (March to May), and hot and wet (June to October). Temperatures average between 25 and 32 °C (77 and 89.6 °F) and range from 10 to 40 °C (50 to 104 °F).

People & Society

There are over 60 tribes; the largest is the Baoulé (an Akan group). Southern Christians harbor resentment against non-Ivorian Muslims in the north. Plantations employ millions of migrant workers (including children), though thousands fled back to Burkina during the civil war. Rebels joined a transitional government in 2007.

Life expectancy at birth was 41 for males in 2004; for females it was 47. Infant mortality was 118 of 1000 live births. There are 12 physicians per 100,000 people. About a quarter of the population lives below the international poverty line of US$1.25 a day.

Economy

The Ivorian economy is largely market based and depends heavily on the agricultural sector. Almost 70% of the Ivorian people are engaged in some form of agricultural activity. Côte d'Ivoire is among the world's largest producers and exporters of coffee, cocoa beans, and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products and to weather conditions. Despite attempts by the government to diversify the economy, it is still largely dependent on agriculture and related activities.

GDP per capita grew 82% in the 1960s, reaching a peak growth of 360% in the 1970s. But this proved unsustainable and it shrank by 28% in the 1980s and a further 22% in the 1990s. This coupled with high population growth resulted in a steady fall in living standards. Gross national product per capita, now rising again, was about US$ $727 in 1996. (It was substantially higher two decades ago.) After several years of lagging performance, the Ivorian economy began a comeback in 1994, due to the devaluation of the CFA franc and improved prices for cocoa and coffee, growth in non-traditional primary exports such as pineapples and rubber, limited trade and banking liberalization, offshore oil and gas discoveries, and generous external financing and debt rescheduling by multilateral lenders and France. The 50% devaluation of franc zone currencies on 12 January 1994 caused a one-time jump in the inflation rate to 26% in 1994, but the rate fell sharply in 1996-1999. Moreover, government adherence to donor-mandated reforms led to a jump in growth to 5% annually in 1996-99. A majority of the population remains dependent on smallholder cash crop production. Principal exports are cocoa, coffee, and tropical woods. Principal U.S. exports to Côte d'Ivoire are rice and wheat, plastic materials and resins, Kraft paper, agricultural chemicals, telecommunications, and oil and gas equipment. Principal U.S. imports are cocoa and cocoa products, petroleum, rubber, and coffee.

Much of the country lies within tsetse-infested areas, and cattle are therefore concentrated in the more northerly districts. In 2004 there were an estimated 1,460,000 head of cattle (compared with 383,000 in 1968), 1,192,000 goats, 1,523,000 sheep, and 342,700 hogs. There are 33 million chickens; 31,214 tons of eggs were produced in 2004. Milk production is small and there are no processing facilities so the milk is consumed fresh; production in 2004 was 25,912 tons.

In 2004, meat productions included (in tons): beef, 52,200; poultry, 69,300; pork, 11,760; and sheep and goat, 9,429. Nomadic production accounts for around half of cattle herds and is mainly undertaken by non-Ivoirian herders. Settled herders are concentrated in the dry north, mainly in Korhogo, Ferkessedougon, Bouna, Boundali, Odienne, and Dabakala. Sheep and goat rearing is a secondary activity for many herders. Pork production is periodically affected by African swine fever; potential increases are limited by the fact that Muslims account for 40 percent of the population.

There are three types of forest in Côte d'Ivoire: rain forest, deciduous forest, and the secondary forest of the savanna region. Total forest area in 2000 was 7,117,000 hectares; the natural rain forest constitutes the main forest area, as only 184,000 hectares (455,000 acres) are planted forests. In 1983, the government acknowledged that the nation's forest area, which totalled approximately 16 million hectares at independence in 1960, had dwindled to about 4 million hectares. However, the deforestation rate still averaged 3.1 percent during 1990–2000. The lingering political instability since the outbreak of hostilities in 2002 has contributed to illegal logging and increased deforestation.

The forested area is divided into two zones, the Permanent Domain (PD) and the Rural Domain (RD). The PD consists of classified forests, national parks, and forest areas. This includes major forested areas made up of 231 classified forest areas, 9 national parks and 3 forest reserves, 7 semi-classified forests, and 51 unclassified forests. The total area of the national parks and reserves is 1,959,203 hectares. Forest exploitation activities are prohibited in the classified forest areas, which cover an estimated 4,196,000 hectares. However, for maintenance purposes, limited logging is permitted occasionally in classified forests, which amounted to 148,271 cu m in 2003. These forests are spread throughout the country in three zones: 31.8 percent in the humid dense forest in the south, 30.5 percent in the semi-deciduous forests of central Côte d'Ivoire, and 33.7 percent in the savannah forests in the north. The RD, where logging is permitted, covers 66 percent of the total land area of Côte d'Ivoire. However, the effective area for forestry production is estimated at 2.9 million hectares.

Croatia

EUROPE

Though it was controlled by Hungary from medieval times and was a part of the Yugoslav state for much of the 20th century, Croatia has a very strong national identity.

OFFICIAL NAME: Republic of Croatia
DATE OF FORMATION: 1991
CAPITAL: Zagreb
POPULATION: 4.29 million
TOTAL AREA: 21,831 sq. miles (56,542 sq. km)
DENSITY: 202 people per sq. mile
LANGUAGES: Croatian
RELIGIONS: Roman Catholic 88%, other 7%, Orthodox Christian 4%, Muslim 1%
ETHNIC MIX: Croat 90%, other 5%, Serb 5%
GOVERNMENT: Parliamentary system
CURRENCY: Kuna = 100 lipa

Geography

Croatia is located in Southeast Europe bordering Bosnia and Herzegovina and Serbia in the east, Slovenia in the west, Hungary in the north and Montenegro in the south. It lies mostly between latitudes 42° and 47° N and longitudes 13° and 20° E. Part of the territory in the extreme south is separated from the rest of the mainland by a short coastline strip belonging to Bosnia and Herzegovina around Neum.

The territory covers 56,594 km^2 (21,851 sq mi), consisting of 56,414 km^2 (21,782 sq mi) of land and 128 km^2 (49 sq mi) of water. It is the 27th largest European country and the 127th largest in the world. Elevation ranges from the mountains of the Dinaric Alps (highest point: the Dinara peak at 1,831 metres / 6,007 feet) near the border with Bosnia and Herzegovina in the south to the shore of the Adriatic Sea which makes up its entire south-west border.

The hilly northern parts of Hrvatsko Zagorje and the flat plains of Slavonia in the east (which is part of the Pannonian Basin) are traversed by major rivers such as Sava, Drava and Kupa and Danube. The Danube, Europe's second longest river, runs through the city of Vukovar in the extreme east and forms part of the border with Serbia. The central and southern regions near the Adriatic coastline and islands consist of low mountains and forested highlands. Significant natural resources include oil, coal, bauxite, low-grade iron ore, calcium, gypsum, natural asphalt, silica, mica, clays, salt and hydropower.

Insular Croatia consists of over one thousand islands varying in size. The largest islands in Croatia are Cres and Krk.

Karst topography makes up more than 50% of Croatia and is especially obvious in the area south of Karlovac. There are 49 caves deeper than 250 m (820.21 ft) in Croatia, with 14 of them deeper than 500 m (1,640.42 ft) and three deeper than 1,000 m (3,280.84 ft) (the Lukina jama-Trojama, Slovacka jama and Velebita cave systems).

Croatia's most famous lakes are the Plitvice lakes, a system of 16 lakes with waterfalls connecting them over dolomite and limestone cascades. The lakes are renowned for their distinctive colours, ranging from azure to green, grey or blue.

Climate

Croatia has a mixture of climates. In the north and east it is continental, Mediterranean along the coast and a semi-highland and highland climate in the south-central region. Istra has a temperate climate, while the Palagruža archipelago is home to a subtropical climate.

People & Society

Croats are distinguished from Bosniaks and Serbs by their Roman Catholic faith and use of the Latin alphabet. Many Serbs fled Croatia during the early 1990s conflict that accompanied Yugoslavia's breakup. Minority rights and fighting organized crime are key issues in the quest for EU membership by 2011.

Croatia is inhabited mostly by Croats (89.6%), while minority groups include Serbs (4.5%), Bosniaks, Hungarians, Italians, Slovenes, Germans, Czechs, Romani people and others (5.9%). For most of the 20th century, the population of Croatia has been rising from 3,430,270 in 1931 to 4,784,265 in 1991. The natural growth rate of the population is currently negative with the demographic transition completed in the 1970s.

Average life expectancy is 75.1 years, and the literacy rate is 98.1 percent. During recent years, the Croatian government is pressured each year to add 40% to work permit quotas for foreign workers and in accordance with its immigration policy it is trying to entice emigrants to return. The main religions of Croatia are Roman Catholic 88%, Orthodox 4.4%, other Christian 0.4%, Muslim 1.3%, other and unspecified 0.9%, none 5.2%.

Economy

Privatization and the drive toward a market economy had barely begun under the new Croatian Government when war broke out in 1991. As a result of the war, the economic infrastructure sustained massive damage, particularly the revenue-rich tourism industry. From 1989 to 1993, GDP fell 40.5%. With the end of the war in 1995, tourism and Croatia's economy recovered moderately. However, corruption, cronyism, and a general lack of transparency stymied meaningful economic reform, as well as much-needed foreign investment.

Croatia's economy turned the corner in 2000 as tourism rebounded. The economy expanded in 2002, stimulated by a credit boom led by newly privatized and foreign-capitalized banks, some capital investment, most importantly road construction, further growth in tourism, and gains by small and medium-sized private enterprises.

Croatia has a high-income market economy. International Monetary Fund data shows that Croatian nominal GDP stood at $69.357 billion, or $15,633 per capita, at the same time in 2008 purchasing power parity GDP was $82.407 billion or $18,575 per capita.

According to Eurostat data, Croatian PPS GDP per capita stood at 63.2 percent of the EU average in 2008. Real GDP growth in 2007 was 6.0 per cent. and at the same time average gross salary of a Croatian worker during the first nine months of 2008 was 7,161 kuna (US$ 1,530) per month In 2007, the International Labour Organization-defined unemployment rate stood at 9.1 per cent, after falling steadily from 14.7 percent in 2002. The registered unemployment rate is higher, though, standing at 13.7 percent in December 2008.

In 2009, economic output was dominated by the service sector which accounted for 73,6% percent of GDP, followed by the industrial sector with 20,5% and agriculture accounting for 5,9% of GDP. According to 2004 data, 2.7% of the workforce were employed in agriculture, 32.8% by industry and 64.5 in services.

The industrial sector is dominated by shipbuilding, food processing, pharmaceuticals, information technology, biochemical and timber industry. Tourism is a notable source of income during the summers, with over 11 million foreign tourists in 2008 generating a revenue of €8 billion. Croatia is ranked as the 18th most popular tourist destination in the world. In 2008, Croatia exported goods to the value of $14.4 billion (FOB) ($26.4 billion including service exports).

The Croatian state still controls a significant part of the economy, with government expenditure accounting for as much as 40% of GDP. Some large, state-owned industries, such as the country's shipyards, continue to rely on government subsidies but with EU membership looming, Croatia is forced to restructure debt ridden shipyards as it is a prerequisites for Croatia before it joins the EU. Subsidies for loss making industries also reduce needed investments in to education and technology needed to ensure the economy's long-term competitiveness.

Of particular concern is the backlogged judiciary system, combined with inefficient public administration, especially issues of land ownership and corruption. Another main problem includes the large and growing national debt which has reached over 34 billion euro or 89.1% of the nations gross domestic product. Because of these problems, studies show that the population of Croatia generally has negative expectations of the country's economic future.

Croatia has so far weathered the global financial crisis reasonably well, but faces significant challenges in 2010 largely due to Croatia's external imbalances and high foreign debt, which in longer term presents problems for Croatian financial sector due to higher cost of borrowing to cover current account deficit.

The country has been preparing for membership in the European Union, its most important trading partner. In February 2005, the Stabilisation and Association Agreement with the EU officially came into force and by the end of 2009 Croatia has closed 17 EU accessions chapters, with remaining 16 to be completed by the end of first half of 2010. Croatia is expected to join the EU on 1 July 2013.

Cuba

NORTH & CENTRAL AMERICA

A former Spanish colony, Cuba is the largest island in the Caribbean. It became the only communist country in the Americas after Fidel Castro seized power in 1959.

OFFICIAL NAME: Republic of Cuba
DATE OF FORMATION: 1902
CAPITAL: Havana
POPULATION: 11.2 million
TOTAL AREA: 42,803 sq. miles (110,860 sq. km)
DENSITY: 262 people per sq. mile
LANGUAGES: Spanish
RELIGIONS: Nonreligious 49%, Roman Catholic 40%, atheist 6%, other 4%, Protestant 1%
ETHNIC MIX: White 66%, European–African 22%, Black 12%
GOVERNMENT: One-party state
CURRENCY: Cuban peso = 100 centavos

Geography

Cuba is an archipelago of islands located in the northern Caribbean Sea at the confluence with the Gulf of Mexico and the Atlantic Ocean. It lies between latitudes 19° and 24°N, and longitudes 74° and 85°W. The United States lies to the north-west, the Bahamas to the north, Haiti to the east, Jamaica and the Cayman Islands to the south, and Mexico to the west. Cuba is the principal island, surrounded by four smaller groups of islands: the Colorados Archipelago on the northwestern coast, the Sabana-Camagüey Archipelago on the north-central Atlantic coast, the Jardines de la Reina on the south-central coast and the Canarreos Archipelago on the southwestern coast.

The main island is 1,199 km (745 mi) long, constituting most of the nation's land area (105,006 km^2 (40,543 sq mi)) and is the largest island in the Caribbean and 16th-largest island in the world by land area. The main island consists mostly of flat to rolling plains apart from the Sierra Maestra mountains in the southeast, whose highest point is Pico Turquino (1,975 m (6,480 ft)). The second-largest island is Isla de la Juventud (Isle of Youth) in the Canarreos archipelago, with an area of 3,056 km^2 (1,180 sq mi). Cuba has a total land area of 110,860 km^2 (42,803 sq mi).

The most important mineral resource is nickel, of which Cuba has the world's second largest reserves (after Russia). Sherritt International of Canada operates a large nickel mining facility in Moa. Cuba is the world's fifth-largest producer of refined cobalt, a byproduct of nickel mining operations. Recent oil exploration has revealed that the North Cuba Basin could produce approximately 4.6 billion barrels (730,000,000 m3) to 9.3 billion barrels (1.48×109 m3) of oil. In 2006, Cuba started to test-drill these locations for possible exploitation.

Climate

The local climate is tropical, moderated by northeasterly trade winds that blow year-round. In general (with local variations), there is a drier season from November to April, and a rainier season from May to October. The average temperature is 21 °C (69.8 °F) in January and 27 °C (80.6 °F) in July. The warm temperatures of the Caribbean Sea and the fact that Cuba sits across the entrance to the Gulf of Mexico combine to make the country prone to frequent hurricanes. These are most common in September and October.

People & Society

The Castro regime has reduced formerly extreme wealth disparities, given education a high priority, and established an efficient health service. Political dissent, however, is not tolerated. A dramatic fall in living standards since the late 1980s has led thousands of Cubans to flee to the US, to seek asylum. About 70% of Cubans are of Spanish descent. There is little ethnic tension.

Immigration and emigration have played a prominent part in the demographic profile of Cuba during the 20th century. During the 18th, 19th, and the early part of the 20th century large waves of Canarian, Catalan, Andalusian, Galician, and other Spanish people immigrated to Cuba. Between 1900 and 1930 close to a million Spaniards arrived from Spain. Other foreign immigrants include: French, Portuguese, Italian, Russian, Dutch, Greek, British, Irish, and other ethnic groups, including a small number of descendants of U.S. citizens who arrived in Cuba in the late 19th and early 20th centuries.

Cuba has a sizable number of Asian people who comprise 1% of the population. They are primarily of Chinese descent (see Chinese Cubans), followed by Filipino, Koreans and Vietnamese people. They are descendants of farm laborers brought to the island by Spanish and American contractors during the 19th and early 20th century. Afro-Cubans are descended primarily from the Kongo people, as well as several thousand North African refugees, most notably the Sahrawi Arabs of Western Sahara under Moroccan occupation since 1976.

Cuba's birth rate (9.88 births per thousand population in 2006) is one of the lowest in the Western Hemisphere. Its overall population increased continuously from around 7 million in 1961 to over 11 million now, but the increase has stopped in the last few decades, and a decrease began in 2006, with a fertility rate of 1.43 children per woman. This drop in fertility is among the largest in the Western Hemisphere. Cuba has unrestricted access to legal abortion and an abortion rate of 58.6 per 1000 pregnancies in 1996, compared to an average of 35 in the Caribbean, 27 in Latin America overall, and 48 in Europe. Contraceptive use is estimated at 79% (in the upper third of countries in the Western Hemisphere)

Economy

The Cuban state adheres to socialist principles in organizing its largely state-controlled planned economy. Most of the means of production are owned and run by the government and most of the labor force is employed by the state. Recent years have seen a trend towards more private sector employment. By 2006, public sector employment was 78% and private sector 22%, compared to 91.8% to 8.2% in 1981. Capital investment is restricted and requires approval by the government. The Cuban government sets most prices and rations goods. Any firm wishing to hire a Cuban must pay the Cuban government, which in turn will pay the employee in Cuban pesos. Cubans can not change jobs without government permission. The average wage at the end of 2005 was 334 regular pesos per month ($16.70 per month) and the average pension was $9 per month.

Cuba relied heavily on trade with the Soviet Union. From the late 1980s, Soviet subsidies for Cuban goods started to dry up. Before the collapse of the Soviet Union, Cuba depended on Moscow for substantial aid and sheltered markets for its exports. The removal of these subsidies sent the Cuban economy into a rapid depression known in Cuba as the Special Period. In 1992 the United States tightened the trade embargo, hoping to see democratisation of the sort that took place in Eastern Europe.

Like some other Communist and post-Communist states following the collapse of the Soviet Union, Cuba took limited free market-oriented measures to alleviate severe shortages of food, consumer goods, and services. These steps included allowing some self-employment in certain retail and light manufacturing sectors, the legalization of the use of the US dollar in business, and the encouragement of tourism. Cuba has developed a unique urban farm system (the organopónicos) to compensate for the end of food imports from the Soviet Union. In recent years, Cuba has rolled back some of the market oriented measures undertaken in the 1990s. In 2004 Cuban officials publicly backed the Euro as a "global counter-balance to the US dollar", and eliminated U.S. currency from circulation in its stores and businesses.

Tourism was initially restricted to enclave resorts where tourists would be segregated from Cuban society, referred to as "enclave tourism" and "tourism apartheid". Contacts between foreign visitors and ordinary Cubans were de facto illegal until 1997. In 1996 tourism surpassed the sugar industry as the largest source of hard currency for Cuba. Cuba has tripled its market share of Caribbean tourism in the last decade; as a result of significant investment in tourism infrastructure, this growth rate is predicted to continue. 1.9 million tourists visited Cuba in 2003, predominantly from Canada and the European Union, generating revenue of $2.1 billion. The rapid growth of tourism during the Special Period had widespread social and economic repercussions in Cuba, and led to speculation about the emergence of a two-tier economy. The Medical tourism sector caters to thousands of European, Latin American, Canadian, and American consumers every year.

The communist agricultural production system was ridiculed by Raúl Castro in 2008. Cuba now imports up to 80% of food used for rations. Before 1959, Cuba boasted as many cattle as people.

For some time, Cuba has been experiencing a housing shortage because of the state's failure to keep pace with increasing demand. The government instituted food rationing policies in 1962, which were exacerbated following the collapse of the Soviet Union and the tightening of the U.S. embargo. Studies have shown that, as late as 2001, the average Cuban's standard of living was lower than before the downturn of the post-Soviet period. Paramount issues have been state salaries failing to meet personal needs under the state rationing system, chronically plagued with shortages. The variety and quantity of available rationed goods declined.

Under Venezuela's Mission Barrio Adentro, Hugo Chávez has supplied Cuba with up to 80,000 barrels (13,000 m3) of oil per day in exchange for 30,000 doctors and teachers.

In 2005 Cuba had exports of $2.4 billion, ranking 114 of 226 world countries, and imports of $6.9 billion, ranking 87 of 226 countries. Its major export partners are China 27.5%, Canada 26.9%, Netherlands 11.1%, Spain 4.7% (2007). Cuba's major exports are sugar, nickel, tobacco, fish, medical products, citrus, and coffee; imports include food, fuel, clothing, and machinery. Cuba presently holds debt in an amount estimated to be $13 billion, approximately 38% of GDP. According to the Heritage Foundation, Cuba is dependent on credit accounts that rotate from country to country. Cuba's prior 35% supply of the world's export market for sugar has declined to 10% due to a variety of factors, including a global sugar commodity price drop that made Cuba less competitive on world markets. At one time, Cuba was the world's most important sugar producer and exporter. As a result of diversification, underinvestment, and natural disasters, Cuba's sugar production has seen a drastic decline. In 2002 more than half of Cuba's sugar mills were shut down. Cuba holds 6.4% of the global market for nickel, which constitutes about 25% of total Cuban exports. A 2005 US Geological Survey report estimates that the North Cuba Basin could contain 4.6 billion barrels of oil and 9.8 trillion cubic feet of natural gas.

In 2010, Cubans were allowed to build their own houses. According to Raul Castro, they will be able to improve their houses with this new permission, but the government will not endorse these new houses or improvements.

On August 2, 2011, The New York Times reported Cuba as reaffirming their intent to legalize "buying and selling" of private property before the year ends. According to experts, the private sale of property could "transform Cuba more than any of the economic reforms announced by President Raúl Castro's government". It will cut more than one million state jobs including party bureaucrats which resist the changes.

Cyprus

EUROPE

Cyprus lies south of Turkey in the eastern Mediterranean. Since 1974, it has been partitioned between the Turkish-occupied north and the Greek-Cypriot south.

OFFICIAL NAME: Republic of Cyprus
DATE OF FORMATION: 1960
CAPITAL: Nicosia
POPULATION: 803,147
TOTAL AREA: 3571 sq. miles (9250 sq. km)
DENSITY: 244 people per sq. mile
LANGUAGES: Greek*, Turkish*
RELIGIONS: Orthodox Christian 78%, Muslim 18%, other 4%
ETHNIC MIX: Greek 81%, Turkish 11%, other 8%
GOVERNMENT: Presidential systems
CURRENCY: Euro = 100 cents (new Turkish lira in TRNC = 100 kurus)

Geography

Cyprus is the third largest island in the Mediterranean Sea, after the Italian islands of Sicily and Sardinia (both in terms of area and population). It is also the world's 81st largest by area and world's 49th largest by population. It measures 240 kilometres (149 mi) long from end to end and 100 kilometres (62 mi) wide at its widest point, with Turkey 75 kilometres (47 mi) to the north. It lies between latitudes 34° and 36° N, and longitudes 32° and 35° E.

Other neighbouring territories include Syria and Lebanon to the east (105 kilometres (65 mi) and 108 kilometres (67 mi), respectively), Israel 200 kilometres (124 mi) to the southeast, Egypt 380 kilometres (236 mi) to the south, and Greece to the northwest: 280 kilometres (174 mi) to the small Dodecanesian island of Kastelorizo (Megisti), 400 kilometres (249 mi) to Rhodes, and 800 kilometres (497 mi) to the Greek mainland.

The physical relief of the island is dominated by two mountain ranges, the Troodos Mountains and the smaller Kyrenia Range, and the central plain they encompass, the Mesaoria. The Troodos Mountains cover most of the southern and western portions of the island and account for roughly half its area. The highest point on Cyprus is Mount Olympus at 1,952 m (6,404 ft), located in the centre of the Troodos range. The narrow Kyrenia Range, extending along the northern coastline, occupies substantially less area, and elevations are lower, reaching a maximum of 1,024 m (3,360 ft).

Geopolitically, the island is subdivided into four main segments. The Republic of Cyprus occupies the southern two-thirds of the island (59.74%). The Turkish Republic of Northern Cyprus occupies the northern third (34.85%), and the United Nations-controlled Green Line provides a buffer zone that separates the two and covers 2.67% of the island. Lastly, two bases under British sovereignty are located on the island: Akrotiri and Dhekelia, covering the remaining 2.74%.

Climate

Cyprus has the warmest climate (and warmest winters) in the Mediterranean part of the European Union. The average annual temperature on the coast is around 24 °C (75 °F) during the day and 14 °C (57 °F) at night. Generally – summer's/holiday season lasts about 8 months, begins in April with average temperatures of 21–23 °C (70–73 °F) during the day and 11–13 °C (52–55 °F) at night, ends in November with average temperatures of 22–23 °C (72–73 °F) during the day and 12–14 °C (54–57 °F) at night, although also in remaining 4 months temperatures sometimes exceeds 20 °C (68 °F). Among all cities in the Mediterranean part of the European Union, Limassol has the warmest winters, in the period January–February average temperature is 17–18 °C (63–64 °F) during the day and 8–9 °C (46–48 °F) at night, in other coastal locations in Cyprus is generally 16–17 °C (61–63 °F) during the day and 7–9 °C (45–48 °F) at night. In March and December in Limassol average temperatures is 19–20 °C (66–68 °F) during the day and 10–11 °C (50–52 °F) at night, in other coastal locations in Cyprus is generally 17–19 °C (63–66 °F) during the day and 8–11 °C (46–52 °F) at night. Middle of summer is hot – in July and August on the coast the average temperature is usually around 33 °C (91 °F) during the day and around 23 °C (73 °F) at night (inside the island, in the highlands average temperature exceeds 35 °C (95 °F)) while in the June and September on the coast the average temperature is usually around 30 °C (86 °F) during the day and around 20 °C (68 °F) at night. Large fluctuations in temperature are rare. Temperatures inside the island are more stringent, with colder winters and more hot summers compared with the coast of the island.

Average annual temperature of sea is 21–22 °C (70–72 °F), from 17 °C (63 °F) in February to 27–28 °C (81–82 °F) in August (depending on the location). In total 7 months – from May to November – the average sea temperature exceeds 20 °C (68 °F).

Sunshine hours on the coast is around 3,400 per year, from average 5–6 hours of sunshine / day in December to average 12–13 hours in July. This is about double that of cities in the northern half of Europe, for comparison: London – 1,461, however in winter up to some times more sunshine, for comparison: London has 37 hours while coastal locations in Cyprus has around 180 hours of sunshine in December (that is, as much as in May in London).

People & Society

The Greek majority practice Orthodox Christianity. Since the 16th century, a minority community of Turkish Muslims has lived in the north of the island. In 1974 Turkish troops occupied the north and proclaimed the Turkish Republic of Northern Cyprus (TRNC), but it is recognized only by Turkey. Over 100,000 mainland Turks have settled there since. UN-led mediation failed to reunite the island ahead of EU accession in 2004, so the north was left out of membership.

In "Freedom in the World 2011", Freedom House rated the democracy of Cyprus as "free". The constant focus on the division of the island can sometimes mask other human rights issues. Prostitution is rife in both the Republic of Cyprus and the Turkish-controlled regions leading to the government being criticised for its lack of controls and for the role of Cyprus in the sex trade as one of the main destinations for human trafficking from Eastern Europe.

There have been reports of mistreatment to the Turkish Cypriots in the Republic of Cyprus. The US Department of State report about human rights in Cyprus in 2002 said that:
Some of the approximately 300 Turkish Cypriots living in the government-controlled area faced difficulties in obtaining identification cards and other government documents, especially if they were born after 1974. Turkish Cypriots also appeared to be subjected to surveillance by the Greek Cypriot police.

Domestic violence legislation remains largely unimplemented and mistreatment of domestic staff, mostly immigrant workers from developing countries, are sometimes reported in the Cypriot press and are the subject of several campaigns by the anti-racist charity KISA.

Economy

The Cypriot economy is prosperous and has diversified in recent years. According to the latest International Monetary Fund estimates, its per capita GDP (adjusted for purchasing power) at $28,381 is just above the average of the European Union. Cyprus has been sought as a base for several offshore businesses for its highly developed infrastructure. Economic policy of the Cyprus government has focused on meeting the criteria for admission to the European Union. The Cypriot government adopted the euro as the national currency on 1 January 2008. Oil has recently been discovered in the seabed between Cyprus, Lebanon, Israel and Egypt and talks are underway between Lebanon and Egypt to reach an agreement regarding the exploration of these resources. The seabed separating Lebanon and Cyprus is believed to hold significant quantities of crude oil and natural gas. However the government of Cyprus states that the Turkish Navy does not allow the exploration of oil in the region.

The economy of the Turkish-occupied areas operates on a free-market basis although it continues to be handicapped by the lack of private and public investment, high freight costs and shortages of skilled labor. Despite these constraints the economy turned in an impressive performance in 2003 and 2004 with growth rates of 9.6% and 11.4%. The average income in the area was $15,984 (S₣16,289) in 2008. Growth has been buoyed by the relative stability of the Turkish new lira and by a boom in the education and construction sectors. The island has witnessed a massive growth in tourism over the years and as such the property rental market in Cyprus has grown alongside. Added to this is the capital growth in property that has been created from the demand of incoming investors and property buyers to the island.

The euro was introduced in 2008. Three different designs were selected for the Cypriot coins, chosen from entrants in a competition in 2005. The €2 (S₣2.59) coin is a legacy of an old national practice of minting silver and gold commemorative coins. To commemorate this event, a €5 (S₣6.48) collector coin was also issued. Unlike normal issues these coins are not legal tender in all of the eurozone and so cannot be used in any other country but Cyprus.

In February 1997, the government revised its policy on foreign direct investment, permitting 100% foreign ownership in certain cases. Regulations on foreign portfolio investment in the Cyprus Stock Exchange have also been liberalized. Additionally, Cyprus passed a modern banking law in July 1997, incorporating all the provisions and directives of the EU for the prudential supervision of credit institutions.

Cyprus has concluded treaties on double taxation with 26 countries, and has removed exchange restrictions on current international transactions. Non-residents and foreign investors may freely repatriate proceeds from investments in Cyprus.

Czech Republic

EUROPE

Once part of Czechoslovakia, a central European communist state in 1948–1989, the Czech Republic peacefully dissolved its union with Slovakia in 1993. It joined the EU in 2004.

OFFICIAL NAME: Czech Republic
DATE OF FORMATION: 1993
CAPITAL: Prague
POPULATION: 10.5 million
TOTAL AREA: 30,450 sq. miles (78,866 sq. km)
DENSITY: 341 people per sq. mile
LANGUAGES: Czech*, Slovak, Hungarian
RELIGIONS: Roman Catholic 39%, atheist 38%, other 18%, Protestant 3%, Hussite 2%
ETHNIC MIX: Czech 90%, other 4%, Moravian 4%, Slovak 2%
GOVERNMENT: Parliamentary system
CURRENCY: Czech koruna = 100 haleru

Geography

The Czech Republic lies mostly between latitudes 48° and 51° N (a small area lies north of 51°), and longitudes 12° and 19° E.

The Czech landscape is exceedingly varied. Bohemia, to the west, consists of a basin drained by the Elbe (Czech: Labe) and the Vltava (or Moldau) rivers, surrounded by mostly low mountains, such as the Krkonoše range of the Sudetes. The highest point in the country, Sněžka at 1,602 m (5,256 ft), is located here. Moravia, the eastern part of the country, is also quite hilly. It is drained mainly by the Morava River, but it also contains the source of the Oder River (Czech: Odra).

Water from the landlocked Czech Republic flows to three different seas: the North Sea, Baltic Sea and Black Sea. The Czech Republic also leases the Moldauhafen, a 30,000-square-metre (7.4-acre) lot in the middle of the Hamburg Docks, which was awarded to Czechoslovakia by Article 363 of the Treaty of Versailles, to allow the landlocked country a place where goods transported down river could be transferred to seagoing ships. The territory reverts to Germany in 2028.

Phytogeographically, the Czech Republic belongs to the Central European province of the Circumboreal Region, within the Boreal Kingdom. According to the World Wide Fund for Nature, the territory of the Czech Republic can be subdivided into four ecoregions: the Central European mixed forests, Pannonian mixed forests, Western European broadleaf forests and Carpathian montane conifer forests.

There are four national parks in the Czech Republic. The oldest is Krkonoše National Park (Biosphere Reserve), Šumava National Park (Biosphere Reserve), National Park Podyjí, České Švýcarsko National Park.

Climate

The Czech Republic has a temperate continental climate, with relatively hot summers and cold, cloudy and snowy winters. Most rain falls during the summer. The temperature difference between summer and winter is relatively high, due to the landlocked geographical position.

Within the Czech Republic, temperatures vary greatly, depending on the elevation. In general, at higher altitudes, the temperatures decrease and precipitation increases. The wettest area in the Czech Republic is found around Bílý Potok in Jizera Mountains and the driest region is the Louny District to the northwest of Prague. Another important factor is the distribution of the mountains; therefore, the climate is quite varied.

At the highest peak of Sněžka (1,602 m/5,256 ft), the average temperature is only −0.4 °C (31.28 °F), whereas in the lowlands of the South Moravian Region, the average temperature is as high as 10 °C (50 °F). The country's capital, Prague, has a similar average temperature, although this is influenced by urban factors.

The coldest month is usually January, followed by February and December. During these months, there is usually snow in the mountains and sometimes in the major cities and lowlands. During March, April and May, the temperature usually increases rapidly, especially during April, when the temperature and weather tends to vary widely during the day. Spring is also characterized by high water levels in the rivers, due to melting snow with occasional flooding.

The warmest month of the year is July, followed by August and June. On average, summer temperatures are about 20 degrees higher than during winter. Especially in the last decade, temperatures above 30 °C (86 °F) are not unusual. Summer is also characterized by rain and storms.

Autumn generally begins in September, which is still relatively warm and dry. During October, temperatures usually fall below 15 °C (59 °F) or 10 °C (50 °F) and deciduous trees begin to shed their leaves. By the end of November, temperatures usually range around the freezing point.

The coldest temperature ever measured was in Litomeřice, České Budejovice, at −40.2 °C (−40.4 °F) and the hottest measured, was at 42.2 °C (108.0 °F) at Praha, Uhřineves.

People & Society

Secular and urban society, with high divorce rates. Czechs make up the vast majority of the population, while the next largest group are Moravians. The 300,000 Slovaks left after partition are now permitted dual citizenship. Ethnic tensions are few, but there is widespread hostility toward the Roma minority. A new commercial elite is emerging along side postcommunist entrepreneurs.

The Jewish population of Bohemia and Moravia, 118,000 according to the 1930 census, was virtually annihilated by the Nazis during the Holocaust. There were approximately 4,000 Jews in the Czech Republic in 2005. The former Czech prime minister, Jan Fischer, is of Jewish origin and faith.

The fertility rate is a low 1.50 children per woman.Immigration increased the population by almost 1% in 2007. About 77,000 new foreigners settle down in the Czech Republic every year. Vietnamese immigrants began settling in the Czech Republic during the Communist period, when they were invited as guest workers by the Czechoslovak government. Today, there are an estimated 70,000 Vietnamese in the Czech Republic. In contrast to Ukrainians, Vietnamese come to the Czech Republic to live permanently.

At the turn of the 20th century, Chicago was the city with the third largest Czech population, after Prague and Vienna. According to the 2006 US census, there are 1,637,218 Americans of full or partial Czech descent.

Economy

The Czech Republic possesses a developed, high-income economy with a GDP per capita of 82% of the European Union average. One of the most stable and prosperous of the post-Communist states, the Czech Republic has seen a growth of over 6% annually in the three years before outbreak of the recent global economic crisis. Growth has been led by exports to the European Union, especially Germany and foreign investment, while domestic demand is reviving.

Most of the economy has been privatised, including the banks and telecommunications. The current centre-right government plans to continue with privatisation, including the energy industry and the Prague airport. It has recently agreed to the sale of a 7% stake in the energy producer, CEZ Group, with the sale of the Budějovický Budvar brewery also mooted. A 2009 survey in cooperation with the Czech Economic Association found that the majority of Czech economists favor continued liberalization in most sectors of the economy.

The country is part of the Schengen Area, having abolished border controls, completely opening its borders with all of its neighbours, Germany, Austria, Poland and Slovakia, on 21 December 2007. The Czech Republic became a member of the World Trade Organisation.

The last Czech government led by social democrats had expressed a desire to adopt the euro in 2010, but the current centre-right government suspended that plan in 2007. An exact date has not been set up, but the Finance Ministry described adoption by 2012 as realistic, if public finance reform passes. However, the most recent draft of the euro adoption plan omits giving any date. Although the country is economically better positioned than other EU Members to adopt the euro, the change is not expected before 2013, due to political reluctance on the matter.

On 1 January 2009, former Czech PM, Mirek Topolánek, declared that on 1 November 2009, the Czech government will announce a fixed date for euro adoption, since the country "currently fulfils all criteria for adoption of the euro", however his subsequent deposition has rendered this deadline moot. There are several challenges, however. The rate of corruption remains one of the highest among the other developed OECD countries and the public budgets remain in deficit despite strong growth of the economy in recent years. However, the 2007 deficit has been 1.58% GDP and the 2008 deficit is expected at 1.2% GDP, according to EU accounting rules, far better than original projections.

The Programme for International Student Assessment, coordinated by the OECD, currently ranks the Czech education system as the 15th best in the world, higher than the OECD average.

Denmark

EUROPE

Denmark occupies the Jutland peninsula and over 400 islands in southern Scandinavia. Greenland and the Faeroe Islands are self-governing associated territories.

OFFICIAL NAME: Kingdom of Denmark
DATE OF FORMATION: 950
CAPITAL: Copenhagen
POPULATION: 5.56 million
TOTAL AREA: 16,639 sq. miles (43,094 sq. km)
DENSITY: 334 people per sq. mile
LANGUAGES: Danish
RELIGIONS: Evangelical Lutheran 89%, other 10%, Roman Catholic 1%
ETHNIC MIX: Danish 96%, other (including Scandinavian and Turkish) 3%, Faeroese and Inuit 1%
GOVERNMENT: Parliamentary system
CURRENCY: Danish krone = 100 øre

Geography

Denmark shares a border of 68 kilometres with Germany to the south and is otherwise surrounded by 7,314 kilometres of tidal shoreline (including small bays and inlets). It occupies 43,094 square kilometres. Since 2000 Denmark has been connected by the Øresund Bridge to southern Sweden.

Denmark's northernmost point is Skagens point (the north beach of the Skaw) at 57° 45' 7" northern latitude; the southernmost is Gedser point (the southern tip of Falster) at 54° 33' 35" northern latitude; the westernmost point is Blåvandshuk at 8° 4' 22" eastern longitude; and the easternmost point is Østerskær at 15° 11' 55" eastern longitude. This is in the archipelago Ertholmene 18 kilometres northeast of Bornholm. The distance from east to west is 452 kilometres (281 mi), from north to south 368 kilometres (229 mi).

Denmark consists of the peninsula of Jutland (Jylland) and 443 named islands (1,419 islands above 100 m² in total). Of these, 72 are inhabited, with the largest being Zealand (Sjælland) and Funen (Fyn). The island of Bornholm is located east of the rest of the country, in the Baltic Sea. Many of the larger islands are connected by bridges; the Øresund Bridge connects Zealand with Sweden; the Great Belt Bridge connects Funen with Zealand; and the Little Belt Bridge connects Jutland with Funen. Ferries or small aircraft connect to the smaller islands. Main cities are the capital Copenhagen on Zealand; Århus, Aalborg and Esbjerg in Jutland; and Odense on Funen.

The country is flat with little elevation; having an average height above sea level of 31 metres (102 ft). The highest natural point is Møllehøj, at 170.86 metres (560.56 ft). Other hills in the same area southwest of Århus are Yding Skovhøj at 170.77 metres (560.27 ft) and Ejer Bavnehøj at 170.35 metres (558.89 ft). The area of inland water is: (eastern Denmark) 210 km^2 (81 sq mi); (western D.) 490 km^2 (189 sq mi).

Denmark's tidal shoreline is 7,314 km (4,545 mi). No location in Denmark is further from the coast than 52 km (32 mi). The size of the land area of Denmark cannot be stated exactly since the ocean constantly erodes and adds material to the coastline, and because of human land reclamation projects (to counter erosion). On the southwest coast of Jutland, the tide is between 1 and 2 m (3.28 and 6.56 ft), and the tideline moves outward and inward on a 10 km (6.2 mi) stretch.

Phytogeographically, Denmark (including Greenland and the Faroe Islands) belongs to the Boreal Kingdom and is shared between the Arctic, Atlantic European and Central European provinces of the Circumboreal Region. According to the World Wide Fund for Nature, the territory of Denmark can be subdivided into two ecoregions: the Atlantic mixed forests and Baltic mixed forests. The Faroe Islands are covered by the Faroe Islands boreal grasslands, while Greenland hosts the ecoregions of Kalaallit Nunaat high arctic tundra and Kalaallit Nunaat low arctic tundra.

Climate

The climate is in the temperate zone. The winters are not particularly cold, with mean temperatures in January and February of 0.0 °C, and the summers are cool, with a mean temperature in August of 15.7 °C. Denmark has an average of 121 days per year with precipitation, on average receiving a total of 712 mm per year; autumn is the wettest season and spring the driest.

Because of Denmark's northern location, the length of the day with sunlight varies greatly. There are short days during the winter with sunrise coming around 9:00 am and sunset 4:30 pm, as well as long summer days with sunrise at 4:00 am and sunset at 10 pm The shortest and longest days of the year have traditionally been celebrated. The celebration for the shortest day corresponds roughly with Christmas (Danish: jul), and modern celebrations concentrate on Christmas Eve, 24 December. The celebration for the longest day is Midsummer Day, which is known in Denmark as sankthansaften (St. John's evening). Celebrations of Midsummer have taken place since pre-Christian times.

People & Society

Income distribution is the most even in the West: society is egalitarian with few tensions. Cultural clashes have arisen with immigrant minorities. Almost all women now work and Denmark is a world leader in childcare provision. Marriage is becoming less common, even for couples with children.

The median age is 39.8 years, with 0.98 males per female. 98.2% of the population (age 15 and up) is literate. The birth rate is 1.74 children born per woman (2006 est.). Despite the low birth rate, the population is still growing at an average annual rate of 0.33%. An international study conducted by Adrian White at Leicester University in 2006 showed that the population of Denmark had the highest life satisfaction in the world.

Danish is the official language and is spoken throughout the country. English and German are the most widely-spoken foreign languages.

A total of 1,516,126 Americans reported Danish ancestry in the 2006 American Community Survey. According to the 2006 census, there were 200,035 Canadians with Danish background.

Economy

Denmark's mixed economy features above average European living standards and high amount of free trade. Denmark ranks 16th in the world in terms of GDP (PPP) per capita and ranks 5th in nominal GDP per capita.

According to World Bank Group, Denmark has the most flexible labour market in Europe; the policy is called flexicurity. It is easy to hire and fire (flexibility), and between jobs, unemployment compensation is very high (security). Denmark has a labour force of about 2.9 million. Denmark has the fourth highest ratio of tertiary degree holders in the world. GDP per hour worked was the 13th highest in 2009. Denmark has the world's lowest level of income inequality, according to the UN, and the world's highest minimum wage, according to the IMF. As of June 2010 the unemployment rate is at 6.6%, which is below the EU average of 9.6%.

Denmark is one of the most competitive economies in the world according to World Economic Forum 2008 report, IMD and The Economist. According to rankings by OECD, Denmark has the most free financial markets in EU-15 and also one of the most free product markets.

Denmark has a company tax rate of 25% and a special time limited tax regime for expatriates. The Danish taxation system is broad based, with a 25% VAT, in addition to excise taxes, income taxes and other fees. The overall tax burden (sum of all taxes, as a percentage of GDP) is estimated to be 46% in 2011.

Denmark's national currency, the krone (plural: kroner), is de facto linked to the Euro through the ERM. The exchange rate is pegged at approximately 7.46 kroner per euro. While Denmark in a September 2000 referendum rejected replacing the Danish kroner with the euro, the country in practice follows the policies set forth in the Economic and Monetary Union of the European Union (EMU) and meets the economic convergence criteria for participating in the third phase (the Euro) of the EMU. The majority of the political parties in the parliament are for the Euro, but as yet a new referendum has not been held, despite plans; skepticism of the EU among Danish voters has historically been strong.

Denmark is known for the Danish cooperative movement within among others farming, the food industry (Danish Crown), dairy production (Arla Foods), retailing (Brugsen), wind turbine cooperatives and co-housing associations.

Support for free trade is high – in a 2007 poll 76% responded that globalisation is a good thing. 70% of trade flows are inside the European Union. Denmark has the 9th highest export per capita in the world. Main exports include: machinery, animals and foodstuffs, chemicals and oil and gas. Denmark is a net exporter of food and energy and has for a number of years had a balance of payments surplus while battling an equivalent of approximately 39% of GNP foreign debt or more than 300 billion DKK. Also of importance is the sea territory of more than 105,000 km² (40,000+ sq mi).

Denmark has ranked as the world's 11th most free economy, of 162 countries, in an index created by the Wall Street Journal and Heritage Foundation, the Index of Economic Freedom 2008. The Index has been categorised as using inappropriately weighted indicators for economic freedom, leading to wealthy and/or conservative countries with barriers to trade placing high on the list, while poor and/or socialist countries with fewer restrictions on trade place low. The Index has only a 10% statistical correlation with a standard measure of economic growth at GDP per capita. Neither does the Index account for the actions of governments to nurture business in the manner of the Japanese Zaibatsus during the late 20th century that helped lead to the Japanese economic miracle.

StatBank is the name of a large statistical database maintained by the central authority of statistics in Denmark. Online distribution of statistics has been a part of the dissemination strategy in Denmark since 1985. By this service, Denmark is a leading country in the world regarding electronic dissemination of statistics. There are about 2 million hits every year.

Djibouti

AFRICA

A city-state with a desert hinterland, Djibouti lies in northeast Africa on the Red Sea. Once known as the French Territory of the Afars and Issas, independence came in 1977.

OFFICIAL NAME: Republic of Djibouti
DATE OF FORMATION: 1977
CAPITAL: Djibouti
POPULATION: 864,000
TOTAL AREA: 8494 sq. miles (22,000 sq. km)
DENSITY: 97 people per sq. mile
LANGUAGES: Somali, Afar, French*, Arabic*
RELIGIONS: Muslim (mainly Sunni) 94%, Christian 6%
ETHNIC MIX: Issa 60%, Afar 35%, other 5%
GOVERNMENT: Presidential system
CURRENCY: Djibouti franc = 100 centimes

Geography

Djibouti lies in Northeast Africa on the Gulf of Aden at the southern entrance to the Red Sea. It has 314 km (195 mi) of coastline and shares a 113 km (70 mi) border with Eritrea, 337 km (209 mi) with Ethiopia and 58 km (36 mi) with Somalia (total 506 km/314 mi). It lies between latitudes 10th parallel north|10° and 13th parallel north|13°N, and longitudes 41st meridian east|41° and 44th meridian east|44°E.

The country is mainly a stony semidesert, with scattered plateaus and highlands. It has an area of 8,900 square miles (23,051 km^2).

Climate

Almost no rain, though the monsoon is very humid. The 109°F (45°C) heat of summer is unbearable.

People & Society

The main ethnic groups are the Issas in the south, and the nomadic Afars in the north. Tensions between them developed into a guerrilla war in 1991–1994. Smaller tribal groups make up the rest of the population, and the rural peoples are mostly nomadic. Wealth is concentrated in Djibouti city. France exerts considerable influence in Djibouti, supporting it financially and maintaining a naval base and a military garrison.

The life expectancy at birth is about 60 for both females and males. Fertility is at 2.71 children per woman. In the country there are about 18 doctors per 100,000 persons.

In June 2011, the United Nations Population Fund released a report on The State of the World's Midwifery. It contained new data on the midwifery workforce and policies relating to newborn and maternal mortality for 58 countries. The 2010 maternal mortality rate per 100,000 births for Djibouti is 300. This is compared with 461.6 in 2008 and 606.5 in 1990. The under 5 mortality rate, per 1,000 births is 95 and the neonatal mortality as a percentage of under 5's mortality is 37. The aim of this report is to highlight ways in which the Millennium Development Goals can be achieved, particularly Goal 4 – Reduce child mortality and Goal 5 – improve maternal death. In Djibouti the number of midwives per 1,000 live births is 6 and 1 in 93 shows us the lifetime risk of death for pregnant women.

Economy

The economy of Djibouti is based on service activities connected with the country's strategic location and status as a free trade zone in northeast Africa. Two-thirds of the inhabitants live in the capital city, the remainder being mostly nomadic herders. Scant rainfall limits crop production to fruits and vegetables, and most food must be imported.

In April 2005, the United Nations World Food Programme warned that 30,000 people in Djibouti face serious food shortages following three years of poor rains.

Djibouti provides services as both a transit port for the region and an international transshipment and refueling center. It has few natural resources and little industry. The nation is, therefore, heavily dependent on foreign assistance to help support its balance of payments and to finance development projects. Salt Investment, a Djiboutian company, is overseeing a $70 million operation to industrialize the collection of Djibouti's plentiful salt in the Region Lake Asal.

There are gold miners from India, geothermal experts from Iceland, Turkish hotel managers, Saudi oil engineers, French bankers and American military contractors. Investors from Dubai have leased the country's port, in an effort to develop the area as a gateway to the region. Saudi investors are reportedly exploring the possibility of linking the Horn of Africa with the Arabian Peninsula via an 18-mile (29 km) long oversea bridge referred to as the Bridge of the Horns. Tarek bin Laden, half brother of Osama bin Laden, has been linked to the project.

An unemployment rate of 40% to 50% continues to be a major problem. Inflation is not a concern, however, because of the fixed tie of the franc to the U.S. dollar. Per capita consumption dropped an estimated 35% over the last seven years because of recession, civil war, and a high population growth rate (including immigrants and refugees). The secession of Eritrea from Ethiopia has been beneficial to Djibouti, as the Port of Djibouti is now serving as landlocked Ethiopia's primary link to the sea. Faced with a multitude of economic difficulties, the government has fallen into arrears on long-term external debt and has been struggling to meet the stipulations of foreign aid donors.

Djibouti was ranked the 177th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.

Dominica

NORTH & CENTRAL AMERICA

Dominica is renowned as the Caribbean island that resisted European colonization until the 18th century. It achieved independence from the UK in 1978.

OFFICIAL NAME: Commonwealth of Dominica
DATE OF FORMATION: 1978
CAPITAL: Roseau
POPULATION: 72,660
TOTAL AREA: 291 sq. miles (754 sq. km)
DENSITY: 243 people per sq. mile
LANGUAGES: French Creole, English*
RELIGIONS: Roman Catholic 77%, Protestant 15%, other 8%
ETHNIC MIX: Black 87%, Mixed race 9%, Carib 3%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: East Caribbean dollar = 100 cents

Geography

Dominica is an island nation and borderless country in the Caribbean Sea, the northernmost of the Windward Islands (though it is sometimes considered the southernmost of the Leeward Islands). The size of the country is about 289.5 square miles (750 km^2). The capital is Roseau.

Dominica is largely covered by rainforest and is home to the world's second-largest hot spring, Boiling Lake. Dominica has many waterfalls, springs, and rivers. The Calibishie area in the country's northeast has sandy beaches. Some plants and animals thought to be extinct on surrounding islands can still be found in Dominica's forests. The volcanic nature of the island has attracted scuba divers. The island has several protected areas, including Cabrits National Park, as well as 365 rivers.

On his second voyage to the Caribbean, Dominica was the first "New World" country that Christopher Columbus discovered. It is said that when his royal sponsors asked Christopher Columbus to describe this island in the "New World", he crumpled a piece of parchment roughly and threw it on the table. "This", Columbus explained, "is what Dominica looks like—completely covered with mountains with nary a flat spot."

Morne Trois Pitons National Park is a tropical forest blended with scenic volcanic features. It was recognised as a World Heritage Site on April 4, 1995, a distinction it shares with four other Caribbean islands.

The Commonwealth of Dominica is engaged in a long-running dispute with Venezuela over Venezuela's territorial claims to the sea surrounding Isla Aves (literally Bird Island, but in fact called Bird Rock by Dominica authorities), a tiny islet located 140 miles (225 km) west of the island of Dominica.

There are two primary population centres: Roseau and Portsmouth.

Dominica possesses the most pristine wilderness in the Caribbean. Originally, it was protected by sheer mountains which led the European powers to build ports and agricultural settlements on other islands. More recently, the citizens of this island have sought to preserve its spectacular natural beauty by discouraging the type of high-impact tourism which has damaged nature in most of the Caribbean.

Visitors can find large tropical forests, including one which is on the UNESCO list of World Heritage sites, hundreds of streams, coastlines and coral reefs.

The Sisserou parrot is Dominica's national bird and is indigenous to its mountain forests.

The Caribbean Sea offshore of the island of Dominica is home to many cetaceans. Most notably a group of sperm whales live in this area year round. Other cetaceans commonly seen in the area include spinner dolphins, pantropical spotted dolphins and bottlenose dolphins. Less commonly seen animals include killer whales, false killer whales, pygmy sperm whales, dwarf sperm whales, Risso's dolphins, common dolphins, Atlantic spotted dolphins, humpback whales and Bryde's whales. This makes Dominica a destination for tourists interested in whale-watching.

Dominica is especially vulnerable to hurricanes as the island is located in what is referred to as the hurricane region. In 1979, Dominica was hit directly by category 5 Hurricane David, causing widespread and extreme damage. On August 17, 2007, Hurricane Dean, a category 1 at the time, hit the island. A mother and her seven-year-old son died when a landslide caused by the heavy rains fell onto their house. In another incident two people were injured when a tree fell on their house. Prime Minister Roosevelt Skerrit estimated that 100 to 125 homes were damaged, and that the agriculture sector was extensively damaged, in particular the banana crop

Climate

The island's climate is tropical, moderated by northeast trade winds and heavy rainfall.

Dominica has a tropical wet climate with characteristically warm temperatures and heavy rainfall. Excessive heat and humidity are tempered somewhat by a steady flow of the northeast trade winds, which periodically develop into hurricanes. The steep interior slopes also alter temperatures and winds. Temperature ranges are slight. Average daytime temperatures generally vary from 26 °C (78.8 °F) in January to 32 °C (89.6 °F) in June. Diurnal ranges are usually no greater than 3 °C (5.4 °F) in most places, but temperatures dipping to 13 °C (55.4 °F) on the highest peaks are not uncommon.

Most of the island's ample supply of water is brought by the trade winds. Although amounts vary with the location, rain is possible throughout the year, with the greatest monthly totals recorded from June through October. Average yearly rainfall along the windward east coast frequently exceeds 5,000 mm (196.9 in), and exposed mountainsides receive up to 9,000 mm (354.3 in), among the highest accumulations in the world. Totals on the leeward west coast, however, are only about 1,800 mm (70.9 in) per year. Humidities are closely tied to rainfall patterns, with the highest values occurring on windward slopes and the lowest in sheltered areas. Relative humidity readings between 70 percent and 90 percent have been recorded in Roseau.

Hurricanes and severe winds, most likely to occur during the wettest months, occasionally are devastating. The most recent hurricanes of note were David and Frederic in August 1979 and Allen in August 1980. The 1979 hurricanes caused over 40 deaths, 2,500 injuries, and extensive destruction of housing and crops. Many agricultural commodities were destroyed during the 1980 storm, and about 25 percent of the banana crop was destroyed by strong winds in 1984.

Dominica is especially vulnerable to hurricanes as the island is located in what is referred to as the hurricane region. In 1979, Dominica was hit directly by Category 5 Hurricane David, causing widespread and extreme damage. On August 17, 2007, Hurricane Dean, a Category 1 at the time, hit the island. A mother and her seven-year-old son died when a landslide caused by the heavy rains fell onto their house. In another incident two people were injured when a tree fell on their house. Prime Minister Roosevelt Skerrit estimated that 100 to 125 homes were damaged, and that the agriculture sector was extensively damaged, in particular the banana crop.

People & Society

The majority of Dominicans are descendants of African slaves brought over to work on banana plantations. The Carib Territory on the northeast of the island is home to the only surviving indigenous community in the Caribbean. Wealth
disparities are not as marked as elsewhere in the region, but the alleviation of poverty has become a major plank of government policy.

English is the official language of Dominica and is universally spoken and understood. However, because of historic French occupation during different times in history, and the island's location between the two French-speaking departments of Martinique and Guadeloupe, Antillean Creole, based on French, is spoken by many people on the island, especially from the older generation. Because of a decline in its usage by the younger generation, initiatives have been set up in an effort to increase usage and promote this unique part of the nation's history and culture. The dialect of Dominica also includes Cocoy, along with Creole—French-based patois. Cocoy, or Kockoy, is a mix of Leeward Island English-Creole and Dominican Creole. It is mainly spoken in the north-eastern villages of Marigot and Wesley. As a result of this admixture of languages and heritage, Dominica is a member of both the English-speaking Commonwealth and the French-speaking La Francophonie.

Economy

In 2008, Dominica had one of the lowest per capita gross domestic product (GDP) rates of Eastern Caribbean states. The country nearly had a financial crisis in 2003 and 2004, but Dominica's economy grew by 3.5% in 2005 and 4.0% in 2006, following a decade of poor performance. Growth in 2006 was attributed to gains in tourism, construction, offshore and other services, and some sub-sectors of the banana industry. The International Monetary Fund (IMF) recently praised the Government of Dominica for its successful macroeconomic reforms. The IMF also pointed out remaining challenges, including the need for further reductions in public debt, increased financial sector regulation, and market diversification.

Bananas and other agriculture dominate Dominica's economy, and nearly one-third of the labour force works in agriculture. This sector, however, is highly vulnerable to weather conditions and to external events affecting commodity prices. In 2007, Hurricane Dean caused significant damage to the agricultural sector as well as the country's infrastructure, especially roads. In response to reduced European Union (EU) banana trade preferences, the government has diversified the agricultural sector by promoting the production of coffee, patchouli, aloe vera, cut flowers, and exotic fruits such as mango, guava, and papaya. Dominica has also had some success in increasing its manufactured exports, primarily soap.

Dominica is mostly volcanic and has few beaches; therefore, tourism has developed more slowly than on neighboring islands. Nevertheless, Dominica's mountains, rainforests, freshwater lakes, hot springs, waterfalls, and diving spots make it an attractive eco-tourism destination. Cruise ship stopovers have increased following the development of modern docking and waterfront facilities in Roseau, the capital. Out of 22 Caribbean islands tracked, Dominica had the fewest visitors in 2008 (55,800 or 0.3% of the total). This was about half as many as visited Haiti.

Dominica's currency is the East Caribbean Dollar.

Dominica is a beneficiary of the Caribbean Basin Initiative (CBI) that grants duty-free entry into the United States for many goods. Dominica also belongs to the predominantly English-speaking Caribbean Community (CARICOM), the CARICOM Single Market and Economy (CSME), and the Organisation of Eastern Caribbean States (OECS).

Dominica offers tax-free status to companies locating from abroad. It is not known how many companies benefit from the tax-free status because of the strict confidentiality the government enforces, although it is known many Internet businesses utilise Dominica for this reason.

Dominican Republic

NORTH & CENTRAL AMERICA

The Dominican Republic occupies the eastern twothirds of the island of Hispaniola in the Caribbean. Spanishspeaking, it seeks closer ties to the anglophone West Indies.

OFFICIAL NAME: Dominican Republic
DATE OF FORMATION: 1865
CAPITAL: Santo Domingo
POPULATION: 9.37 million
TOTAL AREA: 18,679 sq. miles (48,380 sq. km)
DENSITY: 540 people per sq. mile
LANGUAGES: Spanish*, French Creole
RELIGIONS: Roman Catholic 92%, other and nonreligious 8%
ETHNIC MIX: Mixed race 75%, White 15%, Black 10%
GOVERNMENT: Presidential system
CURRENCY: Dominican Republic peso = 100 centavos

Geography

The Dominican Republic is situated on the eastern part of the second-largest island in the Greater Antilles, Hispaniola. It shares the island roughly at a 2:1 ratio with Haiti. The country's area is reported variously as 48,442 km² (by the embassy in the United States) and 48,730 km² (by the U.S. CIA), making it the second largest country in the Antilles, after Cuba. The country's capital and greatest metropolitan area, Santo Domingo, is located on the southern coast. The country lies between latitudes 17° and 20°N, and longitudes 68° and 72°W.

There are many small offshore islands and cays that are part of the Dominican territory. The two largest islands near shore are Saona, in the southeast, and Beata, in the southwest. To the north, at distances of 100–200 kilometres (62–124 mi), are three extensive, largely submerged banks, which geographically are a southeast continuation of the Bahamas: Navidad Bank, Silver Bank, and Mouchoir Bank. Navidad Bank and Silver Bank have been officially claimed by the Dominican Republic.

The country's mainland has four important mountain ranges. The most northerly is the Cordillera Septentrional ("Northern Mountain Range"), which extends from the northwestern coastal town of Monte Cristi, near the Haitian border, to the Samaná Peninsula in the east, running parallel to the Atlantic coast. The highest range in the Dominican Republic — indeed, in the whole of the West Indies — is the Cordillera Central ("Central Mountain Range"). It gradually bends southwards and finishes near the town of Azua, on the Caribbean coast. In the Cordillera Central are found the four highest peaks in the Caribbean: Pico Duarte (3,098 metres / 10,164 feet) above sea level), La Pelona (3,094 metres / 10,151 feet), La Rucilla (3,049 metres / 10,003 feet) and Pico Yaque (2,760 metres / 9,055 feet).

In the southwest corner of the country, south of the Cordillera Central, there are two other ranges. The more northerly of the two is the Sierra de Neiba, while in the south the Sierra de Bahoruco is a continuation of the Massif de la Selle in Haiti. There are other, minor mountain ranges, such as the Cordillera Oriental ("Eastern Mountain Range"), Sierra Martín García, Sierra de Yamasá and Sierra de Samaná.

Between the Central and Northern mountain ranges lies the rich and fertile Cibao valley. This major valley is home to the city of Santiago and most of the farming areas in the nation. Rather less productive is the semi-arid San Juan Valley, south of the Central Cordillera. Still more arid is the Neiba Valley, tucked between the Sierra de Neiba and the Sierra de Bahoruco. Much of the land in the Enriquillo Basin is below sea level, with a hot, arid, desert-like environment. There are other smaller valleys in the mountains, such as the Constanza, Jarabacoa, Villa Altagracia, and Bonao valleys.

The Llano Costero del Caribe ("Caribbean Coastal Plain") is the largest of the plains in the Dominican Republic. Stretching north and east of Santo Domingo, it contains many sugar plantations in the savannahs that are common there. West of Santo Domingo its width is reduced to 10 kilometres (6.2 mi) as it hugs the coast, finishing at the mouth of the Ocoa River. Another large plain is the Plena de Azua ("Azua Plain"), a very dry region in Azua Province.

A few other small coastal plains are in the northern coast and in the Pedernales Peninsula.

Four major rivers drain the numerous mountains of the Dominican Republic. The Yaque del Norte is the longest and most important Dominican river. It carries excess water down from the Cibao Valley and empties into Monte Cristi Bay, in the northwest. Likewise, the Yuna River serves the Vega Real and empties into Samaná Bay, in the northeast. Drainage of the San Juan Valley is provided by the San Juan River, tributary of the Yaque del Sur, which empties into the Caribbean, in the south. The Artibonito is the longest river of Hispaniola and flows westward into Haiti.

There are many lakes and coastal lagoons. The largest lake is Enriquillo, a salt lake at 40 metres (131 ft) below sea level, the lowest point in the Caribbean. Other important lakes are Laguna de Rincón or Cabral, with freshwater, and Laguna de Oviedo, a lagoon with brackish water.

Climate

The climate of the Dominican Republic is mostly tropical. The annual average temperature is 25 °C (77 °F). At higher elevations, the temperature averages 18 °C (64.4 °F) while near sea level the average temperature is 28 °C (82.4 °F). Low temperatures of 0 °C (32 °F) are possible in the mountains while high temperatures of 40 °C (104 °F) are possible in protected valleys. January and February are the coolest months of the year, while August is the hottest month. Some snowflakes can fall in rare occasions on the top of the Pico Duarte.

The wet season along the northern coast lasts from November through January. Elsewhere, the wet season stretches from May through November, with May being the wettest month. Average annual rainfall is 1,500 millimetres (59.1 in) countrywide, with individual locations in the Valle de Neiba seeing averages as low as 350 millimetres (13.8 in) while the Cordillera Oriental averages 2,740 millimetres (107.9 in). The driest part of the country lies in the west. Tropical cyclones strike the country every couple of years, with 65 percent of the impacts along the southern coast. Hurricanes are most likely between August and October. The last time a category 5 hurricane struck the country was Hurricane David in 1979.

People & Society

White landowners – especially those descended from the original Spanish settlers – form the wealthy elite. Mixed-race majority controls commerce and forms the bulk of the professional middle classes. White and mixed-race women are entering the professions. Great disparities of wealth exist; the black and Haitian-immigrant populations occupy the bottom of the social ladder.

The Dominican Republic has become a trans-shipment point for Colombian drugs destined to Europe as well as the United States and Canada. Money laundering via the Dominican Republic is favored by Colombian drug cartels for the ease of illicit financial transactions. In 2004 it was estimated that 8% of all cocaine smuggled into the United States had come through the Dominican Republic. The Dominican Republic responded with increased efforts to seize drug shipments, arrest and extradite those involved, and combat money-laundering.

The often light treatment of violent criminals has been a continuous source of local controversy. In April 2010, five teenagers ages 15 to 17 (including 2 females) shot and killed two taxi drivers and killed another five by forcing them to drink drain cleaning acid. On September 24, 2010, the teens were sentenced to only 3–5 year prison terms, despite the protests of the taxi drivers' families.

The first of three, late-20th century emigration waves began in 1961, after the assassination of dictator Trujillo, due to fear of retaliation by Trujillo's allies, and political uncertainty in general. In 1965, the United States began a military occupation of the Dominican Republic to end a civil war. Upon this, the U.S. eased travel restrictions, making it easier for Dominicans to obtain U.S. visas. From 1966 to 1978, the exodus continued, fueled by high unemployment and political repression. Communities established by the first wave of immigrants to the U.S. created a network that assisted subsequent arrivals. In the early 1980s, underemployment, inflation, and the rise in value of the dollar all contributed to a third wave of emigration from the island nation. Today, emigration from the Dominican Republic remains high. In 2006, there were approximately 1.3 million people of Dominican descent in the US, counting both native- and foreign-born. There is also a growing Dominican immigration to Puerto Rico.

Economy

The Dominican Republic has the second largest economy (the largest, according to the U.S. State Department) in Central America and the Caribbean. It is an upper middle-income developing country, with a 2007 GDP per capita of $9,208, in PPP terms, which is relatively high in Latin America. In the trimester of January–March 2007 it experienced an exceptional growth of 9.1% in its GDP, which was actually below the previous year's 10.9% in the same period. Growth was led by imports, followed by exports, with finance and foreign investment the next largest factors.

The Dominican Republic is primarily dependent on natural resources and government services. Although the service sector has recently overtaken agriculture as the leading employer of Dominicans (due principally to growth in tourism and Free Trade Zones), agriculture remains the most important sector in terms of domestic consumption and is in second place, behind mining, in terms of export earnings. The service sector in general has experienced growth in recent years, as has construction. Free Trade Zone earnings and tourism are the fastest-growing export sectors. Real estate tourism alone accounted for $1.5 billion in earnings for 2007. Remittances from Dominicans living abroad amounted to nearly $3.2 billion in 2007.

Economic growth takes place in spite of a chronic energy shortage, which causes frequent blackouts and very high prices. Despite a widening merchandise trade deficit, tourism earnings and remittances have helped build foreign exchange reserves. The Dominican Republic is current on foreign private debt.

Following economic turmoil in the late 1980s and 1990, during which the gross domestic product (GDP) fell by up to 5% and consumer price inflation reached an unprecedented 100%, the Dominican Republic entered a period of growth and declining inflation until 2002, after which the economy entered a recession.

This recession followed the collapse of the second-largest commercial bank in the country, Baninter, linked to a major incident of fraud valued at $3.5 billion, during the administration of President Hipólito Mejía (2000–2004). The Baninter fraud had a devastating effect on the Dominican economy, with GDP dropping by 1% in 2003 as inflation ballooned by over 27%. All defendants, including the star of the trial, Ramon Baez Figueroa, were convicted. One subpoena was not delivered because the United States denied extradition.

According to the 2005 Annual Report of the United Nations Subcommittee on Human Development in the Dominican Republic, the country is ranked #71 in the world for resource availability, #79 for human development, and #14 in the world for resource mismanagement. These statistics emphasize national government corruption, foreign economic interference in the country, and the rift between the rich and poor.

East Timor

ASIA

East Timor occupies the once Portuguese-owned eastern half of the island of Timor. Invaded by Indonesia in 1975, it became independent in 2002 following a long struggle.

OFFICIAL NAME: Democratic Republic of Timor-Leste
DATE OF FORMATION: 2002
CAPITAL: Dili
POPULATION: 1.06 million
TOTAL AREA: 5756 sq. miles (14,874 sq. km)
DENSITY: 201 people per sq. mile
LANGUAGES: Tetum*, Bahasa Indonesia, Portuguese*
RELIGIONS: Catholic 95%, other 5%
ETHNIC MIX: Malay/Papuan groups c. 85%, Indonesian c. 13%, Chinese 2%
GOVERNMENT: Parliamentary system
CURRENCY: US dollar = 100 cents

Geography

Located in southeast Asia, the island of Timor is part of the Maritime Southeast Asia, and is the largest and easternmost of the Lesser Sunda Islands. To the north of the mountainous island are the Ombai Strait, Wetar Strait and the greater Banda Sea, to the south the Timor Sea separates the island from Australia, while to the west lies the Indonesian Province of East Nusa Tenggara. The highest mountain of East Timor is Tatamailau (also known as Mount Ramelau) at 2,963 meters (9,721 ft).

East Timor lies between latitudes 8° and 10°S, and longitudes 124° and 128°E.

The local climate is tropical and generally hot and humid, characterised by distinct rainy and dry seasons. The capital, largest city and main port is Dili, and the second-largest city is the eastern town of Baucau.

The easternmost area of Timor-Leste consists of the Paitchau Range and Iralalaro area. This area is the first conservation area in Timor-Leste, the Nino Konis Santana National Park. It contains the last remaining tropical dry forested area within the country. It hosts a number of unique plant and animal species and is sparsely populated. The northern coast is characterised by a number of coral reef systems that have been determined to be at risk.

Climate

Tropical. Heavy rain in wet season (December–March), then dry and hot, particularly in the north.

People & Society

The population is almost entirely Roman Catholic. The Timorese are a mix of Malay and Papuan peoples, and many indigenous Papuan tribes survive. There is an urban Chinese minority, and ethnic Indonesian settlers became numerous after annexation in 1975. Preindependence violence in 1999 was politically rather than ethnically motivated. Women do not have access to the professions and levels of domestic violence are notably high. Living standards are low.

Economy

Prior to and during colonization, Timor was best known for its sandalwood.

In late 1999, about 70% of the economic infrastructure of East Timor was destroyed by Indonesian troops and anti-independence militias, and 260,000 people fled westward. From 2002 to 2005, an international program led by the UN, manned by civilian advisers, 5,000 peacekeepers (8,000 at peak) and 1,300 police officers, substantially reconstructed the infrastructure. By mid-2002, all but about 50,000 of the refugees had returned.

One promising long-term project is the joint development with Australia of petroleum and natural gas resources in the waters southeast of Timor. The Portuguese colonial administration granted concessions to Oceanic Exploration Corporation to develop the deposits. However, this was curtailed by the Indonesian invasion in 1976. The resources were divided between Indonesia and Australia with the Timor Gap Treaty in 1989. The treaty established guidelines for joint exploitation of seabed resources in the area of the "gap" left by then-Portuguese Timor in the maritime boundary agreed between the two countries in 1972. Revenues from the "joint" area were to be divided 50%–50%. Woodside Petroleum and ConocoPhillips began development of some resources in the Timor Gap on behalf of the two governments in 1992.

East Timor inherited no permanent maritime boundaries when it attained independence, repudiating the Timor Gap Treaty as illegal. A provisional agreement (the Timor Sea Treaty, signed when East Timor became independent on 20 May 2002) defined a Joint Petroleum Development Area (JPDA), and awarded 90% of revenues from existing projects in that area to East Timor and 10% to Australia. The first significant new development in the JPDA since Timorese independence is the largest petroleum resource in the Timor Sea, the Greater Sunrise gas field. Its exploitation was the subject of separate agreements in 2003 and 2005. Only 20% of the field lies within the JPDA and the rest in waters not subject to the treaty (though claimed by both countries). The initial, temporary agreement gave 82% of revenues to Australia and only 18% to East Timor.

The government of East Timor has sought to negotiate a definite boundary with Australia at the halfway line between the countries, in accordance with the United Nations Convention on the Law of the Sea. The government of Australia preferred to establish the boundary at the end of the wide Australian continental shelf, as agreed with Indonesia in 1972 and 1991. Normally a dispute such as this would be referred to the International Court of Justice or the International Tribunal for the Law of the Sea for an impartial decision, but the Australian government had withdrawn itself from these international jurisdictions (solely on matters relating to maritime boundaries) shortly before Timorese independence. Nevertheless, under public and diplomatic pressure, the Australian government offered instead a last-minute concession on Greater Sunrise gas field royalties alone. On July 7, 2005, an agreement was signed under which both countries would set aside the dispute over the maritime boundary, and East Timor would receive 50% of the revenues (estimated at A$26 billion or about US$20 billion over the lifetime of the project) from the Greater Sunrise development. Other developments within waters claimed by East Timor but outside the JPDA (Laminaria-Corallina and Buffalo) continue to be exploited unilaterally by Australia, however.

In 2007, a bad harvest led to deaths in several parts of Timor-Leste. In November 2007, eleven subdistricts still needed food supplied by international aid.

East Timor also has a large and potentially lucrative coffee industry, which sells organic coffee to numerous Fair Trade retailers and on the open market.

Currently three foreign banks have a branch in Dili: Australia's ANZ, Portugal's Banco Nacional Ultramarino, and Indonesia's Bank Mandiri.

There are no patent laws in East Timor.

Ecuador

SOUTH AMERICA

Once part of the Inca heartland, Ecuador lies on the western coast of South America. Its territory includes the fascinating Galápagos Islands, 610 miles (970 km) to the west.

OFFICIAL NAME: Republic of Ecuador
DATE OF FORMATION: 1830
CAPITAL: Quito
POPULATION: 15.0 million
TOTAL AREA: 109,483 sq. miles (283,560 sq. km)
DENSITY: 127 people per sq. mile
LANGUAGES: Spanish*, Quechua, other Amerindian languages
RELIGIONS: Roman Catholic 93%; Protestant, Jewish, and other 7%
ETHNIC MIX: Mestizo 55%, Amerindian 25%, White 10%, Black 10%
GOVERNMENT: Presidential system
CURRENCY: US dollar = 100 cents

Geography

Ecuador lies between latitudes 2°N and 5°S, and longitudes 75° and 92°W. Ecuador's capital is Quito, which is in the province of Pichincha in the Sierra region. Its largest city is Guayaquil, in the Guayas Province. Cotopaxi, which is just south of Quito, features one of the world's highest active volcanoes. The top of Mount Chimborazo (6,310 m above sea level) is considered to be the most distant point from the centre of the earth, given the ovoid shape of the planet.

Climate

There is great variety in the climate, largely determined by altitude. It is mild year-round in the mountain valleys; Humid Subtropical Climate incoastal and Rain Forests in lowlands. The Pacific coastal area has a tropical climate, with a severe rainy season. The climate in the Andean highlands is temperate and relatively dry; and the Amazon basin on the eastern side of the mountains shares the climate of other rain forest zones.

Because of its location at the equator, Ecuador experiences little variation in daylight hours during the course of a year. Both sunrise and sunset occur each day at the two six o'clock hours.

People & Society

Most people are of Amerindian– Spanish extraction (mestizo). Black communities exist on the coast. The strong and largely unified Amerindian movement leads the pressure for social reform; one in eight people live in extreme poverty. Recent left-wing policies have given greater rights to women, the poor, and Amerindians.

Economy

Ecuador's economy has heavily depended on exporting resources such as petroleum, fish, shrimp, timber and gold. In addition, it has rich agriculture: bananas, flowers, coffee, cacao, guayusa, sugar, tropical fruits, palm oil, palm hearts, rice, roses, and corn. The country´s greatest national export is crude oil. Fluctuations in world market prices can have a substantial domestic impact. Industry is largely oriented to servicing the domestic market, with some exports to the Andean Community of Nations.

Deteriorating economic performance in 1997–98 culminated in a severe economic and financial crisis in 1999. The crisis was precipitated by the El Niño weather phenomenon in 1997, a sharp drop in global oil prices in 1997–98, and international emerging market instability in 1997–98. These factors resulted in a 7.3% contraction of GDP, annual year-on-year inflation of 52.2%, and a 65% devaluation of the national currency, the Sucre, in 1999, which helped precipitate a default on external loans later that year. In January 2000, President Jamil Mahuad announced a policy to adopt the U.S. dollar as the official currency of Ecuador, and although Mahuad was forced from office, his successor Gustavo Noboa continued with the plan, and also entered into negotiations with the IMF.

Egypt

AFRICA

Occupying the northeast corner of Africa, Egypt is divided by the highly fertile Nile Valley. Its essentially pro-Western, militarybacked regime is being challenged by Islamic fundamentalists.

OFFICIAL NAME: Arab Republic of Egypt
DATE OF FORMATION: 1936
CAPITAL: Cairo
POPULATION: 80.8 million
TOTAL AREA: 386,660 sq. miles (1,001,450 sq. km)
DENSITY: 216 people per sq. mile
LANGUAGES: Arabic*, French, English, Berber
RELIGIONS: Muslim (mainly Sunni) 94%, Coptic Christian and other 6%
ETHNIC MIX: Egyptian 99%, other (Nubian, Armenian, Greek, Berber) 1%
GOVERNMENT: Presidential system
CURRENCY: Egyptian pound = 100 piastres

Geography

At 1,001,450 square kilometers (386,660 sq mi), Egypt is the world's 30th-largest country. In land area, it is about the same size as all Central America, twice the size of Spain, four times the size of the United Kingdom, and the combined size of the US states of Texas and California. It lies between latitudes 22° and 32°N, and longitudes 24° and 36°E.

Nevertheless, due to the aridity of Egypt's climate, population centres are concentrated along the narrow Nile Valley and Delta, meaning that about 99% of the population uses only about 5.5% of the total land area. Egypt is bordered by Libya to the west, Sudan to the south, and by the Gaza Strip and Israel to the east. Egypt's important role in geopolitics stems from its strategic position: a transcontinental nation, it possesses a land bridge (the Isthmus of Suez) between Africa and Asia, traversed by a navigable waterway (the Suez Canal) that connects the Mediterranean Sea with the Indian Ocean by way of the Red Sea.

Apart from the Nile Valley, the majority of Egypt's landscape is desert. Winds create prolific sand dunes that peak at more than 100 feet (30 m) high. Egypt includes parts of the Sahara Desert and of the Libyan Desert. These deserts that protected the Kingdom of the Pharaohs from western threats were referred to as the "red land" in ancient Egypt.

Towns and cities include Alexandria, the second largest city; Aswan; Asyut; Cairo, the modern Egyptian capital and largest city; El-Mahalla El-Kubra; Giza, the site of the Pyramid of Khufu; Hurghada; Luxor; Kom Ombo; Port Safaga; Port Said; Sharm el Sheikh; Suez, where the Suez Canal is located; Zagazig; and Al-Minya. Oases include Bahariya, el Dakhla, Farafra, el Kharga and Siwa. Protectorates include Ras Mohamed National Park, Zaranik Protectorate and Siwa.

See Egyptian Protectorates for more information.

Climate

Most of Egypt's rain falls in the winter months. South of Cairo, rainfall averages only around 2 to 5 mm (0.1 to 0.2 in) per year and at intervals of many years. On a very thin strip of the northern coast the rainfall can be as high as 410 mm (16.1 in), mostly between October and March. Snow falls on Sinai's mountains and some of the north coastal cities such as Damietta, Baltim, Sidi Barrany, etc. and rarely in Alexandria. Frost is also known in mid-Sinai and mid-Egypt.

Temperatures average between 80 °F (27 °C) and 90 °F (32 °C) in summer, and up to 109 °F (43 °C) on the Red Sea coast. Winter temperatures average between 55 °F (13 °C) and 70 °F (21 °C). A steady wind from the northwest helps lower temperatures near the Mediterranean coast. The Khamaseen is a wind that blows from the south in spring, bringing sand and dust, and sometimes raises the temperature in the desert to more than 100 °F (38 °C).

Prior to the construction of the Aswan Dam, the Nile flooded annually (colloquially The Gift of the Nile) replenishing Egypt's soil. This gave the country consistent harvest throughout the years.

The potential rise in sea levels due to global warming could threaten Egypt's densely populated coastal strip and have grave consequences for the country's economy, agriculture and industry. Combined with growing demographic pressures, a significant rise in sea levels could turn millions of Egyptians into environmental refugees by the end of the century, according to some climate experts.

People & Society

Despite a long tradition of ethnic and religious tolerance, the rise of Islam has sparked clashes between Muslims and Copts (Coptic Christianity is one of the Church's earliest branches). Women play a full part in education and the economy, though this is threatened by Islamism. Rapidly growing population is a problem. Poverty is rife around Cairo.

Egypt is the most populated country in the Middle East and the third most populous on the African continent, at about 80 million inhabitants in 2009.

Egypt also hosts an unknown number of refugees and asylum seekers, estimated to be between 500,000 and 3 million. There are some 70,000 Palestinian refugees, and about 150,000 recently arrived Iraqi refugees, but the number of the largest group, the Sudanese, is contested. The once-vibrant Greek and Jewish communities in Egypt have almost disappeared, with only a small number remaining in the country, but many Egyptian Jews visit on religious occasions and for tourism. Several important Jewish archaeological and historical sites are found in Cairo, Alexandria and other cities.

In income distribution, an estimated "35 to 40%" of Egypt's population earn less than the equivalent of $2 a day, while at the high end 2–3% may be termed rich.

Economy

Egypt's economy depends mainly on agriculture, media, petroleum exports, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe. The completion of the Aswan High Dam in 1970 and the resultant Lake Nasser have altered the time-honored place of the Nile River in the agriculture and ecology of Egypt. A rapidly growing population, limited arable land, and dependence on the Nile all continue to overtax resources and stress the economy.

The government has invested in communications and physical infrastructure. Egypt has received U.S. foreign aid (since 1979, an average of $2.2 billion per year) and is the third-largest recipient of such funds from the United States following the Iraq war. Its main revenues however come from tourism as well as traffic that goes through the Suez Canal.

Egypt has a developed energy market based on coal, oil, natural gas, and hydro power. Substantial coal deposits are in the northeast Sinai, and are mined at the rate of about 600,000 metric tons (590,000 long tons; 660,000 short tons) per year. Oil and gas are produced in the western desert regions, the Gulf of Suez, and the Nile Delta. Egypt has huge reserves of gas, estimated at 1,940 cubic kilometres (470 cu mi), and LNG is exported to many countries.

Economic conditions have started to improve considerably after a period of stagnation from the adoption of more liberal economic policies by the Government, as well as increased revenues from tourism and a booming stock market. In its annual report, the International Monetary Fund (IMF) has rated Egypt as one of the top countries in the world undertaking economic reforms. Some major economic reforms taken by the new government since 2003 include a dramatic slashing of customs and tariffs. A new taxation law implemented in 2005 decreased corporate taxes from 40% to the current 20%, resulting in a stated 100% increase in tax revenue by the year 2006.

Foreign direct investment (FDI) into Egypt has increased considerably in the past few years, exceeding $6 billion in 2006, due to the recent economic liberalization and privatization measures taken by minister of investment Mahmoud Mohieddin.

Although one of the main obstacles still facing the Egyptian economy is the trickle down of the wealth to the average population, many Egyptians criticize their Government for higher prices of basic goods while their standards of living or purchasing power remains relatively stagnant. Corruption is often cited by Egyptians as the main impediment to further economic growth. The Government promises major reconstruction of the country's infrastructure, using money paid for the newly acquired third mobile license ($3 billion) by Etisalat.

Egypt's most prominent multinational companies are the Orascom Group and Raya Contact Center. The IT sector has expanded rapidly in the past few years, with many start-ups selling outsourcing services to North America and Europe, operating with companies such as Microsoft, Oracle and other major corporations, as well as many small and medium enterprises. Some of these companies are the Xceed Contact Center, Raya, E Group Connections and C3. The sector has been stimulated by new Egyptian entrepreneurs with Government encouragement.

An estimated 2.7 million Egyptians abroad contribute actively to the development of their country through remittances (US$ 7.8 billion in 2009), as well as circulation of human and social capital and investment.

El Salvador

NORTH & CENTRAL AMERICA

El Salvador is Central America's smallest and most densely populated country. Already struggling to recover from a civil war in the 1980s, it was badly struck by earthquakes in 2001.

OFFICIAL NAME: Republic of El Salvador
DATE OF FORMATION: 1841
CAPITAL: San Salvador
POPULATION: 6.13 million
TOTAL AREA: 8124 sq. miles (21,040 sq. km)
DENSITY: 770 people per sq. mile
LANGUAGES: Spanish
RELIGIONS: Roman Catholic 80%, Evangelical 18%, other 2%
ETHNIC MIX: Mestizo 94%, Amerindian 5%, White 1%
GOVERNMENT: Presidential system
CURRENCY: Salvadorean colón = 100 centavos; US dollar = 100 cents

Geography

El Salvador is located in Central America. It has a total area of 8,123 square miles (21,040 km²) (about the size of Massachusetts or Wales). It is the smallest country in continental America and is affectionately called ("Pulgarcito de America"), the "Tom Thumb of the Americas". It has 123.6 square miles (320 km²) of water within its borders. It lies between latitudes 13° and 15°N, and longitudes 87° and 91°W.

Several small rivers flow through El Salvador into the Pacific Ocean, including the Goascorán, Jiboa, Torola, Paz and the Río Grande de San Miguel. Only the largest river, the Lempa River, flowing from Guatemala and Honduras across El Salvador to the ocean, is navigatable for commercial traffic.

Volcanic craters enclose lakes, the most important of which are Lake Ilopango (70 km²/27 sq mi) and Lake Coatepeque (26 km²/10 sq mi). Lake Güija is El Salvador's largest natural lake (44 km²/17 sq mi). Several artificial lakes were created by the damming of the Lempa, the largest of which is Embalse Cerrón Grande (135 km²).

El Salvador shares borders with Guatemala and Honduras. It is the only Central American country that does not have a Caribbean coastline. The highest point in the country is Cerro El Pital at 8,957 feet (2,730 m), which shares a border with Honduras.

Climate

El Salvador has a tropical climate with pronounced wet and dry seasons. Temperatures vary primarily with elevation and show little seasonal change. The Pacific lowlands are uniformly hot; the central plateau and mountain areas are more moderate. The rainy season extends from May to October, this time of year is referred to as invierno or winter. Almost all the annual rainfall occurs during this time, and yearly totals, particularly on southern-facing mountain slopes, can be as high as 2,170 millimetres (85.4 in). The best time to visit El Salvador would be at the beginning or end of the dry season. Protected areas and the central plateau receive less, although still significant, amounts. Rainfall during this season generally comes from low pressure over the Pacific and usually falls in heavy afternoon thunderstorms. Hurricanes occasionally form in the Pacific with the notable exception of Hurricane Mitch.

From November through April, the northeast trade winds control weather patterns; this time of year is referred to as verano, or summer. During these months, air flowing from the Caribbean has lost most of the precipitation while passing over the mountains in Honduras. By the time this air reaches El Salvador, it is dry, hot, and hazy. However, in the extreme northeastern part of the country, near Cerro El Pital snow is know to fall during this time as well as during the winter of course due to a very high elevation (it is often referred to as the coldest place in the country). During El Salvador's summer temperatures are warm to hot but dry (excluding the northern higher mountain ranges, where temperatures are chilly).

People & Society

Population is largely mestizo; ethnic tensions are few. The 1981–1991 civil war was fought between the US-backed right-wing government and left-wing FMLN guerrillas, over gross economic disparities, which still exist despite some reform. During the war, 75,000 people died, many of whom were unarmed civilians, and human rights abuses were widespread. The FMLN won the presidency in 2009.

El Salvador is the only Central American country that has no visible or significant African population because of its lack of an Atlantic coastline and attendant access to the slave trade which occurred along the east coast of the continent. This lack of Afro-Salvadoran population is also due to la law imposed by the Spanish and Criollos around the 17th century after a slave revolt, and which was sustained by authorities even after the independence from Spain in 1821 and abolished almost up until the end on 20th century, in which it didn't permit people of African descendent to enter the country unless it was absolutely necessary. In addition, General Maximiliano Hernandez Martinez instituted race laws in 1930 that prohibited four ethnic groups blacks, Gypsies, Asians, and Arabs, from entering the country and that certain people Lebanese, Syrian, Palestine and Turkish, were not allowed to enter El Salvador unless they were of European ancestry and it was not until the 1980s that this law was removed. Regardless of these racial laws, Afro-Salvadorans are present in a some areas due to immigrants arriving from neighboring countries like Belize, Honduras, and Nicaragua who eventually mixed in with the population, and immigrants from Palestinian Christians are today one of the most noticeable groups in El Salvador.(According to the book "Seeing Indians -A Study of Race, Nation, and Power in El Salvador" by Viginia Q. Tilley, on page 210 it states "...no twentieth-century law or regulation ever prohibited the entry, settlement, or patriation of blacks, under the Martinez dictatorship or any other regime." In any case, there have been several publications presenting information about Africans in what is now El Salvador during the colonial period.)

Economy

There are several hydroelectric dams along the Lempa river. There is the Guayojo dam, the Cerrón Grande Hydroelectric Dam, the 5 de Noviembre dam, and the 15 de Septiembre dam which can be easily seen from the Pan-American highway. According to the IMF and CIA World Factbook, El Salvador has the third largest economy in the region (behind Costa Rica and Panama) when comparing nominal Gross Domestic Product and purchasing power GDP. El Salvador's GDP per capita stands at US$4,365.

Most of El Salvador's economy has been hampered by natural disasters such as earthquakes and hurricanes, but El Salvador currently has a steadily growing economy. The City in the country that has the population with the highest per capita, and where most international investors start is Antiguo Cuscatlan (HDI-0.886-very high)

GDP in purchasing power parity (PPP) in 2008 was estimated at $ 25.895 billion USD. The service sector is the largest component of GDP at 64.1%, followed by the industrial sector at 24.7% (2008 est.). Agriculture represents only 11.2% of GDP (2010 est.).

The GDP has been growing since 1996 at an annual rate that averages 3.2% real growth. The government has recently committed to free market initiatives, and the 2007 GDP's real growth rate was 4.7%.

In December 1999, net international reserves equaled US$1.8 billion or roughly five months of imports. Having this hard currency buffer to work with, the Salvadoran government undertook a monetary integration plan beginning January 1, 2001 by which the U.S. dollar became legal tender alongside the Salvadoran colón and all formal accounting was done in U.S. dollars. This way, the government has formally limited its possibility of implementing open market monetary policies to influence short term variables in the economy. As of September 2007, net international reserves stood at $2.42 billion.

A challenge in El Salvador has been developing new growth sectors for a more diversified economy. In the past the country produced gold and silver. As many other former colonies, for many years El Salvador was considered a mono-export economy (an economy that depended heavily on one type of export). During colonial times, the Spanish decided that El Salvador would produce and export indigo, but after the invention of synthetic dyes in the 19th century, Salvadoran authorities and the newly created modern state turned to coffee as the main export.

There are a total of 15 free trade zones in El Salvador. El Salvador signed the Central American Free Trade Agreement (CAFTA) — negotiated by the five countries of Central America and the Dominican Republic — with the United States in 2004. CAFTA requires that the Salvadoran government adopt policies that foster free trade. El Salvador has signed free trade agreements with Mexico, Chile, the Dominican Republic, and Panama and increased its trade with those countries. El Salvador, Guatemala, Honduras, and Nicaragua also are negotiating a free trade agreement with Canada. In October 2007, these four countries and Costa Rica began free trade agreement negotiations with the European Union. Negotiations started in 2006 for a free trade agreement with Colombia.

The government has focused on improving the collection of its current revenues with a focus on indirect taxes. A 10% value-added tax (IVA in Spanish), implemented in September 1992, was raised to 13% in July 1995.

Inflation has been steady and among the lowest in the region. Since 1997 inflation has averaged 3%, with recent years increasing to nearly 5%. As a result of the free trade agreements from 2000 to 2006 total exports have grown 19% from $2.94 billion to $3.51 billion, and total imports have risen 54% from $4.95 billion to $7.63 billion. This has resulted in a 102% increase in the trade deficit from $2.01 billion to $4.12 billion.

Remittances from Salvadorans living and working in the United States, sent to family in El Salvador, are a major source of foreign income and offset the substantial trade deficit of $4.12 billion. Remittances have increased steadily in the last decade and reached an all-time high of $3.32 billion in 2006 (an increase of 17% over the previous year) approximately 16.2% of gross domestic product(GDP).

Remittances have had positive and negative effects on El Salvador. In 2005 the number of people living in extreme poverty in El Salvador was 20%, according to a United Nations Development Program report, without remittances the number of Salvadorans living in extreme poverty would rise to 37%. While Salvadoran education levels have gone up, wage expectations have risen faster than either skills or productivity. For example, some Salvadorans are no longer willing to take jobs that pay them less than what they receive monthly from family members abroad. This has led to an influx of Hondurans and Nicaraguans who are willing to work for the prevailing wage. Also, the local propensity for consumption over investment has increased. Money from remittances has also increased prices for certain commodities such as real estate. Many Salvadorans abroad earning much higher wages can afford higher prices for houses in El Salvador than local Salvadorans and thus push up the prices that all Salvadorans must pay.

Despite being the smallest country geographically in Central America, El Salvador has the third largest economy with a per capita income that is roughly two-thirds that of Costa Rica and Panama, but more than double that of Nicaragua. Growth has been modest in recent years and the economy contracted nearly 3% in 2009. Due to a growing and dollarized economy In recent years, El Salvador is seeing an increase of Central American, South American, and Caribbean immigrants from Guatemalans, Hondurans, Nicaraguans, Dominicans, Colombians, Venezuelan, Peruvians and Cubans searching for better living opportunities. El Salvador leads the region in remittances per capita with inflows equivalent to nearly all export income and about a third of all households receive these financial inflows. In 2006 El Salvador was the first country to ratify the Central America-Dominican Republic Free Trade Agreement. CAFTA has bolstered exports of processed foods, sugar, and ethanol, and supported investment in the apparel sector, which faced Asian competition with the expiration of the Multi-Fiber Agreement in 2005. In anticipation of the declines in the apparel sector's competitiveness, the previous administration sought to diversify the economy by promoting the country as a regional distribution and logistics hub, and by promoting tourism investment through tax incentives. El Salvador has promoted an open trade and investment environment, and has embarked on a wave of privatizations extending to telecom, electricity distribution, banking, and pension funds. In late 2006, the government and the Millennium Challenge Corporation signed a five-year, $461 million compact to stimulate economic growth and reduce poverty in the country's northern region, the primary conflict zone during the civil war, through investments in education, public services, enterprise development, and transportation infrastructure. With the adoption of the US dollar as its currency in 2001, El Salvador lost control over monetary policy. Any counter-cyclical policy response to the downturn must be through fiscal policy, which is constrained by legislative requirements for a two-thirds majority to approve any international financing.

Equatorial Guinea

AFRICA

Comprising the mainland territory of Río Muni and five islands on the west coast of central Africa, Equatorial Guinea, despite its name, lies just north of the equator.

OFFICIAL NAME: Republic of Equatorial Guinea
DATE OF FORMATION: 1968
CAPITAL: Malabo
POPULATION: 676,000
TOTAL AREA: 10,830 sq. miles (28,051 sq. km)
DENSITY: 62 people per sq. mile
LANGUAGES: Spanish*, Fang, Bubi, French*
RELIGIONS: Roman Catholic 90%, other 10%
ETHNIC MIX: Fang 85%, other 11%, Bubi 4%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Equatorial Guinea is located in west central Africa. The country consists of a mainland territory, Río Muni, which is bordered by Cameroon to the north and Gabon to the east and south and five small islands, Bioko, Corisco, Annobón, Small Elobey and Great Elobey. Bioko, the site of the capital, Malabo, lies about 40 kilometers (25 mi) off the coast of Cameroon. Annobón island is about 350 kilometers (220 mi) west-south-west of Cape Lopez in Gabon. Corisco and the two Elobey islands are in Corisco Bay, on the border of Río Muni and Gabon.

Equatorial Guinea lies between latitudes 4°N and 2°S, and longitudes 5° and 12°E. Despite its name, no part of the country's territory lies on the equator - it is entirely in the northern hemisphere, except for the island province of Annobón which is about 155 km south of the equator.

Equatorial Guinea spans several ecoregions. Río Muni region lies within the Atlantic Equatorial coastal forests ecoregion except for patches of Central African mangroves on the coast, especially in the Muni River estuary. The Cross-Sanaga-Bioko coastal forests ecoregion covers most of Bioko and as well as the adjacent portions of Cameroon and Nigeria on the African mainland, and the Mount Cameroon and Bioko montane forests ecoregion covers the highlands of Bioko and nearby Mount Cameroon.

The São Tomé, Príncipe, and Annobón moist lowland forests ecoregion covers all of Annobón, as well as São Tomé and Príncipe.

Climate

Equatorial Guinea has a tropical climate with distinct wet and dry seasons. From June to August, Río Muni is dry and Bioko wet; from December to February, the reverse occurs. In between there is gradual transition. Rain or mist occurs daily on Annobón, where a cloudless day has never been registered. The temperature at Malabo, Bioko, ranges from 16 °C (61 °F) to 33 °C (91 °F), though on the southern Moka Plateau normal high temperatures are only 21 °C (70 °F). In Río Muni, the average temperature is about 27 °C (81 °F). Annual rainfall varies from 1,930 mm (76 in) at Malabo to 10,920 mm (430 in)) at Ureka, Bioko, but Río Muni is somewhat drier.

People & Society

Equatorial Guinea is the only Spanish-speaking country in Africa. Río Muni is sparsely populated and most people there are Fang, an ethnic group also found in Cameroon and northern Gabon. Bioko is populated by Bubi and a minority of Creoles known as Fernandinos. Tensions between the two territories have been reignited by the discovery of oil off Bioko. Wealth is concentrated in the ruling clan; oil revenue in the last decade has made little impact on most people.

Economy

Pre-independence Equatorial Guinea counted on cocoa production for hard currency earnings. It had the highest per capita income of Africa in 1959. On January 1, 1985, the country became the first non-Francophone African member of the franc zone, adopting the CFA as its currency. The national currency, the ekwele, was previously linked to the Spanish peseta.

The discovery of large oil reserves in 1996 and its subsequent exploitation have contributed to a dramatic increase in government revenue. As of 2004, Equatorial Guinea is the third-largest oil producer in Sub-Saharan Africa. Its oil production has risen to 360,000 barrels per day (57,000 m3/d), up from 220,000 only two years earlier.

Forestry, farming, and fishing are also major components of GDP. Subsistence farming predominates. The deterioration of the rural economy under successive brutal regimes has diminished any potential for agriculture-led growth.

In July 2004, the United States Senate published an investigation into Riggs Bank, a Washington-based bank into which most of Equatorial Guinea's oil revenues were paid until recently, and which also banked for Chile's Augusto Pinochet. The Senate report, as to Equatorial Guinea, showed that at least $35 million were siphoned off by Obiang, his family and senior officials of his regime. The president has denied any wrongdoing. While Riggs Bank in February 2005 paid $9 million as restitution for its banking for Chile's Augusto Pinochet, no restitution was made with regard to Equatorial Guinea, as reported in detail in an Anti-Money Laundering Report from Inner City Press.

Equatorial Guinea is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

Equatorial Guinea tried to become validated as an Extractive Industries Transparency Initiative (EITI) Compliant country, working toward transparency in reporting of oil revenues and the prudent use of natural resource wealth. The country was one of 30 Candidate countries and obtained Candidate status February 22, 2008. It was then were required to meet a number of obligations to do so, including committing to working with civil society and companies on EITI implementation, appointing a senior individual to lead on EITI implementation, and publishing a fully costed Work Plan with measurable targets, a timetable for implementation and an assessment of capacity constraints. However, when Equatorial Guinea applied to extend the deadline for completing EITI validation, the EITI Board did not agree to grant Equatorial Guinea an extension.

Eritrea

AFRICA

Lying along the southwest shore of the Red Sea, Eritrea won a long war for independence from Ethiopia in 1993. The two neighbors fought a bitter border war in 1998–2000.

OFFICIAL NAME: State of Eritrea
DATE OF FORMATION: 1993
CAPITAL: Asmara
POPULATION: 5.22 million
TOTAL AREA: 46,842 sq. miles (121,320 sq. km)
DENSITY: 112 people per sq. mile
LANGUAGES: Tigrinya*, English*, Tigre, Afar, Arabic*, Bilen, Kunama, other
RELIGIONS: Christian 45%, Muslim 45%, other 10%
ETHNIC MIX: Tigray 50%, Tigre 31%, other 9%, Saho 5%, Afar 5%
GOVERNMENT: Transitional regime
CURRENCY: Nakfa = 100 cents

Geography

Eritrea is located in Northeast Africa and is bordered on the northeast and east by the Red Sea, on the south by Ethiopia, and on the northwest by Sudan. It lies between latitudes 12° and 18°N, and longitudes 36° and 44°E.

The country is virtually bisected by one of the world's longest mountain ranges, formed by the processes that formed the Great Rift Valley, with fertile lands to the west, descending to desert in the east. Eritrea, at the southern end of the Red Sea, is the home of the fork in the rift. The Dahlak Archipelago and its fishing grounds are situated off the sandy and arid coastline. The land to the south, in the highlands, is slightly drier and cooler.

The Afar Triangle or Danakil Depression of Eritrea is the probable location of a triple junction where three tectonic plates are pulling away from one another: the Arabian Plate, and the two parts of the African Plate (the Nubian and the Somali plate) splitting along the East African Rift Zone (USGS). The highest point of the country, Emba Soira, is located in the center of Eritrea, at 3,018 meters (9,902 ft) above sea level.

The main cities of the country are the capital city of Asmara and the port town of Asseb in the southeast, as well as the towns of Massawa to the east, and Keren to the north.

Climate

Warm in the mountains; desert areas are hot. Droughts from July onward are common.

People & Society

Tigrinya-speakers, mainly Orthodox Christians, are the most numerous of nine main ethnic groups. A strong sense of nationhood has been forged by war. Women played a vital role in combat. Over 80% of people are subsistence armers.
Multiparty elections, expected since 1997, have been persistently postponed.

Economy

Like the economies of many other African nations, the economy is largely based on subsistence agriculture, with 80% of the population involved in farming and herding. Drought has often created trouble in the farming areas.

The Real GDP (2009 est.): $1.87 billion, and the annual growth rate (2009 est.): 3.6%.

The Eritrean-Ethiopian War severely hurt Eritrea's economy. GDP growth in 1999 fell to less than 1%, and GDP decreased by 8.2% in 2000. In May 2000, the war resulted in some $600 million in property damage and loss, including losses of $225 million in livestock and 55,000 homes. The war also prevented the planting of crops in Eritrea's most productive region, causing food production to drop by 62%.

Even during the war, Eritrea developed its transportation infrastructure by asphalting new roads, improving its ports, and repairing war-damaged roads and bridges as a part of the Warsay Yika'alo Program. The most significant of these projects was the building of a coastal highway of more than 500 km connecting Massawa with Asseb as well as the rehabilitation of the Eritrean Railway. The rail line now runs between the Port of Massawa and the capital Asmara.

Estonia

EUROPE

The smallest and most Western-oriented of the former Soviet-ruled Baltic states, Estonia is also the most developed, but its standard of living is well below the EU average.

OFFICIAL NAME: Republic of Estonia
DATE OF FORMATION: 1991
CAPITAL: Tallinn
POPULATION: 1.34 million
TOTAL AREA: 17,462 sq. miles (45,226 sq. km)
DENSITY: 77 people per sq. mile
LANGUAGES: Estonian*, Russian
RELIGIONS: Evangelical Lutheran 56%, Orthodox Christian 25%, other 19%
ETHNIC MIX: Estonian 68%, Russian 26%, other 4%, Ukrainian 2%
GOVERNMENT: Parliamentary system
CURRENCY: Kroon = 100 senti

Geography

Estonia's land border with Latvia runs 267 kilometers; the Russian border runs 290 kilometers. From 1920 to 1945, Estonia's border with Russia, set by the 1920 Tartu Peace Treaty, extended beyond the Narva River in the northeast and beyond the town of Pechory (Petseri) in the southeast. This territory, amounting to some 2,300 square kilometers (888 sq mi), was incorporated into Russia by Stalin at the end of World War II. For this reason the borders between Estonia and Russia are not still defined today.

Estonia lies on the eastern shores of the Baltic Sea immediately across the Gulf of Finland from Finland on the level northwestern part of the rising east European platform between 57.3° and 59.5° N and 21.5° and 28.1° E. Average elevation reaches only 50 meters (164 ft) and the country's highest point is the Suur Munamägi in the southeast at 318 meters (1,043 ft). There is 3,794 kilometers (2,357 mi) of coastline marked by numerous bays, straits, and inlets. The number of islands and islets is estimated at some 1,500. Two of them are large enough to constitute separate counties: Saaremaa and Hiiumaa. A small, recent cluster of meteorite craters, the largest of which is called Kaali is found on Saaremaa, Estonia.

Phytogeographically, Estonia is shared between the Central European and Eastern European provinces of the Circumboreal Region within the Boreal Kingdom. According to the WWF, the territory of Estonia belongs to the ecoregion of Sarmatic mixed forests.

Climate

Estonia is situated in the northern part of the temperate climate zone and in the transition zone between maritime and continental climate. Estonia has four seasons of near-equal length. Average temperatures range from 16.3 °C (61.3 °F) on the Baltic islands to 18.1 °C (64.6 °F) inland in July, the warmest month, and from −3.5 °C (25.7 °F) on the Baltic islands to −7.6 °C (18.3 °F) inland in February, the coldest month. The average annual temperature in Estonia is 5.2 °C (41.4 °F). The average precipitation in 1961–1990 ranged from 535 to 727 mm (21.1 to 28.6 in) per year.

Snow cover, which is deepest in the south-eastern part of Estonia, usually lasts from mid-December to late March. Estonia has over 1,400 lakes. Most are very small, with the largest, Lake Peipus, (Peipsi in Estonian) being 3,555 km^2 (1,373 sq mi). There are many rivers in the country. The longest of them are Võhandu (162 km/101 mi), Pärnu (144 km/89 mi), and Põltsamaa (135 km/84 mi). Estonia has numerous fens and bogs.

People & Society

Tigrinya-speakers, mainly Orthodox Christians, are the most numerous of nine main ethnic groups. A strong sense of nationhood has been forged by war. Women played a vital role in combat. Over 80% of people are subsistence armers.
Multiparty elections, expected since 1997, have been persistently postponed.

Economy

As a member of the European Union, Estonia's economy is rated as high income by the World Bank. Due to its rapid growth, the Estonian economy has often been described as the Baltic Tiger. Beginning 1 January 2011, Estonia adopted the euro and became the 17th eurozone member state.

According to Eurostat published at 15 November 2010, Estonia has the lowest ratio of government debt to GDP among EU counties as 7.2 percent at the end of 2009. The world media has lately started to describe Estonia as Nordic country, emphasizing the economic, political and cultural differences between Estonia and its less successful Baltic neighbors.

A balanced budget, almost non-existent public debt, flat-rate income tax, free trade regime, competitive commercial banking sector, innovative e-Services and even mobile-based services are all hallmarks of Estonia's market economy.

Estonia is producing ca 75% of its consumed electricity. Over 85% of it generated with locally mined oil shale. Alternative energy sources such as wood, peat, and biomass make up approximately 9% of primary energy production. Renewable wind energy part was ca 6% of total consumption in 2009. Estonia imports needed petroleum products from western Europe and Russia. Oil shale energy, telecommunications, textiles, chemical products, banking, services, food and fishing, timber, shipbuilding, electronics, and transportation are key sectors of the economy. The ice-free port of Muuga, near Tallinn, is a modern facility featuring good transshipment capability, a high-capacity grain elevator, chill/frozen storage, and brand-new oil tanker off-loading capabilities. The railroad serves as a conduit between the West, Russia, and other points to the East.

Estonia today is mainly influenced by developments in Finland, Sweden and Germany – the three main trade partners. The government recently increased greatly its spending on innovation. The prime minister of Estonian Reform Party has stated its goal of bringing Estonian GDP per capita into the TOP 5 of EU by 2022. Ireland is sometimes seen as a model for Estonian economic future.

Due to the Global Economic Recession, the GDP of Estonia decreased by 1.4% in the 2nd quarter of 2008, over 3% in the 3rd quarter of 2008, and over 9% in the 4th quarter of 2008. The Estonian government made a supplementary negative budget, which was passed by Riigikogu. The revenue of the budget was decreased for 2008 by EEK 6.1 billion and the expenditure by EEK 3.2 billion. In 2010, the economic situation stabilized and started a growth based on strong exports. In the fourth quarter of 2010, Estonian industrial output increased by 23% compared to the year before. In 2011, Danske Bank is predicting Estonia's economic growth to be 3.9 percent.

According to Eurostat data, Estonian PPS GDP per capita stood at 67% of the EU average in 2008. In March 2011, the average monthly gross salary in Estonia was 843€

However, there are big differences in GDP between different areas in Estonia. Currently, over half of the Estonian GDP is created in the capital Tallinn. In 2008, the GDP per capita of Tallinn stood at 172% of the Estonian average. This makes the GDP per capita of Tallinn number in at 115% of the European Union average, exceeding the average levels of other counties.

The registered unemployment rate was in April 2011 10.1%.

Although Estonia is in general resource-poor, the land still offers a large variety of smaller resources. The country has large oil shale and limestone deposits, along with forests which cover 50.6% of the land. In addition to oil shale and limestone, Estonia also has large reserves of phosphorite, pitchblende and granite which are not mined or mined extensively at the moment.

Significant quantities of rare earth oxides are found in tailings accumulated from 50 years of uranium ore, shale and loparite mining at Sillamäe. Due to the rising prices of rare earths, extraction of these oxides has become economically viable. The country currently exports around 3000 tonnes per annum, representing around 2 percent of world production.

In recent years a public debate has been raised in the terms of whether Estonia should build a nuclear power plant in order to secure the energy production after the closure of old units in the Narva Power Plants if they are not reconstructed by the year 2016.

Ethiopia

AFRICA

The former empire of Ethiopia once dominated northeast Africa. A Marxist regime in 1974–1991, now a free-market democracy, it has suffered economic, civil, and natural crises.

OFFICIAL NAME: Federal Democratic Republic of Ethiopia
DATE OF FORMATION: 1896
CAPITAL: Addis Ababa
POPULATION: 82.1 million
TOTAL AREA: 435,184 sq. miles (1,127,127 sq. km)
DENSITY: 193 people per sq. mile
LANGUAGES: Amharic*, Tigrinya, other
RELIGIONS: Orthodox Christian 40%, Muslim 40%, traditional 15%, other 5%
ETHNIC MIX: Oromo 32%, Amhara 30%, other 26%, Tigray 6%, Somali 6%
GOVERNMENT: Parliamentary system
CURRENCY: Ethiopian birr = 100 cents

Geography

At 435,071 square miles (1,126,829 km^2), Ethiopia is the world's 27th-largest country. It is comparable in size to Bolivia. It lies between latitudes 3° and 15°N, and longitudes 33° and 48°E.

The major portion of Ethiopia lies on the Horn of Africa, which is the easternmost part of the African landmass. Bordering Ethiopia are Sudan and South Sudan to the west, Djibouti and Eritrea to the north, Somalia to the east, and Kenya to the south. Within Ethiopia is a vast highland complex of mountains and dissected plateaus divided by the Great Rift Valley, which runs generally southwest to northeast and is surrounded by lowlands, steppes, or semi-desert. The great diversity of terrain determines wide variations in climate, soils, natural vegetation, and settlement patterns.

Ethiopia is an ecologically diverse country, ranging from the deserts along the eastern border to the tropical forests in the south to extensive Afromontane in the northern and southwestern parts. Lake Tana in the north is the source of the Blue Nile. It also has a large number of endemic species, notably the Gelada Baboon, the Walia Ibex and the Ethiopian wolf (or Simien fox). The wide range of altitude has given the country a variety of ecologically distinct areas, this has helped to encourage the evolution of endemic species in ecological isolation.

Climate

The predominant climate type is tropical monsoon, with wide topographic-induced variation. The Ethiopian Highlands which cover most of the country have a climate which is generally considerably cooler than other regions at similar proximity to the Equator. Most of the country's major cities are located at elevations of around 2,000–2,500 metres (6,562–8,202 ft) above sea level, including historic capitals such as Gondar and Axum.

The modern capital Addis Ababa is situated on the foothills of Mount Entoto at an elevation of around 2,400 metres (7,874 ft), and experiences a healthy and pleasant climate year round. With fairly uniform year round temperatures, the seasons in Addis Ababa are largely defined by rainfall, with a dry season from October–February, a light rainy season from March–May, and a heavy rainy season from June–September. The average annual rainfall is around 1,200 mm (47.2 in). There are on average 7 hours of sunshine per day, meaning it is sunny for around 60% of the available time. The dry season is the sunniest time of the year, though even at the height of the rainy season in July and August there are still usually several hours per day of bright sunshine. The average annual temperature in Addis Ababa is 16 °C (60.8 °F), with daily maximum temperatures averaging 20–25 °C (68–77 °F) throughout the year, and overnight lows averaging 5–10 °C (41–50 °F).

Most major cities and tourist sites in Ethiopia lie at a similar elevation to Addis Ababa and have a comparable climate. In less elevated regions, particularly the lower lying Ethiopian xeric grasslands and shrublands in the east of the country, the climate can be significantly hotter and drier. The town of Dallol, in the Danakil Depression in this eastern zone, has the world's highest average annual temperature of 34 °C (93.2 °F).

People & Society

76 Ethiopian nationalities speak 286 languages. Oromo (or Gallas) are the largest group. Ethnic representation is a major political issue. Orthodox Christianity has a very ancient history in Ethiopia. Former emperor Haile Selassie inspired Rastafarianism.

According to the Ethiopian national census of 2007, the Oromo are the largest ethnic group in Ethiopia, at 34.49% of the nation's population. The Amhara represent 26.89% of the country's inhabitants, while the Somali and Tigray represent 6.20% and 6.07% of the population, respectively. Other prominent ethnic groups are as follows: Sidama 4.01%, Gurage 2.53%, Wolayta 2.31%, Afar 1.73%, Hadiya 1.74%, Gamo 1.50%, Kefficho 1.18% and others 11%.

In 2007, Ethiopia hosted a population of refugees and asylum seekers numbering approximately 201,700. The majority of this population came from Somalia (approximately 111,600 persons), Sudan (55,400) and Eritrea (23,900). The Ethiopian government required nearly all refugees to live in refugee camps.

Economy

Ethiopia was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. In spite of fast growth in recent years, GDP per capita is one of the lowest in the world, and the economy faces a number of serious structural problems. There have been efforts for reform since 1991, but the scope of reform is modest. Agricultural productivity remains low, and frequent droughts still beset the country. The effectiveness of these policies is reflected in the ten-percent yearly economic growth from 2003–2008. Despite these economic improvements, urban and rural poverty remains an issue in the country.

Ethiopia is often ironically referred to as the "water tower" of Eastern Africa because of the many (14 major) rivers that pour off the high tableland. It also has the greatest water reserves in Africa, but few irrigation systems in place to use it. Just 1% is used for power production and 1.5% for irrigation.

Historically, Ethiopia's feudal and communist economic structure has always kept it one rainless season away from devastating droughts. Ethiopia has great potential to be a producer, as it is one of the most fertile countries in Africa. According to the New York Times, Ethiopia "could easily become the breadbasket for much of Europe if her agriculture were better organized."

Provision of telecommunications services is left to a state-owned monopoly. It is the view of the current government that maintaining state ownership in this vital sector is essential to ensure that telecommunication infrastructures and services are extended to rural Ethiopia, which would not be attractive to private enterprises.

The Ethiopian constitution defines the right to own land as belonging only to "the state and the people", but citizens may only lease land (up to 99 years), and are unable to mortgage or sell. Renting of land for a maximum of twenty years is allowed and this is expected to ensure that land goes to the most productive user.

Agriculture accounts for almost 41 percent of the gross domestic product (GDP), 80 percent of exports, and 80 percent of the labour force.Many other economic activities depend on agriculture, including marketing, processing, and export of agricultural products. Production is overwhelmingly by small-scale farmers and enterprises and a large part of commodity exports are provided by the small agricultural cash-crop sector. Principal crops include coffee, pulses (e.g., beans), oilseeds, cereals, potatoes, sugarcane, and vegetables. Recently, Ethiopia has had a fast-growing annual GDP and it was the fastest-growing non-oil-dependent African nation in 2007. Exports are almost entirely agricultural commodities, and coffee is the largest foreign exchange earner. Ethiopia is Africa's second biggest maize producer. Ethiopia's livestock population is believed to be the largest in Africa, and as of 1987 accounted for about 15 percent of the GDP. According to a recent UN report the GNP per capita of Ethiopia has reached $1541 (2009). The same report indicated that the life expectancy had improved substantially in recent years. The life expectancy of men is reported to be 56 years and for women 60 years.

Fiji

AUSTRALASIA & OCEANIA

A volcanic archipelago in the South Pacific, with two large islands and 880 islets. Tensions between native Fijians and the Indian minority have sparked a succession of coups.

OFFICIAL NAME: Republic of the Fiji Islands
DATE OF FORMATION: 1970
CAPITAL: Suva
POPULATION: 849,000
TOTAL AREA: 7054 sq. miles (18,270 sq. km)
DENSITY: 120 people per sq. mile
LANGUAGES: Fijian, English*, Hindi, Urdu, Tamil, Telugu
RELIGIONS: Hindu 38%, Methodist 37%, Catholic 9%, Muslim 8%, other 8%
ETHNIC MIX: Melanesian (Fijian) 51%, Indian 44%, other 5%
GOVERNMENT: Transitional regime
CURRENCY: Fiji dollar = 100 cents

Geography

Fiji covers a total area of some 194,000 square kilometres (75,000 sq mi) of which around 10% is land.

Fiji is the hub of the South West Pacific, midway between Vanuatu and the Kingdom of Tonga. The archipelago is located between 176° 53′ east and 178° 12′ west. The 180° meridian runs through Taveuni but the International Dateline is bent to give uniform time (UTC+12) to all of the Fiji group. With the exception of Rotuma, the Fiji group lies between 15° 42′ and 20° 02′ south. Rotuma is located 220 nautical miles (410 km; 250 mi) north of the group, 360 nautical miles (670 km; 410 mi) from Suva, 12° 30′ south of the equator.

Fiji consists of 322 islands (of which 106 are inhabited) and 522 smaller islets. The two most important islands are Viti Levu and Vanua Levu, which account for approximately three-quarters of the total land area of the country. The islands are mountainous, with peaks up to 1,324 metres (4,341 ft), and covered with thick tropical forests. The highest point is Mount Tomanivi on Viti Levu. Viti Levu hosts the capital city of Suva, and is home to nearly three quarters of the population. Other important towns include Nadi (the location of the international airport), and Lautoka, Fiji's second city with large sugar cane mills and a seaport.

The main towns on Vanua Levu are Labasa and Savusavu. Other islands and island groups include Taveuni and Kadavu (the third and fourth largest islands respectively), the Mamanuca Group (just off Nadi) and Yasawa Group, which are popular tourist destinations, the Lomaiviti Group, off Suva, and the remote Lau Group. Rotuma, some 270 nautical miles (500 km; 310 mi) north of the archipelago, has a special administrative status in Fiji, which nearest neighbour is Tonga in the east.

Climate

The climate in Fiji is tropical marine and warm most of the year round with minimal extremes. The warm season is from November till April and the cooler season May to October. Temperature in the cool season still averages 22 °C (72 °F).

Rainfall is variable, the warmer season experiences heavier rainfall, especially inland. Winds are moderate, though cyclones occur about once a year (10–12 times per decade).

People & Society

The British introduced workers from India in the late 19th century, and by 1946 their descendants outnumbered the indigenous Fijian population. Ethnic-Fijian nationalism is strong. Many Indo-Fijians left after the 1987 coup, restoring ethnic Fijians to a majority. In 2000, the first Indiandominated government was ousted. The army led another coup in 2006. Women are lobbying for more rights.

Fiji's culture is a rich mosaic of indigenous, Indian, Chinese and European traditions, comprising social polity, language, food (based mainly from the sea, casava, dalo & other vegetables), costume, belief systems, architecture, arts, craft, music, dance and sports.

The indigenous culture is very much active and living, and is a part of everyday life for the majority of the population. However, it has evolved with the introduction of old cultures like the Indian and Chinese ones, as well as a large influence from Europe, and from various Pacific neighbours of Fiji, mainly the Tongan and Samoan. The culture of Fiji has created a unique communal and national identity.

Fiji's culture was displayed at the Shanghai World Expo 2010, along with other Pacific countries in the Pacific Pavilion.

Economy

Fiji, endowed with forest, mineral, and fish resources, is one of the more developed of the Pacific island economies, though still with a large subsistence sector. Natural resources include timber, fish, gold, copper, offshore oil and hydropower. Fiji experienced a period of rapid growth in the 1960s and 1970s but stagnated in the 1980s. The coup of 1987 caused further contraction.

Economic liberalization in the years following the coup created a boom in the garment industry and a steady growth rate despite growing uncertainty of land tenure in the sugar industry. The expiration of leases for sugar cane farmers (along with reduced farm and factory efficiency) has led to a decline in sugar production despite a subsidized price. Subsidies for sugar have been provided by the EU and Fiji has been the second largest beneficiary after Mauritius.

Urbanization and expansion in the service sector have contributed to recent GDP growth. Sugar exports and a rapidly growing tourist industry — with 430,800 tourists in 2003 and increasing in the subsequent years — are the major sources of foreign exchange. Fiji is highly dependent on tourism for revenue. Sugar processing makes up one-third of industrial activity. Long-term problems include low investment and uncertain property rights. The political turmoil in Fiji has had a severe impact on the economy, which shrank by 2.8% in 2000 and grew by only 1% in 2001.

The tourism sector recovered quickly, however, with visitor arrivals reaching pre-coup levels again during 2002, which has since resulted in a modest economic recovery. This recovery continued into 2003 and 2004 but grew by 1.7% in 2005 and grew by 2.0% in 2006. Although inflation is low, the policy indicator rate of the Reserve Bank of Fiji was raised by 1% to 3.25% in February 2006 due to fears of excessive consumption financed by debt. Lower interest rates have so far not produced greater investment for exports.

However, there has been a housing boom from declining commercial mortgage rates. The tallest building in Fiji is the fourteen-storey Reserve Bank of Fiji Building in Suva, which was inaugurated in 1984. The Suva Central Commercial Centre, which opened in November 2005, was planned to outrank the Reserve Bank building at seventeen stories, but last-minute design changes made sure that the Reserve Bank building remains the tallest.

Trade and investment with Fiji has been criticized due to the country's military dictatorship. In 2008, Fiji's interim Prime Minister and coup leader Frank Bainimarama announced election delays and that it would pull out of the Pacific Islands Forum in Niue, where Bainimarama would have met with Australian Prime Minister Kevin Rudd and New Zealand Prime Minister Helen Clark.

The South Pacific Stock Exchange (SPSE) is the only licensed securities exchange in Fiji and is based in Suva. Its vision is to become a regional exchange.

Finland

EUROPE

Finland's language and national identity have been influenced by both its Scandinavian and Russian neighbors. Once aligned with the USSR, Finland is now a member of the EU.

OFFICIAL NAME: Republic of Finland
DATE OF FORMATION: 1917
CAPITAL: Helsinki
POPULATION: 5.38 million
TOTAL AREA: 130,127 sq. miles (337,030 sq. km)
DENSITY: 45 people per sq. mile
LANGUAGES: Finnish*, Swedish*, Sámi
RELIGIONS: Evangelical Lutheran 89%, other 9%, Orthodox Christian 1%, Roman Catholic 1%
ETHNIC MIX: Finnish 93%, other (including Sámi) 7%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Finland is a country of thousands of lakes and islands – 187,888 lakes (larger than 500 m2/0.12 acre) and 179,584 islands. Its largest lake, Saimaa, is the fourth largest in Europe. The Finnish landscape is mostly flat with few hills and fewer mountains. Its highest point, the Halti at 1,324 metres (4,344 ft), is found in the extreme north of Lapland at the border between Finland and Norway. The highest mountain, its peak being in Finland, is Ridnitsohkka at 1,316 m (4,318 ft), directly adjacent to Halti.

Finland lies between latitudes 59° and 71° N, and longitudes 20° and 32° E.

Forest covers 86% of the country's area, the largest forested area in Europe. The forest consists of pine, spruce, birch, larch and other species. Finland is the largest producer of wood in Europe and among the largest in the world.

The landscape is covered mostly (seventy-five percent of land area) by coniferous taiga forests and fens, with little arable land. The most common type of rock is granite. It is a ubiquitous part of the scenery, visible wherever there is no soil cover. Moraine or till is the most common type of soil, covered by a thin layer of humus of biological origin. Podzol profile development is seen in most forest soils except where drainage is poor. Gleysols and peat bogs occupy poorly drained areas. The greater part of the islands are found in the southwest in the Archipelago Sea, part of the archipelago of the Åland Islands, and along the southern coast in the Gulf of Finland.

Finland is one of the few countries in the world whose surface area is still expanding. Owing to the post-glacial rebound that has been taking place since the last ice age, the surface area of the country is expanding by about 7 square kilometres (2.7 sq mi) annually.

The distance from the southernmost – Hanko – to the northernmost point in the country – Nuorgam – is 1,160 kilometres (720 mi).

Climate

The Finnish climate is suitable for grain farming in the southernmost regions but not further north.

Finland has a humid and cool semi continental climate, characterized by warm summers and freezing winters. The climate type in southern Finland is north temperate climate. Winters of southern Finland (average day time temperature is below 0 °C/32 °F) are usually 4 months long, and the snow typically covers the land from middle of December to early April. In the southern coast, it can melt many times during early winter, and then come again. The coldest winter days of southern Finland are usually under −20 °C (−4 °F), and the warmest days of July and August can be as high as 30 °C (86 °F).

Climatic summers of the southern Finland last 4 months (from mid May to mid September). In northern Finland, particularly in Lapland, a subarctic climate dominates, characterized by cold – occasionally severe – winters and relatively warm, short summers. Winters in north Finland are nearly 7 months long, and snow covers the lands almost 6 months, from October to early May. Summers in the north are quite short, only 2–3 months.

The main factor influencing Finland's climate is the country's geographical position between the 60th and 70th northern parallels in the Eurasian continent's coastal zone, which shows characteristics of both a maritime and a continental climate, depending on the direction of air flow. Finland is near enough to the Atlantic Ocean to be continuously warmed by the Gulf Stream, which explains the unusually warm climate considering the absolute latitude.

A quarter of Finland's territory lies within the Arctic Circle and the midnight sun can be experienced – for more days, the farther north one travels. At Finland's northernmost point, the sun does not set for 73 consecutive days during summer, and does not rise at all for 51 days during winter.

People & Society

One in four of the population lives in the Greater Helsinki region. Swedish-speakers live mainly in the Åland Islands in the southwest. The Sámi (Lapps) lead a seminomadic existence inside the Arctic Circle. Women make up 48% of the labor force, continuing a long tradition of equality between the sexes. Families tend to be close-knit, though marriage is becoming less common.

The native language of 92 % of the population is Finnish, which is part of the Finnic subgroup of the Uralic languages. The language is one of only four official EU languages not of Indo-European origin. Finnish is most closely related to Estonian and more remotely to the Sami languages and Hungarian.

Finnish and Swedish are the "national" languages of Finland, with mostly equal status in the jurisdiction, although Finnish dominates in most parts of the country. The "other domestic language" is studied in the compulsory education and bilinguality is quite common in some parts of the country. The Sami language is an official language in northern Lapland. Also Finnish Romani and Finnish Sign Language are recognized in the constitution. The Nordic languages and Karelian are also specially treated in some contexts.

Swedish is the native language of 6% of the population (Swedish-speaking Finns). Swedish is the only official language in the autonomous Åland. The Finnish history and Nordic cooperation gives the language a role very different from other minority languages.

Economy

Finland has a highly industrialized mixed economy with a per capita output equal to that of other European economies such as France, Germany, Belgium or the UK. The largest sector of the economy is services at 66%, followed by manufacturing and refining at 31%. Primary production is 2.9%. With respect to foreign trade, the key economic sector is manufacturing. The largest industries are electronics (22%), machinery, vehicles and other engineered metal products (21.1%), forest industry (13%) and chemicals (11%).

Finland has timber and several mineral and freshwater resources. Forestry, paper factories, and the agricultural sector (on which taxpayers spend around 3 billion euros annually) are politically sensitive to rural residents. The Greater Helsinki area generates around a third of GDP. In a 2004 OECD comparison, high-technology manufacturing in Finland ranked second largest after Ireland. Knowledge-intensive services have also ranked the smallest and slow-growth sectors – especially agriculture and low-technology manufacturing – second largest after Ireland. Overall short-term outlook was good, and GDP growth has been above many EU peers.

Finland is highly integrated in the global economy, and international trade is a third of GDP. The European Union makes 60% of the total trade.The largest trade flows are with Germany, Russia, Sweden, United Kingdom, United States, Netherlands and China. Trade policy is managed by the European Union, where Finland has traditionally been among the free trade supporters, except for agriculture. Finland is the only Nordic country to have joined the Eurozone.

Finland's climate and soils make growing crops a particular challenge. The country lies between 60° and 70° north latitude, and has severe winters and relatively short growing seasons that are sometimes interrupted by frosts. However, because the Gulf Stream and the North Atlantic Drift Current moderate the climate, Finland contains half of the world's arable land north of 60° north latitude. Annual precipitation is usually sufficient, but it occurs almost exclusively during the winter months, making summer droughts a constant threat. In response to the climate, farmers have relied on quick-ripening and frost-resistant varieties of crops, and they have cultivated south-facing slopes as well as richer bottomlands to ensure production even in years with summer frosts. Most farmland had originally been either forest or swamp, and the soil had usually required treatment with lime and years of cultivation to neutralize excess acid and to develop fertility. Irrigation was generally not necessary, but drainage systems were often needed to remove excess water. Finland's agriculture was efficient and productive – at least when compared with farming in other European countries.

France

EUROPE

Stretching across western Europe, from the English Channel (la Manche) to the Mediterranean Sea, France was Europe's first modern republic, and is still a leading industrial power.

OFFICIAL NAME: French Republic
DATE OF FORMATION: 987
CAPITAL: Paris
POPULATION: 65.82 million
TOTAL AREA: 211,208 sq. miles (547,030 sq. km)
DENSITY: 294 people per sq. mile
LANGUAGES: French*, Provençal, other
RELIGIONS: Catholic 88%, Muslim 8%, Protestant 2%, Jewish 1%, Buddhist 1%
ETHNIC MIX: French 90%, North African 6%, German 2%, Breton 1%, other 1%
GOVERNMENT: Mixed presidential– parliamentary system
CURRENCY: Euro = 100 cents

Geography

Metropolitan France is situated mostly between latitudes 41° and 51° N (Dunkirk is just north of 51°), and longitudes 6° W and 10° E, on the western edge of Europe, and thus lies within the northern temperate zone

While Metropolitan France is located in Western Europe, France also has a number of territories in North America, the Caribbean, South America, the southern Indian Ocean, the Pacific Ocean, and Antarctica. These territories have varying forms of government ranging from overseas department to overseas collectivity. France's overseas departments and collectivities share land borders with Brazil, and Suriname (bordering French Guiana), and the Netherlands Antilles (bordering Saint-Martin).

Metropolitan France covers 547,030 square kilometres (211,209 sq mi), having the largest area among European Union members. France possesses a wide variety of landscapes, from coastal plains in the north and west to mountain ranges of the Alps in the south-east, the Massif Central in the south-central and Pyrenees in the south-west.

At 4,810.45 metres (15,782 ft) above sea level, the highest point in Western Europe, Mont Blanc, is situated in the Alps on the border between France and Italy. Metropolitan France also has extensive river systems such as the Seine, the Loire, the Garonne, and the Rhone, which divides the Massif Central from the Alps and flows into the Mediterranean Sea at the Camargue. Corsica lies off the Mediterranean coast.

France's total land area, with its overseas departments and territories (excluding Adélie Land), is 674,843 km^2 (260,558 sq mi), 0.45% of the total land area on Earth. However, France possesses the second-largest Exclusive Economic Zone (EEZ) in the world, covering 11,035,000 km^2 (4,260,637 sq mi), approximately 8% of the total surface of all the EEZs of the world, just behind the United States (11,351,000 km^2/4,382,646 sq mi) and ahead of Australia (8,232,000 km^2/3,178,393 sq mi). The north and northwest have a temperate climate, while a combination of maritime influences, latitude and altitude produce a varied climate in the rest of Metropolitan France.

In the south-east a Mediterranean climate prevails. In the west, the climate is predominantly oceanic with a high level of rainfall, mild winters and cool to warm summers. Inland the climate becomes more continental with hot, stormy summers, colder winters and less rain. The climate of the Alps and other mountainous regions is mainly alpine, with the number of days with temperatures below freezing over 150 per year and snow cover lasting for up to six months.

Climate

Three main climates: temperate and damp northwest; continental east; and Mediterranean south.

People & Society

Strong French national identity coexists with pronounced regional differences, including local languages. Immigration laws have been tightened since the 1970s, but ethnic minorities growing up in city suburbs feel increasingly alienated. New rules aim to bring more women into politics.

It is illegal for the French state to collect data on ethnicity and race, a law with its origins in the 1789 revolution and reaffirmed in the constitution of 1958. While official data on the size of the country's ethnic minorities is not available, it has been estimated that between three million and six million people are of North African ancestry while an estimated 2.5 million people are of Black African ancestry. It is currently estimated that 40% of the French population is descended at least partially from the different waves of immigration the country has received. Between 1921 and 1935 about 1.1 million net immigrants came to France. An estimated 1.6 million European pieds noirs returned to France as the country's North African possessions gained independence.

According to the French National Institute for Statistics and Economic Studies, it has an estimated 4.9 million foreign-born immigrants, of which 2 million have acquired French citizenship. France is the leading asylum destination in Western Europe with an estimated 50,000 applications in 2005 (a 15% decrease from 2004). The European Union allows free movement between the member states. While UK and Ireland did not impose restrictions, France put in place controls to curb Eastern European migration.

A perennial political issue concerns rural depopulation. Over the period 1960–1999 fifteen rural départements experienced a decline in population. In the most extreme case, the population of Creuse fell by 24%.

Economy

A member of the G8 group of leading industrialised countries, it is ranked as the world's fifth largest and Europe's second largest economy by nominal GDP; with 39 of the 500 biggest companies of the world in 2010, France ranks world's 4th and Europe's 1st in the Fortune Global 500 ahead of Germany and the UK. France joined 11 other EU members to launch the euro on 1 January 1999, with euro coins and banknotes completely replacing the French franc (₣) in early 2002.

France has a mixed economy which combines extensive private enterprise (nearly 2.5 million companies registered) with substantial (though declining) state enterprise and government intervention (see dirigisme). The government retains considerable influence over key segments of infrastructure sectors, with majority ownership of railway, electricity, aircraft, nuclear power and telecommunications. It has been gradually relaxing its control over these sectors since the early 1990s. The government is slowly corporatising the state sector and selling off holdings in France Télécom, Air France, as well as the insurance, banking, and defence industries. France has an important aerospace industry led by the European consortium Airbus, and has its own national spaceport, the Centre Spatial Guyanais.

According to the World Trade Organization (WTO), in 2009 France was the world's sixth-largest exporter and the fourth-largest importer of manufactured goods. In 2008, France was the third-largest recipient of foreign direct investment among OECD countries at $117.9 billion, ranking behind Luxembourg (where foreign direct investment was essentially monetary transfers to banks located in that country) and the United States ($316.1 billion), but above the United Kingdom ($96.9 billion), Germany ($24.9 billion), or Japan ($24.4 billion). In the same year, French companies invested $220 billion outside of France, ranking France as the second most important outward direct investor in the OECD, behind the United States ($311.8 billion), and ahead of the United Kingdom ($111.4 billion), Japan ($128 billion) and Germany ($156.5 billion). With 39 of the 500 biggest companies of the world in 2010, France ranks 4th in the Fortune Global 500, behind the USA, Japan and China, but ahead of Germany and the UK.

Financial services, banking and the insurance sector are an important part of France's economy. The Paris stock exchange market (French: La Bourse de Paris) is an ancient institution, as it was created by Louis XV in 1724. In 2000, the stock exchanges of Paris, Amsterdam and Bruxelles merged into Euronext. In 2007, Euronext merged with the New York stock exchange to form NYSE Euronext, the world's largest stock exchange. Euronext Paris, the French branch of the NYSE Euronext group is Europe's second largest stock exchange market, behind the London Stock Exchange.

French companies have maintained key positions in the Insurance and Banking industries: AXA is the world's largest insurance company, and is ranked by Fortune the ninth richest corporation by revenues.

The leading French banks are BNP Paribas and the Crédit Agricole, ranking as the world's 1st and 6th largest banks in 2010 (determined by the amount of assets), while the Société Générale group was ranked the world's eight largest in 2008–2009.

France is the smallest emitter of carbon dioxide among the seven most industrialized countries in the world, due to its heavy investment in nuclear power. As a result of large investments in nuclear technology, most of the electricity produced in the country is generated by 59 nuclear power plants (78% in 2006, up from only 8% in 1973, 24% in 1980, and 75% in 1990). In this context, renewable energies (see the power cooperative Enercoop) are having difficulties taking off the ground.

Gabon

AFRICA

Gabon is a former French colony straddling the equator on Africa's west coast. Independent since 1960, it returned to multiparty politics in 1990, after 22 years of one-party rule.

OFFICIAL NAME: Gabonese Republic
DATE OF FORMATION: 1960
CAPITAL: Libreville
POPULATION: 1.47 million
TOTAL AREA: 103,346 sq. miles (267,667 sq. km)
DENSITY: 15 people per sq. mile
LANGUAGES: Fang, French*, Punu, other
RELIGIONS: Christian (mainly Roman Catholic) 55%, traditional beliefs 40%, other 4%, Muslim 1%
ETHNIC MIX: Fang 26%, Shira-punu 24%, other 24%, foreign 15%, Nzabi-duma 11%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Gabon is located on the Atlantic coast of central Africa. Located on the equator, between latitudes 3°N and 4°S, and longitudes 8° and 15°E. Gabon generally has an equatorial climate with an extensive system of rainforests covering 85% of the country. There are three distinct regions: the coastal plains (ranging between 20 to 300 km from the ocean's shore), the mountains (the Cristal Mountains to the northeast of Libreville, the Chaillu Massif in the centre, culminating at 1575 m with Mont Iboundji), and the savanna in the east. The coastal plains form a large section of the World Wildlife Fund's Atlantic Equatorial coastal forests ecoregion and contain patches of Central African mangroves especially on the Muni River estuary on the border with Equatorial Guinea.

Gabon's largest river is the Ogooué which is 1200 km long. Gabon has three karst areas where there are hundreds of caves located in the dolomite and limestone rocks. Some of the caves include Grotte du Lastoursville, Grotte du Lebamba, Grotte du Bongolo, and Grotte du Kessipougou. Many caves have not been explored yet. A National Geographic Expedition visited the caves in the summer of 2008 to document them (Expedition Website).

Gabon is also noted for efforts to preserve the natural environment. In 2002, President Omar Bongo Ondimba put Gabon firmly on the map as an important future ecotourism destination by designating more than 11% of the nation's territory to be part of its national park system (with 13 parks in total), one of the largest proportions of nature parkland in the world. Natural resources include: petroleum, magnesium, iron, gold, uranium, and forests.

Climate

Gabon has the moist, hot climate typical of tropical regions. The hottest month is January, with an average high at Libreville of 31 °C (88 °F) and an average low of 23 °C (73 °F). Average July temperatures in the capital range between 20 and 28 °C (68 and 82 °F). From June to September there is virtually no rain but high humidity; there is occasional rain in December and January. During the remaining months, rainfall is heavy. The excessive rainfall is caused by the condensation of moist air resulting from the meeting, directly off the coast, of the cold Benguela Current from the south and the warm Guinea Current from the north. At Libreville, the average annual rainfall is more than 2,540 mm (100 in). Farther north on the coast, it is 3,810 mm (150 in).

People & Society

Some 40 different languages are spoken. The Fang, who live mainly in the north, are the largest ethnic group, but have yet to gain control of the government. Oil wealth has led to the growth of an affluent middle class, but one in three people still lives in poverty. Menial jobs are done by immigrant workers. Education follows the French system. With 85% of people living in towns, Gabon is one of Africa's most urbanized countries. The government is encouraging population growth.

Most ethnicities are spread throughout Gabon, leading to constant contact and interaction among the groups. Intermarriage between the ethnicities is quite common, helping reduce ethnic tensions. French, the official language, is a unifying force. The Democratic Party of Gabon (PDG)'s historical dominance also has served to unite various ethnicities and local interests into a larger whole. More than 10,000 native French live in Gabon, including an estimated 2,000 dual nationals. It is estimated that 80% of the country's population are able to speak French, and that 30% of Libreville residents are native speakers of the language. Nationally, 32% of the Gabonese people speak the Fang language as a mother tongue.

Major religions practiced in Gabon include Christianity (Roman Catholicism and Protestantism), Bwiti, Islam, and indigenous animistic religion. Many persons practice elements of both Christianity and traditional indigenous religious beliefs. Approximately 73 percent of the population, including noncitizens, practice at least some elements of Christianity, including the syncretistic Bwiti; 12 percent practice Islam (of whom 80 to 90 percent are foreigners); 10 percent practice traditional indigenous religious beliefs exclusively; and 5 percent practice no religion or are atheists. Gabon's literacy rate is 63.2%

Economy

Gabon's economy is dominated by oil. Oil revenues comprise roughly 46% of the government's budget, 43% of gross domestic product (GDP), and 81% of exports. Oil production is now declining rapidly from its high point of 370,000 barrels per day in 1997. Some estimates suggest that Gabonese oil will be expended by 2025. In spite of the decreasing oil revenues, planning is only now beginning for an after-oil scenario.

Gabonese public expenditures from the years of significant oil revenues were not spent efficiently. Overspending on the Transgabonais railroad, the oil price shock of 1986, the CFA franc devaluation of 1994, and low oil prices in the late 1990s caused serious debt problems that still plague the country.

Gabon earned a poor reputation with the Paris Club and the International Monetary Fund (IMF) over the management of its debt and revenues. Successive IMF missions have criticized the government for overspending on off-budget items (in good years and bad), over-borrowing from the Central Bank, and slipping on the schedule for privatization and administrative reform. However, in September 2005, Gabon successfully concluded a 15-month Stand-By Arrangement with the IMF. Another 3-year Stand-By Arrangement with the IMF was approved in May 2007. Because of the financial crisis and social developments surrounding the death of President Omar Bongo and the elections, Gabon was unable to meet its economic goals under the Stand-By Arrangement in 2009. Negotiations with the IMF are ongoing.

Gabon's oil revenues have given it a strong per capita GDP of $8,600, extremely high for the region. On the other hand, a skewed income distribution and poor social indicators misrepresent the situation if only GDP is taken into account. The richest 20% of the population receive over 90% of the income while about a third of all Gabonese live in poverty.

The economy is highly dependent on extraction of abundant primary materials. Prior to the discovery of oil, logging was the pillar of the Gabonese economy. Today, logging and manganese mining are the other major income generators. Recent explorations point to the presence of the world's largest unexploited iron ore deposit. For many living in the countryside without access to employment in extractive industries, remittances from family members in urban areas or subsistence activities provide income.

Many foreign and local observers have consistently lamented the lack of diversity in the Gabonese economy. Various factors have so far stymied additional industries—a small market of about 1 million people, dependence on French imports, inability to capitalize on regional markets, lack of entrepreneurial zeal among the Gabonese, and the fairly regular stream of oil "rent". Further investment in agricultural or tourism sectors is complicated by poor infrastructure. The small processing and service sectors that do exist are largely dominated by a few prominent local investors.

At World Bank and IMF insistence, the government embarked in the 1990s on a program of privatization of its state-owned companies and administrative reform, including reducing public sector employment and salary growth, but progress has been slow. The new government has voiced a commitment to work toward an economic transformation of the country but faces significant challenges to realize this goal.

Gambia

AFRICA

Gambia is a riverbank state on the west coast of Africa, almost entirely surrounded by Senegal. It was renowned for its stability until its government was overthrown in a coup in 1994.

OFFICIAL NAME: Republic of the Gambia
DATE OF FORMATION: 1965
CAPITAL: Banjul
POPULATION: 1.7 million
TOTAL AREA: 4363 sq. miles (11,300 sq. km)
DENSITY: 442 people per sq. mile
LANGUAGES: Mandinka, Fulani, Wolof, Jola, Soninke, English*
RELIGIONS: Sunni Muslim 90%, Christian 9%, traditional beliefs 1%
ETHNIC MIX: Mandinka 40%, Fulani 19%, Wolof 15%, Jola 11%, Serahuli 9%, other 6%
GOVERNMENT: Presidential system
CURRENCY: Dalasi = 100 butut

Geography

The Gambia is a very small and narrow country whose borders mirror the meandering Gambia River. It lies between latitudes 13° and 14°N, and longitudes 13° and 17°W.

The country is less than 48.2 km (30 miles) wide at its widest point, with a total area of 11,300 km². Approximately 1,300 km² of The Gambia's area is covered by water. The Gambia is the smallest country on the continent of Africa. In comparative terms the Gambia has a total area which is slightly less than that of the island of Jamaica. The western side of the country borders the North Atlantic Ocean with 50 miles of coastline.

The climate of The Gambia is tropical. There is a hot and rainy season, normally from June until November, but from then until May there are cooler temperatures with less precipitation. The climate in The Gambia is about the same as that found in neighbouring Senegal, southern Mali, and the northern part of Benin.

Its present boundaries were defined in 1889 after an agreement between the United Kingdom and France. During the negotiations between the French and the British in Paris, the French initially gave the British approximately 200 miles (320 km) of the Gambia River to control. Starting with the placement of boundary markers in 1891, it took nearly fifteen years after the Paris meetings to determine the final borders of The Gambia. The resulting series of straight lines and arcs gave the British control of areas that are approximately 10 miles (16 km) north and south of the Gambia River

Climate

Subtropical, with wet, humid months July–October, and warm, dry season November–May.

People & Society

Little tension between various ethnic groups. The largest group, the Mandinka, has traditionally held power. Islam is a strong social influence, though there is no official state religion. A small expatriate community from the UK lives on the coast. Seasonal migrants come from neighboring states to harvest groundnuts each year. Women are very active as traders.

A wide variety of ethnic groups live in the Gambia, each preserving its own language and traditions. The Mandinka tribe is the largest, followed by the Fula, Wolof, Jola, Serahule and the Serers. The Wolof tribe are the third largest tribe in the Gambia. They are the decendants of the Serers just as the Toucouleurs and Lebous are the descendants of the Serers. There is approximately 3,500 non-African residents include Europeans and families of Lebanese origin (roughly 0.23% of the total population). Most of the European minority are Britons, many of whom left after independence.

More than 63% of Gambians live in rural villages (1993 census), although more and more young people come to the capital in search of work and education. Provisional figures from the 2003 census show that the gap between the urban and rural populations is narrowing as more areas are declared urban. While urban migration, development projects, and modernization are bringing more Gambians into contact with Western habits and values, indigenous forms of dress and celebration and the traditional emphasis on the extended family remain integral parts of everyday life.

Economy

The Gambia has a liberal, market-based economy characterized by traditional subsistence agriculture, a historic reliance on groundnuts (peanuts) for export earnings, a re-export trade built up around its ocean port, low import duties, minimal administrative procedures, a fluctuating exchange rate with no exchange controls, and a significant tourism industry.

The World Bank pegs Gambia's GDP for 2009 at US$733M while the International Monetary Fund puts it at US$968M for 2009.

Agriculture accounts for roughly 30% of gross domestic product (GDP) and employs about 70% of the labor force. Within agriculture, peanut production accounts for 6.9% of GDP, other crops 8.3%, livestock 5.3%, fishing 1.8%, and forestry 0.5%. Industry accounts for approximately 8% of GDP and services approximately 58%. The limited amount of manufacturing is primarily agricultural-based (e.g., peanut processing, bakeries, a brewery, and a tannery). Other manufacturing activities include soap, soft drinks, and clothing.

Previously, Great Britain and other EU countries constituted the Gambia's major domestic export markets. However, in recent years Senegal, the United States, and Japan have become significant trade partners of the Gambia. In Africa, Senegal represented the biggest trade partner of the Gambia in 2007, which is a defining contrast to previous years that saw Guinea-Bissau and Ghana as equally important trade partners. Globally, Denmark, the United States, and China have become important source countries for Gambian imports. The U.K., Germany, Côte d'Ivoire, and the Netherlands also provide a fair share of Gambian imports. The Gambia's trade deficit for 2007 was $331 million.

As of May 2009, there were twelve commercial banks in the Gambia, including one Islamic bank. The oldest of these, Standard Chartered Bank dates its presence back to the entry in 1894 of what shortly thereafter became Bank of British West Africa. In 2005, the Swiss-based banking group, International Commercial Bank established a subsidiary and has now four branches in the country. In 2007, Nigeria's Access Bank established a subsidiary that now has four branches in the country, in addition to its head office; the bank has pledged to open four more. In May 2009, the Lebanese Canadian Bank opened a subsidiary called Prime Bank (Gambia).

Georgia

ASIA

Located on the eastern shore of the Black Sea, Georgia has been torn by civil war and ethnic disputes since achieving independence from the Soviet Union in 1991.

OFFICIAL NAME: Georgia
DATE OF FORMATION: 1991
CAPITAL: Tbilisi
POPULATION: 4.63 million
TOTAL AREA: 26,911 sq. miles (69,700 sq. km)
DENSITY: 158 people per sq. mile
LANGUAGES: Georgian*, Russian, other
RELIGIONS: Georgian Orthodox 65%, Muslim 11%, Russian Orthodox 10%, Armenian Orthodox 8%, other 6%
ETHNIC MIX: Georgian 84%, Armenian 6%, Azeri 6%, Russian 2%, other 2%
GOVERNMENT: Presidential system
CURRENCY: Lari = 100 tetri

Geography

Georgia is situated in the South Caucasus, between latitudes 41° and 44° N, and longitudes 40° and 47° E, with an area of 67,900 km^2 (26,216 sq mi). It is a very mountainous country. The Likhi Range divides the country into eastern and western halves. Historically, the western portion of Georgia was known as Colchis while the eastern plateau was called Iberia. Because of a complex geographic setting, mountains also isolate the northern region of Svaneti from the rest of Georgia.

The Greater Caucasus Mountain Range forms the northern border of Georgia. The main roads through the mountain range into Russian territory lead through the Roki Tunnel between South and North Ossetia and the Darial Gorge (in the Georgian region of Khevi). The Roki Tunnel was vital for the Russian military in the 2008 South Ossetia war because it is the only direct route through the Caucasus Mountains. The southern portion of the country is bounded by the Lesser Caucasus Mountains. The Greater Caucasus Mountain Range is much higher in elevation than the Lesser Caucasus Mountains, with the highest peaks rising more than 5,000 meters (16,404 ft) above sea level.

The highest mountain in Georgia is Mount Shkhara at 5,068 meters (16,627 ft), and the second highest is Mount Janga (Dzhangi-Tau) at 5,059 m (16,598 ft) above sea level. Other prominent peaks include Mount Kazbek) at 5,047 m (16,558 ft), Shota Rustaveli (4,860 m (15,945 ft)), Tetnuldi (4,858 m (15,938 ft)), Mt. Ushba (4,700 m (15,420 ft)), and Ailama (4,547 m (14,918 ft)). Out of the abovementioned peaks, only Kazbek is of volcanic origin. The region between Kazbek and Shkhara (a distance of about 200 km (124 mi) along the Main Caucasus Range) is dominated by numerous glaciers. Out of the 2,100 glaciers that exist in the Caucasus today, approximately 30% are located within Georgia.

The term, Lesser Caucasus Mountains is often used to describe the mountainous (highland) areas of southern Georgia that are connected to the Greater Caucasus Mountain Range by the Likhi Range. The area can be split into two separate sub-regions; the Lesser Caucasus Mountains, which run parallel to the Greater Caucasus Range, and the Southern Georgia Volcanic Highland, which lies immediately to the south of the Lesser Caucasus Mountains.

The overall region can be characterized as being made up of various, interconnected mountain ranges (largely of volcanic origin) and plateaus that do not exceed 3,400 meters (11,155 ft) in elevation. Prominent features of the area include the Javakheti Volcanic Plateau, lakes, including Tabatskuri and Paravani, as well as mineral water and hot springs. Two major rivers in Georgia are the Rioni and the Mtkvari. The Southern Georgia Volcanic Highland is a young and unstable geologic region with high seismic activity and has experienced some of the most significant earthquakes that have been recorded in Georgia.

The Krubera Cave is the deepest known cave in the world. It is located in the Arabika Massif of the Gagra Range, in Abkhazia. In 2001, a Russian–Ukrainian team had set the world depth record for a cave at 1,710 meters (5,610 ft). In 2004, the penetrated depth was increased on each of three expeditions, when a Ukrainian team crossed the 2,000-meter (6,562 ft) mark for the first time in the history of speleology. In October 2005, an unexplored part was found by the CAVEX team, further increasing the known depth of the cave. This expedition confirmed the known depth of the cave at 2,140 meters (7,021 ft) (±9 m/29.5 ft).

Climate

The climate of Georgia is extremely diverse, considering the nation's small size. There are two main climatic zones, roughly separating Eastern and Western parts of the country. The Greater Caucasus Mountain Range plays an important role in moderating Georgia's climate and protects the nation from the penetration of colder air masses from the north. The Lesser Caucasus Mountains partially protect the region from the influence of dry and hot air masses from the south as well.

Much of western Georgia lies within the northern periphery of the humid subtropical zone with annual precipitation ranging from 1,000–4,000 mm (39.4–157.5 in). The precipitation tends to be uniformly distributed throughout the year, although the rainfall can be particularly heavy during the Autumn months. The climate of the region varies significantly with elevation and while much of the lowland areas of western Georgia are relatively warm throughout the year, the foothills and mountainous areas (including both the Greater and Lesser Caucasus Mountains) experience cool, wet summers and snowy winters (snow cover often exceeds 2 meters in many regions). Ajaria is the wettest region of the Caucasus, where the Mt. Mtirala rainforest, east of Kobuleti receives around 4,500 mm (177.2 in) of precipitation per year.

Eastern Georgia has a transitional climate from humid subtropical to continental. The region's weather patterns are influenced both by dry, Caspian air masses from the east and humid, Black Sea air masses from the west. The penetration of humid air masses from the Black Sea is often blocked by several mountain ranges (Likhi and Meskheti) that separate the eastern and western parts of the nation. Annual precipitation is considerably less than that of western Georgia and ranges from 400–1,600 mm (15.7–63.0 in).

The wettest periods generally occur during Spring and Autumn while Winter and the Summer months tend to be the driest. Much of eastern Georgia experiences hot summers (especially in the low-lying areas) and relatively cold winters. As in the western parts of the nation, elevation plays an important role in eastern Georgia where climatic conditions above 1,500 metres (4,921 ft) are considerably colder than in the low-lying areas. The regions that lie above 2,000 metres (6,562 ft) frequently experience frost even during the summer months.

People & Society

Paternalistic society, with strong family, cultural, and literary traditions. Georgia was converted to Christianity in 326 CE. Armenians in the south are the poorest group. Civil conflicts in the early 1990s against Abkhaz and Osset separatists displaced 300,000 people. Abkhazia and South Ossetia now effectively operate as separate states, backed up by Russian forces since the 2008 war. Russia opposes Georgian hopes of joining the EU and NATO.

Like most native Caucasian peoples, the Georgians do not fit into any of the main ethnic categories of Europe or Asia. The Georgian language, the most pervasive of the South Caucasian languages, is neither Indo-European, Turkic nor Semitic. The present day Georgian or Kartvelian nation is thought to have resulted from the fusion of aboriginal, autochthonous-inhabitants with immigrants who infiltrated into South Caucasus from the direction of Anatolia in remote antiquity. The ancient Jewish chronicle by Josephus mentions Georgians as Iberes who were also called Thobel Tubal.

Economy

Archaeological research demonstrates that Georgia has been involved in commerce with many lands and empires since the ancient times, largely due its location on the Black Sea and later on the historical Silk Road. Gold, silver, copper and iron have been mined in the Caucasus Mountains. Wine making is a very old tradition. The country has sizable hydropower resources. Throughout Georgia's modern history agriculture and tourism have been principal economic sectors, because of the country's climate and topography.

For much of the 20th century, Georgia's economy was within the Soviet model of command economy. Since the fall of the USSR in 1991, Georgia embarked on a major structural reform designed to transition to a free market economy. As with all other post-Soviet states, Georgia faced a severe economic collapse. The civil war and military conflicts in South Ossetia and Abkhazia aggravated the crisis. The agriculture and industry output diminished. By 1994 the gross domestic product had shrunk to a quarter of that of 1989. The first financial help from the West came in 1995, when the World Bank and International Monetary Fund granted Georgia a credit of USD 206 million and Germany granted DM 50 million.

Since early 21st century visible positive developments have been observed in the economy of Georgia. In 2007 Georgia's real GDP growth rate reached 12%, making Georgia one of the fastest growing economies in Eastern Europe. The World Bank dubbed Georgia "the number one economic reformer in the world" because it has in one year improved from rank 112th to 18th in terms of ease of doing business., The country has a high unemployment rate of 12.6% and has fairly low median income compared to European countries.

The 2006 ban on imports of Georgian wine to Russia, one of Georgia's biggest trading partners, and break of financial links was described by the IMF Mission as an "external shock", In addition, Russia increased the price of gas for Georgia. This was followed by the spike in the Georgian lari's rate of inflation. The National Bank of Georgia stated that the inflation was mainly triggered by external reasons, including Russia's economic embargo. The Georgian authorities expected that the current account deficit due to the embargo in 2007 would be financed by "higher foreign exchange proceeds generated by the large inflow of foreign direct investment" and an increase in tourist revenues. The country has also maintained a solid credit in international market securities. Georgia is becoming more integrated into the global trading network: its 2006 imports and exports account for 10% and 18% of GDP respectively. Georgia's main imports are natural gas, oil products, machinery and parts, and transport equipment.

Germany

EUROPE

Europe's strongest industrial power and its most populous nation, Germany was divided after military defeat in 1945 into a free-market west and a communist east, but reunified in 1990.

OFFICIAL NAME: Federal Republic of Germany
DATE OF FORMATION: 1871
CAPITAL: Berlin
POPULATION: 81.7 million
TOTAL AREA: 137,846 sq. miles (357,021 sq. km)
DENSITY: 609 people per sq. mile
LANGUAGES: German*, Turkish
RELIGIONS: Protestant 34%, Roman Catholic 33%, other 30%, Muslim 3%
ETHNIC MIX: German 92%, other 3%, other European 3%, Turkish 2%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Germany is in Western and Central Europe, bordering Denmark in the north, Poland and the Czech Republic in the east, Austria and Switzerland in the south, France and Luxembourg in the south-west, and Belgium and the Netherlands in the north-west. It lies mostly between latitudes 47° and 55° N (the tip of Sylt is just north of 55°), and longitudes 5° and 16° E. The territory covers 357,021 km^2 (137,847 sq mi), consisting of 349,223 km^2 (134,836 sq mi) of land and 7,798 km^2 (3,011 sq mi) of water. It is the seventh largest country by area in Europe and the 62nd largest in the world.

Elevation ranges from the mountains of the Alps (highest point: the Zugspitze at 2,962 metres / 9,718 feet) in the south to the shores of the North Sea (Nordsee) in the north-west and the Baltic Sea (Ostsee) in the north-east. The forested uplands of central Germany and the lowlands of northern Germany (lowest point: Wilstermarsch at 3.54 metres / 11.6 feet below sea level) are traversed by such major rivers as the Rhine, Danube and Elbe. Glaciers are found in the Alpine region, but are experiencing deglaciation. Significant natural resources are iron ore, coal, potash, timber, lignite, uranium, copper, natural gas, salt, nickel, arable land and water.

Climate

Most of Germany has a temperate seasonal climate in which humid westerly winds predominate. The climate is moderated by the North Atlantic Drift, the northern extension of the Gulf Stream. This warmer water affects the areas bordering the North Sea; consequently in the north-west and the north the climate is oceanic. Rainfall occurs year-round, especially in the summer. Winters are mild and summers tend to be cool, though temperatures can exceed 30 °C (86 °F).

The east has a more continental climate; winters can be very cold and summers very warm, and long dry periods are frequent. Central and southern Germany are transition regions which vary from moderately oceanic to continental. In addition to the maritime and continental climates that predominate over most of the country, the Alpine regions in the extreme south and, to a lesser degree, some areas of the Central German Uplands have a mountain climate, characterised by lower temperatures and greater precipitation.

People & Society

Regionalism is strong. The north is mainly Protestant, while the south is staunchly Roman Catholic. Social and economic differences still exist between east and west. Turks are the largest single ethnic minority; many came as guest workers in the 1950s–1970s. Immigration rules now favor skilled workers. Feminism is strong.

German nationals make up 91% of the population of Germany. As of 2009, about seven million foreign citizens were registered in Germany, and 19% of the country's residents were of foreign or partially foreign descent (including persons descending or partially descending from ethnic German repatriates), 96% of whom lived in Western Germany or Berlin. The United Nations Population Fund lists Germany as host to the third-highest number of international migrants worldwide, about 5% or 10 million of all 191 million migrants. As a consequence of restrictions to Germany's formerly rather unrestricted laws on asylum and immigration, the number of immigrants seeking asylum or claiming German ethnicity (mostly from the former Soviet Union) has been declining steadily since 2000. In 2009, 20% of the population had immigrant roots, the highest since 1945. As of 2008, the largest national group was from Turkey (2.5 million), followed by Italy (776,000) and Poland (687,000). About 3 million "Aussiedler"—ethnic Germans, mainly from Eastern Europe and the former Soviet Union—have resettled in Germany since 1987.

Economy

Germany has a social market economy with a highly qualified labour force, a large capital stock, a low level of corruption, and a high level of innovation. It has the largest national economy in Europe, the fourth largest by nominal GDP in the world, and the fifth largest by PPP in 2009. The service sector contributes approximately 71% of the total GDP, industry 28%, and agriculture 0.9%. The average national unemployment rate in 2010 was about 7.5%. First estimates indicate a 3.6% increase in the price-adjusted GDP for 2010, following a 4.7% drop in 2009.

Germany is a founding member of the EU, the G8 and the G20, and was the world's largest exporter from 2003 to 2008. In 2009 it remains the second largest exporter and third largest importer of goods. Most of the country's exports are in engineering, especially machinery, automobiles, chemical goods and metals. Germany is a leading producer of wind turbines and solar-power technology. Annual trade fairs and congresses are held in cities throughout Germany.

Germany is an advocate of closer European economic and political integration. Its commercial policies are increasingly determined by agreements among European Union (EU) members and by EU legislation. Germany introduced the common European currency, the euro, on 1 January 2002. Its monetary policy is set by the European Central Bank. Two decades after German reunification, standards of living and per capita incomes remain significantly higher in the states of the former West Germany than in the former East. The modernisation and integration of the eastern German economy is a long-term process scheduled to last until the year 2019, with annual transfers from west to east amounting to roughly $80 billion. In January 2009 the German government approved a €50 billion economic stimulus plan to protect several sectors from a downturn and a subsequent rise in unemployment rates.

Of the world's 500 largest stock-market-listed companies measured by revenue in 2010, the Fortune Global 500, 37 are headquartered in Germany. 30 Germany-based companies are included in the DAX, the German stock market index. Well-known global brands are Mercedes-Benz, BMW, SAP, Siemens, Volkswagen, Adidas, Audi, Allianz, Porsche, and Nivea. Germany is recognised for its specialised small and medium enterprises. Around 1,000 of these companies are global market leaders in their segment and are labelled hidden champions.

Ghana

AFRICA

The heartland of the ancient Ashanti kingdom, Ghana in west Africa was once known as the Gold Coast. It has experienced intermittent periods of military rule since independence in 1957.

OFFICIAL NAME: Republic of Ghana
DATE OF FORMATION: 1957
CAPITAL: Accra
POPULATION: 24.2 million
TOTAL AREA: 92,100 sq. miles (238,540 sq. km)
DENSITY: 268 people per sq. mile
LANGUAGES: Twi, Fanti, Ewe, Ga, Adangbe, Gurma, Dagomba, English*
RELIGIONS: Christian 69%, Muslim 16%, traditional beliefs 9%, other 6%
ETHNIC MIX: Akan 49%, Mole-Dagbani 17%, Ewe 13%, other 13%, Ga 8%
GOVERNMENT: Presidential system
CURRENCY: Cedi = 100 pesewas

Geography

Ghana is a country located on the Gulf of Guinea, only a few degrees north of the Equator, therefore giving it a warm climate. The country spans an area of 238,500 km^2 (92,085 sq mi). It is surrounded by Togo to the east, Côte d'Ivoire to the west, Burkina Faso to the north and the Gulf of Guinea (Atlantic Ocean) to the south.

Ghana lies between latitudes 4° and 12°N, and longitudes 4°W and 2°E. The Prime Meridian passes through the country, specifically through the industrial city of Tema. Ghana is geographically closer to the "centre" of the world than any other country even though the notional centre, (0°, 0°) is located in the Atlantic Ocean approximately 614 km (382 mi) south of Accra, Ghana, in the Gulf of Guinea.

The country encompasses flat plains, low hills and a few rivers. Ghana can be divided into five different geographical regions. The coastline is mostly a low, sandy shore backed by plains and scrub and intersected by several rivers and streams while the northern part of the country features high plains. Southwest and south central Ghana is made up of a forested plateau region consisting of the Ashanti uplands and the Kwahu Plateau; the hilly Akuapim-Togo ranges are found along the country's eastern border.

The Volta Basin also takes up most of central Ghana. Ghana's highest point is Mount Afadjato which is 885 m (2,904 ft) and is found in the Akwapim-Togo Ranges. The climate is tropical. The eastern coastal belt is warm and comparatively dry, the southwest corner is hot and humid, and the north is hot and dry. Lake Volta, the world's largest artificial lake, extends through large portions of eastern Ghana and is the main source of many tributary rivers such as the Oti and Afram rivers.

There are two main seasons in Ghana: the wet and the dry seasons. Northern Ghana experiences its rainy season from March to November while the south, including the capital Accra, experiences the season from April to mid-November. Southern Ghana contains evergreen and semi deciduous forests consisting of trees such as mahogany, odum and ebony. It also contains much of Ghana's oil palms and mangroves. Shea trees, baobabs and acacias are usually found in the Volta region and the northern part of the country.

Climate

Tropical. There are two wet seasons in the south, but the north is drier, and has just one.

People & Society

Around 75 cultural-linguistic groups. The largest is the Akan, who include the Ashanti and Fanti peoples. Southern peoples are richer and more urban than those of the north. There are few tribal tensions. Family ties are strong. Women play a major role in market trading. The 2000 election saw Ghana's first peaceful handover of power. Poverty levels have been significantly reduced.

As of 2009, life expectancy at birth is about 59 years for males and 60 years for females with infant mortality at 51 per 1000 live births. The total fertility rate is about 4 children per woman. There are about 15 physicians and 93 nurses per 100,000 persons. 4.5% of the country's GDP was spent on health in 2003.

Economy

The economy of Ghana was listed as The World's Fastest Growing Economy in 2011 in economic research led by Economy Watch with data coming from the IMF's tracker of GDP Growth in constant prices in the national currency (not converted to US dollars), with an economic growth predicted to be about 20% in 2011. Other countries have competing claims to be the fastest growing economy.

Ghana is a Middle Income Economy. Well endowed with natural resources, Ghana has more than twice the per capita output of the poorer countries in West Africa. Known for its gold in colonial times, Ghana remains one of the world's top gold producers. Other exports such as cocoa, oil, timber, electricity, diamond, bauxite, and manganese are major sources of foreign exchange.

An oilfield which is reported to contain up to 3 billion barrels (480,000,000 m3) of light oil was discovered in 2007. Oil exploration is ongoing, and the amount of oil continues to increase. There is expected to be a tremendous inflow of capital into the economy beginning from the first quarter of 2011 when the country starts producing oil to be sold through overseas licensed counter-part GAZPROM in commercial quantities. Also the refining and sale of oil resources discovered off the Ghana coast licensed to oil giant GAZPROM has begun being monitored by the Ghana National Petroleum Company. The oil is expected to account for 6% of the revenue for 2011. The Akosombo Dam, which was built on the Volta River in 1965 provides hydro-electricity for Ghana and its neighbouring countries.

Ghana's labour force in 2008 totalled 11.5 million people. The economy continues to rely heavily on agriculture which accounts for 37.3% of GDP and provides employment for 56% of the work force, mainly small landholders. Manufacturing is only a small part of the Ghanaian economy totalling 7.9% of Gross Domestic Product in 2007. Even though Ghana boasts of one of the highly skilled workforces in the sub-region, successive governments still rely on foreign countries to undertake strategic infrastructural projects in the country, including the very basic projects like housebuilding. These firms in turn sub-contract to local firms at a small fraction of the budget, resulting always in a net drain of Ghana's wealth to the said countries. Efforts to encourage local Ghanaian firms to play frontline roles as has been the hallmark of many great civilizations, in infrastructural development have always proven futile, leading to a perpetual dependency on external help and a net loss to Ghanaians. Typical among these is the award of a $1.5billion housing contract to STX of South Korea.

Ineffective economic policies of past military governments and regional peacekeeping commitments have led to continued inflationary deficit financing, depreciation of the Cedi, and rising public discontent with Ghana's austerity measures. Even so, Ghana remains one of the more economically sound countries in all of Africa. In July 2007, the Bank of Ghana embarked on a currency re-denomination exercise, from the Cedi (₵) to the new currency, the Ghana Cedi (GH₵). The transfer rate is 1 Ghana Cedi for every 10,000 Cedis. The Bank of Ghana employed aggressive media campaigns to educate the public about the re-denomination. The new Ghana Cedi is relatively stable and in 2009 generally exchanged at a rate of US$1 = GH₵1.4 The Value Added Tax is a consumption tax administered in Ghana. The tax regime which started in 1998 had a single rate but since September 2007 entered into a multiple rate regime. In 1998, the rate of tax was 10% and amended in 2000 to 12.5%. However with the passage of Act 734 of 2007, a 3% VAT Flat Rate Scheme (VFRS) began to operate for the retail distribution sector. This allows retailers of taxable goods under Act 546 to charge a marginal 3% on their sales and account on same to the VAT Service. It is aimed at simplifying the tax system and increasing compliance.

Tourism is a rapidly growing sector particularly among Europeans, Americans, and other internationals connected to the Ghanaian Diaspora abroad. Ghana's political and economic stability, low crime rate, and wide use of English make the country an attractive entrypoint to West Africa for foreigners. UNESCO World Heritage Sites including Cape Coast Castle and Elmina Castle, national parks such as Kakum National Park and Mole National Park, as well as cultural celebrations such as Panafest are major centres of tourist activity.

Greece

EUROPE

The Balkan state of Greece is bounded on three sides by the Mediterranean, Aegean, and Ionian seas. It has a strong seafaring tradition, with some of the world's richest shipowners.

OFFICIAL NAME: Hellenic Republic
DATE OF FORMATION: 1829
CAPITAL: Athens
POPULATION: 11.3 million
TOTAL AREA: 50,942 sq. miles (131,940 sq. km)
DENSITY: 221 people per sq. mile
LANGUAGES: Greek*, Turkish, Macedonian, Albanian
RELIGIONS: Orthodox Christian 98%, Muslim 1%, other 1%
ETHNIC MIX: Greek 98%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Greece consists of a mountainous, peninsular mainland jutting out into the sea at the southern end of the Balkans, ending at the Peloponnese peninsula (separated from the mainland by the canal of the Isthmus of Corinth). Due to its highly indented coastline and numerous islands, Greece has the twelfth-longest coastline in the world with13,676 km (8,498 mi); its land boundary is 1,160 km (721 mi). The country lies approximately between latitudes 34° and 42° N, and longitudes 19° and 30° E.

Greece features a vast number of islands, between 1,200 and 6,000, depending on the definition, 227 of which are inhabited. Crete is the largest and most populous island; Euboea, separated from the mainland by the 60m-wide Euripus Strait, is the second largest, followed by Rhodes and Lesbos.

The Greek islands are traditionally grouped into the following clusters: The Argo-Saronic Islands in the Saronic gulf near Athens, the Cyclades, a large but dense collection occupying the central part of the Aegean Sea, the North Aegean islands, a loose grouping off the west coast of Turkey, the Dodecanese, another loose collection in the southeast between Crete and Turkey, the Sporades, a small tight group off the coast of Euboea, and the Ionian Islands, located to the west of the mainland in the Ionian Sea.

Eighty percent of Greece consists of mountains or hills, making the country one of the most mountainous in Europe. Mount Olympus, the mythical abode of the Greek Gods, culminates at Mytikas peak 2,917 m (9,570 ft), the highest in the country. Western Greece contains a number of lakes and wetlands and is dominated by the Pindus mountain range. The Pindus, a continuation of the Dinaric Alps, reaches a maximum elevation of 2,637 m (8,652 ft) at Mt. Smolikas (the second-highest in Greece) and historically has been a significant barrier to east-west travel.

The Pindus range continues through the central Peloponnese, crosses the islands of Kythera and Antikythera and find its way into southwestern Aegean, in the island of Crete where it eventually ends. The islands of the Aegean are peaks of underwater mountains that once constituted an extension of the mainland. Pindus is characterized by its high, steep peaks, often dissected by numerous canyons and a variety of other karstic landscapes. The spectacular Vikos Gorge, part of the Vikos-Aoos National Park in the Pindus range, is listed by the Guinness book of World Records as the deepest gorge in the world. Another notable formation are the Meteora rock pillars, atop which have been built medieval Greek Orthodox monasteries.

Northeastern Greece features another high-altitude mountain range, the Rhodope range, spreading across the periphery of East Macedonia and Thrace; this area is covered with vast, thick, ancient forests, including the famous Dadia forest in the Evros Prefecture, in the far northeast of the country.

Expansive plains are primarily located in the prefectures of Thessaly, Central Macedonia and Thrace. They constitute key economic regions as they are among the few arable places in the country. Rare marine species such as the Pinniped Seals and the Loggerhead Sea Turtle live in the seas surrounding mainland Greece, while its dense forests are home to the endangered brown bear, the lynx, the Roe Deer and the Wild Goat.

Phytogeographically, Greece belongs to the Boreal Kingdom and is shared between the East Mediterranean province of the Mediterranean Region and the Illyrian province of the Circumboreal Region. According to the World Wide Fund for Nature and the European Environment Agency, the territory of Greece can be subdivided into six ecoregions: the Illyrian deciduous forests, Pindus Mountains mixed forests, Balkan mixed forests, Rhodope montane mixed forests, Aegean and Western Turkey sclerophyllous and mixed forests and Crete Mediterranean forests.

Climate

Greece primarily has a Mediterranean climate, featuring mild, wet winters and hot, dry summers. This climate occurs at all coastal locations, including Athens, the Cyclades, the Dodecanese, Crete, the Peloponnese and parts of the Sterea Ellada (Central Continental Grece) region. The Pindus mountain range strongly affects the climate of the country, as areas to the west of the range are considerably wetter on average (due to greater exposure to south-westerly systems bringing in moisture) than the areas lying to the east of the range (due to a rain shadow effect).

The mountainous areas of Northwestern Greece (parts of Epirus,Central Greece, Thessaly, Western Macedonia) as well as in the mountainous central parts of Peloponnese – including parts of the prefectures of Achaia, Arcadiaand Laconia – feature an Alpine climate with heavy snowfalls. The inland parts of northern Greece, in Central Macedonia and East Macedonia and Thrace feature a temperate climate with cold, damp winters and hot, dry summers with frequent thunderstorms. Snowfalls occur every year in the mountains and northern areas, and brief snowfalls are not unknown even in low-lying southern areas, such as Athens.

People & Society

Postwar industrial development altered the dominance of agriculture and seafaring. The rural exodus to industrial cities has been stemmed but a third of the population now lives in Athens. Age-old culture and Greek Orthodox Church balance social mobility. Civil marriage and divorce became legal only in 1982.

The birth rate in 2003 stood 9.5 per 1,000 inhabitants (14.5 per 1,000 in 1981). At the same time the mortality rate increased slightly from 8.9 per 1,000 inhabitants in 1981 to 9.6 per 1,000 inhabitants in 2003. In 2001, 16.71% of the population were 65 years old and older, 68.12% between the ages of 15 and 64 years old, and 15.18% were 14 years old and younger.

Greek society has also rapidly changed with the passage of time. Marriage rates kept falling from almost 71 per 1,000 inhabitants in 1981 until 2002, only to increase slightly in 2003 to 61 per 1,000 and then fall again to 51 in 2004. Divorce rates on the other hand, have seen an increase – from 191.2 per 1,000 marriages in 1991 to 239.5 per 1,000 marriages in 2004.

Economy

The Greek economy (that is gross domestic product, GDP) expanded at an average annual rate of 4% from 2004– 2007 and 2% during 2008 (at constant prices of 2000), one of the highest rates in the Eurozone. However, in 2009 GDP decreased by −1.9%. In 2010, a decrease of GDP by −2.5% to −4% is estimated, due to the current economic crisis.

The tourism industry is a major source of foreign exchange earnings and revenue accounting for 15% of Greece's total GDP and employing, directly or indirectly, 16.5% of the total workforce.

The Greek labor force totals 4.9 million, and it is the second-most-industrious betweenOECD countries, after South Korea. The Groningen Growth & Development Centre published a poll revealing that between 1995 and 2005, Greece ranked third in the "working hours per year ranking" among European nations; Greeks worked an average of 1,811 hours per year. In 2007, the average worker produced around 20 dollars per hour, similar to Spain and slightly more than half of average U.S. worker's hourly output. Immigrants make up nearly one-fifth of the work force, occupied in mainly agricultural and construction work.

Greece's purchasing power-adjusted GDP per capita is the world's 25th highest. According to the International Monetary Fund (IMF), it had an estimated average per capita income of $29,882 for the year 2009, a figure slightly higher than that of Italy and Spain. According to Eurostat data, Greek PPS GDP per capita stood at 95 per cent of the EU average in 2009. According to a survey by The Economist, the cost of living in Athens is close to 90% of the costs in New York City; in rural regions it is lower.

In Greece, the euro was introduced in 2002. As a preparation for this date, the minting of the new euro coins started as early as 2001, however all Greek euro coins introduced in 2002 have this year on it; unlike some other countries of the Eurozone where mint year is minted in the coin. Eight different designs, one per face value, were selected for the Greek coins. In 2007, in order to adopt the new common map like the rest of the Eurozone countries, Greece changed the common side of their coins. Before adopting the euro in 2002, Greece had maintained use of the Greek drachma from 1832.

In 2009, Greece had the EU's second-lowest Index of Economic Freedom (after Poland), ranking 81st in the world. The country suffers from high levels of political and economic corruption and low global competitiveness relative to its EU partners. The Greek economy faces significant problems, including rising unemployment levels and an inefficient government bureaucracy.

Although remaining above the euro area average, economic growth turned negative in 2009 for the first time since 1993. An indication of the trend of over-lending in recent years is the fact that the ratio of loans to savings exceeded 100% during the first half of the

By the end of 2009, as a result of a combination of international and local factors (respectively, the world financial crisis and uncontrolled government spending), the Greek economy faced its most-severe crisis since the restoration of democracy in 1974 as the Greek government revised its deficit from an estimated 6% to 12.7% of gross domestic product (GDP).

In early 2010, it was revealed that successive Greek governments had been found to have consistently and deliberately misreported the country's official economic statistics to keep within the monetary union guidelines. This had enabled Greek governments to spend beyond their means, while hiding the actual deficit from the EU overseers. In May 2010, the Greek government deficit was again revised and estimated to be 13.6% which was one of the highest in the world relative to GDP and public debt was forecast, according to some estimates, to hit 120% of GDP during 2010, one of the highest rates in the world.

As a consequence, there was a crisis in international confidence in Greece's ability to repay its sovereign debt. In order to avert such a default, in May 2010 the other Eurozone countries, and the IMF, agreed to a rescue package which involved giving Greece an immediate €45 billion in bail-out loans, with more funds to follow, totaling €110 billion. In order to secure the funding, Greece was required to adopt harsh austerity measures to bring its deficit under control. Their implementation will be monitored and evaluated by the European Commission, the European Central Bank and the IMF.

On 15 November 2010, the EU's statistics body Eurostat revised the public finance and debt figure for Greece following an excessive deficit procedure methodological mission in Athens, and put Greece's 2009 government deficit at 15.4% of GDP and public debt at 126.8% of GDP making it the biggest deficit (as a percentage of GDP) amongst the EU member nations (although some have speculated that Ireland's in 2010 may prove to be worse).

The financial crisis – particularly the austerity package put forth by the EU and the IMF – has been met with anger by the Greek public, leading to riots and social unrest, while peaceful demonstrations have been taking place every evening in front of the Greek parliament since 25 May 2011. On 27 June 2011, trade union organizations commenced a forty-eight hour labor strike in advance of a parliamentary vote on the austerity package, the first such strike since 1974. Massive demonstrations were organized throughout Greece, intended to pressure parliament members into voting against the package. In Athens alone, 38 arrests were made in addition to 75 people being detained, while 46 civilians and 38 policemen were injured. The second set of austerity measures was approved on 29 June 2011, with 155 out of 300 members of parliament voting in favor. The vote had been seen as crucial for the country's future, as the EU and IMF had made future funding conditional on a positive outcome.

Grenada

NORTH & CENTRAL AMERICA

The southernmost of the Windward Islands, Grenada made world headlines in 1983 when the US and Caribbean allies mounted an invasion to sever links with Castro's Cuba.

OFFICIAL NAME: Grenada
DATE OF FORMATION: 1974
CAPITAL: St. George's
POPULATION: 110,000
TOTAL AREA: 131 sq. miles (340 sq. km)
DENSITY: 793 people per sq. mile
LANGUAGES: English*, English Creole
RELIGIONS: Roman Catholic 68%, Anglican 17%, other 15%
ETHNIC MIX: Black African 82%, Mixed race 13%, East Indian 3%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: East Caribbean dollar = 100 cents

Geography

The island Grenada itself is the largest island; smaller Grenadines are Carriacou, Petit Martinique, Ronde Island, Caille Island, Diamond Island, Large Island, Saline Island, and Frigate Island. Most of the population lives on Grenada itself, and major towns there include the capital, St. George's, Grenville and Gouyave. The largest settlement on the other islands is Hillsborough on Carriacou.

The islands are of volcanic origin with extremely rich soil. Grenada's interior is very mountainous with Mount St. Catherine being the highest at 840 m. Several small rivers with beautiful waterfalls flow into the sea from these mountains. The climate is tropical: hot and humid in the rainy season and cooled by the trade winds in the dry season. Grenada, being on the Southern edge of the hurricane belt, has suffered only three hurricanes in fifty years.

Hurricane Janet passed over Grenada on Friday 23 September 1955 with winds of 185 km/h, causing severe damage. The most recent storms to hit have been Hurricane Ivan on Tuesday 7 September 2004 causing severe damage and thirty-nine deaths and Hurricane Emily on Thursday 14 July 2005, causing serious damage in Carriacou and in the north of Grenada which had been relatively lightly affected by Hurricane Ivan.

Climate

Tropical, tempered by trade winds. Hurricanes are a hazard in the July– November wet season.

People & Society

Grenadians are mainly of African origin; their traditions remain strong, especially on Carriacou. Inter-ethnic marriage has reduced tensions between the groups. Extended families, often headed by women, are the norm. Wealth disparities are not marked, but levels of poverty are growing.

Grenada, like many of the Caribbean islands is subject to a large amount of migration, with a large number of young people wanting to leave the island to seek life elsewhere. With just 110,000 people living in Grenada, estimates and census data suggest that there are at least that number of Grenadian-born people in other parts of the Caribbean (such as Barbados and Trinidad) and at least that number again in First World countries. Popular migration points for Grenadians further north include New York City, Toronto, the United Kingdom (London and Yorkshire predominantly — see Grenadians in the UK) and sometimes Montreal, or as far south as Australia. This means that probably around a third of those born in Grenada still live there.

The official language, English, is used in the government, but Grenadian Creole is considered the lingua franca of the island. French Patois (Antillean Creole) is also spoken by about 10%–20% the population. Some Hindi/Bhojpuri terms are still spoken amongst the Indian descendants, mostly those pertaining to the kitchen; such as aloo, geera, karela, seim, chownkay, and baylay. The term bhai, which means 'brother' in Urdu and Hindi, is a common form of greeting amongst Indo-Grenadians males of equal status.

Economy

Economic progress in fiscal reforms and prudent macroeconomic management have boosted annual growth to 5%–6% in 1998–99; the increase in economic activity has been led by construction and trade. Tourist facilities are being expanded; tourism is the leading foreign exchange earner. Major short-term concerns are the rising fiscal deficit and the deterioration in the external account balance. Grenada shares a common central bank and a common currency (the East Caribbean dollar) with seven other members of the Organisation of Eastern Caribbean States (OECS)

Grenada is a leading producer of several different spices. Cinnamon, cloves, ginger, mace, allspice, orange/citrus peels, wild coffee used by the locals, and especially nutmeg, providing 20% of the world supply, are all important exports. The nutmeg on the nation's flag represents the economic crop of Grenada; the nation is the world's second largest producer of nutmeg (after Indonesia).

Tourism is Grenada's main economic force. Conventional beach and water-sports tourism is largely focused in the southwest region around St George, the airport and the coastal strip; however, ecotourism is growing in significance. Most of these small ecofriendly guesthouses are located in the Saint David and Saint John parishes. You will find a lot of different accommodations from luxury like the Spice Island Beach Resort to small cottages resorts like Mango Bay Cottages.The tourism industry is increasing dramatically with the construction of a large cruise ship pier and esplanade. Up to 4 cruise ships per day were visiting St. Georges in 2007–8 during the cruise ship season.

The island has also pioneered the cultivation of organic cocoa which is also processed into finished bars by the Grenada Chocolate Company.

Tourism is concentrated in the southwest of the island, around St. George, Grand Anse, Lance Aux Epines, and Point Salines. Grenada has many idyllic beaches around its coastline including the 3 km (1.9 mi) long Grand Anse Beach in St George which is considered to be one of the finest beaches in the world, and often appears in countdowns of the world's top 10 beaches.

Grenada is linked to the world through the Maurice Bishop International Airport and the St. George's harbour. International flights connect with other Caribbean islands, the United States, and Europe. There is also a daily fast ferry service between St. George and Hillsborough. Beginning in October, 2009, new passenger ferry service between Grenada, Barbados, St. Vincent, St. Lucia, and Trinidad provided by Grenada-based BEDY Ocean Line is scheduled to begin.

Guatemala

NORTH & CENTRAL AMERICA

The largest and most populous nation on the Central American isthmus, Guatemala returned to civilian rule in 1986 after 32 years of violent and repressive military rule.

OFFICIAL NAME: Republic of Guatemala
DATE OF FORMATION: 1838
CAPITAL: Guatemala City
POPULATION: 13.2 million
TOTAL AREA: 42,042 sq. miles (108,890 sq. km)
DENSITY: 335 people per sq. mile
LANGUAGES: Quiché, Mam, Cakchiquel, Kekchí, Spanish*
RELIGIONS: Roman Catholic 65%, Protestant 33%, other 2%
ETHNIC MIX: Amerindian 60%, Mestizo 30%, other 10%
GOVERNMENT: Presidential system
CURRENCY: Quetzal = 100 centavos

Geography

Guatemala lies between latitudes 13° and 18°N, and longitudes 88° and 93°W.

The country is mountainous with small desert and sand dune patches, hilly valleys filled with people, except for the south coastal area and the vast northern lowlands of Petén department. Two mountain chains enter Guatemala from west to east, dividing the country into three major regions: the highlands, where the mountains are located; the Pacific coast, south of the mountains; and the Petén region, north of the mountains. All major cities are located in the highlands and Pacific coast regions; by comparison, Petén is sparsely populated. These three regions vary in climate, elevation, and landscape, providing dramatic contrasts between hot, humid tropical lowlands and colder, drier highland peaks. Volcán Tajumulco, at 4,220 m, is the highest point in the Central American states.

The rivers are short and shallow in the Pacific drainage basin, larger and deeper in the Caribbean and the Gulf of Mexico drainage basins, which include the Polochic and Dulce Rivers, which drain into Lake Izabal, the Motagua River, the Sarstún that forms the boundary with Belize, and the Usumacinta River, which forms the boundary between Petén and Chiapas, Mexico.

Guatemala has long claimed all or part of the territory of neighbouring Belize, formerly part of the Spanish colony, and currently an independent Commonwealth Realm which recognises Queen Elizabeth II as its Head of State. Due to this territorial dispute, Guatemala recognized Belize's independence until 1990, but the dispute is not resolved. Negotiations are currently underway under the auspices of the Organization of American States and the Commonwealth of Nations to conclude it.

Guatemala's location between the Caribbean Sea and Pacific Ocean makes it a target for hurricanes, such as Hurricane Mitch in 1998 and Hurricane Stan in October 2005, which killed more than 1,500 people. The damage was not wind related, but rather due to significant flooding and resulting mudslides.

Guatemala's highlands lie along the Motagua Fault, part of the boundary between the Caribbean and North American tectonic plates. This fault has been responsible for several major earthquakes in historic times, including a 7.5 magnitude tremor on February 4, 1976, which killed more than 25,000 people. In addition, the Middle America Trench, a major subduction zone lies off the Pacific coast. Here, the Cocos Plate is sinking beneath the Caribbean Plate, producing volcanic activity inland of the coast. Guatemala has 37 volcanoes, four of them are active: Pacaya, Santiaguito, Fuego and Tacaná. Fuego and Pacaya erupted in 2010.

Natural disasters have a long history in this geologically active part of the world. For example, two of the three moves of the capital of Guatemala have been due to volcanic mudflows in 1541 and earthquakes in 1773.

Climate

Tropical: hot and humid in coastal regions and north. More temperate in central highlands.

People & Society

Amerindians, concentrated in the highlands, form a majority. Power, wealth, and land are controlled by ladinos (Westernized Amerindians and mestizos). Catholicism is predominant, mixed with Amerindian beliefs. A third of the population lives on less than $2 a day. Literacy levels are low.

There are smaller communities present. The Garífuna, who are descended primarily from Black Africans who lived with and intermarried with indigenous peoples from St. Vincent's, live mainly in Livingston and Puerto Barrios. Those communities have other blacks and mulattos descended from banana workers. There are also Asians, mostly of Chinese descent.Other Asian groups include Arabs of Lebanese and Syrian descent. There is also a growing Korean community in Guatemala City and in nearby Mixco, currently numbering about 10,000. Guatemala's German population is credited with bringing the tradition of a Christmas tree to the country.

In 1900, Guatemala had a population of 885,000. Over the course of the twentieth century the population of the country grew, the fastest growth in the Western Hemisphere. The ever-increasing pattern of emigration to the U.S. has led to the growth of Guatemalan communities in California, Florida, Illinois, New York, Texas, Rhode Island and elsewhere since the 1970s

The Civil War forced many Guatemalans to start lives outside of their country. The majority of the Guatemalan diaspora is located in the United States, with estimates ranging from 480,665 to 1,489,426. The difficulty in getting accurate counts for Guatemalans abroad is because many of them are refugee claimants awaiting determination of their status.

Economy

According to the CIA World Factbook, Guatemala's GDP (PPP) per capita is US$5,000; however, this developing country still faces many social problems and is among the 10 poorest countries in Latin America. The distribution of income remains highly unequal with more than half of the population below the national poverty line and just over 400,000 (3.2%) unemployed. The CIA World Fact Book considers 56.2% of the population of Guatemala to be living in poverty.

Remittances from Guatemalans who fled to the United States during the civil war now constitute the largest single source of foreign income (more than the combined value of exports and tourism).

In recent years the exporter sector of nontraditional products has grown dynamically representing more than 53 percent of global exports. Some of the main products for export are fruits, vegetables, flowers, handicrafts, cloths and others.

Gross Domestic Product (GDP) in purchasing power parity (PPP) in 2006 was estimated at $61.38 billion USD. The service sector is the largest component of GDP at 58.7%, followed by the agriculture sector at 22.1% (2006 est.). The industrial sector represents only 19.1% of GDP (2006 est.). Mines produce gold, silver, zinc, cobalt and nickel. The agricultural sector accounts for about one-fourth of GDP, two-fifths of exports, and half of the labor force. Organic coffee, sugar, textiles, fresh vegetables, and bananas are the country's main exports. Inflation was 5.7% in 2006.

The 1996 peace accords that ended the decades-long Civil War removed a major obstacle to foreign investment. Tourism has become an increasing source of revenue for Guatemala.

In March 2006 Guatemala's congress ratified the Dominican Republic – Central American Free Trade Agreement (DR-CAFTA) between several Central American nations and the United States. Guatemala also has free trade agreements with Taiwan and Colombia.

Guinea

AFRICA

Located on the west coast of Africa, Guinea became the first French colony in Africa to gain independence, in 1958. The country was under military rule from 1984 to 1995.

OFFICIAL NAME: Republic of Guinea
DATE OF FORMATION: 1958
CAPITAL: Conakry
POPULATION: 10 million
TOTAL AREA: 94,925 sq. miles (245,857 sq. km)
DENSITY: 106 people per sq. mile
LANGUAGES: Pulaar, Malinké, Soussou, French*
RELIGIONS: Muslim 65%, traditional beliefs 33%, Christian 2%
ETHNIC MIX: Peul 39%, Malinké 23%, other 21%, Soussou 11%, Kissi 6%
GOVERNMENT: Presidential system
CURRENCY: Guinea franc = 100 centimes

Geography

At 245 800 km^2 (310 sq mi), Guinea is roughly the size of the United Kingdom and slightly smaller than the US state of Oregon. There are 300 km (190 mi) of coastline and a total land border of 3,400 km (2,100 mi). Its neighbours are Côte d'Ivoire (Ivory Coast), Guinea-Bissau, Liberia, Mali, Senegal and Sierra Leone. It lies mostly between latitudes 7° and 13°N, and longitudes 7° and 15°W (a small area is west of 15°).

The country is divided into four main regions: the Basse-Coté lowlands, populated mainly by the Susu ethnic group; the cooler, mountainous Fouta Djallon that run roughly north-south through the middle of the country, populated by Fulas, the Sahelian Haute-Guinea to the northeast, populated by Malinké, and the forested jungle regions in the southeast, with several ethnic groups. Guinea's mountains are the source for the Niger, the Gambia, and Senegal Rivers, as well as the numerous rivers flowing to the sea on the west side of the range in Sierra Leone and Ivory Coast.

The highest point in Guinea is Mount Nimba at 1,750 m (5,740 ft). Although the Guinean and Ivorian sides of the Nimba Massif are a UNESCO Strict Nature Reserve, the portion of the so-called Guinean Backbone continues into Liberia, where it has been mined for decades; the damage is quite evident in the Nzérékoré Region at 7°32′17″N 8°29′50″W.

Climate

Tropical, with a wet season April– October. Conakry is especially rainy. Hot, dry harmattan wind blows from Sahara during dry season.

People & Society

Peul and Malinké make up most of the population, but rivalries between them have allowed coastal peoples such as the Soussou to dominate politics. Daily life revolves around the extended family. Women acquired influence under arxist party rule between 1958 and 1984, but the Muslim revival since then has reversed the trend. Private enterprise has created a business class.

Economy

Guinea has abundant natural resources including 25% or more of the world's known bauxite reserves. Guinea also has diamonds, gold, and other metals. The country has great potential for hydroelectric power. Bauxite and alumina are currently the only major exports. Other industries include processing plants for beer, juices, soft drinks and tobacco. Agriculture employs 80% of the nation's labor force. Under French rule, and at the beginning of independence, Guinea was a major exporter of bananas, pineapples, coffee, peanuts, and palm oil.

Richly endowed with minerals, Guinea possesses over 25 billion tonnes (metric tons) of bauxite – and perhaps up to one-half of the world's reserves. In addition, Guinea's mineral wealth includes more than 4-billion tonnes of high-grade iron ore, significant diamond and gold deposits, and undetermined quantities of uranium. Guinea has considerable potential for growth in agricultural and fishing sectors. Soil, water, and climatic conditions provide opportunities for large-scale irrigated farming and agro industry. Possibilities for investment and commercial activities exist in all these areas, but Guinea's poorly developed infrastructure and rampant corruption continue to present obstacles to large-scale investment projects.

Joint venture bauxite mining and alumina operations in northwest Guinea historically provide about 80% of Guinea's foreign exchange. Bauxite is refined into alumina, which is later smelted into aluminium. The Compagnie des Bauxites de Guinea (CBG), which exports about 14 million tonnes of high-grade bauxite annually, is the main player in the bauxite industry. CBG is a joint venture, 49% owned by the Guinean Government and 51% by an international consortium known as Halco Mining Inc., a joint venture of Dadco Mining and Rio Tinto Alcan. The Compagnie des Bauxites de Kindia (CBK), a joint venture between the Government of Guinea and Russki Alumina, produces some 2.5 million tonnes annually, nearly all of which is exported to Russia and Eastern Europe. Dian Dian, a Guinean/Ukrainian joint bauxite venture, has a projected production rate of 1,000,000 t (1,102,311 short tons; 984,207 long tons) per year, but is not expected to begin operations for several years. The Alumina Compagnie de Guinée (ACG), which took over the former Friguia Consortium, produced about 2.4 million tonnes in 2004 as raw material for its alumina refinery. The refinery exports about 750,000 tonnes of alumina. Both Global Alumina and Alcoa-Alcan have signed conventions with the Government of Guinea to build large alumina refineries with a combined capacity of about 4 million tonnes per year.

Diamonds and gold also are mined and exported on a large scale. AREDOR, a joint diamond-mining venture between the Guinean Government (50%) and an Australian, British, and Swiss consortium, began production in 1984 and mined diamonds that are 90% gem quality. Production stopped from 1993 until 1996, when First City Mining, of Canada, purchased the international portion of the consortium. The bulk of diamonds are mined artisanally. The largest gold mining operation in Guinea is a joint venture between the government and Ashanti Goldfields of Ghana. Société Minière de Dinguiraye (SMD) also has a large gold mining facility in Lero, near the Malian border.

Guinea has large reserves of the steel-making raw material, iron ore. Rio Tinto is the majority owner of the $6 billion Simandou iron ore project, which the firm says is the world's best unexploited resource. Rio Tinto has signed a binding agreement with Aluminum Corp. of China Ltd. to establish the joint venture for the Simandou iron ore project. This project is said to be of the same magnitude as the Pilbara in Western Australia. In the 1960s, Thomas Price, then vice president of US-based steel company Kaiser Steel, said, "I think this [the Pilbara] is one of the most massive ore bodies in the world."

Northwest Africa's coast has now been assessed and is ready for oil development, and Guinea is actively being courted in this endeavor. Guinea signed a Production sharing agreement with Hyperdynamics Corporation (Houston, TX) in 2006 to explore a large offshore tract, recently in partnership with Dana Petroleum PLC (Aberdeen, United Kingdom). The initial well, the Sabu-1, is scheduled to begin drilling in October 2011 at a site in approximately 700 meters of water. The Sabu-1 will target a four-way anticline prospect with upper Cretaceous sands and is anticipated to be drilled to a total depth of 3,600 meters.

Guinea-Bissau

AFRICA

Known as Portuguese Guinea while a colony, Guinea-Bissau lies on Africa's west coast. Since 1994, its nascent democracy has been plagued by coups and rebellions.

OFFICIAL NAME: Republic of Guinea-Bissau
DATE OF FORMATION: 1974
CAPITAL: Bissau
POPULATION: 1.64 million
TOTAL AREA: 13,946 sq. miles (36,120 sq. km)
DENSITY: 148 people per sq. mile
LANGUAGES: Portuguese Creole, Balante, Fulani, Malinke, Portuguese*
RELIGIONS: Indigenous beliefs 52%, Muslim 40%, Christian 8%
ETHNIC MIX: Balante 30%, other 24%, Fulani 20%, Mandyako 14%, Mandinka 12%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Guinea-Bissau lies mostly between latitudes 11° and 13°N (a small area is south of 11°), and longitudes 13° and 17°W.

At 36,125 square kilometres (13,948 sq mi), the country is larger in size than Taiwan, Belgium, or the U.S. state of Maryland. This small, tropical country lies at a low altitude; its highest point is 300 metres (984 ft). The interior is savanna, and the coastline is plain with swamps of Guinean mangroves. Its monsoon-like rainy season alternates with periods of hot, dry harmattan winds blowing from the Sahara. The Bijagos Archipelago extends out to sea.

Climate

Guinea-Bissau is warm all year around and there is little temperature fluctuation; it averages 26.3 °C (79.3 °F). The average rainfall for Bissau is 2,024 millimetres (79.7 in) although this is almost entirely accounted for during the rainy season which falls between June and September/October. From December through April, the country experiences drought.

People & Society

The largest ethnic group is the Balante, who live in the south. Though only around 1% of the population, the mixed Portuguese–African mestiços dominate the top ranks of government and bureaucracy. Most people live and work on small family farms, grouped in self-contained villages. The bulk of the urban population live in Bissau, where they face economic hardship. Narcotics traffickers are taking advantage of the ongoing instability.

Throughout the 20th century, most Bissau-Guineans practiced some form of Animism. Recently, many have adopted Islam, which is currently practiced by 35 percent of the country's population; most of Guinea-Bissau's Muslims practice Sunni Islam. Approximately 10 percent of the country's population belong to the Christian community, and 55 percent continue to hold Indigenous beliefs. These statistics can be misleading, however, as both Islamic and Christan practices may be largely influenced and enriched by syncretism with traditional African beliefs.

Economy

Guinea-Bissau's GDP per capita is one of the lowest in the world. Its Human Development Index is also one of the lowest on earth. More than two-thirds of the population lives below the poverty line. The economy depends mainly on agriculture; fish, cashew nuts and ground nuts are its major exports. A long period of political instability has resulted in depressed economic activity, deteriorating social conditions, and increased macroeconomic imbalances.

Guinea-Bissau has started to show some economic advances after a pact of stability was signed by the main political parties of the country, leading to an IMF-backed structural reform program. The key challenges for the country in the period ahead would be to achieve fiscal discipline, rebuild public administration, improve the economic climate for private investment, and promote economic diversification. After becoming independent from Portugal in 1974 due to the Portuguese Colonial War and the Carnation Revolution, the exodus of the Portuguese civilian, military and political authorities brought tremendous damage to the country's economic infrastructure, social order and standard of living.

After several years of economic downturn and political instability, in 1997, Guinea-Bissau entered the CFA franc monetary system, bringing about some internal monetary stability. The civil war that took place in 1998 and 1999 and a military coup in September 2003 again disrupted economic activity, leaving a substantial part of the economic and social infrastructure in ruins and intensifying the already widespread poverty. Following the parliamentary elections in March 2004 and presidential elections in July 2005, the country is trying to recover from the long period of instability despite a still-fragile political situation.

Beginning around 2005, drug traffickers based in Latin America began to use Guinea-Bissau, along with several neighboring West African nations, as a transshipment point to Europe for cocaine. The nation was described by a United Nations official as being at risk for becoming a "narco-state".The government and the military did almost nothing to stop this business. In 2009 nearly all transports via Guinea Bissau have been stopped and translocated to Mali.

Guinea-Bissau is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

Guyana

SOUTH AMERICA

On the northeast coast of South America, Guyana is the continent's only English-speaking country. Independent since 1966, it has close ties with the anglophone Caribbean.

OFFICIAL NAME: Cooperative Republic of Guyana
DATE OF FORMATION: 1966
CAPITAL: Georgetown
POPULATION: 752,940
TOTAL AREA: 83,000 sq. miles (214,970 sq. km)
DENSITY: 10 people per sq. mile
LANGUAGES: Creole, Hindi, English*
RELIGIONS: Christian 57%, Hindu 33%, Muslim 9%, other 1%
ETHNIC MIX: East Indian 43%, Black African 30%, other 18%, Amerindian 9%
GOVERNMENT: Presidential system
CURRENCY: Guyanese dollar = 100 cents

Geography

The territory controlled by Guyana lies between latitudes 1° and 9°N, and longitudes 56° and 62°W.

The country can be divided into five natural regions; a narrow and fertile marshy plain along the Atlantic coast (low coastal plain) where most of the population lives; a white sand belt more inland (hilly sand and clay region), containing most of Guyana's mineral deposits; the dense rain forests (Forested Highland Region) in the southern part of the country; the desert savannah in the southern west; and the smallest interior lowlands (interior savannah) consisting mostly of mountains that gradually rise to the Brazilian border.

Some of Guyana's highest mountains are Mount Ayanganna (2,042 metres / 6,699 feet), Monte Caburaí (1,465 metres / 4,806 feet) and Mount Roraima (2,810 metres / 9,219 feet – the highest mountain in Guyana) on the Brazil-Guyana-Venezuela tripoint border, part of the Pakaraima range. Mount Roraima and Guyana's table-top mountains (tepuis) are said to have been the inspiration for Sir Arthur Conan Doyle's 1912 novel The Lost World. There are also many volcanic escarpments and waterfalls, including Kaieteur Falls. North of the Rupununi River lies the Rupununi savannah, south of which lie the Kanuku Mountains.

The four longest rivers are the Essequibo at 1,010 kilometres (628 mi) long, the Courantyne River at 724 kilometres (450 mi), the Berbice at 595 kilometres (370 mi), and the Demerara at 346 kilometres (215 mi). The Courantyne river forms the border with Suriname. At the mouth of the Essequibo are several large islands, including the 145 km (90 mi) wide Shell Beach lies along the northwest coast, which is also a major breeding area for sea turtles (mainly Leatherbacks) and other wildlife.

The local climate is tropical and generally hot and humid, though moderated by northeast trade winds along the coast. There are two rainy seasons, the first from May to mid-August, the second from mid-November to mid-January.

Guyana has one of the largest unspoiled rainforests in South America, some parts of which are almost inaccessible by humans. The rich natural history of Guyana was described by early explorers Sir Walter Raleigh and Charles Waterton and later by naturalists Sir David Attenborough and Gerald Durrell. In 2008, the BBC ran a three-part programme called Lost Land of the Jaguar which highlighted the huge diversity of wildlife, including undiscovered species and rare species such as the giant otter and harpy eagle.

Climate

Tropical. Coast cooled by sea breezes. Lowlands are hot, wet, and humid. Highlands are a little cooler.

People & Society

Guyana is a complex multiracial society. Tension exists between the Afro-Guyanese, descended from slaves, and the Indo-Guyanese, descendants of laborers brought over after slavery was abolished. Politics is highly polarized around this split and has often spilled over into violence on the streets. Amerindian subsistence farmers are the poorest people in society and have little representation.

Economy

The main economic activities in Guyana are agriculture (production of rice and Demerara sugar), bauxite mining, gold mining, timber, shrimp fishing and minerals. Chronic problems include a shortage of skilled labour and a deficient infrastructure. In 2008, the economy witnessed a 3% increase in growth amid the global economic crisis and is expected to grow further in 2009.

Until recently, the government was juggling a sizable external debt against the urgent need for expanded public investment. Low prices for key mining and agricultural commodities combined with troubles in the bauxite and sugar industries had threatened the government's tenuous fiscal position and dimmed prospects for the future. However, the Guyanese economy has rebounded slightly and exhibited moderate economic growth since 1999, thanks to an expansion in the agricultural and mining sectors, a more favorable atmosphere for business initiatives, a more realistic exchange rate, fairly low inflation, and the continued support of international organizations.

The sugar industry, which accounts for 28% of all export earnings, is largely run by the company Guysuco, which employs more people than any other industry. Many industries have a large foreign investment. For example, the mineral industry is heavily invested in by the American company Reynolds Metals and the British-Australian Rio Tinto's Rio Tinto Alcan subsidiary; the Korean/Malaysian Barama Company has a large stake in the logging industry.

The production of balatá (natural latex) was once big business in Guyana. Most of the balata bleeding in Guyana took place in the foothills of the Kanuku Mountains in the Rupununi. Early exploitation also took place in the North West District, but most of the trees in the area were destroyed by illicit bleeding methods that involved cutting down the trees rather than making incisions in them. Uses of balatá included the making of cricket balls, the temporary filling of troublesome tooth cavities, and the crafting of figurines and other decorative items (particularly by the Macushi people of the Kanuku mountains).

Major private sector organizations include the Private Sector Commission (PSC) and the Georgetown Chamber of Commerce & Industry (GCCI);

The government initiated a major overhaul of the tax code in early 2007. The Value Added Tax (VAT) was brought into effect, replacing six different taxes. Prior to the implementation of the VAT, it had been relatively easy to evade sales tax, and many businesses were in violation of tax code. Many businesses were very opposed to VAT introduction because of the extra paperwork required; however, the Government has remained firm on the VAT. By replacing several taxes with one flat tax rate, it will also be easier for government auditors to spot embezzlement. While the adjustment to VAT has been difficult, it may improve day-to-day life because of the significant additional funds the government will have available for public spending.

President Bharrat Jagdeo has made debt relief a foremost priority of his administration. He has been quite successful, getting US$800 million of debt written off by the International Monetary Fund (IMF), the World Bank and the Inter-American Development Bank (IDB), in addition to millions more from other industrial nations. Mr. Jagdeo was lauded by IDB President Moreno for his strong leadership and negotiating skills in pursuing debt relief for Guyana and several other regional countries.

Haiti

NORTH & CENTRAL AMERICA

Formerly a French colony, Haiti shares the Caribbean island of Hispaniola with the Dominican Republic. At independence in 1804, it became the world's first black republic.

OFFICIAL NAME: Republic of Haiti
DATE OF FORMATION: 1804
CAPITAL: Port-au-Prince
POPULATION: 9.7 million
TOTAL AREA: 10,714 sq. miles (27,750 sq. km)
DENSITY: 943 people per sq. mile
LANGUAGES: French Creole*, French
RELIGIONS: Roman Catholic 80%, Protestant 16%, other 3%, nonreligious 1%; Voodoo is widely practiced
ETHNIC MIX: Black African 95%, Mixed race and European 5%
GOVERNMENT: Presidential system
CURRENCY: Gourde = 100 centimes

Geography

Haiti is on the western part of Hispaniola, the second largest island in the Greater Antilles. Haiti is the third largest country in the Caribbean behind Cuba and the Dominican Republic (the latter shares a 360-kilometre (224 mi) border with Haiti). Haiti at its closest point is only about 45 nautical miles (83 km; 52 mi) away from Cuba and has the second longest coastline (1,771 km/1,100 mi) in the Greater Antilles, Cuba having the longest. The country lies mostly between latitudes 18° and 20°N (Tortuga island lies just north of 20°), and longitudes 71° and 75°W. Haiti's terrain consists mainly of rugged mountains interspersed with small coastal plains and river valleys.

The northern region consists of the Massif du Nord (Northern Massif) and the Plaine du Nord (Northern Plain). The Massif du Nord is an extension of the Cordillera Central in the Dominican Republic. It begins at Haiti's eastern border, north of the Guayamouc River, and extends to the northwest through the northern peninsula. The lowlands of the Plaine du Nord lie along the northern border with the Dominican Republic, between the Massif du Nord and the North Atlantic Ocean. The central region consists of two plains and two sets of mountain ranges. The Plateau Central (Central Plateau) extends along both sides of the Guayamouc River, south of the Massif du Nord. It runs from the southeast to the northwest. To the southwest of the Plateau Central are the Montagnes Noires, whose most northwestern part merges with the Massif du Nord. Its westernmost point is known as Cap Carcasse.

The southern region consists of the Plaine du Cul-de-Sac (the southeast) and the mountainous southern peninsula (also known as the Tiburon Peninsula). The Plaine du Cul-de-Sac is a natural depression that harbors the country's saline lakes, such as Trou Caïman and Haiti's largest lake, Lac Azuéi. The Chaîne de la Selle mountain range – an extension of the southern mountain chain of the Dominican Republic (the Sierra de Baoruco) – extends from the Massif de la Selle in the east to the Massif de la Hotte in the west. This mountain range harbors Pic la Selle, the highest point in Haiti at 2,680 metres (8,793 ft)

The country's most important valley in terms of crops is the Plaine de l'Artibonite, which is oriented south of the Montagnes Noires. This region supports the country's (also Hispaniola's) longest river, the Riviere l'Artibonite, which begins in the western region of the Dominican Republic and continues most of its length through central Haiti and onward where it empties into the Golfe de la Gonâve. The eastern and central region of the island is a large elevated plateau. Haiti also includes various offshore islands. The historically famous island of Tortuga (Île de la Tortue) is located off the coast of northern Haiti. The arrondissement of La Gonâve is located on the island of the same name, in the Golfe de la Gonâve. Gonâve Island is moderately populated by rural villagers. Île à Vache (Cow Island), a lush island with many beautiful sights, is located off the tip of southwestern Haiti. Also part of Haiti are the Cayemites and Île d' Anacaona.

Climate

Tropical, with rain throughout the year. Humid in coastal areas, much cooler in the mountains.

People & Society

Most Haitians are of African descent. A few have European roots, primarily French. The rigid class structure maintains vast disparities of wealth. The majority of the population live in extreme poverty; Haiti is one of the poorest countries in the Americas. A combination of political oppression and a collapsing economy led thousands to seek asylum in the US or the Dominican Republic. Though most are Christians, many Haitians practice Voodoo, which was recognized as an official religion in 2003.

Haiti has a long and storied history and therefore retains a rich culture. Haitian culture is a mixture of primarily French, African elements, and native Taíno, with influence from the colonial Spanish. The country's customs essentially are a blend of cultural beliefs that derived from the various ethnic groups that inhabited the island of Hispaniola. In nearly all aspects of modern Haitian society however, the European and African elements dominate. Haiti is world famous for its distinctive art, notably painting and sculpture.

The music of Haiti is influenced mostly by European colonial ties and African migration (through slavery). In the case of European colonization, musical influence has derived primarily from the French, however Haitian music has been influenced to a significant extent by its Spanish-speaking neighbors, the Dominican Republic and Cuba, whose Spanish-infused music has contributed much to the country's musical genres as well. Styles of music unique to the nation of Haiti include music derived from Voodoo ceremonial traditions, Rara parading music, troubadour ballads, and the wildly popular Compas.

Compas (in French) or Konpa (in Creole) is a complex, ever-changing music that arose from African rhythms and European ballroom dancing, mixed with Haiti's bourgeois culture. It is a refined music, played with an underpinning of tipico, and méringue (related to Dominican merengue) as a basic rhythm. Haiti had no recorded music until 1937 when Jazz Guignard was recorded non-commercially. One of the most popular Haitian artists is Wyclef Jean. Wyclef Jean, however, left the country before his teenage years. His music is somewhat hip-hop mixed with world music.

Brilliant colors, naive perspective and sly humor characterize Haitian art. Frequent subjects in Haitian art include big, delectable foods, lush landscapes, market activities, jungle animals, rituals, dances, and gods. Artists frequently paint in fables. People are disguised as animals and animals are transformed into people. In a mostly illiterate land, symbols take on great meaning. For example, a rooster often represents Aristide and the red and blue colors of the Haitian flag often represent his Lavalas party. Many artists cluster in 'schools' of painting, such as the Cap-Haïtien school, which features depictions of daily life in the city, the Jacmel School, which reflects the steep mountains and bays of that coastal town, or the Saint-Soleil School, which is characterized by abstracted human forms and is heavily influenced by Voodoo symbolism.

Economy

Haiti's economy is still recovering from the massive earthquake in January 2010. Its purchasing power parity GDP fell 8% in 2010 (from $12.15 billion to $11.18 billion) and the GDP per capita remained unchanged at (PPP US$) 1,200. Comparative social and economic indicators show Haiti falling behind other low-income developing countries (particularly in the hemisphere) since the 1980s. Haiti ranked 145 of 182 countries in the 2010 United Nations Human Development Index, with 57.3% of the population being deprived in at least three of the HDI's poverty measures.

The World Factbook reports a shortage of skilled labor, widespread unemployment and underemployment, saying "more than two-thirds of the labor force do not have formal jobs", and describes pre-earthquake Haiti as "already the poorest country in the Western Hemisphere with 80% of the population living under the poverty line and 54% in abject poverty." Most Haitians live on $2 or less per day.

Adult literacy is variously reported as 52.9% and 65.3% , and the World Bank estimates that in 2004 over 80% of college graduates from Haiti were living abroad, with their remittances home representing 52.7% of Haiti's GDP. Cité Soleil is considered one of the worst slums in the Americas, most of its 500,000 residents live in extreme poverty. Poverty has forced at least 225,000 Haitian children to work as restavecs (unpaid household servants); the United Nations considers this to be a modern-day form of slavery.

About 66% of all Haitians work in the agricultural sector, which consists mainly of small-scale subsistence farming, but this activity makes up only 30% of the GDP. The country has experienced little formal job-creation over the past decade, although the informal economy is growing. Mangoes and coffee are two of Haiti's most important exports.

Natural resources of Haiti include bauxite, copper, calcium carbonate, gold, marble and hydropower. Haiti contains relatively small amounts of gold, silver, antimony, tin, lignite, sulphur, coal, nickel, gypsum, limestone, manganese, marble, iron, tungsten, salt, clay, and various building stones. Gold and copper are found in small quantities in the north of the country. The government announced the discovery of new gold deposits in the northern peninsula in 1985, but long-standing plans for gold production proceeded slowly. Copper also was mined, beginning in the 1960s, but production of the ore was sporadic. There are bauxite (aluminum ore) deposits on the southern peninsula, but large scale mining there was discontinued in 1983. The country's only bauxite mine, the Miragoâne mine in the southern peninsula, produced an average of 500,000 tons of bauxite a year in the early 1980s; however, in 1982 the declining metal content of the ore, high production costs, and the oversupplied international bauxite market forced the mine to close. Bauxite had at one time been the country's second leading export. Haiti apparently has no hydrocarbon resources on land or in the Gulf of Gonâve and is therefore heavily dependent on energy imports (petroleum and petroleum products).

Haiti's richest 1% own nearly half the country's wealth. Haiti has consistently ranked among the most corrupt countries in the world on the Corruption Perceptions Index. Since the day of "Papa Doc" Duvalier, Haiti's government has been notorious for its corruption. It is estimated that President "Baby Doc" Duvalier, his wife Michelle, and three other people took $504 million from the Haitian public treasury between 1971 and 1986.

Similarly, some media outlets alleged that millions were stolen by former president Jean-Bertrand Aristide. However the accuracy of the information is questionable and may have been concocted to discredit Aristide. In March 2004, at the time of Aristide's being kidnapped, a BBC article wrote that the Bush administration State department claimed that Aristide had been involved in drug trafficking. The BBC also described pyramid schemes, in which Haitians lost hundreds of millions in 2002, as the "only real economic initiative" of the Aristide years. However this cannot necessarily be entirely blamed on Aristide since one of his conditions upon being returned to Haiti by the Clinton administration during the 90s was that he not stir the pot away from US Free Market Trade Policies. Clinton recently expressed regret and apologized for the US's trade policies with Haiti Aristide however decided against being further tied to the free market policies that he was restricted to, and he attempted to raise the country's minimum wage.

Foreign aid makes up approximately 30–40% of the national government's budget. The largest donor is the US, followed by Canada and the European Union. From 1990 to 2003, Haiti received more than $4 billion in aid. The United States alone had provided Haiti with 1.5 billion in aid. Venezuela and Cuba also make various contributions to Haiti's economy, especially after alliances were renewed in 2006 and 2007. In January 2010, China promised $4.2 million for the quake-hit island. US President Barack Obama pledged $1.15 billion in assistance. European Union nations promised more than 400 million euros ($616 million) in emergency aid and reconstruction funds.

US aid to the Haitian government was completely cut off from 2001 to 2004, after the 2000 election was disputed and President Aristide was accused of various misdeeds. After Aristide's departure in 2004, aid was restored, and the Brazilian army led the United Nations Stabilization Mission in Haiti peacekeeping operation. Following almost 4 years of recession ending in 2004, the economy grew by 1.5% in 2005.

In 2005 Haiti's total external debt reached an estimated US$1.3 billion, which corresponds to a debt per capita of US$169. In September 2009, Haiti met the conditions set out by the IMF and World Bank's Heavily Indebted Poor Countries program to qualify for cancellation of its external debt.

Honduras

NORTH & CENTRAL AMERICA

Straddling the Central American isthmus, Honduras returned to democratic rule in 1984, after a period of military government. Hurricane Mitch devastated the country in 1998.

OFFICIAL NAME: Republic of Honduras
DATE OF FORMATION: 1838
CAPITAL: Tegucigalpa
POPULATION: 8.24 million
TOTAL AREA: 43,278 sq. miles (112,090 sq. km)
DENSITY: 173 people per sq. mile
LANGUAGES: Spanish*, Garífuna, English Creole
RELIGIONS: Roman Catholic 97%, Protestant 3%
ETHNIC MIX: Mestizo 90%, Black African 5%, Amerindian 4%, White 1%
GOVERNMENT: Transitional regime
CURRENCY: Lempira = 100 centavos

Geography

Honduras borders the Caribbean Sea on the north coast and the Pacific Ocean on the south through the Gulf of Fonseca. It mostly lies between latitudes 13° and 17°N (a small area lies south of 13°, and the Swan Islands are north of 17°), and longitudes 83° and 90°W.

The climate varies from tropical in the lowlands to temperate in the mountains. The central and southern regions are relatively hotter and less humid than the northern coast.

The Honduran territory consists mainly of mountains, but there are narrow plains along the coasts, a large undeveloped lowland jungle La Mosquitia region in the northeast, and the heavily populated lowland Sula valley in the northwest. In La Mosquitia, lies the UNESCO world-heritage site Río Plátano Biosphere Reserve, with the Coco River which divides the country from Nicaragua.

The Islas de la Bahía and the Swan Islands (all off the north coast) are part of Honduras. Misteriosa Bank and Rosario Bank, 130 to 150 km (80–93 miles) north of the Swan Islands, fall within the EEZ of Honduras.

Natural resources include timber, gold, silver, copper, lead, zinc, iron ore, antimony, coal, fish, shrimp, and hydropower.

The region is considered a biodiversity hotspot because of the numerous plant and animal species that can be found there. Like other countries in the region, Honduras contains vast biological resources. The country hosts more than 6,000 species of vascular plants, of which 630 (described so far) are orchids; around 250 reptiles and amphibians, more than 700 bird species, and 110 mammal species, half of them being bats.

In the northeastern region of La Mosquitia lies the Río Plátano Biosphere Reserve, a lowland rainforest which is home to a great diversity of life. The reserve was added to the UNESCO World Heritage Sites List in 1982.

Honduras has rain forests, cloud forests (which can rise up to nearly three thousand meters above sea level), mangroves, savannas and mountain ranges with pine and oak trees, and the Mesoamerican Barrier Reef System. In the Bay Islands there are bottlenose dolphins, manta rays, parrot fish, schools of blue tang and whale shark.

Climate

Tropical coastal lowlands are hot and humid, with May–October rains. Interior is cooler and drier.

People & Society

The majority of the population is mestizo (mixed race). An English-speaking garífuna (black) community and Miskito Amerindians struggle to preserve their rights to land along the remote Caribbean coast. Women's status remains low. Hurricane Mitch impoverished 85% of the population. Wealth inequalities are large and poverty is at the root of social tension. The army ousted the president in 2009. Violent crime is a major issue.

About 2% of Honduras's population is black, or Afro-Honduran, and mainly reside on the country's Caribbean coast. Most are the descendants of the slaves and indentured servants from the West Indian islands brought to Honduras. Another large group (about 150,000 today) are the Garifuna, descendants of an Afro-Carib population which revolted against British authorities on the island of St. Vincent and were forcibly moved to Belize and Honduras during the 18th century. Garífunas are part of Honduran identity through theatrical presentations such as Louvavagu. A final group are workers brought in from the English-speaking Caribbean, primarily Jamaica and Barbados, to work on the fruit plantations started by mostly North American companies such as United Fruit Company in the late 19th and early 20th century.

Honduras hosts a significant Palestinian community (the vast majority of whom are Christian Arabs). The Palestinians arrived in the country in the late 19th and early 20th centuries, establishing themselves especially in the city of San Pedro Sula. The Palestinian community, well integrated in Honduras, is prominent in business, commerce, banking, industry, and politics. There is also an East Asian community that is primarily Chinese descent, and to a lesser extent Japanese. Some Korean, Ryukyuan, Vietnamese and Filipino peoples also make up a small percentage due to their arrival to Honduras as contract laborers in the 1980s and 1990s. There are also an estimated 1000 Sumos (or Mayangnas) that live in Honduras, the majority of whom reside on the Caribbean coast.

Economy

The economy has continued to grow slowly, but the distribution of wealth remains very polarized with average wages remaining low. Economic growth in the last few years has averaged 7% per year which has been one of the most successful growths in Latin America, but 50%, approximately 3.7 million, of the population still remains below the poverty line. It is estimated that there are more than 1.2 million people who are unemployed, the rate of unemployment standing at 27.9%. However, according to the Human Development Index, Honduras is the 6th poorest/least developed country in Latin America, after Haiti, Nicaragua, Guatemala, Guyana, and Bolivia.

Honduras was declared one of the Heavily Indebted Poor Countries by the World Bank and the International Monetary Fund which made it eligible for debt relief in 2005.

Both the electricity services (ENEE) and land-line telephone services (HONDUTEL) have been operated by government agencies, with ENEE receiving heavy subsidies because of chronic financial problems. HONDUTEL, however, is no longer a monopoly, the telecommunication sector having been opened to private-sector companies after 25 December 2005; this was one of the requirements before approving the beginning of CAFTA. There are price controls on petrol, and other temporary price controls for basic commodities are often passed for short periods by the Congress.

Gold, silver, lead and zinc are produced by mines owned by foreign companies.

After years of declining against the U.S. dollar the Lempira has stabilized at around 19 Lempiras per dollar. In June 2008 the exchange rate between United States Dollars and Honduran Lempiras was approximately 1 to 18.85.

In 2005 Honduras signed the CAFTA (Free Trade Agreement with United States). In December 2005, Honduras' main seaport Puerto Cortes was included in the U.S. Container Security Initiative.

On 7 December 2006, the U.S. Department of Homeland Security and the Department of Energy) announced the first phase of the Secure Freight Initiative, an unprecedented effort to build upon existing port security measures by enhancing the U.S. federal government's ability to scan containers for nuclear and radiological materials overseas and to better assess the risk of inbound containers. The initial phase of Secure Freight involves the deployment of a combination of existing technology and proven nuclear detection devices to six foreign ports: Port Qasim in Pakistan; Puerto Cortes in Honduras; Southampton in the United Kingdom; Port Salalah in Oman; Port of Singapore; and the Gamman Terminal at Port Busan in Korea. Since early 2007, containers from these ports are scanned for radiation and information risk factors before they are allowed to depart for the United States.

Hungary

EUROPE

Landlocked in central Europe, Hungary was one of the twin centers of the once-great Habsburg Empire. It lost two-thirds of its historical territory for supporting Germany in World War I.

OFFICIAL NAME: Republic of Hungary
DATE OF FORMATION: 1918
CAPITAL: Budapest
POPULATION: 9.97 million
TOTAL AREA: 35,919 sq. miles (93,030 sq. km)
DENSITY: 280 people per sq. mile
LANGUAGES: Hungarian*
RELIGIONS: Catholic 52%, Calvinist 16%, other 15%, nonreligious 14%, Lutheran 3%
ETHNIC MIX: Magyar 94%, other 5%, Roma 1%
GOVERNMENT: Parliamentary system
CURRENCY: Forint = 100 fillér

Geography

Hungary lies between latitudes 45° and 49° N, and longitudes 16° and 23° E.

Slightly more than one half of Hungary's landscape consists of flat to rolling plains of the Pannonian Basin: the most important plain regions include the Little Hungarian Plain in the west, and the Great Hungarian Plain in the southeast. The highest elevation above sea level on the latter is only 183 metres (600 ft).

Transdanubia is a primarily hilly region with a terrain varied by low mountains. These include the very eastern stretch of the Alps, Alpokalja, in the west of the country, the Transdanubian Mountains, in the central region of Transdanubia, and the Mecsek Mountains and Villány Mountains in the south. The highest point of the area is the Írott-kő in the Alps, at 882 metres (2,894 ft).

The highest mountains of the country are located in the Carpathians: these lie in the North Hungarian Mountains, in a wide band along the Slovakian border (highest point: the Kékes at 1,014 m/3,327 ft).

Hungary is divided in two by its main waterway, the Danube (Duna); other large rivers include the Tisza and Dráva, while Transdanubia contains Lake Balaton, a major body of water. The largest thermal lake in the world, Lake Hévíz (Hévíz Spa), is located in Hungary. The second largest lake in the Carpathian Basin is the artificial Lake Tisza (Tisza-tó).

Phytogeographically, Hungary belongs to the Central European province of the Circumboreal Region within the Boreal Kingdom. According to the WWF, the territory of Hungary belongs to the ecoregion of Pannonian mixed forests.

Hungary has 10 national parks, 145 minor nature reserves and 35 landscape protection areas.

Climate

Hungary has a continental climate, with hot summers with low overall humidity levels but frequent rainshowers and mildly cold snowy winters. Average annual temperature is 9.7 °C (49.5 °F). Temperature extremes are about 41.9 °C (107.4 °F) on 20 jul 2007 at Kiskunhalas in the summer and −35 °C (−31.0 °F) on 16 feb 1940 Miskolc-Görömbölytapolca in the winter. Average high temperature in the summer is 23 °C (73.4 °F) to 28 °C (82 °F) and average low temperature in the winter it is −3 °C (27 °F) to −7 °C (19 °F). The average yearly rainfall is approximately 600 mm (23.6 in). A small, southern region of the country near Pécs enjoys a reputation for a Mediterranean climate, but in reality it is only slightly warmer than the rest of the country and still receives snow during the winter.

Hungary is ranked sixth in an environmental protection index by GW/CAN.

People & Society

Hungary's population shrank in the 1990s. Mostly ethnic Hungarian (Magyar), there are small minorities of Germans, Jews, and neighboring peoples. Roma face particular discrimination. The government is greatly concerned about the fate of ethnic Hungarians in Romania, Serbia, and Slovakia. Hungary joined the EU in 2004. Working hours are longer than in western Europe.

For 93.6% of the population, the mother language is Hungarian, a Uralic language unrelated to any neighboring language and distantly related to Finnish and Estonian. The main minority group are the Roma. Other groups include: Germans, Slovaks, Croats and Bunjevcis, Romanians, Ukrainians, Serbs and Slovenes. A fringe theory that is well-known is that the Hungarian language is a descendant of Sumerian. Some linguists and historians (like Ida Bobula, Ferenc Badiny Jós, dr Tibor Baráth and others) have published this theory. There are some artifacts which they claim support this view (like the Tartaria tablets). Mainstream linguists reject the Sumerian theory as pseudoscience. Hungarian has often been claimed to be related to Hunnish, since Hungarian legends and histories show close ties between the two peoples; also, the name Hunor is preserved in legends and (along with a few Hunnic-origin names, such as Attila) is still used as a given name in Hungary. Many people share the belief that the Székelys, a Hungarian ethnic group living in Romania, are descended from the Huns.

Economy

Hungary held its first multi-party elections in 1990, following four decades of Communist rule, and has succeeded in transforming its centrally planned economy into a market economy. Both foreign ownership of and foreign investment in Hungarian firms are widespread. Hungary needs to reduce government spending and further reform its economy in order to meet the 2020 target date for accession to the euro zone.

Hungary has continued to demonstrate economic growth as one of the newest member countries of the European Union (since 2004). The private sector accounts for over 80% of GDP. Hungary gets nearly one third of all foreign direct investment flowing into Central Europe, with cumulative foreign direct investment totaling more than US$185 billion since 1989. It enjoys strong trade, fiscal, monetary, investment, business, and labor freedoms. The top income tax rate is fairly high, but corporate taxes are low. Inflation is low, it was on the rise in the past few years, but it is now starting to regulate. Investment in Hungary is easy, although it is subject to government licensing in security-sensitive areas. Foreign capital enjoys virtually the same protections and privileges as domestic capital. The rule of law is strong, a professional judiciary protects property rights, and the level of corruption is low.

The Hungarian economy is a medium-sized, structurally, politically, and institutionally open economy in Central Europe and is part of the EU single market. Like most Eastern European economies, it experienced market liberalisation in the early 1990s as part of a transition away from communism.

Today, Hungary is a full member of OECD and the World Trade Organization.

OECD was the first international organization to accept Hungary as a full member in 1996, after six years of successful cooperation.

In foreign investments, Hungary has seen a shift from lower-value textile and food industry to investment in luxury vehicle production, renewable energy systems, high-end tourism, and information technology.

The austerity measures introduced by the government are in part an attempt to fulfill the Maastricht criteria.

The austerity measures include a 2% rise in social security contributions, half of which is paid by employees, and a large increase in the minimum rate of sales tax (levied on food and basic services) from 15 to 20%.

The Hungarian Central Statistical Office reported a decrease in real wages in the first five months of 2007. Gross average income rose by 7%, while net average income increased by 1%. When adjusted for inflation, this corresponded to a 7% decline compared with real wages a year before. The drop was due mainly to the 2006 austerity package; however, state measures to combat the black economy may also have had an impact on pay developments.

Hungary's low employment rate remains a key structural handicap to achieving higher living standards. The government introduced useful measures in the key areas, namely early retirement, disability and old pensions.

Iceland

EUROPE

Europe's westernmost country, Iceland's strategic ocean location straddles the Mid-Atlantic Ridge. Its spectacular landscape is largely uninhabited, aside from coastal towns.

OFFICIAL NAME: Republic of Iceland
DATE OF FORMATION: 1944
CAPITAL: Reykjavík
POPULATION: 318,452
TOTAL AREA: 39,768 sq. miles (103,000 sq. km)
DENSITY: 8 people per sq. mile
LANGUAGES: Icelandic*
RELIGIONS: Evangelical Lutheran 93%, nonreligious 6%, other (mostly Christian) 1%
ETHNIC MIX: Icelandic 94%, other 5%, Danish 1%
GOVERNMENT: Parliamentary system
CURRENCY: Icelandic króna = 100 aurar

Geography

Iceland is located in the North Atlantic Ocean, mostly south of the Arctic Circle, which passes through the small island of Grímsey off Iceland's northern coast. Iceland lies between latitudes 63° and 67° N, and longitudes 25° and 13° W.

Though Iceland is nearer to Greenland (North America) than mainland Europe, the island is generally included in Europe for cultural reasons. Geologically the island is part of both continental plates. The closest bodies of land are Greenland (287 km (178 mi)) and the Faroe Islands (420 km (261 mi)). The closest distance to the mainland of Europe is 970 km (603 mi) (to Norway).

Iceland is the world's 18th largest island, and Europe's second largest island following Great Britain. The main island is 101,826 km^2 (39,315 sq mi) but the entire country is 103,000 km^2 (39,768.5 sq mi) in size, of which 62.7% is tundra. There are thirty minor islands in Iceland, including the lightly populated island of Grímsey and the Vestmannaeyjar archipelago. Lakes and glaciers cover 14.3%; only 23% is vegetated. The largest lakes are Þórisvatn (Reservoir): 83–88 km^2 (32.0–34.0 sq mi) and Þingvallavatn: 82 km^2 (31.7 sq mi); other important lakes include Lagarfljót and Mývatn. Jökulsárlón is the deepest lake, at 248 m (814 ft).

Geologically, Iceland is a part of the Mid-Atlantic Ridge, the ridge along which the oceanic crust spreads and forms new oceanic crust. In addition, this part of the mid-ocean ridge is located atop a mantle plume causing Iceland to be subaerial. Iceland marks the boundary between both the Eurasian Plate and the North American Plate since it has been created by rifting, and accretion through volcanism, along the Mid-Atlantic Ridge—where the two plates meet.

Many fjords punctuate its 4,970 km-long coastline, which is also where most settlements are situated. The island's interior, the Highlands of Iceland, is a cold and uninhabitable combination of sand and mountains. The major towns are the capital of Reykjavík, along with its outlying towns of Kópavogur, Hafnarfjörður and Garðabær, Reykjanesbær, where the international airport is located, and Akureyri, in northern Iceland. The island of Grímsey on the Arctic Circle contains the northernmost habitation of Iceland. Iceland has three national parks: Vatnajökull National Park, Snæfellsjökull National Park, and Þingvellir National Park.

Climate

The climate of Iceland's coast is subpolar oceanic. The warm North Atlantic Current ensures generally higher annual temperatures than in most places of similar latitude in the world. Regions in the world with similar climate include the Aleutian Islands, the Alaska Peninsula, and Tierra del Fuego, although these regions are closer to the equator. Despite its proximity to the Arctic, the island's coasts remain ice-free through the winter. Ice incursions are rare, the last having occurred on the north coast in 1969.

There are some variations in the climate between different parts of the island. Generally speaking, the south coast is warmer, wetter and windier than the north. The Central Highlands are the coldest part of the country. Low-lying inland areas in the north are the most arid. Snowfall in winter is more common in the north than the south.

The highest air temperature recorded was 30.5 °C (86.9 °F) on 22 June 1939 at Teigarhorn on the southeastern coast. The lowest was −38 °C (−36.4 °F) on 22 January 1918 at Grímsstaðir and Möðrudalur in the northeastern hinterland. The temperature records for Reykjavík are 26.2 °C (79.2 °F) on 30 July 2008, and −24.5 °C (−12.1 °F) on 21 January 1918.

People & Society

Icelanders share a strong national identity, with few foreign residents. Their language has changed little in 700 years, in part due to the country's isolation. There is high social mobility, free health care, and low-cost heating (geothermal and hydropower). Iceland's recent banking collapse and near financial ruin has swung the long-running debate over EU membership in favor of joining.

The original population of Iceland was of Nordic and Gaelic origin. This is evident from literary evidence dating from the settlement period as well as from later scientific studies such as blood type and genetic analyses. One such genetics study has indicated that the majority of the male settlers were of Nordic origin while the majority of the women were of Gaelic origin.

Iceland has extensive genealogical records dating back to the late 17th century and fragmentary records extending back to the Age of Settlement. The biopharmaceutical company deCODE genetics has funded the creation of a genealogy database which attempts to cover all of Iceland's known inhabitants. It sees the database, called Íslendingabók, as a valuable tool for conducting research on genetic diseases, given the relative isolation of Iceland's population.

Icelandic culture has its roots in Norse traditions. Icelandic literature is popular, in particular the sagas and eddas which were written during the High and Late Middle Ages. Icelanders place relatively great importance on independence and self-sufficiency; in a European Commission public opinion analysis over 85% of Icelanders found independence to be "very important" contrasted with the EU25 average of 53%, and 47% for the Norwegians, and 49% for the Danes.

Some traditional beliefs remain today; for example, some Icelanders either believe in elves or are unwilling to rule out their existence.

Economy

In 2007, Iceland was the seventh most productive country in the world per capita (US$54,858), and the fifth most productive by GDP at purchasing power parity ($40,112). Except for its abundant hydroelectric and geothermal power, Iceland lacks natural resources; historically its economy depended heavily on fishing, which still provides 40% of export earnings and employs 7% of the work force. The economy is vulnerable to declining fish stocks and drops in world prices for its main material exports: fish and fish products, aluminium, and ferrosilicon. Whaling in Iceland has been historically significant. Iceland still relies heavily on fishing, but its importance is diminishing from an export share of 90% in the 1960s to 40% in 2006.

While Iceland is a highly developed country, until the 20th century it was among the poorest countries in Western Europe. However, strong economic growth has led Iceland to be ranked first in the United Nations' Human Development Index report for 2007/2008, and the 14th longest-living nation with a life expectancy at birth of 80.67 years. Many political parties remain opposed to EU membership, primarily due to Icelanders' concern about losing control over their natural resources.

The national currency of Iceland is the Icelandic króna (ISK). A poll, released on 5 March 2010, by Capacent Gallup showed that 31% of respondents were in favour of adopting the euro and 69% opposed. Iceland's economy has been diversifying into manufacturing and service industries in the last decade, including software production, biotechnology, and financial services. Despite the decision to resume commercial whale hunting in 2006, the tourism sector is expanding, with the recent trends in ecotourism and whale-watching. Iceland's agriculture industry consists mainly of potatoes, green vegetables (in greenhouses), mutton and dairy products. The financial centre is Borgartún in Reykjavík, hosting a large number of companies and three investment banks. Iceland's stock market, the Iceland Stock Exchange (ISE), was established in 1985.

Iceland ranked 5th in the Index of Economic Freedom 2006 and 14th in 2008. Iceland has a flat tax system. The main personal income tax rate is a flat 22.75% and combined with municipal taxes the total tax rate is not more than 35.72%, and there are many deductions. The corporate tax rate is a flat 18%, one of the lowest in the world. Other taxes include a value added tax; a net wealth tax was eliminated in 2006. Employment regulations are relatively flexible. Property rights are strong and Iceland is one of the few countries where they are applied to fishery management. Taxpayers pay various subsidies to each other, similar to European countries with welfare state, but the spending is less than in most European countries.

Despite low tax rates, agricultural assistance is the highest among OECD countries and a potential impediment to structural change. Also, health care and education spending have relatively poor return by OECD measures. OECD Economic survey of Iceland 2008 highlighted Iceland's challenges in currency and macroeconomic policy. There was a currency crisis that started in the spring of 2008, and on 6 October trading in Iceland's banks was suspended as the government battled to save the economy.

India

ASIA

India is the world's second most populous country and largest democracy. Despite some success in reducing the birth rate, its population will probably overtake China's by 2035.

OFFICIAL NAME: Republic of India
DATE OF FORMATION: 1947
CAPITAL: New Delhi
POPULATION: 1.2 billion
TOTAL AREA: 1,269,338 sq. miles (3,287,590 sq. km)
DENSITY: 1044 people per sq. mile
LANGUAGES: Hindi*, English*, Urdu, Bengali, Marathi, Telugu, Tamil, other
RELIGIONS: Hindu 81%, Muslim 13%, Christian 2%, Sikh 2%, other 2%
ETHNIC MIX: Indo-Aryan 72%, Dravidian 25%, Mongoloid and other 3%
GOVERNMENT: Parliamentary system
CURRENCY: Indian rupee = 100 paise

Geography

India, the major portion of the Indian subcontinent, lies atop the Indian tectonic plate, a minor plate within the Indo-Australian Plate. India's defining geological processes commenced seventy five million years ago when the Indian subcontinent, then part of the southern supercontinent Gondwana, began a northeastwards drift—lasting fifty million years—across the then unformed Indian Ocean. The subcontinent's subsequent collision with the Eurasian Plate and subduction under it gave rise to the Himalayas, the planet's highest mountains, which abut India in the north and the north-east. In the former seabed immediately south of the emerging Himalayas, plate movement created a vast trough which, having gradually been filled with river-borne sediment, now forms the Indo-Gangetic Plain. To the west lies the Thar Desert, which is cut off by the Aravalli Range.

The original Indian plate survives as peninsular India, the oldest and geologically most stable part of India and extends as far north as the Satpura and Vindhya ranges in central India. These parallel ranges run from the Arabian Sea coast in Gujarat in the west to the coal-rich Chota Nagpur Plateau in Jharkhand in the east. To the south the remaining peninsular landmass, the Deccan Plateau, is flanked on the west and east by the coastal ranges, Western Ghats and Eastern Ghats respectively; the plateau contains the oldest rock formations in India, some over one billion years old. Constituted in such fashion, India lies to the north of the equator between 6°44' and 35°30' north latitude and 68°7' and 97°25' east longitude.

India's coast is 7,517 kilometres (4,700 mi) long; of this distance, 5,423 kilometres (3,400 mi) belong to peninsular India and 2,094 kilometres (1,300 mi) to the Andaman, Nicobar, and Lakshadweep Islands. According to the Indian naval hydrographic charts, the mainland coast consists of the following: 43% sandy beaches, 11% rocky coast including cliffs, and 46% mudflats or marshy coast.

Major Himalayan-origin rivers that substantially flow through India include the Ganges (Ganga) and the Brahmaputra, both of which drain into the Bay of Bengal. Important tributaries of the Ganges include the Yamuna and the Kosi; the latter's extremely low gradient causes disastrous floods every year. Major peninsular rivers, whose steeper gradients prevent their waters from flooding, include the Godavari, the Mahanadi, the Kaveri, and the Krishna, which also drain into the Bay of Bengal; and the Narmada and the Tapti, which drain into the Arabian Sea. Among notable coastal features of India are the marshy Rann of Kutch in western India, and the alluvial Sundarbans delta, which India shares with Bangladesh. India has two archipelagos: the Lakshadweep, coral atolls off India's south-western coast; and the Andaman and Nicobar Islands, a volcanic chain in the Andaman Sea.

India's climate is strongly influenced by the Himalayas and the Thar Desert, both of which drive the monsoons. The Himalayas prevent cold Central Asian katabatic winds from blowing in, keeping the bulk of the Indian subcontinent warmer than most locations at similar latitudes. The Thar Desert plays a crucial role in attracting the moisture-laden southwest summer monsoon winds that, between June and October, provide the majority of India's rainfall. Four major climatic groupings predominate in India: tropical wet, tropical dry, subtropical humid, and montane.

Climate

Varies greatly according to latitude, altitude, and season. Most of India has three seasons: hot, wet, and cool. Summer temperatures in the north can reach 104°F (40°C). Monsoon rains normally break in June, petering out in September to October. In the cool season, the weather is mainly dry. The climate in the warmer south is less variable than in the north.

People & Society

India's planners, overseeing an economic revolution, see its growing population rather than environmental constraints as the main brake on development. Nationwide awareness campaigns promote birth control but cultural and religious pressures encourage large families. Rural deprivation spurs urban migration, to live in sprawling slums. Almost 70% of people survive on less than $2 a day. The majority of Indians are Hindu. Various attempts to reform the Hindu caste system, which determines social standing and even marriage, have met with violent opposition. Severe tensions exist between Hindus and the Muslim minority, especially in Kashmir and Gujarat. Smaller ethnic groups exist in the northeast, and many struggle for greater autonomy. Over two million people are living with HIV/AIDS.

India is home to two major language families: Indo-Aryan (spoken by about 74% of the population) and Dravidian (24%). Other languages spoken in India come from the Austro-Asiatic and Tibeto-Burman language families. India has no national language. Hindi, with the largest number of speakers, is the official language of the union. English is used extensively in business and administration and has the status of a "subsidiary official language"; it is important in education, especially as a medium of higher education. Every state and union territory has its own official languages, and the constitution recognises in particular 21 "scheduled languages". The Indian Constitution recognises 212 scheduled tribal groups which together constitute about 7.5% of the country's population. The 2001 census reported the religion in India with the largest number of followers was Hinduism, with over 800 million (80.5%) of the population recording it as their religion. Other religious groups include Muslims (13.4%), Christians (2.3%), Sikhs (1.9%), Buddhists (0.8%), Jains (0.4%), Jews, Zoroastrians, and Bahá'ís. India has the world's third-largest Muslim population and the largest Muslim population for a non-Muslim majority country.

Economy

According to the International Monetary Fund, India is the world's ninth-largest economy by market exchange rates, with US$1.632 trillion, and the fourth-largest by purchasing power parity (PPP), with US$4.06 trillion. With its average annual GDP growing at 5.8% for the past two decades, and at 10.4% during 2010, India is also one of the fastest growing economies in the world. However, the country ranks 138th in the world in nominal GDP per capita and 129th in GDP per capita at PPP.

Until 1991, all Indian governments followed protectionist policies that were influenced by socialist economics. Widespread state intervention and regulation caused the Indian economy to be largely closed to the outside world. After an acute balance of payments crisis in 1991, the nation liberalised its economy and has since continued to move towards a free-market system, emphasizing both foreign trade and investment. Consequently, India's economic model is now being described overall as capitalist.

With 467 million workers, India has the world's second largest labour force. The service sector makes up 54% of the GDP, the agricultural sector 28%, and the industrial sector 18%. Major agricultural products include rice, wheat, oilseed, cotton, jute, tea, sugarcane, and potatoes. Major industries include textiles, telecommunications, chemicals, food processing, steel, transport equipment, cement, mining, petroleum, machinery and software. By 2006, India's external trade had reached a relatively moderate proportion of GDP at 24%, up from 6% in 1985. In 2008, India's share of world trade was 1.68%; India was the world's fifteenth largest importer in 2009 and the eighteenth largest exporter. Major exports include petroleum products, textile goods, jewelry, software, engineering goods, chemicals, and leather manufactures. Major imports include crude oil, machinery, gems, fertiliser, chemicals.

Averaging an economic growth rate of 7.5% during the last few years, India has more than doubled its hourly wage rates during the last decade. Moreover, since 1985, India has moved 431 million of its citizens out of poverty, and by 2030, India's middle class numbers will grow to more than 580 million. Although ranking 51st in global competitiveness, India ranks 17th in financial market sophistication, 24th in the banking sector, 44th in business sophistication and 39th in innovation, ahead of several advanced economies. With 7 of the world's top 15 technology outsourcing companies based in India, the country is viewed as the second most favourable outsourcing destination after the United States. India's consumer market, currently the world's thirteenth largest, is expected to become fifth largest by 2030. Its telecommunication industry, the world's fastest growing, added 227 million subscribers during 2010–11. Its automobile industry, the world's second-fastest growing, increased domestic sales by 26% during 2009–10, and exports by 36% during 2008–09.

Despite impressive economic growth during recent decades, India continues to face socio-economic challenges. India contains the largest concentration of people living below the World Bank's international poverty line of $1.25/day, the proportion having decreased from 60% in 1981 to 42% in 2005. Half of the children in India are underweight, and 46% of children under the age of three suffer from malnutrition. Since 1991, economic inequality between India's states has consistently grown: the per capita net state domestic product of the richest states in 2007 was 3.2 times that of the poorest. Corruption in India is perceived to have increased significantly, with one report estimating the illegal capital flows since independence to be US$462 billion. Driven by growth, India's nominal GDP per capita has steadily increased from U$329 in 1991, when economic liberalization began, to US$1,265 in 2010, and is estimated to increase to US$2,110 by 2016; however, it has always remained lower than those of other Asian developing countries such as Indonesia, Iran, Malaysia, Philippines, Sri Lanka, and Thailand, and is expected to remain so in the near future.

According to a 2011 PwC report, India's GDP at purchasing power parity will overtake Japan's during 2011 and the United States by 2045. Moreover, during the next four decades, India's economy is expected to grow at an average of 8%, making the nation potentially the world's fastest growing major economy until 2050. The report also highlights some of the key factors behind high economic growth—a young and rapidly growing working age population; the growth of the manufacturing sector due to rising levels of education and engineering skills; and sustained growth of the consumer market because of a rapidly growing middle class. However, the World Bank cautions that for India to achieve its economic potential, it must continue to focus on public sector reform, transport infrastructure, agricultural and rural development, removal of labour regulations, education, energy security, and public health and nutrition.

Indonesia

ASIA

Formerly called the Dutch East Indies, Indonesia is the world's largest archipelago, with 18,108 islands scattered across 3000 miles (5000 km). It is the world's fourth most populous nation.

OFFICIAL NAME: Republic of Indonesia
DATE OF FORMATION: 1949
CAPITAL: Jakarta
POPULATION: 237 million
TOTAL AREA: 741,096 sq. miles (1,919,440 sq. km)
DENSITY: 332 people per sq. mile
LANGUAGES: Javanese, Sundanese, Madurese, Bahasa Indonesia*, Dutch
RELIGIONS: Sunni Muslim 87%, Christian 9%, Hindu 2%, other 2%
ETHNIC MIX: Javanese 42%, other 31%, Sundanese 15%, coastal Malays 12%
GOVERNMENT: Presidential system
CURRENCY: Rupiah = 100 sen

Geography

Indonesia lies between latitudes 11°S and 6°N, and longitudes 95°E and 141°E. It consists of 17,508 islands, about 6,000 of which are inhabited. These are scattered over both sides of the equator. The largest are Java, Sumatra, Borneo (shared with Brunei and Malaysia), New Guinea (shared with Papua New Guinea), and Sulawesi. Indonesia shares land borders with Malaysia on Borneo, Papua New Guinea on the island of New Guinea, and East Timor on the island of Timor. Indonesia shares maritime borders across narrow straits with Singapore, Malaysia, and the Philippines to the north, and with Australia to the south. The capital, Jakarta, is on Java and is the nation's largest city, followed by Surabaya, Bandung, Medan, and Semarang.

At 1,919,440 square kilometers (741,050 sq mi), Indonesia is the world's 16th-largest country in terms of land area. Its average population density is 134 people per square kilometer (347 per sq mi), 79th in the world, although Java, the world's most populous island, has a population density of 940 people per square kilometer (2,435 per sq mi). At 4,884 metres (16,024 ft), Puncak Jaya in Papua is Indonesia's highest peak, and Lake Toba in Sumatra its largest lake, with an area of 1,145 square kilometers (442 sq mi). The country's largest rivers are in Kalimantan, and include the Mahakam and Barito; such rivers are communication and transport links between the island's river settlements.

Indonesia's location on the edges of the Pacific, Eurasian, and Australian tectonic plates makes it the site of numerous volcanoes and frequent earthquakes. Indonesia has at least 150 active volcanoes, including Krakatoa and Tambora, both famous for their devastating eruptions in the 19th century. The eruption of the Toba supervolcano, approximately 70,000 years ago, was one of the largest eruptions ever, and a global catastrophe. Recent disasters due to seismic activity include the 2004 tsunami that killed an estimated 167,736 in northern Sumatra, and the Yogyakarta earthquake in 2006. However, volcanic ash is a major contributor to the high agricultural fertility that has historically sustained the high population densities of Java and Bali.

Lying along the equator, Indonesia has a tropical climate, with two distinct monsoonal wet and dry seasons. Average annual rainfall in the lowlands varies from 1,780–3,175 millimeters (70–125 in), and up to 6,100 millimeters (240 in) in mountainous regions. Mountainous areas—particularly in the west coast of Sumatra, West Java, Kalimantan, Sulawesi, and Papua—receive the highest rainfall. Humidity is generally high, averaging about 80%. Temperatures vary little throughout the year; the average daily temperature range of Jakarta is 26–30 °C (79–86 °F).

Climate

The climate is predominantly tropical monsoon. Variations relate mainly to differences in latitude and altitude; hilly areas are cooler overall. Rain falls throughout the year, often in thunderstorms, but there is a relatively dry season from June to September.

People & Society

The basic Melanesian–Malay ethnic division disguises a diverse society. Bahasa Indonesia, the national language, coexists with at least 250 other spoken languages or dialects. Attempts by the Javanese political elite to suppress local cultures have been vigorously opposed, especially by the Aceh of northern Sumatra, and the Papuans. Religious and interethnic hostility is a problem, with clashes between Christians and Muslims in many areas, and discrimination against ethnic Chinese leading to mob attacks on their businesses. Gender equality is enshrined in law; women are active in public life.

The official national language, Indonesian, a form of Malay, is universally taught in schools, and consequently is spoken by nearly every Indonesian. It is the language of business, politics, national media, education, and academia. It is based on the prestige dialect of Malay, that of the Johor-Riau Sultanate, which for centuries had been the lingua franca of the archipelago, standards of which are the official languages in Singapore, Malaysia and Brunei. It was promoted by Indonesian nationalists in the 1920s, and declared the official language under the name Bahasa Indonesia on the proclamation of independence in 1945. Most Indonesians speak at least one of the several hundred local languages and dialects, often as their first language. Of these, Javanese is the most widely spoken as the language of the largest ethnic group. On the other hand, Papua has over 270 indigenous Papuan and Austronesian languages, in a region of about 2.7 million people.

Economy

Indonesia has a mixed economy in which both the private sector and government play significant roles. The country is the largest economy in Southeast Asia and a member of the G-20 major economies. Indonesia's estimated gross domestic product (nominal), as of 2010 was US$706.73 billion with estimated nominal per capita GDP was US$3,015, and per capita GDP PPP was US$4,394 (international dollars). June 2011: At World Economic Forum on East Asia, Indonesian president said Indonesia will be in the top ten countries with the strongest economy within the next decade. The Gross domestic product (GDP) is almost Rp.1 trillion ($117.6 million) and the debt ratio to the GDP is 26 percent. The industry sector is the economy's largest and accounts for 46.4% of GDP (2010), this is followed by services (37.1%) and agriculture (16.5%). However, since 2010, service sector has employed more people than other sectors, accounting 48.9% of the total labor force, this has been followed by agriculture (38.3%) and industry (12.8%). Agriculture, however, had been the country's largest employer for centuries.

According to World Trade Organization data, Indonesia was the 27th biggest exporting country in the world in 2010, moving up three places from a year before. Indonesia's main export markets (2009) are Japan (17.28%), Singapore (11.29%), the United States (10.81%), and China (7.62%). The major suppliers of imports to Indonesia are Singapore (24.96%), China (12.52%), and Japan (8.92%). In 2005, Indonesia ran a trade surplus with export revenues of US$83.64 billion and import expenditure of US$62.02 billion. The country has extensive natural resources, including crude oil, natural gas, tin, copper, and gold. Indonesia's major imports include machinery and equipment, chemicals, fuels, and foodstuffs. And the country's major export commodities include oil and gas, electrical appliances, plywood, rubber, and textiles.

In the 1960s, the economy deteriorated drastically as a result of political instability, a young and inexperienced government, and economic nationalism, which resulted in severe poverty and hunger. By the time of Sukarno's downfall in the mid-1960s, the economy was in chaos with 1,000% annual inflation, shrinking export revenues, crumbling infrastructure, factories operating at minimal capacity, and negligible investment. Following President Sukarno's downfall in the mid-1960s, the New Order administration brought a degree of discipline to economic policy that quickly brought inflation down, stabilized the currency, rescheduled foreign debt, and attracted foreign aid and investment. (See Berkeley Mafia). Indonesia was until recently Southeast Asia's only member of OPEC, and the 1970s oil price raises provided an export revenue windfall that contributed to sustained high economic growth rates, averaging over 7% from 1968 to 1981. Following further reforms in the late 1980s, foreign investment flowed into Indonesia, particularly into the rapidly developing export-oriented manufacturing sector, and from 1989 to 1997, the Indonesian economy grew by an average of over 7%.

Indonesia was the country hardest hit by the Asian financial crisis of 1997–98. Against the US dollar, the rupiah dropped from about Rp. 2,600 to a low point of 14,000, and the economy shrank by 13.7%. The Rupiah stabilised in the Rp. 8,000 to 10,000 range, and a slow but significant economic recovery has ensued. However, political instability, slow economic reform, and corruption slowed the recovery. Transparency International, for example, has since ranked Indonesia below 100 in its Corruption Perceptions Index. Nevertheless, GDP growth averaged 5% between 2004 and 2006. The Growth, unfortunately, was not able to make a widely real impact toward unemployment and poverty, particularly due to the stagnant wages and rapid hikes in food, oil and gas price.Since 2007, however, with the improvement in banking sector and domestic consumption, the national economic growth has been 6% annually and this helped the country weather the 2008–2009 global recession. As of 2010, an estimated 13.3% of the population was living below poverty line, and the unemployment rate was 7.1%.

Iran

ASIA

Since the 1979 Islamic fundamentalist revolution led by Ayatollah Khomeini, the Middle Eastern country of Iran has been the world's largest theocracy.

OFFICIAL NAME: Islamic Republic of Iran
DATE OF FORMATION: 1502
CAPITAL: Tehran
POPULATION: 75.3 million
TOTAL AREA: 636,293 sq. miles (1,648,000 sq. km)
DENSITY: 117 people per sq. mile
LANGUAGES: Farsi*, Azeri, Luri, Gilaki, Mazanderani, Kurdish, Turkmen, Arabic
RELIGIONS: Shi'a Muslim 93%, Sunni Muslim 6%, other 1%
ETHNIC MIX: Persian 50%, Azari 24%, other 10%, Kurd 8%, Lur and Bakhtiari 8%
GOVERNMENT: Islamic theocracy
CURRENCY: Iranian rial = 100 dinars

Geography

Iran is the eighteenth largest country in the world, with an area of 1,648,000 km^2 (636,000 sq mi).

Its area roughly equals that of the United Kingdom, France, Spain, and Germany combined, or somewhat more than the US state of Alaska. Iran lies between latitudes 24° and 40° N, and longitudes 44° and 64° E. Its borders are with Azerbaijan (432 km/268 mi) and Armenia (35 km/22 mi) to the north-west; the Caspian Sea to the north; Turkmenistan (992 km/616 mi) to the north-east; Pakistan (909 km/565 mi) and Afghanistan (936 km/582 mi) to the east; Turkey (499 km/310 mi) and Iraq (1,458 km/906 mi) to the west; and finally the waters of the Persian Gulf and the Gulf of Oman to the south.

Iran consists of the Iranian plateau with the exception of the coasts of the Caspian Sea and Khuzestan. It is one of the world's most mountainous countries, its landscape dominated by rugged mountain ranges that separate various basins or plateaux from one another. The populous western part is the most mountainous, with ranges such as the Caucasus, Zagros and Alborz Mountains; the last contains Iran's highest point, Mount Damavand at 5,610 m (18,406 ft), which is also the highest mountain on the Eurasian landmass west of the Hindu Kush.

The northern part of Iran is covered by dense rain forests called Shomal or the Jungles of Iran. The eastern part consists mostly of desert basins such as the Dasht-e Kavir, Iran's largest desert, in the north-central portion of the country, and the Dasht-e Lut, in the east, as well as some salt lakes. This is because the mountain ranges are too high for rain clouds to reach these regions. The only large plains are found along the coast of the Caspian Sea and at the northern end of the Persian Gulf, where Iran borders the mouth of the Shatt al-Arab (or the Arvand Rūd) river. Smaller, discontinuous plains are found along the remaining coast of the Persian Gulf, the Strait of Hormuz and the Gulf of Oman.

Climate

Iran's climate ranges from arid or semiarid, to subtropical along the Caspian coast and the northern forests. On the northern edge of the country (the Caspian coastal plain) temperatures rarely fall below freezing and the area remains humid for the rest of the year. Summer temperatures rarely exceed 29 °C (84.2 °F). Annual precipitation is 680 mm (26.8 in) in the eastern part of the plain and more than 1,700 mm (66.9 in) in the western part.

To the west, settlements in the Zagros basin experience lower temperatures, severe winters with below zero average daily temperatures and heavy snowfall. The eastern and central basins are arid, with less than 200 mm (7.9 in) of rain, and have occasional deserts. Average summer temperatures exceed 38 °C (100.4 °F). The coastal plains of the Persian Gulf and Gulf of Oman in southern Iran have mild winters, and very humid and hot summers. The annual precipitation ranges from 135 to 355 mm (5.3 to 14.0 in).

People & Society

Many ethnic groups, including Persians, Azaris (ethnically related to Azeris), and Kurds. Militant Shi'a Islamism has dominated since the 1979 revolution. The mullahs' belief that adherence to religious values is more important than economic welfare has resulted in declining living standards. Female emancipation has been reversed. Student-backed demonstrations favoring greater liberalism have been suppressed.

The latter three minority religions are officially recognized and protected, and have reserved seats in the Majlis (Parliament). However the Bahá'í Faith, Iran's largest religious minority, is not officially recognized, and has been persecuted during its existence in Iran. Since the 1979 revolution the persecution of Bahá'ís has increased with executions, the denial of civil rights and liberties, and the denial of access to higher education and employment.

Economy

The economy of Iran is the eighteenth largest economy in the world by purchasing power parity (PPP). Iran's economy is a mixture of central planning, state ownership of oil and other large enterprises, village agriculture, and small-scale private trading and service ventures. Its economic infrastructure has been improving steadily over the past two decades but continues to be affected by inflation and unemployment. In the early 21st century the service sector contributed the largest percentage of the GDP, followed by industry (mining and manufacturing) and agriculture. In 2006, about 45% of the government's budget came from oil and natural gas revenues, and 31% came from taxes and fees.

Government spending contributed to an average annual inflation rate of 14% in the period 2000–2004. As at 2007, Iran had earned $70 billion in foreign exchange reserves mostly (80%) from crude oil exports. In 2009 GDP was $336 billion ($876 billion at PPP), or $12,900 at PPP per capita. In 2008, Iran's official annual growth rate was 6%. Because of these figures and the country's diversified but small industrial base, the United Nations classifies Iran's economy as semi-developed (1998).

Iran's automobile production crossed the 1 million mark in 2005. Iran Khodro is the largest car manufacturer in the Middle-East. It has established joint-ventures with foreign partners on 4 continents.

Close to 1.8% of national employment is generated in the tourism sector which is slated to increase to 10% in the next five years. About 1,659,000 foreign tourists visited Iran in 2004; most came from Asian countries, including the republics of Central Asia, while a small share came from the countries of the European Union and North America. Iran currently ranks 89th in tourist income, but is rated among the "10 most touristic countries" in the world in terms of its history. Weak advertising, unstable regional conditions, a poor public image in some parts of the world, and absence of efficient planning schemes in the tourism sector have all hindered the growth of tourism.

The administration continues to follow the market reform plans of the previous one and indicated that it will diversify Iran's oil-reliant economy. Iran has also developed a biotechnology, nanotechnology, and pharmaceuticals industry. The strong oil market since 1996 helped ease financial pressures on Iran and allowed for Tehran's timely debt service payments.

Iranian budget deficits have been a chronic problem, mostly due to large-scale state subsidies, that include foodstuffs and especially gasoline, totaling more than $84 billion in 2008 for the energy sector alone. In 2010, the economic reform plan was approved by parliament to cut subsidies gradually and replace them with targeted social assistance. The objective is to move towards free market prices in a 5-year period and increase productivity and social justice.

Over the past 15 years, the authorities have placed an emphasis on the local production of domestic-consumption oriented goods such as home appliances, cars, agricultural products, pharmaceutical, etc. Today, Iran possesses a good manufacturing industry, despite restrictions imposed by foreign countries. However, nationalized industries such as the bonyads have often been managed badly, making them ineffective and uncompetitive with years. Currently, the government is trying to privatize these industries, and, despite successes, there are still several problems to be overcome, such as the lagging corruption in the public sector and lack of competitiveness. Iran ranks 69th out of 139 in Global Competitiveness Report.

Iran has leading manufacture industry in the fields of car-manufacture and transportation, construction materials, home appliances, food and agricultural goods, armaments, pharmaceuticals, information technology, power and petrochemicals in the Middle East.

Iraq

ASIA

Oil-rich Iraq is situated in the central Middle East. The last 50 years have been dominated by dictatorship, war, and civil strife. A US-led Coalition ousted Saddam Hussein in April 2003.

OFFICIAL NAME: Republic of Iraq
DATE OF FORMATION: 1932
CAPITAL: Baghdad
POPULATION: 34.3 million
TOTAL AREA: 168,753 sq. miles (437,072 sq. km)
DENSITY: 182 people per sq. mile
LANGUAGES: Arabic*, Kurdish, Turkic languages, Armenian, Assyrian
RELIGIONS: Shi'a Muslim 60%, Sunni Muslim 35%, other 5%
ETHNIC MIX: Arab 80%, Kurdish 15%, Turkmen 3%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: New Iraqi dinar = 1000 fils

Geography

Iraq lies between latitudes 29° and 38° N, and longitudes 39° and 49° E (a small area lies west of 39°). Spanning 437,072 km^2 (168,754 sq mi), it is the 58th-largest country in the world. It is comparable in size to the US state of California, and somewhat larger than Paraguay.

Iraq mainly consists of desert, but near the two major rivers (Euphrates and Tigris) are fertile alluvial plains, as the rivers carry about 60,000,000 m3 (78,477,037 cu yd) of silt annually to the delta. The north of the country is mostly composed of mountains; the highest point being at 3,611 m (11,847 ft) point, unnamed on the map opposite, but known locally as Cheekah Dar (black tent). Iraq has a small coastline measuring 58 km (36 mi) along the Persian Gulf. Close to the coast and along the Shatt al-Arab (known as arvandrūd: اروندرود among Iranians) there used to be marshlands, but many were drained in the 1990s.

The local climate is mostly desert, with mild to cool winters and dry, hot, cloudless summers. The northern mountainous regions (Kurdistan region هه‌رێمی کوردستان) have cold winters with occasional heavy snows, sometimes causing extensive flooding.

With its 143.1 billion barrels (2.275×1010 m3) of proved oil reserves, Iraq ranks second in the world behind Saudi Arabia in the amount of Oil reserves; yet the United States Department of Energy estimates that up to 90% of the country remains unexplored. These regions could yield an additional 100 billion barrels (1.6×1010 m3). Iraq's oil production costs are among the lowest in the world, but only about 2,000 oil wells have been drilled in Iraq, compared with about 1 million wells in Texas alone.

Climate

Most of Iraq has a hot arid climate with subtropical influence. Summer temperatures average above 40 °C (104 °F) for most of the country and frequently exceed 48 °C (118.4 °F). Winter temperatures infrequently exceed 21 °C (69.8 °F) with maximums roughly 15 to 19 °C (59 to 66.2 °F) and night-time lows 2 to 5 °C (35.6 to 41 °F). Typically precipitation is low; most places receive less than 250 mm (9.8 in) annually, with maximum rainfall occurring during the winter months. Rainfall during the summer is extremely rare, except in the far north of the country.

People & Society

Carved out of remnants of the Ottoman Empire, Iraq is home to Arab Muslims (mainly Shi'a, some Sunni), northern Kurds (who were persecuted under Saddam's regime), and smaller minorities. Since Saddam's removal, sectarian violence has overshadowed the new democratic state. Now that security is improving, Coalition forces are pulling out. After years of war and sanctions, poverty is widespread.

Iraq is known primarily for its rich maqam heritage which has been passed down orally by the masters of the maqam in an unbroken chain of transmission leading up to the present. The maqam al-Iraqi is considered to be the most noble and perfect form of maqam. As the name implies, it is native to Iraq; it has been known for approximately four hundred years in Baghdad, Mosul and Kirkuk. It is performed by a singer (qari') and three instrumentalists playing santur (box zither), jawzah (rebab/spike fiddle), dumbek (goblet drum) and sometimes joined by a riqq (tambourine). Al-Chalghi al-Baghdadi is the name of the ensemble that performs this music, and al-maqam al-Iraqi is the collection of sung poems written either in one of the sixteen meters of classical Arabic or in Iraqi dialect (zuhayri). This form of art is recognized by UNESCO as "an intangible heritage of humanity". Unfortunately, due to the catastrophic invasion of the United States, this art form is being threatened with dwindling numbers of students and masters.

Iraq is also known for an instrument called the oud (similar to a lute) and a rebab (similar to a fiddle); its stars include Ahmed Mukhtar and Munir Bashir. Until the fall of Saddam Hussein, the most popular radio station was the Voice of Youth. It played a mix of western rock, hip hop and pop music, all of which had to be imported via Jordan due to international economic sanctions. Iraq has also produced a major pan-Arab pop star-in-exile in Kathem Al Saher. The folk songs of Iraqi Turkmens are also well known, and Abdurrahman Kızılay is a leading name.

Economy

Iraq's economy is dominated by the oil sector, which has traditionally provided about 95% of foreign exchange earnings. In the 1980s financial problems caused by massive expenditures in the eight-year war with Iran and damage to oil export facilities by Iran led the government to implement austerity measures, borrow heavily, and later reschedule foreign debt payments. Iraq suffered economic losses from the war of at least US$100 billion. After hostilities ended in 1988, oil exports gradually increased with the construction of new pipelines and restoration of damaged facilities. A combination of low oil prices, repayment of war debts (estimated at around US$3 billion a year) and the costs of reconstruction resulted in a serious financial crisis which was the main short term motivation for the invasion of Kuwait.

On November 20, 2004, the Paris Club of creditor nations agreed to write off 80% ($33 billion) of Iraq's $42 billion debt to Club members. Iraq's total external debt was around $120 billion at the time of the 2003 invasion, and had grown another $5 billion by 2004. The debt relief will be implemented in three stages: two of 30% each and one of 20%.

At the end of 2005, and in the first half of 2006, Iraq implemented a restructuring of about $20 billion of commercial debt claims on terms comparable to that of its November 2004 Paris Club agreement (i.e. with an 80% writeoff). Iraq offered to its larger claimants a U.S. dollar denominated bond maturing in 2028. Smaller commercial claimants received a cash settlement of comparable value.

Iraq has proven oil reserves of 143.1 billion barrels, the world's 2nd largest. Iraq's oil production is only about 2.5 million barrels per day. On June 30 and December 11, 2009, the Iraqi ministry of oil awarded service contracts to international oil companies for some of Iraq's many oil fields.Oil fields contracted include the "super-giant" Majnoon Field, Halfaya Field, West Qurna Field and Rumaila Field.

In February 2011, Citigroup included Iraq in a group of countries which it described as 'Global Growth Generators', that it argued will enjoy significant economic growth in the future.

A major benchmark for international assistance was the Madrid Conference on Reconstruction held in Spain October 23–24, 2003 and attended by representatives over 25 nations. Funds assembled at this conference and from other sources have been administered by the United Nations and the World Bank. This assistance has primarily funded large-scale projects.

United Nations Assistance Mission for Iraq focuses on implementing the International Compact with Iraq, to aid economic and political development in Iraq.

Researcher at the Overseas Development Institute have documented the challenges faced by international NGOs in carrying out their mission, leaving them unable to adequately address the humanitarian challenges in Iraq, leaving NGOs' assistance "piecemeal and largely conducted undercover, hindered by insecurity, a lack of coordinated funding, limited operational capacity and patchy information". International NGOs neutrality is argued to have been compromised due to their sudden surge in activity after the 2003 invasion of Iraq, funding by the governments of the multinational force and due to the protection provided by private security contractors and the multinational force. Thus, they have been targeted and during the first 5 years, 94 aid workers were killed, 248 injured, 24 arrested or detained and 89 kidnapped or abducted.

Ireland

EUROPE

In the Atlantic Ocean off the west coast of Britain, the Irish Republic governs about 85% of the island of Ireland, with the remainder (Northern Ireland) being part of the UK.

OFFICIAL NAME: Republic of Ireland
DATE OF FORMATION: 1922
CAPITAL: Dublin
POPULATION: 4.58 million
TOTAL AREA: 27,135 sq. miles (70,280 sq. km)
DENSITY: 170 people per sq. mile
LANGUAGES: English*, Irish Gaelic*
RELIGIONS: Roman Catholic 88%, other and nonreligious 9%, Anglican 3%
ETHNIC MIX: Irish 99%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

The Republic of Ireland extends over an area of approximately five-sixths (70,273 km^2/27,133 sq mi) of the island of Ireland (84,421 km^2/32,595 sq mi), with Northern Ireland constituting the remainder. It is bounded to the north and west by the Atlantic Ocean and to the northeast by the North Channel. To the east, the Irish Sea connects to the Atlantic Ocean via St George's Channel and the Celtic Sea to the southwest.

The western landscape mostly consists of rugged cliffs, hills and mountains. The central lowlands are extensively covered with glacial deposits of clay and sand, as well as significant areas of bogland and several lakes. The highest point is Carrauntoohil (1,038 m/3,406 ft), located in the Macgillycuddy's Reeks mountain range in the southwest. The River Shannon, which traverses the central lowlands, is the longest river in Ireland at 386 km in length. The west coast is more rugged than the east, with numerous islands, peninsulas, headlands and bays.

Preceding the arrival of the first settlers in Ireland approximately 9,000 years ago, the landscape was extensively covered by forests of oak, ash, elm, hazel, yew, and other native trees. The growth of blanket bog and the extensive clearing of woodland to facilitate farming are believed to be the main causes of deforestation during the subsequent centuries. Today, approximately 12% of Ireland is forested, of which a significant majority is composed of mainly non-native coniferous plantations for commercial use. Ideal soil conditions, high rainfall and a mild climate give Ireland the highest growth rates for forests in Europe. Hedgerows, which are traditionally used to define land boundaries, are an important substitute for woodland habitat, providing refuge for native wild flora and a wide range of insect, bird and mammal species.

Agriculture accounts for approximately 64% of the total land area. This has resulted in limited land to preserve natural habitats, in particular for larger wild mammals with greater territorial requirements. The long history of agricultural production coupled with modern agricultural methods, such as pesticide and fertiliser use, has placed pressure on biodiversity.

Climate

The Atlantic Ocean and the warming influence of the Gulf Stream affect weather patterns in Ireland. Temperatures differ regionally, with central and eastern areas tending to be more extreme. However, due to a temperate oceanic climate, temperatures are seldom lower than −3 °C (27 °F) in winter or higher than 22 °C (72 °F) in summer. The highest temperature recorded in Ireland was 33.3 °C (91.9 °F) on 26 June 1987 at Kilkenny Castle in Kilkenny, while the lowest temperature recorded was −19.1 °C (−2.4 °F) at Markree Castle in Sligo. Rainfall is more prevalent during winter months and less so during the early months of summer. Western areas experience the most rainfall as a result of south westerly winds, while Dublin receives the least. Sunshine duration is highest in the southeast of the country. The far north and west are two of the windiest regions in Europe, with great potential for wind energy generation.

People & Society

Though homogeneous in ethnicity and Roman Catholic by religion, society has undergone a major generational change, liberalizing birth control, divorce, abortion, and general attitudes. Traditionally an emigrant nation, there is now net immigration. The Good Friday peace agreement over Northern Ireland was reached in 1998.

Ireland has made a significant contribution to world literature in both the English and Irish languages. Modern Irish fiction began with the publishing of the 1726 novel Gulliver's Travels by Jonathan Swift. Other writers of importance during the 18th century and their most notable works include Laurence Sterne with the publication of The Life and Opinions of Tristram Shandy, Gentleman and Oliver Goldsmith's The Vicar of Wakefield. Numerous Irish novelists emerged during the 19th century, including Maria Edgeworth, John Banim, Gerald Griffin, Charles Kickham, William Carleton, George Moore, and Somerville and Ross. Bram Stoker is best known as the author of the 1897 novel Dracula.

Economy

The Irish economy has transformed since the 1980s from being predominantly agricultural to a modern knowledge economy focused on high technology industries and services. Ireland adopted the euro currency in 2002 along with eleven other EU member states. The country is heavily reliant on Foreign Direct Investment and has attracted several multinational corporations due to a highly educated workforce and a low corporation tax rate. Companies such as Intel invested in Ireland during the late 1980s, later followed by Microsoft and Google. Ireland is ranked as the world's seventh most economically free economy in the world according to the Index of Economic Freedom. In terms of GDP per capita, Ireland is one of the wealthiest countries in the OECD and EU. However, the country ranks below the OECD average in terms of GNP per capita. GDP is significantly greater than GNP due to the large amount of multinational corporations based in Ireland.

Beginning in the early 1990s, the country experienced unprecedented economic growth fuelled by a dramatic rise in consumer spending, construction and investment, which became known as the Celtic Tiger period. The pace of growth slowed during 2007 and led to the burst of a major property bubble which had developed over time. The dramatic fall in property prices has highlighted the over-exposure of the economy to construction, and has contributed to the ongoing Irish banking crisis. Ireland officially entered a recession in 2008 following consecutive months of economic contraction. The economy contracted by −1.7% in 2008, −7.1% in 2009 and −1% in 2010. The country officially exited recession in 2010, which was helped by a strong growth in exports of 6.9% during the first quarter. However, due to a significant rise in the cost of borrowing and bank recapitalisation, Ireland accepted an €85 billion programme of assistance from the EU, International Monetary Fund (IMF) and bilateral loans from the United Kingdom, Sweden and Denmark. Some forecasts predict Ireland to grow by 0.9% in 2011 and 2.2% in 2012. However, economic forecasting has proven highly unreliable in the country during this turbulent period and it is not uncommon for figures to be revised on an almost monthly basis.

Although multinational corporations dominate Ireland's export sector, exports contribute significantly to the national income. The country is one of the largest exporters of pharmaceutical and software-related goods and services in the world, the seventh largest producer of zinc concentrates, and the twelfth largest producer of lead concentrates. The country also has significant deposits of gypsum, limestone, and smaller quantities of copper, silver, gold, barite, and dolomite. Other exports include agri-food, cattle, beef, dairy products, and aluminum. Ireland's major imports include data processing equipment, chemicals, petroleum and petroleum products, textiles, and clothing. The difference between exports (€89.4 billion) and imports (€45.5 billion) resulted an annual trade surplus of €43.9 billion in 2010, which is the highest trade surplus relative to GDP achieved by any EU member state. The EU is by far the country's largest trading partner, accounting for 57.9% of exports and 60.7% of imports. The United Kingdom is the most important trading partner within the EU, accounting for 15.4% of exports and 32.1% of imports. Outside the EU, the United States accounted for 23.2% of exports and 14.1% of imports in 2010.

ESB, Bord Gáis and Airtricity are the three main electricity and gas suppliers in Ireland. Natural gas extraction occurs at the Kinsale Head and Corrib gas fields in the southern and western counties, where there is 19.82 billion cubic metres of proven reserves. There have been significant efforts to increase the use of renewable and sustainable forms of energy in Ireland, particularly in wind power, with a large number wind farms being constructed along coastal areas.

Israel

ASIA

Created as a new state in 1948, Israel lies on the eastern Mediterranean. The current phase of the Palestinian intifada (armed struggle) against Israeli occupation began in 2000.

OFFICIAL NAME: State of Israel
DATE OF FORMATION: 1948
CAPITAL: Jerusalem (unrecognized by UN)
POPULATION: 7.79 million
TOTAL AREA: 8019 sq. miles (20,770 sq. km)
DENSITY: 913 people per sq. mile
LANGUAGES: Hebrew*, Arabic*, Yiddish, German, Russian, Polish, other
RELIGIONS: Jewish 76%, Muslim (mainly Sunni) 16%, other 6%, Christian 2%
ETHNIC MIX: Jewish 76%, other (mostly Arab) 24%
GOVERNMENT: Parliamentary system
CURRENCY: Shekel = 100 agorot

Geography

Israel is located at the eastern end of the Mediterranean Sea, bounded by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It lies between latitudes 29° and 34° N, and longitudes 34° and 36° E.

The sovereign territory of Israel, excluding all territories captured by Israel during the 1967 Six-Day War, is approximately 20,770 square kilometers (8,019 sq mi) in area, of which two percent is water. The total area under Israeli law, when including East Jerusalem and the Golan Heights, is 22,072 square kilometers (8,522 sq mi), and the total area under Israeli control, including the military-controlled and partially Palestinian-governed territory of the West Bank, is 27,799 square kilometers (10,733 sq mi). Despite its small size, Israel is home to a variety of geographic features, from the Negev desert in the south to the mountain ranges of the Galilee, Carmel and toward the Golan in the north. The Israeli Coastal Plain on the shores of the Mediterranean is home to seventy percent of the nation's population. East of the central highlands lies the Jordan Rift Valley, which forms a small part of the 6,500-kilometer (4,039 mi) Great Rift Valley.

The Jordan River runs along the Jordan Rift Valley, from Mount Hermon through the Hulah Valley and the Sea of Galilee to the Dead Sea, the lowest point on the surface of the Earth. Further south is the Arabah, ending with the Gulf of Eilat, part of the Red Sea. Unique to Israel and the Sinai Peninsula are makhteshim, or erosion cirques. The largest makhtesh in the world is Ramon Crater in the Negev, which measures 40 by 8 kilometers (25 by 5 mi). A report on the environmental status of the Mediterranean basin states that Israel has the largest number of plant species per square meter of all the countries in the basin.

There are 2,867 known species of plants found in Israel. Of these, at least 253 species are introduced and non-native. As of May 2007, there are 190 Israeli nature reserves.

Climate

Temperatures in Israel vary widely, especially during the winter. The more mountainous regions can be windy, cold, and sometimes snowy; Jerusalem usually receives at least one snowfall each year. Meanwhile, coastal cities, such as Tel Aviv and Haifa, have a typical Mediterranean climate with cool, rainy winters and long, hot summers. The area of Beersheba and the Northern Negev has a semi-arid climate with hot summers, and cool winter but with fewer rainy than the Mediterranean climate. The Southern Negev and the Arava areas have Desert climate with very hot and dry summers, and mild winters with few days of rain. The highest temperature in the continent of Asia (53.7 °C/128.7 °F) was recorded in 1942 at Tirat Zvi kibbutz in the northern Jordan river valley.

From May to September, rain in Israel is rare. With scarce water resources, Israel has developed various water-saving technologies, including drip irrigation. Israelis also take advantage of the considerable sunlight available for solar energy, making Israel the leading nation in solar energy use per capita (practically every house uses solar panels for water heating).

Four different phytogeographic regions exist in Israel, due to the country's location between the temperate and the tropical zones, bordering the Mediterranean Sea in the west and the desert in the east. For this reason the flora and fauna of Israel is extremely diverse.

People & Society

Large numbers of Jews settled in Palestine before Israel was founded in 1948. After World War II, there was a massive increase in immigration. Sephardi Jews from the Middle East and Mediterranean are now in the majority, but Ashkenazi Jews from central Europe still dominate business and politics. Palestinians in Gaza and Jericho gained limited autonomy in 1994 but their desire, backed by most of the world, for a separate state has led to years of fierce violence.

Israel was established as a homeland for the Jewish people and is often referred to as a Jewish state. The country's Law of Return grants all Jews and those of Jewish lineage the right to Israeli citizenship. Just over three quarters, or 75.5%, of the population are Jews from a diversity of Jewish backgrounds. Approximately 68% of Israeli Jews are Israeli-born, 22% are immigrants from Europe and the Americas, and 10% are immigrants from Asia and Africa (including the Arab World). Jews who left or fled Arab and Muslim lands and their descendants, known as Mizrahi or Sephardi Jews, constitute approximately 50% of Jewish Israelis. Jews from Eastern Europe and the former Soviet Union and their Israeli-born descendants, or Ashkenazi Jews, form most of the rest of the Jewish population.

Economy

Israel is considered one of the most advanced countries in Southwest Asia in economic and industrial development. In 2010, it joined the OECD. The country is ranked 3rd in the region on the World Bank's Ease of Doing Business Index as well as in the World Economic Forum's Global Competitiveness Report. It has the second-largest number of startup companies in the world (after the United States) and the largest number of NASDAQ-listed companies outside North America.

In 2010, Israel had the 42nd-highest gross domestic product and 27th-highest gross domestic product per capita (at purchasing power parity) at $213.1 billion and $29,531, respectively.

In 2010, Israel ranked 17th among of the world's most economically developed nations, according to IMD's World Competitiveness Yearbook. The Israeli economy was ranked first as the world's most durable economy in the face of crises, and was also ranked first in the rate of research and development center investments.

The Bank of Israel was ranked first among central banks for its efficient functioning, up from the 8th place in 2009. Israel was also ranked as the worldwide leader in its supply of skilled manpower.

Despite limited natural resources, intensive development of the agricultural and industrial sectors over the past decades has made Israel largely self-sufficient in food production, apart from grains and beef. Other major imports to Israel, totaling $47.8 billion in 2006, include fossil fuels, raw materials, and military equipment. Leading exports include fruits, vegetables, pharmaceuticals, software, chemicals, military technology, and diamonds; in 2006, Israeli exports reached $42.86 billion.

Israel is a global leader in water conservation and geothermal energy, and its development of cutting-edge technologies in software, communications and the life sciences have evoked comparisons with Silicon Valley. According to the OECD, Israel is also ranked 1st in the world in expenditure on Research and Development (R&D) as a percentage of GDP. Inteland Microsoft built their first overseas research and development centers in Israel, and other high-tech multi-national corporations, such as IBM, Cisco Systems, and Motorola, have opened facilities in the country. In July 2007, U.S. billionaire Warren Buffett's Berkshire Hathaway bought an Israeli company Iscar, its first non-U.S. acquisition, for $4 billion. Since the 1970s, Israel has received military aid from the United States, as well as economic assistance in the form of loan guarantees, which now account for roughly half of Israel's external debt. Israel has one of the lowest external debts in the developed world, and is a net lender in terms of net external debt (the total value of assets vs. liabilities in debt instruments owed abroad), which as of June 2009 stood at a surplus of US$54 billion.

Tourism, especially religious tourism, is an important industry in Israel, with the country's temperate climate, beaches, archaeological and historical sites, and unique geography also drawing tourists. Israel's security problems have taken their toll on the industry, but the number of incoming tourists is on the rebound. In 2008, over 3 million tourists visited Israel. Israel has the highest number of museums per capita in the world

Italy

EUROPE

The Italian peninsula was home to the Roman Empire, one of the greatest ancient civilizations. The south has two famous volcanoes, Vesuvius and Etna.

OFFICIAL NAME: Italian Republic
DATE OF FORMATION: 1861
CAPITAL: Rome
POPULATION: 60.6 million
TOTAL AREA: 116,305 sq. miles (301,230 sq. km)
DENSITY: 527 people per sq. mile
LANGUAGES: Italian*, German, French, Rhaeto-Romanic, Sardinian
RELIGIONS: Roman Catholic 85%, other and nonreligious 13%, Muslim 2%
ETHNIC MIX: Italian 94%, other 4%, Sardinian 2%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Italy is located in Southern Europe and comprises the boot-shaped Italian Peninsula and a number of islands including the two largest, Sicily and Sardinia. It lies between latitudes 35° and 47° N, and longitudes 6° and 19° E. Although the country occupies the Italian peninsula and most of the southern Alpine basin, some of Italy's territory extends beyond the Alpine basin and some islands are located outside the Eurasian continental shelf. These territories are the comuni of: Livigno, Sexten, Innichen, Toblach (in part), Chiusaforte, Tarvisio, Graun im Vinschgau (in part), which are all part of the Danube's drainage basin, while the Val di Lei constitutes part of the Rhine's basin and the island comune of Lampedusa e Linosa is on the African continental shelf.

The country's total area is 301,230 km², of which 294,020 km² is land and 7,210 km² is water. Including the islands, Italy has a coastline and border of 7,600 km on the Adriatic, Ionian, Tyrrhenian seas (740 km), and borders shared with France (488 km), Austria (430 km), Slovenia (232 km) and Switzerland; San Marino (39 km) and Vatican City (3.2 km), both enclaves, account for the remainder.

The Apennine Mountains form the peninsula's backbone and the Alps form its northern boundary, where Italy's highest point is located on Mont Blanc (4,810 m/15,782 ft).The Po, Italy's longest river (652 km/405 mi), flows from the Alps on the western border with France and crosses the Padan plain on its way to the Adriatic Sea. The five largest lakes are, in order of diminishing size: Garda (367.94 km^2/142 sq mi), Maggiore (212.51 km^2/82 sq mi), Como (145.9 km^2/56 sq mi), Trasimeno (124.29 km^2/48 sq mi) and Bolsena (113.55 km^2/44 sq mi).

The country is situated at the meeting point of the Eurasian Plate and the African Plate, leading to considerable seismic and volcanic activity. There are 14 volcanoes in Italy, three of which are active: Etna (the traditional site of Vulcan's smithy), Stromboli and Vesuvius. Vesuvius is the only active volcano in mainland Europe and is most famous for the destruction of Pompeii and Herculanum. Several islands and hills have been created by volcanic activity, and there is still a large active caldera, the Campi Flegrei north-west of Naples.

Climate

The climate of Italy is highly diverse and can be far from the stereotypical Mediterranean climate, depending on location. Most of the inland northern regions of Italy, for example Piedmont, Lombardy and Emilia-Romagna, have a climate variously described as humid continental or temperate. Adriana Rigutti (in Meteorologia, Giunti 2005) states that the climate of the "Po valley region [is] continental ... with harsh winters and hot summers". The coastal areas of Liguria and most of the peninsula south of Florence generally fit the Mediterranean stereotype (Köppen climate classification Csa). Conditions on peninsular coastal areas can be very different from the interior's higher ground and valleys, particularly during the winter months when the higher altitudes tend to be cold, wet, and often snowy. The coastal regions have mild winters and warm and generally dry summers, although lowland valleys can be quite hot in summer.

People & Society

Ethnically homogeneous, but with a gulf between the prosperous, industrial north and the poorer, agricultural south. Strong regional identities persist, especially on Sicily and Sardinia. Family ties remain strong, though the influence of the Roman Catholic Church has lessened.

Italy has the fourth-largest population in the European Union and the 23rd-largest population worldwide. The population density, at over 200 persons per square kilometre (over 500/sq mi), is the fifth highest in the European Union. The highest density is in Northern Italy, as that one-third of the country contains almost half of the total population.

After World War II, Italy enjoyed a prolonged economic boom which caused a major rural exodus to the cities, and at the same time transformed the nation from a massive emigration country to a net immigrant-receiving country. High fertility persisted until the 1970s, when it plunged below the replacement rates, so that as of 2008, one in five Italians was over 65 years old. Despite this, thanks mainly to the massive immigration of the last two decades, in the first decade of the 21st century, Italy experienced a growth in the crude birth rate (especially in the northern regions) for the first time in many years. The total fertility rate has also significantly grown in the past few years, thanks to rising births among both in foreign-born and Italian women, as it climbed from an all-time minimum of 1.18 children per woman in 1995 to 1.41 in 2008.

Economy

Italy has a free market economy characterized by high per capita GDP and low unemployment rates. In 2010, it was the eighth-largest economy in the world and the fourth-largest in Europe in terms of nominal GDP, and the tenth-largest economy in the world and fifth-largest in Europe in terms of PPP. It is a founding member of the G8, the Eurozone and the OECD. It is a founding member of the G8, the Eurozone and the OECD.

After World War II, Italy was rapidly transformed from an agriculture based economy into one of the world's most industrialized nations and a leading country in world trade and exports. It is a developed country, with the world's 8th highest quality of life and the 23rd Human Development Index. In spite of the recent global economic crisis, Italian per capita GDP at purchasing power parity remains approximately equal to the EU average, while the unemployment rate (8.5%) stands as one of the EU's lowest. The country is well known for its influential and innovative business economic sector, an industrious and competitive agricultural sector (Italy is the world's largest wine producer), and for its creative and high-quality automobile, industrial, appliance and fashion design.

Italy has a smaller number of global multinational corporations than other economies of comparable size, but there is a large number of small and medium-sized enterprises, notoriously clustered in several industrial districts, which are the backbone of the Italian industry. This has produced a manufacturing sector often focused on the export of niche market and luxury products, that if on one side is less capable to compete on the quantity, on the other side is more capable of facing the competition from China and other emerging Asian economies based on lower labour costs, with higher quality products. The country was the world's 7th largest exporter in 2009. Italy's closest trade ties are with the other countries of the European Union, with whom it conducts about 59% of its total trade. Its largest EU trade partners, in order of market share, are Germany (12.9%), France (11.4%), and Spain (7.4%). Finally, tourism is one of the fastest growing and profitable sectors of the national economy: with 43.6 million international tourist arrivals and total receipts estimated at $38.8 billion in 2010, Italy is both the fifth most visited country and highest tourism earner in the world.

Despite these important achievements, the Italian economy today suffers from many and relevant problems. After a strong GDP growth of 5–6% per year from the 1950s to the early 1970s, and a progressive slowdown in the 1980s and 1990s, the last decade's average annual growth rates poorly performed at 1.23% in comparison to an average EU annual growth rate of 2.28%. The stagnation in economic growth, and the political efforts to revive it with massive government spending from the 1980s onwards, eventually produced a severe rise in public debt. According to the EU's statistics body Eurostat, Italian public debt stood at 116% of GDP in 2010, ranking as the second biggest debt ratio after Greece (with 126.8%). However, the biggest chunk of Italian public debt is owned by national subjects, a major difference between Italy and Greece. In addition, Italian living standards have a considerable north-south divide. The average GDP per capita in the north exceeds by far the EU average, whilst many regions of Southern Italy are dramatically below. Italy has often been referred the sick man of Europe, characterised by economic stagnation, political instability and problems in pursuing reform programs.

More specifically, Italy suffers from structural weaknesses due to its geographical conformation and the lack of raw materials and energy resources: in 2006 the country imported more than 86% of its total energy consumption (99.7% of the solid fuels, 92.5% of oil, 91.2% of natural gas and 15% of electricity).The Italian economy is weakened by the lack of infrastructure development, market reforms and research investment, and also high public deficit. In the Index of Economic Freedom 2008, the country ranked 64th in the world and 29th in Europe, the lowest rating in the Eurozone. Italy still receives development assistance from the European Union every year. Between 2000 and 2006, Italy received €27.4 billion from the EU. The country has an inefficient state bureaucracy, low property rights protection and high levels of corruption, heavy taxation and public spending that accounts for about half of the national GDP. In addition, the most recent data show that Italy's spending in R&D in 2006 was equal to 1.14% of GDP, below the EU average of 1.84% and the Lisbon Strategy target of devoting 3% of GDP to research and development activities. Finally, organized crime is also a strong contributing factor in Italy's economic weakness.

Jamaica

NORTH & CENTRAL AMERICA

First colonized by the Spanish and then by the English, the Caribbean island of Jamaica achieved independence in 1962. It remains an influential force in Caribbean politics.

OFFICIAL NAME: Jamaica
DATE OF FORMATION: 1962
CAPITAL: Kingston
POPULATION: 2.84 million
TOTAL AREA: 4243 sq. miles (10,990 sq. km)
DENSITY: 650 people per sq. mile
LANGUAGES: English Creole, English*
RELIGIONS: Protestant 55%, other and nonreligious 45%
ETHNIC MIX: Black African 92%, Mulatto 6%, European and Chinese 1%, East Indian 1%
GOVERNMENT: Parliamentary system
CURRENCY: Jamaican dollar = 100 cents

Geography

Jamaica is the third largest island in the Caribbean. It lies between latitudes 17° and 19°N, and longitudes 76° and 79°W. The island is home to the Blue Mountains inland and is surrounded by a narrow coastal plain. Chief towns and cities include the capital Kingston, Portmore, Spanish Town, Mandeville, Ocho Ríos, Port Antonio, Negril, and Montego Bay. Jamaica is also home to the seventh largest natural harbour in the world, Kingston Harbour. There are several tourist attractions scattered across the country, including Dunn's River Falls in St. Ann, YS Falls in St. Elizabeth, the Blue Lagoon in Portland, and Port Royal, which was the site of an earthquake that helped form the island's Palisadoes.

The climate in Jamaica is tropical, with hot and humid weather, although higher inland regions are more temperate. Some regions on the south coast, such as the Liguanea Plain and the Pedro Plains, are relatively dry rain-shadow areas. Jamaica lies in the hurricane belt of the Atlantic Ocean and because of this, the island sometimes experiences significant storm damage. Hurricanes Charlie and Gilbert hit Jamaica directly in 1951 and 1988, respectively, causing major damage and many deaths. In the 2000s, hurricanes Ivan, Dean, and Gustav also brought severe weather to the island.

Climate

Tropical. Hot and humid at sea level, with temperate mountain areas. Hurricanes are likely June–November.

People & Society

Social tensions result from vast disparities in wealth, rather than race. Economic and political life is dominated by a few wealthy, long-established families. Many women hold senior positions in public life. Armed crime, much of it narcotics-related, is a problem. Large areas of Kingston, which have their own patois, are ruled by violent gangs. Jamaican music styles are influential worldwide.

Many Jamaicans have emigrated to other countries, especially to the United Kingdom, the United States, and to Canada. In the case of the United States, about 20,000 Jamaicans per year are granted permanent residence. The great number of Jamaicans living abroad has become known as the Jamaican diaspora. There has also been emigration of Jamaicans to Cuba. The scale of emigration has been widespread and similar to other Caribbean entities such as Puerto Rico, Guyana, and The Bahamas. It is estimated that up to 2.5 million Jamaicans and Jamaican descendants live abroad. An estimated 60% of the highly educated people of Jamaica now live abroad.

Concentrations of expatriate Jamaicans are large in a number of cities in the United States, including New York City, Buffalo, the Miami metro area, Atlanta, Chicago, Orlando, Tampa, Washington, D.C., Philadelphia, Hartford, Providence and Los Angeles. Jamaicans in the United Kingdom number an estimated 800,000 making them by far the country's largest African-Caribbean group. Large scale migration from Jamaica to the UK occurred primarily in the 1950s and 1960s (when the country was still under British rule), nowadays Jamaican communities exist in most large UK cities. In Canada, the Jamaican population is centred in Toronto, and there are smaller communities in cities such as Hamilton, Montreal, Vancouver and Ottawa.

Economy

Jamaica is a mixed economy with both state enterprises and private sector businesses. Major sectors of the Jamaican economy include agriculture, mining, manufacturing, tourism, and financial and insurance services. Tourism and mining are the leading earners of foreign exchange. Half the Jamaican economy relies on services, with half of its income coming from services such as tourism. An estimated 1.3 million foreign tourists visit Jamaica every year.

Supported by multilateral financial institutions, Jamaica has, since the early 1980s, sought to implement structural reforms aimed at fostering private sector activity and increasing the role of market forces in resource allocation. Since 1991, the government has followed a programme of economic liberalization and stabilization by removing exchange controls, floating the exchange rate, cutting tariffs, stabilising the Jamaican currency, reducing inflation and removing restrictions on foreign investment. Emphasis has been placed on maintaining strict fiscal discipline, greater openness to trade and financial flows, market liberalisation and reduction in the size of government. During this period, a large share of the economy was returned to private sector ownership through divestment and privatisation programmes.

The macroeconomic stabilisation programme introduced in 1991, which focused on tight fiscal and monetary policies, has contributed to a controlled reduction in the rate of inflation. The annual inflation rate decreased from a high of 80.2% in 1991 to 7.9% in 1998. Inflation for FY1998/99 was 6.2% compared to 7.2% in the corresponding period in CUU1997/98. The Government of Jamaica remains committed to lowering inflation, with a long-term objective of bringing it in line with that of its major trading partners.

After a period of steady growth from 1985 to 1995, real GDP decreased by 1.8% and 2.4% in 1996 and 1997, respectively. The decrease in GDP in 1996 and 1997 was largely due to significant problems in the financial sector and, in 1997, a severe island-wide drought (the worst in 70 years) that drastically reduced agricultural production. In 1997, nominal GDP was approximately J$220,556.2 million (US$6,198.9 million based on the average annual exchange rate of the period).

The economy in 1997 was marked by low levels of import growth, high levels of private capital inflows and relative stability in the foreign exchange market.

Recent economic performance shows the Jamaican economy is recovering. Agricultural production, an important engine of growth increased 15.3% in third quarter of 1998 compared to the corresponding period in 1997, signaling the first positive growth rate in the sector since January 1997. Bauxite and alumina production increased 5.5% from January to December, 1998 compared to the corresponding period in 1997. January's bauxite production recorded a 7.1% increase relative to January 1998 and continued expansion of alumina production through 2009 is planned by Alcoa. Tourism, which is the largest foreign exchange earner, showed improvement as well. In the third quarter of 1998, growth in tourist arrivals accelerated with an overall increase of 8.5% in tourism earnings in 1998 when compared to the corresponding period in 1997. Jamaica's agricultural exports are sugar, bananas, coffee, rum,and yams.

Jamaica is the fifth largest exporter of bauxite in the world, behind Australia, China, Brazil and Guinea.

Jamaica has a wide variety of industrial and commercial activities. The aviation industry is able to perform most routine aircraft maintenance, except for heavy structural repairs. There is a considerable amount of technical support for transport and agricultural aviation. Jamaica has a considerable amount of industrial engineering, light manufacturing, including metal fabrication, metal roofing, and furniture manufacturing. Food and beverage processing, glassware manufacturing, computer software and data processing, printing and publishing, insurance underwriting, music and recording, and advanced education activities can be found in the larger urban areas. The Jamaican construction industry is entirely self-sufficient, with professional technical standards and guidance.

Since the first quarter of 2006, the economy of Jamaica has undergone a period of staunch growth. With inflation for the 2006 calendar year down to 6.0% and unemployment down to 8.9%, the nominal GDP grew by an unprecedented 2.9%. An investment programme in island transportation and utility infrastructure and gains in the tourism, mining, and service sectors all contributed this figure. All projections for 2007 show an even higher potential for economic growth with all estimates over 3.0% and hampered only by urban crime and public policies.

In 2006, Jamaica became part of the CARICOM Single Market and Economy (CSME) as one of the pioneering members.

The global economic downturn had a significant impact on the Jamaican economy for the years 2007 to 2009, resulting in negative economic growth. The government implemented a new Debt Management Initiative, the Jamaica Debt Exchange (JDX) on January 14, 2010. The initiative would see holders of Government of Jamaica (GOJ) bonds returning the high interest earning instruments for bonds with lower yields and longer maturities.The offer was taken up by over 95% of local financial institutions and was deemed a success by the government. Owing to the success of the JDX program, the Bruce Golding-led government was successful in entering into a borrowing arrangement with the IMF on Ferbruary 4,2010 for the amount of US$1.27b. The loan agreement is for a period of three years.

Japan

ASIA

Japan is located off the east Asian coast and comprises four principal islands and over 3000 smaller ones. A powerful economy, it has an emperor as ceremonial head of state.

OFFICIAL NAME: Japan
DATE OF FORMATION: 1590
CAPITAL: Tokyo
POPULATION: 127 million
TOTAL AREA: 145,882 sq. miles (377,835 sq. km)
DENSITY: 875 people per sq. mile
LANGUAGES: Japanese*, Korean, Chinese
RELIGIONS: Shinto and Buddhist 76%, Buddhist 16%, other (including Christian) 8%
ETHNIC MIX: Japanese 99%, other (mainly Korean) 1%
GOVERNMENT: Parliamentary system
CURRENCY: Yen = 100 sen

Geography

Japan has a total of 6,852 islands extending along the Pacific coast of Asia. The country, including all of the islands it controls, lies between latitudes 24° and 46°N, and longitudes 122° and 146°E. The main islands, from north to south, are Hokkaidō, Honshū, Shikoku and Kyūshū. The Ryūkyū Islands, including Okinawa, are a chain to the south of Kyūshū. Together they are often known as the Japanese Archipelago. About 73 percent of Japan is forested, mountainous, and unsuitable for agricultural, industrial, or residential use. As a result, the habitable zones, mainly located in coastal areas, have extremely high population densities. Japan is one of the most densely populated countries in the world.

The islands of Japan are located in a volcanic zone on the Pacific Ring of Fire. They are primarily the result of large oceanic movements occurring over hundreds of millions of years from the mid-Silurian to the Pleistocene as a result of the subduction of the Philippine Sea Plate beneath the continental Amurian Plate and Okinawa Plate to the south, and subduction of the Pacific Plate under the Okhotsk Plate to the north. Japan was originally attached to the eastern coast of the Eurasian continent. The subducting plates pulled Japan eastward, opening the Sea of Japan around 15 million years ago. Japan has 108 active volcanoes. Destructive earthquakes, often resulting in tsunami, occur several times each century. The 1923 Tokyo earthquake killed over 140,000 people. More recent major quakes are the 1995 Great Hanshin earthquake and the 2011 Tōhoku earthquake, a 9.0-magnitude quake which hit Japan on March 11, 2011, and triggered a large tsunami.

Climate

The climate of Japan is predominantly temperate, but varies greatly from north to south. Japan's geographical features divide it into six principal climatic zones: Hokkaidō, Sea of Japan, Central Highland, Seto Inland Sea, Pacific Ocean, and Ryūkyū Islands. The northernmost zone, Hokkaido, has a temperate climate with long, cold winters and cool summers. Precipitation is not heavy, but the islands usually develop deep snowbanks in the winter. In the Sea of Japan zone on Honshū's west coast, northwest winter winds bring heavy snowfall. In the summer, the region is cooler than the Pacific area, though it sometimes experiences extremely hot temperatures because of the foehn wind. The Central Highland has a typical inland climate, with large temperature differences between summer and winter, and between day and night; precipitation is light. The mountains of the Chūgoku and Shikoku regions shelter the Seto Inland Sea from seasonal winds, bringing mild weather year-round. The Pacific coast experiences cold winters with little snowfall and hot, humid summers because of the southeast seasonal wind. The Ryukyu Islands have a subtropical climate, with warm winters and hot summers. Precipitation is very heavy, especially during the rainy season.

The average winter temperature in Japan is 5.1 °C (41.2 °F) and the average summer temperature is 25.2 °C (77.4 °F). The highest temperature ever measured in Japan—40.9 °C (105.6 °F)—was recorded on August 16, 2007. The main rainy season begins in early May in Okinawa, and the rain front gradually moves north until reaching Hokkaidō in late July. In most of Honshū, the rainy season begins before the middle of June and lasts about six weeks. In late summer and early autumn, typhoons often bring heavy rain.

People & Society

One of the most racially homogeneous societies in the world. A sense of order and social structure was founded on a strongly ingrained respect for elders and social superiors. In business, this underpinned the now much-diluted "lifetime employer" concept, where company allegiance determined social life as well as career. There is little tradition of generational rebellion, but the youth market is powerful and current fashions focus on teenagers. The education system is highly
pressurized. Nongraduates have difficulty reaching management-level jobs, so competition for university places is intense. Long-term jobs for women are now the norm. One of the world's best healthcare systems and increased longevity have led to an aging population, with one in five people already over 65. The cost of living is high, especially in Tokyo.

Japanese culture has evolved greatly from its origins. Contemporary culture combines influences from Asia, Europe and North America. Traditional Japanese arts include crafts such as ceramics, textiles, lacquerware, swords and dolls; performances of bunraku, kabuki, noh, dance, and rakugo; and other practices, the tea ceremony, ikebana, martial arts, calligraphy, origami, onsen, Geisha and games. Japan has a developed system for the protection and promotion of both tangible and intangible Cultural Properties and National Treasures. Sixteen sites have been inscribed on the UNESCO World Heritage List.

Economy

Some of the structural features for Japan's economic growth developed in the Edo period, such as the network of transport routes, by road and water, and the futures contracts, banking and insurance of the Osaka rice brokers. During the Meiji period from 1868, Japan expanded economically with the embrace of the market economy. Many of today's enterprises were founded at the time, and Japan emerged as the most developed nation in Asia. The period of overall real economic growth from the 1960s to the 1980s has been called the Japanese post-war economic miracle: it averaged 7.5 percent in the 1960s and 1970s, and 3.2 percent in the 1980s and early 1990s. Growth slowed markedly in the 1990s during what the Japanese call the Lost Decade, largely because of the after-effects of the Japanese asset price bubble and domestic policies intended to wring speculative excesses from the stock and real estate markets. Government efforts to revive economic growth met with little success and were further hampered by the global slowdown in 2000. The economy showed strong signs of recovery after 2005; GDP growth for that year was 2.8 percent, surpassing the growth rates of the US and European Union during the same period.

As of 2010, Japan is the third largest national economy in the world, after the United States and China, in terms of both nominal GDP and purchasing power parity. As of January 2011, Japan's public debt was more than 200 percent of its annual gross domestic product, the largest of any nation in the world. In August 2011, Moody's rating has cut Japan's long-term sovereign debt rating one notch from Aa3 to Aa2 inline with the size of the country's deficit and borrowing level. The large budget deficits and government debt since the 2009 global recession and followed by eartquake and tsunami in March 2011 made the rating downgrade. The service sector accounts for three quarters of the gross domestic product. Japan has a large industrial capacity, and is home to some of the largest and most technologically advanced producers of motor vehicles, electronics, machine tools, steel and nonferrous metals, ships, chemical substances, textiles, and processed foods. Agricultural businesses in Japan cultivate 13 percent of Japan's land, and Japan accounts for nearly 15 percent of the global fish catch, second only to China. As of 2010, Japan's labor force consisted of some 65.9 million workers. Japan has a low unemployment rate of around four percent. Almost one in six Japanese, or 20 million people, lived in poverty in 2007. Housing in Japan is characterized by limited land supply in urban areas.

Japan's exports amounted to US$4,210 per capita in 2005. Japan's main export markets are China (18.88 percent), the United States (16.42 percent), South Korea (8.13 percent), Taiwan (6.27 percent) and Hong Kong (5.49 percent) as of 2009. Its main exports are transportation equipment, motor vehicles, electronics, electrical machinery and chemicals. Japan's main import markets as of 2009 are China (22.2 percent), the US (10.96 percent), Australia (6.29 percent), Saudi Arabia (5.29 percent), United Arab Emirates (4.12 percent), South Korea (3.98 percent) and Indonesia (3.95 percent). Its main imports are machinery and equipment, fossil fuels, foodstuffs (in particular beef), chemicals, textiles and raw materials for its industries. By market share measures, domestic markets are the least open of any OECD country. Junichiro Koizumi's administration began some pro-competition reforms, and foreign investment in Japan has soared.

Japan ranks 12th of 178 countries in the 2008 Ease of Doing Business Index and has one of the smallest tax revenues of the developed world. The Japanese variant of capitalism has many distinct features: keiretsu enterprises are influential, and lifetime employment and seniority-based career advancement are relatively common in the Japanese work environment. Japanese companies are known for management methods like "The Toyota Way", and shareholder activism is rare. Some of the largest enterprises in Japan include Toyota, Nintendo, NTT DoCoMo, Canon, Honda, Takeda Pharmaceutical, Sony, Panasonic, Toshiba, Sharp, Nippon Steel, Nippon Oil, and Seven & I Holdings Co. It has some of the world's largest banks, and the Tokyo Stock Exchange (known for its Nikkei 225 and Topix indices) stands as the second largest in the world by market capitalization. Japan is home to 326 companies from the Forbes Global 2000 or 16.3 percent (as of 2006).

Jordan

ASIA

The Kingdom of Jordan lies east of Israel, and borders the Palestinian West Bank. Its relations with its Arab neighbors are troubled by its relatively close ties to the US.

OFFICIAL NAME: Hashemite Kingdom of Jordan
DATE OF FORMATION: 1946
CAPITAL: Amman
POPULATION: 6.4 million
TOTAL AREA: 35,637 sq. miles (92,300 sq. km)
DENSITY: 184 people per sq. mile
LANGUAGES: Arabic
RELIGIONS: Muslim (mainly Sunni) 92%, other (mostly Christian) 8%
ETHNIC MIX: Arab 98%, Circassian 1%, Armenian 1%
GOVERNMENT: Monarchy
CURRENCY: Jordanian dinar = 1000 fils

Geography

Jordan lies between latitudes 29° and 34° N, and longitudes 35° and 40° E (a small area lies west of 35°). It consists of arid plateau in the east irrigated by oasis and seasonal water streams, with highland area in the west of arable land and Mediterranean evergreen forestry.

The Great Rift Valley of the Jordan River separates Jordan, the west bank and Israel. The highest point in the country is Jabal Umm al Dami, it is 1,854 m (6,083 ft) above sea level, its top is also covered with snow, while the lowest is the Dead Sea −420 m (−1,378 ft). Jordan is part of a region considered to be "the cradle of civilization", the Levant region of the Fertile Crescent.

Major cities include the capital Amman and as-Salt in the west, Irbid, Jerash and Zarqa, in the northwest and Madaba, Karak and Aqaba in the southwest. Major towns in the eastern part of the of the country are the oasis town of Azraq and Ruwaished.

Climate

The major characteristic of the climate is the contrast between a relatively rainy season from November to April and very dry weather for the rest of the year. With hot, dry, uniform summers and cool, variable winters during which practically all of the precipitation occurs, the country has a Mediterranean-style climate. In general, the farther inland from the Mediterranean Sea a given part of the country lies, the greater are the seasonal contrasts in temperature and the less rainfall. Atmospheric pressures during the summer months are relatively uniform, whereas the winter months bring a succession of marked low pressure areas and accompanying cold fronts. These cyclonic disturbances generally move eastward from over the Mediterranean Sea several times a month and result in sporadic precipitation.

Most of the East Bank receives less than 120 millimeters (4.7 in) of rain a year and may be classified as a dry desert or steppe region. Where the ground rises to form the highlands east of the Jordan Valley, precipitation increases to around 300 millimeters (11.8 in) in the south and 500 millimeters (19.7 in) or more in the north. The Jordan Valley, lying in the lee of high ground on the West Bank, forms a narrow climatic zone that annually receives up to 300 millimeters (11.8 in) of rain in the northern reaches; rain dwindles to less than 120 millimeters (4.7 in) at the head of the Dead Sea.

The country's long summer reaches a peak during August. January is usually the coolest month. The fairly wide ranges of temperature during a twenty-four-hour period are greatest during the summer months and have a tendency to increase with higher elevation and distance from the Mediterranean seacoast. Daytime temperatures during the summer months frequently exceed 36 °C (96.8 °F) and average about 32 °C (89.6 °F). In contrast, the winter months—November to April—bring moderately cool and sometimes cold weather, averaging about 13 °C (55.4 °F). Except in the rift depression, frost is fairly common during the winter, it may take the form of snow at the higher elevations of the north western highlands. Usually it snows a couple of times a year in western Amman.

For a month or so before and after the summer dry season, hot, dry air from the desert, drawn by low pressure, produces strong winds from the south or southeast that sometimes reach gale force. Known in the Middle East by various names, including the khamsin, this dry, sirocco-style wind is usually accompanied by great dust clouds. Its onset is heralded by a hazy sky, a falling barometer, and a drop in relative humidity to about 10 percent. Within a few hours there may be a 10 °F (5.56 °C) to 15 °F (8.33 °C) rise in temperature. These windstorms ordinarily last a day or so, cause much discomfort, and destroy crops by desiccating them.

The shamal, another wind of some significance, comes from the north or northwest, generally at intervals between June and September. Remarkably steady during daytime hours but becoming a breeze at night, the shammal may blow for as long as nine days out of ten and then repeat the process. It originates as a dry continental mass of polar air that is warmed as it passes over the Eurasian landmass. The dryness allows intense heating of the Earth's surface by the sun, resulting in high daytime temperatures that moderate after sunset.

People & Society

Jordan is predominantly Muslim with a strong national identity, but its people have Bedouin roots. There is a Christian minority, while Palestinians who have emigrated from Israeli-occupied territory make up a third of the population. Jordan ceded its claim to the West Bank to the aspiring Palestinian state in 1988. The monarchy's power base lies among the rural tribes, which also provide the backbone of the military.

Jordan's Arab population mainly consists of Jordanians, Palestinians and Iraqis. In addition, there are sizable immigrant communities from Egypt, Syria and Lebanon residing in Jordan. Of the non-Arab population which comprises 2% to 5% of Jordan's population, most are Circassians, Chechens, Armenians, Turkmans, and Romanis, all of which have maintained separate ethnic identities, but have integrated into mainstream Jordanian culture. Also, Jordan is home to a relatively large American and European expatriate population concentrated mainly in the capital as the city is home to many international organizations and diplomatic missions that base their regional operations in Amman. Since the Iraq War many Christians (Assyrians/Chaldeans) from Iraq have settled permanently or temporarily in Jordan. They could number as many as 500,000.

Economy

Jordan is a small country with limited natural resources. The country is currently exploring ways to expand its limited water supply and use its existing water resources more efficiently, including through the good regional cooperation it has with Israel. The country depends on external sources for the majority of its energy requirements. During the 1990s, its crude petroleum needs were met through imports from Iraq and neighboring countries. Since early 2003, oil has been provided by some Gulf Cooperation Council member countries. In addition, the Arab Gas Pipeline from Egypt to the southern port city of Aqaba was completed in 2003. The government plans to extend this pipeline north to the Amman area and beyond.

Since King Abdullah II's accession to the throne in 1999, liberal economic policies have been introduced which has resulted in a boom lasting for a decade continuing even through 2009. Jordan is the 4th freest economy in the Middle East and North Africa, beating traditionally free economies like Israel, the United Arab Emirates and Lebanon. Jordan's developed and modern banking sector is becoming the investment destination of choice due to its conservative bank policies that helped Jordan escape the worst of the global financial crisis of 2009. With instability across the region in Iraq and Lebanon, Jordan is emerging as the "business capital of the Levant" and "the next Beirut". Jordan's economy has been growing at an annual rate of 7% for a decade. Jordan's economy is undergoing a major shift from an aid-dependent, rentier economy to one of the most robust, open and competitive economies in the region. In recent years, there has been shift to knowledge-intensive industries, i.e ICT, and a rapidly growing trade sector benefiting from regional instability.

Jordan has more free trade agreements than any other Arab country. Jordan has FTA's with the United States, Canada, Singapore, Malaysia, the European Union, Tunisia, Algeria, Libya, Iraq, Turkey and Syria. More FTA's are planned with the Palestinian Authority, the GCC, Lebanon, and Pakistan. Jordan is a member of the Greater Arab Free Trade Agreement, the Euro-Mediterranean free trade agreement, and the Agadir Agreement. Increased investment and exports are the main sources of Jordan's growth. Continued close integration into the European Union and GCC markets will reap vast economic rewards for the Kingdom in the coming years. However, the main obstacles to Jordan's economy are scarce water supplies, complete reliance on oil imports for energy, and regional instability.

Rapid privatization of previously state-controlled industries and liberalization of the economy is spurring unprecedented growth in Jordan's urban centers like Amman and especially Aqaba. Jordan has six special economic zones that attract significant amount of investment amounting in the billions: Aqaba, Mafraq, Ma'an, Ajloun, the Dead Sea, and Irbid. Jordan also has a plethora of industrial zones producing goods in the textile, aerospace, defense, ICT, pharmaceutical, and cosmetic sectors.

The Free Trade Agreement (FTA) with the United States that went into effect in December 2001 will phase out duties on nearly all goods and services by 2010. The agreement also provides for more open markets in communications, construction, finance, health, transportation, and services, as well as strict application of international standards for the protection of intellectual property. In 1996, Jordan and the United States signed a civil aviation agreement that provides for open skies between the two countries, and a U.S.-Jordan treaty for the protection and encouragement of bilateral investment entered into force in 2003. Jordan has been a member of the World Trade Organization since 2000.

In the 2000 Competitive Industrial Performance (CIP) Index, Jordan ranked as the third most industrialized economy in the Middle East and North Africa, behind Turkey and Kuwait. Jordan was in the upper bracket of nations scored by the CIP index. In the 2009 Global Trade Enabling Report, Jordan ranked 4th in the Arab World behind the UAE, Bahrain, and Qatar. The report analyzes the country's market access, the country's transport and communications infrastructure, border administration, and the business environment of the country Textile and clothing exports from Jordan to the United States shot up 2,000% from 2000 to 2005, following introduction of the FTA. According to the National Labor Committee, a U.S.-based NGO (Non-Governmental Organization), Jordan has experienced sharp increases in sweatshop conditions in its export-oriented manufacturing sector.

The proportion of skilled workers in Jordan is among the highest in the region. The services sector dominates the Jordanian economy. Tourism is a rapidly growing industry in Jordan with revenues over one billion. Industries such as pharmaceuticals are emerging as very profitable products in Jordan. The Real Estate economy and construction sectors continue to flourish with mass amounts of investments pouring in from the Persian Gulf and Europe. Foreign Direct Investment is in the billions. The stock market capitalization of Jordan is worth nearly $40 billion.

Jordan is classified by the World Bank as an "upper middle income country." Per-capita GDP was approximately US$5,100 for 2007 and 14.5% of the economically active population, on average, was unemployed in 2003. Education and literacy rates and measures of social well-being are very high compared to other countries with similar incomes. Jordan's population growth rate is high, but has declined in recent years, to approximately 2.8% currently. One of the most important factors in the government's efforts to improve the well-being of its citizens is the macroeconomic stability that has been achieved since the 1990s. However, unemployment rates remain high, with the official figure standing at 12.5%, and the unofficial around 30%. The currency has been stable with an exchange rate fixed to the U.S. dollar since 1995.

Jordan is pinning its hopes on tourism, future uranium and oil shale exports, trade, and ICT for future economic growth.

Amman was ranked as the Arab World's most expensive city in 2006 by the Economist Intelligence Unit, beating Dubai. In 2009, Amman ranked as the 4th most expensive city in the Arab World, behind Dubai, Abu Dhabi, and Beirut.

Jordan is an importer of low skilled and semi-skilled laborers from Egypt, South Asia, Indonesia, Syria, and the Philippines. There are a range of estimates of the size of the migrant workforce in Jordan from conservative estimates of 300,000 foreign workers to almost one million foreigners working in Jordan. They constitute about 20–30% of the labor force in Jordan and they are consistently cited when discussing Jordan's chronic unemployment problem. These migrant workers often work in construction, the textile factories in Jordan's Qualified Industrial Zones, municipal maintenance services, and as domestic workers. Recently, these migrant workers were incorporated into the Kingdom's labor laws giving them a wide range of benefits and rights and access to legal protection, the first Arab country to do so.

In relation to the population size, Jordan is also one of the largest suppliers of skilled labour and human capital in the world. An estimated 600,000 Jordanians or one fourth of the labour force are earning their living in foreign countries working primarily in high paying white-collar jobs. Between 1968 and 2003, the accumulated net number of emmigrants amounted to over 1.1 million persons. Most of the skilled labor that left Jordan emigrated on a temporary basis to the oil producing Persian Gulf states. Since the mid 1970s, migrants' remittances are Jordan's most important source of foreign exchange, and a decisive factor in the country's economic development and the rising standard of living of the population.

Jordan has the headquarters of several large-scale global corporations despite its small size. Some of these include Arab Bank, Aramex, Maktoob, and Kurdi Group. Since 2009, there are 2 Jordanian companies listed in the Forbes Global 2000 list, Arab Bank (Rank 708) and Arab Potash (Rank 1964). In addition, Jordan has several billionaires as well like Ziad Manasir and Eyhab Jumean.

Kazakhstan

ASIA

Kazakhstan was the last of the former Soviet republics to declare independence. Foreign investment in the oil and natural gas sector is strengthening its regional power.

OFFICIAL NAME: Republic of Kazakhstan
DATE OF FORMATION: 1991
CAPITAL: Astana
POPULATION: 16.6 million
TOTAL AREA: 1,049,150 sq. miles (2,717,300 sq. km)
DENSITY: 15 people per sq. mile
LANGUAGES: Kazakh*, Russian, Ukrainian, Tatar, Uzbek, Uighur, other
RELIGIONS: Muslim (mainly Sunni) 47%, Orthodox Christian 44%, other 9%
ETHNIC MIX: Kazakh 57%, Russian 27%, other 10%, Ukrainian 3%, Uzbek 3%
GOVERNMENT: Presidential system
CURRENCY: Tenge = 100 tiyn

Geography

With an area of 2,700,000 square kilometres (1,000,000 sq mi), Kazakhstan is the ninth-largest country and the largest landlocked country in the world. It is equivalent to the size of Western Europe. In the Soviet Union period, Kazakhstan lost some of its territory to China's Xinjiang and some to Uzbekistan's Karakalpakstan. It shares borders of 6,846 kilometres (4,254 mi) with Russia, 2,203 kilometres (1,369 mi) with Uzbekistan, 1,533 kilometres (953 mi) with China, 1,051 kilometres (653 mi) with Kyrgyzstan, and 379 kilometres (235 mi) with Turkmenistan. Major cities include Astana, Almaty, Karagandy, Shymkent, Atyrau and Oskemen. It lies between latitudes 40° and 56° N, and longitudes 46° and 88° E. While located primarily in Asia, a small portion of Kazakhstan is also located west of the Urals in Eastern Europe.

The terrain extends west to east from the Caspian Sea to the Altay Mountains and north to south from the plains of Western Siberia to the oases and deserts of Central Asia. The Kazakh Steppe (plain), with an area of around 804,500 square kilometres (310,600 sq mi), occupies one-third of the country and is the world's largest dry steppe region. The steppe is characterized by large areas of grasslands and sandy regions. Important rivers and lakes include: the Aral Sea, Ili River, Irtysh River, Ishim River, Ural River, Syr Darya, Charyn River and gorge, Lake Balkhash and Lake Zaysan.

The Charyn Canyon is 150–300 metres deep and 80 kilometres (50 mi) long, cutting through the red sandstone plateau and stretching along the Charyn River gorge in northern Tian Shan ("Heavenly Mountains", 200 km east of Almaty) at 43°21′1.16″N 79°4′49.28″E. The steep canyon slopes, columns and arches rise to heights of 150–300 metres. The inaccessibility of the canyon provided a safe haven for a rare ash tree that survived the Ice Age and is now also grown in some other areas. Bigach crater is a Pliocene or Miocene asteroid impact crater, 8|km in diameter and estimated at 5 ±3 million years old at 48°30′N 82°00′E.

Climate

Dry continental. Temperature variations between desert south and northern steppes are large. Winters are mildest near the Caspian Sea.

People & Society

Kazakhstan's ethnic diversity arose mainly from forced settlements there during Soviet times. Since independence, the proportion of ethnic Russians has dropped. Many emigrated, while ethnic Kazakhs arrived from neighboring states. Very few Kazakhs maintain a traditional nomadic lifestyle, but Islam and loyalty to clans remain strong. There are significant disparities of wealth.

Kazakhstan is a bilingual country: the Kazakh language, spoken by 64.4% of the population, has the status of the "state" language, while Russian, which is spoken by almost all Kazakhstanis, is declared the "official" language, and is used routinely in business. English gained its popularity among the youth since the collapse of USSR.

The 1990s were marked by the emigration of many of the country's Russians and Volga Germans, a process that began in the 1970s. This has made indigenous Kazakhs the largest ethnic group. Additional factors in the increase in the Kazakh population are higher birthrates and immigration of ethnic Kazakhs from the People's Republic of China, Mongolia, and Russia.

In the early 21st century, Kazakhstan has become one of the leading nations in international adoptions. This has recently sparked some criticism in the Parliament of Kazakhstan, due to the concerns about safety and treatment of the children abroad and the questions regarding the low level of population in Kazakhstan.

Economy

Buoyed by high world crude oil prices, GDP growth figures were in 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007 and 2008: 9.8%, 13.5%, 9.8%, 9.3%, 9.6%, 9.7%, 10.7%, 8.9% and 3.2% respectively. Other major exports of Kazakhstan include wheat, textiles, and livestock. Kazakhstan predicted that it would become a leading exporter of uranium by 2010, which has indeed come true.

GDP in 2010 has grown on 1.1% Inflation. 2005 – 7.6%, 2006 – 8.6%, 2007 – 18.8%, 2008 – 9.5%, 2009 – 6.2%.

Since 2002, Kazakhstan has sought to manage strong inflows of foreign currency without sparking inflation. Inflation has not been under strict control, however, registering 6.6% in 2002, 6.8% in 2003, and 6.4% in 2004.

In 2000, Kazakhstan became the first former Soviet republic to repay all of its debt to the International Monetary Fund (IMF), 7 years ahead of schedule. In March 2002, the U.S. Department of Commerce granted Kazakhstan market economy status under U.S. trade law. This change in status recognized substantive market economy reforms in the areas of currency convertibility, wage rate determination, openness to foreign investment, and government control over the means of production and allocation of resources.

In September 2002, Kazakhstan became the first country in the CIS to receive an investment grade credit rating from a major international credit rating agency. As of late December 2003, Kazakhstan's gross foreign debt was about $22.9 billion. Total governmental debt was $4.2 billion, 14% of GDP. There has been a noticeable reduction in the ratio of debt to GDP. The ratio of total governmental debt to GDP in 2000 was 21.7%; in 2001, it was 17.5%, and in 2002, it was 15.4%.

Economic growth, combined with earlier tax and financial sector reforms, has dramatically improved government finance from the 1999 budget deficit level of 3.5% of GDP to a deficit of 1.2% of GDP in 2003. Government revenues grew from 19.8% of GDP in 1999 to 22.6% of GDP in 2001, but decreased to 16.2% of GDP in 2003. In 2000, Kazakhstan adopted a new tax code in an effort to consolidate these gains.

On November 29, 2003, the Law on Changes to Tax Code which reduced tax rates was adopted. The value added tax fell from 16% to 15%, the social tax, from 21% to 20%, and the personal income tax, from 30% to 20%. On July 7, 2006, the personal income tax was reduced even further to a flat rate of 5% for personal income in the form of dividends and 10% for other personal income. Kazakhstan furthered its reforms by adopting a new land code on June 20, 2003, and a new customs code on April 5, 2003.

Energy is the leading economic sector. Production of crude oil and natural gas condensate from the oil and gas basins of Kazakhstan amounted to 51.2 million tons in 2003, up 8.6% from the production in 2002. Kazakhstan raised oil and gas condensate exports to 44.3 million tons in 2003, 13% higher than in 2002. Gas production in Kazakhstan in 2003 amounted to 13.9 billion cubic meters (491 billion cu. ft), up 22.7% compared to 2002, including natural gas production of 7.3 billion cubic meters (258 billion cu. ft).

Kazakhstan holds about 4 billion tons of proven recoverable oil reserves and 2,000 cubic kilometers (480 cu mi) of gas. According to industry analysts, expansion of oil production and the development of new fields will enable the country to produce as much as 3 million barrels (480,000 m3) per day by 2015, and Kazakhstan would be among the top 10 oil-producing nations in the world. Kazakhstan's oil exports in 2003 were valued at more than $7 billion, representing 65% of overall exports and 24% of the GDP. Major oil and gas fields and recoverable oil reserves are Tengiz with 7 billion barrels (1.1×109 m3); Karachaganak with 8 billion barrels (1.3×109 m3) and 1,350 km³ of natural gas); and Kashagan with 7 to 9 billion barrels (1.4×109 m3).

Kazakhstan instituted an ambitious pension reform program in 1998. As of January 1, 2005, the pension assets were about $4.1 billion. There are 16 saving pension funds in the country. The State Accumulating Pension Fund, the only state-owned fund, was privatized in 2006. The country's unified financial regulatory agency oversees and regulates the pension funds. The growing demand of the pension funds for quality investment outlets triggered rapid development of the debt securities market. Pension fund capital is being invested almost exclusively in corporate and government bonds, including government of Kazakhstan Eurobonds.

The banking system of Kazakhstan is developing rapidly and the system's capitalization now exceeds $1 billion. The National Bank has introduced deposit insurance in its campaign to strengthen the banking sector. Several major foreign banks have branches in Kazakhstan, including RBS, Citibank, and HSBC. Kookmin and UniCredit have both recently entered the Kazakhstan's financial services market through acquisitions and stake-building.

Despite the strength of Kazakhstan's economy for most of the first decade of the 21st century, the global financial crisis of 2008–2009 has exposed some central weaknesses in the country's economy. The year on year growth of Kazakhstan's GDP dropped 19.81% in 2008. Four of the major banks were rescued by the government at the end of 2008 and real estate prices have sharply dropped.

Agriculture accounted for 10.3% of Kazakhstan's GDP in 2005. Grain (Kazakhstan is the seventh-largest producer in the world) and livestock are the most important agricultural commodities. Agricultural land occupies more than 846,000 square kilometres (327,000 sq mi). The available agricultural land consists of 205,000 square kilometres (79,000 sq mi) of arable land and 611,000 square kilometres (236,000 sq mi) of pasture and hay land.

Chief livestock products are dairy products, leather, meat, and wool. The country's major crops include wheat, barley, cotton, and rice. Wheat exports, a major source of hard currency, rank among the leading commodities in Kazakhstan's export trade. In 2003 Kazakhstan harvested 17.6 million tons of grain in gross, 2.8% higher compared to 2002. Kazakh agriculture still has many environmental problems from mismanagement during its years in the Soviet Union. Some Kazakh wine is produced in the mountains to the east of Almaty.

Kazakhstan is thought to be one of the places that the apple originated, particularly the wild ancestor of Malus domestica, Malus sieversii. It has no common name in English, but is known in Kazakhstan, where it is native, as 'alma'. In fact, the region where it is thought to originate is called Almaty, or 'rich with apple'. This tree is still found wild in the mountains of Central Asia in southern Kazakhstan, Kyrgyzstan, Tajikistan, and Xinjiang, China.

Kenya

AFRICA

Kenya straddles the equator on Africa's east coast. After nearly 40 years in power, the KANU party was soundly defeated in elections in 2002. Corruption is a serious issue.

OFFICIAL NAME: Republic of Kenya
DATE OF FORMATION: 1963
CAPITAL: Nairobi
POPULATION: 47 million
TOTAL AREA: 224,961 sq. miles (582,650 sq. km)
DENSITY: 182 people per sq. mile
LANGUAGES: Kiswahili*, English*, other
RELIGIONS: Christian 60%, traditional beliefs 25%, other 9%, Muslim 6%
ETHNIC MIX: Other 42%, Kikuyu 20%, Luhya 14%, Luo 13%, Kalenjin 11%
GOVERNMENT: Mixed presidential– parliamentary system
CURRENCY: Kenya shilling = 100 cents

Geography

At 580,367 km^2 (224,081 sq mi), Kenya is the world's forty-seventh largest country (after Madagascar). It lies between latitudes 5°N and 5°S, and longitudes 34° and 42°E. From the coast on the Indian Ocean, the low plains rise to central highlands. The highlands are bisected by the Great Rift Valley; a fertile plateau lies in the east. The Kenyan Highlands comprise one of the most successful agricultural production regions in Africa. The highlands are the site of the highest point in Kenya (and the second highest in Africa): Mount Kenya, which reaches 5,199 m (17,057 ft) and is the site of glaciers. Mount Kilimanjaro (5,895 m/19,341 ft) can be seen from Kenya to the South of the Tanzanian border.

Kenya has considerable land area devoted to wildlife habitats, including the Masai Mara, where Blue Wildebeest and other bovids participate in a large scale annual migration. Up to 250,000 blue wildebeest perish each year in the long and arduous movement to find forage in the dry season. The "Big Five" animals of Africa can be found in Kenya and in the Masai Mara in particular: the lion, leopard, buffalo, rhinoceros and elephant. A significant population of other wild animals, reptiles and birds can be found in the national parks and game reserves in the country. The annual animal migration – especially migration of the wildebeest – occurs between June and September with millions of animals taking part.

Kenya is the setting for one of the Natural Wonders of the World – the great wildebeest migration. 11.5 million of these ungulates migrate a distance of 1,800 miles from the Serengeti in neighbouring Tanzania to the Masai Mara in Kenya, in a constant clockwise fashion, searching for food and water supplies.

Climate

Kenya's climate varies from tropical along the coast to temperate inland to arid in the north and northeast parts of the country. The country receives a great deal of sunshine all the year round, and summer clothes are worn throughout the year. It is usually cool at night and early in the morning inland at higher elevations. The "long rains" season occurs from March/April to May/June. The "short rains" season occurs from October to November/December. The rainfall is sometimes heavy and often falls in the afternoons and evenings. The temperature remains high throughout these months of tropical rain. The hottest period is February and March, leading into the season of the long rains, and the coldest is in July and August..

People & Society

70 ethnic groups share about 40 languages. Strong clan and family links in rural areas are being weakened by urban migration. Poverty, severe drought, and years of high population growth exacerbate ethnic tensions.

Kenya is a diverse country. Notable peoples include the Swahili on the coast, pastoralist communities in the north, and several different communities in the central and western regions. The Maasai culture is well known because of tourism, despite being a minor percentage of the Kenyan population. They are renowned for their elaborate upper body adornment and jewelry.

Kenya's rising urban population has a diverse ethnic background whose people are variedly fluent in their mother tongues and the two official languages – English and Swahili. Peri-urban and rural populations are less multilingual with many in remote villages speaking only their mother tongue.

Economy

East and central Africa's biggest economy has posted tremendous growth in the service sector, boosted by rapid expansion in telecommunication and financial activity over the last decade, and now contributes 62 percent of GDP. Unfortunately, a massive 22 percent of GDP still comes from the unreliable agricultural sector which employs 75 percent of the labor force (a consistent characteristic of under-developed economies that have not attained food security - an important catalyst of economic growth) and a significant portion of the population regularly starves and is heavily dependent on food aid. Industry and manufacturing is the smallest sector that accounts for 16 percent of the GDP.

Kenya has traditionally been an liberal market with minimal government involvement (price control) seen in the oil industry. However, recent legislation allows the government to determine and gazette price-controls on essential commodities like maize flour, kerosine and cooking oil.

Privatisation of state corporations like the defunct Kenya Post and Telecommunications Company, which resulted in East Africa's most profitable company – Safaricom, has led to their revival due to massive private investment.

As of May 2010, economic prospects are positive with 4–5% GDP growth expected, largely because of expansions in tourism, telecommunications, transport, construction and a recovery in agriculture. The World Bank predicts growth of 4% in 2010 and a potential of 4.9% growth in 2011.

In March 1996, the Presidents of Kenya, Tanzania, and Uganda re-established the East African Community (EAC). The EAC's objectives include harmonizing tariffs and customs regimes, free movement of people, and improving regional infrastructures. In March 2004, the three East African countries signed a Customs Union Agreement.

Kenya is East and Central Africa's hub for Financial services. The Nairobi Stock Exchange (NSE) is ranked 4th in Africa in terms of Market capitalization.

The Kenya banking system is supervised by the Central Bank of Kenya (CBK). As of late July 2004, the system consisted of 43 commercial banks (down from 48 in 2001), several non-bank financial institutions, including mortgage companies, four savings and loan associations, and several score foreign-exchange bureaus.

Kenya's services sector, which contributes about 63 percent of GDP, is dominated by tourism. The tourism sector has exhibited steady growth in most years since independence and by the late 1980s had become the country's principal source of foreign exchange. Tourists, the largest number from Germany and the United Kingdom, are attracted mainly to the coastal beaches and the game reserves, notably, the expansive Tsavo National Park (20,808 square kilometers) in the southeast. Tourism has seen a substantial revival over the past several years and is the major contributor to the pick-up in the country's economic growth.

Tourism is now Kenya's largest foreign exchange earning sector, followed by flowers, tea, and coffee. In 2006 tourism generated US$803 million, up from US$699 million the previous year.

Agriculture is the second largest contributor to Kenya's gross domestic product (GDP), after the service sector. In 2005 agriculture, including forestry and fishing, accounted for about 24 percent of GDP, as well as for 18 percent of wage employment and 50 percent of revenue from exports. The principal cash crops are tea, horticultural produce, and coffee; horticultural produce and tea are the main growth sectors and the two most valuable of all of Kenya's exports. The production of major food staples such as corn is subject to sharp weather-related fluctuations. Production downturns periodically necessitate food aid—for example, in 2004 aid for 1.8 million people because of one of Kenya's intermittent droughts.

Tea, coffee, sisal, pyrethrum, corn, and wheat are grown in the fertile highlands, one of the most successful agricultural production regions in Africa. Livestock predominates in the semi-arid savanna to the north and east. Coconuts, pineapples, cashew nuts, cotton, sugarcane, sisal, and corn are grown in the lower-lying areas.

Kiribati

AUSTRALASIA & OCEANIA

Situated in the mid-Pacific, the islands adopted the name Kiribati (pronounced "Keer-ee-bus," a corruption of their former name "Gilberts") upon independence from Britain in 1979.

OFFICIAL NAME: Republic of Kiribati
DATE OF FORMATION: 1979
CAPITAL: Bairiki (Tarawa Atoll)
POPULATION: 103,500
TOTAL AREA: 277 sq. miles (717 sq. km)
DENSITY: 361 people per sq. mile
LANGUAGES: English*, Kiribati
RELIGIONS: Roman Catholic 53%, Kiribati Protestant Church 39%, other 8%
ETHNIC MIX: Micronesian 99%, other 1%
GOVERNMENT: Nonparty system
CURRENCY: Australian dollar = 100 cents

Geography

Kiribati consists of about 32 atolls and one solitary island (Banaba), extending into both the eastern and western hemispheres. The groups of islands are:
Banaba: an isolated island between Nauru and the Gilbert Islands

- Gilbert Islands: 16 atolls located some 1,500 kilometres (932 mi) north of Fiji

- Phoenix Islands: 8 atolls and coral islands located some 1,800 kilometres (1,118 mi) southeast of the Gilberts

- Line Islands: 8 atolls and one reef, located about 3,300 kilometres (2,051 mi) east of the Gilberts

Banaba (or Ocean Island) is a raised-coral island which was once a rich source of phosphates, but it was mostly mined out before independence. The rest of the land in Kiribati consists of the sand and reef rock islets of atolls or coral islands which rise but a few metres (half a dozen feet or so) above sea level.

The soil is thin and calcareous, making agriculture very difficult.

Kiritimati (Christmas Island) in the Line Islands is the world's largest atoll. Based on a 1995 realignment of the International Date Line, Kiribati is now the easternmost country in the world, and the Line Islands is the first area to enter into a new year, including year 2000. For that reason, the Caroline Island has been renamed Millennium Island. The majority of Kiribati, including the capital, is not first, for example New Zealand (UTC+13 in January) has an earlier new year.

According to the Pacific Regional Environment Programme(previously South Pacific Regional Environment Programme (SPREP)), two small uninhabited Kiribati islets, Tebua Tarawa and Abanuea, disappeared underwater in 1999. The islet of Tepuka Savilivili (Tuvalu; not a Gilbertese name) no longer has any coconut trees due to salt water infiltration into the water table. The United Nations Intergovernmental Panel on Climate Change predicts that sea levels will rise by about half a metre (20 in) by 2100 due to global warming and a further rise would be inevitable. It is thus likely that within a century the nation's arable land will become subject to increased soil salination and will be largely submerged.

However, sea-level rise may not necessarily mean Kiribati will be inundated. Paul Kench at the University of Auckland in New Zealand and Arthur Webb at the South Pacific Applied Geoscience Commission in Fiji released a study in 2010 on the dynamic response of reef islands to sea level rise in the central Pacific. Kiribati was mentioned in the study, and Webb and Kench found that the three major urbanised islands in Kiribati - Betio, Bairiki and Nanikai - increased by 30 per cent (36 hectares), 16.3 per cent (5.8 hectares) and 12.5 per cent (0.8 hectares), respectively.

The Kiribati Adaptation Program (KAP) is a US $5.5 million initiative that was originally enacted by the national government of Kiribati with the support of the Global Environment Facility (GEF), the World Bank, the United Nations Development Program, and the Japanese Government. Australia later joined the coalition, donating US $1.5 million to the effort. The program aims to take place over 6 years, supporting measures that reduce Kiribati's vulnerability to the effects of climate change and sea level rise by raising awareness of climate change, assessing and protecting available water resources, and managing inundation. At the start of the Adaptation Program, representatives from each of the inhabited atolls identified key climatic changes that had taken place over the past 20-40 years, and proposed coping mechanisms to deal with these changes under 4 categories of urgency of need. The program is now focusing on the country's most vulnerable sectors in the most highly populated areas. Initiatives include improving water supply management in and around Tarawa; coastal management protection measures such as mangrove re-plantation and protection of public infrastructure; strengthening laws to reduce coastal erosion; and population settlement planning to reduce personal risks.

Kiribati is the only country in all four hemispheres.

Climate

Central islands have a maritime equatorial climate. Those to north and south are tropical, with constant high temperatures. There is little rainfall.

People & Society

The native people of Kiribati are called I-Kiribati. The word Kiribati is the local spelling of the word Gilbert and the original name of this British colony was the Gilbert Islands. The indigenous format of the name was adopted when independence was gained in 1979.

Officially I-Kiribati, many local people still refer to themselves as Gilbertese. Almost all are Micronesian apart from the inhabitants of the island of Banaba, who employed anthropologists to establish their racial distinction. Most people are poor subsistence farmers and many travel abroad to work. The islands are effectively ruled by traditional chiefs.

Ethnically, the I-Kiribati are Micronesians. Recent archaeological evidence indicates that Austronesians originally settled the islands thousands of years ago. Around the 14th century, Fijians, Samoans, and Tongans invaded the islands, thus diversifying the ethnic range and introducing Polynesian linguistic traits. Intermarriage among all ancestral groups, however, has led to a population reasonably homogeneous in appearance and traditions.

The people of Kiribati speak an Oceanic language called "Gilbertese". Although English is the official language, it is not used very often outside the island capital of Tarawa. It is more likely that English is mixed in its use with Gilbertese. Older generations of I-Kiribati tend to use more complicated versions of the language.

Economy

Kiribati is one of the world's poorest countries. It has few natural resources. Commercially viable phosphate deposits on Banaba were exhausted at the time of independence. Copra and fish now represent the bulk of production and exports. Kiribati is considered one of the least developed countries in the world. In one form or another, Kiribati gets a large portion of its income from abroad. Examples include fishing licenses, development assistance, worker remittances, and tourism. Given Kiribati's limited domestic production ability, it must import nearly all of its essential foodstuffs and manufactured items; it depends on these external sources of income for financing.

The economy of Kiribati benefits from international development assistance programs. The multilateral donors providing development assistance in 2009 were the European Union (A$9 million), the United Nations Development Program (A$3.7 million), and the World Health Organisation (A$100,000). The bilateral donors providing development assistance in 2009 were Australia (A$11 million), Japan (A$2 million), New Zealand (A$6.6 million), Taiwan (A$10.6 million), and other donors providing A$16.2 million, including technical assistance grants from the Asian Development Bank.

The major donors in 2010/2011 were Australia (A$15 million), Taiwan (A$11 million); New Zealand (A$6 million), the World Bank (A$4 million), and the Asian Development Bank.

In 1956 Kiribati established a sovereign wealth fund to act as a store of wealth for the country's earnings from phosphate mining. In 2008, the Revenue Equalization Reserve Fund was valued at US$ 400 million. The RERF assets declined from A$637 million (420 percent of GDP) in 2007 to A$570.5 million (350 percent of GDP) in 2009. As the result of the Global Financial Crisis (GFC) the RERF was exposure to failed Icelandic banks, as well drawdowns were made by the government of Kiribati to finance budgetary shortfalls.

In May 2011 the IMF country report assessment of the Economy of Kiribati is that: "After two years of contraction, the economy recovered in the second half of 2010 and inflation pressure dissipated. It is estimated to have grown by 1¾ percent for the year. Despite a weather-related drop in copra production, private sector activity appears to have picked up, especially in retail. Tourist arrivals rebounded by 20 percent compared to 2009, although from a very low base. Despite the rise in world food and fuel prices, inflation has bounced from 2008 crisis-highs into negative territory, reflecting the strong appreciation of the Australian dollar, which is used as the domestic currency, and a decline in the world price of rice. Credit growth in the overall economy declined in 2009 as economic activity stalled. But it started to pick up in the second half of 2010 as the recovery gained traction."

North Korea

ASIA

Separated from the democratic South by the world's most heavily defended border, the Stalinist North Korean
state has been isolated from the outside world since 1948.

OFFICIAL NAME: Democratic People's Republic of Korea
DATE OF FORMATION: 1948
CAPITAL: Pyongyang
POPULATION: 24 million
TOTAL AREA: 46,540 sq. miles (120,540 sq. km)
DENSITY: 514 people per sq. mile
LANGUAGES: Korean*, Chinese
RELIGIONS: Government-controlled religions include Chondogyo, Buddhism, and Christianity
ETHNIC MIX: Korean 100%
GOVERNMENT: One-party state
CURRENCY: N. Korean won = 100 chon

Geography

North Korea occupies the northern portion of the Korean Peninsula, lying between latitudes 37° and 43°N, and longitudes 124° and 131°E. It covers an area of 120,540 square kilometres (46,541 sq mi). North Korea shares land borders with People's Republic of China and Russia to the north, and borders South Korea along the Korean Demilitarized Zone. To its west are the Yellow Sea and Korea Bay, and to its east lies Japan across the Sea of Japan (East Sea of Korea). The highest point in North Korea is Paektu-san Mountain at 2,744 metres (9,003 ft). The longest river is the Amnok River which flows for 790 kilometres (491 mi). The capital and largest city is Pyongyang; other major cities include Kaesong in the south, Sinuiju in the northwest, Wonsan and Hamhung in the east and Chongjin in the northeast.

Early European visitors to Korea remarked that the country resembled "a sea in a heavy gale" because of the many successive mountain ranges that crisscross the peninsula. Some 80% of North Korea is composed of mountains and uplands, separated by deep and narrow valleys, with all of the peninsula's mountains with elevations of 2,000 metres (6,600 ft) or more located in North Korea. The coastal plains are wide in the west and discontinuous in the east. A great majority of the population lives in the plains and lowlands.

The highest point in North Korea is Baekdu Mountain which is a volcanic mountain near the Chinese border with basalt lava plateau with elevations between 1,400 and 2,000 metres (4,600 and 6,600 ft) above sea level. The Hamgyong Range, located in the extreme northeastern part of the peninsula, has many high peaks including Gwanmosan at approximately 1,756 m (5,761 ft).

Other major ranges include the Rangrim Mountains, which are located in the north-central part of North Korea and run in a north-south direction, making communication between the eastern and western parts of the country rather difficult; and the Kangnam Range, which runs along the North Korea–China border. Geumgangsan, often written Mt Kumgang, or Diamond Mountain, (approximately 1,638 metres or 5,374 feet) in the Taebaek Range, which extends into South Korea, is famous for its scenic beauty.

For the most part, the plains are small. The most extensive are the Pyongyang and Chaeryong plains, each covering about 500 square kilometres (190 sq mi). Because the mountains on the east coast drop abruptly to the sea, the plains are even smaller there than on the west coast. Unlike neighboring Japan or northern China, North Korea experiences few severe earthquakes.

Climate

North Korea has a continental climate with four distinct seasons. Long winters bring bitter cold and clear weather interspersed with snow storms as a result of northern and northwestern winds that blow from Siberia. Average snowfall is 37 days during the winter. The weather is likely to be particularly harsh in the northern, mountainous regions.

Summer tends to be short, hot, humid, and rainy because of the southern and southeastern monsoon winds that bring moist air from the Pacific Ocean. Typhoons affect the peninsula on an average of at least once every summer. Spring and autumn are transitional seasons marked by mild temperatures and variable winds and bring the most pleasant weather. Natural hazards include late spring droughts which often are followed by severe flooding. There are occasional typhoons during the early fall.

North Korea's climate is relatively temperate. Most of the country is classified as type Dwa in the Köppen climate classification scheme, with warm summers and cold, dry winters. In summer there is a short rainy season called changma. On August 7, 2007, the most devastating floods in 40 years caused the North Korean government to ask for international help. NGOs, such as the Red Cross, asked people to raise funds because they feared a humanitarian catastrophe.

People & Society

Life is heavily regulated. Cult of personality is more powerful than the state-controlled religions, which include Korea's own Chondogyo. Women are expected to work and to run the home. Children are looked after in state-run crèches. The Korean Worker's Party is the sole party. Its elite have a privileged lifestyle. Globally condemned for its nuclear weapons development, its grip on power perpetuates its pariah status.

According to the CIA World Factbook, North Korea's life expectancy was 63.8 years in 2009, a figure roughly equivalent to that of Pakistan and Burma and slightly lower than Russia. Infant mortality stood at a high level of 51.3, which is 2.5 times higher than that of China, 5 times that of Russia, 12 times that of South Korea.

According to the UNICEF "The State of the world's Children 2003" North Korea appears ranked at the 73rd place (with first place having the highest mortality rate), between Guatemala (72nd) and Tuvalu (74th). North Korea's Total fertility rate is relatively low and stood at 2.0 in 2009, comparable to those of the United States and France.

Economy

North Korea has an industrialised, near-autarkic, highly centralized command economy. Of the five remaining Communist states in the world, North Korea is one of only two (along with Cuba) with an almost entirely government-planned, state-owned economy. The Central Planning Committee prepares, supervises and implements economic plans, while a General Bureau of Provincial Industry in each region is responsible for the management of local manufacturing facilities, production, resource allocation and sales.

North Korea's isolation policy means that international trade is highly restricted. North Korea passed a law in 1984 allowing for foreign investment through joint ventures, but failed to attract any significant investment. In 1991, it established the Rason Economic Special Zone, in an attempt to attract foreign investment from China and Russia. Chinese and Russian companies have purchased rights to use the ports at Rason. Chinese investors are renovating a road from Rason to China, and Russian railway workers are renovating the railway from Rason to Russia, from where it continues onto the Trans-Siberian Railway.

Until 1998, the United Nations published HDI and GDP per capita figures for North Korea, which stood at a medium level of human development at 0.766 (ranked 75th) and a GDP per capita of $4,058. The average salary is about $47 per month. Despite substantial economic problems, quality of life is improving and wages are rising steadily. Small-scale private markets, known as janmadang, exist throughout the country and provide the population with imported food and commodities ranging from cosmetics to motorcycles in exchange for money. In 2009, the government carried out a currency redenomination with the aim to curb free market activity across the country, but the attempt failed, causing inflation rates to skyrocket, and eventually led to the lifting of the ban on free market trade.

Food rations, housing, healthcare, and education are offered from the state for free, and the payment of taxes has been abolished since April 1, 1974. In order to increase productivity from agriculture and industry, since the 1960s the North Korean government has introduced a number of management systems such as the Taean work system. In the 21st century, North Korea's GDP growth has been slow but steady, although in recent years, growth has gradually accelerated to 3.7% in 2008, the fastest pace in almost a decade, largely due to a sharp growth of 8.2% in the agricultural sector

South Korea

ASIA

South Korea occupies the southern half of the Korean peninsula. Under US sponsorship, it was separated from the communist North in 1948 and is now a capitalist economy.

OFFICIAL NAME: Republic of Korea
DATE OF FORMATION: 1948
CAPITAL: Seoul
POPULATION: 48.8 million
TOTAL AREA: 38,023 sq. miles (98,480 sq. km)
DENSITY: 1268 people per sq. mile
LANGUAGES: Korean*, Chinese
RELIGIONS: Mahayana Buddhist 47%, Protestant 38%, Roman Catholic 11%, Confucianist 3%, other 1%
ETHNIC MIX: Korean 100%
GOVERNMENT: Presidential system
CURRENCY: South Korean won = 100 chon

Geography

South Korea occupies the southern portion of the Korean Peninsula, which extends some 1,100 km (680 miles) from the Asian mainland. This mountainous peninsula is flanked by the Yellow Sea to the west, and Sea of Japan (East Sea) to the east. Its southern tip lies on the Korea Strait and the East China Sea.

The country, including all its islands, lies between latitudes 33° and 39°N, and longitudes 124° and 130°E. Its total area is 100,032 square kilometres (38,622.57 sq mi).

South Korea can be divided into four general regions: an eastern region of high mountain ranges and narrow coastal plains; a western region of broad coastal plains, river basins, and rolling hills; a southwestern region of mountains and valleys; and a southeastern region dominated by the broad basin of the Nakdong River.

South Korea's terrain is mostly mountainous, most of which is not arable. Lowlands, located primarily in the west and southeast, make up only 30% of the total land area.

About three thousand islands, mostly small and uninhabited, lie off the western and southern coasts of South Korea. Jeju-do is located about 100 kilometres (about 60 mi) off the southern coast of South Korea. It is the country's largest island, with an area of 1,845 square kilometres (712 sq mi). Jeju is also the site of South Korea's highest point: Hallasan, an extinct volcano, reaches 1,950 meters (6,398 ft) above sea level. The most eastern islands of South Korea include Ulleungdo and Liancourt Rocks (Dokdo), while Marado and Socotra Rock are the southernmost islands of South Korea.

South Korea has 20 national parks and popular nature places like the Boseong Tea Fields, Suncheon Bay Ecological Park, and the first national park of Jirisan.

Climate

South Korea tends to have a humid continental climate and a humid subtropical climate, and is affected by the East Asian monsoon, with precipitation heavier in summer during a short rainy season called jangma (장마), which begins end of June through the end of July. Winters can be extremely cold with the minimum temperature dropping below −20 °C in the inland region of the country: in Seoul, the average January temperature range is −7 °C to 1 °C (19 °F to 33 °F), and the average August temperature range is 22 °C to 30 °C (71 °F to 86 °F). Winter temperatures are higher along the southern coast and considerably lower in the mountainous interior. Summer can be uncomfortably hot and humid, with temperatures exceeding 30 °C (86 °F) in most parts of the country. South Korea has four distinct seasons; spring, summer, autumn and winter. Spring usually lasts from late-March to early- May, summer from mid-May to early-September, autumn from mid-September to early-November, and winter from mid-November to mid-March.

Rainfall is concentrated in the summer months of June through September. The southern coast is subject to late summer typhoons that bring strong winds and heavy rains. The average annual precipitation varies from 1,370 millimeters (54 inches) in Seoul to 1,470 millimeters (58 inches) in Busan. There are occasional typhoons that bring high winds and floods.

People & Society

Inhabited for the last 2000 years by a single ethnic group. The nuclear family is replacing traditional extended households. Since the 1953 armistice, the Koreas have remained technically at war. Reunification is the ultimate goal, but in 2009 the South became less conciliatory and the North retaliated by ending its offer of cooperation.

South Korea is noted for its population density, which is 487 per square kilometer, more than 10 times the global average. Most South Koreans live in urban areas, due to rapid migration from the countryside during the country's quick economic expansion in the 1970s, 1980s and 1990s. The capital city of Seoul is also the country's largest city and chief industrial center. According to the 2005 census, Seoul had a population of 9.8 million inhabitants. The Seoul National Capital Area has 24.5 million inhabitants making it the world's second largest metropolitan area and easily the most densely populated city in the OECD. Other major cities include Busan (3.5 million), Incheon (2.5 million), Daegu (2.5 million), Daejeon (1.4 million), Gwangju (1.4 million) and Ulsan (1 million).

The population has also been shaped by international migration. After World War II and the division of the Korean Peninsula, about four million people from North Korea crossed the border to South Korea. This trend of net entry reversed over the next 40 years due to emigration, especially to the United States and Canada. South Korea's total population in 1955 was 21.5 million, and today it is roughly 50,062,000.

South Korea is one of the most ethnically homogeneous societies in the world, with more than 99% of inhabitants having Korean ethnicity. Koreans call their society 단일민족국가, Dan-il minjok guk ga, "the single race society".

Economy

South Korea has a market economy which ranks 14th in the world by nominal GDP and 12th by purchasing power parity (PPP), identifying it as one of the G-20 major economies. It is a high-income developed country and is a member of OECD. South Korea is one of the Asian Tigers, and is the only developed country so far to have been included in the group of Next Eleven countries. South Korea had one of the world's fastest growing economies from the early 1960s to the late 1990s, and South Korea is still one of the fastest growing developed countries in the 2000s, along with Hong Kong, Singapore, and Taiwan, the other three members of Asian Tigers. South Koreans refer to this growth as the Miracle on the Han River. The South Korean economy is heavily dependent on international trade, and in 2010, South Korea was the sixth largest exporter and tenth largest importer in the world.

South Korea hosted the fifth G20 summit in its capital city Seoul, from November 11, 2010 to November 12, 2010. The two-day summit is expected to boost Korea's economy by 31 trillion won, or 4% of Korea's 2010 GDP, in economic effects, and create over 160,000 jobs in Korea. It may also help improve the country's sovereign credit rating.

Despite the South Korean economy's high growth potential and apparent structural stability, South Korea suffers perpetual damage to its credit rating in the stock market due to the belligerence of North Korea in times of deep military crises, which has an adverse effect on the financial markets of the South Korean economy. However, renowned financial organizations, such as the International Monetary Fund, also compliment the resilience of the South Korean economy against various economic crises, citing low state debt, and high fiscal reserves that can quickly be mobilized to address any expected financial emergencies. South Korea was one of the few developed countries that were able to avoid a recession during the global financial crisis, and its economic growth rate reached 6.2 percent in 2010 (the fastest growth for eight years after significant growth by 7.2 percent in 2002), a sharp recovery from economic growth rates of 2.3% in 2008 and 0.2% in 2009 when the global financial crisis hit. The unemployment rate in South Korea also remained low in 2009 at 3.6%

Kosovo

EUROPE

Once part of the former Yugoslav state, Kosovo seceded from Serbia in 2008. International recognition, mainly from Western countries, is strongly opposed by Serbia and Russia.

OFFICIAL NAME: Republic of Kosovo
DATE OF FORMATION: 2008
CAPITAL: Pristina
POPULATION: 2.2 million
TOTAL AREA: 4212 sq. miles (10,908 sq. km)
DENSITY: 499 people per sq. mile
LANGUAGES: Albanian*, Serbian*, Bosniak, Gorani, Roma, Turkish
RELIGIONS: Muslim 92%, Roman Catholic 4%, Orthodox Christian 4%
ETHNIC MIX: Albanian 92%, Serb 4%, Bosniak and Gorani 2%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Landlocked and mountainous, with two plains in the east and west.

Climate

Continental, with warm, sunny summers and cold, snowy winters.

People & Society

The balance of Albanians to Serbs in Kosovo has changed dramatically over centuries, both groups suffering interethnic violence at various times. Attacks against Albanians in the late 1990s caused a million to flee. After NATO stepped in, many Serbs left: Albanians now form a 92% majority. Most Albanians are Muslim. Serbs dominate three northern provinces, which have threatened to secede.

Economy

The economic policy of the Republic of Kosovo aims toward a free trade system. In this context, it has drafted a legal framework that ensures the fulfilment of European standards of competitiveness.

Kosovo is classified a developing country by US intelligence, with a per capital income estimated at €2,100 (2008). As Kosovo has Europe's second largest coal reserves, also had the largest exporting company (Trepča) in the Federal Republic of Yugoslavia Yet Kosovo was the poorest province of Yugoslavia and received substantial development subsidies from all Yugoslav republics. Additionally, over the course of the 1990s a blend of poor economic policies, international sanctions, poor external commerce and ethnic conflict severely damaged the economy.

After a jump in 2000 and 2001, growth in Gross Domestic Product (GDP) was negative in 2002 and 2003 and was expected to be around 3 percent in 2004–2005, with domestic sources of growth unable to compensate for the declining foreign assistance. Inflation is low, while the budget posted a deficit for the first time in 2004. Kosovo has high external deficits. In 2004, the deficit of the balance of goods and services was close to 70 percent of GDP. Remittances from Kosovars living abroad accounts for an estimated 13 percent of GDP, and foreign assistance for around 34 percent of GDP.

Most economic development since 1999 has taken place in the trade, retail and the construction sectors. The private sector that has emerged since 1999 is mainly small-scale. The industrial sector remains weak and the electric power supply remains unreliable, acting as a key constraint. Unemployment remains pervasive, at around 40–50% of the labor force.

UNMIK introduced an external trade regime and customs administration on 3 September 1999 when it set customs border controls in Kosovo. All goods imported in Kosovo face a flat 10% customs duty fee. These taxes are collected from all Tax Collection Points installed at the borders of Kosovo, including those between Kosovo and Serbia. UNMIK and Kosovo institutions have signed Free Trade Agreements with Croatia, Bosnia and Herzegovina, Albania and Macedonia.

The Euro is the official currency of Republic of Kosovo and is used by UNMIK and the government bodies. Initially, Kosovo adopted the German mark in 1999 to replace the Yugoslav dinar,and consequently switched to the Euro when it replaced the German mark. However, the Serbian dinar is still used in Serbian-populated areas.

The chief means of entry, apart from the main highway leading to the south to Skopje, Macedonia, is Pristina International Airport.

Free trade: Customs-free access to the EU market based on the EU Autonomous Trade Preference (ATP) Regime, Central European Free Trade Area–CEFTA.

Kosovo enjoys a free trade within Central European Free Trade Agreement (CEFTA), agreed with UNMIK, enabling its producers to access the regional market with its 28 million consumers, free of any customs duties. According to the Business Registry data for 2007, there are 2,012 companies of foreign and mixed ownership that have already used the opportunity to invest in Kosovo.

The Multilateral Investment Guarantee Agency (MIGA, a member of the World Bank Group) guarantees investments in Kosovo in the value of 20 million Euro. The US Overseas Private Investment Corporation (OPIC) also provides political risk insurance for foreign investors in Kosovo.

The economy is hindered by Kosovo's still-unresolved international status, which has made it difficult to attract investment and loans. The province's economic weakness has produced a thriving black economy in which smuggled petrol, cigarettes and cement are major commodities. The prevalence of official corruption and the pervasive influence of organised crime gangs has caused serious concern internationally. The United Nations has made the fight against corruption and organised crime a high priority, pledging a "zero tolerance" approach.

Kosovo has a reported foreign debt of 1,264 billion USD that is serviced by Republic of Serbia.

According to ECIKS from 2001 to 2004 Kosovo received $3,2 billion of foreign aid. International donor conference is to be held in Switzerland in June or July 2008. Until now EU pledged €2 billion, $350 mil by USA. Serbia also pledged €120 million to Serb's enclaves in Kosovo.

Kosovo joined the International Monetary Fund and the World Bank on 26 June 2009 as the 186th country to join the two institutions. 95% of Kosovars had previously voted in favour of the move.

The accession follows a 50% tax reduction implemented in 2008 which has helped double investment in the country, setting the economy for an expected growth of "around 4.0 percent to 5.0 percent" in 2010, according to IMF projections.

Kosovo is rich in natural resources. In Kosovo there are lots of reserves of lead, zinc, silver, nickel, cobalt, copper, iron and bauxite. There is also believed to be around 14,000 billion tonnes of lignite. Canadian company Avrupa Minerals Ltd has achieved the rights to a three year mining programme, which is expected to start in summer 2011. In 2005 the Directorate for Mines and Minerals and the World Bank estimated that Kosovo had €13.5 billion worth of minerals.

Kuwait

ASIA

Kuwait lies at the northwest tip of the Gulf, dwarfed by its neighbors Iraq, Iran, and Saudi Arabia. It was a British protectorate until 1961, when full independence was granted.

OFFICIAL NAME: State of Kuwait
DATE OF FORMATION: 1961
CAPITAL: Kuwait City
POPULATION: 3.5 million
TOTAL AREA: 6880 sq. miles (17,820 sq. km)
DENSITY: 434 people per sq. mile
LANGUAGES: Arabic*, English
RELIGIONS: Sunni Muslim 45%, Shi'a Muslim 40%, Christian, Hindu, and other 15%
ETHNIC MIX: Kuwaiti 45%, other Arab 35%, South Asian 9%, other 11%
GOVERNMENT: Monarchy
CURRENCY: Kuwaiti dinar = 1000 fils

Geography

Located in the north-east corner of the Arabian Peninsula, Kuwait is one of the smallest countries in the world in terms of land area. It lies between latitudes 28° and 31° N, and longitudes 46° and 49° E. The flat, sandy Arabian Desert covers most of Kuwait. The country is generally low lying, with the highest point being 306 m (1,004 ft) above sea-level. It has nine islands, all of which with the exception of Failaka Island are uninhabited. With an area of 860 km^2 (330 sq mi), the Bubiyan is the largest island in Kuwait and is connected to the rest of the country by a 2,380 m (7,808 ft) long bridge. The land area is considered arable and sparse vegetation is found along its 499 km long coastline. Kuwait City is located on Kuwait Bay, a natural deep-water harbor.

Kuwait has some of the world's richest oil fields with the Burgan field having a total capacity of approximately 70 billion barrels (1.1×1010 m3) of proven oil reserves. During the 1991 Kuwaiti oil fires, more than 500 oil lakes were created covering a combined surface area of about 35.7 km^2 (13.8 sq mi). The resulting soil contamination due to oil and soot accumulation had made eastern and south-eastern parts of Kuwait uninhabitable. Sand and oil residue had reduced large parts of the Kuwaiti desert to semi-asphalt surfaces. The oil spills during the Gulf War also drastically affected Kuwait's marine resources

Climate

The spring season in March is warm and pleasant with occasional thunderstorms. The frequent winds from the northwest are cold in winter and spring and hot in summer. Southeasterly winds, usually hot and damp, spring up between July and October; hot and dry south winds prevail in spring and early summer. The shamal, a northwesterly wind common during June and July, causes dramatic sandstorms.

People & Society

Oil-rich monarchy, ruled by the al-Sabah family. It is a conservative Sunni Muslim society, but women are relatively free. Nonetheless, a 1999 decree giving women the vote was blocked for six years in parliament by Islamic traditionalists. Immigrant workers, from other Arab states, India, and Pakistan, now outnumber native citizens. US-led forces rescued Kuwait after the 1990 Iraqi invasion, and later used it as a launchpad for the 2003 invasion to oust Saddam Hussein.

The influence of Islamic and Arab Culture on its architecture, music, attire, cuisine and lifestyle is prominent as well. The most distinctive characteristic of local Kuwaiti culture are diwaniya that is explained below. Briefly, it involves large reception rooms used for male social gatherings attended mostly by family members and close friends.

While, unlike neighbouring Saudi Arabia, the Islamic dress code is not compulsory, many of the older Kuwaiti men prefer wearing dish dasha, an ankle-length white shirt woven from wool or cotton while the minority of women wear abaya, black over-garment covering most parts of the body. This attire is particularly well-suited for Kuwait's hot and dry climate. Western style clothing is very popular among the youth of Kuwait.

Seafood has been the mainstay of the Kuwaiti diet for centuries. The Arabs in the Persian Gulf region played a crucial role in the spice trade between India and Europe and spices have remained an important ingredient of Kuwaiti cuisine. Traditional Kuwaiti cuisine includes "Machboos diyay, machboos laham, maraq diyay laham" which borrows heavily from South Asian cuisine and Arabian cuisine. "Imawash" is another popular dish. As in other Arab states of the Persian Gulf, Kuwait takes part in the tradition of Qarqe'an during the month of Ramadan. 74.2% of adults aged 15 and over are overweight in Kuwait, making the country the 8th fattest in the world

Economy

Kuwait has a GDP (PPP) of US$167.9 billion and a per capita income of US$81,800, making it the 5th richest country in the world, per capita.

According to the 2008 Index of Economic Freedom, Kuwait has the second-most free economy in the Middle East. In March 2007, Kuwait's foreign exchange reserves stood at US$213 billion. The Kuwait Stock Exchange, which has about 200 firms listed, is the second-largest stock exchange in the Arab world with a total market capitalization of US$235 billion. In 2007, the Kuwaiti government posted a budget surplus of US$43 billion.

Kuwait has a proven crude oil reserves of 104 billion barrels (15 km³),estimated to be 10% of the world's reserves. According to the Kuwaiti constitution, all natural resources in the country and associated revenues are government property. Being a tax-free country, Kuwait's oil industry accounts for 80% of government revenue. Petroleum and petrochemicals accounts for nearly half of GDP and 95% of export revenues. Increase in oil prices since 2003 resulted in a surge in Kuwait's economy.

Kuwait's current oil production of 2.8 million bpd is expected to increase to 4 million bpd by 2020. To realize this production target, Kuwait Petroleum Corporation plans to spend US$51 billion between 2007 to 2012 to upgrade and expand the country's existing refineries. However, the country's economy was badly affected by the global financial crisis of 2008. In 2009, the Central Bank of Kuwait devised a US$5.15 billion stimulus package to help boost the economy.

Other major industries include shipping, construction, cement, water desalination, construction materials and financial services. Kuwait has a well developed banking system and several banks in the country date back to the time before oil was discovered. Founded in 1952, the National Bank of Kuwait is the largest bank in the country and one of the largest in the Arab world. Other prominent financial institutions based in Kuwait include the Gulf Bank of Kuwait and Burgan Bank, which is named after the largest oilfield in the country.

Kuwait's climate limits agricultural development. Consequently, with the exception of fish, it depends almost wholly on food imports. About 75% of potable water must be distilled or imported. The government is keen on decreasing Kuwait's dependence on oil to fuel its economy by transforming it into a regional trading and tourism hub. The planned US$77 billion Madinat al-Hareer (City of Silk) is the largest real estate development project in the Middle East. The Central Bank issues Kuwait's currency, the Kuwaiti dinar. As of December 2007, the dinar was the highest-valued currency unit in the world.

In 2007, estimated exports stood at US$59.97 billion and imports were around US$17.74 billion. Petroleum, petrochemical products, fertilizers and financial services are major export commodities. Kuwait imports a wide range of products ranging from food products and textiles to machinery. Kuwait's most important trading partners are Japan, United States, India, South Korea, Singapore, China, European Union and Saudi Arabia. Japan is the largest customer of Kuwaiti oil followed by India, Singapore and South Korea.

On January 5, 2010,Kuwait has started the construction of Salmiya Park in Salmiya. The Heads said "it would take atleast 4 years to complete Salmiya Park

Kyrgyzstan

ASIA

A small and mountainous landlocked state in central Asia, Kyrgyzstan is one of the least urbanized ex-Soviet republics, and was slow to develop its own sense of cultural identity.

OFFICIAL NAME: Kyrgyz Republic
DATE OF FORMATION: 1991
CAPITAL: Bishkek
POPULATION: 5.48 million
TOTAL AREA: 76,641 sq. miles (198,500 sq. km)
DENSITY: 72 people per sq. mile
LANGUAGES: Kyrgyz*, Russian*, other
RELIGIONS: Muslim (mainly Sunni) 70%, Orthodox Christian 30%
ETHNIC MIX: Kyrgyz 65%, Uzbek 14%, Russian 13%, other 6%, Dungan 1%, Ukrainian 1%
GOVERNMENT: Presidential system
CURRENCY: Som = 100 tyiyn

Geography

Kyrgyzstan is a landlocked country in Central Asia, bordering Kazakhstan, China, Tajikistan and Uzbekistan. It lies between latitudes 39° and 44° N, and longitudes 69° and 81° E. It is farther from an ocean than any other country in the world although it does not contain the absolute farthest point from any ocean. That spot lies in the Xinjiang region of Northwestern China. The mountainous region of the Tian Shan covers over 80% of the country (Kyrgyzstan is occasionally referred to as "the Switzerland of Central Asia", as a result), with the remainder made up of valleys and basins.

Issyk-Kul Lake in the north-eastern Tian Shan is the largest lake in Kyrgyzstan and the second largest mountain lake in the world after Titicaca. The highest peaks are in the Kakshaal-Too range, forming the Chinese border. Peak Jengish Chokusu, at 7,439 m (24,406 ft), is the highest point and is considered by geologists (though not mountaineers) to be the northernmost peak over 7,000 m (22,966 ft) in the world. Heavy snowfall in winter leads to spring floods which often cause serious damage downstream. The runoff from the mountains is also used for hydro-electricity.

Kyrgyzstan has significant deposits of metals including gold and rare earth metals. Due to the country's predominantly mountainous terrain, less than 8% of the land is cultivated, and this is concentrated in the northern lowlands and the fringes of the Fergana Valley.

Bishkek in the north is the capital and largest city, with approximately 900,000 inhabitants (as of 2005). The second city is the ancient town of Osh, located in the Fergana Valley near the border with Uzbekistan. The principal river is the Kara Darya, which flows west through the Fergana Valley into Uzbekistan. Across the border in Uzbekistan it meets another major Kyrgyz river, the Naryn.

The confluence forms the Syr Darya, which originally flowed into the Aral Sea. As of 2010, it no longer reaches the sea, as its water is withdrawn upstream to irrigate cotton fields in Tajikistan, Uzbekistan, and southern Kazakhstan. The Chu River also briefly flows through Kyrgyzstan before entering Kazakhstan.

Climate

The climate varies regionally. The south-western Fergana Valley is subtropical and extremely hot in summer, with temperatures reaching 40 °C (104 °F) The northern foothills are temperate and the Tian Shan varies from dry continental to polar climate, depending on elevation. In the coldest areas temperatures are sub-zero for around 40 days in winter, and even some desert areas experience constant snowfall in this period.

People & Society

Ethnic Kyrgyz have only been in the majority since the late 1980s – due to a high birth rate and the emigration of ethnic Russians. Wary of losing skills vital to the economy, the government has attempted to deter Russians from leaving; concessions include making Russian an official language. There are some tensions between Kyrgyz and Uzbeks, and a trend toward greater Islamization, particularly in the poorer south.

The Kyrgyz have historically been semi-nomadic herders, living in round tents called yurts and tending sheep, horses and yaks. This nomadic tradition continues to function seasonally (see transhumance) as herding families return to the high mountain pasture (or jailoo) in the summer. The sedentary Uzbeks and Tajiks traditionally have farmed lower-lying irrigated land in the Fergana valley.

Kyrgyzstan has undergone a pronounced change in its ethnic composition since independence. The percentage of ethnic Kyrgyz increased from around 50% in 1979 to nearly 70% in 2007, while the percentage of European ethnic groups (Russians, Ukrainians and Germans) as well as Tatars dropped from 35% to about 10%. The percentage of ethnic Russians dropped from 29.2% in 1970 to 21.5% in 1989. Since 1991, huge numbers of Germans, who in 1989 numbered 101,000 persons, have been emigrating to Germany. Between 1991 and 2002, more than 600,000 people emigrated from Kyrgyzstan and the ethnic minority population declined from 47 to 33 percent.

Economy

Kyrgyzstan was the second poorest country in the former Soviet Union, and is today, the second poorest country in Central Asia. Despite the backing of major Western lenders, including the International Monetary Fund (IMF), the World Bank and the Asian Development Bank, Kyrgyzstan has had economic difficulties following independence. Initially, these were a result of the breakup of the Soviet trading bloc and resulting loss of markets, which impeded the republic's transition to a free market economy.

The government has reduced expenditures, ended most price subsidies and introduced a value-added tax. Overall, the government appears committed to the transition to a market economy. Through economic stabilization and reform, the government seeks to establish a pattern of long-term consistent growth. Reforms led to Kyrgyzstan's accession to the World Trade Organization (WTO) on 20 December 1998.

The Kyrgyz economy was severely affected by the collapse of the Soviet Union and the resulting loss of its vast market. In 1990, some 98% of Kyrgyz exports went to other parts of the Soviet Union. Thus, the nation's economic performance in the early 1990s was worse than any other former Soviet republic except war-torn Armenia, Azerbaijan and Tajikistan, as factories and state farms collapsed with the disappearance of their traditional markets in the former Soviet Union. While economic performance has improved considerably in the last few years, and particularly since 1998, difficulties remain in securing adequate fiscal revenues and providing an adequate social safety net. Remittances of around 800,000 Kyrgyz migrants working in Russia represent 40% of Kyrgyzstan's GDP.

Agriculture is an important sector of the economy in Kyrgyzstan (see agriculture in Kyrgyzstan). By the early 1990s, the private agricultural sector provided between one-third and one-half of some harvests. In 2002, agriculture accounted for 35.6% of GDP and about half of employment. Kyrgyzstan's terrain is mountainous, which accommodates livestock raising, the largest agricultural activity, so the resulting wool, meat and dairy products are major commodities. Main crops include wheat, sugar beets, potatoes, cotton, tobacco, vegetables, and fruit. As the prices of imported agrichemicals and petroleum are so high, much farming is being done by hand and by horse, as it was generations ago. Agricultural processing is a key component of the industrial economy as well as one of the most attractive sectors for foreign investment.

Kyrgyzstan is rich in mineral resources but has negligible petroleum and natural gas reserves; it imports petroleum and gas. Among its mineral reserves are substantial deposits of coal, gold, uranium, antimony, and other valuable metals. Metallurgy is an important industry, and the government hopes to attract foreign investment in this field. The government has actively encouraged foreign involvement in extracting and processing gold. The country's plentiful water resources and mountainous terrain enable it to produce and export large quantities of hydroelectric energy.

On a local level, the economy is primarily kiosk in nature. A large amount of local commerce occurs at bazaars and small village kiosks in country regions. A significant amount of trade is unregulated. There is also a scarcity of common everyday consumer items in remote villages. Thus a large number of homes are quite self-sufficient with respect to food production. There is a distinct differentiation between urban and rural economies.

The principal exports are nonferrous metals and minerals, woolen goods and other agricultural products, electric energy and certain engineering goods. Imports include petroleum and natural gas, ferrous metals, chemicals, most machinery, wood and paper products, some foods and some construction materials. Its leading trade partners include Germany, Russia, China, Kazakhstan, and Uzbekistan.

Laos

ASIA

A French colony prior to 1953, Laos lies landlocked in southeast Asia. Heavily bombed during the Vietnam War, it fell in 1975 to communist insurgents, whose regime remains in power.

OFFICIAL NAME: Lao People's Democratic Republic
DATE OF FORMATION: 1953
CAPITAL: Vientiane
POPULATION: 6.8 million
TOTAL AREA: 91,428 sq. miles (236,800 sq. km)
DENSITY: 71 people per sq. mile
LANGUAGES: Lao*, Mon-Khmer, other
RELIGIONS: Buddhist 85%, other (including animist) 15%
ETHNIC MIX: Lao Loum 66%, Lao Theung 30%, Lao Soung 2%, other 2%
GOVERNMENT: One-party state
CURRENCY: New kip = 100 at

Geography

Laos is a landlocked country in Southeast Asia, lying mostly between latitudes 14° and 23°N (a small area is south of 14°), and longitudes 100° and 108°E. Its thickly forested landscape consists mostly of rugged mountains, the highest of which is Phou Bia at 2,818 metres (9,245 ft), with some plains and plateaus. The Mekong River forms a large part of the western boundary with Thailand, whereas the mountains of the Annamite Chain form most of the eastern border with Vietnam. The climate is tropical and monsoon.

There is a distinct rainy season from May to November, followed by a dry season from December to April. Local tradition holds that there are three seasons (rainy, cold and hot) as the latter two months of the climatologically defined dry season are noticeably hotter than the earlier four months. The capital and largest city of Laos is Vientiane and other major cities include Luang Prabang, Savannakhet and Pakse.

In 1993, the Laos government set aside 21% of the nation's land area for habitat conservation preservation. The country is one of four in the opium poppy growing region known as the "Golden Triangle". According to the October 2007 UNODC fact book "Opium Poppy Cultivation in South East Asia," the poppy cultivation area was 15 square kilometres (5.8 sq mi), down from 18 square kilometres (6.9 sq mi) in 2006.

Laos can be considered to consist of three geographical areas: north, central, and south.

Climate

Monsoon rains September–May. The rest of the year is hot and dry.

People & Society

There are over 60 ethnic groups. Lowland Laotians (Lao Loum) live along the Mekong River and are rice farmers. Upland and highland Laotians (Lao Theung and Lao Soung) traditionally employ environmentally damaging slash-and-burn farming, and grow illegal cash crops (notably opium). Government efforts to reform these practices are resisted.

Theravada Buddhism is a dominant influence in Lao culture. It is reflected throughout the country from language to the temple and in art, literature, performing arts, etc. Many elements of Lao culture predate Buddhism, however. For example, Laotian music is dominated by its national instrument, the khaen, a type of bamboo pipe that has prehistoric origins. The khaen traditionally accompanied the singer in lam, the dominant style of folk music. Among the various lam styles, the lam saravane is probably the most popular.

Sticky Rice is a characteristic staple food and has cultural and religious significance to the Lao people. Sticky rice is generally preferred over jasmine rice, and sticky rice cultivation and production is thought to have originated in Laos. There are many traditions and rituals associated with rice production in different environments, and among many ethnic groups. For example, Khammu farmers in Luang Prabang plant the rice variety Khao Kam in small quantities near the hut in memory of dead parents, or at the edge of the rice field to indicate that parents are still alive.

Economy

The Lao economy depends heavily on investment and trade with its neighbours, Thailand, Vietnam, and, especially in the north, China. Pakxe has also experienced growth based on cross-border trade with Thailand and Vietnam. In 2011, the Lao Securities Exchange began trading.

Subsistence agriculture still accounts for half of the GDP and provides 80 percent of employment. Only 4.01 percent of the country is arable land, and 0.34 percent used as permanent crop land, the lowest percentage in the Greater Mekong Subregion. Rice dominates agriculture, with about 80 percent of the arable land area used for growing rice. Approximately 77 percent of Lao farm households are self-sufficient in rice.

Through the development, release and widespread adoption of improved rice varieties, and through economic reforms, production has increased by an annual rate of 5 percent between 1990 and 2005, and Lao PDR achieved a net balance of rice imports and exports for the first time in 1999. Lao PDR may have the greatest number of rice varieties in the Greater Mekong Subregion. Since 1995 the Lao government has been working with the International Rice Research Institute to collect seed samples of each of the thousands of rice varieties found in Laos.

The economy receives development aid from the IMF, ADB and other international sources, and foreign direct investment for development of the society, industry, hydropower and mining, most notably copper and gold. Tourism is the fastest-growing industry in the country. Economic development in Laos has been hampered by brain drain, with a skilled emigration rate of 37.4 percent in 2000.

Laos is rich in mineral resources but imports petroleum and gas. Metallurgy is an important industry, and the government hopes to attract foreign investment to develop the substantial deposits of coal, gold, bauxite, tin, copper and other valuable metals. In addition, the country's plentiful water resources and mountainous terrain enable it to produce and export large quantities of hydroelectric energy. Of the potential capacity of approximately 18,000 megawatts, around 8,000 megawatts have been committed for exporting to Thailand and Vietnam.

The country's most widely recognised product may well be Beerlao which is exported to a number of countries including neighbours Cambodia and Vietnam. It is produced by the Lao Brewery Company.

The tourism sector has grown rapidly, from 80,000 international visitors in 1990, to 1.876 million in 2010. Tourism is expected to contribute US$679.1 million to gross national product in 2010, rising to US$1,585.7 million by 2020. In 2010, one in every 10.9 jobs was in the tourism sector. Export earnings from international visitors and tourism goods are expected to generate 15.5% of total exports or US$270.3 million in 2010, growing in nominal terms to US$484.2 million (12.5% of total) in 2020.

Laos has become popular with tourists for its relaxed style of living and reputation for having elements of the "original Asia" lost elsewhere. The official tourism slogan is "Simply Beautiful". The main attractions for tourists include Buddhist culture and colonial architecture in Luang Prabang; gastronomy and ancient temples in the capital of Vientiane; backpacking in Muang Ngoi Neua and Vang Vieng; ancient and modern culture and history in The Plain of Jars region (main article: Phonsavan); trekking and visiting hill tribes in a number of areas including Phongsaly and Luang Namtha; caves and waterfalls near Thakhek; relaxation, the Irrawaddy dolphin and Khone Phapheng Falls at Si Phan Don or as they are known in English, the Four Thousand Islands; Wat Phu, an ancient Khmer temple complex; and the Bolaven Plateau for waterfalls and coffee.

Luang Prabang and Wat Phu are both UNESCO World Heritage sites, with the Plain of Jars expected to join them once more work to clear UXO has been completed. Major festivals include Laos New Year which is celebrated around 13–15 April and involves a water festival similar but more subdued than that of Thailand and other South-East Asian countries.

The Lao National Tourism Administration, related government agencies and the private sector are working together to realise the vision put forth in the country's National Ecotourism Strategy and Action Plan. This includes decreasing the environmental and cultural impact of tourism; increasing awareness in the importance of ethnic groups and biological diversity; providing a source of income to conserve, sustain and manage the Lao protected area network and cultural heritage sites; and emphasising the need for tourism zoning and management plans for sites that will be developed as ecotourism destinations.

Latvia

EUROPE

Latvia lies on the east coast of the Baltic Sea. Like its Baltic neighbors, it regained independence from Moscow in 1991, and joined the EU and NATO in 2004.

OFFICIAL NAME: Republic of Latvia
DATE OF FORMATION: 1991
CAPITAL: Riga
POPULATION: 2.24 million
TOTAL AREA: 24,938 sq. miles (64,589 sq. km)
DENSITY: 90 people per sq. mile
LANGUAGES: Latvian*, Russian
RELIGIONS: Lutheran 55%, Catholic 24%, other 12%, Orthodox Christian 9%
ETHNIC MIX: Latvian 59%, Russian 29%, Belarussian 4%, Ukrainian 3%, Polish 3%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Lats = 100 santimi

Geography

Latvia lies mostly between latitudes 55° and 58° N (a small area is north of 58°), and longitudes 21° and 29° E (a small area is west of 21°).

Located on the eastern shore of the Baltic Sea, Latvia lies on the East European Plain. However, its vegetation is very different from the rest of the plain and shares many similarities with the boreal biome. It consists of fertile, low-lying plains, largely covered by forest, mostly pines, the highest point being the Gaiziņkalns at 311.6 m (1,022 ft).

Phytogeographically, Latvia is shared between the Central European and Northern European provinces of the Circumboreal Region within the Boreal Kingdom. According to the WWF, the territory of Latvia belongs to the ecoregion of Sarmatic mixed forests. The major rivers include the Daugava River, the Lielupe, the Gauja, the Venta, and the Salaca. An inlet of the Baltic Sea, the shallow Gulf of Riga is situated in the northwest of the country. Latvia's coastline extends for 531 kilometres.

Climate

The Latvian climate is humid, continental and temperate owing to the maritime influence of the Baltic Sea. Summers are warm, and the weather in spring and autumn is fairly mild; however, the winters can be extreme due to the northern location. Precipitation is common throughout the year with the heaviest rainfall in July. During severe spells of winter weather, Latvia is dominated by cold winds from the interior of Russia, and severe snowfalls are very common.

People & Society

Latvians make up just over half of the population and are mostly Lutheran. They have been officially favored by the state since 1991 over the largely Orthodox Christian Russian minority. Latvian was declared the only official language in 2000 and has been used exclusively in schools since 2004. This discrimination has strained relations with neighboring Russia. Women enjoy full equality. The divorce rate is high.

Latvia's population has been multiethnic for centuries, though the demographics shifted dramatically in the twentieth century due to the World Wars, the emigration and removal of Baltic Germans, the Holocaust, and occupation by the Soviet Union. According to the Russian Empire Census of 1897, Latvians formed 68.3% of the total population of 1.93 million; Russians accounted for 12%, Jews for 7.4%, Germans for 6.2%, and Poles for 3.4%.

Latvians and Livonians, the indigenous peoples of Latvia, now form about 59.49% of the population; 27.37% of the inhabitants are Russians, Belarusians 3.52%, Ukrainians 2.45%, Poles 2.31%, Lithuanians 1.32%, Jews 0.43%, Roma people 0.38%, Germans 0.2%, Estonians 0.1% and others 2.43%.

In some large cities, e.g. Riga, Daugavpils and Rēzekne, Russians and other minorities outnumber Latvians. Minorities from other countries such as Belarus, Ukraine, Poland, Lithuania, etc., also live in Latvia. The share of ethnic Latvians had fallen from 77% (1,467,035) in 1935 to 52% (1,387,757) in 1989. In 2005 there were even fewer Latvians than in 1989, though their share of the population was larger — 1,357,099 (60.% of the inhabitants).

Economy

Latvia is a member of the World Trade Organization (1999) and the European Union (2004).

Since the year 2000 Latvia has had one of the highest (GDP) growth rates in Europe. However, the chiefly consumption-driven growth in Latvia resulted in the collapse of the Latvian GDP in late 2008 and early 2009, exacerbated by the global economic crisis and shortage of credit. Latvian economy fell 18% in the first three months of 2009, the biggest fall in the European Union. According to Eurostat data, Latvian PPS GDP per capita stood at 56 per cent of the EU average in 2008.

This latest scenario has proven the earlier assumptions that the fast growing economy was heading for implosion of the economic bubble, because it was driven mainly by growth of domestic consumption, financed by a serious increase of private debt, as well as a negative foreign trade balance. The prices of real estate, which were at some points appreciating at approximately 5% a month, were long perceived to be too high for the economy, which mainly produces low-value goods and raw materials.

Latvia plans to introduce the Euro as the country's currency but, due to the inflation being above EMU's guidelines, the government's official target is now January 1, 2012. However in October 2007, with inflation above 11%, the head of the National Bank of Latvia suggested that 2013 may be a more realistic date.

Privatization in Latvia is almost complete. Virtually all of the previously state-owned small and medium companies have been successfully privatized, leaving only a small number of politically sensitive large state companies. Latvian privatization efforts have led to the development of a dynamic and prosperous private sector, which accounted for nearly 68% of GDP in 2000.

Foreign investment in Latvia is still modest compared with the levels in north-central Europe. A law expanding the scope for selling land, including to foreigners, was passed in 1997. Representing 10.2% of Latvia's total foreign direct investment, American companies invested $127 million in 1999. In the same year, the United States exported $58.2 million of goods and services to Latvia and imported $87.9 million. Eager to join Western economic institutions like the World Trade Organization, OECD, and the European Union, Latvia signed a Europe Agreement with the EU in 1995—with a 4-year transition period. Latvia and the United States have signed treaties on investment, trade, and intellectual property protection and avoidance of double taxation.

Lebanon

ASIA

Once a vibrant cultural hotspot, Lebanon suffered badly from years of civil war and occupation until a 1989 peace deal. Reconstruction was reversed by Israeli bombardment in 2006.

OFFICIAL NAME: Republic of Lebanon
DATE OF FORMATION: 1941
CAPITAL: Beirut
POPULATION: 4.22 million
TOTAL AREA: 4015 sq. miles (10,400 sq. km)
DENSITY: 1069 people per sq. mile
LANGUAGES: Arabic*, French, Armenian, Assyrian
RELIGIONS: Muslim 70%, Christian 30%
ETHNIC MIX: Arab 94%, Armenian 4%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Lebanese pound = 100 piastres

Geography

Lebanon is located in Western Asia, between latitudes 33° and 35° N, and longitudes 35° and 37° E. It is bordered by the Mediterranean Sea to the west along a 225-kilometre (140 mi) coastline, by Syria to the east and north, and by Israel to the south. The Lebanon-Syria border stretches for 375 kilometres (233 mi) and the Lebanon-Israel border for 79 kilometres (49 mi). The border with the Israeli-occupied Golan Heights is disputed by Lebanon in a small area called Shebaa Farms.

Most of Lebanon's area is mountainous terrain, except for the narrow coastline and the Beqaa Valley, which plays an integral role in Lebanon's agriculture. However, climate change and political differences threaten conflict over water resources in the Valley.

Lebanon has a moderate Mediterranean climate. In coastal areas, winters are generally cool and rainy whilst summers are hot and humid. In more elevated areas, temperatures usually drop below freezing during the winter with frequent, sometimes heavy snow; summers are warm and dry. Although most of Lebanon receives a relatively large amount of rainfall annually (compared to its arid surroundings), certain areas in north-eastern Lebanon receive little because of the high peaks of the western mountain front blocking much of the rain clouds that originate over the Mediterranean Sea.

In ancient times, Lebanon housed large forests of the Cedars of Lebanon, which now serve as the country's national emblem. However, centuries of trading cedar trees, used by mariners for boats, and the absence of any efforts to replant them have depleted the country's once-flourishing cedar forests.

Late Cretaceous fish fossils beds of Lebanon are world famous, and are in the top twenty or thirty such location around the world.

Climate

Lebanon has a Mediterranean climate characterized by a long, hot, and dry summer, and cool, rainy winter. Fall is a transitional season with a gradual lowering of temperature and little rain; spring occurs when the winter rains cause the vegetation to revive. Topographical variation creates local modifications of the basic climatic pattern. Along the coast, summers are hot and humid, with little or no rain. Heavy dews form, which are beneficial to agriculture. The daily range of temperature is not wide. A west wind provides relief during the afternoon and evening; at night the wind direction is reversed, blowing from the land out to sea.

Winter is the rainy season, with major precipitation falling after December. Rainfall is generous but is concentrated during only a few days of the rainy season, falling in heavy cloudbursts. The amount of rainfall varies greatly from one year to another. Occasionally, there are frosts during the winter, and about once every fifteen years a light powdering of snow falls as far south as Beirut. A hot wind blowing from the Egyptian desert called the khamsin (Arabic for "fifty"), may provide a warming trend during the fall, but more often occurs during the spring. Bitterly cold winds may have come from Europe. Along the coast the proximity to the sea provides a moderating influence on the climate, making the range of temperatures narrower than it is inland, but the temperatures are cooler in the northern parts of the coast where there is also more rain.

In the Lebanon Mountains the gradual increase in altitude produces colder winters with more precipitation and snow. The summers have a wider daily range of temperatures and less humidity. In the winter, frosts are frequent and snows heavy; in fact, snow covers the highest peaks for much of the year. In the summer, temperatures may rise as high during the daytime as they do along the coast, but they fall far lower at night. Inhabitants of the coastal cities, as well as visitors, seek refuge from the oppressive humidity of the coast by spending much of the summer in the mountains, where numerous summer resorts are located. Both the khamsin and the north winter wind are felt in the Lebanon Mountains. The influence of the Mediterranean Sea is abated by the altitude and, although the precipitation is even higher than it is along the coast, the range of temperatures is wider and the winters are more severe.

The Biqa Valley and the Anti-Lebanon Mountains are shielded from the influence of the sea by the Lebanon Mountains. The result is considerably less precipitation and humidity and a wider variation in daily and yearly temperatures. The khamsin does not occur in the Biqa Valley, but the north winter wind is so severe that the inhabitants say it can "break nails." Despite the relatively low altitude of the Biqa Valley (the highest point of which, near Baalbek, is only 1,100 meters / 3,609 feet) more snow falls there than at comparable altitudes west of the Lebanon Mountains.

Because of their altitudes, the Anti-Lebanon Mountains receive more precipitation than the Biqa Valley, despite their remoteness from maritime influences. Much of this precipitation appears as snow, and the peaks of the Anti-Lebanon, like those of the Lebanon Mountains, are snow-covered for much of the year. Temperatures are cooler than in the Biqa Valley.

The Biqa Valley is watered by two rivers that rise in the watershed near Baalbek: the Orontes flowing north (in Arabic it is called Nahr al Asi, "the Rebel River", because this direction is unusual), and the Litani flowing south into the hill region of the southern Biqa Valley, where it makes an abrupt turn to the west in southern Lebanon and is thereafter called the Al Qasmiyah River. The Orontes continues to flow north into Syria and eventually reaches the Mediterranean in Turkey. Its waters, for much of its course, flow through a channel considerably lower than the surface of the ground. The Nahr Barada, which waters Damascus, has as its source a spring in the Anti-Lebanon Mountains.

Smaller springs and streams serve as tributaries to the principal rivers. Because the rivers and streams have such steep gradients and are so fast moving, they are erosive instead of depository in nature. This process is aided by the soft character of the limestone that composes much of the mountains, the steep slopes of the mountains, and the heavy rainstorms. The only permanent lake is Buhayrat al Qirawn, about ten kilometers east of Jezzine. There is one seasonal lake, fed by springs, on the eastern slopes of the Lebanon Mountains near Yammunah, about 40 kilometres (25 mi) southeast of Tripoli.

People & Society

Politics has long been dominated by divisions between Sunni and Shi'a Muslims and the traditional ruling Maronite Christians. Power-sharing ended 14 years of civil war in 1989. Syria acted as power broker until made to withdraw in 2005. Israel attacked in 2006 in a botched bid to crush Iranian-backed Hezbollah militants. A huge gulf exists between the poor and a small, immensely rich elite. Lebanon hosts 420,000 Palestinian refugees.

The area including modern Lebanon has been home to various civilizations and cultures for thousands of years. Originally home to the Phoenicians, and then subsequently conquered and occupied by the Assyrians, the Persians, the Greeks, the Romans, the Arabs, the Crusaders, the Ottoman Turks and most recently the French, Lebanese culture has over the millennia evolved by borrowing from all of these groups. Lebanon's diverse population, composed of different ethnic and religious groups, has further contributed to the country's festivals, musical styles and literature as well as cuisine. When compared to the rest of the Southwest Asia, Lebanese society as a whole is well educated and, as of 2003, 87.4% of the population was literate. Lebanese society is very modern and similar to certain cultures of Mediterranean Europe. It is often considered as Europe's gateway to Western Asia as well as Asia's gateway to the Western World.

Economy

The urban population in Lebanon is noted for its commercial enterprise.Over the course of time, emigration has yielded Lebanese "commercial networks" throughout the world. As a result, remittances from Lebanese abroad to family members within the country total $8.2 billion and account for one fifth of the country's economy. Lebanon has the largest proportion of skilled labor among Arab States.

Although Lebanon is ideally suited for agricultural activities in terms of water availability and soil fertility, as it possesses the highest proportion of cultivable land in the Arabic speaking world, it does not have a large agricultural sector. Attracting only 12% of the total workforce, agriculture is the least popular economic sector in Lebanon. It contributes approximately 11.7% of the country's GDP, also placing it in the lowest rank compared to other economic sectors. Major produce includes apples, peaches, oranges, and lemons.

Industry in Lebanon is mainly limited to small businesses that reassemble and package imported parts. In 2004, industry ranked second in workforce, with 26% of the Lebanese working population, and second in GDP contribution, with 21% of Lebanon's GDP.

A combination of beautiful climate, many historic landmarks and World Heritage Sites continues to attract large numbers of tourists to Lebanon. In addition, Lebanon's strict financial secrecy and capitalist economy have given it significant, though no longer dominant, economic status among Arab countries. The thriving tourism and banking activities have naturally made the services sector the most important pillar of the Lebanese economy. The majority of the Lebanese workforce (nearly 65%) attains employment in the services sector as a result of the abundant job opportunities. The GDP contribution, accordingly, amounts to roughly 67.3% of the annual Lebanese GDP. However, dependence on the tourism and banking sectors leaves the economy vulnerable to political instability.

The 1975–1990 civil war heavily damaged Lebanon's economic infrastructure, cut national output by half, and all but ended Lebanon's position as a West Asian entrepôt and banking hub. The subsequent period of relative peace enabled the central government to restore control in Beirut, begin collecting taxes, and regain access to key port and government facilities. Economic recovery has been helped by a financially sound banking system and resilient small- and medium-scale manufacturers, with family remittances, banking services, manufactured and farm exports, and international aid as the main sources of foreign exchange.

Until the 2006 Lebanon War, Lebanon's economy witnessed excellent growth, with bank assets reaching over 75 billion US dollars, By the end of the first half of 2006, the influx of tourists to Lebanon had already registered a 49.3% increase over 2005 figures (which was a low figure, making the 49.3% increase seem more spectacular than it was). Market capitalization was also at an all time high, estimated at $10.9 billion at the end of the second quarter of 2006, just weeks before the fighting started.

The war severely damaged Lebanon's fragile economy, especially the tourism sector. According to a preliminary report published by the Lebanese Ministry of Finance on 30 August 2006, a major economic decline was expected as a result of the fighting.

Rafiq Hariri International Airport re-opened in September 2006, and the efforts to revive the Lebanese economy have proceeded at a slow pace. Major contributors to the reconstruction of Lebanon include Saudi Arabia (with US$ 1.5 billion pledged), the European Union (with about $1 billion) and a few other Persian Gulf countries with contributions of up to $800 million.

According to the CIA World Factbook, Lebanon's 2010 public debt exceeded 150.7% of GDP, ranking fourth highest in the world as a percentage of GDP, though down from 154.8% in 2009. Finance minister Mohammad Chatah stated that the debt reached $47 billion in 2008 and would increase to $49 billion if privatization of two telecoms companies did not occur. The Daily Star wrote that exorbitant debt levels have "slowed down the economy and reduced the government's spending on essential development projects."

Given the frequent security turmoil it has faced, the Lebanese banking system has adopted a conservative approach, with strict regulations imposed by the central bank to protect the economy from political instability. These regulations have generally left Lebanese banks unscathed by the Financial crisis of 2007–2010. Lebanese banks remain, under the current circumstances, high on liquidity and reputed for their security. Consequently, Lebanon is one of the only seven countries in the world in which the value of the stock markets increased in 2008. Moreover, in 2009, Lebanon hosted the largest number of tourists to date, eclipsing the previous record set before the Lebanese Civil War. The Lebanese economy grew 8.5 percent in 2008 and a revised 9 percent in 2009 despite a global recession. Furthermore, the World Bank estimated GDP growth in 2010 to be seven percent. As of 31 August 2010, The Daily Star reported that The Economist Intelligence Unit (EIU) has released an updated outlook on the Lebanese economy, predicting real gross domestic produce (GDP) growth would reach 6.8 percent in 2010 and 5.8 percent in 2011.

Oil has recently been discovered inland and in the seabed between Lebanon, Cyprus, Israel and Egypt and talks are underway between Cyprus and Egypt to reach an agreement regarding the exploration of these resources.The seabed separating Lebanon and Cyprus is believed to hold significant quantities of crude oil and natural gas.

To boost the economy and increase foreign direct investments, the Lebanese government has established a national investment promotion agency, IDAL, the Investment Development Authority of Lebanon in 1994. It was established with the aim of promoting Lebanon as a key investment destination, and attracting facilitating, and retaining investments in the country. In 2001, Investment Law No.360 was enacted to reinforce the organisation's mission, providing a framework for regulating investment activities in Lebanon, and providing local and foreign investors alike with a range of incentives and business support services. In addition to its role as an investment promotion agency, IDAL was entrusted with the active promotion and marketing of Lebanese exports including but not limited to agricultural and agro-industrial products. IDAL enjoys financial and administrative autonomy and reports to the President of the Council of Ministers who exercises a tutorial authority over it.

Lesotho

AFRICA

The landlocked Kingdom of Lesotho is entirely surrounded by – and economically dependent on – South Africa, which even sent in troops to restore calm after rioting in 1998.

OFFICIAL NAME: Kingdom of Lesotho
DATE OF FORMATION: 1966
CAPITAL: Maseru
POPULATION: 2.06 million
TOTAL AREA: 11,720 sq. miles (30,355 sq. km)
DENSITY: 176 people per sq. mile
LANGUAGES: English*, Sesotho*, isiZulu
RELIGIONS: Christian 90%, traditional beliefs 10%
ETHNIC MIX: Sotho 97%, European and Asian 3%
GOVERNMENT: Parliamentary system
CURRENCY: Loti = 100 lisente

Geography

Lesotho is a mountainous, landlocked country located in Southern Africa. It is an enclave, completely surrounded by South Africa. The total length of the country's borders is 909 kilometres (565 mi). Lesotho covers an area of around 30,355 square kilometres (11,720 sq mi), of which a negligible percentage is covered with water.

The most notable geographic fact about Lesotho, apart from its status as an enclave, is that it is the only independent state in the world that lies entirely above 1,000 metres (3,281 ft) in elevation. Its lowest point is at 1,400 metres (4,593 ft), the highest lowest point of any country. Because of its elevation, the country's climate is cooler than in most other regions at the same latitude. Its climate zone can be classified as continental.

Lesotho can be roughly divided into three geographic regions: the lowlands, following the southern banks of the Caledon River, and in the Senqu river valley; the highlands formed by the Drakensberg and Maloti mountain ranges in the east and central parts of the country; and the foothills that form a divide between the lowlands and the highlands. The lowest elevation in the country is at the junction of the Makhaleng and Orange (Senqu) rivers (at the South African border), which at 1,400 metres (4,593 ft) is the highest lowest point of any country. Lesotho is the only independent state in the world that lies entirely above 1,000 metres (3,281 ft) in elevation. The highest point is the peak of the Thabana Ntlenyana mountain, which reaches an elevation of 3,482 metres (11,424 ft). Over 80% of Lesotho lies above 1,800 metres (5,906 ft).

Even though very little of Lesotho is covered in water, the rivers that run across the country are an important part of Lesotho's economy. Much of the country's export income comes from water, and much of its power comes from hydroelectricity. The Orange River rises in the Drakensberg mountains in northeastern Lesotho and flows across the entire length of the country before exiting to South Africa at the Mohale's Hoek District in the southwest. The Caledon River marks the northwestern part of the border with South Africa. Other rivers include the Malibamatso, Matsoku and Senqunyane.

The bedrock of Lesotho belongs to the Karoo Supergroup, consisting mostly of shale and sandstone. Peatlands can be found in the highlands of Lesotho, most extensively in the mountainous escarpment near the country's eastern border. The summit of Thabana Ntlenyana is partially encircled by bogs.

Climate

Because of its altitude, the country remains cooler throughout the year than most other regions at the same latitude. Lesotho has a continental climate, with hot summers and cold winters. Maseru and its surrounding lowlands often reach 30 °C (86 °F) in the summer. Winters can be cold with the lowlands getting down to −7 °C (19.4 °F) and the highlands to −18 °C (−0.4 °F) at times.

The yearly precipitation varies from around 600 millimetres (23.6 in) in the lowland valleys to around 1,200 millimetres (47.2 in) in areas of the northern and eastern escarpment bordering South Africa. Most of the rain falls as summer thunderstorms: 85% of the annual precipitation falls between the months of October and April. The winters—between May and September—are usually relatively dry. Snow is common in the deserts and low valleys between May and September; the higher peaks can experience snowfall year-round. There is much yearly variance in the amounts of rainfall, which leads to periodic droughts.

People & Society

The overwhelming majority of people are Sotho, though there are some South Asians, Europeans, and Chinese. A strong sense of national identity has tended to minimize ethnic tensions. Many men work as migrant laborers in South Africa, leaving women to run households.

Economy

Lesotho's economy is based on diamonds exported all over the world and water sold to South Africa, manufacturing, agriculture, livestock, and to some extent the earnings of laborers employed in South Africa. Lesotho also exports wool, mohair, clothing, and footwear. One of Levi's jeans manufacturing facilities is located there. Also in Lesotho is one of Russell Athletic plants. Lesotho is geographically surrounded by South Africa and economically integrated with it as well. The majority of households subsist on farming or migrant labor, primarily miners who remain in South Africa for 3 to 9 months. The western lowlands form the main agricultural zone. Almost 50% of the population earns some income through crop cultivation or animal husbandry, with over half the country's income coming from the agricultural sector.

Water and diamonds are Lesotho's significant natural resources. Water is utilized through the 21-year, multi-billion-dollar Lesotho Highlands Water Project (LHWP), under the authority of the Lesotho Highlands Development Authority. The project commenced in 1986. The LHWP is designed to capture, store, and transfer water from the Orange River system to South Africa's Free State and greater Johannesburg area, which features a large concentration of South African industry, population, and agriculture. Completion of the first phase of the project has made Lesotho almost completely self-sufficient in the production of electricity and generated approximately $40 million (R300 million or 300 million Maloti) annually from the sale of electricity and water to South Africa. The World Bank, African Development Bank, European Investment Bank, and many other bilateral donors financed the project. Lesotho has taken advantage of the African Growth and Opportunity Act (AGOA) to become the largest exporter of garments to the US from sub-Saharan Africa. Exports totaled over $320 million in 2002. Employment reached over 50,000, marking the first time that manufacturing sector workers outnumbered government employees.

In 1957, a South African adventurer, colonel Jack Scott, accompanied by a young man named Keith Whitelock, set out prospecting for diamonds. They found their diamond mine at 3,100 m altitude, on top of the Maluti Mountains in northeastern Lesotho, some 70 km from Mokhotlong at Letseng. In 1967, a fabulous 601-carat (120 g) diamond (Lesotho Brown) was discovered in the mountains by a Mosotho woman. In August 2006, a 603-carat (121 g) white diamond (Lesotho Promise) was discovered at the Letseng-la-Terae mine. Another 478-carat (96 g) diamond was discovered at the same location in 2008.

The official currency is the loti (plural: maloti), but can be used interchangeably with the South African rand. Lesotho, Swaziland, Namibia, and South Africa also form a common currency and exchange control area known as the Common Monetary Area (CMA). The loti is at par with the rand, while one hundred lisente equal one loti.

Lesotho is a member of the Southern African Customs Union (SACU), in which tariffs have been eliminated on the trade of goods between other member countries Botswana, Namibia, South Africa, and Swaziland.

Lesotho has received economic aid from a variety of sources, including the United States, the World Bank, Ireland, the United Kingdom, the European Union, and Germany.

Liberia

AFRICA

Liberia, on Africa's Atlantic coast, was founded as a republic of freed slaves. A brutal coup in 1980 and years of civil war have left gang violence and looting widespread.

OFFICIAL NAME: Republic of Liberia
DATE OF FORMATION: 1847
CAPITAL: Monrovia
POPULATION: 3.78 million
TOTAL AREA: 43,000 sq. miles (111,370 sq. km)
DENSITY: 106 people per sq. mile
LANGUAGES: Kpelle, Vai, Bassa, Kru, Grebo, Kissi, Gola, Loma, English*
RELIGIONS: Christian 68%, traditional beliefs 18%, Muslim 14%
ETHNIC MIX: Indigenous tribes (16 main groups) 95%, Americo-Liberians 5%
GOVERNMENT: Presidential system
CURRENCY: Liberian dollar = 100 cents

Geography

Liberia is situated in West Africa, bordering the North Atlantic Ocean to the country's southwest. It lies between latitudes 4° and 9°N, and longitudes 7° and 12°W.

The landscape is characterized by mostly flat to rolling coastal plains that contain mangroves and swamps, which rise to a rolling plateau and low mountains in the northeast. Tropical rainforests cover the hills, while elephant grass and semi-deciduous forests make up the dominant vegetation in the northern sections. The equatorial climate is hot year-round with heavy rainfall from May to October with a short interlude in mid-July to August. During the winter months of November to March, dry dust-laden harmattan winds blow inland, causing many problems for residents.

Liberia's watershed tends to move in a southwestern pattern towards the sea as new rains move down the forested plateau off the inland mountain range of Guinée Forestière, in Guinea. Cape Mount near the border with Sierra Leone receives the most precipitation in the nation. The country's main northwestern boundary is traversed by the Mano River while its southeast limits are bounded by the Cavalla River. Liberia's three largest rivers are St. Paul exiting near Monrovia, the river St. John at Buchanan and the Cestos River, all of which flow into the Atlantic. The Cavalla is the longest river in the nation at 320 miles (515 km).

The highest point wholly within Liberia is Mount Wuteve at 4,724 feet (1,440 m) above sea level in the northwestern Liberia range of the West Africa Mountains and the Guinea Highlands. However, Mount Nimba near Yekepa, is higher at 5,748 feet (1,752 m) above sea level but is not wholly within Liberia as Nimba shares a border with Guinea and Côte d'Ivoire (Ivory Coast) and is their tallest mountain as well.

Climate

Liberia has a tropical climate. This means it is hot and humid throughout much of the year. The seasons are split into dry winters with hot days and cool to cold nights and wet, cloudy summers with frequent and heavy showers.

People & Society

The key social distinction used to be between Americo-Liberians – descendants of freed slaves – and the indigenous tribal peoples. However, political assimilation and intermarriage have eased tensions. Intertribal tension is now a much more serious problem, fueling the civil war which ravaged the country from 1990 to 2003.

31 indigenous languages are spoken within Liberia, none of which are a first language to more than a small percentage of the population. English is the official language and serves as the lingua franca of the country. Liberians speak a variety of dialects collectively known as Liberian English.

Liberia has a long, rich history in textile arts and quilting, as the settlers brought with them their sewing and quilting skills. Liberia hosted National Fairs in 1857 and 1858 in which prizes were awarded for various needle arts. One of the most well-known Liberian quilters was Martha Ann Ricks, who presented a quilt featuring the famed Liberian coffee tree to Queen Victoria in 1892. When President Ellen Johnson Sirleaf moved into the Executive Mansion, she reportedly had a Liberian-made quilt installed in her presidential office.

Economy

Liberia is one of the world's poorest countries, with a formal employment rate of only 15%. In 2010, the country's nominal GDP was US$974 million, while nominal GDP per capita stood at US$226, the third-lowest in the world. Historically, the Liberian economy has depended heavily on foreign aid, foreign direct investment and exports of natural resources such as iron ore, rubber and timber.

Following a peak in growth in 1979, the Liberian economy began a steady decline due to economic mismanagement following the 1980 coup. This decline was accelerated by the outbreak of civil war in 1989; GDP was reduced by an estimated 90% between 1989 and 1995, one of the fastest declines in history. Upon the end of the war in 2003, GDP growth began to accelerate, reaching 9.4% in 2007. The global financial crisis slowed GDP growth to 4.6% in 2009, though a strengthening agricultural sector led by rubber and timber exports increased growth to 5.1% in 2010 and an expected 7.3% in 2011, making the economy one of the 20 fastest growing in the world. Current impediments to growth include a small domestic market, lack of adequate infrastructure, high transportation costs, poor trade links with neighboring countries and the high dollarization of the economy. Liberia used the United States dollar as its currency from 1943 until 1982 and continues to use the U.S. dollar alongside the Liberian dollar. Following a decrease in inflation beginning in 2003, inflation spiked in 2008 as a result of worldwide food and energy crises, reaching 17.5% before declining to 7.4% in 2009. Liberia's external debt was estimated in 2006 at approximately $4.5 billion, 800% of GDP. As a result of bilateral, multilateral and commercial debt relief from 2007–2010, the country's external debt fell to $222.9 million by 2011.

While official commodity exports declined during the 1990s as many investors fled the civil war, Liberia's wartime economy featured the exploitation of the region's diamond wealth. The country acted as a major trader in Sierra Leonian blood diamonds, exporting over US$300 million in diamonds in 1999. This led to a United Nations ban on Liberian diamond exports in 2001, which was lifted in 2007 following Liberia's accession to the Kimberley Process Certification Scheme. In 2003, additional UN sanctions were placed on Liberian timber exports, which had risen from US$5 million in 1997 to over US$100 million in 2002 and were believed to be funding rebels in Sierra Leone. These sanctions were lifted in 2006. Due in large part to foreign aid and investment inflow following the end of the war, Liberia maintains a large account deficit, which peaked at nearly 60% in 2008. Liberia gained observer status with the World Trade Organization in 2010 and is in the process of acquiring full member status.

Liberia has the highest ratio of foreign direct investment to GDP in the world, with US$16 billion in investment since 2006. Following the inauguration of the Sirleaf administration in 2006, the country signed several multi-billion dollar concession agreements in the iron ore and palm oil industries with numerous multinational corporations, including BHP Billiton, ArcelorMittal, and Sime Darby. The Firestone Tire and Rubber Company has operated the world's largest rubber plantation in Liberia since 1926. Liberia has also begun exploration for offshore oil; unproven oil reserves may be in excess of one billion barrels. The government divided its offshore waters into 17 blocks and began auctioning off exploration licenses for the blocks in 2004, with further auctions in 2007 and 2009. An additional 13 ultra-deep offshore blocks were demarcated in 2011 and planned for auction. Among the companies to have won licenses are Repsol, Chevron, Anadarko and Woodside Petroleum.

Due to its status as a flag of convenience, the country has the second-largest maritime registry in the world behind Panama, with 3,500 vessels registered under its flag accounting for 11% of ships worldwide.

Libya

AFRICA

Situated on north Africa's Mediterranean coast, Libya was declared a revolutionary state in 1969 by Colonel Gaddafi, who promotes Islam, African unity, and a communal lifestyle.

OFFICIAL NAME: Great Socialist People's Libyan Arab Jamahariyah
DATE OF FORMATION: 1951
CAPITAL: Tripoli
POPULATION: 6.6 million
TOTAL AREA: 679,358 sq. miles (1,759,540 sq. km)
DENSITY: 9 people per sq. mile
LANGUAGES: Arabic*, Tuareg
RELIGIONS: Muslim (mainly Sunni) 97%, other 3%
ETHNIC MIX: Arab and Berber 95%, other 5%
GOVERNMENT: Provisional government
CURRENCY: Libyan dinar = 1000 dirhams

Geography

Libya extends over 1,759,540 square kilometres (679,362 sq mi), making it the 17th largest nation in the world by size. Libya is somewhat smaller than Indonesia in land area, and roughly the size of the US state of Alaska. It is bound to the north by the Mediterranean Sea, the west by Tunisia and Algeria, the southwest by Niger, the south by Chad and Sudan and to the east by Egypt. Libya lies between latitudes 19° and 34°N, and longitudes 9° and 26°E.

At 1,770 kilometres (1,100 mi), Libya's coastline is the longest of any African country bordering the Mediterranean. The portion of the Mediterranean Sea north of Libya is often called the Libyan Sea. The climate is mostly dry and desertlike in nature. However, the northern regions enjoy a milder Mediterranean climate.

Natural hazards come in the form of hot, dry, dust-laden sirocco (known in Libya as the gibli). This is a southern wind blowing from one to four days in spring and autumn. There are also dust storms and sandstorms. Oases can also be found scattered throughout Libya, the most important of which are Ghadames and Kufra.

The Libyan Desert, which covers much of Libya, is one of the most arid places on earth. In places, decades may pass without rain, and even in the highlands rainfall seldom happens, once every 5–10 years. At Uweinat, as of 2006 the last recorded rainfall was in September 1998. There is a large depression, the Qattara Depression, just to the south of the northernmost scarp, with Siwa Oasis at its western extremity. The depression continues in a shallower form west, to the oases of Jaghbub and Jalo.

Likewise, the temperature in the Libyan desert can be extreme; on September 13, 1922 the town of Al 'Aziziyah, which is located southwest of Tripoli, recorded an air temperature of 57.8 °C (136.0 °F), generally accepted as the highest recorded naturally occurring air temperature reached on Earth.

There are a few scattered uninhabited small oases, usually linked to the major depressions, where water can be found by digging to a few feet in depth. In the west there is a widely dispersed group of oases in unconnected shallow depressions, the Kufra group, consisting of Tazerbo, Rebianae and Kufra. Aside from the scarps, the general flatness is only interrupted by a series of plateaus and massifs near the centre of the Libyan Desert, around the convergence of the Egyptian-Sudanese-Libyan borders.

Slightly further to the south are the massifs of Arkenu, Uweinat and Kissu. These granite mountains are ancient, having formed long before the sandstones surrounding them. Arkenu and Western Uweinat are ring complexes very similar to those in the Aïr Mountains. Eastern Uweinat (the highest point in the Libyan Desert) is a raised sandstone plateau adjacent to the granite part further west. The plain to the north of Uweinat is dotted with eroded volcanic features. With the discovery of oil in the 1950s also came the discovery of a massive aquifer underneath much of the country. The water in this aquifer pre-dates the last ice ages and the Sahara desert itself. The country is also home to the Arkenu craters, double impact craters found in the desert.

Climate

Within Libya as many as five different climatic zones have been recognized, but the dominant climatic influences are Mediterranean and Saharan. In most of the coastal lowland, the climate is Mediterranean, with warm summers and mild winters. Rainfall is scanty. The weather is cooler in the highlands, and frosts occur at maximum elevations. In the desert interior the climate has very hot summers and extreme diurnal temperature ranges. The highest official temperature ever recorded was on September 13, 1922 at Al 'Aziziyah, Libya, but that reading is queried.

Less than 2% of the national territory receives enough rainfall for settled agriculture, the heaviest precipitation occurring in the Jabal al Akhdar zone of Cyrenaica, where annual rainfall of 400 to 600 millimeters (15.7 to 23.6 in) is recorded. All other areas of the country receive less than 400 millimeters (15.7 in), and in the Sahara 50 millimeters (1.97 in) or less occurs. Rainfall is often erratic, and a pronounced drought may extend over two seasons. For example, epic floods in 1945 left Tripoli underwater for several days, but two years later an unprecedentedly severe drought caused the loss of thousands of head of cattle.

Deficiency in rainfall is reflected in an absence of permanent rivers or streams, and the approximately twenty perennial lakes are brackish or salty. In 1987 these circumstances severely limited the country's agricultural potential as a basis for the sound and varied economy Gaddafi sought to establish. The allocation of limited water is considered of sufficient importance to warrant the existence of the Secretariat of Dams and Water Resources, and damaging a source of water can be punished by a heavy fine or imprisonment.

The government has constructed a network of dams in wadis, dry watercourses that become torrents after heavy rains. These dams are used both as water reservoirs and for flood and erosion control. The wadis are heavily settled because soil in their bottoms is often suitable for agriculture, and the high water table in their vicinity makes them logical locations for digging wells. In many wadis, however, the water table is declining at an alarming rate, particularly in areas of intensive agriculture and near urban centers. The government has expressed concern over this problem and because of it has diverted water development projects, particularly around Tripoli, to localities where the demand on underground water resources is less intense. It has also undertaken extensive reforestation projects.

People & Society

Most Libyans are of Arab and Berber origin. Once a nation of nomads and livestock herders, it is almost 80% urban. Revolution wiped out private enterprise and the middle classes. Jews and European settlers were banished. Years of political marginalization and sanctions ended after Libya offered compensation for terrorist bombings. The voluntary ending of its Weapons of Mass Destruction (WMD) program was also welcomed by the West.

Fareed Zakaria said in 2011 that "The unusual thing about Libya is that it's a very large country with a very small population, but the population is actually concentrated very narrowly along the coast." Population density is about 50 persons per km² (130/sq. mi.) in the two northern regions of Tripolitania and Cyrenaica, but falls to less than one person per km² (2.6/sq. mi.) elsewhere. Ninety percent of the people live in less than 10% of the area, primarily along the coast. About 88% of the population is urban, mostly concentrated in the three largest cities, Tripoli, Benghazi and Misrata. Libya has a population of about 6.5 million, around half of whom are under the age of 15. In 1984 the population reached 3.6 million and was growing at about 4% a year, one of the highest rates in the world. The 1984 population total was an increase from the 1.54 million reported in 1964

Economy

The Libyan economy depends primarily upon revenues from the oil sector, which constitute practically all export earnings and about one-quarter of gross domestic product (GDP). The discovery of the oil and natural gas reserves in the country in 1959 led to the transformation of Libya's economy from a poor country to (then) Africa's richest. The World Bank defines Libya as an 'Upper Middle Income Economy', along with only seven other African countries. In the early 1980s, Libya was one of the wealthiest countries in the world; its GDP per capita was higher than that of developed countries such as Italy, Singapore, South Korea, Spain and New Zealand.

Today, high oil revenues and a small population give Libya one of the highest GDPs per capita in Africa and have allowed the Libyan state to provide an extensive level of social security, particularly in the fields of housing and education. Many problems still beset Libya's economy however; unemployment is the highest in the region at 21%, according to the latest census figures.

Compared to its neighbors, Libya enjoys a low level of both absolute and relative poverty. Libyan officials in the past six years have carried out economic reforms as part of a broader campaign to reintegrate the country into the global capitalist economy. This effort picked up steam after UN sanctions were lifted in September 2003, and as Libya announced in December 2003 that it would abandon programs to build weapons of mass destruction.

Libya has begun some market-oriented reforms. Initial steps have included applying for membership of the World Trade Organization, reducing subsidies, and announcing plans for privatization. Authorities have privatized more than 100 government owned companies since 2003 in industries including oil refining, tourism and real estate, of which 29 are 100% foreign owned. The non-oil manufacturing and construction sectors, which account for about 20% of GDP, have expanded from processing mostly agricultural products to include the production of petrochemicals, iron, steel and aluminum.

Climatic conditions and poor soils severely limit agricultural output, and Libya imports about 75% of its food. Water is also a problem, with some 28% of the population not having access to safe drinking water in 2000. The Great Manmade River project is tapping into vast underground aquifers of fresh water discovered during the quest for oil, and is intended to improve the country's agricultural output.

Under the previous Prime Minister, Shukri Ghanem, and current Prime Minister Baghdadi Mahmudi, Libya is undergoing a business boom. Many government-run industries are being privatized. Many international oil companies have returned to the country, including oil giants Shell and ExxonMobil.

Tourism is on the rise, bringing increased demand for hotel accommodation and for capacity at airports such as Tripoli International. A multi-million dollar renovation of Libyan airports was approved in 2006 by the government to help meet such demands. At present 130,000 people visit the country annually; the Libyan government hopes to increase this figure to 10,000,000 tourists. However there is little evidence to suggest the current administration is taking active steps to meet this figure. Libya has long been a notoriously difficult country for western tourists to visit due to stringent visa requirements. Since the 2011 protests there has been revived hope that an open society will encourage the return of tourists. Saif al-Islam al-Gaddafi, the second-eldest son of Muammar Gaddafi, is involved in a green development project called the Green Mountain Sustainable Development Area, which seeks to bring tourism to Cyrene and to preserve Greek ruins in the area.

In August 2011, Ahmed Jehani, head of the Libyan Stabilisation Team appointed by the rebel National Transition Council, estimated it would take at least 10 years to rebuild Libya's infrastructure. He also noted that Libya's infrastructure was in a poor state, even before the 2011 civil war due to "utter neglect" by Gaddafi's administration.

Liechtenstein

EUROPE

Perched in the Alps between Switzerland and Austria, the state of Liechtenstein became an independent principality of the Holy Roman Empire in 1719. It has close links with Switzerland.

OFFICIAL NAME: Principality of Liechtenstein
DATE OF FORMATION: 1719
CAPITAL: Vaduz
POPULATION: 35,789
TOTAL AREA: 62 sq. miles (160 sq. km)
DENSITY: 565 people per sq. mile
LANGUAGES: German*, Italian, Alemannish dialect
RELIGIONS: Catholic 81%, other 19%
ETHNIC MIX: Liechtensteiner 66%, other 18%, Swiss 10%, Austrian 6%
GOVERNMENT: Parliamentary system
CURRENCY: Swiss franc = 100 centimes

Geography

Liechtenstein is situated in the Upper Rhine valley of the European Alps and is bordered to the east by Austria and to the south and west by Switzerland. The entire western border of Liechtenstein is formed by the Rhine. Measured south to north the country is about 24 km (15 mi) long. Its highest point, the Grauspitz, is 2,599 m (8,527 ft). Despite its Alpine location, prevailing southerly winds make the climate of Liechtenstein comparatively mild. In winter, the mountain slopes are well suited to winter sports.

New surveys using more accurate measurements of the country's borders in 2006 have set its area at 160 km^2 (61.776 sq mi), with borders of 77.9 km (48.4 mi). Thus, Liechtenstein discovered in 2006 that its borders are 1.9 km (1.2 mi) longer than previously thought.

Liechtenstein is one of only two doubly landlocked countries in the world — being a landlocked country wholly surrounded by other landlocked countries (the other is Uzbekistan). Liechtenstein is the sixth-smallest independent nation in the world by land area.

The principality of Liechtenstein is divided into 11 communes called Gemeinden (singular Gemeinde). The Gemeinden mostly consist only of a single town or village. Five of them (Eschen, Gamprin, Mauren, Ruggell, and Schellenberg) fall within the electoral district Unterland (the lower county), and the remainder (Balzers, Planken, Schaan, Triesen, Triesenberg, and Vaduz) within Oberland (the upper county).

Climate

Warm, dry summers. Winters are cold, with heavy snow in the mountains from December to March.

People & Society

Liechtenstein is the fourth smallest country of Europe, after Vatican City, Monaco, and San Marino. Its population is primarily Alemannic-speaking, although its resident population is approximately one third foreign-born, primarily German speakers from Germany, Austria, and Switzerland, other Swiss, Italians, and Turks. Foreign-born people make up two-thirds of the country's workforce

Principality's role as a financial center accounts for its many foreign residents (a third of the population). Half of the workforce are cross-border commuters. Living standards are high, with few social tensions. Linked by a customs union since 1924, Switzerland handles Liechtenstein's foreign affairs and defense issues.

The official language is German; most speak Alemannic, a dialect of German that is highly divergent from Standard German but closely related to those dialects spoken in neighbouring regions such as Vorarlberg, Austria. In Triesenberg, a dialect promoted by the municipality is spoken. According to the 2000 census, 87.9% of the population is Christian, of whom 78.4% adhere to the Roman Catholic faith, while about 8% are Protestant. Compared to the 1990 census, the percentage of Christians fell, whereas Muslims and the undeclared more than doubled in size. According to a 2009 Pew Research Center report, Muslims constitute approximately 4.8% of the population.

Economy

Despite (or perhaps because of) its limited natural resources, Liechtenstein is one of the few countries in the world with more registered companies than citizens; it has developed a prosperous, highly industrialized free-enterprise economy and boasts a financial service sector as well as a living standard which compares favorably with those of the urban areas of Liechtenstein's large European neighbours.

Very low business taxes (lowest in Europe)—the maximum tax rate is 20% —as well as easy Rules of Incorporation have induced about 73,700 holding (or so-called 'letter box') companies to establish registered offices in Liechtenstein. This provides about 30% of Liechtenstein's state revenue. Liechtenstein also generates revenue from Stiftungen ("foundations"), which are financial entities created to increase the privacy of nonresident foreigners' financial holdings. The foundation is registered in the name of a Liechtensteiner, often a lawyer.

Recently, Liechtenstein has shown strong determination to prosecute international money-launderers and has worked to promote the country's image as a legitimate finance center. In February 2008, the country's LGT Bank was implicated in a tax-fraud scandal in Germany, which strained the ruling family's relationship with the German government. Crown Prince Alois has accused the German government of trafficking in stolen goods. This refers to its $7.3 million purchase of private banking information illegally offered by a former employee of LGT Group. However, the United States Senate's subcommittee on tax haven banks said that the LGT bank, which is owned by the royal family, and on whose board they serve, "is a willing partner, and an aider and abettor to clients trying to evade taxes, dodge creditors or defy court orders."

Liechtenstein participates in a customs union with Switzerland and employs the Swiss franc as national currency. The country imports about 85% of its energy. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between the European Free Trade Association (EFTA) and the European Union) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe. Since 2002, Liechtenstein's rate of unemployment has doubled. In 2008, it stood at 1.5%. Currently, there is only one hospital in Liechtenstein, the Liechtensteinisches Landesspital in Vaduz. The gross domestic product (GDP) on a purchasing power parity basis is $5.028 billion, or $141,100 per person which in the second highest in the world.

Liechtenstein is a large producer of ceramics and is the world's largest producer of sausage casings, potassium storage units and false teeth. Other industries include electronics, textiles, precision instruments, metal manufacturing, power tools, anchor bolts, calculators, pharmaceuticals, and food products. Its most recognizable international company and largest employer is Hilti, a manufacturer of direct fastening systems and other high-end power tools. Liechtenstein produces wheat, barley, corn, potatoes, dairy products, livestock, and wine. Tourism accounts for a large portion of the country's economy.

Lithuania

EUROPE

Lying on the eastern coast of the Baltic Sea, Lithuania is the largest of the Baltic states. The first Soviet republic to declare independence from Moscow in 1991, it joined the EU in 2004.

OFFICIAL NAME: Republic of Lithuania
DATE OF FORMATION: 1991
CAPITAL: Vilnius
POPULATION: 3.21 million
TOTAL AREA: 25,174 sq. miles (65,200 sq. km)
DENSITY: 131 people per sq. mile
LANGUAGES: Lithuanian*, Russian
RELIGIONS: Roman Catholic 83%, other 12%, Protestant 5%
ETHNIC MIX: Lithuanian 85%, Polish 6%, Russian 5%, other 3%, Belarussian 1%
GOVERNMENT: Parliamentary system
CURRENCY: Litas = 100 centu

Geography

Lithuania is situated in Northern Europe, lying between latitudes 53° and 57° N, and mostly between longitudes 21° and 27° E (part of the Curonian Spit lies west of 21°). It has around 99 kilometres (61.5 mi) of sandy coastline, of which only about 38 kilometres (24 mi) face the open Baltic Sea and which is the shortest among the Baltic Sea countries; the rest of the coast is sheltered by the Curonian sand peninsula. Lithuania's major warm-water port, Klaipėda, lies at the narrow mouth of the Curonian Lagoon (Lithuanian: Kuršių marios), a shallow lagoon extending south to Kaliningrad. The main river, the Nemunas River, and some of its tributaries carry international shipping.

The Lithuanian landscape has been smoothed by glaciers. The highest areas are the moraines in the western uplands and eastern highlands, with the maximum elevation being Aukštojas Hill at 294 metres (965 ft). The terrain features numerous lakes, Lake Vištytis for example, and wetlands; a mixed forest zone covers nearly 33% of the country. The climate lies between maritime and continental, with wet, moderate winters and summers. According to one geographical computation method, Lithuania's capital, Vilnius, lies only a few kilometres south of the geographical centre of Europe.

Phytogeographically, Lithuania is shared between the Central European and Eastern European provinces of the Circumboreal Region within the Boreal Kingdom. According to the World Wide Fund for Nature, the territory of Lithuania can be subdivided into two ecoregions: the Central European mixed forests and Sarmatic mixed forests.

Climate

Lithuania's climate, which ranges between maritime and continental, is relatively mild. Average temperatures on the coast are −2.5 °C in January and 16 °C (61 °F) in July. In Vilnius the average temperatures are −6 °C (21 °F) in January and 16 °C (61 °F) in July. During the summer, 20 °C (68 °F) is common during the day while 14 °C (57 °F) is common at night; in the past, temperatures have reached as high as 30 °C (86 °F) or 35 °C (95 °F). Some winters can be very cold. −20 °C (−4 °F) occurs almost every winter. Winter extremes are −34 °C (−29 °F) in coastal areas and −43 °C (−45 °F) in the east of Lithuania.

The average annual precipitation is 800 millimeters on the coast, 900 mm in the Samogitia highlands and 600 millimeters in the eastern part of the country. Snow occurs every year, it can snow from October to April. In some years sleet can fall in September or May. The growing season lasts 202 days in the western part of the country and 169 days in the eastern part. Severe storms are rare in the eastern part of Lithuania but common in the coastal areas.

The longest measured temperature records from the Baltic area cover about 250 years. The data show that there were warm periods during the latter half of the 18th century, and that the 19th century was a relatively cool period. An early 20th century warming culminated in the 1930s, followed by a smaller cooling that lasted until the 1960s. A warming trend has persisted since then.

Lithuania experienced a drought in 2002, causing forest and peat bog fires. The country suffered along with the rest of Northwestern Europe during a heat wave in the summer of 2006.

People & Society

Since the Neolithic period the native inhabitants of the Lithuanian territory have not been replaced by any other ethnic group, so there is a high probability that the inhabitants of present day Lithuania have preserved the genetic composition of their forebears relatively undisturbed by the major demographic movements, although without being actually isolated from them. The Lithuanian population appears to be relatively homogeneous, without apparent genetic differences among ethnic subgroups.

Homogeneous population, with Lithuanians forming a large majority. Only 4000 Jews, known as Litvaks, remain in Lithuania. Strong Roman Catholic tradition and historic links with Poland. There are better relations among ethnic groups than in other Baltic states and interethnic marriages are fairly common. However, ethnic Russians and Poles see a threat from "Lithuanianization." A large income gap has grown since independence.

Economy

In 2003, before joining the European Union, Lithuania had the highest economic growth rate amongst all candidate and member countries, reaching 8.8% in the third quarter. In 2004 – 7.4%; 2005 – 7.8%; 2006 – 7.8%; 2007 – 8.9%, 2008 Q1 – 7.0% growth in GDP reflects the impressive economic development. Most of the trade Lithuania conducts is within the European Union.

By UN classification, Lithuania is a country with high average income. The country boasts a well-developed modern infrastructure of railways, airports and four-lane highways. As of April 2011, the unemployment rate is 13,6%. Less than 2% of the population live beneath the poverty line. According to officially published figures, EU membership fueled a booming economy, increased outsourcing into the country, and boosted the tourism sector. The litas, the national currency, has been pegged to the euro since 2 February 2002 at the rate of EUR 1.00 = LTL 3.4528, and Lithuania is expecting to switch to the euro on 1 January 2014.

Structurally, there is a gradual but consistent shift towards a knowledge-based economy with special emphasis on biotechnology (industrial and diagnostic) – the major biotechnology companies of the Baltic countries are concentrated in Lithuania, as well as laser equipment manufacturers. Also mechatronics and information technology (IT) are seen as prospective knowledge-based economy directions in Lithuania. In 2009, Barclays established Technology Centre Lithuania – one of four strategic engineering centres, supporting the Barclays Retail Banking businesses across the globe. In 2010, IBM set up a research center in Lithuania. In 2011, Western Union officially opened their new European Regional Operating Centre in Vilnius. The stated position of the Lithuanian government is that the focus of Lithuanian economy is high added-value products and services.

Lithuania has a flat tax rate rather than a progressive scheme. Lithuanian income levels are lower than in the older EU Member States. According to Eurostat data, Lithuanian PPS GDP per capita stood at 61 per cent of the EU average in 2008. Lower wages have been a factor that in 2004 fueled emigration to wealthier EU countries, something that has been made legally possible as a result of accession to the European Union. In 2007, personal income tax was reduced to 24% and a reduction to 21% was made in January 2009.

Corporate tax rate in Lithuania is 15% and 5% for small businesses. The government offers special incentives for investments into the high-technology sectors and high value-added products. Lithuania has the highest rating of Baltic states in the Economist Intelligence Unit's quality of life index.

Luxembourg

EUROPE

Part of the plateau of the Ardennes in western Europe, Luxembourg is one of Europe's richest states. A tax haven and banking center, it is also home to key EU institutions.

OFFICIAL NAME: Grand Duchy of Luxembourg
DATE OF FORMATION: 1867
CAPITAL: Luxembourg-Ville
POPULATION: 511,840
TOTAL AREA: 998 sq. miles (2586 sq. km)
DENSITY: 487 people per sq. mile
LANGUAGES: Luxembourgish*, German*, French*
RELIGIONS: Roman Catholic 97%, Jewish, Greek Orthodox, and Protestant 3%
ETHNIC MIX: Luxembourger 62%, foreign residents 38%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Luxembourg is one of the smallest countries in Europe, and ranked 170th in size of all the 194 independent countries of the world; the country is about 2,586 square kilometres (998 sq mi) in size, and measures 82 km (51 miles) long and 57 km (35 miles) wide. It lies between latitudes 49° and 51° N, and longitudes 5° and 7° E.

To the east, Luxembourg borders the German Bundesländer of Rhineland-Palatinate and Saarland, and, to the south, it borders the French région of Lorraine. The Grand Duchy borders the Belgian Walloon Region, in particular the latter's provinces of Luxembourg and Liège, part of which comprises the German-speaking Community of Belgium, to the west and to the north respectively.

The northern third of the country is known as the 'Oesling', and forms part of the Ardennes. It is dominated by hills and low mountains, including the Kneiff near Wilwerdange, which is the highest point, at 560 metres (1,837 ft). Other mountains are the 'Buurgplaaz' at 559 metres near Huldange and the 'Napoléonsgaard' at 548 metres near Rambrouch. The region is sparsely populated, with only one town (Wiltz) with a population of more than four thousand people.

The southern two-thirds of the country is called the "Gutland", and is more densely populated than the Oesling. It is also more diverse, and can be divided into five geographic sub-regions. The Luxembourg plateau, in south-central Luxembourg, is a large, flat, sandstone formation, and the site of the city of Luxembourg. Little Switzerland, in the east of Luxembourg, has craggy terrain and thick forests. The Moselle valley is the lowest-lying region, running along the southeastern border. The Red Lands, in the far south and southwest, are Luxembourg's industrial heartland and home to many of Luxembourg's largest towns.

The border between Luxembourg and Germany is formed by three rivers: the Moselle, the Sauer, and the Our. Other major rivers are the Alzette, the Attert, the Clerve, and the Wiltz. The valleys of the mid-Sauer and Attert form the border between the Gutland and the Oesling.

Climate

The climate is moist, with warm summers and mild winters. Snow is common only in the Ardennes.

People & Society

The people of Luxembourg are called Luxembourgers. The immigrant population increased in the twentieth century due to the arrival of immigrants from Belgium, France, Italy, Germany, and Portugal, with the majority coming from this latter. In the 2001 census, there were 58,657 inhabitants with Portuguese nationality.

Since the beginning of the Yugoslav wars, Luxembourg has seen many immigrants from Bosnia and Herzegovina, Montenegro, and Serbia. Annually, over 10,000 new immigrants arrive in Luxembourg, mostly from the EU states, as well and Eastern Europe. As of 2000, there were 162,000 immigrants in Luxembourg, accounting for 37% of the total population. There were an estimated 5,000 illegal immigrants, including asylum seekers, in Luxembourg as of 1999.

Ethnic tensions are rare, despite a large proportion of foreigners (over a third of residents). Integration has been straightforward; most are fellow western Europeans and Catholics, mainly from Italy and Portugal. Low unemployment and high salaries promote stability. Divorce rates are rising and marriage is becoming less common.

Economy

Luxembourg's stable, high-income economy features moderate growth, low inflation, and low unemployment. The industrial sector, which was dominated until the 1960s by steel, has diversified to include chemicals, rubber, and other products. During the past decades, growth in the financial sector has more than compensated for the decline in steel. Services, especially banking and other financial exports, account for the majority of economic output. In March 2010, the Sunday Telegraph reported that most of Kim Jong-Il's $4bn in secret accounts is in Luxembourg banks. Luxembourg is the world's second largest investment fund center (after the United States), the most important private banking center in the Eurozone and Europe's leading center for reinsurance companies. Moreover, the Luxembourgish government has tried to attract internet start-ups. Skype and eBay are two of the many internet companies that have shifted their regional headquarters to Luxembourg. Concern about Luxembourg's banking secrecy laws, and its reputation as a tax haven, led in April 2009 to it being added to a "grey list" of nations with questionable banking arrangements by the G20. Luxembourg adapted some months later the OECD standards on exchange of information and moved into the category of 'Jurisdictions that have substantially implemented the internationally agreed tax standard.'

Agriculture is based on small, family-owned farms. Luxembourg has especially close trade and financial ties to Belgium and the Netherlands (see Benelux), and as a member of the EU it enjoys the advantages of the open European market. Luxembourg possesses the highest GDP per capita in the world (US$87,995 as of 2006), the 24th highest Human Development Index, and the 4th highest rated in the quality of life index. As of March 2006, unemployment is 4.8% of the labor force. For the fiscal year of 2005 and 2006, Luxembourg ran a budget deficit for the first time in many years, mostly because of slower international economic growth. The country ranks with 80 billion $ of U.S. Treasury securities (November 2010) twelfth in the world. The ranking is however imperfect as some foreign owners entrust the safekeeping of their securities to institutions that are neither in the United States nor in the owner's country of residence. Luxembourg is promoting economic relations with foreign firms and countries.

Macedonia

EUROPE

Landlocked Macedonia was hit hard by the sanctions placed on its northern trading partners in the mid-1990s, and by violent conflict with ethnic Albanians in 2001.

OFFICIAL NAME: Republic of Macedonia
DATE OF FORMATION: 1991
CAPITAL: Skopje
POPULATION: 2.05 million
TOTAL AREA: 9781 sq. miles (25,333 sq. km)
DENSITY: 206 people per sq. mile
LANGUAGES: Macedonian*, Albanian*
RELIGIONS: Orthodox Christian 59%, Muslim 26%, other 11%, Catholic 4%
ETHNIC MIX: Macedonian 64%, Albanian 25%, other 5%, Turkish 4%, Serb 2%
GOVERNMENT: Mixed presidential–parliamentary system
CURRENCY: Macedonian denar = 100 deni

Geography

Macedonia has a total area of 25,713 km^2 (9,928 sq mi). It lies between latitudes 40° and 43° N, and mostly between longitudes 20° and 23° E (a small area lies east of 23°). Macedonia has some 748 km (465 mi) of boundaries, shared with Serbia (62 km or 39 mi) to the North, Kosovo (159 km or 99 mi) to the northwest, Bulgaria (148 km or 92 mi) to the east, Greece (228 km or 142 mi) to the south, and Albania (151 km or 94 mi) to the west. It is a transit way for shipment of goods from Greece, through the Balkans, towards Eastern, Western and Central Europe and through Bulgaria to the East. It is part of a larger region also known as Macedonia, which also includes a region of northern Greece known by the same name; and the Blagoevgrad province in southwestern Bulgaria.

Macedonia is a landlocked country that is geographically clearly defined by a central valley formed by the Vardar river and framed along its borders by mountain ranges. The terrain is mostly rugged, located between the Šar Mountains and Osogovo, which frame the valley of the Vardar river. Three large lakes — Lake Ohrid, Lake Prespa and Dojran Lake — lie on the southern borders, bisected by the frontiers with Albania and Greece. Ohrid is considered to be one of the oldest lakes and biotopes in the world. The region is seismically active and has been the site of destructive earthquakes in the past, most recently in 1963 when Skopje was heavily damaged by a major earthquake, killing over 1,000.

Macedonia also has scenic mountains. They belong to two different mountain ranges: the first is the Šar Mountains that continues to the West Vardar/Pelagonia group of mountains (Baba Mountain, Nidže, Kozuf and Jakupica), also known as the Dinaric range. The second range is the Osogovo–Belasica mountain chain, also known as the Rhodope range. The mountains belonging to the Šar Mountains and the West Vardar/Pelagonia range are younger and higher than the older mountains that are part of the Osogovo-Belasica mountain group.

In the Republic of Macedonia there are 1,100 larger sources of water. The rivers flow into three different basins: the Aegean, the Adriatic and the Black Sea basin.

The Aegean basin is the largest. It covers 87% of the territory of the Republic, which is 22,075 km. sq. Vardar, the largest river in this basin, drains 80% of the territory or 20,459 km. sq. Its valley plays an important part in the economy and the communication system of the country. The project named 'The Vardar Valley' is considered to be crucial for the strategic development of the country.

The river Black Drin forms the Adriatic basin, which covers an area of about 3,320 km. sq., i. e. 13% of the territory. It receives water from Lakes Prespa and Ohrid.

The Black Sea basin is the smallest with only 37 km. sq. It covers the northern side of Mount Skopska Crna Gora. This is the source of the river Binachka Morava, which joins the Morava, and later, the Danube which flows into the Black Sea.

Even though it is a landlocked country, Macedonia has three lakes and around fifty ponds. Lake Ohrid, Lake Prespa and Lake Dojran are the three natural lakes of the country.

The Macedonian word for spa is бања, transliterated as banja. In the country there are 9 spa towns and resorts: Banište, Banja Bansko, Istibanja, Katlanovo, Kežovica, Kosovrasti, Banja Kočani, Kumanovski Banji and Negorci.

Climate

Macedonia has unique climate explained by its location and topography. The climate of the plains is extraordinary - Mediterranean climate combined with the influence of the Black Sea. The country also holds continental characteristics, which are accentuated by the mountains in the south which prevent hot air from the south to move to the north. Conversely, the Šar Mountains, which are located in the northwestern part, block cold northern winds. In whole, the northern and western parts of the country are relatively close to Continental climate and the southern and eastern to Mediterranean climate.

Macedonia has four seasons weather, but the lengths of the seasons varies based on geography. The spring is often very short. Summers are subtropical so it is not uncommon to see temperatures of above 40 °C (104 °F) during this season, especially in the plains along the valley of the Vardar river.Winters, although moderate, can sometimes be quite cold. Snowfalls during winter are common and sometimes heavy. The average annual temperature of the air is 11.5 °C (53 °F), but the plains experience higher temperatures, 15 °C (59 °F). The warmest month is July, which has an average temperature of 22.2 °C (72 °F) and the coldest is January, with a temperature of 0.3 °C (33 °F). The maximum and minimum temperatures recorded in Macedonia to date are 44.5 °C (112 °F) and −31.5 °C (−25 °F), respectively.

The rainfall is abundant in the western and eastern parts of the country, but the temperature decreases significantly in the Vardar region. This region sees warmer winters through the Vardarec wind. This wind comes up from the mouth of the Vardar river and brings warm air. Skopje, considered a low-lying city, has an average of 64 rainy days per year. The month of October is the wettest with 61 mm; the driest is August with 28 mm. Rains are most common in the spring and fall.

People & Society

Slav Macedonians are mostly Orthodox Christians, with some Muslims. Officially, Muslim Albanians account for 25% of the population, but they claim to number a third. In 2001 Albanian militants fought a bitter war against the government. A peace deal promised greater equality. A major stumbling block to EU and NATO accession is Greece's objection to the name Macedonia, in order to prevent any possibility of claims to historic "Macedonian" lands in north Greece.

Macedonia has a rich cultural heritage in art, architecture, poetry, and music. It has many ancient, protected religious sites. Poetry, cinema, and music festivals are held annually. Macedonian music styles developed under the strong influence of Byzantine church music. Macedonia has a significant number of preserved Byzantine fresco paintings, mainly from the period between the 11th and 16th centuries. There are several thousands square metres of fresco painting preserved, the major part of which is in very good condition and represent masterworks of the Macedonian School of ecclesiastical painting.

The most important cultural events in the country are the Ohrid Summer festival of classical music and drama, the Struga Poetry Evenings which gather poets from more than 50 countries in the world, International Camera Festival in Bitola, Open Youth Theatre and Skopje Jazz Festival in Skopje etc. The Macedonian Opera opened in 1947 with a performance of Cavalleria rusticana under the direction of Branko Pomorisac. Every year, the May Opera Evenings are held in Skopje for around 20 nights. The first May Opera performance was that of Kiril Makedonski's Tsar Samuil in May 1972.

Economy

Recently ranked as the fourth 'best reformatory state' out of 178 countries ranked by the World Bank, Macedonia has undergone considerable economic reform since independence. The country has developed an open economy with trade accounting for more than 90% of GDP in recent years. Since 1996, Macedonia has witnessed steady, though slow, economic growth with GDP growing by 3.1% in 2005. This figure was projected to rise to an average of 5.2% in the 2006–2010 period. The government has proven successful in its efforts to combat inflation, with an inflation rate of only 3% in 2006 and 2% in 2007 and has implemented policies focused on attracting foreign investment and promoting the development of Small and Medium-sized Enterprises (SMEs). The current government introduced a flat tax system with the intention of making the country more attractive to foreign investment. The flat tax rate was 12% in 2007 and was further lowered to 10% in 2008.

Despite these reforms, as of 2005 Macedonia's unemployment rate was 37.2% and as of 2006 its poverty rate was 22%. Macedonia has one of the highest shares of people struggling financially, with 72% of its citizens stating that they could only manage on their household's income 'with difficulty' or 'with great difficulty', though Macedonia, along with Croatia, was the only country in the Western Balkans to not report an increase in this statistic. Corruption and a relatively ineffective legal system also act as significant restraints on successful economic development. Macedonia still has one of the lowest per capita GDPs in Europe. Furthermore, the country's grey market is estimated at close to 20% of GDP.

In terms of structure, as of 2005 the service sector constituted by far the largest part of GDP at 57.1%, up from 54.2% in 2000. The industrial sector represents 29.3% of GDP, down from 33.7% in 2000 while agriculture represents only 12.9%, up from 12%. Textiles represent the most significant sector for trade, accounting for more than half of total exports. Other important exports include iron, steel, wine and vegetables.

With a GDP per capita of $9,157 at purchasing power parity and a Human Development Index of 0.701, Macedonia is less developed and has a considerably smaller economy than most of the former Yugoslav states.

According to Eurostat data, Macedonian PPS GDP per capita stood at 32 per cent of the EU average in 2008.

Macedonia, together with Montenegro, Bosnia and Herzegovina and Kosovo, belonged to the less developed southern region of the former Yugoslavia. It suffered severe economic difficulties after independence, when the Yugoslav internal market collapsed and subsidies from Belgrade ended. In addition, it faced many of the same problems faced by other former socialist East European countries during the transition to a market economy. Its main land and rail exports route, through Serbia, remains unreliable with high transit costs, thereby affecting the export of its formerly highly profitable, early vegetables market to Germany. Macedonia's IT market increased 63.8% year on year in 2007, which is the Fastest Growing in the Adriatic Region.

The outbreak of the Yugoslav wars and the imposition of sanctions on Serbia and Montenegro caused great damage to the Republic's economy, with Serbia constituting 60% of its markets prior to the disintegration of Yugoslavia. When Greece imposed a trade embargo on the Republic in 1994–95, the economy was also affected. Some relief was afforded by the end of the Bosnian war in November 1995 and the lifting of the Greek embargo, but the Kosovo War of 1999 and the 2001 Albanian crisis caused further destabilisation. Since the end of the Greek embargo, Greece has become the country's most important business partner. (See also: Greek investments in the Republic of Macedonia). Many Greek companies have bought former state companies in Macedonia, such as the oil refinery Okta, the baking company Zhito Luks, a marble mine in Prilep, textile facilities in Bitola etc., and employ 20,000 people. However, local cross-border trade between Greece and the Republic of Macedonia sees thousands of Greek shoppers crossing the border to purchase cheaper domestic products. Other key partners are Germany, Italy, the United States, Slovenia, Austria and Turkey.

Madagascar

AFRICA

Lying off east Africa in the Indian Ocean, the former French colony of Madagascar is the world's fourth-largest island. Power struggles erupted onto the streets in 2002 and 2009.

OFFICIAL NAME: Republic of Madagascar
DATE OF FORMATION: 1960
CAPITAL: Antananarivo
POPULATION: 21.9 million
TOTAL AREA: 226,656 sq. miles (587,040 sq. km)
DENSITY: 87 people per sq. mile
LANGUAGES: Malagasy*, French*
RELIGIONS: Traditional beliefs 52%, Christian 41%, Muslim 7%
ETHNIC MIX: Other Malay 46%, Merina 26%, Betsimisaraka 15%, Betsileo 12%, other 1%
GOVERNMENT: Presidential system
CURRENCY: Ariary = 5 iraimbilanja

Geography

At 592,800 square kilometres (228,900 sq mi), Madagascar is the world's 47th-largest country and the fourth-largest island. The country lies mostly between latitudes 12°S and 26°S, and longitudes 43°E and 51°E. The prehistoric breakup of the Gondwana supercontinent separated the Madagascar-Antarctica-India landmass from the Africa-South America landmass around 135 million years ago. Madagascar later split from India around 88 million years ago, allowing plants and animals on the island to evolve in complete isolation.

The island of Madagascar can be divided into three broad geographic zones. These include the highlands, a plateau region in the center of the island ranging in altitude from 2,500 to 4,500 ft (762 to 1,372 m) above sea level; a narrow and steep escarpment that runs the length of the eastern coast and contains much of the island's remaining tropical rain forest; and a wide, dry plain that gently slopes from the western boundaries of the highlands toward the Mozambique Channel. The central highlands, traditionally the homeland of the Merina people (the island's most numerous ethnic group) and location of their historic capital at Antananarivo, is the most densely populated part of the island and is characterized by terraced, rice-growing valleys lying between grassy, deforested hills. Here, erosion has exposed the island's red laterite soil, source of the country's sobriquet "The Red Island". Madagascar's highest peaks arise from three prominent highland massifs: Maromokotro (9,436 ft (2,876 m)) in the Tsaratanana Massif is the island's highest point, followed by Boby Peak (8,720 ft (2,658 m)) in the Andringitra Massif and Tsiafajavona (8,671 ft (2,643 m)) in the Ankaratra Massif. To the east, the Canal des Pangalanes is a chain of man-made and natural lakes connected by French-built canals just inland from the east coast, running parallel to it for some 370 mi (595 km). The western and southern sides, which lie in the rain shadow of the central highlands, are home to tropical dry forests, thorn forests, and deserts and xeric shrublands. Presumably due to relatively lower population densities, Madagascar's dry deciduous rain forest has been better preserved than the eastern rain forests or the original woodlands of the high central plateau. The western coast features many protected harbors, but silting is a major problem caused by sediment from the high levels of inland erosion carried by rivers crossing the vast western plains.

Climate

The combination of southeastern trade winds and northwestern monsoon winds produce a hot rainy season (November—April) with frequently destructive cyclones, and a relatively cooler dry season (May—October). Broadly speaking, the climate is tropical along the coast, temperate inland, moderately dry in the west, and arid in the south. Rain clouds originating over the Indian Ocean discharge much of their moisture over the island's eastern coast where precipitation as heavy as 150 in (3,800 mm) per year supports the area's rain forest ecosystem. The central highlands are both drier and cooler, while the west coast is drier still, with high aridity in the southwest and southern part of the island where a semi-desert climate prevails. Annual cyclones cause regular damage to infrastructure and local economies as well as loss of life. The most destructive since 1927 was Cyclone Geralda (February 2–4, 1994) which caused over 70 fatalities and left over 500,000 people homeless with the damage estimated at US$45 million.

People & Society

People are Malay-Indonesian in origin, intermixed with later migrants from the African mainland. The main ethnic division is between the Merina of the central plateau and the poorer côtier (coastal) peoples. The Merina were the country's historic rulers, and remain the social elite.

Houses in Madagascar are typically four-sided with a peaked roof similar to those commonly seen in Southeast Asia, rather than the circular style of hut more commonly found in Eastern Africa. Malagasy architecture varies widely depending on locally available materials and practical needs. Most traditionally, homes are built from plant materials; this form of construction remains prevalent outside of the central Highlands and major urban areas. In the Highlands, houses are most often two-story brick structures, occasionally with pillars supporting a front veranda. The orientation and interior layout of homes in traditional communities often followed certain cosmological norms. This tradition has been increasingly abandoned over the past century, as has the use of traditional building materials among the upper classes for whom imported materials and foreign construction styles are associated with modernity and prestige. Tombs are culturally significant in many regions and tend to utilize stone in their construction.

Economy

Madagascar's sources of growth are tourism, textile and light manufacturing exports (notably through the EPZs), agricultural products, and mining. Madagascar is the world's leading producer of vanilla and accounts for about half the world's export market. Tourism targets the niche eco-tourism market, capitalizing on Madagascar's unique biodiversity, unspoiled natural habitats, national parks and lemur species. Exports from the EPZs, located around Antananarivo and Antsirabe, comprise the majority of garment manufacture, targeting the US market under AGOA and the European markets under the Everything But Arms (EBA) agreement. Agricultural exports consist of low-volume high-value products like vanilla, lychees and essential oils. A small but growing part of the economy is based on mining of ilmenite, with investments emerging in recent years, particularly near Tulear and Fort Dauphin.

Madagascar's natural resources include a variety of unprocessed agricultural and mineral resources. Key agricultural resources include vanilla, lychees and shrimp. Key mineral resources include various types of precious and semi-precious stones, ilmenite and petrol. Several major projects are underway in the mining and oil and gas sectors that, if successful, will give a significant boost to the Malagasy economy. In the mining sector, these include the development of coal at Sakoa and nickel near Tamatave. In oil, Madagascar Oil is developing the massive onshore heavy oil field at Tsimiroro and ultra heavy oil field at Bemolanga. Mining corporation Rio Tinto Group began operations near Fort Dauphin in 2008, following several years of infrastructure preparation. The mining project is highly controversial, with Friends of the Earth and other environmental organizations filing reports to detail their concerns about effects on the local environment and communities.

Agriculture, including fishing and forestry, is a mainstay of the economy. Major exports are coffee, vanilla (Madagascar is the world's largest producer and exporter of vanilla), sugarcane, cloves, cocoa, rice, cassava (tapioca), beans, bananas, peanuts and livestock products. Vanilla has historically been of particular importance, and when in 1985 Coca-cola switched to New Coke which involved less vanilla, Madagascar's economy took a marked downturn but returned to previous levels after the return of Coke Classic.

Malawi

AFRICA

A former colony of the UK, Malawi lies landlocked in southeast Africa, following the Great Rift Valley. Its name means "the land where the sun is reflected in the water like fire."

OFFICIAL NAME: Republic of Malawi
DATE OF FORMATION: 1964
CAPITAL: Lilongwe
POPULATION: 14.9 million
TOTAL AREA: 45,745 sq. miles (118,480 sq. km)
DENSITY: 420 people per sq. mile
LANGUAGES: Chewa, Lomwe, Yao, Ngoni, English*
RELIGIONS: Protestant 55%, Muslim 20%, Catholic 20%, traditional beliefs 5%
ETHNIC MIX: Bantu 99%, other 1%
GOVERNMENT: Presidential system
CURRENCY: Malawi kwacha = 100 tambala

Geography

Malawi is a landlocked country in southeastern Africa, bordered by Zambia to the northwest, Tanzania to the northeast and Mozambique to the south, southwest and southeast. It lies between latitudes 9° and 18°S, and longitudes 32° and 36°E.

The Great Rift Valley runs through the country from north to south, and to the east of the valley lies Lake Malawi (also called Lake Nyasa), making up over three-quarters of Malawi's eastern boundary. Lake Malawi is sometimes called the Calendar Lake as it is about 365 miles (587 km) long and 52 miles (84 km) wide.

The Shire River flows from the south end of the lake and joins the Zambezi River 250 miles (400 km) farther south in Mozambique. The surface of Lake Malawi is located at 1,500 feet (457 m) above sea level, with a maximum depth of 2,300 feet (701 m), which means the lake bottom is over 700 feet (213 m) below sea level at some points.

In the mountainous sections of Malawi surrounding the Rift Valley, plateaus rise generally 3,000 to 4,000 feet (914 to 1,219 m) above sea level, although some rise as high as 8,000 feet (2,438 m) in the north. To the south of Lake Malawi lie the Shire Highlands, gently rolling land at approximately 3,000 feet (914 m) above sea level. In this area, the Zomba and Mlanje mountain peaks rise to respective heights of 7,000 feet (2,134 m) and 10,000 feet (3,048 m).

Malawi's capital is Lilongwe, and its commercial center and largest city is Blantyre with a population of over 500,000 people. Malawi has two sites listed on the UNESCO World Heritage List. Lake Malawi National Park was first listed in 1984 and the Chongoni Rock Art Area was listed in 2006.

Climate

Malawi's climate is hot in the low-lying areas in the south of the country and temperate in the northern highlands. The altitude moderates what would be an otherwise equatorial climate. Between November and April the temperature is warm with equatorial rains and thunderstorms, with the storms reaching their peak severity in late March. After March, the rainfall rapidly diminishes and from May to September wet mists float from the highlands into the plateaus, with almost no rainfall during these months.

People & Society

The name "Malawi" comes from the Maravi, a Bantu people who immigrated from the southern Congo around 1400 AD. Upon reaching northern Lake Malawi, the group divided, with one group moving south down the west bank of the lake to become the group known as the Chewa, while the other group, the ancestors of today's Nyanja, moved along the east side of the lake to the southern section of Malawi. Ethnic conflict and continuing migration prevented the formation of a society that was uniquely and cohesively Malawian until the dawn of the 20th century. Over the past century, ethnic distinctions have diminished to the point where there is no significant inter-ethnic friction, although regional divisions still occur. The concept of a Malawian nationality has begun to form around a predominantly rural people who are generally conservative and traditionally nonviolent.

Most Malawians share a common Bantu origin. Ethnicity has not been exploited for political ends as has happened in neighboring states. Four out of five people live in poverty. The election in 1994 of a member of the Muslim minority as president signaled the failure of previous attempts to enforce Protestant dominance.

Economy

Malawi is among the world's least developed and most densely populated countries. Around 85% of the population live in rural areas. The economy is based on agriculture, and more than one-third of GDP and 90% of export revenues come from this. In the past the economy has been dependent on substantial economic aid from the World Bank, the International Monetary Fund (IMF) and other countries.

In December 2000, the IMF stopped aid disbursements due to corruption concerns, and many individual donors followed suit, resulting in an almost 80% drop in Malawi's development budget. However, in 2005, Malawi was the recipient of over US$575 million in aid. The Malawian government faces challenges in developing a market economy, improving environmental protection, dealing with the rapidly growing HIV/AIDS problem, improving the education system and satisfying its foreign donors that it is working to become financially independent. Improved financial discipline had been seen since 2005 under the leadership of President Mutharika and Financial Minister Gondwe. This discipline has since evaporated as shown by the purchase in 2009 of a private presidential jet followed almost immediately by a nationwide fuel shortage which was officially blamed on logistical problems, but was more likely due to the hard currency shortage caused by the jet purchase. The overall cost to the economy (and healthcare system) is unknown.

In addition, some setbacks have been experienced, and Malawi has lost some of its ability to pay for imports due to a general shortage of foreign exchange, as investment fell 23% in 2009. There are many investment barriers in Malawi, which the government has failed to address, including high service costs and poor infrastructure for power, water and telecommunications. As of 2009, it was estimated that Malawi had a GDP (purchasing power parity) of $12.81 billion, with a per capita GDP of $900, and inflation estimated at around 8.5% in 2009.

Agriculture accounts for 35% of GDP, industry for 19% and services for the remaining 46%. Malawi has one of the lowest per capita incomes in the world, although economic growth was estimated at 9.7% in 2008 and strong growth is predicted by the International Monetary Fund for 2009. The poverty rate in Malawi is decreasing through the work of the government and supporting organizations, with people living under the poverty line decreasing from 54% in 1990 to 40% in 2006, and the percentage of "ultra-poor" decreasing from 24% in 1990 to 15% in 2007.

Malawi was ranked the 119th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.

Malaysia

ASIA

Malaysia stretches 1240 miles (2000 km) across southeast Asia from the Malay peninsula to Sabah in eastern Borneo. Federated in 1963, it included Singapore for two years.

OFFICIAL NAME: Federation of Malaysia
DATE OF FORMATION: 1963
CAPITAL: Kuala Lumpur and Putrajaya
POPULATION: 28.3 million
TOTAL AREA: 127,316 sq. miles (329,750 sq. km)
DENSITY: 217 people per sq. mile
LANGUAGES: Bahasa Malaysia*, Malay, Chinese, Tamil, English
RELIGIONS: Muslim 53%, Buddhist 19%, Chinese faiths 12%, other 9%, Christian 7%
ETHNIC MIX: Malay 50%, Chinese 25%, indigenous tribes 11%, other 14%
GOVERNMENT: Parliamentary system
CURRENCY: Ringgit = 100 sen

Geography

Malaysia is the 66th largest country by total land area, with a land area of 329,847 square kilometres (127,355 sq mi). It has land borders with Thailand in West Malaysia, and Indonesia and Brunei in East Malaysia. It is linked to Singapore by a narrow causeway, and also has maritime boundaries with Vietnam and the Philippines. The land borders are defined in large part by geological features such as the Perlis River, Golok River and the Pagalayan Canal, whilst some of the maritime boundaries are the subject of ongoing contention. Brunei forms what is almost an enclave in Malaysia, with the state of Sarawak dividing it into two parts. Malaysia is the only country with territory on both the Asian mainland and the Malay archipelago, and Tanjung Piai, located in the southern state of Johor, is the southernmost tip of continental Asia. The Strait of Malacca, lying between Sumatra and Peninsular Malaysia, is one of the most important thoroughfares in global commerce, carrying 40 per cent of the world's trade.

The two parts of Malaysia, separated from each other by the South China Sea, share a largely similar landscape in that both West (Peninsula) and East Malaysia feature coastal plains rising to hills and mountains.Peninsular Malaysia, containing 40 per cent of Malaysia's land area, extends 740 kilometres (460 mi) from north to south, and its maximum width is 322 kilometres (200 mi). It is divided between its east and west coasts by the Titiwangsa Mountains, part of a series of mountain ranges running down the centre of the peninsula. These mountains are heavily forested, and mainly composed of granite and other igneous rocks. Much of it has been eroded, creating a karst landscape. The range is the origin of some of Peninsular Malaysia's river systems. The coastal plains surrounding the peninsula reach a maximum width of 50 kilometres (31 mi), and the peninsula's coastline is nearly 1,931 kilometres (1,200 mi) long, although harbours are only available on the western side.

East Malaysia, on the island of Borneo, has a coastline of 2,607 kilometres (1,620 mi). It is divided between coastal regions, hills and valleys, and a mountainous interior. The Crocker Range extends northwards from Sarawak, dividing the state of Sabah. It is the location of Mount Kinabalu. Mount Kinabalu, at 4,095.2 metres (13,436 ft), is the tallest mountain in Malaysia and is protected as Kinabalu National Park, a UNESCO World Heritage Site. The highest mountain ranges form the border between Malaysia and Indonesia. Sarawak contains the Mulu Caves, the largest cave system in the world.

Around these two halves of Malaysia are numerous islands, the largest of which is Labuan. The local climate is equatorial and characterised by the annual southwest (April to October) and northeast (October to February) monsoons. The temperature is moderated by the presence of the surrounding oceans. Humidity is usually high, and the average annual rainfall is 250 centimetres (98 in). The climates of the Peninsula and the East differ, as the climate on the peninsula is directly affected by wind from the mainland, as opposed to the more maritime weather of the East. Local climates can be divided into three regions, highland, lowland, and coastal. Climate change is likely to affect sea levels and rainfall, increasing flood risks and leading to droughts

Climate

Located near the equator, Malaysia's climate is categorised as equatorial, being hot and humid throughout the year. The average rainfall is 250 centimetres (98 in) a year and the average temperature is 27 °C (80.6 °F). The climates of the Peninsula and the East differ, as the climate on the peninsula is directly affected by wind from the mainland, as opposed to the more maritime weather of the East. Malaysia is exposed to the El Nino effect, which reduces rainfall in the dry season. Climate change is likely to have a significant effect on Malaysia, increasing sea levels and rainfall, increasing flooding risks and leading to large droughts.

Malaysia faces two monsoon winds seasons, the Southwest Monsoon from late May to September, and the Northeast Monsoon from November to March. The Northeast Monsoon brings in more rainfall compared to the Southwest Monsoon, originating in China and the north Pacific. The southwest monsoon originates from the deserts of Australia. March and October form transitions between the two monsoons.

Local climates are affected by the presence of mountain ranges throughout Malaysia, and climate can be divided into that of the highlands, the lowlands, and coastal regions. The coasts have a sunny climate, with temperatures ranging between 23 °C (73.4 °F) and 32 °C (89.6 °F), and rainfall ranging from 10 centimetres (4 in) to 30 centimetres (12 in) a month. The lowlands have a similar temperature, but follow a more distinctive rainfall pattern and show very high humidity levels. The highlands are cooler and wetter, and display a greater temperature variation. A large amount of cloud cover is present over the highlands, which have humidity levels that do not fall below 75%.

The highest temperature was recorded at Chuping, Perlis on 9 April 1998 at 40.1 °C (104.2 °F). The lowest temperature was recorded at Cameron Highlands on 1 February 1978 at 7.8 °C (46.0 °F). The highest rainfall recorded in a day was 608 mm (23.9 in) in Kota Bharu, Kelantan on 6 January 1967. The highest rainfall recorded in a year was 5,687 mm (223.9 in) at Sandakan, Sabah in 2006. Meanwhile, the lowest rainfall recorded in a year was 1,151 mm (45.3 in) at Tawau, Sabah in 1997. The wettest place in Malaysia is Kuching, Sarawak with an average rainfall of 4,128 mm (162.5 in) with 247 days of rain a year. The driest place in Malaysia is in Chuping, Perlis with average rainfall of only 1,746 mm (68.7 in) a year.

People & Society

Malaysia is a multi-ethnic, multicultural and multilingual society. The original culture of the area stemmed from indigenous tribes that lived there, along with the Malays who later moved there. Substantial influence exists from Chinese and Indian culture, dating back to when foreign trade began in the area. Other cultures that heavily influenced the culture of Malaysia include Persian, Arabic, and British culture. Due to the political structure of the government, coupled with the social contract theory, there has been minimal cultural assimilation of ethnic minorities.

The key distinction is between Malays (Bumiputras, literally "sons of the soil") and the Chinese, who traditionally controlled most economic activity. Since the 1970s, Malays have been favored for education and jobs, in order to address
this imbalance.

Economy

Malaysia is a relatively open state-oriented and newly industrialised market economy. The state plays a significant but declining role in guiding economic activity through macroeconomic plans. Malaysia has had one of the best economic records in Asia, with GDP growing an average 6.5 per cent annually from 1957 to 2005. In 2010 the GDP per capita (PPP) was $414.400;&nbspbillion, the 3rd largest economy in ASEAN and 29th largest economy in the world.

In the 1970s, the predominantly mining and agricultural-based Malaysian economy began a transition towards a more multi-sector economy. Since the 1980s the industrial sector has led Malaysia's growth. High levels of investment played a significant role in this. The Malaysian economy recovered from the 1997 Asian Financial Crisis sooner than neighbouring countries, and has since recovered to the levels of the pre-crisis era with a GDP per capita of $14,800. Inequalities exist between different ethnic groups, with a major issue being that the Chinese minority accounts for 70 per cent of the country's market capitalisation, even though it only makes up about one-third of it.

International trade, facilitated by the adjacent Strait of Malacca shipping route, and manufacturing are key sectors of the country's economy. Malaysia is an exporter of natural and agricultural resources, the most valuable exported resource being petroleum. At one time, it was the largest producer of tin, rubber and palm oil in the world. Manufacturing has a large influence in the country's economy, although Malaysia's economic structure has been moving away from it.

In an effort to diversify the economy and make Malaysia's economy less dependent on exported goods, the government has pushed to increase tourism in Malaysia. As a result, tourism has become Malaysia's third largest source of income from foreign exchange, although it is threatened by the negative effects of the growing industrial economy, with large amounts of air and water pollution along with deforestation affecting tourism. The country has developed into a centre of Islamic banking, and is the country with the highest numbers of female workers in that industry. Knowledge-based services are also expanding.

Science policies in Malaysia are regulated by the Ministry of Science, Technology, and Innovation. The country is one of the world's largest exporters of semiconductor devices, electrical goods, and information and communication technology products. Malaysia began developing its own its own space programme in 2002, and in 2006 Russia agreed to transport one Malaysian to the International Space Station as part of a multi-billion dollar purchase of 18 Russian Sukhoi Su-30MKM fighter jets by the Royal Malaysian Air Force. In an effort to create a self-reliant defensive ability and support national development, Malaysia privatised some of its military facilities in the 1970s. This has created a defence industry, which in 1999 was brought under the Malaysia Defence Industry Council. The government continues to try and promote this sector and its competitiveness, actively marketing the defence industry.

Maldives

ASIA

Set in the Indian Ocean, southwest of Sri Lanka, the Maldives is an archipelago of 1191 small coral islands, or atolls. 200 are inhabited. The word atoll comes from the Dhivehi word "atolu."

OFFICIAL NAME: Republic of Maldives
DATE OF FORMATION: 1965
CAPITAL: Male'
POPULATION: 313,920
TOTAL AREA: 116 sq. miles (300 sq. km)
DENSITY: 2667 people per sq. mile
LANGUAGES: Dhivehi* (Maldivian), Sinhala, Tamil, Arabic
RELIGIONS: Sunni Muslim 100%
ETHNIC MIX: All Maldivians are of Arab– Sinhalese–Malay descent
GOVERNMENT: Presidential system
CURRENCY: Rufiyaa = 100 laari

Geography

The Maldives consists of approximately 1,190 coral islands grouped in a double chain of 26 atolls, along the north-south direction, spread over roughly 90,000 square kilometres, making this one of the most dispersed countries in the world. It lies between latitudes 1°S and 8°N, and longitudes 72° and 74°E. The atolls are composed of live coral reefs and sand bars, situated atop a submarine ridge 960 kilometres long that rises abruptly from the depths of the Indian Ocean and runs from north to south. Only near the southern end of this natural coral barricade do two open passages permit safe ship navigation from one side of the Indian Ocean to the other through the territorial waters of Maldives. For administrative purposes the Maldivian government organized these atolls into twenty one administrative divisions. The largest island of Maldives is Gan, which belongs to Laamu Atoll or Hahdhummathi Maldives. In Addu Atoll the westernmost islands are connected by roads over the reef (collectively called Link Road) and the total length of the road is 14 km (9 mi).

The Maldives is the lowest country in the world, with a maximum natural ground level of only 2.3 metres (7 ft 7 in), with the average being only 1.5 metres (4 ft 11 in) above sea level, although in areas where construction exists, this has been increased to several metres. More than 80 per cent of the country's land, composed of coral islands scattered over an area about 850 km across the equator, is less than one metre above sea level.

The reef is composed of coral debris and living coral. This acts as a natural barrier against the sea, forming lagoons. Other islands, set at a distance and parallel to the reef, have their own protective fringe of reef. An opening in the surrounding coral barrier allows access to the calmer lagoon waters. The barrier reefs of the islands protect them from the storms and high waves of the Indian Ocean.

A layer of humus 15 centimetres (6 in) thick forms the top layer of soil on the islands. Below the humus layer are 60 centimetres (2 ft) of sandstone, followed by sand and then fresh water. Due to high levels of salt in the soil near the beach, vegetation is limited there to a few plants such as shrubs, flowering plants, and small hedges. In the interior of the island, more vegetation such as mangrove and banyan grow. Coconut palms, the national tree, are able to grow almost everywhere on the islands and are integral to the lifestyle of the population.

The limited vegetation and land wildlife is supplemented by the abundance of marine life. The waters around the Maldives are abundant in rare species of biological and commercial value, with tuna fisheries being traditionally one of the main commercial resources of the country. The Maldives have an amazing diversity of sea life, with corals and over 2,000 species of fish, ranging from reef fish to reef sharks, moray eels, and a wide variety of rays: Manta rays, Stingray and Eagle ray. The Maldivian waters are also home for the whale shark.

Climate

The Indian Ocean has a great effect on the climate of the country by acting as a heat buffer, absorbing, storing, and slowly releasing the tropical heat. The temperature of Maldives ranges between 24 °C (75 °F) and 33 °C (91 °F) throughout the year. Although the humidity is relatively high, the constant cool sea breezes keep the air moving and the heat mitigated.

The weather in the Maldives is affected by the large landmass of South Asia to the north. The presence of this landmass causes differential heating of land and water. These factors set off a rush of moisture-rich air from the Indian Ocean over South Asia, resulting in the southwest monsoon. Two seasons dominate Maldives' weather: the dry season associated with the winter northeastern monsoon and the rainy season which brings strong winds and storms. The shift from the moist southwest monsoon to the dry northeast monsoon occurs during April and May. During this period, the northeast winds contribute to the formation of the northeast monsoon, which reaches Maldives in the beginning of June and lasts until the end of August. However, the weather patterns of Maldives do not always conform to the monsoon patterns of South Asia. The annual rainfall averages 2,540 millimetres in the north and 3,810 millimetres in the south.

People & Society

The Maldivian ethnic identity is a blend of the cultures reflecting the peoples who settled on the islands, reinforced by religion and language. The earliest settlers were probably from southern India and Sri Lanka. They are linguistically and ethnically related to the people in the Indian subcontinent. They are ethnically known as Dhivehis.

Some social stratification exists on the islands. It is not rigid, since rank is based on varied factors, including occupation, wealth, Islamic virtue, and family ties. Traditionally, instead of a complex caste system, there was merely a distinction between noble (bēfulhu) and common people in the Maldives. Members of the social elite are concentrated in Malé. Outside the service industry, this is the only location where the foreign and domestic populations are likely to interact. The tourist resorts are not on islands where the natives live, and casual contacts between the two groups are discouraged.

A census has been recorded since 1905, which shows that the population of the country remained around 100,000 for the next sixty years. Following independence in 1965, the rate of population growth rose due to improved health status of the population. The population doubled by 1978, and the population growth rate peaked at 3.4% in 1985. By 2007, the population had reached 300,000, although the census in 2000 showed that the population growth rate had declined to 1.9%. Life expectancy at birth stood at 46 years in 1978, while it has now risen to 72 years. Infant mortality has declined from 127 per thousand in 1977 to 12 per thousand today, and adult literacy stands at 99%. Combined school enrollment stands in the high 90s.

As of April 2008, more than 70,000 foreign employees live in the country and another 33,000 illegal immigrants comprise more than one third of Maldivian population. They consist mainly of people from the neighboring South Asian countries of India, Sri Lanka, Bangladesh and Nepal.

Economy

In ancient times the Maldives were renowned for cowry shells, coir rope, dried tuna fish (Maldive Fish), ambergris (Maavaharu) and coco de mer (Tavakkaashi). Local and foreign trading ships used to load these products in Sri Lanka and transport them to other harbors in the Indian Ocean.

Historically Maldives provided enormous quantities of cowry shells, an international currency of the early ages. From the 2nd century AD the islands were known as the 'Money Isles' by the Arabs. Monetaria moneta were used for centuries as a currency in Africa, and huge amounts of Maldivian cowries were introduced into Africa by western nations during the period of slave trade. The cowry is now the symbol of the Maldives Monetary Authority.

The Maldivian government began an economic reform program in 1989, initially by lifting import quotas and opening some exports to the private sector. Subsequently, it has liberalized regulations to allow more foreign investment. Real GDP growth averaged over 7.5% per year for more than a decade. Today, the Maldives' largest industry is tourism, accounting for 28% of GDP and more than 60% of the Maldives' foreign exchange receipts. Fishing is the second leading sector.

The Maldivian economy is to a large degree based on tourism. In late December 2004, the major tsunami left more than 100 dead, 12,000 displaced, and property damage exceeding $400 million. As a result of the tsunami, the GDP contracted by about 3.6% in 2005. A rebound in tourism, post-tsunami reconstruction, and development of new resorts helped the economy recover quickly and showed an 18% increase on 2006. 2007 estimates show the Maldives enjoy the highest GDP per capita $4,600 (2007 est) amongst south Asian countries.

The Maldives was largely terra incognita for tourists until the early 1970s. Strewn across the equator in the Indian Ocean, the Maldives archipelago possesses a truly unique geography as a small island country. Nature has fragmented the archipelago into 1,190 tiny islands that occupy a mere one per cent of its 90,000 km^2 territory. Only 185 islands are home to its 300,000 population, while the other islands are used entirely for economic purposes of which tourism and agriculture are the most dominant. Tourism accounts for 28% of GDP and more than 60% of the Maldives' foreign exchange receipts. Over 90% of government tax revenue comes from import duties and tourism-related taxes. The development of tourism has fostered the overall growth of the country's economy. It has created direct and indirect employment and income generation opportunities in other related industries. The first tourist resorts were opened in 1972 with Bandos island resort and Kurumba Village.

According to the Ministry of Tourism website, the emergence of tourism in 1972 transformed the economy of the Maldives, moving rapidly from the dependence on the fisheries sector to the tourism sector. In just three and a half decades, the industry has become the main source of income and livelihood of the people of the Maldives. Tourism is also the country's biggest foreign currency earner and the single largest contributor to the GDP. Today, there are 89 resorts in the Maldives with a bed capacity of over 17,000, providing facilities for tourists whose annual arrival figure exceeds 600,000.

The number of resorts has increased from 2 to 92 between 1972 and 2007. As of 2007, over 8,380,000 tourists had visited Maldives.

Most visitors arrive at Malé International Airport, on Hulhulé Island, adjacent to the capital Malé. The airport is served by an array of flights to India, Sri Lanka, Doha, Dubai and major airports in South-East Asia, as well as an increasing number of charters from Europe. Many flights stop in Colombo (Sri Lanka) enroute.

Gan Airport, on the southern atoll of Addu, also serves an international flight to Milan several times a week.

For many centuries the Maldivian economy was entirely dependent on fishing and other marine products. Fishing remains the main occupation of the people and the government gives special priority to the development of the fisheries sector.

The mechanization of the traditional fishing boat called dhoni in 1974 was a major milestone in the development of the fisheries industry and the country's economy in general. A fish canning plant was installed in the island of Felivaru in 1977, as a joint venture with a Japanese firm. In 1979, a Fisheries Advisory Board was set up with the mandate of advising the government on policy guidelines for the overall development of the fisheries sector. Manpower development programs were begun in the early 1980s, and fisheries education was incorporated into the school curriculum. Fish aggregating devices and navigational aids were located at various strategic points. Moreover, the opening up of the Exclusive Economic Zone (EEZ) of the Maldives for fisheries has further enhanced the growth of the fisheries sector. Today, fisheries contribute over fifteen percent of the country's GDP and engage about thirty percent of the country's work force. It is also the second-largest foreign exchange earner after tourism.

Mali

AFRICA

A former French colony, Mali is landlocked in the heart of west Africa. The 1991 coup ended the 23-year dictatorship of Moussa Traoré and ushered in multiparty elections from 1992.

OFFICIAL NAME: Republic of Mali
DATE OF FORMATION: 1960
CAPITAL: Bamako
POPULATION: 14.5 million
TOTAL AREA: 478,764 sq. miles (1,240,000 sq. km)
DENSITY: 28 people per sq. mile
LANGUAGES: Bambara, Fulani, Senufo, Soninke, French*
RELIGIONS: Muslim 80%, traditional beliefs 18%, Christian 1%, other 1%
ETHNIC MIX: Bambara 32%, other 33%, Fulani 14%, Senufu 12%, Soninka 9%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Mali is a landlocked nation in West Africa, located southwest of Algeria. It lies between latitudes 10° and 25°N, and longitudes 13°W and 5°E.

At 1,240,000 square kilometres (479,000 sq mi), Mali is the world's 24th-largest country and is comparable in size to South Africa or Angola. Most of the country lies in the southern Sahara, which produces a hot, dust-laden Sudanian savanna zone. Mali is mostly flat, rising to rolling northern plains covered by sand. The Adrar des Ifoghas lies in the northeast.

The country's climate ranges from tropical in the south to arid in the north. Most of the country receives negligible rainfall; droughts are frequent. Late June to early December is the rainy season. During this time, flooding of the Niger River is common, creating the Inner Niger Delta. The nation has considerable natural resources, with gold, uranium, phosphates, kaolinite, salt and limestone being most widely exploited. Mali faces numerous environmental challenges, including desertification, deforestation, soil erosion, and inadequate supplies of potable water.

Climate

Mali's climate ranges from subtropical in the south to arid in the north. The country is mostly dry, with 4–5 months of rainy season. In Bamako, at an elevation of 340 meters (1,115 ft) above sea level, temperatures generally range from 16 to 39 °C (60.8 to 102.2 °F). January is the coldest month, with temperatures ranging from 16 to 33 °C (60.8 to 91.4 °F), and April is the hottest month, with temperatures averaging 34 to 39 °C (93.2 to 102.2 °F). Annual precipitation in Bamako averages 1,120 millimeters (44.1 in). The driest months are December and January with zero rainfall. The wettest month is August, which averages 220 millimeters (8.7 in) of rainfall. Most of the country receives negligible rainfall, and droughts are a recurring problem. During dry seasons, a hot, dust-laden harmattan haze is also common. Flooding of the Niger River occurs regularly in the rainy season (approximately June/July–November/December).

People & Society

Most people live in the southern savanna region. The Bambara tribe are culturally and politically dominant. A few nomadic Fulani and Tuareg herders travel the northern plains. There is tension between the peoples of the south and Tuareg in the north. Malian women have little status.

Economy

Mali is one of the poorest countries in the world. The average worker's annual salary is approximately US$1,500. Between 1992 and 1995, Mali implemented an economic adjustment program that resulted in economic growth and a reduction in financial imbalances. The program increased social and economic conditions, and led to Mali joining the World Trade Organization on 31 May 1995. The gross domestic product (GDP) has risen since. In 2002, the GDP amounted to US$3.4 billion, and increased to US$5.8 billion in 2005, which amounts to an approximately 17.6% annual growth rate.

Mali's key industry is agriculture. Cotton is the country's largest crop export and is exported west throughout Senegal and the Ivory Coast. During 2002, 620,000 tons of cotton were produced in Mali but cotton prices declined significantly in 2003. In addition to cotton, Mali produces rice, millet, corn, vegetables, tobacco, and tree crops. Gold, livestock and agriculture amount to eighty percent of Mali's exports. Eighty percent of Malian workers are employed in agriculture while fifteen percent work in the service sector. However, seasonal variations lead to regular temporary unemployment of agricultural workers. Mali's resource in livestock consists of millions of cattle, sheep, and goats. Approximately 40% of Mali's herds were lost during the Sahel drought in 1972–74.

In 1991, with the assistance of the International Development Association, Mali relaxed the enforcement of mining codes which led to renewed foreign interest and investment in the mining industry. Gold is mined in the southern region and Mali has the third highest gold production in Africa (after South Africa and Ghana). The emergence of gold as Mali's leading export product since 1999 has helped mitigate some of the negative impact of the cotton and Côte d'Ivoire crises. Other natural resources include kaolin, salt, phosphate, and limestone.

Electricity and water are maintained by the Energie du Mali, or EDM, and textiles are generated by Industry Textile du Mali, or ITEMA. Mali has made efficient use of hydroelectricity, consisting of over half of Mali's electrical power. In 2002, 700 GWh of hydroelectric power were produced in Mali.

The Malian government participates in foreign involvement, concerning commerce and privatization. Mali underwent economic reform, beginning in 1988 by signing agreements with the World Bank and the International Monetary Fund. During 1988 to 1996, Mali's government largely reformed public enterprises. Since the agreement, sixteen enterprises were privatized, twelve partially privatized, and twenty liquidated. In 2005, the Malian government conceded a railroad company to the Savage Corporation. Two major companies, Societé de Telecommunications du Mali (SOTELMA) and the Cotton Ginning Company (CMDT), are expected to be privatized in 2008.

Mali is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

Malta

EUROPE

The densely populated Maltese archipelago lies between Africa and Europe. Controlled throughout its history by successive colonial powers, it gained independence from the UK in 1964.

OFFICIAL NAME: Republic of Malta
DATE OF FORMATION: 1964
CAPITAL: Valletta
POPULATION: 417,608
TOTAL AREA: 122 sq. miles (316 sq. km)
DENSITY: 3296 people per sq. mile
LANGUAGES: Maltese*, English*
RELIGIONS: Roman Catholic 98%, other and nonreligious 2%
ETHNIC MIX: Maltese 96%, other 4%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Malta is an archipelago in the central Mediterranean (in its eastern basin), some 93 km (57.79 mi) south of the Italian island of Sicily across the Malta Channel. Only the three largest islands – Malta (Malta), Gozo (Għawdex), and Comino (Kemmuna) – are inhabited. The smaller islands (see below) are uninhabited. The islands of the archipelago were formed from the high points of a land bridge between Sicily and North Africa that became isolated as sea levels rose after the last Ice Age. The archipelago lies on the edge of the African tectonic plate where it meets the Eurasian plate.

Numerous bays along the indented coastline of the islands provide good harbours. The landscape consists of low hills with terraced fields. The highest point in Malta is Ta' Dmejrek, at 253 m (830 ft), near Dingli. Although there are some small rivers at times of high rainfall, there are no permanent rivers or lakes on Malta. However, some watercourses have fresh water running all year round at Baħrija, l-Imtaħleb and San Martin, and at Lunzjata Valley in Gozo.

Phytogeographically, Malta belongs to the Liguro-Tyrrhenian province of the Mediterranean Region within the Boreal Kingdom. According to the WWF, the territory of Malta belongs to the ecoregion of "Mediterranean Forests, Woodlands and Scrub".

Climate

Malta has a Subtropical–Mediterranean climate (Köppen climate classification Csa), with mild winters and warm to hot summers. Rain occurs mainly in winter, with summer being generally dry.

The average yearly temperature is 22–23 °C (72–73 °F) during the day and 15 °C (59 °F) at night. In the coldest month – January – the temperature ranges from 12 to 20 °C (54 to 68 °F) during the day and 7 to 12 °C (45 to 54 °F) at night. In the warmest month – August – the temperature ranges from 28 to 34 °C (82 to 93 °F) during the day and 19 to 24 °C (66 to 75 °F) at night. Generally – summer's/holiday season lasts to 8 months, starting from around mid-April with temperatures 19–23 °C (66–73 °F) during the day and 13–14 °C (55–57 °F) at night, ending in November with temperatures 17–23 °C (63–73 °F) during the day and 11–20 °C (52–68 °F) at night, although also in the remaining 4 months temperatures sometimes reach 20 °C (68 °F). Amongst all capitals in the continent of Europe, Valletta – the capital of Malta has the warmest winters, with average temperatures of 15–16 °C (59–61 °F) during the day and 9–10 °C (48–50 °F) at night in the period January–February. In March and December average temperatures is around 17 °C (63 °F) during the day and 11 °C (52 °F) at night. Large fluctuations in temperature are rare. Also, Malta is one of the few places in Europe which are "green" all year round.

Average annual temperature of the sea is 20 °C (68 °F) (the highest in the continent of Europe), from 16 °C (61 °F) in January to 26 °C (79 °F) in August. In the entire 6 months – from June to November – the average sea temperature exceeds 21 °C (70 °F)

Sunshine hours total around 3,000 per year (one of the highest results in Europe), from an average above five hours of sunshine per day in December to an average above 12 hours in July. This is about double that of cities in the northern half of Europe, for comparison: London – 1,461, however in winter up to some times more sunshine, for comparison: London has 37 hours while Malta has 155 or 164 (depending on the sources) hours of sunshine in December.

People & Society

Over the centuries, the Maltese have been subject to Arab, Sicilian, Spanish, French, and British influences. Today, the population is socially conservative and devoutly Roman Catholic – on a percentage basis, risen more so than virtually any other nation. Unemployment is high, particularly for women. Divorce is banned. Illegal migration from Africa has increased since Malta joined the EU in 2004.

Native Maltese people make up the majority of the island. However there are minorities, the largest of which are British people, many of whom retired to Malta. The resident population of Malta, which includes foreigners residing in Malta for at least a year, as of 27 November 2005 was estimated at 404,039 of whom 200,715 (49.7%) were male and 203,324 (50.3%) were female. Of these, 17.1 per cent were aged 14 and under, 68.2 per cent were within the 15–64 age bracket whilst the remaining 13.7 per cent were 65 years and over. Malta's population density of 1,282 per square kilometer (3,322/sq mi) is by far the highest in the EU , and one of the highest in the world. The only census year showing a fall in population was that of 1967, with a 1.7% total decrease, attributable to a substantial number of Maltese residents who emigrated.

Economy

Malta is classified as an advanced economy together with 32 other countries according to the International Monetary Fund (IMF). Until 1800 Malta depended on cotton, tobacco and its shipyards for exports. After the British arrived, they came to depend on the dockyard for support of the Royal Navy, especially during the Crimean War of 1854. The military base benefited craftsmen and all those who served the military.

In 1869, the opening of the Suez Canal gave Malta's economy a great boost, as there was a massive increase in the shipping which entered the port. Ships stopping at Malta's docks for refuelling helped the Entrepôt trade, which brought additional benefits to the island.

However, towards the end of the 19th century the economy began declining, and by the 1940s Malta's economy was in serious crisis. One factor was the longer range of newer merchant ships that required less frequent refuelling stops.

The dolphin show at Mediterraneo Marine Park. Tourism generates a significant part of the GDP of Malta

Currently, Malta's major resources are limestone, a favourable geographic location and a productive labour force. Malta produces only about 20% of its food needs, has limited freshwater supplies and has no domestic energy sources. The economy is dependent on foreign trade (serving as a freight trans-shipment point), manufacturing (especially electronics and textiles) and tourism. Malta is a popular tourist destination, with 1.2 million tourists every year. Three times more tourists visit than there are residents. Tourism infrastructure has increased dramatically over the years and a number of good-quality hotels are present on the island, although overdevelopment and the destruction of traditional housing is of growing concern. An increasing number of Maltese now travel abroad on holiday. Although they are still a net importer of tourism, the ratio of inbound tourists to outbound tourists is decreasing.

Film production is a growing contributor to the Maltese economy, with several big-budget foreign films shooting in Malta each year. The country has increased the exports of many other types of services such as banking and finance.

The government is investing heavily in education, including college.

Malta has recently privatised some state-controlled firms and liberalised markets in order to prepare for membership in the European Union, which it joined on 1 May 2004. For example, the government announced on 8 January 2007 that it is selling its 40% stake in MaltaPost, in order to complete a privatisation process which has been ongoing for the past five years. In 2010, Malta has managed to privatize telecommunications, postal services, shipyards and shipbuilding.

Malta and Tunisia are currently discussing the commercial exploitation of the continental shelf between their countries, particularly for petroleum exploration. These discussions are also undergoing between Malta and Libya for similar arrangements.

Malta does not have a property tax.

According to Eurostat data, Maltese PPS GDP per capita stood at 76 per cent of the EU average in 2008.

Marshall Islands

AUSTRALASIA & OCEANIA

Under US rule as part of the UN Trust Territory of the Pacific Islands until independence in 1986, the Marshall Islands comprises a group of 34 widely scattered atolls.

OFFICIAL NAME: Republic of the Marshall Islands
DATE OF FORMATION: 1986
CAPITAL: Majuro
POPULATION: 68,000
TOTAL AREA: 70 sq. miles (181 sq. km)
DENSITY: 733 people per sq. mile
LANGUAGES: Marshallese*, English*, Japanese, German
RELIGIONS: Protestant 90%, Roman Catholic 8%, other 2%
ETHNIC MIX: Micronesian 97%, other 3%
GOVERNMENT: Presidential system
CURRENCY: US dollar = 100 cents

Geography

The islands are located north of Nauru and Kiribati, east of the Federated States of Micronesia, and south of the U.S. territory of Wake Island, to which it lays claim.

The country consists of 29 atolls and 5 isolated islands. The atolls and islands form two groups: the Ratak Chain and the Ralik Chain (meaning "sunrise" and "sunset" chains). 24 of them are inhabited (see above section). The uninhabited atolls are:

- Ailinginae Atoll

- Bikar (Bikaar) Atoll

- Bikini Atoll

- Bokak Atoll

- Erikub Atoll

- Jemo Island

- Nadikdik Atoll

- Rongerik Atoll

- Toke Atoll

- Ujelang Atoll

A majority of the islands' land mass is at sea level.

Climate

The climate is hot and humid, with a wet season from May to November. The islands occasionally suffer from typhoons. Many Pacific typhoons start in the Marshall Islands region and grow stronger as they move west toward the Mariana Islands and the Philippines.

In December 2008, the Islands were pounded several times in quick succession by long period swell waves generated by an extratropical storm. These extreme waves combined with high tides, causing widespread flooding in the capital city of Majuro and other urban centres, located at 1 metre (3 ft 3 in) above sea level. On Christmas morning, the government declared a state of emergency.

People & Society

Majuro, the capital city and commercial center, is home to almost half the population. Tensions are high due to poor living conditions. Life on the outlying islands is still traditional, based around subsistence agriculture and fishing. Society is matrilineal, with land and titles handed down through the mother's clan.

Economy

The government of the Marshall Islands is the largest employer, employing 30.6% of the work force, down by 3.4% since 1988. GDP is derived mainly from payments made by the United States under the terms of the Compact of Free Association. Direct U.S. aid accounted for 60% of the Marshalls' $90 million budget.

The economy combines a small subsistence sector and a modern urban sector. In short, fishing and breadfruit, banana, taro, and pandanus cultivation constitute the subsistence sector. On the outer islands, production of copra and handicrafts income provide cash income. The modern service-oriented economy is located in Majuro and Ebeye. It is sustained by government expenditures and the U.S. Army installation at Kwajalein Atoll. The airfield there also serves as a second national hub for international flights.

The modern sector consists of wholesale and retail trade; restaurants; banking and insurance; construction, repair, and professional services; and copra processing. Copra cake and oil are by far the nation's largest exports. A tuna loining plant employs 300 workers, mostly women, at $1.50 per hour. Copra production, the most important single commercial activity for the past 100 years, now depends on government subsidies. The subsidies, more a social policy than an economic strategy, help reduce migration from outer atolls to densely populated Majuro and Ebeye.

Marine resources, including fishing, aquaculture, tourism development, and agriculture, are top government development priorities. The Marshall Islands sells fishing rights to other nations as a source of income. In recent years, the Marshall Islands has begun to offer ship registrations under the Marshall Islands flag. As a small nation, the Marshall Islands must import a wide variety of goods, including foodstuffs, consumer goods, machinery, and petroleum products.

Mauritania

AFRICA

Two-thirds of Mauritania's territory is desert – the only productive land is that drained by the Senegal River. The country has taken a strongly Arab direction since 1964.

OFFICIAL NAME: Islamic Republic of Mauritania
DATE OF FORMATION: 1960
CAPITAL: Nouakchott
POPULATION: 3.06 million
TOTAL AREA: 397,953 sq. miles (1,030,700 sq. km)
DENSITY: 8 people per sq. mile
LANGUAGES: Hassaniyah Arabic*, Wolof, French
RELIGIONS: Sunni Muslim 100%
ETHNIC MIX: Maure 81%, Wolof 7%, Tukolor 5%, other 4%, Soninka 3%
GOVERNMENT: Presidential system
CURRENCY: Ouguiya = 5 khoums

Geography

At 397,929 square miles (1,030,631 km^2), Mauritania is the world's 29th-largest country (after Bolivia). It is comparable in size to Egypt. It lies mostly between latitudes 14° and 26°N, and longitudes 5° and 17°W (small areas are east of 5° and west of 17°).

Mauritania is generally flat, with vast arid plains broken by occasional ridges and cliff-like outcroppings. A series of scarps face south-west, longitudinally bisecting these plains in the center of the country. The scarps also separate a series of sandstone plateaus, the highest of which is the Adrar Plateau, reaching an elevation of 500 meters (1,640 ft). Spring-fed oases lie at the foot of some of the scarps. Isolated peaks, often rich in minerals, rise above the plateaus; the smaller peaks are called guelbs and the larger ones kedias. The concentric Guelb er Richat (also known as the Richat Structure) is a prominent feature of the north-central region. Kediet ej Jill, near the city of Zouîrât, has an elevation of 1,000 meters (3,281 ft) and is the highest peak.

Approximately three quarters of Mauritania is desert or semidesert. As a result of extended, severe drought, the desert has been expanding since the mid-1960s. To the west, between the ocean and the plateaus, are alternating areas of clayey plains (regs) and sand dunes (ergs), some of which shift from place to place, gradually moved by high winds. The dunes generally increase in size and mobility toward the north.

Climate

The climate is characterized by extremes in temperature and by meager and irregular rainfall. Annual temperature variations are small, although diurnal variations can be extreme. The harmattan, a hot, dry, and often dust-laden wind, blows from the Sahara throughout the long dry season and is the prevailing wind, except along the narrow coastal strip, which is influenced by oceanic trade winds. Most rain falls during the short rainy season (hivernage), from July to September, and average annual precipitation varies from 500 to 600 millimetres (19.7 to 23.6 in) in the far south to less than 100 millimetres (3.9 in) in the northern two-thirds of the country.

he Saharan Zone makes up the northern two-thirds of the country. Its southern boundary corresponds to the isohyet (a line on the Earth's surface along which the rainfall is the same) that represents annual precipitation of 150 millimetres (5.9 in). Rain usually falls during the hivernage, which lasts from July to September. Often, isolated storms drop large amounts of water in short periods of time. A year, or even several years, may pass without any rain in some locations.

Diurnal variations in temperature in the Saharan Zone may be extreme, although annual variations are minimal. During December and January, temperatures range from an early morning low of 0 °C (32 °F) to a midafternoon high of 38 °C (100.4 °F). During May, June, and July, temperatures range from 16 °C (60.8 °F) in the morning to more than 49 °C (120.2 °F) by afternoon. Throughout the year, the harmattan often causes blinding sandstorms.

The administrative regions (formerly called cercles) of Tiris Zemmour in the north, Adrar in the center, and northern Hodh ech Chargui in the east, which make up most of the Saharan Zone, are vast empty stretches of dunes alternating with granite outcroppings. After a rain, or in the presence of a well, these outcroppings may support vegetation. In the populated Adrar and Tagant plateaus, springs and wells provide water for pasturage and some agriculture. In the western portion of the Saharan Zone, extending toward Nouakchott, rows of sand dunes are aligned from northeast to southwest in ridges from two to twenty kilometres wide. Between these ridges are depressions filled with limestone and clayey sand capable of supporting vegetation after a rain. Dunes in the far north shift with the wind more than those in the south.

The Saharan Zone has little vegetation. Some mountainous areas with a water source support small-leafed and spiny plants and scrub grasses suitable for camels. Because seeds of desert plants can remain dormant for many years, dunes often sprout sparse vegetation after a rain. In depressions between dunes, where the water is nearer the surface, some flora—including acacias, soapberry trees, capers, and swallowwort—may be found. Saline areas have a particular kind of vegetation, mainly chenopods, which are adapted to high salt concentrations in the soil. Cultivation is limited to oases, where date palms are used to shade other crops from the sun.

People & Society

The majority Maures control political and economic life. Family solidarity among nomadic peoples is particularly strong. Ethnic tension centers on the oppression of the sizable black minority by Maures. Tens of thousands of blacks are
estimated to be in illegal slavery.

The French occupied the country in 1860 in close cooperation with Moorish religious leaders. Mauritania became a nation after the destruction of the kingdoms of Fouta Toro and Walo Walo and the Arab-Berber emirates of Trarza, Brakna, Taganet, and Adrar. As a result, the country has two main populations: sub-Saharan Africans and Moors. The sub-Saharan African population includes the Fulani, Soninke, and Bambara ethnic groups. The Moors include the "whites", known as Beydan, and the "blacks", known as Haratin. Both "white" and "black" Moors are Arabic and Berber-speaking peoples. The most important common denomination, if not the only one, is Sunni Islam.

Economy

Mauritania has one of the lowest GDP rates in Africa, despite being rich in natural resources. However, a majority of the population still depends on agriculture and livestock for a livelihood, even though most of the nomads and many subsistence farmers were forced into the cities by recurrent droughts in the 1970s and 1980s. Mauritania has extensive deposits of iron ore, which account for almost 50% of total exports. With the current rises in metal prices, gold and copper mining companies are opening mines in the interior. The nation's coastal waters are among the richest fishing areas in the world, but overexploitation by foreigners threatens this key source of revenue. The country's first deepwater port opened near Nouakchott in 1986. In recent years, drought and economic mismanagement have resulted in a buildup of foreign debt. In March 1999, the government signed an agreement with a joint World Bank-International Monetary Fund mission on a $54 million enhanced structural adjustment facility (ESAF). The economic objectives have been set for 1999–2002. Privatization remains one of the key issues. Mauritania is unlikely to meet ESAF's annual GDP growth objectives of 4%–5%.

Oil was discovered in Mauritania in 2001 in the offshore Chinguetti deposit. Although potentially significant for the Mauritanian economy, it remains to be seen how much it will help the country. Mauritania has been described as a "desperately poor desert nation, which straddles the Arab and African worlds and is Africa's newest, if small-scale, oil producer." There may be additional oil reserves inland in the Taoudeni basin, although the harsh environment will make extraction expensive.

The Government's current main problem is privatizing the economy.

Mauritius

AFRICA

The islands that make up Mauritius lie in the Indian Ocean east of Madagascar. They have enjoyed considerable economic success following recent industrial diversification and expansion.

OFFICIAL NAME: Republic of Mauritius
DATE OF FORMATION: 1968
CAPITAL: Port Louis
POPULATION: 1.28 million
TOTAL AREA: 718 sq. miles (1860 sq. km)
DENSITY: 1794 people per sq. mile
LANGUAGES: French Creole, Hindi, Urdu, Tamil, Chinese, English*, French
RELIGIONS: Hindu 52%, Catholic 26%, Muslim 17%, other 3%, Protestant 2%
ETHNIC MIX: Indo-Mauritian 68%, Creole 27%, other 5%
GOVERNMENT: Parliamentary system
CURRENCY: Mauritian rupee = 100 cents

Geography

Together with Réunion and Rodrigues, Mauritius is part of the Mascarene Islands. This archipelago was formed in a series of undersea volcanic eruptions 8-10 million years ago, as the African plate drifted over the Réunion hotspot. They are no longer volcanically active, and the hotspot now rests under Réunion. The island of Mauritius itself is formed around a central plateau, with its highest peak in the southwest, Piton de la Petite Rivière Noire at 828 metres (2,717 ft). Around the plateau, the original crater can still be distinguished from several mountains.

The island's capital and largest city is Port Louis, in the northwest. Other important towns are Rose-Hill and Beau-Bassin, Curepipe, Vacoas, Phoenix, Quatre Bornes.

Climate

The local climate is tropical, modified by southeast trade winds; there is a warm, dry winter from May to November and a hot, wet, and humid summer from November to May. Anti-cyclones affect the country during May to September. Cyclones affect the country during November–April. Hollanda (1994) and Dina (2002) were the worst two last cyclones to have affected the island.

People & Society

Most people are descendants of laborers brought over from India in the 19th century. A small minority of French descent form the wealthiest group. Creoles (descendants of African slaves) complain of discrimination. Literacy is high. Health care is free. Criminal offenses are usually traffic-related; little crime on outer islands.

Economy

Since independence in 1968, Mauritius has developed from a low-income, agriculturally based economy to a middle income diversified economy with growing industrial, financial, and tourist sectors. For most of the period, annual growth has been of the order of 5% to 6%, far above the sub-Saharan African average. Despite the rapid growth, that growth has been equitable and income equality has improved as its Gini coefficient fell from 0.457 to 0.389 between 1980 and 2006. This has been reflected in increased life expectancy, lowered infant mortality and improved infrastructure.

Estimated at US$12,356 for 2009 at purchasing power parity (PPP), Mauritius has the sixth-highest GDP per capita in Africa, behind Seychelles (US$19,274 at PPP), Equatorial Guinea (US$16,853 at PPP), Gabon (US$14,421 at PPP), Libya (US$14,381 at PPP) and Botswana (US$13,417 at PPP). The economy is mainly dependent on sugarcane plantations, tourism, textiles, and services, but other sectors such as seafood processing, information technology and medical tourism are rapidly developing as well. Mauritius, Libya, and Seychelles are the only three African nations with a "high" Human Development Index rating. Réunion, as part of France, is not listed by the UN in their Human Development Index ranking.

Sugar cane is grown on about 90% of the cultivated land area and accounts for 25% of export earnings. Mauritius is a good example of a monocrop economy but since it is no more dependent only upon agriculture, using this term would not be apt. However, a record-setting drought severely damaged the sugar crop in 1999. The government's development strategy centres on foreign investment. Mauritius has attracted over 9,000 offshore entities, many aimed at commerce in India and South Africa, while investment in the banking sector alone has reached over $1 billion. Economic performance during the period from 2000 through 2004 combined strong economic growth with unemployment at 7.6% in December 2004. France is the country's biggest trading partner, has close ties with the country, and provides technical assistance in various forms.

Mauritius in 2005 abolished an 80% tax on around 1,850 different types of goods as part of a plan to transform the Indian Ocean island into a a duty free "shopping paradise for tourists". In addition, reforms aimed at attracting new business opportunities have also been implemented. However, one of the biggest impediments is the traffic movement between the towns, which is slowing the development of Mauritius. The corporate tax has recently been reduced to 15% to encourage non-resident companies to trade or invest through a permanent establishment or otherwise.

Mauritius ranks first among all countries in FDI inflows to India, with cumulative inflows amounting to US$10.98 billion. The top sectors attracting FDI inflows from Mauritius between January 2000 and December 2005 were electrical equipment, telecommunications, fuels, cement and gypsum products and services sector (financial and non-financial).

Mauritius is one country that has achieved successful economic and human development with a dual-track approach to economic liberalisation, whereby poorer sections of society have participated in its economic growth. The experience of Mauritius has been used, alongside a number of other countries that have adopted a dual-track approach, to highlight the benefits to both economic growth and human development. However, inflation and its impact on living costs remains a major issue. Between 2006 and 2008, the average rate of inflation was 9.1%; between 2007 and 2010, the Consumer Price Index, which gives an idea of the cost of products that are commonly consumed, rose from a yearly average of 103.8 points to 120.2 points.

Mexico

NORTH & CENTRAL AMERICA

Mexico stretches from the US border southward into the ancient Aztec and Mayan heartlands. Independence from Spain came in 1836. One in five Mexicans lives in the sprawling capital.

OFFICIAL NAME: United Mexican States
DATE OF FORMATION: 1836
CAPITAL: Mexico City
POPULATION: 112 million
TOTAL AREA: 761,602 sq. miles (1,972,550 sq. km)
DENSITY: 149 people per sq. mile
LANGUAGES: Spanish*, Nahuatl, Mayan, Zapotec, Mixtec, Otomi, Totonac, other
RELIGIONS: Roman Catholic 88%, other 7%, Protestant 5%
ETHNIC MIX: Mestizo 60%, Amerindian 30%, European 9%, other 1%
GOVERNMENT: Presidential system
CURRENCY: Mexican peso = 100 centavos

Geography

Mexico is located between latitudes 14° and 33°N, and longitudes 86° and 119°W in the southern portion of North America. Almost all of Mexico lies in the North American Plate, with small parts of the Baja California peninsula on the Pacific and Cocos Plates. Geophysically, some geographers include the territory east of the Isthmus of Tehuantepec (around 12% of the total) within Central America. Geopolitically, however, Mexico is entirely considered part of North America, along with Canada and the United States.

Mexico's total area is 1,972,550 km^2 (761,606 sq mi), making it the world's 14th largest country by total area, and includes approximately 6,000 km^2 (2,317 sq mi) of islands in the Pacific Ocean (including the remote Guadalupe Island and the Revillagigedo Islands), Gulf of Mexico, Caribbean, and Gulf of California. From its farthest land points, Mexico is a little over 2,000 mi (3,219 km) in length.

On its north, Mexico shares a 3,141 km (1,952 mi) border with the United States. The meandering Río Bravo del Norte (known as the Rio Grande in the United States) defines the border from Ciudad Juárez east to the Gulf of Mexico. A series of natural and artificial markers delineate the United States-Mexican border west from Ciudad Juárez to the Pacific Ocean. On its south, Mexico shares an 871 km (541 mi) border with Guatemala and a 251 km (156 mi) border with Belize.

Mexico is crossed from north to south by two mountain ranges known as Sierra Madre Oriental and Sierra Madre Occidental, which are the extension of the Rocky Mountains from northern North America. From east to west at the center, the country is crossed by the Trans-Mexican Volcanic Belt also known as the Sierra Nevada. A fourth mountain range, the Sierra Madre del Sur, runs from Michoacán to Oaxaca.

As such, the majority of the Mexican central and northern territories are located at high altitudes, and the highest elevations are found at the Trans-Mexican Volcanic Belt: Pico de Orizaba (5,700 m, 18,701 ft), Popocatepetl (5,462 m, 17,920 ft) and Iztaccihuatl (5,286 m, 17,343 ft) and the Nevado de Toluca (4,577 m, 15,016 ft). Three major urban agglomerations are located in the valleys between these four elevations: Toluca, Greater Mexico City and Puebla.

Climate

The Tropic of Cancer effectively divides the country into temperate and tropical zones. Land north of the twenty-fourth parallel experiences cooler temperatures during the winter months. South of the twenty-fourth parallel, temperatures are fairly constant year round and vary solely as a function of elevation. This gives Mexico one of the world's most diverse weather systems.

Areas south of the twenty-fourth parallel with elevations up to 1,000 m (3,281 ft) (the southern parts of both coastal plains as well as the Yucatán Peninsula), have a yearly median temperature between 24 to 28 °C (75.2 to 82.4 °F). Temperatures here remain high throughout the year, with only a 5 °C (9 °F) difference between winter and summer median temperatures. Both Mexican coasts, except for the south coast of the Bay of Campeche and northern Baja, are also vulnerable to serious hurricanes during the summer and fall. Although low-lying areas north of the twentieth-fourth parallel are hot and humid during the summer, they generally have lower yearly temperature averages (from 20 to 24 °C or 68 to 75.2 °F) because of more moderate conditions during the winter.

Many large cities in Mexico are located in the Valley of Mexico or in adjacent valleys with altitudes generally above 2,000 m (6,562 ft). This gives them a year-round temperate climate with yearly temperature averages (from 16 to 18 °C or 60.8 to 64.4 °F) and cool nighttime temperatures throughout the year.

Many parts of Mexico, particularly the north, have a dry climate with sporadic rainfall while parts of the tropical lowlands in the south average more than 2,000 mm (78.7 in) of annual precipitation. For example, many cities in the north like Monterrey, Hermosillo, and Mexicali experience temperatures of 40 °C (104 °F) or more in summer. In the Sonoran Desert temperatures reach 50 °C (122 °F) or more.

People & Society

Most Mexicans are mestizos of Spanish–Amerindian descent. Rural Amerindians are largely segregated from Hispanic society and most live in poverty, though the state promotes their culture. The Zapatista movement backs indigenous rights. Few women in maledominated politics and business. Narcotics-related violent crime is rising.

Mexico represents the largest source of immigration to the United States. About 9% of the population born in Mexico is now living in the United States. 28.3 million Americans listed their ancestry as Mexican as of 2006. Per the 2000 U.S. Census, a plurality of 47.3% of Mexican Americans self identify as White, closely followed by Mexican Americans who self identify as "Some other race", usually Mestizo (European/Indian) with 45.5%.

Mexico is home to the largest number of U.S. citizens abroad (estimated at one million as of 1999). The Argentine community is considered to be the second largest foreign community in the country (estimated somewhere between 30,000 and 150,000). Mexico also has a large Lebanese community, now numbering around 400,000. In October 2008, Mexico agreed to deport Cubans using the country as an entry point to the US. Large numbers of Central American migrants who have crossed Guatemala's western border into Mexico are deported every year. Small numbers of illegal immigrants come from Ecuador, Cuba, China, South Africa, and Pakistan.

Economy

Mexico has the 13th largest nominal GDP and the 11th largest by purchasing power parity. GDP annual average growth for the period of 1995–2002 was 5.1%. Foreign debt decreased to less than 20% of GDP. From 2000 to 2004, the population in poverty has decreased from 24.2% to 17.6% in the general population and from 42% to 27.9% in rural areas. Since the late 1990s, the majority of the population has been part of the growing middle class. The Mexican economy is expected to nearly triple by 2020. According to Goldman Sachs, by 2050 Mexico will have the 5th largest economy in the world.

According to a 2008 UN report the average income in a typical urbanized area of Mexico was $26,654, a rate higher than advanced nations like South Korea or Taiwan, while the average income in rural areas just miles away was only $8,403, a rate comparable to developing countries such as Russia or Turkey. Daily minimum wages are set annually by law and determined by zone; $57.46 Mexican pesos ($5.75 USD) in Zona A (Baja California, Federal District, State of Mexico, and large cities), $55.84 Mexican pesos ($5.59 USD) in Zone B (Sonora, Nuevo León, Tamaulipas, Veracruz, and Jalisco), and $54.47 Mexican pesos ($5.45 USD) in Zone C (all other states)

In 2006, trade with the United States and Canada accounted for almost 50% of its exports and 45% of its imports. During the first three quarters of 2010, the United States had a $46.0 billion trade deficit with Mexico. In August 2010 Mexico surpassed France to became the 9th largest holder of US debt. The commercial and financial dependence on the US is a cause for concern. The remittances from Mexican citizens working in the United States account for 0.2% of Mexico's GDP which was equal to US$20 billion dollars per year in 2004 and is the tenth largest source of foreign income after oil, industrial exports, manufactured goods, electronics, heavy industry, automobiles, construction, food, banking and financial services. According to Mexico's central bank, remittances in 2008 amounted to $25bn.

Mexico is the largest North American auto-producing nation, recently surpassing Canada and the U.S. The industry produces technologically complex components and engages in some research and development activities. The "Big Three" (General Motors, Ford and Chrysler) have been operating in Mexico since the 1930s, while Volkswagen and Nissan built their plants in the 1960s. In Puebla alone, 70 industrial part-makers cluster around Volkswagen. The relatively small domestic car industry is represented by DINA S.A., which has built buses and trucks for almost half a century, and the new Mastretta company that builds the high performance Mastretta MXT sports car.

Foreign firms such as MD Helicopters and Bombardier build helicopters and commercial jets respectively in Mexico.

A percentage of American-branded home appliances are actually of Mexican origin but sold under local brand names. As of 2008, one out of every four consumer appliances sold in the United States was of Mexican origin.

In 2010, Mexico had 86 companies in the Forbes Global 2000 list. Mexico is the first and only Latin American country to be included in the World Government Bond Index or WGBI, which list the most important global economies that circulate government debt bonds.

Major players in the broadcasting industry are Televisa, the largest Spanish media company in the Spanish-speaking world, and TV Azteca.

Mexico is the twenty-third highest tourism spender in the world, and the highest in Latin America. The vast majority of tourists come to Mexico from the United States and Canada. Many other visitors come from Europe and Asia. A small number of tourists also come from other Latin American countries. In the 2008 Travel and Tourism Competitiveness Index, fifth among Latin American countries, and the ninth in the Americas.

Mexico City is most popular with tourists as an ancient Meso-American city and the site of many popular tourist attractions such as the Pyramid of the Sun and the Pyramid of the Moon. The city is also home to the Plaza México and to the Mexican National Palace, built on the site of Montezuma's palace, and the huge Metropolitan Cathedral, the largest in the Western Hemisphere, built over the even greater Temple of Teocalli.

Guadalajara, Jalisco, the second-largest city by population in the Republic, is home of some of Mexico's best known traditions, such as tequila, mariachi music and charros, or Mexican cowboys. Its similitude with western European countries mixed with modern architecture and infrastructure makes Guadalajara very attractive to tourists. Along with Mexico City and beach destinations (Cancún, Acapulco, etc.), Guadalajara is one of the most visited cities in Mexico. Cultural tourism is the main attraction, the city being home to a large number of museums, art galleries and theatres.

Monterrey, was founded in the late 16th century. The downtown district is the oldest section in the city, surrounded by newer neighbourhoods. The Museo de Historia Mexicana (Museum of Mexican History), MARCO (Monterrey Museum of Contemporary Art), Metropolitan Museum of Monterrey and the Museum of the Palacio de Gobierno, or State House, are some of the better known museums in the city, as well as nationally. The Santa Lucía Riverwalk is a popular tourist site, connecting the Fundidora Park with the Macroplaza, one of the largest plazas in the world.

Micronesia

AUSTRALASIA & OCEANIA

The Federated States of Micronesia (FSM), situated in the western Pacific, comprise 607 islands and atolls grouped into four main island states: Pohnpei, Kosrae, Chuuk, and Yap.

OFFICIAL NAME: Federated States of Micronesia
DATE OF FORMATION: 1986
CAPITAL: Palikir (Pohnpei Island)
POPULATION: 111,000
TOTAL AREA: 271 sq. miles (702 sq. km)
DENSITY: 408 people per sq. mile
LANGUAGES: Trukese, Pohnpeian, Kosraean, Yapese, English*
RELIGIONS: Roman Catholic 50%, Protestant 48%, other 2%
ETHNIC MIX: Chuukese 49%, Pohnpeian 24%, other 19%, Kosraean 6%, Asian 2%
GOVERNMENT: Nonparty system
CURRENCY: US dollar = 100 cents

Geography

The Federated States of Micronesia (FSM) consists of 607 islands extending 1,800 miles (2,900 km) across the archipelago of the Caroline Islands east of the Philippines. The four constituent island groups are Yap, Chuuk (called Truk until January 1990), Pohnpei (called Ponape until November 1984), and Kosrae. The federal capital is Palikir, on Pohnpei. Separated from the four main island groups are the islands of Nukuoro and Kapingamarangi, which geographically and politically are part of Micronesia, but linguistically and culturally form part of Polynesia: the languages spoken on these two islands are of the Samoic family of Polynesian languages.

FSM enjoys a tropical climate, with quite even, warm temperatures throughout the year. Rainfall is generally plentiful, and Pohnpei reputedly is one of the wettest places on earth, with up to 330 inches (8.4 m) of rain per year. Nevertheless, drought conditions do occur periodically throughout FSM, especially when the El Niño condition moves into the Western Pacific, when groundwater supplies can dwindle to emergency proportions. Tropical typhoons are an annual threat, particularly to the low-lying atolls.

Climate

Tropical, with high humidity. There is very heavy rainfall outside the January– March dry season.

People & Society

Micronesians are physically, culturally, and linguistically diverse. Melanesians live on Yap, Polynesians in Pohnpei. The supply of electricity and running water is limited. Society is based on matrilineal clans.

Economy

The economic activity of the Federated States of Micronesia consists primarily of subsistence agriculture and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remoteness of the location and a lack of adequate facilities hinder development. Financial assistance from the US is the primary source of revenue, with the US pledged to spend $1.3 billion in the islands in 1986-2001. Geographical isolation and a poorly developed infrastructure are major impediments to long-term growth.

Under the terms of the Compact of Free Association, the United States provided FSM with around $2 billion in grants and services from 1986 to 2001. The Compact's financial terms are being renegotiated for an extension period. In 2001 the U.S. provided more than $84 million in Compact grants--an amount equivalent to over one-third of FSM's GDP--plus more than $20 million through other federal programs. Total official development assistance from all sources was more than $100 million in 2001, with nearly 90% of that total coming from the U.S.

The FSM public sector plays a central role in the economy as the administrator of the Compact money. The national and state-level governments employ over one-half of the country's workers and provide services accounting for more than 40%of GDP. Faced with the potential decrease or cessation of some of the assistance programs upon the Compact's financial provisions' expiry in 2001, the Government of the FSM in 1996 began to implement a program of economic reforms designed to reduce the role of the public sector in the economy.

The fishing industry is highly important. Foreign commercial fishing fleets pay over $20 million annually for the right to operate in FSM territorial waters. These licensing fees account for nearly 30% of domestic budgetary revenue. Additionally, exports of marine products, mainly reexports of fish to Japan, account for nearly 85% of export revenue.

The tourist industry is present but has been hampered by a lack of infrastructure. Visitor attractions include scuba diving in each state, World War II battle sites, and the ancient ruined city of Nan Madol on Pohnpei. Some 15,000 tourists visit the islands each year. The Asian Development Bank has identified tourism as one of FSM's highest potential growth industries.

Farming is mainly subsistence, and its importance is declining. The principal crops are coconuts, bananas, betel nuts, cassava, and sweet potatoes. Less than 10% of the formal labor force and less than 7% of export revenue come from the agriculture sector. Manufacturing activity is modest, consisting mainly of a garment factory in Yap and production of buttons from trochus shells.

Moldova

EUROPE

The most densely populated of the former Soviet republics, Moldova has strong ethnic, linguistic, and cultural links with Romania, but relations with Russia remain paramount.

OFFICIAL NAME: Republic of Moldova
DATE OF FORMATION: 1991
CAPITAL: Chisinau
POPULATION: 3.56 million
TOTAL AREA: 13,067 sq. miles (33,843 sq. km)
DENSITY: 277 people per sq. mile
LANGUAGES: Moldovan*, Ukrainian, Russian
RELIGIONS: Orthodox Christian 98%, Jewish 2%
ETHNIC MIX: Moldovan 64%, Ukrainian 14%, Russian 13%, Gagauz 4%, other 5%
GOVERNMENT: Parliamentary system
CURRENCY: Moldovan leu = 100 bani

Geography

Moldova lies between latitudes 45° and 49° N, and mostly between meridians 26° and 30° E (a small area lies east of 30°).

The largest part of the nation lies between two rivers, the Dniester and the Prut. The western border of Moldova is formed by the Prut river, which joins the Danube before flowing into the Black Sea. Moldova has access to the Danube for only about 480 m (1,575 ft), and Giurgiuleşti is the only Moldovan port on the Danube. In the east, the Dniester is the main river, flowing through the country from north to south, receiving the waters of Răut, Bâc, Ichel, Botna. Ialpug flows into one of the Danube limans, while Cogâlnic into the Black Sea chain of limans.

The country is landlocked, even though it is very close to the Black Sea. While most of the country is hilly, elevations never exceed 430 m (1,411 ft) — the highest point being the Bălăneşti Hill. Moldova's hills are part of the Moldavian Plateau, which geologically originate from the Carpathian Mountains. Its subdivisions in Moldova include Dniester Hills (Northern Moldavian Hills and Dniester Ridge), Moldavian Plain (Middle Prut Valley and Bălţi Steppe), and Central Moldavian Plateau (Ciuluc-Soloneţ Hills, Corneşti Hills (Codri Massive; "Codri" meaning "forests"), Lower Dniester Hills, Lower Prut Valley, and Tigheci Hills). In the south, the country has a small flatland, the Bugeac Plain. The territory of Moldova east of the river Dniester is split between parts of the Podolian Plateau, and parts of the Eurasian Steppe.

The country's main cities are the capital Chişinău, in the center of the country, Tiraspol (in the eastern region of Transnistria), Bălţi (in the north) and Bender (in the south-east). Comrat is the administrative center of Gagauzia.

Climate

Moldova's proximity to the Black Sea gives it a mild and sunny climate.

Moldova's climate is moderately continental: the summers are warm and long, with temperatures averaging about 20 °C (68 °F), and the winters are relatively mild and dry, with January temperatures averaging −4 °C (25 °F). Annual rainfall, which ranges from around 600 millimeters (23.6 in) in the north to 400 millimeters (15.7 in) in the south, can vary greatly; long dry spells are not unusual. The heaviest rainfall occurs in early summer and again in October; heavy showers and thunderstorms are common. Because of the irregular terrain, heavy summer rains often cause erosion and river silting.

Weather records. The highest temperature ever recorded: +41.5 °C (106.70 °F) on July 21, 2007 (Camenca). The lowest temperature ever recorded: −35.5 °C (−31.9 °F) on January 20, 1963 (Brătuşeni, Edineţ county).

People & Society

A shared heritage with Romania defines national identity, though in 1994 Moldovans voted against possible reunification with Romania. Most of the population is engaged in intensive agriculture. Transnistria is a breakaway state along the east bank of the Dniester, home to a largely ethnic Slav population. The Gagauz, in the south, have accepted autonomy.

There is a political controversy over the name of the main ethnicity of the Republic of Moldova. During 2003–2009, the Communist government adopted a national political conception which states that one of the priorities of the national politics of the Republic of Moldova is the insurance of the existence of the Moldovan language. Scholars agree that Moldovan and Romanian are the same language, with the glottonym "Moldovan" used in certain political contexts.

Russian is provided with the status of a "language of interethnic communication" (alongside the official language), and in practice remains widely used on all levels of the society and the state. The above-mentioned national political conception also states that Russian-Moldovan bilingualism is characteristic for Moldova.

As of the 2004 census, the country has significant Russian (6%) and Ukrainian (8.4%) populations. 50% of ethnic Ukrainians, 27% of Gagauz, 35% of Bulgarians, and 54% of smaller ethnic groups speak Russian as first language. In total, there are 541,000 people (or 16% of the population) in Moldova who use Russian as first language, including 130,000 ethnic Moldovans. By contrast, only 47,000 members of ethnic minorities use Romanian as first language.

Gagauz and Ukrainian have significant regional speaker populations and are granted official status together with Russian in Gagauzia and Transnistria respectively.

Economy

Since the collapse of the Soviet Union, the relative weight of service sector in economy of Moldova started to grow and began to dominate the GDP (now about 75%), as a result of decrease in industry and agriculture. The main economical indicators contracted dramatically.

As of 2009, Moldova has been described by the European Parliament as the poorest country in Europe in terms of GDP.

Moldova imports all of its supplies of petroleum, coal, and natural gas, largely from Russia. Moldova is a partner country of the EU INOGATE energy programme, which has four key topics: enhancing energy security, convergence of member state energy markets on the basis of EU internal energy market principles, supporting sustainable energy development, and attracting investment for energy projects of common and regional interest.

Moldova is known for its wines. For many years viticulture and winemaking in Moldova were the general occupation of the population. Evidence of this is present in historical memorials and documents, folklore, and the Moldovan spoken language.

The country has a well established wine industry. It has a vineyard area of 147,000 hectares (360,000 acres), of which 102,500 ha (253,000 acres) are used for commercial production. Most of the country's wine production is made for export. Many families have their own recipes and strands of grapes that have been passed down through the generations.

Moldova consumes the highest amount of alcohol per capita in the world.

Moldova's rich soil and temperate continental climate (with warm summers and mild winters) have made the country one of the most productive agricultural regions since ancient times, and a major supplier of agricultural products in southeastern Europe. In agriculture, the economic reform started with the land cadastre reform.

Tourism focuses on the country's natural landscapes and its history. Wine tours are offered to tourists across the country. Vineyards/cellars include Cricova, Purcari, Ciumai, Romanesti, Cojuşna, Milestii Mici.

Monaco

EUROPE

Monaco is a tiny principality on the Côte d'Azur. Its destiny changed radically when the casino was opened in 1863. Today, it promotes its image as an upmarket, glamorous destination.

OFFICIAL NAME: Principality of Monaco
DATE OF FORMATION: 1861
CAPITAL: Monaco-Ville
POPULATION: 35,986
TOTAL AREA: 0.75 sq. miles (1.95 sq. km)
DENSITY: 42,667 people per sq. mile
LANGUAGES: French*, Italian, Monégasque
RELIGIONS: Roman Catholic 89%, Protestant 6%, other 5%
ETHNIC MIX: French 32%, other 29%, Italian 20%, Monégasque 19%
GOVERNMENT: Mixed monarchical– parliamentary system
CURRENCY: Euro = 100 cents

Geography

With a total area of 2.05 square kilometres (0.79 sq mi) a land border of 4.4 kilometres (2.7 mi) and a coast measuring 4.1 kilometres (2.5 mi) the Principality of Monaco is the second-smallest independent state in the world, after the Vatican City. It lies on the coast of the Mediterranean Sea, 18 kilometres (11 mi) east of Nice, France, and is surrounded on three sides by France and on the fourth by the sea into which its maritime claims extend to 22.2 kilometres (13.8 mi). Its highest point is 163 metres (535 ft) above sea level, on the southern slopes of Mont Agel whose 1,109 m (3,638 ft) peak is in France. The country has no natural resources.

Monaco has historically been divided into four sections, or quartiers: Monaco-Ville, the old city on a rocky promontory extending into the Mediterranean; La Condamine, the section along the port; Monte Carlo, the principal residential and resort area; and Fontvieille, a newly constructed area reclaimed from the sea. However, the suburb of Moneghetti, the high-level part of the quartier of La Condamine, is generally seen today as an effective fifth area of the principality, and the official tourist board website of Monaco now defines the country as having five quartiers. Moneghetti certainly has a very distinct atmosphere and topography when compared with low-level La Condamine at the harbour-side. In terms of administration and electoral division the principality is officially divided into ten Wards, with an eleventh planned after further land reclamation work.

The principality, which is entirely an urban area, is noted for its beautiful, hilly, rugged, and rocky natural scenery and its sunny climate.

Climate

Monaco has a warm-summer Mediterranean climate (Köppen climate classification: Csa), which is influenced by the oceanic climate and the humid subtropical climate.

As a result, it has warm, dry summers and mild, rainy winters. Cool and rainy interludes can interrupt the dry summer season, the average length of which is also shorter. Summer afternoons are infrequently hot (indeed, temperatures > 30 °C /86 °F are rare) as the atmosphere is tempered by constant sea breezes. On the other hand, the nights are very mild, this being due to the fairly high temperature of the sea in summer. Generally, temperatures do not drop below 20 °C in this season. In winter, frosts and snowfalls are extremely rare, generally occurring once or twice every ten years.

People & Society

Less than 20% of residents are Monégasques. Around a third are French, the rest Italian, American, British, Belgian, and many others. Nationals enjoy considerable privileges, including housing subsidies to protect them from Monaco's high property prices, and the right of first refusal before a job can be offered to a foreigner. Women have equal status, but only acquired the vote in 1962.

Economy

One of Monaco's main sources of income is tourism. Each year many are attracted to its casino and pleasant climate. Monaco's own citizens are not allowed to gamble in the casino. In 2001, a major new construction project extended the pier used by cruise ships in the main harbour. The principality has successfully sought to diversify into services and small, high-value-added, non-polluting industries, such as cosmetics and biothermics.

The state retains monopolies in numerous sectors, including tobacco and the postal service. The telephone network (Monaco Telecom) used to be fully owned by the state; it now owns only 45%, while the remaining 55% is owned by both Cable & Wireless Communications (49%) and Compagnie Monégasque de Banque (6%). It is still, however, a monopoly. Living standards are high, roughly comparable to those in prosperous French metropolitan areas.

Monaco is not a member of the European Union. However, it is very closely linked via a customs union with France, and as such, its currency is the same as that of France, the euro. Before 2002, Monaco minted its own coins, the Monegasque franc. Monaco has acquired the right to mint euro coins with Monegasque designs on its national side.

The plan for casino gambling was mooted during the reign of Florestan I in 1846. Under Louis-Philippe's petite-bourgeois regime, however, a dignitary such as Prince of Monaco was not allowed to operate a gambling house. All this changed in the dissolute Second Empire under Napoleon III. The House of Grimaldi was in dire need to generate cash. Menton and Roquebrune, which had been main source of income for the Grimaldis for centuries, now accustomed to much improved standard of living and lenient taxation thanks to Sardinian intervention, clamoured for financial and political concession, even for separation. The Grimaldis hoped the newly legal industry would help alleviate the difficulties they faced, above all the crushing debt the family had incurred, but Monaco's first casino would not be ready to operate until after Charles III assumed the throne in 1856.

The grantee of the princely concession (license) was unable to attract enough business to sustain the operation and, after relocating the casino several times, sold the concession to French casino magnates François and Louis Blanc for 1.7 million francs. The Blancs had already set up a highly successful casino(in fact the biggest in Europe)in Bad-Homburg in the Grand Duchy of Hesse-Homburg, a small German principality comparable to Monaco, and quickly petitioned Charles III to rename a depressed seaside area known as "Les Spelegures (Den of Thieves)". "Monte Carlo (Mount Charles)." They then constructed their casino in the newly dubbed "Monte Carlo" and cleared out the area's less-than-savory elements to make the neighborhood surrounding the establishment more conducive to tourism.

The Blancs opened Le Grand Casino de Monte Carlo in 1858, and the casino benefited from the tourist traffic the newly built French railway system created. Due to the combination of the casino and the railroads, Monaco finally recovered from the previous half century of economic slump, and the principality's success attracted other businesses. In the years following the casino's opening Monaco founded its Oceanographic Museum and the Monte Carlo Opera House, 46 hotels sprang up and the number of jewellers operating in Monaco increased by nearly 500 percent. By 1869, the casino was making such a vast sum of money that the principality could afford not to collect tax from the Monegasques; a master stroke that was to attract affluent residents from all over Europe.

Today, Société des bains de mer de Monaco which owns Le Grand Casino still operates in the original building the Blancs constructed and has been joined by several other casinos, including Le Casino Café de Paris, the Monte Carlo Bay Casino, the Monte Carlo Sporting Club & Casino (Summer Casino) and the Sun Casino. The most recent addition to the list—the first casino to open in Monte Carlo in 75 years—is the Monte Carlo Bay Casino, which sits on 4 hectares of the Mediterranean Garden and, among other things, offers 145 slot machines, all equipped with "Ticket-In, Ticket-Out" (TITO); it is the first Mediterranean casino to utilize this technology.

Monaco levies no income tax on individuals. The absence of a personal income tax in the principality has attracted to it a considerable number of wealthy "tax refugee" residents from European countries who derive the majority of their income from activity outside Monaco; celebrities such as Formula One drivers attract most of the attention, but the vast majority of them are less well-known business people. This applies to all residents of Monaco of any nationality except French citizens whose residency started after 1957. These French citizens still must pay French income tax.

In 1998, the Organisation for Economic Co-operation and Development (OECD) issued a first report on the consequences of the tax havens' financial systems. Monaco did not appear in the list of these territories until 2004, when OECD became indignant regarding the Monegasque situation and denounced it in its last report, as well as Andorra, Liechtenstein, Liberia and the Marshall Islands, underlining its lack of co-operation as regards financial information disclosure and availability.

In 2000, a report by the French parliamentarians, Arnaud Montebourg and Vincent Peillon, alleged that Monaco had lax policies with respect to money laundering, including within its famed casino, and that the government of Monaco had been placing political pressure on the judiciary, so that alleged crimes were not being properly investigated.

In 2000, the Financial Action Task Force on Money Laundering (FATF) stated: "The anti-money laundering system in Monaco is comprehensive. However, difficulties have been encountered with Monaco by countries in international investigations on serious crimes that appear to be linked also with tax matters. In addition, the FIU of Monaco (SICCFIN) suffers a great lack of adequate resources. The authorities of Monaco have stated that they will provide additional resources to SICCFIN." The Principality is no longer blamed in the 2005 FATF report, as well as all other territories. However, since 2003, the International Monetary Fund (IMF) has identified Monaco, along with 36 other territories, as a tax haven.

The Council of Europe also decided to issue reports naming tax havens. Twenty-two territories, including Monaco, were thus evaluated between 1998 and 2000 on a first round. Monaco is the only territory that refuses to perform the second round, initially forecast between 2001 and 2003, whereas the 21 other territories are implementing the third and last round, planned between 2005 and 2007.

However, Monaco has high social insurance taxes payable by both employer and employee. The employer's contribution is between 28%–40% (averaging 35%) of gross salary including benefits and the employee pays a further 10%–14% (averaging 13%).

Mongolia

ASIA

Landlocked between Russia and China, Mongolia is a huge, isolated, and sparsely populated nation. Over two-thirds of the country is part of the Gobi Desert.

OFFICIAL NAME: Mongolia
DATE OF FORMATION: 1924
CAPITAL: Ulan Bator
POPULATION: 2.75 million
TOTAL AREA: 604,247 sq. miles (1,565,000 sq. km)
DENSITY: 4 people per sq. mile
LANGUAGES: Khalkha Mongolian*, other
RELIGIONS: Tibetan Buddhist 96%, Muslim 4%
ETHNIC MIX: Khalkh 82%, other 9%, Kazakh 4%, Dorvod 3%, Bayad 2%
GOVERNMENT: Mixed presidential– parliamentary system
CURRENCY: Tugrik (tögrög) = 100 möngö

Geography

At 1,564,116 km^2 (603,909 sq mi), Mongolia is the world's 19th-largest country (after Iran). It is significantly larger than the next-largest country, Peru. It mostly lies between latitudes 41° and 52°N (a small area is north of 52°), and longitudes 87° and 120°E.

The geography of Mongolia is varied, with the Gobi Desert to the south and with cold and mountainous regions to the north and west. Much of Mongolia consists of steppes. The highest point in Mongolia is the Khüiten Peak in the Tavan bogd massif in the far west at 4,374 m (14,350 ft). The basin of the Uvs Lake, shared with Tuva Republic in Russia, is a natural World Heritage Site. Most of the country is hot in the summer and extremely cold in the winter, with January averages dropping as low as −30 °C (−22 °F).

The country is also subject to occasional harsh climatic conditions known as zud. Ulan Bator has the lowest average temperature of any national capital in the world. Mongolia is high, cold, and windy. It has an extreme continental climate with long, cold winters and short summers, during which most of its annual precipitation falls. The country averages 257 cloudless days a year, and it is usually at the center of a region of high atmospheric pressure. Precipitation is highest in the north (average of 200 to 350 millimeters (7.9 to 13.8 in) per year) and lowest in the south, which receives 100 to 200 millimeters (3.9 to 7.9 in) annually. The extreme south is the Gobi, some regions of which receive no precipitation at all in most years.

The name "Gobi" is a Mongol term for a desert steppe, which usually refers to a category of arid rangeland with insufficient vegetation to support marmots but with enough to support camels. Mongols distinguish Gobi from desert proper, although the distinction is not always apparent to outsiders unfamiliar with the Mongolian landscape. Gobi rangelands are fragile and are easily destroyed by overgrazing, which results in expansion of the true desert, a stony waste where not even Bactrian camels can survive.

Climate

Continental. Mild summers and long, dry, very cold winters, with heavy snowfall. Temperatures can drop as low as –22°F (–30°C).

People & Society

Mongolia was unified by Genghis Khan in 1206 and was later absorbed into Manchu China. A majority of ethnic Mongolians live within China in Inner Mongolia. Tibetan Buddhism dominates. The traditional, nomadic way of life has been eroded as urban migration continues, spurred by ferocious winters, known as zud, which can devastate the rural economy.

Economy

Mongolia's economy is centered on agriculture and mining. Mongolia has rich mineral resources, and copper, coal, molybdenum, tin, tungsten, and gold account for a large part of industrial production. In March 2011, six big mining companies prepared to bid for the Tavan Tolgoi area, which is the world's largest untapped coking coal deposit. ArcelorMittal, Vale, Xstrata, U.S. coal miner Peabody, a consortium of Chinese energy firm Shenhua and Japan's Mitsui & Co, and a separate consortium of Japanese, South Korean and Russian firms are the preferred bidders, said Erdenes MGL, the government body which controls Tavan Tolgoi.

There are currently over 30,000 independent businesses in Mongolia, chiefly centered around the capital city. The majority of the population outside urban areas participates in subsistence herding; livestock typically consists of sheep, goats, cattle, horses, and Bactrian camels. Agricultural crops include wheat, barley, potato, vegetables, tomato, watermelon, sea-buckthorn, and fodder crops. GDP per capita in 2006 was $2,100.

Although GDP has risen steadily since 2002 at the rate of 7.5% in an official 2006 estimate, the state is still working to overcome a sizable trade deficit. A massive ($11 billion) foreign debt to Russia was settled by the Mongolian government in 2004 with a $250 million payment. Despite growth, the proportion of the population below the poverty line was estimated to be 35.6% in 1998, 36.1% in 2002–2003, 32.2% in 2006, and both the unemployment rate and inflation rate are relatively high at 3.2% and 6.0%, respectively (in 2006). Mongolia's largest trading partner is the People's Republic of China. As of 2006, 68.4% of Mongolia's exports went to the PRC, and the PRC supplied 29.8% of Mongolia's imports.

Mongolia was never listed among the Emerging markets countries until February 2011 when Citigroup analysts determined Mongolia to be one of Global Growth Generators countries which being countries with the most promising growth prospects for 2010–2050.

The Mongolian Stock Exchange, established in 1991 in Ulan Bator, is the world's smallest stock exchange by market capitalisation. In 2010, the Mongolian Stock Exchange had 336 companies listed with a total market capitalization of US$1 billion after doubling from US$406 million in 2008.

Industry currently accounts for 21.4% of GDP, approximately equal to the contribution of the agriculture sector (20.4%). These industries include construction materials, mining (coal, copper, molybdenum, fluorspar, tin, tungsten, and gold), oil, food and beverages, processing of animal products, and cashmere and natural fiber manufacturing. The industrial production growth rate was estimated to be 4.1% in 2002. Mining is continuing to rise as a major industry of Mongolia as evidenced by number of Chinese, Russian and Canadian firms opening and starting mining business in Mongolia. Domestic food production, especially packaged food production, has been increasingly coming up to speed with investments from foreign companies.

Montenegro

EUROPE

Perched on the Adriatic coast, this tiny republic became a separate state in 2006, after 88 years of federation with its neighbors in various forms of the state of Yugoslavia.

OFFICIAL NAME: Republic of Montenegro
DATE OF FORMATION: 2006
CAPITAL: Podgorica
POPULATION: 625,266
TOTAL AREA: 5332 sq. miles (13,812 sq. km)
DENSITY: 117 people per sq. mile
LANGUAGES: Montenegrin*, Serbian, Albanian
RELIGIONS: Orthodox Christian 74%, Muslim 18%, Catholic 4%, other 4%
ETHNIC MIX: Montenegrin 43%, Serb 32%, other 12%, Bosniak 8%, Albanian 5%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Internationally, Montenegro borders Croatia, Bosnia and Herzegovina, Serbia, Kosovo, and Albania. It lies between latitudes 41° and 44° N, and longitudes 18° and 21° E.

Montenegro ranges from high peaks along its borders with Serbia and Albania, a segment of the Karst of the western Balkan Peninsula, to a narrow coastal plain that is only one to four miles (6 km) wide. The plain stops abruptly in the north, where Mount Lovćen and Mount Orjen plunge into the inlet of the Bay of Kotor.

Montenegro's large Karst region lies generally at elevations of 1,000 metres (3,280 ft) above sea level; some parts, however, rise to 2,000 m (6,560 ft), such as Mount Orjen (1,894 m/6,214 ft), the highest massif among the coastal limestone ranges. The Zeta River valley, at an elevation of 500 m (1,600 ft), is the lowest segment.

The mountains of Montenegro include some of the most rugged terrain in Europe, averaging more than 2,000 metres in elevation. One of the country's notable peaks is Bobotov Kuk in the Durmitor mountains, which reaches a height of 2,522 metres (8,274 ft). The Montenegrin mountain ranges were among the most ice-eroded parts of the Balkan Peninsula during the last glacial period.

Diversity of geological base, landscape, climate and soil, as well as the very position of Montenegro on the Balkan peninsula and Adriatic sea, created conditions for formation of biological diversity with very high values, that puts Montenegro among biological "hot-spots" of European and world's biodiversity. Number of species per area unit Index in Montenegro is 0.837, which is the highest index recorded in all European countries.

Climate

Montenegro's lower areas enjoy a Mediterranean climate, having dry summers and mild, rainy winters. Temperature varies greatly with elevation. Podgorica, lying near sea level, is noted for having the warmest July temperatures in Montenegro, averaging 27 °C (80.6 °F).

Cetinje, in the karst at an elevation of 670 m (2,198 ft), has a temperature 5 °C (9 °F) lower at 22 °C (71.6 °F). January temperatures range from 8 °C (46.4 °F) at Bar on the southern coast to −3 °C (26.6 °F) in the northern mountains.

Montenegro's mountainous regions receive some of the highest amounts of rainfall in Europe. Annual precipitation at Crkvice, in the Karst above the Bay of Kotor, is 4,928 mm (194 in). Like most areas along the Mediterranean Sea, precipitation occurs principally during the cold part of the year, but in the higher mountains a secondary summer maximum is present. Snow cover is rare along the Montenegrin coast. It averages 10 days in karstic polje depressions and increases to 120 days in the higher mountains.

People & Society

Most Montenegrins are Orthodox Christians. They speak a language closely related to Serbian, using the same Cyrillic script. Muslim Albanians, who make up 80% of the population of the southern Ulcinj region, supported independence and are now asking for autonomy.

The culture of Montenegro has been shaped by a variety of influences throughout history. The influence of Orthodox, Slavonic, Central European, Islamic, and seafaring Adriatic cultures (notably parts of Italy, like the Republic of Venice) have been the most important in recent centuries.

Montenegro has many significant cultural and historical sites, including heritage sites from the pre-Romanesque, Gothic and Baroque periods. The Montenegrin coastal region is especially well known for its religious monuments, including the Cathedral of Saint Tryphon in Kotor (Cattaro under the Venetians), the basilica of St. Luke (over 800 years), Our Lady of the Rocks (Škrpjela), the Savina Monastery and others. Montenegro's medieval monasteries contain thousands of square metres of frescos on their walls.

The traditional folk dance of the Montenegrins is the Oro, a circle dance that involves dancers standing on each other's shoulders in a circle while one or two dancers are dancing in the middle.

The first literary works written in the region are ten centuries old, and the first Montenegrin book was printed five hundred years ago. The first state-owned printing press was located in Cetinje in 1494, where the first South Slavic book, Oktoih, was printed the same year. Ancient manuscripts, dating from the thirteenth century, are kept in the Montenegrin monasteries.

Montenegro's capital Podgorica and the former royal capital of Cetinje are the two most important centres of culture and the arts in the country.

Economy

The economy of Montenegro is mostly service-based and is in late transition to a market economy. According to the International Monetary Fund, the nominal GDP of Montenegro was $4.114 billion in 2009. The GDP PPP for 2009 was $6.590 billion, or $10,527 per capita.

GDP grew at an impressive 10.7% in 2007 and 7.5% in 2008. The country entered a recession in 2008 as a part of the global recession, with GDP contracting by 4%. However, Montenegro remained a target for foreign investment, the only country in the Balkans to increase its amount of direct foreign investment. The country is expected to exit the recession in mid-2010, with GDP growth predicted at around 0.5%. However, the significant dependence of the Montenegrin economy on foreign direct investment leaves it susceptible to external shocks and a high export/import trade deficit.

In 2007, the service sector made up for 72.4% of GDP, with industry and agriculture making up the rest at 17.6% and 10%, respectively.

According to Eurostat data, the Montenegrin GDP per capita stood at 40% of the EU average in 2010.

Aluminum and steel production and agricultural processing make up for most of the industrial output.

Tourism is an important contributor to Montenegrin economy. Approximately one million tourists visited Montenegro in 2007, resulting in €480 million of tourism revenue. Tourism is considered the backbone of future economic growth, and government expenditures on infrastructure improvements are largely target towards that goal.

Morocco

AFRICA

Morocco is a former French colony in northwest Africa. Since 1975, it has occupied the territory of Western Sahara, the future of which is yet to be determined by UN-supervised referendum.

OFFICIAL NAME: Kingdom of Morocco
DATE OF FORMATION: 1956
CAPITAL: Rabat
POPULATION: 32.2 million
TOTAL AREA: 172,316 sq. miles (446,300 sq. km)
DENSITY: 186 people per sq. mile
LANGUAGES: Arabic*, Tamazight, French
RELIGIONS: Muslim (mainly Sunni) 99%, other (mostly Christian) 1%
ETHNIC MIX: Arab 70%, Berber 29%, European 1%
GOVERNMENT: Mixed monarchical– parliamentary system
CURRENCY: Mor. dirham = 100 centimes

Geography

Morocco has a coast on the Atlantic Ocean that reaches past the Strait of Gibraltar into the Mediterranean Sea. It is bordered by Spain to the north (a water border through the Strait and land borders with three small Spanish-controlled exclaves, Ceuta, Melilla, and Peñón de Vélez de la Gomera), Algeria to the east, and Western Sahara to the south. Since Morocco controls most of Western Sahara, its de facto southern boundary is with Mauritania.

The internationally recognized borders of the country lie between latitudes 27° and 36°N, and longitudes 1° and 14°W. Adding Western Sahara, Morocco lies mostly between 21° and 36°N, and 1° and 17°W (the Ras Nouadhibou peninsula is slightly south of 21° and west of 17°).

The geography of Morocco spans from the Atlantic Ocean, to mountainous areas, to the Sahara (desert). Morocco is a Northern African country, bordering the North Atlantic Ocean and the Mediterranean Sea, between Algeria and the annexed Western Sahara.

A large part of Morocco is mountainous. The Atlas Mountains are located mainly in the center and the south of the country. The Rif Mountains are located in the north of the country. Both ranges are mainly inhabited by the Berber people. At 172,402 sq mi (446,519 km^2), Morocco is the fifty-seventh largest country in the world (after Uzbekistan). Algeria borders Morocco to the east and southeast though the border between the two countries has been closed since 1994.

Spanish territory in Morocco comprises four enclaves on the Mediterranean coast: Ceuta, Melilla, Peñón de Vélez de la Gomera, Peñón de Alhucemas, the Chafarinas islands, and the disputed islet Perejil. Off the Atlantic coast the Canary Islands belong to Spain, whereas Madeira to the north is Portuguese. To the north, Morocco is bordered by and controls part of the Strait of Gibraltar, giving it power over the waterways in and out of the Mediterranean sea.

The Rif mountains occupy the region bordering the Mediterranean from the north-west to the north-east. The Atlas Mountains run down the backbone of the country, from the south west to the north east. Most of the south east portion of the country is in the Sahara Desert and as such is generally sparsely populated and unproductive economically. Most of the population lives to the north of these mountains, while to the south is the desert.

To the south, lies the Western Sahara, a former Spanish colony that was annexed by Morocco in 1975 (see Green March). Morocco claims that the Western Sahara is part of its territory and refers to that as its Southern Provinces.

Morocco's capital city is Rabat; its largest city is its main port, Casablanca. Other cities include Agadir, Essaouira, Fes, Marrakech, Meknes, Mohammadia, Oujda, Ouarzazat, Safi, Salé, Tangier and Tétouan.

Morocco is represented in the ISO 3166-1 alpha-2 geographical encoding standard by the symbol MA. This code was used as the basis for Morocco's internet domain, .ma.

Climate

The climate is Mediterranean in the North and in some mountains (West of Atlas), which becomes more extreme towards the interior regions. The terrain is such that the coastal plains are rich and accordingly, they comprise the backbone for agriculture, especially in the North. Forests cover about 12% of the land while arable land accounts for 18%; 5% is irrigated. In the Atlas (Middle Atlas), there are several different climates: Mediterranean (with some more humid and fresher variants), Maritime Temperate (with some humid and fresher variants too) that allow different species of oaks, moss carpets, junipers, atlantic cedars and many other plants, to form extensive and very rich humid cloud forests. In the highest peaks a different climate may occur. On the other side of Atlas mountains (East Atlas), the climate changes, due to the barrier/shelter effect of these mountainous system, turning it very dry and extremely warm during the summer (that can last several months), especially on the lowlands and on the valleys faced to the Sahara. Here it starts the big Desert Sahara and it is perfectly visible, for example, on the Draa Valley, on which it is possible to find oases, sand dunes and rocky desert landscapes. So the climate in this region is desert.

People & Society

Around 30% of the population are descendants of original Berber inhabitants of north Africa, and live mainly in mountain villages. The Arab majority inhabits the lowlands. Morocco is unusual among Arab states in granting Jews religious freedom and civil rights. The king is spiritual leader and head of state. Islamists have gained influence in politics. Islamist militancy and the emergence of terrorist cells are of concern.

Morocco is an ethnically diverse country with a rich culture and civilization. Through Moroccan history, it has hosted many people coming from East (Phoenicians, Carthaginians, Jews and Arabs), South (Sub-Saharan Africans) and North (Romans, Vandals, Andalusians (including Moors and Jews). All those civilizations have had an impact on the social structure of Morocco. It conceived various forms of beliefs, from paganism, Judaism, and Christianity to Islam.

Economy

Morocco's economy is considered a relatively liberal economy governed by the law of supply and demand. Since 1993, the country has followed a policy of privatization of certain economic sectors which used to be in the hands of the government. Morocco is the world's biggest exporter and third producer of phosphorus. Price fluctuations of phosphates in the international market strongly influence Morocco's economy.

Government reforms and steady yearly growth in the region of 4–5% from 2000 to 2007, including 4.9% year-on-year growth in 2003–2007 helped the Moroccan economy to become much more robust compared to a few years ago. Economic growth is far more diversified, with new service and industrial poles, like Casablanca and Tangier, developing. The agriculture sector is being rehabilitated, which in combination with good rainfalls led to a growth of over 20% in 2009.

The services sector accounts for just over half of GDP and industry, made up of mining, construction and manufacturing, is an additional quarter. The sectors who recorded the highest growth are the tourism, telecoms, information technology, and textile sectors. Morocco, however, still depends to an inordinate degree on agriculture. The sector accounts for only around 14% of GDP but employs 40–45% of the Moroccan population. With a semi-arid climate, it is difficult to assure good rainfall and Morocco's GDP varies depending on the weather. Fiscal prudence has allowed for consolidation, with both the budget deficit and debt falling as a percentage of GDP.

The economic system of the country presents several facets. It is characterized by a large opening towards the outside world. France remains the primary trade partner (supplier and customer) of Morocco. France is also the primary creditor and foreign investor in Morocco. In the Arab world, Morocco has the second-largest non-oil GDP, behind Egypt, as of 2005.

Since the early 1980s the Moroccan government has pursued an economic program toward accelerating real economy growth with the support of the International Monetary Fund, the World Bank, and the Paris Club of creditors. The country's currency, the dirham, is now fully convertible for current account transactions; reforms of the financial sector have been implemented; and state enterprises are being privatized.

The major resources of the Moroccan economy are agriculture, phosphates, and tourism. Sales of fish and seafood are important as well. Industry and mining contribute about one-third of the annual GDP. Morocco is the world's third-largest producer of phosphorus (after China, which is first, and the United States which is second), and the price fluctuations of phosphates on the international market greatly influence Morocco's economy. Tourism and workers' remittances have played a critical role since the Kingdom's independence. The production of textiles and clothing is part of a growing manufacturing sector that accounted for approximately 34% of total exports in 2002, employing 40% of the industrial workforce. The government wishes to increase textile and clothing exports from $1.27 billion in 2001 to $3.29 billion in 2010.

The high cost of imports, especially of petroleum imports, is a major problem. Another chronic problem is unreliable rainfall, which produces drought or sudden floods; in 1995, the country's worst drought in 30 years forced Morocco to import grain and adversely affected the economy. Another drought occurred in 1997, and one in 1999–2000. Reduced incomes due to drought caused GDP to fall by 7.6% in 1995, by 2.3% in 1997, and by 1.5% in 1999. During the years between drought, good rains brought bumper crops to market. Good rainfall in 2001 led to a 5% GDP growth rate. Morocco suffers both from unemployment (9.6% in 2008), and a large external debt estimated at around $20 billion, or half of GDP in 2002.

Among the various free trade agreements that Morocco has ratified with its principal economic partners, are The Euro-Mediterranean free trade area agreement with the European Union with the objective of integrating the European Free Trade Association at the horizons of 2012; the Agadir Agreement, signed with Egypt, Jordan, and Tunisia, within the framework of the installation of the Greater Arab Free Trade Area; the US-Morocco Free Trade Agreement with United States which came into force on January 1, 2006, and lately the agreement of free exchange with Turkey.(See Economy of Morocco)

Mozambique

AFRICA

Mozambique lies on the southeast African coast. It was torn apart by a savage and devastating civil war between the Marxist government and a rebel faction between 1977 and 1992.

OFFICIAL NAME: Rep. of Mozambique
DATE OF FORMATION: 1975
CAPITAL: Maputo
POPULATION: 22.8 million
TOTAL AREA: 309,494 sq. miles (801,590 sq. km)
DENSITY: 76 people per sq. mile
LANGUAGES: Makua, Xitsonga, Sena, Lomwe, Portuguese*
RELIGIONS: Traditional beliefs 56%, Christian 30%, Muslim 14%
ETHNIC MIX: Makua Lomwe 47%, Tsonga 23%, Malawi 12%, Shona 11% other 7%
GOVERNMENT: Presidential system
CURRENCY: New metical = 100 centavos

Geography

At 309,475 sq mi (801,537 km^2), Mozambique is the world's 35th-largest country (after Pakistan). It is comparable in size to Turkey. Mozambique is located on the southeast coast of Africa. It is bound by Swaziland to the south, South Africa to the southwest, Zimbabwe to the west, Zambia and Malawi to the northwest, Tanzania to the north and the Indian Ocean to the east. Mozambique lies between latitudes 10° and 27°S, and longitudes 30° and 41°E.

The country is divided into two topographical regions by the Zambezi River. To the north of the Zambezi River, the narrow coastline moves inland to hills and low plateaus, and further west to rugged highlands, which include the Niassa highlands, Namuli or Shire highlands, Angonia highlands, Tete highlands and the Makonde plateau, covered with miombo woodlands. To the south of the Zambezi River, the lowlands are broader with the Mashonaland plateau and Lebombo mountains located in the deep south.

The country is drained by five principal rivers and several smaller ones with the largest and most important the Zambezi. The country has four notable lakes: Lake Niassa (or Malawi), Lake Chiuta, Lake Cahora Bassa and Lake Shirwa, all in the north. The major cities are Maputo, Beira, Nampula, Tete, Quelimane, Chimoio, Pemba, Inhambane, Xai-Xai and Lichinga.

Climate

Mozambique has a tropical climate with two seasons, a wet season from October to March and a dry season from April to September. Climatic conditions, however, vary depending on altitude. Rainfall is heavy along the coast and decreases in the north and south. Annual precipitation varies from 500 to 900 mm (19.7 to 35.4 in) depending on the region, with an average of 590 mm (23.2 in). Cyclones are common during the wet season. Average temperature ranges in Maputo are from 13 to 24 °C (55.4 to 75.2 °F) in July to 22 to 31 °C (71.6 to 87.8 °F) in February.

People & Society

Tensions exist between north and south, rather than between ethnic groups. Life is centered on the extended family. Polygamy is fairly common. The country is struggling with the legacy of a war that killed around a million people, and the effects of frequent floods and droughts. Half the population lives in abject poverty.

Economy

The official currency is the New Metical (as of August 2011, 1 USD is roughly equivalent to 27 New Meticals), which replaced old Meticals at the rate of a thousand to one. The old currency will be redeemed by the Bank of Mozambique until the end of 2012. The US dollar, South African rand, and recently the euro are also widely accepted and used in business transactions. The minimum legal salary is around US$60 per month. Mozambique is a member of the Southern African Development Community (SADC). The SADC free trade protocol is aimed at making the Southern African region more competitive by eliminating tariffs and other trade barriers. The World Bank in 2007 talked of Mozambique's 'blistering pace of economic growth'. A joint donor-government study in early 2007 said 'Mozambique is generally considered an aid success story.' The IMF in early 2007 said 'Mozambique is a success story in Sub-Saharan Africa.' Yet, despite this apparent success, both the World Bank and UNICEF used the word 'paradox' to describe rising chronic child malnutrition in the face of GDP growth. Between 1994 and 2006, average annual GDP growth was approximately 8%, however, the country remains one of the poorest and most underdeveloped in the world. In a 2006 survey, three-quarters of Mozambicans said that in the past five years their economic position had remained the same or become worse.

The resettlement of civil war refugees and successful economic reform have led to a high growth rate: the country has enjoyed a remarkable recovery, achieving an average annual rate of economic growth of 8% between 1996 and 2006. The devastating floods of early 2000 slowed GDP growth to 2.1%. A full recovery was achieved with growth of 14.8% in 2001. In 2003, the growth rate was 7%. The government projects the economy to continue to expand between 7%-10% a year for the next five years, although rapid expansion in the future hinges on several major foreign investment projects, continued economic reform, and the revival of the agriculture, transportation, and tourism sectors. More than 75% of the population engages in small-scale agriculture, which still suffers from inadequate infrastructure, commercial networks, and investment. However, 88% of Mozambique's arable land is still uncultivated.

More than 1,200 state-owned enterprises (mostly small) have been privatised. Preparations for privatisation and/or sector liberalisation are underway for the remaining parastatal enterprises, including telecommunications, energy, ports, and railways. The government frequently selects a strategic foreign investor when privatising a parastatal. Additionally, customs duties have been reduced, and customs management has been streamlined and reformed. The government introduced a value-added tax in 1999 as part of its efforts to increase domestic revenues. Plans for 2003–04 include Commercial Code reform; comprehensive judicial reform; financial sector strengthening; continued civil service reform; and improved government budget, audit, and inspection capability. Further political instability resulting from the floods left thousands homeless, displaced within their own country.

Myanmar (Burma)

ASIA

Forming the eastern shores of the Bay of Bengal and the Andaman Sea in southeast Asia, Myanmar suffers from isolation, political repression, and ethnic conflict.

OFFICIAL NAME: Republic of the Union of Myanmar
DATE OF FORMATION: 1948
CAPITAL: Nay Pyi Taw
POPULATION: 58 million
TOTAL AREA: 261,969 sq. miles (678,500 sq. km)
DENSITY: 197 people per sq. mile
LANGUAGES: Burmese*, Shan, Karen, Rakhine, Chin, Yangbye, Kachin, Mon
RELIGIONS: Buddhist 87%, Christian 6%, Muslim 4%, other 2%, Hindu 1%
ETHNIC MIX: Burman 68%, other 13%, Shan 9%, Karen 6%, Rakhine 4%
GOVERNMENT: Military-based regime
CURRENCY: Kyat = 100 pyas

Geography

Burma, which has a total area of 678,500 square kilometres (262,000 sq mi), is the largest country in mainland Southeast Asia, and the 40th-largest in the world. It lies between latitudes 9° and 29°N, and longitudes 92° and 102°E. As of February 2011, Burma constituted of 14 states and regions, 67 districts, 330 townships, 64 sub‐townships, 377 towns, 2914 Wards, 14220 village tracts and 68290 villages.

It is bordered to the northwest by Chittagong Division of Bangladesh and Mizoram, Manipur, Nagaland and Arunachal Pradesh of India to the northwest. Its north and northeast border straddles the Tibet and Yunnan regions of China for a Sino-Burman border total of 2,185 kilometres (1,358 mi). It is bounded by Laos and Thailand to the southeast. Burma has 1,930 kilometres (1,200 mi) of contiguous coastline along the Bay of Bengal and Andaman Sea to the southwest and the south, which forms one quarter of its total perimeter.

In the north, the Hengduan Shan mountains form the border with China. Hkakabo Razi, located in Kachin State, at an elevation of 5,881 metres (19,295 ft), is the highest point in Burma. Three mountain ranges, namely the Rakhine Yoma, the Bago Yoma, and the Shan Plateau exist within Burma, all of which run north-to-south from the Himalayas. The mountain chains divide Burma's three river systems, which are the Irrawaddy, Salween (Thanlwin), and the Sittaung rivers. The Irrawaddy River, Burma's longest river, nearly 2,170 kilometres (1,348 mi) long, flows into the Gulf of Martaban. Fertile plains exist in the valleys between the mountain chains. The majority of Burma's population lives in the Irrawaddy valley, which is situated between the Rakhine Yoma and the Shan Plateau.

Climate

Much of the country lies between the Tropic of Cancer and the Equator. It lies in the monsoon region of Asia, with its coastal regions receiving over 5,000 mm (196.9 in) of rain annually. Annual rainfall in the delta region is approximately 2,500 mm (98.4 in), while average annual rainfall in the Dry Zone, which is located in central Burma, is less than 1,000 mm (39.4 in). Northern regions of the country are the coolest, with average temperatures of 21 °C (70 °F). Coastal and delta regions have an average maximum temperature of 32 °C (89.6 °F).

People & Society

The military, in power since 1962, rules Myanmar with little regard to human rights. Opposition is not tolerated. The National League for Democracy won elections in 1990, but was kept from power. Its leader, Aung San Suu Kyi, is frequently detained. Minority groups maintain low-level guerrilla activity against the state.

Economy

The country is one of the poorest nations in Southeast Asia, suffering from decades of stagnation, mismanagement and isolation. The lack of an educated workforce skilled in modern technology contributes to the growing problems of the economy. The country lacks adequate infrastructure. Goods travel primarily across the Thai border, where most illegal drugs are exported and along the Irrawaddy River. Railways are old and rudimentary, with few repairs since their construction in the late 19th century. Highways are normally unpaved, except in the major cities. Energy shortages are common throughout the country including in Yangon.

Under British administration, Burma was the second-wealthiest country in South-East Asia. It had been the world's largest exporter of rice. Burma also had a wealth of natural and labour resources. It produced 75% of the world's teak and had a highly literate population. The country was believed to be on the fast track to development.

During World War II, the British destroyed the major oil wells and mines for tungsten, tin, lead and silver to keep them from the Japanese. Burma was bombed extensively by both sides. After a parliamentary government was formed in 1948, Prime Minister U Nu embarked upon a policy of nationalization and the state was declared the owner of all land. The government also tried to implement a poorly thought out Eight-Year plan. By the 1950s, rice exports had fallen by two thirds and mineral exports by over 96% (as compared to the pre-World War II period). Plans were partly financed by printing money, which led to inflation. The 1962 coup d'état was followed by an economic scheme called the Burmese Way to Socialism, a plan to nationalise all industries, with the exception of agriculture. The catastrophic program turned Burma into one of the world's most impoverished countries. Burma's admittance to Least Developed Country status by the UN in 1987 highlighted its economic bankruptcy.

The national currency is Kyat. Burma has a dual exchange rate system similar to Cuba. The market rate was around two hundred times below the government-set rate in 2006. Inflation averaged 30.1% between 2005 and 2007.Inflation is a serious problem for the economy. In recent years, both China and India have attempted to strengthen ties with the government for economic benefit. Many nations, including the United States and Canada, and the European Union, have imposed investment and trade sanctions on Burma. The United States has banned all imports from Burma. Foreign investment comes primarily from People's Republic of China, Singapore, South Korea, India, and Thailand.

Namibia

AFRICA

Located in southwestern Africa, Namibia gained independence from South Africa in 1990, after 24 years of armed struggle. It regained the territory of Walvis Bay in 1994.

OFFICIAL NAME: Republic of Namibia
DATE OF FORMATION: 1990
CAPITAL: Windhoek
POPULATION: 2.1 million
TOTAL AREA: 318,694 sq. miles (825,418 sq. km)
DENSITY: 7 people per sq. mile
LANGUAGES: Ovambo, Kavango, English*, Bergdama, German, Afrikaans
RELIGIONS: Christian 90%, traditional beliefs 10%
ETHNIC MIX: Ovambo 50%, other 25%, Kavango 9%, Damara 8%, Herero 8%
GOVERNMENT: Presidential system
CURRENCY: Namibian dollar = 100 cents

Geography

At 825,418 km^2 (318,696 sq mi), Namibia is the world's thirty-fourth largest country (after Venezuela). It lies mostly between latitudes 17° and 29°S (a small area is north of 17°), and longitudes 11° and 26°E.

Namibia is divided into 13 regions and subdivided into 107 constituencies. The administrative division of Namibia is tabled by Delimitation Commissions and accepted or declined by the National Assembly. Since state foundation three Delimitation Commissions have been formed, the last one in 2002 under the chairmanship of Peter Shivute. Regional councillors are directly elected through secret ballots (regional elections) by the inhabitants of their constituencies.

Climate

Namibia has more than 300 days of sunshine per year. It is situated at the southern edge of the tropics; the Tropic of Capricorn cuts the country about in half. The winter (June – August) is generally dry, both rainy seasons occur in summer, the small rainy season between September and November, the big one between February and April. Humidity is low, and average rainfall varies from almost zero in the coastal desert to more than 600 mm in the Caprivi Strip. Rainfall is however highly variable, and droughts are common. The last bad rainy season with rainfall far below the annual average occurred in summer 2006/07.

Weather and climate in the coastal area are dominated by the cold, north-flowing Benguela current of the Atlantic Ocean which accounts for very low precipitation (50 mm per year or less), frequent dense fog, and overall lower temperatures than in the rest of the country. In Winter, occasionally a condition known as Bergwind or Oosweer (Afrikaans: East weather) occurs, a hot dry wind blowing from the inland to the coast. As the area behind the coast is a desert, these winds can develop into sand storms with sand deposits in the Atlantic Ocean visible on satellite images.

The Central Plateau and Kalahari areas have wide diurnal temperature ranges of up to 30C.

People & Society

The Ovambo, the main ethnic group, live mainly in the more populous north. Some 100,000 whites, many of German descent, are centered around Windhoek and still control the economy. The minority San and Khoi bushmen are
among the oldest human communities in the world. The ban on homosexuality is contentious.

Economy

Namibia's economy is tied closely to South Africa's due to their shared history. The largest economic sectors are mining (10.4% of the gross domestic product in 2009), agriculture (5.0%), manufacturing (13.5%), and tourism.

Namibia has a highly developed banking sector with modern infrastructure, such as Online Banking, Cellphone Banking etc. The Bank of Namibia (BoN) is the central bank of Namibia responsible to perform all other functions ordinarily performed by a central bank. There are four BoN authorised commercial banks in Namibia: Bank Windhoek, First National Bank, Nedbank & Standard Bank.

Namibia has a high unemployment rate. "Strict unemployment" (people actively seeking a full time job) stood at 20.2% in 2000, 21.9% in 2004 and spiraled to 29.4 per cent in 2008. Under a broader definition (including people that have given up searching for employment) unemployment rose from 36.7% in 2004 to 51.2% in 2008. This estimate considers people in the informal economy as employed. The study that arrived at these results has been hailed "by far superior in scope and quality to any that has been available previously" by Labour and Social Welfare Minister Immanuel Ngatjizeko.

Approximately half the population live below the international poverty line of U.S.$1.25 a day. There is a number of legislative measures in place to alleviate poverty and unemployment. In 2004 a labour act was passed to protect people from job discrimination stemming from pregnancy and HIV/AIDS status. In early 2010 the Government tender board announced that "henceforth 100 per cent of all unskilled and semi-skilled labour must be sourced, without exception, from within Namibia".

About half of the population depends on agriculture (largely subsistence agriculture) for its livelihood, but Namibia must still import some of its food. Although per capita GDP is five times the per capita GDP of Africa's poorest countries, the majority of Namibia's people live in rural areas and exist on a subsistence way of life. Namibia has one of the highest rates of income inequality in the world, due in part to the fact that there is an urban economy and a more rural cash-less economy. The inequality figures thus take into account people who do not actually rely on the formal economy for their survival.

About 4,000, mostly white, commercial farmers own almost half of Namibia's arable land. The governments of Germany and Britain will finance Namibia's land reform process, as Namibia plans to start expropriating land from white farmers to resettle landless black Namibians.

Agreement has been reached on the privatisation of several more enterprises in coming years, with hopes that this will stimulate much needed foreign investment. However, reinvestment of environmentally derived capital has hobbled Namibian per capita income. One of the fastest growing areas of economic development in Namibia is the growth of wildlife conservancies. These conservancies are particularly important to the rural generally unemployed population.

Tourism is a major contributor (14.5%) to Namibia's GDP, creating tens of thousands of jobs (18.2% of all employment) directly or indirectly and servicing over a million tourists per annum. The country is among the prime destinations in Africa and is known for ecotourism which features Namibia's extensive wildlife.

There are many lodges and reserves to accommodate eco-tourists. Sport Hunting is also a large, and growing component of the Namibian economy, accounting for 14% of total tourism in the year 2000, or $19.6 million US dollars, with Namibia boasting numerous species sought after by international sport hunters. In addition, extreme sports such as sandboarding and 4x4ing have become popular, and many cities have companies that provide tours. The most visited places include the Caprivi Strip, Fish River Canyon, Sossusvlei, the Skeleton Coast Park, Sesriem, Etosha Pan and the coastal towns of Swakopmund, Walvis Bay and Lüderitz.

Nauru

AUSTRALASIA & OCEANIA

Nauru lies in the Pacific, northeast of Australia. Phosphate deposits gave its inhabitants huge temporary wealth, but economic mismanagement has left them facing ruin.

OFFICIAL NAME: Republic of Nauru
DATE OF FORMATION: 1968
CAPITAL: Yaren (de facto)
POPULATION: 9,322
TOTAL AREA: 8.1 sq. miles (21 sq. km)
DENSITY: 1210 people per sq. mile
LANGUAGES: Nauruan*, Kiribati, Chinese, Tuvaluan, English
RELIGIONS: Nauruan Congregational Church 60%, Catholic 35%, other 5%
ETHNIC MIX: Nauruan 62%, other Pacific islanders 27%, Asian 8%, European 3%
GOVERNMENT: Nonparty system
CURRENCY: Australian dollar = 100 cents

Geography

Nauru is a 21 square kilometres (8 sq mi), oval-shaped island in the southwestern Pacific Ocean, 42 kilometres (26 mi) south of the Equator. The island is surrounded by a coral reef, which is exposed at low tide and dotted with pinnacles. The reef is bounded seaward by deep water, and on the inside by a sandy beach. The presence of the reef has prevented the establishment of a seaport, although 16 channels in reef allow small boats access to the island. A 150 to 300 metre (about 500 to 1,000 ft.) wide fertile coastal strip lies inland from the beach.

Coral cliffs surround Nauru's central plateau, which is known as "Topside". The highest point of the plateau, called the Command Ridge, is 71 metres above sea level. The only fertile areas on Nauru are the narrow coastal belt, where coconut palms flourish. The land surrounding Buada Lagoon supports bananas, pineapples, vegetables, pandanus trees, and indigenous hardwoods such as the tomano tree. The population of Nauru is concentrated in the coastal belt and around Buada Lagoon.

Nauru was one of three great phosphate rock islands in the Pacific Ocean (the others were Banaba (Ocean Island) in Kiribati and Makatea in French Polynesia). However, the phosphate reserves on Nauru are depleted for all practical purposes. Phosphate mining in the central plateau has left a barren terrain of jagged limestone pinnacles up to 15 metres (49 ft) high. A century of mining has stripped and devastated about 80% of the land area. Mining has also affected the surrounding Exclusive Economic Zone, with 40% of marine life estimated to have been killed by silt and phosphate runoff.

There are limited natural fresh water resources on Nauru. Rooftop storage tanks collect rainwater, but the islanders are mostly dependent on three desalination plants housed at Nauru's Utilities Agency. Nauru's climate is hot and very humid year-round – because of the proximity of the island to the Equator and the ocean. Nauru is hit by monsoon rains between November and February. Annual rainfall is highly variable and is influenced by the El Niño-Southern Oscillation, with several significant recorded droughts.

The temperature on Nauru ranges between 26 and 35° Celsius (79 to 95 °Fahrenheit) during the day and between 25 and 28° Celsius (77 to 82 °F.) at night. As an island country, Nauru is quite vulnerable to climate change and sea level change, but to what degree is difficult to predict. At least 80% of the land of Nauru is well-elevated, but this area will be uninhabitable until the phosphate mining rehabilitation program is implemented. Also, the agricultural area of Nauru is quite close to the seashore.

There are only about 60 recorded vascular plant species native to the island, none of which are endemic. Coconut farming, mining, and introduced species have caused serious disturbance to the native vegetation. There are no native land mammals, but there are native birds, including the endemic Nauru Reed Warbler, insects, and land crabs. The Polynesian rat, cats, dogs, pigs, and chickens have been introduced to Nauru from ships, either accidentally or on purpose.

Climate

The Nauruan economy peaked in the early 1980s. Nauru's economy depends almost entirely on the phosphate deposits that originate from the droppings of sea birds. There are few other resources, and most necessities are imported. Small-scale mining is still conducted by the RONPhos, formerly known as the Nauru Phosphate Corporation. The government places a percentage of RONPhos's earnings into the Nauru Phosphate Royalties Trust. The Trust manages long-term investments, intended to support the citizens once the phosphate reserves have been exhausted.

The Trust's fixed and current assets, many of which were in Melbourne, were reduced considerably, and many never fully recovered. Some of the failed investments included financing 1993's Leonardo the Musical, which was a financial failure, the purchase of the vacant Carlton and United Breweries site on Swanston Street in 1994 which was sold undeveloped in 1998, and a loan to the Fitzroy Football Club which went into liquidation in 1996.

The Mercure Hotel in Sydney and Nauru House in Melbourne were sold in 2004 to finance debts and Air Nauru's only Boeing 737, which was repossessed in December 2005. Normal air service resumed after the aircraft was replaced with a Boeing 737-300 airliner in June 2006.

The value of the Trust is estimated to have shrunk from A$1.3 billion in 1991 to $138 million in 2002. In 2005, the corporation sold its property asset in Melbourne, the vacant Savoy Tavern site, for $7.5 million. Nauru currently lacks money to perform many of the basic functions of government; for example, the National Bank of Nauru is insolvent. The CIA World Factbook estimated GDP per capita at $5,000 in 2005. The Asian Development Bank 2007 economic report on Nauru estimated GDP per capita at $2,400 to $2,715.

There are no personal taxes in Nauru. The unemployment rate is estimated to be 90%, and the government employs 95% of those Nauruans who are employed. The Asian Development Bank notes that although the Administration has a strong public mandate to implement economic reforms, in the absence of an alternative to phosphate mining, the medium-term outlook is for continued dependence on external assistance. The rental of tuna fishing opportunities within the Nauru Exclusive Economic zone generates significant revenue. Tourism is not a major contributor to the economy because there is little to see or do, and there are few facilities for tourists. The Menen Hotel and the OD-N-Aiwo Hotel are the only two hotels on the island.

In the 1990s, Nauru became a tax haven and it offered passports to foreign nationals for a fee. The inter-governmental Financial Action Task Force on Money Laundering (FATF) then identified Nauru as one of 15 "non-cooperative" countries in its fight against money laundering. During the 1990s, it was possible to establish a licensed bank in Nauru for only $25,000 with no other requirements. Under pressure from FATF, Nauru introduced anti-avoidance legislation in 2003, after which foreign hot money left the country. In October 2005, after satisfactory results from the legislation and its enforcement, FATF lifted the non-cooperative designation.

From 2001 to 2007, the Nauru detention centre provided a source of income for Nauru. The Nauruan authorities reacted with concern to its closure by Australia. In February 2008, the Foreign Affairs Minister, Dr. Kieren Keke, stated that it would result in 100 Nauruans losing their jobs, and would affect 10% of the island's population directly or indirectly: :"We have got a huge number of families that are suddenly going to be without any income. We are looking at ways we can try and provide some welfare assistance but our capacity to do that is very limited. Literally we have got a major unemployment crisis in front of us.

People & Society

Native Nauruans are of mixed Micronesian and Polynesian origin. Most live in simple, traditional houses and spend their money on luxury cars and consumer goods. Welfare and education are free. A diet of imported processed foods has caused widespread obesity and diabetes. Mining was left to imported laborers, mainly from Kiribati, who lived in enclaves of male-only barracks and had few rights. Many young Nauruans leave to seek a better life in Australia or New Zealand.

The population was previously larger, but in 2006 some 1500 people left the island during a repatriation of immigrant workers from Kiribati and Tuvalu. The repatriation was motivated by wide-scale reductions-in-force in the phosphate mining industry. The official language of Nauru is Nauruan, a distinct Pacific island language, which is spoken by 96% of ethnic Nauruans at home. English is widely spoken and it is the language of government and commerce, as Nauruan is not common outside of the country. The top ethnic groups of Nauru are Nauruan (58%), other Pacific Islander (26%), European (8%), and Chinese (8%). All Europeans are of British origin, and most of these have left since independence. The main religion practiced on the island is Christianity (two-thirds Protestant, one-third Roman Catholic). There is also a sizeable Bahá'í population (10%) – the largest proportion of any country in the world – and a Buddhist population (9%) and a Muslim population (2.2%). The Constitution provides for freedom of religion. However, the government restricts this right in some circumstances, and it has restricted the practice of religion by The Church of Jesus Christ of Latter-day Saints and members of the Jehovah's Witnesses, most of whom are foreign workers employed by the government-owned Nauru Phosphate Corporation.

Economy

The Nauruan economy peaked in the early 1980s. Nauru's economy depends almost entirely on the phosphate deposits that originate from the droppings of sea birds. There are few other resources, and most necessities are imported. Small-scale mining is still conducted by the RONPhos, formerly known as the Nauru Phosphate Corporation. The government places a percentage of RONPhos's earnings into the Nauru Phosphate Royalties Trust. The Trust manages long-term investments, intended to support the citizens once the phosphate reserves have been exhausted.

The Trust's fixed and current assets, many of which were in Melbourne, were reduced considerably, and many never fully recovered. Some of the failed investments included financing 1993's Leonardo the Musical, which was a financial failure, the purchase of the vacant Carlton and United Breweries site on Swanston Street in 1994 which was sold undeveloped in 1998, and a loan to the Fitzroy Football Club which went into liquidation in 1996.

The Mercure Hotel in Sydney and Nauru House in Melbourne were sold in 2004 to finance debts and Air Nauru's only Boeing 737, which was repossessed in December 2005. Normal air service resumed after the aircraft was replaced with a Boeing 737-300 airliner in June 2006.

The value of the Trust is estimated to have shrunk from A$1.3 billion in 1991 to $138 million in 2002. In 2005, the corporation sold its property asset in Melbourne, the vacant Savoy Tavern site, for $7.5 million. Nauru currently lacks money to perform many of the basic functions of government; for example, the National Bank of Nauru is insolvent. The CIA World Factbook estimated GDP per capita at $5,000 in 2005. The Asian Development Bank 2007 economic report on Nauru estimated GDP per capita at $2,400 to $2,715.

There are no personal taxes in Nauru. The unemployment rate is estimated to be 90%, and the government employs 95% of those Nauruans who are employed. The Asian Development Bank notes that although the Administration has a strong public mandate to implement economic reforms, in the absence of an alternative to phosphate mining, the medium-term outlook is for continued dependence on external assistance. The rental of tuna fishing opportunities within the Nauru Exclusive Economic zone generates significant revenue. Tourism is not a major contributor to the economy because there is little to see or do, and there are few facilities for tourists. The Menen Hotel and the OD-N-Aiwo Hotel are the only two hotels on the island.

In the 1990s, Nauru became a tax haven and it offered passports to foreign nationals for a fee. The inter-governmental Financial Action Task Force on Money Laundering (FATF) then identified Nauru as one of 15 "non-cooperative" countries in its fight against money laundering. During the 1990s, it was possible to establish a licensed bank in Nauru for only $25,000 with no other requirements. Under pressure from FATF, Nauru introduced anti-avoidance legislation in 2003, after which foreign hot money left the country. In October 2005, after satisfactory results from the legislation and its enforcement, FATF lifted the non-cooperative designation.

From 2001 to 2007, the Nauru detention centre provided a source of income for Nauru. The Nauruan authorities reacted with concern to its closure by Australia. In February 2008, the Foreign Affairs Minister, Dr. Kieren Keke, stated that it would result in 100 Nauruans losing their jobs, and would affect 10% of the island's population directly or indirectly: :"We have got a huge number of families that are suddenly going to be without any income. We are looking at ways we can try and provide some welfare assistance but our capacity to do that is very limited. Literally we have got a major unemployment crisis in front of us."

Nepal

ASIA

Nepal, lying between India and China on the southern shoulder of the Himalayas, is one of the world's poorest countries. Its agricultural economy is heavily dependent on the monsoon.

OFFICIAL NAME: Federal Democratic Republic of Nepal
DATE OF FORMATION: 1769
CAPITAL: Kathmandu
POPULATION: 29.3 million
TOTAL AREA: 54,363 sq. miles (140,800 sq. km)
DENSITY: 555 people per sq. mile
LANGUAGES: Nepali*, Maithili, Bhojpuri
RELIGIONS: Hindu 90%, Buddhist 5%, Muslim 3%, other (incl. Christian) 2%
ETHNIC MIX: Other 57%, Chhetri 16%, Hill Brahman 13%, Tharu 7%, Magar 7%
GOVERNMENT: Transitional regime
CURRENCY: Nepalese rupee = 100 paisa

Geography

Nepal is of roughly trapezoidal shape, 800 kilometres (497 mi) long and 200 kilometres (124 mi) wide, with an area of 147,181 km^2 (56,827 sq mi). See List of territories by size for the comparative size of Nepal. It lies between latitudes 26° and 31°N, and longitudes 80° and 89°E.

Nepal is commonly divided into three physiographic areas: Mountain, Hill and Terai. These ecological belts run east-west and are vertically intersected by Nepal's major, north to south flowing river systems.

The southern lowland plains or Terai bordering India are part of the northern rim of the Indo-Gangetic plains. They were formed and are fed by three major Himalayan rivers: the Kosi, the Narayani, and the Karnali as well as smaller rivers rising below the permanent snowline. This region has a subtropical to tropical climate. The outermost range of foothills called Shiwalik or Churia Range cresting at 700 to 1,000 metres (2,297 to 3,281 ft) marks the limit of the Gangetic Plain, however broad, low valleys called Inner Tarai (Bhitri Tarai Uptyaka) lie north of these foothills in several places.

The Hill Region (Pahad) abuts the mountains and varies from 800 to 4,000 metres (2,625 to 13,123 ft) in altitude with progression from subtropical climates below 1,200 metres (3,937 ft) to alpine climates above 3,600 metres (11,811 ft). The Mahabharat Range reaching 1,500 to 3,000 metres (4,921 to 9,843 ft) is the southern limit of this region, with subtropical river valleys and "hills" alternating to the north of this range. Population density is high in valleys but notably less above 2,000 metres (6,562 ft) and very low above 2,500 metres (8,202 ft) where snow occasionally falls in winter.

The Mountain Region (Parbat), situated in the Great Himalayan Range, makes up the northern part of Nepal. It contains the highest elevations in the world including 8,848 metres (29,029 ft) height Mount Everest (Sagarmatha in Nepali) on the border with China. Seven other of the world's eight thousand metre peaks are in Nepal or on its border with China: Lhotse, Makalu, Cho Oyu, Kanchenjunga, Dhaulagiri, Annapurna and Manaslu.

Nepal has five climatic zones, broadly corresponding to the altitudes. The tropical and subtropical zones lie below 1,200 metres (3,937 ft), the temperate zone 1,200 to 2,400 metres (3,937 to 7,874 ft), the cold zone 2,400 to 3,600 metres (7,874 to 11,811 ft), the subarctic zone 3,600 to 4,400 metres (11,811 to 14,436 ft), and the Arctic zone above 4,400 metres (14,436 ft).

Nepal experiences five seasons: summer, monsoon, autumn, winter and spring. The Himalaya blocks cold winds from Central Asia in the winter and forms the northern limit of the monsoon wind patterns. In a land once thickly forested, deforestation is a major problem in all regions, with resulting erosion and degradation of ecosystems.

Nepal is popular for mountaineering, containing some of the highest and most challenging mountains in the world, including Mount Everest. Technically, the south-east ridge on the Nepali side of the mountain is easier to climb; so, most climbers prefer to trek to Everest through Nepal.

Climate

Warm monsoon season from July to October. The rest of the year is dry, sunny, and mild. Winter temperatures in the Himalayas average 14°F (–10°C).

People & Society

Tensions are few between the diverse ethnic groups. Buddhist women, including Sherpas, face fewer social restrictions than Hindus. Trafficking of women and child labor are problems. Human rights violations rose during the 1999–2006 Maoist insurgency. The peace deal led to the abolition of the monarchy and Maoist victory in elections, but fractious coalitions mean instability continues.

A typical Nepalese meal is dal-bhat-tarkari. Dal is a spicy lentil soup, served over bhat (boiled rice), served with tarkari (curried vegetables) together with achar (pickles) or chutni (spicy condiment made from fresh ingredients). The Newar community, however, has its own unique cuisine. It consists of non-vegetarian as well as vegetarian items served with alcoholic and non-alcoholic beverages. Mustard oil is the cooking medium and a host of spices, such as cumin, coriander, black peppers, sesame seeds, turmeric, garlic, ginger, methi (fenugreek), bay leaves, cloves, cinnamon, pepper, chillies, mustard seeds, etc., are used in the cooking. The cuisine served on festivals is generally the best.

Economy

Nepal's gross domestic product (GDP) for 2008 was estimated at over $12 billion (adjusted to Nominal GDP), making it the 115th-largest economy in the world. Agriculture accounts for about 40% of Nepal's GDP, services comprise 41% and industry 22%. Agriculture employs 76% of the workforce, services 18% and manufacturing/craft-based industry 6%. Agricultural produce – mostly grown in the Terai region bordering India – includes tea, rice, corn, wheat, sugarcane, root crops, milk, and water buffalo meat. Industry mainly involves the processing of agricultural produce, including jute, sugarcane, tobacco, and grain.

Its workforce of about 10 million suffers from a severe shortage of skilled labour. About half of the population live below the international poverty line of $1.25 a day. The spectacular landscape and diverse, exotic cultures of Nepal represent considerable potential for tourism, but growth in this hospitality industry has been stifled by recent political events. In 2009, the number of international tourists visiting Nepal was 509,956. The rate of unemployment and underemployment approaches half of the working-age population. Thus many Nepali citizens move to India in search of work; the Gulf countries and Malaysia being new sources of work. Nepal receives $50 million a year through the Gurkha soldiers who serve in the Indian and British armies and are highly esteemed for their skill and bravery. The total remittance value is worth around $1 billion, including money sent from the Persian Gulf and Malaysia, who combined employ around 700,000 Nepali citizens.

A long-standing economic agreement underpins a close relationship with India. The country receives foreign aid from India, Japan, the UK, the US, the EU, China, Switzerland, and Scandinavian countries. Poverty is acute; per-capita income is around $1,000. The distribution of wealth among the Nepalis is consistent with that in many developed and developing countries: the highest 10% of households control 39.1% of the national wealth and the lowest 10% control only 2.6%.

The government's budget is about $1.153 billion, with expenditure of $1.789 billion (FY05/06). The Nepalese rupee has been tied to the Indian Rupee at an exchange rate of 1.6 for many years. Since the loosening of exchange rate controls in the early 1990s, the black market for foreign exchange has all but disappeared. The inflation rate has dropped to 2.9% after a period of higher inflation during the 1990s.

Nepal's exports of mainly carpets, clothing, leather goods, jute goods and grain total $822 million. Import commodities of mainly gold, machinery and equipment, petroleum products and fertilizer total US$2 bn. India (53.7%), the US (17.4%), and Germany (7.1%) are its main export partners. Nepal's import partners include India (47.5%), the United Arab Emirates (11.2%), China (10.7%), Saudi Arabia (4.9%), and Singapore (4%).

Netherlands

EUROPE

Astride the delta of five major rivers in northwest Europe, the Netherlands built its historic wealth on maritime trade. Rotterdam is Europe's largest port.

OFFICIAL NAME: Kingdom of the Netherlands
DATE OF FORMATION: 1648
CAPITAL: Amsterdam and The Hague
POPULATION: 16.7 million
TOTAL AREA: 16,033 sq. miles (41,526 sq. km)
DENSITY: 1267 people per sq. mile
LANGUAGES: Dutch*, Frisian
RELIGIONS: Roman Catholic 36%, other 34%, Protestant 27%, Muslim 3%
ETHNIC MIX: Dutch 82%, other 12%, Surinamese, Turkish, and Moroccan 6%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

The European area of the Netherlands lies between latitudes 50° and 54° N, and longitudes 3° and 8° E.

The country is divided into two main parts by three large rivers, the Rhine (Rijn) and its main distributaries, the Waal and the Meuse (Maas). These rivers functioned as a natural barrier between earlier fiefdoms and hence created traditionally a cultural divide, as is evident in some phonetic traits that are recognizable north and south of these "Large Rivers" (de Grote Rivieren).

The southwestern part of the Netherlands is a river delta and two tributaries of the Scheldt (Westerschelde and Oosterschelde). Only one significant branch of the Rhine flows northeastward, the IJssel river, discharging into the IJsselmeer, the former Zuiderzee ('southern sea'). This river also forms a linguistic divide: people to the east of this river speak Dutch Low Saxon dialects (except for the province of Friesland, which has its own language).

Over the centuries, the Dutch coastline has changed considerably as a result of human intervention and natural disasters. Most notable in terms of land loss is the 1134 storm, which created the archipelago of Zeeland in the southwest.

On 14 December 1287, St. Lucia's flood affected the Netherlands and Germany killing more than 50,000 people in one of the most destructive floods in recorded history. The St. Elizabeth flood of 1421 and the mismanagement in its aftermath destroyed a newly reclaimed polder, replacing it with the 72-square-kilometre (28 sq mi) Biesbosch tidal floodplains in the south-centre. The last major flood in the Netherlands took place in early February 1953, when a huge storm caused the collapse of several dikes in the southwest of the Netherlands. More than 1,800 people drowned in the ensuing inundations. The Dutch government subsequently decided on a large-scale program of public works (the "Delta Works") to protect the country against future flooding. The project took more than thirty years to complete.

The disasters were partially increased in severity through human influence. People had drained relatively high lying swampland to use it as farmland. This drainage caused the fertile peat to compress and the ground level to drop, whereby they would lower the water level to compensate for the drop in ground level, causing the underlying peat to compress even more. The problem remains unsolvable to this day. Also, up until the 19th century peat was mined, dried, and used for fuel, further adding to the problem.

To guard against floods, a series of defences against the water were contrived. In the first millennium AD, villages and farmhouses were built on man-made hills called terps. Later, these terps were connected by dikes. In the 12th century, local government agencies called "waterschappen" (English "water bodies") or "hoogheemraadschappen" ("high home councils") started to appear, whose job it was to maintain the water level and to protect a region from floods. (These agencies exist to this day, performing the same function.) As the ground level dropped, the dikes by necessity grew and merged into an integrated system. By the 13th century, windmills had come into use in order to pump water out of areas below sea level. The windmills were later used to drain lakes, creating the famous polders.

In 1932, the Afsluitdijk (English "Closure Dike") was completed, blocking the former Zuiderzee (Southern Sea) from the North Sea and thus creating the IJsselmeer (IJssel Lake). It became part of the larger Zuiderzee Works in which four polders totalling 2,500 square kilometres (965 sq mi) were reclaimed from the sea.

Additionally, the Netherlands is one of the countries that may suffer most from climate change. Not only is the rising sea a problem, but also erratic weather patterns may cause the rivers to overflow.

Climate

The predominant wind direction in the Netherlands is southwest, which causes a moderate maritime climate, with cool summers and mild winters. This is especially the case with places within direct proximity of the Dutch coastline, which sometimes are over 10 °C (18 °F) warmer (in winter) or cooler (in summer) than places in the (south)east of the country.

Ice days (maximum temperature below 0 °C) usually occur from December until February, with the occasional rare ice day prior to or after that period. Freezing days (minimum temperature below 0 °C) occur much more often, usually ranging from mid November to late March, but not rarely measured as early as mid October and as late as mid May. If one chooses the height of measurement to be 10 cm. above ground instead of 150 cm., one may even find such temperatures in the middle of the summer.

Warm days (maximum temperature above 20 °C) in De Bilt are usually measured in the time span of April until September, but in some parts of the country such temperatures can also occur in March and October (this is usually not in De Bilt, however). Summer days (maximum temperature above 25 °C) are usually measured in De Bilt from May until August, tropical days (maximum temperature above 30 °C) are rare and usually occur only from June until August.

Precipitation throughout the year is relatively equally shared by each month. Summer and autumn months tend to gather a little bit more precipitation than other months, mainly because of the intensity of the rainfall rather than the frequency of rain days (this is especially the case in summer, when lightning too is much more frequent than otherwise).

The number of sunshine hours is affected by the fact that due to the geographical latitude the length of the days varies between barely eight hours in December and nearly 17 hours in June.

People & Society

The Dutch have a long history of welcoming immigrants from former colonies and refugees seeking asylum. However, lack of integration is now raising fears about the failing asylum system, immigrant crime, and militant Islam. Population is mostly urban and the density is high. The state does not try to impose a particular morality on its citizens. Laws concerning sexuality, narcotics-taking, and euthanasia are among the world's most liberal.

The fertility rate in the Netherlands is 1.66 children per woman (as of 2008), which is high compared to many other European countries, but below the 2.1-rate required for natural population replacement. Life expectancy is high in the Netherlands: 79 years for newborn girls and 78 for boys (2007). The country has a migration rate of 2.55 migrants per 1,000 inhabitants.

The majority of the population of the Netherlands are ethnically Dutch. A 2005 estimate counted: 80.9% Dutch, 2.4% Indonesian, 2.4% German, 2.2% Turkish, 2.0% Surinamese, 2.0% Moroccan, 0.8% Antillean and Aruban, and 6.0% others.

The Dutch are the tallest people in the world, with an average height of 1.81 metres (5 ft 11 in) for adult males and 1.67 metres (5 ft 6 in) for adult females. People in the south are on average about 2 cm shorter than those in the north.

Dutch people, or descendants of Dutch people, are also found in migrant communities worldwide, notably in Canada, Australia, South Africa and the United States. According to the 2006 US Census, more than 5 million Americans claim total or partial Dutch ancestry. There are close to 3 million Dutch-descended Afrikaners living in South Africa. In 1940, there were 290,000 Europeans and Eurasians in Indonesia, but most have since left the country.

Economy

The Netherlands has a very strong economy and has been playing a special role in the European economy for many centuries. Since the 16th century, shipping, fishing, trade, and banking have been leading sectors of the Dutch economy. The Netherlands is one of the world's 10 leading exporting countries. Foodstuffs form the largest industrial sector. Other major industries include chemicals, metallurgy, machinery, electrical, goods and tourism. Examples include Unilever, Heineken, financial services (ING), chemicals (DSM), petroleum refining (Shell), electronical machinery (Philips, ASML) and car navigation TomTom.

The Netherlands has the 16th largest economy in the world, and ranks 7th in GDP (nominal) per capita. Between 1997 and 2000 annual economic growth (GDP) averaged nearly 4%, well above the European average. Growth slowed considerably from 2001 to 2005 with the global economic slowdown, but accelerated to 4.1% in the third quarter of 2007. Inflation is 1.3%, and unemployment is at 4.0% of the labour force. By Eurostat standards, unemployment in the Netherlands is at 4.1% (April 2010) – the lowest rate of all European Union member states. The Netherlands also has a relatively low GINI coefficient of 0.326. Despite ranking only 7th in GDP per capita, UNICEF ranked the Netherlands 1st in child well-being. On the Index of Economic Freedom Netherlands is the 13th most free market capitalist economy out of 157 surveyed countries.

Amsterdam is the financial and business capital of the Netherlands. The Amsterdam Stock Exchange (AEX), part of Euronext, is the world's oldest stock exchange and is one of Europe's largest bourses. It is situated near Dam Square in the city's centre. As a founding member of the euro, the Netherlands replaced (for accounting purposes) its former currency, the "Gulden" (guilder), on 1 January 1999, along with 15 other adopters of the Euro. Actual euro coins and banknotes followed on 1 January 2002. One euro was equivalent to 2.20371 Dutch guilders.

The Netherlands' location gives it prime access to markets in the UK and Germany, with the port of Rotterdam being the largest port in Europe. Other important parts of the economy are international trade (Dutch colonialism started with cooperative private enterprises such as the VOC), banking and transport. The Netherlands successfully addressed the issue of public finances and stagnating job growth long before its European partners. Amsterdam is the 5th busiest tourist destination in Europe with more than 4.2 million international visitors.

The country continues to be one of the leading European nations for attracting foreign direct investment and is one of the five largest investors in the United States. The economy experienced a slowdown in 2005, but in 2006 recovered to the fastest pace in six years on the back of increased exports and strong investment. The pace of job growth reached 10-year highs in 2007.The Netherlands moved up from the 11th position in the Global Competitiveness Index to the 9th position in 2007.

One of the largest natural gas fields in the world is situated near Slochteren. Exploitation of this field resulted in a total revenue of €159 billion since the mid 1970s. With just over half of the reserves used up and an expected continued rise in oil prices, the revenues over the next few decades are expected to be at least that much.

A highly mechanised agricultural sector employs 4% of the labour force but provides large surpluses for the food-processing industry and for exports. The Dutch rank third worldwide in value of agricultural exports, behind the United States and France, with exports earning $55 billion annually. A significant portion of Dutch agricultural exports are derived from fresh-cut plants, flowers, and bulbs, with the Netherlands exporting two-thirds of the world's total. The Netherlands also exports a quarter of all world tomatoes, and trade of one-third of the world's exports of chilis, tomatoes and cucumbers goes through the country. The Netherlands also exports one-fifteenth of the world's apples.

New Zealand

AUSTRALASIA & OCEANIA

Lying in the South Pacific, 990 miles (1600 km) southeast of Australia, New Zealand comprises North and South Islands, separated by the Cook Strait, and many smaller islands.

OFFICIAL NAME: New Zealand
DATE OF FORMATION: 1947
CAPITAL: Wellington
POPULATION: 4.39 million
TOTAL AREA: 103,737 sq. miles (268,680 sq. km)
DENSITY: 41 people per sq. mile
LANGUAGES: English*, Maori*
RELIGIONS: Anglican 24%, other 22%, Presbyterian 18%, nonreligious 16%, Roman Catholic 15%, Methodist 5%
ETHNIC MIX: European 75%, Maori 15%, other 7%, Samoan 3%
GOVERNMENT: Parliamentary system
CURRENCY: New Zealand dollar = 100 cents

Geography

New Zealand is made up of two main islands and a number of smaller islands, located near the centre of the water hemisphere. The main North and South Islands are separated by the Cook Strait, 22 kilometres (14 mi) wide at its narrowest point. Besides the North and South Islands, the five largest inhabited islands are Stewart Island, the Chatham Islands, Great Barrier Island (in the Hauraki Gulf), d'Urville Island (in the Marlborough Sounds) and Waiheke Island (about 22 km (14 mi) from central Auckland). The country's islands lie between latitudes 29° and 53°S, and longitudes 165° and 176°E.

New Zealand is long (over 1,600 kilometres (990 mi) along its north-north-east axis) and narrow (a maximum width of 400 kilometres (250 mi)), with approximately 15,134 km (9,404 mi) of coastline and a total land area of 268,021 square kilometres (103,483 sq mi) Due to its far-flung outlying islands and long coastline, the country has extensive marine resources. Its Exclusive Economic Zone, one of the largest in the world, covers more than 15 times its land area.

The South Island is the largest land mass of New Zealand, and is divided along its length by the Southern Alps. There are 18 peaks over 3,000 metres (9,800 ft), the highest of which is Aoraki/Mount Cook at 3,754 metres (12,316 ft). Fiordland's steep mountains and deep fiords record the extensive ice age glaciation of this south-western corner of the South Island. The North Island is less mountainous but is marked by volcanism. The highly active Taupo volcanic zone has formed a large volcanic plateau, punctuated by the North Island's highest mountain, Mount Ruapehu (2,797 metres (9,177 ft)). The plateau also hosts the country's largest lake, Lake Taupo, nestled in the caldera of one of the world's most active supervolcanoes.

The country owes its varied topography, and perhaps even its emergence above the waves, to the dynamic boundary it straddles between the Pacific and Indo-Australian Plates. New Zealand is part of Zealandia, a microcontinent nearly half the size of Australia that gradually submerged after breaking away from the Gondwanan supercontinent. About 25 million years ago, a shift in plate tectonic movements began to contort and crumple the region. This is now most evident in the Southern Alps, formed by compression of the crust beside the Alpine Fault. Elsewhere the plate boundary involves the subduction of one plate under the other, producing the Puysegur Trench to the south, the Hikurangi Trench east of the North Island, and the Kermadec and Tonga Trenches further north.

Climate

New Zealand has a mild and temperate maritime climate with mean annual temperatures ranging from 10 °C (50 °F) in the south to 16 °C (61 °F) in the north. Historical maxima and minima are 42.4 °C (108.3 °F) in Rangiora, Canterbury and −25.6 °C (−14.08 °F) in Ranfurly, Otago. Conditions vary sharply across regions from extremely wet on the West Coast of the South Island to almost semi-arid in Central Otago and the Mackenzie Basin of inland Canterbury and subtropical in Northland. Of the seven largest cities, Christchurch is the driest, receiving on average only 640 millimetres (25 in) of rain per year and Auckland the wettest, receiving almost twice that amount. Auckland, Wellington and Christchurch all receive a yearly average in excess of 2,000 hours of sunshine. The southern and south-western parts of the South Island have a cooler and cloudier climate, with around 1,400–1,600 hours; the northern and north-eastern parts of the South Island are the sunniest areas of the country and receive approximately 2,400–2,500 hours.

People & Society

Maoris were the first settlers, 1200 years ago. Today's majority European population is descended mainly from British migrants who settled after 1840. Maoris' living and education standards are generally lower than average. The government is continuing to negotiate the settlement of Maori land claims.

The life expectancy of a New Zealand child born in 2008 was 82.4 years for females, and 78.4 years for males. Life expectancy at birth is forecast to increase from 80 years to 85 years in 2050 and infant mortality is expected to decline. In 2050 the population is forecast to reach 5.3 million, the median age to rise from 36 years to 43 years and the percentage of people 60 years of age and older to rise from 18 percent to 29 percent.

Economy

New Zealand has a modern, prosperous and developed market economy with an estimated gross domestic product (GDP) at purchasing power parity (PPP) per capita of roughly US$28,250. The New Zealand dollar, informally known as the "Kiwi dollar", is the currency of New Zealand. It also circulates in the Cook Islands (see Cook Islands dollar), Niue, Tokelau, and the Pitcairn Islands. New Zealand was ranked the 3rd "most developed" country in 2010 according to the United Nations Development Programme's Human Development Index, 4th in the 2011 Index of Economic Freedom published by The Heritage Foundation.

Historically, extractive industries have contributed strongly to New Zealand's economy, focussing at different times on sealing, whaling, flax, gold, kauri gum, and native timber. With the development of refrigerated shipping in the 1880s meat and dairy products were exported to Britain, a trade which provided the basis for strong economic growth in New Zealand. High demand for agricultural products from the United Kingdom and the United States helped New Zealanders achieve higher living standards than both Australia and Western Europe in the 1950s and 1960s. In 1973 New Zealand's export market was reduced when the United Kingdom joined the European Community and other compounding factors, such as the 1973 oil and 1979 energy crisis, led to a severe economic depression. Living standards in New Zealand fell behind those of Australia and Western Europe, and by 1982 New Zealand had the lowest per-capita income of all the developed nations surveyed by the World Bank. Since 1984, successive governments engaged in major macroeconomic restructuring (known first as Rogernomics and then Ruthanasia), rapidly transforming New Zealand from a highly protectionist economy to a liberalised free-trade economy.

Unemployment peaked above 10 percent in 1991 and 1992, following the 1987 share market crash, but eventually fell a record low of 3.4 percent in 2007 (ranking fifth from twenty-seven comparable OECD nations). The global financial crisis that followed however had a major impact on New Zealand with the GDP shrinking for five consecutive quarters, the longest recession in over thirty years, and unemployment rising back to 7 percent in late 2009. The unemployment rate for youth was 17.4 percent in the June 2011 quarter. New Zealand has experienced a series of "brain drains" since the 1970s that still continue today. Nearly one quarter of highly-skilled workers live overseas, most in Australia and Britain, the most from any developed nation. In recent years, however, a "brain gain" has brought in educated professionals from Europe and lesser developed countries

Nicaragua

NORTH & CENTRAL AMERICA

Nicaragua lies at the heart of Central America. The Sandinista revolution of 1978 led to 11 years of civil war between the left-wing Sandinistas and the right-wing US-backed Contras.

OFFICIAL NAME: Republic of Nicaragua
DATE OF FORMATION: 1838
CAPITAL: Managua
POPULATION: 5.8 million
TOTAL AREA: 49,998 sq. miles (129,494 sq. km)
DENSITY: 125 people per sq. mile
LANGUAGES: Spanish*, English Creole, Miskito
RELIGIONS: Roman Catholic 80%, Protestant Evangelical 17%, other 3%
ETHNIC MIX: Mestizo 69%, White 14%, Black 8%, Amerindian 5%, Zambo 4%
GOVERNMENT: Presidential system
CURRENCY: Córdoba oro = 100 centavos

Geography

Nicaragua is a country in Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Honduras. Approximately the size of Greece or the U.S. state of New York, it is the largest country in Central America. The country covers a total area of 129,494 square kilometers (120,254 square kilometers of which are land area) and contains a diversity of climates and terrains. The country's physical geography divides it into three major zones: Pacific lowlands, the wetter, cooler central highlands, and the Caribbean lowlands.

The Pacific lowlands extend about 75 kilometers inland from the Pacific coast. Most of the area is flat, except for a line of young volcanoes, many of which are still active, running between the Golfo de Fonseca and Lago de Nicaragua. These peaks lie just west of a large crustal fracture or structural rift that forms a long, narrow depression passing southeast across the isthmus from the Golfo de Fonseca to the Río San Juan. The rift is occupied in part by the largest freshwater lakes in Central America: Lago de Managua (56 kilometers long and 24 kilometers wide) and Lago de Nicaragua (about 160 kilometers long and 75 kilometers wide). These two lakes are joined by the Río Tipitapa, which flows south into Lago de Nicaragua. Lago de Nicaragua in turn drains into the Río San Juan (the boundary between Nicaragua and Costa Rica), which flows through the southern part of the rift lowlands to the Caribbean Sea. The valley of the Río San Juan forms a natural passageway close to sea level across the Nicaraguan isthmus from the Caribbean Sea to Lago de Nicaragua and the rift. From the southwest edge of Lago de Nicaragua, it is only nineteen kilometers to the Pacific Ocean. This route was considered as a possible alternative to the Panama Canal at various times in the past.

Surrounding the lakes and extending northwest of them along the rift valley to the Golfo de Fonseca are fertile lowland plains highly enriched with volcanic ash from nearby volcanoes. These lowlands are densely populated and well cultivated. More directly west of the lake region is a narrow line of ash-covered hills and volcanoes that separate the lakes from the Pacific Ocean. This line is highest in the central portion near León and Managua.

Because Western Nicaragua is located where two major tectonic plates collide, it is subject to earthquakes and volcanic eruptions. Although periodic volcanic eruptions have caused agricultural damage from fumes and ash, earthquakes have been by far more destructive to life and property. Hundreds of shocks occur each year, some of which cause severe damage. The capital city of Managua was virtually destroyed in 1931 and again in 1972.

The triangular area known as the central highlands lies northeast and east of the Pacific lowlands. This rugged is composed of ridges 900 to 1,800 meters high and a mixed forest of oak and pine alternating with deep valleys that drain primarily toward the Caribbean. Very few significant streams flow west to the Pacific Ocean; those that do are steep, short, andittently. The relatively dry western slopes of the central highlands, protected by the ridges of the highlands from the moist winds of the Caribbean, have drawn farmers from the Pacific region since colonial times and are now well settled. The eastern slopes

The eastern Caribbean lowlands of Nicaragua form the extensive (occupying more than 50 percent of national territory) and still sparsely settled lowland area known as the Costa de Mosquitos (Miskito Coast). The Caribbean lowlands are sometimes considered synonymous with the former department of Zelaya, which is now divided into the North Atlantic Autonomous Region (Región Autonomista Atlántico Norte, RAAN) and the South Atlantic Autonomous Region (Región Autonomista Atlántico Sur, RAAS) and constitutes about 45 percent of Nicaragua's territory. These lowlands are a hot, humid area that includes coastal plains, the eastern spurs of the central highlands, and the lower portion of the Río San Juan basin. The soil is generally leached and infertile. Pine and palm savannas predominate as far south as the Laguna de Perlas. Tropical rain forests are characteristic from the Laguna de Perlas to the Río San Juan, in the interior west of the savannas, and along rivers through the savannas. Fertile soils are found only along the natural levees and narrow floodplains of the numerous rivers, including the Escondido, the Río Grande de Matagalpa, the Prinzapolka, and the Coco, and along the many lesser streams that rise in the central highlands and cross the region en route to the complex of shallow bays, lagoons, and salt marshes of the Caribbean coast.

Climate

Temperature varies little with the seasons in Nicaragua and is largely a function of elevation.The"hot land," is characteristic of the foothills and lowlands from sea level to about 750 meters (2,461 ft) of elevation.And night temperatures drop to 21 to 24 °C (69.8 to 75.2 °F) most of the year. The tierra templada, or the "temperate land," is characteristic of most of the central highlands, where elevations range between 750 and 1,600 meters (2,461 and 5,249 ft).The "cold land," at elevations above 1,600 meters (5,249 ft), is found only on and near the highest peaks of the central highlands. Daytime averages in this region are 22 to 24 °C (71.6 to 75.2 °F), with nighttime lows below 15 °C (59 °F).

Rainfall varies greatly in Nicaragua. The Caribbean lowlands are the wettest section of Central America, receiving between 2,500 and 6,500 millimeters (98.4 and 255.9 in) of rain annually. The western slopes of the central highlands and the Pacific lowlands receive considerably less annual rainfall, being protected from moisture-laden Caribbean trade winds by the peaks of the central highlands. Mean annual precipitation for the rift valley and western slopes of the highlands ranges from 1,000 to 1,500 millimeters (39.4 to 59.1 in). Rainfall is seasonal—May through October is the rainy season, and December through April is the driest period.

During the rainy season, Eastern Nicaragua is subject to heavy flooding along the upper and middle reaches of all major rivers. Near the coast, where river courses widen and river banks and natural levees are low, floodwaters spill over onto the floodplains until large sections of the lowlands become continuous sheets of water. River bank agricultural plots are often heavily damaged, and considerable numbers of savanna animals die during these floods. The coast is also subject to destructive tropical storms and hurricanes, particularly from July through October. The high winds and floods accompanying these storms often cause considerable destruction of property. In addition, heavy rains (called papagayo storms) accompanying the passage of a cold front or a low-pressure area may sweep from the north through both eastern and western Nicaragua (particularly the rift valley) from November through March. Hurricanes or heavy rains in the central highlands, where agriculture has destroyed much of the natural vegetation, also cause considerable crop damage and soil erosion. In 1988 Hurricane Joan forced hundreds of thousands of Nicaraguans to flee their homes and caused more than US$1 billion in damage, most of it along the Caribbean coast.

People & Society

Most of the population is mixed race, and there is a large white elite. The Caribbean regions are home to communities of Miskito Amerindians and blacks, who gained autonomy in 1987. The revolution improved the status of women, but these gains have been undone by rampant poverty.

According to the CIA World Factbook, Nicaragua's life expectancy was 71.5 years in 2009, a figure roughly equivalent to that of Vietnam and Palau. The infant mortality rate stood at 25.5, roughly equivalent to that of the Marshall Islands and Paraguay.

Nicaragua appears ranked 91st in the international mortality rate, which places it between the world average and Panama.

The most populous city in Nicaragua is the capital, Managua, with a population of 1.8 million (2005) and an estimated 2.2 by 2010 and more than 2.5 mill for the metro area. As of 2005, over 7.0 million inhabitants live in the Pacific, Central and North regions, 5.5 in the Pacific region alone, while inhabitants in the Caribbean region reached an estimated 700,000.

There is a growing expatriate community the majority of whom move for business, investment or retirement from United States, Canada, Europe, Taiwan, and other countries; the majority have settled in Managua, Granada and San Juan del Sur.Many Nicaraguans live abroad, particularly in the United States, Mexico, Costa Rica, Canada and El Salvador.

Nicaragua has a population growth rate of 1.8% as of 2008. This is the result of one of the highest birth rates in the Western Hemisphere: 24.9X1,000 according to the United Nations for the period 2005–2010. The death rate is 4.1X1,000 during the same period according to the United Nations.

Economy

Nicaragua is primarily an agricultural country; agriculture constitutes 60% of its total exports which annually yield approximately US $2.0 billion. In addition, Nicaragua's Flor de Caña rum is renowned as among the best in Latin America, and its tobacco and beef are also well regarded. Nicaragua's agrarian economy has historically been based on the export of cash crops such as bananas, coffee, sugar, beef and tobacco. Light industry (maquila), tourism, banking, mining, fisheries, and general commerce are expanding. Nicaragua also depends heavily on remittances from Nicaraguans living abroad, which totaled $655.5 million in 2006.

Nicaragua has always been a predominantly agricultural country. On the Pacific side, coffee and cotton are by far the most important commercial crops. In 1992, more land was devoted to coffee than to any other crop, and it is the nation's leading export in terms of value. Nearly two-thirds of the coffee crop comes from the northern part of the Central Highlands, in the area north and east of the town of Estelí.

In the early 1980s, cotton became Nicaragua's second-largest export earner. Production is centered on large farms along the central Pacific coast. Unfortunately, the growth of the cotton industry has created serious problems. Soil erosion and pollution from the heavy use of pesticides have become serious concerns in the cotton district. Yields and exports have both been declining since 1985.

Plantation crops are significant in the Caribbean lowlands. After disease wiped out most of the region's banana plants in the years before 1945, attempts were made to diversify crops. Today most of Nicaragua's bananas are grown in the northwestern part of the country near the port of Corinto; sugarcane is also grown in the same district. Subsistence farms, where food is grown mainly for the consumption of the farm family instead of for sale, are found throughout Nicaragua. Favorite food crops grown on such farms include rice, beans, maize, citrus fruits, and cassava. Cassava, a root crop somewhat similar to the potato, is an important food in tropical regions. The plant's roots can be eaten boiled and sliced, or ground into flour. Cassava is also the main ingredient in tapioca pudding.

The Pacific lowlands and the middle and southern parts of the Central Highlands are the principal cattle-grazing areas. An especially large number of cattle are found to the east of Lake Nicaragua.

Beginning in the 1960s, shrimp became big business on both the Pacific and Caribbean coasts. The main shrimping centers on the Pacific coast are Corinto and San Juan del Sur. Fishing boats on the Caribbean side bring shrimp as well as lobsters into processing plants at Puerto Cabezas, Bluefields, and Laguna de Perlas.

The lumber industry, concentrated mainly in the eastern third of the country, has been lethargic since 1980, with its activities limited by several problems. First, the best trees in the most accessible places have already been cut down. In addition, pure groves of trees are uncommon in tropical forests. Hundreds of species per acre are generally the rule, complicating the task of harvesting. Moreover, the most valuable dense hardwoods will not float. As a result, these trees must be trucked out of the forest rather than floated downriver to a sawmill. Finally, more restrictions are being placed on lumbering due to increased environmental concerns about destruction of the rain forests. But lumbering continues despite these obstacles; indeed, a single hardwood tree may be worth thousands of dollars.

Political turmoil has had a severe impact on the mining industry. Exports of gold are down, and little effort has been made to develop the large copper deposits of the northeast. Fighting during the revolution destroyed nearly one-third of Nicaragua's industry. As it rebuilds, the government is trying to change the industrial mix of the country and achieve decentralization. Before the revolution, more than 60 percent of the nation's industrial production, by value, was concentrated in Managua. The industrial-decentralization policy may help to slow the growth of the largest cities, while assisting in the redistribution of income and development of economies in impoverished areas. Major industries include food processing, cement production, metal fabrication, and oil refining. The Centroamérica power plant on the Tuma River in the Central Highlands has been expanded, and other hydroelectric projects have been undertaken to help provide electricity to the nation's newer industries.

The economic core of Nicaragua is located in the Pacific zone, and the railway and highway network reflects that concentration of activity. The government-owned rail system—an inefficient money loser—is gradually being replaced by truck transport. Transportation throughout the rest of the nation is often inadequate. For example, one cannot travel all the way by highway from Managua to the Caribbean coast. The road ends at the town of Rama. Travelers have to transfer and make the rest of the trip by riverboat down the Río Escondido—a five-hour journey.

Corinto is the only modern deepwater port in Nicaragua. It handles both agricultural exports and general-cargo imports. Petroleum is unloaded at Puerto Sandino, from which it travels by pipeline to a refinery in Managua. Trade with other nations in Central America has increased in recent years. Nicaragua has long been considered as a possible site for a new sea-level canal that could supplement the Panama Canal.

Gross Domestic Product (GDP) in purchasing power parity (PPP) in 2008 was estimated at $17.37 billion USD. The service sector is the largest component of GDP at 56.9%, followed by the industrial sector at 26.1% (2006 est.). Agriculture represents 17% of GDP, the highest percentage in Central America (2008 est.). Remittances account for over 15% of the Nicaraguan GDP. Close to one billion dollars are sent to the country by Nicaraguans living abroad. Nicaraguan labor force is estimated at 2.322 million of which 29% is occupied in agriculture, 19% in the industrial sector and 52% in the service sector (est. 2008).

After 1950 the scope of capital-intensive modern agriculture increased greatly. This growth was concentrated in export crops, while crops destined for domestic use continued to be produced by traditional labor-intensive methods. The shift to industrialized agriculture also significantly reduced the proportion of the population directly dependent on agriculture.

Commercial agriculture thrives in the Pacific Lowlands, where cotton and sugarcane are the staple crops. Although coffee is grown in the Pacific zone at elevations over 1,000 feet (300 meters), the most important coffee zone is the northwestern part of the Central Highlands, from Matagalpa to Jinotega. Cattle for the export of beef are raised in the southeastern part of the highlands. The overall expansion of export production by large landholders pushed the smallholders who produced the country's maize, beans, and other dietary staples onto marginal lands, with the result that food production could not keep up with population increase.

In the 1990s the government initiated efforts to diversify agriculture. Some of the new export-oriented crops were peanuts, sesame, melons, and onions.

Nicaragua's agricultural sector has benefited because of the country's strong ties to Venezuela. It is estimated that Venezuela will import approximately $200 million in agricultural goods.

Forestry and fishing are the bases of the eastern seaboard's commercial economy. In national terms, neither sector was important until the take-off of the fishing industry in the late 20th century. Mahogany was harvested commercially on the Atlantic coast beginning early in the 19th century. In the 20th century pine stands began to be exploited. In neither case, though, was the resource managed so as to ensure a sustained yield.

Nicaragua's fishing industry operates off both coasts and in freshwater Lake Nicaragua. The lake also has an aquaculture industry. The most valuable catches are shrimp and spiny lobster. The government expanded the size of the fishing fleet in the 1980s, which permitted a rapid expansion of shrimp and lobster exports in the 1990s. A turtle fishery thrived on the Caribbean coast before it collapsed from overexploitation.

Niger

AFRICA

Niger lies in west Africa, upstream from Nigeria on the Niger River. One of the world's poorest states, it was ruled by oneparty or military regimes until multipartyism was allowed in 1992.

OFFICIAL NAME: Republic of Niger
DATE OF FORMATION: 1960
CAPITAL: Niamey
POPULATION: 15.3 million
TOTAL AREA: 489,188 sq. miles (1,267,000 sq. km)
DENSITY: 31 people per sq. mile
LANGUAGES: Hausa, French*, other
RELIGIONS: Muslim 85%, traditional beliefs 14%, other (incl. Christian) 1%
ETHNIC MIX: Hausa 55%, Djerma and Songhai 21%, Peul 9%, Tuareg 9%, other 6%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Niger is a landlocked nation in West Africa located along the border between the Sahara and Sub-Saharan regions. It lies between latitudes 11° and 24°N, and longitudes 0° and 16°E. Niger's area is 1,267,000 square kilometres (489,191 sq mi) of which 300 square kilometres (116 sq mi) is water. This makes it slightly less than twice the size of the US state of Texas, and the world's twenty-second largest country (after Chad).

Niger borders seven countries and has a total perimeter of 5,697 kilometres (3,540 mi). The longest border is with Nigeria to the south (1,497 km/930 mi). This is followed by Chad to the east, at 1,175 km (730 mi), Algeria to the north-northwest (956 km/594 mi), and Mali at 821 km (510 mi). Niger also has small borders in its far southwest with Burkina Faso at 628 km (390 mi) and Benin at 266 km (165 mi) and to the north-northeast Libya at 354 km (220 mi).

The lowest point is the Niger River, with an elevation of 200 metres (656 ft). The highest point is Mont Idoukal-n-Taghès in the Aïr Massif at 2,022 m (6,634 ft).

Climate

Niger's climate is mainly hot and dry, with much desert area. In the extreme south there is a tropical climate on the edges of the Niger River Basin. The terrain is predominantly desert plains and sand dunes, with flat to rolling plains in the south and hills in the north. Lake Chad is at the south-east corner of the country and is shared between Niger, Nigeria, Chad and Cameroon.

People & Society

Tuareg nomads in the north feel excluded from politics and the benefits of development of their area's uranium resources. An early 1990s rebellion was reignited in 2007. In the south, egalitarianism and a sense of community help to combat economic difficulties. Almost the entire urban population lives in slum conditions. Two-thirds of the population is under 25. Women have limited rights and restricted access to education.

Economy

The economy of Niger centers on subsistence crops, livestock, and some of the world's largest uranium deposits. Drought cycles, desertification, a 2.9% population growth rate, and the drop in world demand for uranium have undercut the economy.

Niger shares a common currency, the CFA franc, and a common central bank, the Central Bank of West African States (BCEAO), with seven other members of the West African Monetary Union. Niger is also a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

In December 2000, Niger qualified for enhanced debt relief under the International Monetary Fund program for Heavily Indebted Poor Countries (HIPC) and concluded an agreement with the Fund for Poverty Reduction and Growth Facility (PRGF). Debt relief provided under the enhanced HIPC initiative significantly reduces Niger's annual debt service obligations, freeing funds for expenditures on basic health care, primary education, HIV/AIDS prevention, rural infrastructure, and other programs geared at poverty reduction.

In December 2005, it was announced that Niger had received 100% multilateral debt relief from the IMF, which translates into the forgiveness of approximately $86 million USD in debts to the IMF, excluding the remaining assistance under HIPC. Nearly half of the government's budget is derived from foreign donor resources. Future growth may be sustained by exploitation of oil, gold, coal, and other mineral resources. Uranium prices have recovered somewhat in the last few years. A drought and locust infestation in 2005 led to food shortages for as many as 2.5 million Nigeriens.

The agricultural economy is based largely upon internal markets, subsistence agriculture, and the export of raw commodities: food stuffs and cattle to neighbors. Niger's agricultural and livestock sectors are the mainstay of all but 18% of the population. Fourteen percent of Niger's GDP is generated by livestock production (camels, goats, sheep and cattle), said to support 29% of the population. Thus 53% of the population is actively involved in crop production. The 15% of Niger's land that is arable is found mainly along its southern border with Nigeria.

In these areas, Pearl millet, sorghum, and cassava are the principal rain-fed subsistence crops. Irrigated rice for internal consumption is grown in parts of the Niger River valley in the west. While expensive, it has, since the devaluation of the CFA franc, sold for below the price of imported rice, encouraging additional production. Cowpeas and onions are grown for commercial export, as are small quantities of garlic, peppers, potatoes, and wheat. Oasis farming in small patches of the north of the country produces onions, dates, and some market vegetables for export.

But for the most part, rural residents engaged in crop tending are clustered in the south centre and south west of the nation, in those areas (the Sahel) which can expect to receive between 300 to 600 mm (12 to 24 in) of rainfall annually. A small area in the southern tip of the nation, surrounding Gaya can expect to receive 700 to 900 mm (28 to 35 in) or rainfall. Northern areas which support crops, such as the southern portions of the Aïr Massif and the Kaouar oasis rely upon oases and a slight increase in rainfall due to mountain effects. Large portions of the northwest and far east of the nation, while within the Sahara desert, see just enough seasonal rainfall to support semi-nomadic animal husbandry. The populations of these areas, mostly Tuareg, Wodaabe – Fula, and Toubou, travel south (a process called Transhumance) to pasture and sell animals in the dry season, north into the Sahara in the brief rainy season.

Rainfall varies and when insufficient, Niger has difficulty feeding its population and must rely on grain purchases and food aid to meet food requirements. Rains, as in much of the Sahel, have been marked by annual variability. This has been especially true in the 20th century, with the most severe drought on record beginning in the late 1960s and lasting, with one break, well into the 1980s. The long term effect of this, especially to pastoralist populations remains in the 21st century, with those communities which rely upon cattle, sheep, and camels husbandry losing entire herds more than once during this period. Recent rains remain variable. For instance, the rains in 2000 were not good, those in 2001 were plentiful and well distributed.

The Kandadji Dam on the Niger River, whose construction started in August 2008, is expected to improve agricultural production in the Tillaberi Department by providing water for the irrigation of 6,000 hectares initially and of 45,000 hectares by 2034

Nigeria

AFRICA

West Africa's biggest nation, Nigeria is a federation of 36 states and the capital, Abuja. Dominated by military governments since 1966, democracy returned in 1999.

OFFICIAL NAME: Federal Republic of Nigeria
DATE OF FORMATION: 1960
CAPITAL: Abuja
POPULATION: 155 million
TOTAL AREA: 356,667 sq. miles (923,768 sq. km)
DENSITY: 440 people per sq. mile
LANGUAGES: Hausa, English*, Yoruba, Ibo
RELIGIONS: Muslim 50%, Christian 40%, traditional beliefs 10%
ETHNIC MIX: Hausa 21%, Yoruba 21%, Ibo 18%, Fulani 11%, other 29%
GOVERNMENT: Presidential system
CURRENCY: Naira = 100 kobo

Geography

Nigeria is located in western Africa on the Gulf of Guinea and has a total area of 923,768 km^2 (356,669 sq mi), making it the world's 32nd-largest country (after Tanzania). It is comparable in size to Venezuela, and is about twice the size of California. It shares a 4,047 kilometres (2,515 mi) border with Benin (773 km), Niger (1497 km), Chad (87 km), Cameroon (1690 km), and has a coastline of at least 853 km. Nigeria lies between latitudes 4° and 14°N, and longitudes 2° and 15°E.

The highest point in Nigeria is Chappal Waddi at 2,419 m (7,936 ft). The main rivers are the Niger and the Benue River which converge and empty into the Niger Delta, one of the world's largest river deltas and the location of a large area of Central African Mangroves.

Nigeria is also an important center for biodiversity. It is widely believed that the areas surrounding Calabar, Cross River State, contain the world's largest diversity of butterflies. The drill monkey is only found in the wild in Southeast Nigeria and neighbouring Cameroon.

Nigeria has a varied landscape. The far south is defined by its tropical rainforest climate, where annual rainfall is 60 to 80 inches (1,524 to 2,032 mm) a year. In the southeast stand the Obudu Plateau. Coastal plains are found in both the southwest and the southeast. This forest zone's most southerly portion is defined as salt water swamp, also known as a mangrove swamp because of the large amount of mangroves in the area. North of this is fresh water swamp, containing different vegetation from the salt water swamp, and north of that is rain forest.

Nigeria's most expansive topographical region is that of the valleys of the Niger and Benue River valleys (which merge into each other and form a "y" shape). To the southwest of the Niger there is "rugged" highland, and to the southeast of the Benue are hills and mountains which forms the Mambilla Plateau,the highest Plateau in Nigeria.This plateau extends to the border with Cameroon, this montane land is part of the Bamenda Highlands in Cameroon. The area near the border with Cameroon close to the coast is rich rainforest and part of the Cross-Sanaga-Bioko coastal forests ecoregion, an important centre for biodiversity including the drill monkey which is only found in the wild in this area and across the border in Cameroon. It is widely believed that the areas surrounding Calabar, Cross River State, also in this forest, contain the world's largest diversity of butterflies. The area of southern Nigeria between the Niger and the Cross Rivers has seen its forest more or less disappear to be replaced by grassland (see Cross-Niger transition forests).

Everything in between the far south and the far north, is savannah (insignificant tree cover, with grasses and flowers located between trees), and rainfall is between 20 and 60 inches (508 and 1,524 mm) per year. The savannah zone's three categories are Guinean forest-savanna mosaic, plains of tall grass which are interrupted by trees and the most common across the country: Sudan savannah, similar but with "shorter grasses and shorter trees; and Sahel savannah, comprised patches of grass and sand, found in the northeast. To the north is the Sahel with its almost desert-like climate, where rain is less than 20 inches (508 mm) per year and the Sahara Desert is encroaching. In the dry north-east corner of the country lies Lake Chad, which Nigeria shares with Niger, Chad and Cameroon.

Climate

The south is hot, rainy and humid for most of the year. The arid north has one very humid wet season. The Jos Plateau and highlands are cooler.

People & Society

Some 250 ethnic groups: tensions threaten national unity, with sporadic intercommunal violence. The northern states have introduced sharia (Islamic law) for their majority Muslim populations. Women have more economic independence in the south. In the Niger Delta, where 70% of people live on less than a dollar a day, militants are fighting for a share of the benefits of the region's oil wealth.

Health, health care, and general living conditions in Nigeria are poor. Life expectancy is 47 years (average male/female) and just over half the population has access to potable water and appropriate sanitation; the percentage is of children under five has gone up rather than down between 1990 and 2003 and infant mortality is 97.1 deaths per 1000 live births. HIV/AIDS rate in Nigeria is much lower compared to the other African nations such as Kenya or South Africa whose prevalence (percentage) rates are in the double digits. In 2003, the HIV prevalence rate among 20 to 29 year-olds was 5.6%. Nigeria suffers from periodic outbreaks of cholera, malaria, and sleeping sickness. It is the only country in Africa to have never eradicated polio, which it periodically exports to other African countries. A 2004 vaccination drive, spearheaded by the W.H.O. to combat polio and malaria, met with some opposition in the north, but polio was cut 98% between 2009 and 2010.

Economy

Nigeria is classified as a mixed economy emerging market, and has already reached middle income status according to the Worldbank, with its abundant supply of natural resources, well-developed financial, legal, communications, transport sectors and stock exchange (the Nigerian Stock Exchange), which is the second largest in Africa. Nigeria is ranked 37th in the world in terms of GDP (PPP) as of 2007. Nigeria is the United States' largest trading partner in sub-Saharan Africa and supplies a fifth of its oil (11% of oil imports). It has the seventh-largest trade surplus with the U.S. of any country worldwide. Nigeria is currently the 50th-largest export market for U.S. goods and the 14th-largest exporter of goods to the U.S. The United States is the country's largest foreign investor.

February 2011: According to Citigroup, Nigeria will get the highest average GDP growth in the world between 2010–2050. Nigeria is one of two countries from Africa among 11 Global Growth Generators countries.

Previously, economic development had been hindered by years of military rule, corruption, and mismanagement. The restoration of democracy and subsequent economic reforms have successfully put Nigeria back on track towards achieving its full economic potential. It is now the second largest economy in Africa (following South Africa), and the largest economy in the West Africa Region.

During the oil boom of the 1970s, Nigeria accumulated a significant foreign debt to finance major infrastructural investments. With the fall of oil prices during the 1980s oil glut Nigeria struggled to keep up with its loan payments and eventually defaulted on its principal debt repayments, limiting repayment to the interest portion of the loans. Arrears and penalty interest accumulated on the unpaid principal which increased the size of the debt.

However, after negotiations by the Nigeria authorities, in October 2005 Nigeria and its Paris Club creditors reached an agreement in which Nigeria repurchased its debt at a discount of approximately 60%. Nigeria used part of its oil profits to pay the residual 40%, freeing up at least $1.15 billion annually for poverty reduction programmes. Nigeria made history in April 2006 by becoming the first African Country to completely pay off its debt (estimated $30 billion) owed to the Paris Club.

Nigeria is the 12th largest producer of petroleum in the world and the 8th largest exporter, and has the 10th largest proven reserves. (The country joined OPEC in 1971). Petroleum plays a large role in the Nigerian economy, accounting for 40% of GDP and 80% of Government earnings. However, agitation for better resource control in the Niger Delta, its main oil producing region, has led to disruptions in oil production and currently prevents the country from exporting at 100% capacity.

Nigeria has one of the fastest growing telecommunications markets in the world, major emerging market operators (like MTN, Etisalat, Zain and Globacom) basing their largest and most profitable centres in the country. The government has recently begun expanding this infrastructure to space based communications. Nigeria has a space satellite which is monitored at the Nigerian National Space Research and Development Agency Headquarters in Abuja.

The country has a highly developed financial services sector, with a mix of local and international banks, asset management companies, brokerage houses, insurance companies and brokers, private equity funds and investment banks.

Nigeria also has a wide array of underexploited mineral resources which include natural gas, coal, bauxite, tantalite, gold, tin, iron ore, limestone, niobium, lead and zinc. Despite huge deposits of these natural resources, the mining industry in Nigeria is still in its infancy.

Agriculture used to be the principal foreign exchange earner of Nigeria. At one time, Nigeria was the world's largest exporter of groundnuts, cocoa, and palm oil and a significant producer of coconuts, citrus fruits, maize, pearl millet, cassava, yams and sugar cane. About 60% of Nigerians work in the agricultural sector, and Nigeria has vast areas of underutilized arable land.

It also has a manufacturing industry which includes leather and textiles (centred Kano, Abeokuta, Onitsha, and Lagos), car manufacturing (for the French car manufacturer Peugeot as well as for the English truck manufacturer Bedford, now a subsidiary of General Motors), t-shirts, plastics and processed food.

The country has recently made considerable amount of revenue from home made Nigerian Movies which are sold locally and Internationally. These movies are popular in other African countries and among African immigrants in Europe.

Norway

EUROPE

The Kingdom of Norway traces the rugged western coast of Scandinavia. Settlements are largely restricted to southern and coastal areas. Vast oil and natural gas revenues bring prosperity.

OFFICIAL NAME: Kingdom of Norway
DATE OF FORMATION: 1905
CAPITAL: Oslo
POPULATION: 4.98 million
TOTAL AREA: 125,181 sq. miles (324,220 sq. km)
DENSITY: 41 people per sq. mile
LANGUAGES: Norwegian* (Bokmål and Nynorsk), Sámi
RELIGIONS: Evangelical Lutheran 89%, other 10%, Roman Catholic 1%
ETHNIC MIX: Norwegian 93%, other 6%, Sámi 1%
GOVERNMENT: Parliamentary system
CURRENCY: Norwegian krone = 100 øre

Geography

Norway comprises the western part of Scandinavia in Northern Europe. The rugged coastline, broken by huge fjords and thousands of islands, stretches 25,000 kilometres (16,000 mi) and 83,000 kilometres (52,000 mi) including fjords and islands. Norway shares a 1,619-kilometre (1,006 mi) land border with Sweden, 727 kilometres (452 mi) with Finland and 196 kilometres (122 mi) with Russia at the east. To the north, west and south, Norway is bordered by the Barents Sea, the Norwegian Sea, the North Sea and Skagerrak.

At 385,252 square kilometres (148,747 sq mi) (including Svalbard and Jan Mayen), (and 323,802 square kilometres (125,021 sq mi) without) much of the country is dominated by mountainous or high terrain, with a great variety of natural features caused by prehistoric glaciers and varied topography. The most noticeable of these are the fjords: deep grooves cut into the land flooded by the sea following the end of the Ice Age. The longest is Sognefjorden at 204 kilometres (127 mi). Sognefjorden is the world's second deepest fjord, and the world's longest. Hornindalsvatnet is the deepest lake in all Europe. Frozen ground all year can be found in the higher mountain areas and in the interior of Finnmark county. Numerous glaciers are found in Norway.

Norway lies between latitudes 57° and 81° N, and longitudes 4° and 32° E.

The land is mostly made of hard granite and gneiss rock, but slate, sandstone and limestone are also common, and the lowest elevations contain marine deposits. Because of the Gulf Stream and prevailing westerlies, Norway experiences higher temperatures and more precipitation than expected at such northern latitudes, especially along the coast. The mainland experiences four distinct seasons, with colder winters and less precipitation inland. The northernmost part has a mostly maritime Subarctic climate, while Svalbard has an Arctic tundra climate.

Because of the large latitudinal range of the country and the varied topography and climate, Norway has a larger number of different habitats than almost any other European country. There are approximately 60,000 species in Norway and adjacent waters (excluding bacteria and virus). The Norwegian Shelf large marine ecosystem is considered highly productive.

Climate

The southern and western parts of Norway experience more precipitation and have milder winters than the southeastern part. The lowlands around Oslo have the warmest and sunniest summers but also cold weather and snow in wintertime (especially inland).

Because of Norway's high latitude, there are large seasonal variations in daylight. From late May to late July, the sun never completely descends beneath the horizon in areas north of the Arctic Circle (hence Norway's description as the "Land of the Midnight Sun"), and the rest of the country experiences up to 20 hours of daylight per day. Conversely, from late November to late January, the sun never rises above the horizon in the north, and daylight hours are very short in the rest of the country.

People & Society

Fairly homogeneous; influx of refugees from 1990s Bosnian conflict. Strong family tradition despite high divorce rate. Fair-minded consensus promotes female equality, boosted by the generous childcare provision. Wealth is more evenly distributed than in most developed countries. Voted not to join EU in 1994.

Economy

Norwegians enjoy the second highest GDP per-capita (after Luxembourg) and fourth highest GDP (PPP) per-capita in the world. Today, Norway ranks as the second wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation. According to the CIA World Factbook, Norway is a net external creditor of debt. Norway maintained first place in the world in the UNDP Human Development Index (HDI) for six consecutive years (2001–2006), and then reclaimed this position in 2009 and 2010. Cost of living is about 90% higher in Norway than in the United States and 50% higher than the United Kingdom. The standard of living in Norway is among the highest in the world. Foreign Policy Magazine ranks Norway last in its Failed States Index for 2009, judging Norway to be the world's most well-functioning and stable country. Continued oil and gas exports coupled with a healthy economy and substantial accumulated wealth lead to a conclusion that Norway will remain among the richest countries in the world in the foreseeable future.

The Norwegian economy is an example of a mixed economy, a prosperous capitalist welfare state featuring a combination of free market activity and large state ownership in certain key sectors. The Norwegian welfare state makes public health care free (above a certain level), and parents have 46 weeks paid parental leave. The income that the state receives from natural resources includes a significant contribution from petroleum production and the substantial and carefully managed income related to this sector. Norway has a very low unemployment rate, currently 3.1%. 30% of the labour force are employed by the government, the highest in the OECD. 22% are on welfare and 13% are too disabled to work, the highest proportions in the world. The hourly productivity levels, as well as average hourly wages in Norway are among the highest in the world. The egalitarian values of the Norwegian society ensure that the wage difference between the lowest paid worker and the CEO of most companies is much smaller than in comparable western economies. This is also evident in Norway's low Gini coefficient. The state has large ownership positions in key industrial sectors, such as the strategic petroleum sector (Statoil and Aker Solutions), hydroelectric energy production (Statkraft), aluminium production (Norsk Hydro), the largest Norwegian bank (DnB NOR), and telecommunication provider (Telenor). Through these big companies, the government controls approximately 30% of the stock values at the Oslo Stock Exchange. When non-listed companies are included, the state has even higher share in ownership (mainly from direct oil license ownership). Norway is a major shipping nation and has the world's 6th largest merchant fleet, with 1,412 Norwegian-owned merchant vessels.

Referendums in 1972 and 1994 indicated that the Norwegian people wished to remain outside the European Union (EU). However, Norway, together with Iceland and Liechtenstein, participates in the European Union's single market via the European Economic Area (EEA) agreement. The EEA Treaty between the European Union countries and the EFTA countries– transposed into Norwegian law via "EØS-loven"– describes the procedures for implementing European Union rules in Norway and the other EFTA countries. This makes Norway a highly integrated member of most sectors of the EU internal market. However, some sectors, such as agriculture, oil and fish, are not wholly covered by the EEA Treaty. Norway has also acceded to the Schengen Agreement and several other intergovernmental agreements between the EU member states.

The country is richly endowed with natural resources including petroleum, hydropower, fish, forests, and minerals. Large reserves of petroleum and natural gas were discovered in the 1960s, which led to a boom in the economy. Norway has obtained one of the highest standards of living in the world in part by having a large amount of natural resources compared to the size of the population. In 2011, 28% of state revenues were generated from the petroleum industry.

Export revenues from oil and gas have risen to 45% of total exports and constitute more than 20% of the GDP. Norway is the fifth largest oil exporter and third largest gas exporter in the world, but it is not a member of OPEC. To reduce over-heating in economy from oil revenues and minimize uncertainty from volatility in oil price, and to provide a cushion for the effect of aging of the population, the Norwegian government in 1995 established the sovereign wealth fund ("Government Pension Fund — Global"), which would be funded with oil revenues, including taxes, dividends, sales revenues and licensing fees.

The government controls its petroleum resources through a combination of state ownership in major operators in the oil fields (with approximately 62% ownership in Statoil in 2007) and the fully state-owned Petoro, which has a market value of about twice Statoil, and SDFI. Finally, the government controls licensing of exploration and production of fields. The fund invests in developed financial markets outside Norway. The budgetary rule ("Handlingsregelen") is to spend no more than 4% of the fund each year (assumed to be the normal yield from the fund).

By January 2006, the Government Pension Fund of Norway controlled assets valued at US$200 billion. During the first half of 2007, the pension fund became the largest fund in Europe, with assets of about US$300 billion (equivalent to over US$62,000 per capita). The savings equal the Norwegian GDP and are the largest capital reserve per capita of any nation as of April 2007. Projections indicate that the Norwegian pension fund may become the largest capital fund in the world. Currently it is the second-largest state-owned sovereign wealth fund, second only to the Abu Dhabi Investment Authority; Conservative estimates tell that the fund may reach US$800–900 billion by 2017. As of March 2011, the size of the fund is approximately US$570 billion. To help understand the scale of this amount, it could finance the US Space Shuttle program more than 3 times over, from its start in the 1970s until 2008 (according to shuttle program cost estimates by Roger J. Pielke, 2008). The fund controls approximately 1.25% of all listed shares in Europe and more than 1% of all the publicly traded shares in the world. The Norwegian Central Bank operates investment offices in London, New York and Shanghai. New guidelines (implemented in 2007) allow the fund to invest up to 60% of the capital in shares (maximum of 40% prior), while the rest may be placed in bonds and real-estate. As the stock markets tumbled in September 2008, the fund was able to buy more shares at low prices. In this way, the losses incurred by the market turmoil was recuperated by November 2009.

Other natural resource-based economies, such as Russia, are trying to learn from Norway by establishing similar funds. The investment choices of the Norwegian fund are directed by ethical guidelines; for example, the fund is not allowed to invest in companies that produce parts for nuclear weapons. The highly transparent investment scheme is lauded by the international community.

The future size of the fund is of course closely linked to the price of oil and to developments in international financial markets. The Norwegian trade surplus for 2008 reached approximately US$80 billion. With an enormous amount of cash invested in international financial markets, Norway has financial muscles to avert many of the worst effects of the financial crisis that hit most countries in the fall of 2008. As most western countries struggle with burgeoning foreign debt, Norway remains a nation of stowed-away wealth, financial stability and economic power to meet the challenges of the worldwide economic crisis. In spite of the crisis, Norway still runs a 9% state budget surplus, being the only western country to run a surplus as of July 2009.

In 2000, the government sold one-third of the state-owned oil company Statoil in an IPO. The next year, the main telecom supplier, Telenor, was listed on Oslo Stock Exchange. The state also owns significant shares of Norway's largest bank, DnB NOR and the airline SAS. Since 2000, economic growth has been rapid, pushing unemployment down to levels not seen since the early 1980s (unemployment in 2007: 1.3%). The international financial crisis has primarily affected the industrial sector, but unemployment has remained low and is at 3.3% (86 000 people) in August 2011. Norway is among the least affected countries of the international economic downturn. Neighbouring Sweden is experiencing substantially higher actual and projected unemployment numbers as a result of the ongoing recession, and in the 1st quarter of 2009 the GNP of Norway surpassed Sweden's for the first time in history, despite a population numbering about half of Sweden's.

Norway is also the world's second largest exporter of fish (in value, after China) and the 6th largest arms exporter in the world. Hydroelectric plants generate roughly 98–99% of Norway's electric power.

Oman

ASIA

Oman occupies a strategic position on the Arabian Peninsula, at the entrance to the Persian Gulf. It is the least developed Gulf state, despite modest oil exports.

OFFICIAL NAME: Sultanate of Oman
DATE OF FORMATION: 1951
CAPITAL: Muscat
POPULATION: 3.6 million
TOTAL AREA: 82,031 sq. miles (212,460 sq. km)
DENSITY: 35 people per sq. mile
LANGUAGES: Arabic*, Baluchi, other
RELIGIONS: Ibadi Muslim 75%, other Muslim and Hindu 25%
ETHNIC MIX: Arab 88%, Baluchi 4%, Persian 3%, Indian and Pakistani 3%, African 2%
GOVERNMENT: Monarchy
CURRENCY: Omani rial = 1000 baisa

Geography

Oman lies between latitudes 16° and 28° N, and longitudes 52° and 60° E.

A vast gravel desert plain covers most of central Oman, with mountain ranges along the north (Al Hajar Mountains) and southeast coast, where the country's main cities are also located: the capital city Muscat, Sohar and Sur in the north, and Salalah in the south. Oman's climate is hot and dry in the interior and humid along the coast. During past epochs Oman was covered by ocean, witnessed by the large numbers of fossilized shells existing in areas of the desert away from the modern coastline.

The peninsula of Musandam (Musandem) exclave, which has a strategic location on the Strait of Hormuz, is separated from the rest of Oman by the United Arab Emirates. The series of small towns known collectively as Dibba are the gateway to the Musandam peninsula on land and the fishing villages of Musandam by sea, with boats available for hire at Khasab for trips into the Musandam peninsula by sea.

Oman's other exclave, inside UAE territory, known as Madha, located halfway between the Musandam Peninsula and the main body of Oman, is part of the Musandam governorate, covering approximately 75 km^2 (29 sq mi). Madha's boundary was settled in 1969, with the north-east corner of Madha barely 10 m (32.8 ft) from the Fujairah road. Within the Madha exclave is a UAE enclave called Nahwa, belonging to the Emirate of Sharjah, situated about 8 km (5 mi) along a dirt track west of the town of New Madha, consisting of about forty houses with a clinic and telephone exchange.

Climate

Oman has a hot climate and very little rainfall. Annual rainfall in Muscat averages 100 mm (3.9 in), falling mostly in January. Dhofar is subject to the southwest monsoon, and rainfall up to 640 mm (25.2 in) has been recorded in the rainy season from late June to October. While the mountain areas receive more plentiful rainfall, some parts of the coast, particularly near the island of Masirah, sometimes receive no rain at all within the course of a year. The climate generally is very hot, with temperatures reaching 54 °C (129.2 °F) in the hot season, from May to September.

People & Society

Urban drift has seen most Omanis move to northern towns. The majority are Ibadi Muslims who follow an appointed leader, the imam. Ibadism is not opposed to freedom for women, and a few women hold positions of authority. Baluchi from Pakistan are the largest group of foreign workers.

Economy

Oman's Basic Statute of the State expresses in Article 11 that, "The National Economy is based on justice and the principles of a free economy."

Omani citizens enjoy good living standards, but the future is uncertain with Oman's limited oil reserves. Other sources of income, agriculture and industry, are small in comparison and count for less than 1% of the country's exports, but diversification is seen as a priority in the government of Oman. Agriculture, often subsistence in its character, produces dates, limes, grains and vegetables, but with less than 1% of the country under cultivation Oman is likely to remain a net importer of food.

Since the slump in oil prices in 1998, Oman has made active plans to diversify its economy and is placing a greater emphasis on other areas of industry, such as tourism.

Oman's proved reserves of petroleum total about 5.5 billion barrels, 24th largest in the world. Oil is extracted and processed by Petroleum Development Oman (PDO), with proven oil reserves holding approximately steady, although oil production has been declining. In 2009, production was estimated at 816,000 barrels per day.

Commercial export of oil began in 1967 and since Sultan Qaboos' accession to the throne in 1970, many more oil fields have been found and developed. In June 1999, PDO discovered a new oil field in southern Oman after drilling and testing three wells which demonstrated the commercial viability of the reservoir.

Work is continuing on the RO 503.876 million (US$1.3 billion) oil refinery project in Sohar, which was due to go into operation in 2006 with a 116,400 barrels per day (18,510 m3/d) refining capacity, with the short to mid-term future of Oman resting on the project. In 2004 the Oman Oil Refinery was supplied with about 78,200 barrels per day (12,430 m3/d) for refining, while PDO began using steam injection technology in several wells to increase their productivity.

Natural gas has increased greatly in importance due to the exploitation of gas fields and the opening of a processing plant at Sur, on the coast south of Muscat. Oman's natural gas reserves are estimated at 849.5 billion cubic meters, ranking 28th in the world, and production in 2008 was about 24 billion cubic meters per year.

Pakistan

ASIA

Once a part of British India, Pakistan was created in 1947 in response to demands for an independent Muslim state. In 1971, Bangladesh (former East Pakistan) became a separate state.

OFFICIAL NAME: Islamic Rep. of Pakistan
DATE OF FORMATION: 1947
CAPITAL: Islamabad
POPULATION: 177 million
TOTAL AREA: 310,401 sq. miles (803,940 sq. km)
DENSITY: 607 people per sq. mile
LANGUAGES: Punjabi, Sindhi, Pashtu, Urdu*, Baluchi, Brahui
RELIGIONS: Sunni Muslim 77%, Shi'a Muslim 20%, Hindu 2%, Christian 1%
ETHNIC MIX: Punjabi 56%, Pathan 15%, Sindhi 14%, other 8%, Mohajir 7%
GOVERNMENT: Presidential system
CURRENCY: Pakistani rupee = 100 paisa

Geography

Pakistan covers an area of 796,095 km^2 (307,374 sq mi), approximately equalling the combined land areas of France and the United Kingdom. It is the 36th largest nation by total area although this ranking varies depending on how the disputed territory of Kashmir is counted. Apart from the 1,046 km (650 mi) coastline along the Arabian Sea, Pakistan's land borders a total of 6,774 km (4,209 mi)—2,430 km (1,510 mi) with Afghanistan, 523 km (325 mi) with China, 2,912 km (1,809 mi) with India and 909 km (565 mi) with Iran. The territory it controls mostly lies between latitudes 23° and 37° N (a small area is north of 37°), and longitudes 61° and 78° E (a small area is west of 61°).

Geologically, Pakistan overlaps with the Indian tectonic plate in its Sindh and Punjab provinces, while Balochistan and most of Khyber Pakhtunkhwa lie within the Eurasian plate which mainly comprises the Iranian plateau. Gilgit-Baltistan and Azad Kashmir lie mainly in Central Asia along the edge of the Indian plate and are hence prone to violent earthquakes.

The geography of Pakistan is a blend of landscapes varying from plains to deserts, forests, hills, and plateaus ranging from the coastal areas of the Arabian Sea in the south to the mountains of the Karakoram range in the north. Pakistan is divided into three major geographic areas: the northern highlands; the Indus River plain; and the Balochistan Plateau. The northern highlands of Pakistan contain the Karakoram, Hindu Kush and Pamir mountain ranges, which incorporate some of the world's highest peaks, including K2 (8,611 m or 28,251 ft) and Nanga Parbat (8,126 m or 26,660 ft). The Balochistan Plateau lies to the West, and the Thar Desert in the East. An expanse of alluvial plains lies in Punjab and Sindh along the Indus river. The 1,609 km (1,000 mi) Indus River and its tributaries flow through the country from the Kashmir region to the Arabian Sea.

Climate

Pakistan's climate varies from tropical to temperate with arid conditions existing in the coastal south, characterised by a monsoon season with frequent flooding rainfall and a dry season with significantly lesser to no rainfall. There are four distinct seasons; a cool, dry winter from December through February; a hot, dry spring from March through May; the summer rainy season or southwest monsoon period, from June through September; and the retreating monsoon period of October and November. Rainfall can vary radically from year to year, and successive patterns of flooding and drought are common.

People & Society

Punjabis dominate government and the army. Tensions with minority groups, exacerbated by the vast gap between rich and poor. Strong family ties permeate politics and business. Relations with India are tense over Kashmir. Islamist taliban insurgency in tribal areas on Afghan border: in 2009, fighting displaced two million.

Life expectancy at birth is 63 years for females and 62 years for males as of 2006 compared to the healthy life expectancy at birth which was 54 years for males and 52 years for females in 2003. Expenditure on health was at 2% of the GDP in 2006. The mortality below 5 was at 97 per 1,000 live births in 2006. During 1990–2003, Pakistan sustained its historical lead as the most urbanised nation in South Asia, with city dwellers making up 36% of its population. Furthermore, 50% of Pakistanis now reside in towns of 5,000 people or more.

Pakistan is a multilingual country with more than sixty languages being spoken. English is the official language of Pakistan and used in official business, government, and legal contracts, and Punjabi has a plurality of native speakers. Urdu is the lingua franca and national language in Pakistan. Punjabi is the provincial language of Punjab. Saraiki is also spoken in the larger area of Punjab province. Pashto is the provincial language of Khyber Pakhtunkhwa. Sindhi is the provincial language of Sindh and Balochi is the provincial language of Balochistan.

Economy

Pakistan has a semi-industrialized economy. The growth poles of the Pakistani economy are situated along the Indus River. Diversified economies of Karachi and Punjab's urban centres, coexist with lesser developed areas in other parts of the country. Despite being a very poor country in 1947, Pakistan's economic growth rate has been better than the global average during the subsequent four decades, but imprudent policies led to a slowdown in the late 1990s.

Recently, wide-ranging economic reforms have resulted in a stronger economic outlook and accelerated growth especially in the manufacturing and financial services sectors. Since the 1990s, there has been great improvement in the foreign exchange position and rapid growth in hard currency reserves.

The 2005 estimate of foreign debt was close to US$40 billion. However, this has decreased in recent years with assistance from the International Monetary Fund and significant debt-relief from the United States. Pakistan's gross domestic product, as measured by purchasing power parity, is estimated to be $475.4 billion while its per capita income stands at $2,942. The poverty rate in Pakistan is estimated to be between 23% and 28%.

GDP growth was steady during the mid-2000s at a rate of 7%; however, slowed down during the Economic crisis of 2008 to 4.7%. A large inflation rate of 24.4% and a low savings rate, and other economic factors, continue to make it difficult to sustain a high growth rate. Pakistan's GDP is US$167 billions, which makes it the 48th-largest economy in the world or 27th largest by purchasing power adjusted exchange rates. Today, Pakistan is regarded as to having the second largest economy in South Asia.

The structure of the Pakistani economy has changed from a mainly agricultural base to a strong service base. Agriculture now only accounts for roughly 20% of the GDP, while the service sector accounts for 53% of the GDP. Significant foreign investments have been made in several areas including telecommunications, real estate and energy. Other important industries include apparel and textiles (accounting for nearly 60% of exports), food processing, chemicals manufacture, and the iron and steel industries. Pakistan's exports in 2008 amounted to $20.62 billion (USD). Pakistan is a rapidly developing country.

However, the economic crisis of 2008 led Pakistan to seek more than $100 billion in aid in order to avoid possible bankruptcy. This was never given to Pakistan and it had to depend on a more aggressive fiscal policy, backed by the IMF. A year later, Asian Development Bank reported that the Pakistan economic crisis was easing. Furthermore it is projected that in 2010 Pakistan economy would grow at least 4% and could grow more with strong international economic recovery.

Palau

AUSTRALASIA & OCEANIA

The 300-island Palau archipelago (known locally as Belau) lies in the western Pacific Ocean. It achieved independence in 1994, and is gradually reducing its aid dependence.

OFFICIAL NAME: Republic of Palau
DATE OF FORMATION: 1994
CAPITAL: Melekeok
POPULATION: 20,956
TOTAL AREA: 177 sq. miles (458 sq. km)
DENSITY: 104 people per sq. mile
LANGUAGES: Palauan*, English*, Japanese, Angaur, Tobi, Sonsorolese
RELIGIONS: Christian 66%, Modekngei 34%
ETHNIC MIX: Palauan 74%, Filipino 16%, other 6%, Chinese and other Asian 4%
GOVERNMENT: Nonparty system
CURRENCY: US dollar = 100 cents

Geography

Palau's most populous islands are Angaur, Babeldaob, Koror, and Peleliu. The latter three lie together within the same barrier reef, while Angaur is an oceanic island several miles to the south. About two-thirds of the population live on Koror. The coral atoll of Kayangel is situated north of these islands, while the uninhabited Rock Islands (about 200) are situated to the west of the main island group. A remote group of six islands, known as the Southwest Islands, some 375 miles (600 km) from the main islands, are also part of the country and make up the states of Hatohobei and Sonsorol.

Climate

Palau has a tropical climate all year round with an annual mean temperature of 82 °F (28 °C). Rainfall is heavy throughout the year, averaging a total of 150 inches (3,800 mm). The average humidity over the course of the year is 82%, and although rain falls more frequently between July and October, there is still much sunshine. Typhoons are rare, as Palau is outside the main typhoon zone.

People & Society

Native Palauans are a mix of the original Southeast Asian migrants and Pacific settlers. A modern influx from Asia has led to tension. 70% of the population lives on the island-city of Koror, prompting the construction of a new capital on Babeldaob. Native culture is preserved on outer islands despite strong influence from the US and Japan. Modekngei is a blend of Christianity and local beliefs.

The German and Japanese occupations of Palau both subsidized missionaries. Three quarters of the population are Christians (mainly Roman Catholics and Protestants), while Modekngei (a combination of Christianity, traditional Palauan religion and fortune telling) and the ancient Palauan religion are commonly observed. According to the 2005 census 49.4% of the population is Roman Catholic, 21.3% Protestant, 8.7% Modekngei and 5.3% Seventh-day Adventist. There is a small Jewish community in Palau. In 2009 it sent 3 members to the 18th Maccabiah Games. There are also approximately 400 Bengali Muslims in Palau, and recently 6 Uyghurs detained in Guantanamo Bay were allowed to settle in the island nation.

Economy

Palau's economy consists primarily of tourism, subsistence agriculture, and fishing. Tourist activity focuses on scuba diving and snorkeling in the islands' rich marine environment, including its barrier reefs walls and World War II wrecks. The government is the major employer of the work force, relying heavily on financial assistance from the US. Business and tourist arrivals numbered 50,000 in the financial year 2000/2001. The population enjoys a per capita income twice that of Micronesia. Long-term prospects for the key tourist sector have been greatly bolstered by the expansion of air travel in the Pacific, the rising prosperity of leading East Asian countries, and the willingness of foreigners to finance infrastructure development.

In July 2004, Palau Micronesia Air was launched with service from Palau to Yap, Guam, Micronesia, Saipan, Australia, and the Philippines. By offering low fares it was planned to be a competitor of Continental Micronesia, however it ceased operations in December of the same year, mainly because of rising fuel prices. Palau Micronesia Air has not restarted operations since but has made a codeshare alliance with Asian Spirit, a carrier that operated flights between Palau and the Philippines (Davao, Cebu, and Manila). There were two flights weekly from Manila via Cebu to Palau and one flight weekly from Davao. Just after few months of service, Asian Spirit ceased its Philippines to Palau route. In March 2010, Pacific Flier began providing air services to Clark, Gold Coast and Guam, however, Pacific Flier suspended operations shortly after, in August of 2010.

In Nov. 2006, the Palau Saving Bank officially announced bankruptcy. On Dec. 13th of the same year the Palau Horizon reported that there were a total of 641 depositors that had been affected by the event. Among the 641 accounts, 398 held less than $5000 USD, with the remainder ranging from $5000 to 2 million USD. On Dec. 12th, 2006, 79 of the affected people received compensation, one was Taiwanese, while the rest were Palauan, Filipino and US citizens. Mr. Toribiong said, "The fund for the payout came from the balance of Palau government's loan from Taiwan." From a total of $ 1 million USD, which originally was for assisting Palau's development, there was $955,000 USD left at the time of bankruptcy. For the $955 thousand, Toribiong requested the Taiwanese government use it to repay its loans. Taiwan agreed to the request. The compensation will start its paying to depositor, who held less than $4,000 USD in the account.

Taxes are moderate, the income tax has 3 brackets with medium rates (9.3%, 15% and 19.6%), corporate tax is 4% and general sales tax is 7.5%. There are no property taxes.

Panama

NORTH & CENTRAL AMERICA

Panama is the southernmost country in Central America. The colossal Panama Canal (which was under US control until 2000) links the Pacific and Atlantic oceans.

OFFICIAL NAME: Republic of Panama
DATE OF FORMATION: 1903
CAPITAL: Panama City
POPULATION: 3.4 million
TOTAL AREA: 30,193 sq. miles (78,200 sq. km)
DENSITY: 118 people per sq. mile
LANGUAGES: English Creole, Spanish*, Amerindian and Chibchan languages
RELIGIONS: Roman Catholic 86%, other 8%, Protestant 6%
ETHNIC MIX: Mestizo 60%, White 14%, Black 12%, Amerindian 8%, other 6%
GOVERNMENT: Presidential system
CURRENCY: Balboa = 100 centésimos

Geography

Panama is located in Central America, bordering both the Caribbean Sea and the Pacific Ocean, between Colombia and Costa Rica. It mostly lies between latitudes 7° and 10°N, and longitudes 77° and 83°W (a small area lies west of 83°). Some people consider the territory east of the Panama Canal as part of South America, although this is rare. Its location on the Isthmus of Panama is strategic. By 2000, Panama controlled the Panama Canal which connects the Atlantic Ocean and the Caribbean Sea to the North of the Pacific Ocean. Panama, at 75,515 km^2, is ranked 118th worldwide on the basis of land size. For comparison, Panama is slightly smaller than the U.S. state of South Carolina or slightly larger than the Canadian province of New Brunswick.

The dominant feature of the country's landform is the central spine of mountains and hills that forms the continental divide. The divide does not form part of the great mountain chains of North America, and only near the Colombian border are there highlands related to the Andean system of South America. The spine that forms the divide is the highly eroded arch of an uplift from the sea bottom, in which peaks were formed by volcanic intrusions.

The mountain range of the divide is called the Cordillera de Talamanca near the Costa Rican border. Farther east it becomes the Serranía de Tabasará, and the portion of it closer to the lower saddle of the isthmus, where the canal is located, is often called the Sierra de Veraguas. As a whole, the range between Costa Rica and the canal is generally referred to by geographers as the Cordillera Central.

The highest point in the country is the Volcán Barú (formerly known as the Volcán de Chiriquí), which rises to 3,475 metres (11,401 ft). A nearly impenetrable jungle forms the Darien Gap between Panama and Colombia where Colombian guerrilla and drug dealers are operating with hostage-taking. This and forest protection movements create a break in the Pan-American Highway, which otherwise forms a complete road from Alaska to Patagonia.

Panama's wildlife holds the most diversity of all the countries in Central America. It is home to many South American species as well as North American wildlife.

Climate

Panama has a tropical climate. Temperatures are uniformly high—as is the relative humidity—and there is little seasonal variation. Diurnal ranges are low; on a typical dry-season day in the capital city, the early morning minimum may be 24 °C (75.2 °F) and the afternoon maximum 30 °C (86.0 °F). The temperature seldom exceeds 32 °C (89.6 °F) for more than a short time. Temperatures on the Pacific side of the isthmus are somewhat lower than on the Caribbean, and breezes tend to rise after dusk in most parts of the country. Temperatures are markedly cooler in the higher parts of the mountain ranges, and frosts occur in the Cordillera de Talamanca in western Panama.

Climatic regions are determined less on the basis of temperature than on rainfall, which varies regionally from less than 1,300 millimeters (51.2 in) to more than 3,000 millimeters (118.1 in) per year. Almost all of the rain falls during the rainy season, which is usually from April to December, but varies in length from seven to nine months. In general, rainfall is much heavier on the Caribbean than on the Pacific side of the continental divide. The annual average in Panama City is little more than half of that in Colón. Although rainy-season thunderstorms are common, the country is outside of the hurricane belt.

Panama's tropical environment supports an abundance of plants. Forests dominate, interrupted in places by grasslands, scrub, and crops. Although nearly 40 percent of Panama is still wooded, deforestation is a continuing threat to the rain-drenched woodlands. Tree cover has been reduced by more than 50 percent since the 1940s. Subsistence farming, widely practiced from the northeastern jungles to the southwestern grasslands, consists largely of corn, bean, and tuber plots. Mangrove swamps occur along parts of both coasts, with banana plantations occupying deltas near Costa Rica. In many places, a multi-canopied rain forest abuts the swamp on one side of the country and extends to the lower reaches of slopes in the other.

People & Society

A multiethnic society, dominated by people of Spanish origin. Amerindians live in remote areas. The Panama Canal and former US military bases (the last of which closed in 1999) have given society a cosmopolitan outlook, but Catholicism and the extended family remain strong. Crime is high; money-laundering, narcotics trafficking, and corruption are rife.

The culture, customs, and language of the Panamanians are predominantly Caribbean and Spanish. Spanish is the official and dominant language. About 93% speak Spanish as their first language, though there are many citizens who speak both English and Spanish or native languages, such as Ngäbere. Some new statistics show that as second language, English is spoken by an 8%, French by a 4% and Arabic by 1%. The private educational system also offers German, Portuguese and Italian as languages that are available to learn.

Panama, because of its historical reliance on commerce, is above all an ethnic salad bowl. This is shown, for instance, by its considerable population of Afro-Antillean and Chinese origin. The first Chinese immigrated to Panama from southern China to help build the Panama Railroad in the 19th century. They were followed by several waves of immigrants whose descendants number around 50,000. Starting in the 1970s, a further 80,000 have immigrated from other parts of China as well.

Afro-Panamanians have played a significant role in the creation of the republic. Some historians have estimated that up to 50% of the population of Panama has some African ancestry. The descendants of the Africans who arrived during the colonial era are intermixed in the general population or are found in small Afro-Panamanian communities along the Atlantic Coast and in villages within the Darién jungle. Most of the people in Darien are fishermen or small scale farmers growing crops such as bananas, rice and coffee as well as raising livestock. Other Afro-Panamanians are the descendants of later migrants from the Caribbean who came to work on railroad construction projects, commercial agricultural enterprises, and especially the canal. Important Afro-Caribbean community areas include towns and cities such as Colon, Cristobal and Balboa, in the former Canal Zone, as well as the Rio Abajo area of Panama City. Another region with a large Afro-Caribbean population is the province of Bocas del Toro on the Caribbean coast just south of Costa Rica.

Most of the Panamanian population of West Indian descent owe their presence in the country to the monumental efforts to build the Panama Canal in the late 19th and early 20th centuries. Three-quarters of the 50,000 workers who built the canal were Afro Caribbean migrants from the British West Indies. Thousands of Afro-Caribbean workers were recruited from Jamaica, Barbados and Trinidad.

Economy

According to the CIA World Factbook, Panama has an unemployment rate of 7%. A food surplus was registered in August 2008. On the Human Development Index Panama was ranked at number 60 (2008). In recent years, Panama's economy has experienced an economic boom, with growth in real gross domestic product (GDP) averaging over 10.4% from 2006–2008. The Panamanian economy has been among the fastest growing and best managed in Latin America. Latin Business Chronicle has predicted that Panama will be the fastest growing economy in Latin America in the five-year period 2010–14, matching Brazil's 10% rate.

Like most countries in the region, Panama is feeling the impact of the global financial crisis, which threatens to undermine the social gains made in the past few years.

The expansion project of the Panama Canal, combined with the conclusion of a free trade agreement with the United States, is expected to boost and extend economic expansion for some time. This presents a historic opportunity to make further progress in reducing persistent poverty and income inequality.

Despite Panama's status as an upper-middle income nation – as measured by per capita GDP – it remains a country of stark contrasts. Perpetuated by dramatic educational disparities, over one-third of Panama's population lived in poverty in 2008 and 14.4% in extreme poverty.

Panama's economy, because of its key geographic location, is mainly based on a well developed service sector heavily weighted towards banking, commerce, tourism, trading. The handover of the Canal and military installations by the United States has given rise to large construction projects. A referendum regarding the building of a third set of locks for the Panama Canal was approved overwhelmingly (with low voter turnout, however) on 22 October 2006.

The official estimated cost of the building of the third set of locks is US$5.25 billion. The canal is of major economic importance since it pumps millions of dollars from toll revenue to the national economy and provides massive employment. The United States had a monopoly over the Panama Canal for 85 years but the Torrijos-Carter Treaties signed in 1977 began the process of returning the canal to the Panamanian government by 1999.

Copper and gold deposits are being developed by foreign investors.

ourism in the Republic of Panama kept its growth during the past 5 years due to the government offering tax and price discounts to foreign guests and retirees. These economic incentives caused Panama to be regarded as a relatively good place to retire in the world. Real estate developers in Panama have increased the amount of tourism destinations in the past five years because of the interest for these visitor incentives. The amount of tourists arriving between January and September 2008 totalled 1,110,000. This was a significant increase of 13.1% (128,452) over the previous high of 982,640 during the same period in 2007.

The arrival of tourists from Europe to Panama grew by 23.1% during the first nine months of 2008. According to the Tourism Authority of Panama (ATP), between January and September, 71,154 tourists from the Old Continent entered the country that is 13,373 more than figures for same period last year. Most of the Europeans who have visited Panama were Spaniards (14,820), followed by Italians (13,216), French (10,174) and British (8,833). From Germany, the most populous country in the European Union, 6997 tourists arrived. Europe has become one of the key markets to promote Panama as a tourist destination.

In 2007, 1.445.5 million entered into the Panamanian economy as a result of tourism. This accounted for 9.5% of gross domestic product in the country, surpassing other productive sectors.

Panama's Law No. 9 is still the most modern and comprehensive law for the promotion of tourism investment in Latin America and the Caribbean. In so-called Special Tourism Zones, Law 8 offers incentives such as 100% exemption from income tax, real estate tax, import duties for construction materials and equipment, and other taxes. Panama has declared different parts of the country as Special Tourism Zones which are benefited with multiple tax exemptions and tax holidays.

Papua New Guinea

AUSTRALASIA & OCEANIA

A former Australian colony, Papua New Guinea (PNG) occupies the eastern section of the island of New Guinea and several other island groups. Much of the country is isolated.

OFFICIAL NAME: Independent State of Papua New Guinea
DATE OF FORMATION: 1975
CAPITAL: Port Moresby
POPULATION: 6.73 million
TOTAL AREA: 178,703 sq. miles (462,840 sq. km)
DENSITY: 39 people per sq. mile
LANGUAGES: Pidgin English, Papuan, English*, Motu, c.800 native languages
RELIGIONS: Protestant 60%, Roman Catholic 37%, other 3%
ETHNIC MIX: Melanesian and mixed 100%
GOVERNMENT: Parliamentary system
CURRENCY: Kina = 100 toea

Geography

At 462,840 km^2 (178,704 sq mi), Papua New Guinea is the world's fifty-fourth largest country. Including all its islands, it lies between latitudes 0° and 12°S, and longitudes 140° and 160°E.

The country's geography is diverse and, in places, extremely rugged. A spine of mountains, the New Guinea Highlands, runs the length of the island of New Guinea, forming a populous highlands region mostly covered with tropical rainforest. Dense rainforests can be found in the lowland and coastal areas as well as very large wetland areas surrounding the Sepik and Fly rivers. This terrain has made it difficult for the country to develop transportation infrastructure. In some areas, airplanes are the only mode of transport. The highest peak is Mount Wilhelm at 4,509 metres (14,793 ft). Papua New Guinea is surrounded by coral reefs which are under close watch to preserve them.

The country is situated on the Pacific Ring of Fire, at the point of collision of several tectonic plates. There are a number of active volcanoes, and eruptions are frequent. Earthquakes are relatively common, sometimes accompanied by tsunamis.

The mainland of the country is the eastern half of New Guinea island, where the largest towns are also located, including the capital Port Moresby and Lae; other major islands within Papua New Guinea include New Ireland, New Britain, Manus and Bougainville.

Papua New Guinea is one of the few regions close to the equator that experience snowfall, which occurs in the most elevated parts of the mainland.

Climate

Hot and humid in lowlands, cooling toward highlands, where snow can fall on highest peaks.

People & Society

Papua New Guinea is one of the most heterogeneous nations in the world. There are hundreds of ethnic groups indigenous to Papua New Guinea, the majority being from the group known as Papuans, whose ancestors arrived in the New Guinea region tens of thousands of years ago. Many remote Papuan tribes still have only marginal contact with the outside world.

The others are Austronesians, their ancestors having arrived in the region less than four thousand years ago. There are also numerous people from other parts of the world now resident, including Chinese, Europeans, Australians, Filipinos, Polynesians and Micronesians. At the brink of Papuan independence in 1975, there were 40,000 expatriates (mostly Australian and Chinese) in Papua New Guinea.

Papua New Guinea has more languages than any other country, with over 820 indigenous languages, representing twelve percent of the world's total, but most have fewer than 1,000 speakers. The most widely-spoken indigenous language is Enga with about 200,000 speakers, followed by Melpa and Huli. Indigenous languages are classified into two large groups: Austronesian languages and non-Austronesian (or Papuan languages). There are three official languages for Papua New Guinea. English is an official language and is the language of government and the education system, but it is not widely spoken.

Economy

Papua New Guinea is richly endowed with natural resources, but access has been hampered by rugged terrain, the high cost of developing infrastructure, serious law and order problems, and the system of land title which makes identifying the owners of land for the purpose of negotiating appropriate agreements problematic. Agriculture provides a livelihood for 85% of the population. Mineral deposits, including oil, copper, and gold, account for 72% of export earnings. The country also has a notable coffee industry and other crops include cocoa, oil palm and tea.

Former Prime Minister Sir Mekere Morauta tried to restore integrity to state institutions, stabilize the kina, restore stability to the national budget, privatize public enterprises where appropriate, and ensure ongoing peace on Bougainville following the 1997 agreement which ended Bougainville's secessionist unrest. The Morauta government had considerable success in attracting international support, specifically gaining the backing of the IMF and the World Bank in securing development assistance loans. Significant challenges face the current Prime Minister Sir Michael Somare, including gaining further investor confidence, continuing efforts to privatize government assets, and maintaining the support of members of Parliament.

In March 2006 the United Nations Development Programme Policy called for Papua New Guinea's designation of developing country to be downgraded to least-developed country because of protracted economic and social stagnation. However, an evaluation by the International Monetary Fund in late 2008 found that "a combination of prudent fiscal and monetary policies, and high global prices for mineral commodity exports, have underpinned Papua New Guinea's recent buoyant economic growth and macroeconomic stability. Real GDP growth, at over 6% in 2007, was broad-based and is expected to continue to be strong in 2008."

The PNG legislature has enacted various laws in which a type of tenure called "customary land title" is recognised, meaning that the traditional lands of the indigenous peoples have some legal basis to inalienable tenure. This customary land notionally covers most of the usable land in the country (some 97% of total land area); alienated land is either held privately under State Lease or is government land. Freehold Title (also known as fee simple) can only be held by Papua New Guinea citizens.

Only some 3% of the land of Papua New Guinea is in private hands; it is privately held under 99 year state lease, or it is held by the state. There is virtually no freehold title; the few existing freeholds are automatically converted to state lease when they are transferred between vendor and purchaser. Unalienated land is owned under customary title by traditional landowners. The precise nature of the seisin varies from one culture to another. Many writers portray land as in the communal ownership of traditional clans; however, closer studies usually show that the smallest portions of land whose ownership cannot be further divided are held by the individual heads of extended families and their descendants, or their descendants alone if they have recently died.

This is a matter of vital importance because a problem of economic development is identifying the membership of customary landowning groups and the owners. Disputes between mining and forestry companies and landowner groups often devolve on the issue of whether the companies entered into contractual relations for the use of land with the true owners. Customary property – usually land – cannot be devised by will; it can only be inherited according to the custom of the deceased's people.

Paraguay

SOUTH AMERICA

Landlocked in central South America, and once a Spanish colony, Paraguay's postindependence history has included periods of military rule. Free elections were held in 1993.

OFFICIAL NAME: Republic of Paraguay
DATE OF FORMATION: 1811
CAPITAL: Asunción
POPULATION: 6.46 million
TOTAL AREA: 157,046 sq. miles (406,750 sq. km)
DENSITY: 41 people per sq. mile
LANGUAGES: Guaraní*, Spanish*, German
RELIGIONS: Roman Catholic 96%, Protestant (including Mennonite) 4%
ETHNIC MIX: Mestizo 91%, other 7%, Amerindian 2%
GOVERNMENT: Presidential system
CURRENCY: Guaraní = 100 céntimos

Geography

Paraguay is a landlocked country in South America, bordering Brazil, Argentina and Bolivia. The Paraguay River (Spanish: Río Paraguay) divides the country into strikingly different eastern and western regions. Both the eastern region (officially called Eastern Paraguay, Paraguay Oriental, and known as the Paraneña region) and the western region (officially Western Paraguay, Paraguay Occidental, and known as the Chaco) gently slope toward and are drained into the Paraguay River, which separates and unifies the two regions. With the Paraneña region reaching southward and the Chaco extending to the north, Paraguay straddles the Tropic of Capricorn and experiences both subtropical and tropical climates.

Paraguay borders on three substantially larger countries: Bolivia, Argentina, and Brazil. The northwestern boundary with Bolivia, extending through the low hills of the Chaco region, was set in 1938. The boundary between the Chaco and Brazil was defined in 1927; it continues from the confluence of the Apa River (Río Apa) and Paraguay River northward along the course of the Río Paraguay to the border with Bolivia. The northern border of the Paraneña region, set in 1872, follows the course of the Paraná River (Río Paraná), the ridges of the mountains in the northeast region, and finally the course of the Apa River until it empties into the Paraguay River. Paraguay's southern border with Argentina comprises the Pilcomayo River (Río Pilcomayo), Paraná River, and Paraguay River. Argentina and Paraguay agreed on these boundaries in 1876.

Climate

Paraguay experiences a subtropical climate in the Paraneña region and a tropical climate in the Chaco. The Paraneña region has a humid climate, with abundant precipitation throughout the year and only moderate seasonal changes in temperature. During the Southern Hemisphere's summer, which corresponds to the northern winter, the dominant influence on the climate is the warm sirocco winds blowing out of the northeast. During the winter, the dominant wind is the cold pampero from the South Atlantic, which blows across Argentina and is deflected northeastward by the Andes in the southern part of that country. Because of the lack of topographic barriers within Paraguay, these opposite prevailing winds bring about abrupt and irregular changes in the usually moderate weather. Winds are generally brisk. Velocities of 160 kilometers per hour (99 mph) have been reported in southern locations, and the town of Encarnación was once leveled by a tornado.

The Paraneña region has only two distinct seasons: summer from October to March and winter from May to August. April and September are transitional months in which temperatures are below the midsummer averages and minimums may dip below freezing. Climatically, autumn and spring do not really exist. During the mild winters, July is the coldest month, with a mean temperature of about 18 °C (64.4 °F) in Asunción and 17 °C (62.6 °F) on the Paraná Plateau. There is no significant north-south variation. The number of days with temperatures falling below freezing ranges from as few as three to as many as sixteen yearly, and with even wider variations deep in the interior. Some winters are very mild, with winds blowing constantly from the north, and little frost. During a cold winter, however, tongues of Antarctic air bring subfreezing temperatures to all areas. No part of the Paraneña region is entirely free from the possibility of frost and consequent damage to crops, and snow flurries have been reported in various locations.

Moist tropical air keeps the weather warm in the Paraneña region from October through March. In Asunción the seasonal average is about 24 °C (75.2 °F), with January—the warmest month—averaging 29 °C (84.2 °F). Villarrica has a seasonal mean temperature of 21 °C (69.8 °F) and a January mean of 27 °C (80.6 °F). During the summer, daytime temperatures reaching 38 °C (100.4 °F) are fairly common. Frequent waves of cool air from the south, however, cause weather that alternates between clear, humid conditions and storms. Skies will be almost cloudless for a week to ten days as temperature and humidity rise continually. As the soggy heat nears intolerable limits, thunderstorms preceding a cold front will blow in from the south, and temperatures will drop as much as 15 °C (27.0 °F) in a few minutes.

Rainfall in the Paraneña region is fairly evenly distributed. Although local meteorological conditions play a contributing role, rain usually falls when tropical air masses are dominant. The least rain falls in August, when averages in various parts of the region range from 200 to 100 millimeters (7.9 to 3.9 in). The two periods of maximum precipitation are March through May and October to November.

For the region as a whole, the difference between the driest and the wettest months ranges from 100 to 180 millimeters (3.9 to 7.1 in). The annual average rainfall is 1,270 millimeters (50 in), although the average on the Paraná Plateau is 250 to 380 millimeters (9.8 to 15.0 in) greater. All subregions may experience considerable variations from year to year. Asunción has recorded as much as 208 millimeters (8.2 in) and as little as 560 millimeters (22 in) of annual rainfall; Puerto Bertoni on the Paraná Plateau has recorded as much as 3,300 millimeters (129.9 in) and as little as 790 millimeters (31.1 in).

In contrast to the Paraneña region, the Chaco has a tropical wet-and-dry climate bordering on semi-arid. The Chaco experiences seasons that alternately flood and parch the land, yet seasonal variations in temperature are modest. Chaco temperatures are usually high, the averages dropping only slightly in winter. Even at night the air is stifling despite the usually present breezes. Rainfall is light, varying from 500 to 1,000 millimeters (19.7 to 39.4 in) per year, except in the higher land to the northwest where it is somewhat greater. Rainfall is concentrated in the summer months, and extensive areas that are deserts in winter become summer swamps.

People & Society

Population mainly of mixed Spanish and native Guaraní origin. Most people are bilingual, though in rural areas Guaraní is more widely used. Cattle ranchers populate the Chaco, along with communities of the German-origin Mennonite Church. The army is politically active.

Literacy was about 93.6% and 87.7% of Paraguayans finish the 5th grade according to UNESCO's last Educational Development Index 2008. Literacy does not differ much by gender. A more recent study reveals that the assistance to primary school of children between 6 and 12 years old is about 98%. Primary education is free, mandatory and takes nine years. Secondary education takes three years. Paraguay has several universities. The National University of Asunción was founded in 1889, and the Universidad Americana. Also, the Universidad catolica, run by the church. The net primary enrollment rate was at 88% in 2005. Public expenditure on education was about 4.3 % of GDP in the early 2000s.

Economy

Landlocked Paraguay has a market economy distinguished by a large informal sector, featuring re-export of imported consumer goods to neighboring countries, as well as the activities of thousands of microenterprises and urban street vendors. Between 1970 and 2009 the country had the highest economic growth of South America, with an average rate of 7.2% per year and the prospect of 9% annual growth from 2010, being the highest in South America. The country also boasts the third most important free commercial zone in the world: Ciudad del Este, trailing behind Miami and Hong Kong. A large percentage of the population, especially in rural areas, derives its living from agricultural activity, often on a subsistence basis. Because of the importance of the informal sector, accurate economic measures are difficult to obtain. On a per capita basis, real income has stagnated at 1980 levels. The economy grew rapidly between 2003 and 2008 as growing world demand for commodities combined with high prices and favorable weather to support Paraguay's commodity-based export expansion. Paraguay is the sixth largest soy producer in the world. Drought hit in 2008, reducing agricultural exports and slowing the economy even before the onset of the global recession.

In 2010, Paraguay is currently experiencing the greatest economical expansion of the zone and the highest of South America, with a GDP growth rate of 14.5% for by the end of the year.

The industrial sector produces about 25% of Paraguay's gross domestic product (GDP) and employs about 31% of the labor force. Output grew by 2.9% in 2004, after five years of declining production. Traditionally an agricultural economy, Paraguay is showing some signs of long-term industrial growth.

The pharmaceutical industry is quickly supplanting foreign suppliers in meeting the country's drug needs. Paraguayan companies now meet 70% of domestic consumption and have begun to export drugs. Strong growth also is evident in the production of edible oils, garments, organic sugar, meat processing, and steel.

Nevertheless, capital for further investment in the industrial sector of the economy is scarce. Following the revelation of widespread financial corruption in the 1990s, the government is still working to improve credit options for Paraguayan businesses. In 2003, manufacturing made up 13.6% of the GDP, and the sector employed about 11% of the working population in 2000. Paraguay's primary manufacturing focus is on food and beverages. Wood products, paper products, hides and furs, and non-metallic mineral products also contribute to manufacturing totals. Steady growth in the manufacturing GDP during the 1990s (1.2% annually) laid the foundation for 2002 and 2003, when the annual growth rate rose to 2.5%.

Peru

SOUTH AMERICA

Once the heart of the Inca Empire, before the Spanish conquest in the 16th century, Peru lies on the Pacific coast of South America, just south of the equator.

OFFICIAL NAME: Republic of Peru
DATE OF FORMATION: 1824
CAPITAL: Lima
POPULATION: 29.49 million
TOTAL AREA: 496,223 sq. miles (1,285,200 sq. km)
DENSITY: 59 people per sq. mile
LANGUAGES: Spanish*, Quechua*, Aymara
RELIGIONS: Roman Catholic 95%, other 5%
ETHNIC MIX: Amerindian 50%, Mestizo 40%, White 7%, other 3%
GOVERNMENT: Presidential system
CURRENCY: New sol = 100 céntimos

Geography

Peru covers 1,285,216 km^2 (496,225 sq mi). It borders Ecuador and Colombia to the north, Brazil to the east, Bolivia to the southeast, Chile to the south, and the Pacific Ocean to the west. The Andes Mountains run parallel to the Pacific Ocean, dividing the country into three geographic regions. The costa (coast), to the west, is a narrow plain, largely arid except for valleys created by seasonal rivers. The sierra (highlands) is the region of the Andes; it includes the Altiplano plateau as well as the highest peak of the country, the 6,768 m (22,205 ft) Huascarán. The third region is the selva (jungle), a wide expanse of flat terrain covered by the Amazon rainforest that extends east. Almost 60% of the country's area is located within this region.

Most Peruvian rivers originate in the peaks of the Andes and drain into one of three basins. Those that drain toward the Pacific Ocean are steep and short, flowing only intermittently. Tributaries of the Amazon River are longer, have a much larger flow, and are less steep once they exit the sierra. Rivers that drain into Lake Titicaca are generally short and have a large flow. Peru's longest rivers are the Ucayali, the Marañón, the Putumayo, the Yavarí, the Huallaga, the Urubamba, the Mantaro, and the Amazon.

Peru, unlike other equatorial countries, does not have an exclusively tropical climate; the influence of the Andes and the Humboldt Current cause great climatic diversity within the country. The costa has moderate temperatures, low precipitations, and high humidity, except for its warmer, wetter northern reaches. In the sierra, rain is frequent during summer, and temperature and humidity diminish with altitude up to the frozen peaks of the Andes. The selva is characterized by heavy rainfall and high temperatures, except for its southernmost part, which has cold winters and seasonal rainfall. Because of its varied geography and climate, Peru has a high biodiversity with 21,462 species of plants and animals reported as of 2003; 5,855 of them endemic. The Peruvian government has established several protected areas for their preservation.

Climate

Coast is mainly arid. Middle slopes of the Andes are temperate; higher peaks are snow-covered. East is hot, humid, and very wet.

People & Society

Peru is a multiethnic country formed by different groups over five centuries. Amerindians inhabited Peruvian territory for several millennia before the Spanish Conquest of the 16th century; according to historian David N. Cook their population decreased from nearly 5–9 million in the 1520s to around 600,000 in 1620 mainly because of infectious diseases. Spaniards and Africans arrived in large numbers under colonial rule, mixing widely with each other and indigenous peoples. Gradual European immigration from England, France, Germany, Italy, and Spain followed independence. Chinese arrived in the 1850s, replacing slave workers, and have since greatly influenced Peruvian society. Other immigrant groups include Arabs and Japanese.

Though most people are Amerindians or mixed-race mestizos, society is dominated by a small group of Spanish descendants. Amerindians, and the small black community, suffer discrimination in towns, but access to information and political power are growing; the first Amerindian president was elected in 2001–2006. Clashes with left-wing militants killed almost 70,000 people between 1980 and 2000.

Economy

Peru is a developing country with a market-oriented economy; its 2010 per capita income is estimated by the IMF at US$5,195 and it has a high Human Development Index score of 0.723 based on 2010 data. Historically, the country's economic performance has been tied to exports, which provide hard currency to finance imports and external debt payments. Although they have provided substantial revenue, self-sustained growth and a more egalitarian distribution of income have proven elusive. According to 2010 data, 31.3% of its total population is poor, including 9.8% that is extremely poor.

Peruvian economic policy has varied widely over the past decades. The 1968–1975 government of Juan Velasco Alvarado introduced radical reforms, which included agrarian reform, the expropriation of foreign companies, the introduction of an economic planning system, and the creation of a large state-owned sector. These measures failed to achieve their objectives of income redistribution and the end of economic dependence on developed nations. Despite these results, most reforms were not reversed until the 1990s, when the liberalizing government of Alberto Fujimori ended price controls, protectionism, restrictions on foreign direct investment, and most state ownership of companies. Reforms have permitted sustained economic growth since 1993, except for a slump after the 1997 Asian financial crisis.

Services account for 53% of Peruvian gross domestic product, followed by manufacturing (22.3%), extractive industries (15%), and taxes (9.7%). Recent economic growth has been fueled by macroeconomic stability, improved terms of trade, and rising investment and consumption. Trade is expected to increase further after the implementation of a free trade agreement with the United States signed on April 12, 2006. Peru's main exports are copper, gold, zinc, textiles, and fish meal; its major trade partners are the United States, China, Brazil, and Chile.

Philippines

ASIA

Lying in the western Pacific Ocean, the Philippines is the world's second-largest archipelago, with 7107 islands, of which 4600 are named but only around 1000 inhabited.

OFFICIAL NAME: Republic of the Philippines
DATE OF FORMATION: 1946
CAPITAL: Manila
POPULATION: 101 million
TOTAL AREA: 115,830 sq. miles (300,000 sq. km)
DENSITY: 799 people per sq. mile
LANGUAGES: Filipino*, Tagalog, Cebuano, Hiligaynon, other, including English*
RELIGIONS: Roman Catholic 83%, Protestant 9%, Muslim 5%, other 3%
ETHNIC MIX: Tagalog 28%, Cebuano 13%, Ilocano 9%, Hiligaynon 8%, other 42%
GOVERNMENT: Presidential system
CURRENCY: Philippine peso = 100 centavos

Geography

The Philippines is an archipelago of 7,107 islands with a total land area, including inland bodies of water, of approximately 300,000 square kilometers (116,000 square miles). Its 36,289 kilometers (22,549 miles) of coastline makes it the country with the 5th longest coastline in the world. It is located between 116° 40', and 126° 34' E. longitude and 4° 40' and 21° 10' N. latitude and is bordered by the Philippine Sea to the east, the South China Sea to the west, and the Celebes Sea to the south. The island of Borneo is located a few hundred kilometers southwest and Taiwan is located directly to the north. The Moluccas and Sulawesi are located to the south-southwest and Palau is located to the east of the islands.

Most of the mountainous islands are covered in tropical rainforest and volcanic in origin. The highest mountain is Mount Apo. It measures up to 2,954 meters (9,692 feet) above sea level and is located on the island of Mindanao. The Galathea Depth in the Philippine Trench is the deepest point in the country and the third deepest in the world. The trench is located in the Philippine Sea. The longest river is the Cagayan River in northern Luzon. Manila Bay, upon the shore of which the capital city of Manila lies, is connected to Laguna de Bay, the largest lake in the Philippines, by the Pasig River. Subic Bay, the Davao Gulf, and the Moro Gulf are other important bays. The San Juanico Strait separates the islands of Samar and Leyte but it is traversed by the San Juanico Bridge.

Situated on the western fringes of the Pacific Ring of Fire, the Philippines experiences frequent seismic and volcanic activity. The Benham Plateau to the east in the Philippine Sea is an undersea region active in tectonic subduction. Around 20 earthquakes are registered daily, though most are too weak to be felt. The last major earthquake was the 1990 Luzon earthquake. There are many active volcanoes such as the Mayon Volcano, Mount Pinatubo, and Taal Volcano. The eruption of Mount Pinatubo in June 1991 produced the second largest terrestrial eruption of the 20th century. Not all notable geographic features are so violent or destructive. A more serene legacy of the geological disturbances is the Puerto Princesa Subterranean River. The white sand beaches that make Boracay a popular vacation getaway are made of coral remnants.

Due to the volcanic nature of the islands, mineral deposits are abundant. The country is estimated to have the second-largest gold deposits after South Africa and one of the largest copper deposits in the world. It is also rich in nickel, chromite, and zinc. Despite this, poor management, high population density, and environmental consciousness have resulted in these mineral resources remaining largely untapped. Geothermal energy, however, is another product of volcanic activity that the country has harnessed more successfully. The Philippines is the world's second-biggest geothermal producer behind the United States, with 18% of the country's electricity needs being met by geothermal power.

Climate

The Philippines has a tropical maritime climate and is usually hot and humid. There are three seasons: tag-init or tag-araw, the hot dry season or summer from March to May; tag-ulan, the rainy season from June to November; and tag-lamig, the cool dry season from December to February. The southwest monsoon (from May to October) is known as the Habagat, and the dry winds of the northeast monsoon (from November to April), the Amihan. Temperatures usually range from 21°C (70°F) to 32°C (90°F) although it can get cooler or hotter depending on the season. The coolest month is January; the warmest is May.

The average yearly temperature is around 26.6°C (79.88°F). In considering temperature, location in terms of latitude and longitude is not a significant factor. Whether in the extreme north, south, east, or west of the country, temperatures at sea level tend to be in the same range. Altitude usually has more of an impact. The average annual temperature of Baguio at an elevation of 1,500 meters (4,900 feet) above sea level is 18.3°C (64.9°F), making it a popular destination during hot summers. Likewise, Tagaytay is a favored retreat.

Sitting astride the typhoon belt, most of the islands experience annual torrential rains and thunderstorms from July to October, with around nineteen typhoons entering the Philippine area of responsibility in a typical year and eight or nine making landfall. Annual rainfall measures as much as 5,000 millimeters (200 inches) in the mountainous east coast section but less than 1,000 millimeters (39 inches) in some of the sheltered valleys. The wettest known tropical cyclone to impact the archipelago was the July 1911 cyclone, which dropped over 1,168 millimetres (46.0 in) of rainfall within a 24-hour period in Baguio City. Bagyo is the local term for a tropical cyclone in the Philippines

People & Society

Over 100 ethnic groups, most of which are of Malay origin. The Catholic Church is a dominant cultural force; it opposes family-planning, despite high population growth. The Chinese minority has been established for 400 years. Women play a prominent part in society. High literacy levels. Islamist separatists and communist insurgents undermine stability.

There are about 11 million Filipinos outside the Philippines. Since the liberalization of United States immigration laws in 1965, the number of people in the United States having Filipino ancestry has grown substantially. In 2007 there were an estimated 3.1 million. According to the United States Census Bureau, immigrants from the Philippines made up the second largest group after Mexico that sought family reunification. Some two million Filipinos work in the Middle East, with nearly a million in Saudi Arabia alone.

Metro Manila is the most populous of the twelve defined metropolitan areas in the Philippines and the 11th most populous in the world. As of the 2007 census, it had a population of 11,553,427, comprising 13% of the national population. Including suburbs in the adjacent provinces (Bulacan, Cavite, Laguna, and Rizal) of Greater Manila, the population is around 21 million.

Metro Manila's gross regional product is estimated as of July 2009 to be ₱468.4 billion (at constant 1985 prices) and accounts for 33% of the nation's GDP. In 2008, it ranked as the 40th wealthiest urban agglomeration in the world and the 2nd in Southeast Asia, according to PricewaterhouseCoopers. Davao City in Mindanao and Cebu City in the Visayas are other important urban centers.

The figure below shows the top ten largest cities by population in the Philippines.

Economy

The national economy of the Philippines is the 46th largest in the world, with an estimated 2010 gross domestic product (nominal) of $189 billion. Primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Major trading partners include the United States, Japan, China, Singapore, South Korea, the Netherlands, Hong Kong, Germany, Taiwan, and Thailand. Its unit of currency is the Philippine peso (₱ or PHP).

A newly industrialized country, the Philippine economy has been transitioning from one based on agriculture to one based more on services and manufacturing. Of the country's total labor force of around 38.1 million, the agricultural sector employs close to 32% but contributes to only about 13.8% of GDP. The industrial sector employs around 13.7% of the workforce and accounts for 30% of GDP. Meanwhile the 46.5% of workers involved in the services sector are responsible for 56.2% of GDP.

The unemployment rate as of July 2009 stands at around 7.6% and due to the global economic slowdown inflation as of September 2009 reads 0.70%. Gross international reserves as of February 2010 are $45.713 billion. In 2004, public debt as a percentage of GDP was estimated to be 74.2%; in 2008, 56.9%. Gross external debt has risen to $66.27 billion. The country is a net importer.

After World War II, the country was for a time regarded as the second wealthiest in East Asia, next only to Japan.However, by the 1960s its economic performance started being overtaken. The economy stagnated under the dictatorship of Ferdinand Marcos as the regime spawned economic mismanagement and political volatility. The country suffered from slow economic growth and bouts of economic recession. Only in the 1990s with a program of economic liberalization did the economy begin to recover.

The 1997 Asian Financial Crisis affected the economy, resulting in a lingering decline of the value of the peso and falls in the stock market. But the extent it was affected initially was not as severe as that of some of its Asian neighbors. This was largely due to the fiscal conservatism of the government, partly as a result of decades of monitoring and fiscal supervision from the International Monetary Fund (IMF), in comparison to the massive spending of its neighbors on the rapid acceleration of economic growth. There have been signs of progress since. In 2004, the economy experienced 6.4% GDP growth and 7.1% in 2007, its fastest pace of growth in three decades. Yet average annual GDP growth per capita for the period 1966–2007 still stands at 1.45% in comparison to an average of 5.96% for the East Asia and the Pacific region as a whole and the daily income for 45% of the population of the Philippines remains less than $2. Despite enjoying sustained economic growth during the first decade of the 21st century, as of 2010, the country's economy remains smaller than those of its Southeast Asian neighbors Indonesia, Thailand, Malaysia, and Singapore in terms of GDP and GDP per capita (nominal).

Other incongruities and challenges exist. The economy is heavily reliant on remittances which surpass foreign direct investment as a source of foreign currency. Regional development is uneven with Luzon—Metro Manila in particular—gaining most of the new economic growth at the expense of the other regions, although the government has taken steps to distribute economic growth by promoting investment in other areas of the country. Despite constraints, service industries such as tourism and business process outsourcing have been identified as areas with some of the best opportunities for growth for the country. Goldman Sachs includes the country in its list of the "Next Eleven" economies. But China and India have emerged as major economic competitors.

The Philippines is a member of the World Bank, the International Monetary Fund, the World Trade Organization (WTO), the Asian Development Bank which is headquartered in Mandaluyong City, the Colombo Plan, and the G-77 among other groups and institutions.

Poland

EUROPE

Located in the heart of Europe, Poland has undergone massive social, economic, and political change since the collapse of communism in 1989. It joined the EU in 2004.

OFFICIAL NAME: Republic of Poland
DATE OF FORMATION: 1918
CAPITAL: Warsaw
POPULATION: 38.1 million
TOTAL AREA: 120,728 sq. miles (312,685 sq. km)
DENSITY: 324 people per sq. mile
LANGUAGES: Polish
RELIGIONS: Roman Catholic 93%, other and nonreligious 5%, Orthodox Christian 2%
ETHNIC MIX: Polish 97%, other 2%, Silesian 1%
GOVERNMENT: Parliamentary system
CURRENCY: Zloty = 100 groszy

Geography

Poland's territory extends across several geographical regions, between latitudes 49° and 55° N, and longitudes 14° and 25° E. In the northwest is the Baltic seacoast, which extends from the Bay of Pomerania to the Gulf of Gdańsk. This coast is marked by several spits, coastal lakes (former bays that have been cut off from the sea), and dunes. The largely straight coastline is indented by the Szczecin Lagoon, the Bay of Puck, and the Vistula Lagoon. The centre and parts of the north lie within the North European Plain.

Rising gently above these lowlands is a geographical region comprising the four hilly districts of moraines and moraine-dammed lakes formed during and after the Pleistocene ice age. These lake districts are the Pomeranian Lake District, the Greater Polish Lake District, the Kashubian Lake District, and the Masurian Lake District. The Masurian Lake District is the largest of the four and covers much of northeastern Poland. The lake districts form part of the Baltic Ridge, a series of moraine belts along the southern shore of the Baltic Sea.

South of the Northern European Lowlands lie the regions of Silesia and Masovia, which are marked by broad ice-age river valleys. Farther south lies the Polish mountain region, including the Sudetes, the Cracow-Częstochowa Upland, the Świętokrzyskie Mountains, and the Carpathian Mountains, including the Beskids. The highest part of the Carpathians is the Tatra Mountains, along Poland's southern border.

Climate

Poland's long-term and short-term weather patterns are made transitional and variable by the collision of diverse air masses above the country's surface. Maritime air moves across Western Europe, Arctic air sweeps down from the North Atlantic Ocean, and subtropical air arrives from the South Atlantic Ocean. Although the Arctic air dominates for much of the year, its conjunction with warmer currents generally moderates temperatures and generates considerable precipitation, clouds, and fog. When the moderating influences are lacking, winter temperatures in mountain valleys may drop to max −20 °C (−4 °F).

The spring arrives slowly in March or April, bringing mainly sunny days after a period of alternating wintry and springtime conditions. Summer, which extends from June to August, is generally less humid than winter. Showers and thunderstorms alternate with dry sunny weather that is generated when southern winds prevail. Early autumn is generally sunny and warm before a period of rainy, colder weather in November begins the transition into winter. Winter, which may last from one to three months, brings frequent snowstorms but relatively low total precipitation.

The range of mean temperatures is 6 °C (42.8 °F) in the northeast to 10 °C (50 °F) in the southwest, but individual readings in Poland's regions vary widely by season. On the highest mountain peaks, the mean temperature is below 0 °C (32 °F). The Baltic coast, influenced by moderating west winds, has cooler summers and warmer winters. The other temperature extreme is in the southeast along the border with Ukraine, where the greatest seasonal differences occur and winter temperatures average 4.5 °C (40.1 °F) below those in western Poland. The growing season is about 40 days longer in the southwest than in the northeast, where spring arrives latest. The hottest cities in Poland are Tarnów, Wrocław and Słubice.

The average annual precipitation for the whole country is 600 mm (23.6 in), but isolated mountain locations receive as much as 1,300 mm (51.2 in) per year. The total is slightly higher in the southern uplands than in the central plains. A few areas, notably along the Vistula between Warsaw and the Baltic Sea and in the far northwest, average less than 500 mm (19.7 in). In winter about half the precipitation in the lowlands and the entire amount in the mountains falls as snow. On the average, precipitation in summer is twice that in winter, providing a dependable supply of water for crops.

People & Society

Ethnic homogeneity masks a number of tensions. Secular liberals criticize the semiofficial status of the Roman Catholic Church, and emerging wealth disparities are resented by those not profiting from the free market. The German minority in the west is growing more assertive.

In recent years, Poland's population has decreased because of an increase in emigration and a sharp drop in the birth rate. Since Poland's accession to the European Union, a significant number of Poles have emigrated to Western European countries such as the United Kingdom, Germany and Ireland in search of work. Some organizations have stated that Polish emigration is primarily caused by Poland's high unemployment rate (10.5% in 2007), with Poles searching for better work opportunities abroad. In April 2007, the Polish population of the United Kingdom had risen to approximately 300,000, and estimates place the Polish population in Ireland at 65,000. Some sources claim that the number of Polish citizens who emigrated to the UK after 2004 is as high as 2 million. This, however, is contrasted by a recent trend that shows that more Poles are entering the country than leaving it

Economy

Poland's high-income economy is considered to be one of the healthiest of the post-Communist countries and is currently one of the fastest growing within the EU. Since the fall of the communist government, Poland has steadfastly pursued a policy of liberalising the economy and today stands out as a successful example of the transition from a centrally planned economy to a primarily market-based economy. Poland is the only member of the European Union to have avoided a decline in GDP during the late 2000s recession. In 2009 Poland had the highest GDP growth in the EU. As of November 2009, the Polish economy has not entered the global recession of the late 2000s nor has it even contracted.

The privatization of small and medium state-owned companies and a liberal law on establishing new firms have allowed the development of an aggressive private sector. As a consequence, consumer rights organizations have also appeared. Restructuring and privatisation of "sensitive sectors" such as coal, steel, rail transport and energy has been continuing since 1990. Between 2007 and 2010, the government plans to float twenty public companies on the Warsaw Stock Exchange, including parts of the coal industry. The biggest privatisations have been the sale of the national telecoms firm Telekomunikacja Polska to France Télécom in 2000, and an issue of 30% of the shares in Poland's largest bank, PKO Bank Polski, on the Polish stockmarket in 2004.

Poland has a large number of private farms in its agricultural sector, with the potential to become a leading producer of food in the European Union. Structural reforms in health care, education, the pension system, and state administration have resulted in larger-than-expected fiscal pressures. Warsaw leads Central Europe in foreign investment. GDP growth had been strong and steady from 1993 to 2000 with only a short slowdown from 2001 to 2002.

The economy had growth of 3.7% annually in 2003, a rise from 1.4% annually in 2002. In 2004, GDP growth equaled 5.4%, in 2005 3.3% and in 2006 6.2%. According to Eurostat data, Polish PPS GDP per capita stood at 61% of the EU average in 2009.

Although the Polish economy is currently undergoing economic development, there are many challenges ahead. The most notable task on the horizon is the preparation of the economy (through continuing deep structural reforms) to allow Poland to meet the strict economic criteria for entry into the Eurozone. According to the minister of finance Jacek Rostowski, Poland is likely to adopt the euro in 2012 or 2013. Some businesses may already accept the euro as payment. In addition, the ability to establish and conduct business easily has been cause for economic hardship as the World Economic Forum recently ranked Poland near the bottom of OECD countries in terms of the clarity, efficiency and neutrality of its legal framework for firm to settle disputes. A report concluded that on-going foreign business disputes issues may "have damaged Poland's reputation as an attractive location for FDI" by reinforcing the impression of "Poland's substandard reputation for maintaining an efficient and neutral framework to settle business disputes involving multinational foreign investors." Ernst & Young's 2010 European attractiveness survey reported that Poland saw a 52% decrease in FDI job creation and a 42% decrease in number of FDI projects since 2008.

Average salaries in the enterprise sector in December 2010 were 3,848 PLN (1,012 euro or 1,374 US dollars) and growing sharply. Salaries vary between the regions: the median wage in the capital city Warsaw was 4,603 PLN (1,177 euro or 1,680 US dollars) while in Kielce it was only 3,083 PLN (788 euro or 1125 US dollars). Differences in salaries in various districts of Poland is even higher and range from 2,020 PLN (517 euro or 737 US dollars) in Kępno County, which is located in Greater Poland Voivodeship to 5,616 (1,436 euro or 2,050 US dollars) in Lubin County, which lies in Lower Silesian Voivodeship.

According to a Credit Suisse report, Poles are the second wealthiest (after Czechs) of the Central European peoples. This makes Poland an attractive destination for many guest workers from Asia and Eastern Europe. Even though Poland is rather an ethnically homogeneous country, the number of foreigners is growing every year.

Since the United Kingdom, Ireland and some other European countries opened their job markets for Poles, many workers, especially from rural regions, have left the country to seek a better wages abroad. However, there is a rapid growth of the salaries, booming economy, strong value of Polish currency, and quickly decreasing unemployment (from 14.2% in May 2006 to 6.7% in August 2008). Commodities produced in Poland include: electronics, cars (including the luxurious Leopard car), buses (Autosan, Solaris, Solbus), helicopters (PZL Świdnik), transport equipment, locomotives, planes (PZL Mielec), ships, military engineering (including tanks, SPAAG systems), medicines (Polpharma, Polfa), food, clothes, glass, pottery (Bolesławiec), chemical products and others.

Portugal

EUROPE

Portugal, with its long Atlantic coast, lies on the western side of the Iberian Peninsula, which it shares with Spain. It is the most westerly country on the European mainland.

OFFICIAL NAME: Republic of Portugal
DATE OF FORMATION: 1139
CAPITAL: Lisbon
POPULATION: 10.6 million
TOTAL AREA: 35,672 sq. miles (92,391 sq. km)
DENSITY: 302 people per sq. mile
LANGUAGES: Portuguese
RELIGIONS: Roman Catholic 97%, other 2%, Protestant 1%
ETHNIC MIX: Portuguese 98%, African and other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

The territory of Portugal includes an area in the Iberian Peninsula (referred to as the continent by most Portuguese) and two archipelagos in the Atlantic Ocean: the archipelagos of Madeira and the Azores. It lies between latitudes 32° and 43° N, and longitudes 32° and 6° W.

Mainland Portugal is split by its main river, the Tagus that flows from Spain and disgorges in Tagus Estuary, before escaping into the Atlantic. The northern landscape is mountainous towards the interior with several plateaus indented by river valleys, whereas the south, that includes the Algarve and the Alentejo regions, is characterized by rolling plains.

Portugal's highest peak is the similarly named Mount Pico on the island of Pico in the Azores. This ancient volcano, which measures 2,351 m (7,713 ft) is a highly iconic symbol of the Azores, while the Serra da Estrela on the mainland (the summit being 1,991 m (6,532 ft) above sea level) is an important seasonal attraction for skiers and winter sports enthusiasts.

The archipelagos of Madeira and the Azores are scattered within the Atlantic Ocean: the Azores straddling the Mid-Atlantic Ridge on a tectonic triple junction, and Madeira along a range formed by in-plate hotspot geology (much like the Hawaiian Islands). Geologically, these islands were formed by volcanic and seismic events, although the last terrestrial volcanic eruption occurred in 1957–58 (Capelinhos) and minor earthquakes occur sporadically, usually of low intensity.

Portugal's Exclusive Economic Zone, a sea zone over which the Portuguese have special rights over the exploration and use of marine resources, has 1,727,408 km^2. This is the 3rd largest Exclusive Economic Zone of the European Union and the 11th largest in the world.

Climate

Portugal is defined as a Mediterranean climate (Csa in the south and Douro region, and Csb in the north and western Alentejo), and also Semi-arid climate or Steppe climate (Bsk in certain parts of Beja district) according to the Koppen-Geiger Climate Classification), and is one of the warmest European countries: the annual average temperature in mainland Portugal varies from 13 °C (55.4 °F) in the mountainous interior north to over 18 °C (64.4 °F) in the south and on the Guadiana river basin. The Algarve, separated from the Alentejo region by mountains reaching up to 900 metres in Pico da Foia, has a climate similar to that of the southern coastal areas of Spain.

Annual average rainfall in the mainland varies from just over 3,000 mm (118.1 in) in the northern mountains to less than 300 mm (11.8 in) in the area of the Massueime River, near Côa, along the Douro river. Mount Pico is recognized as receiving the largest annual rainfall (over6,250 mm (246.1 in) per year) in Portugal, according to Instituto de Meteorologia (English: Portuguese Meteorological Institute).

In some areas, such as the Guadiana basin, annual average temperatures can be as high as 20 °C (68 °F), but summer temperatures may be over 45 °C (113 °F) (as a study from the Archeological Park in Côa determined). In the high mountains, such as Peneda-Gerês National Park, a temperate maritime climate permeates (Cfb, according to Koppen-Geiger). The record high of 47.4 °C (117.3 °F) was recorded in Amareleja (although this is not the hottest spot in summer, according to satellite readings).

Snowfalls occur regularly in the interior North and Center of the country in particular in the districts of Vila Real, Bragança, Viseu and Guarda. In winter temperatures may drop below −10 °C (14.0 °F) in particular in Serra da Estrela, Serra do Gerês and Serra de Montesinho. In these places snow can fall any time from October to May. In the south of the country snowfalls are rare but still occur in the highest elevations.

The country has around 2500 to 3200 hours of sunshine a year, an average of 4–6 h in winter and 10–12 h in the summer, with higher values in the southeast and lower in the northwest. The sea surface temperature on the west coast of mainland Portugal varies from 13 °C (55.4 °F)-15 °C (59.0 °F) in winter to 18 °C (64.4 °F)-20 °C (68.0 °F) in the summer while on the south coast in the summer the water temperature is typically around 22 °C (71.6 °F) occasionally reaching 25 °C (77.0 °F).

Both the archipelagos of the Azores and Madeira have a subtropical climate, although variations between islands exist, making weather predictions very difficult (owing to topography, temperature and humidity). The Madeiran and Azorean archipelagos have a narrower temperature range, with annual average temperatures exceeding 20 °C (68 °F) along the coast (according to the Portuguese Meteorological Institute). Some islands in Azores do have drier months in the summer. Consequently, the island of the Azores have been identified as having a Mediterranean climate (both Csa and Csb types), while some islands (such as Flores or Corvo) are classified as Maritime Temperate (Cfb) or Humid subtropical (Cfa), respectively, according to Koppen-Geiger classification. Porto Santo island in Madeira has a semi-arid Steppe climate (BSh). The Savage Islands, which are part of the regional territory of Madeira are unique in being classified as a Desert climates (BWh) with an annual average rainfall of approximately 150 mm (5.9 in). The sea surface temperature in the archipelagos varies from 16 °C (60.8 °F)-18 °C (64.4 °F) in winter to 23 °C (73.4 °F)-25 °C (77.0 °F) in the summer occasionally reaching 26 °C (78.8 °F).

In the southern Azores, and still within the Portuguese maritime territory, there is a unique area of tropical climate (as defined by Koppen-Geiger) influenced by Gulf Stream where sea surface temperatures are over 20 °C (68 °F) even during the winter (Source AEMET).

People & Society

A homogeneous and stable society, which is losing some of its conservative traditions. History of immigration from former colonies, and recently from eastern Europe. Urban areas and the south are more socially liberal. The north is more responsive to traditional Roman Catholic values. Family ties remain important.

Portugal's colonial history has long since been a cornerstone of its national identity, as has its geographic position at the southwestern corner of Europe, looking out into the Atlantic Ocean. It was the last western colonial European powers to give up its overseas territories (among them Angola and Mozambique in 1975), turning over the administration of Macau to the People's Republic of China at the end of 1999. Consequently, it has both influenced and been influenced by cultures from former colonies or dependencies, resulting in immigration from these former territories for both economic and/or personal reasons. Portugal, long a country of emigration (the vast majority of Brazilians have some Portuguese ancestry), has now become a country of net immigration, and not just from the last Indian (Portuguese until 1961), African (Portuguese until 1975), and Far East Asian (Portuguese until 1999) overseas territories. An estimated 800,000 Portuguese returned to Portugal as the country's African possessions gained independence in 1975. By 2007, Portugal had 10,617,575 inhabitants of whom about 332,137 were legal immigrants.

Since the 1990s, along with a boom in construction, several new waves of Ukrainian, Brazilian, people from the former Portuguese colonies in Africa and other Africans have settled in the country. Romanians, Moldovans and Chinese have also chosen Portugal as destination. Portugal's Romani population, estimated at about 40,000, offers another element of ethnic diversity. Most Romanis congregate with similar ethnic groups in the southern parts of the country and sell clothing and handicrafts in rural markets.

In addition, a number of EU citizens, mostly from the United Kingdom, northern European or Nordic countries, have become permanent residents in the country (with the British community being mostly composed of retired pensioners and choosing to live in the Algarve and Madeira).

Economy

Since the Carnation Revolution (1974) which culminated with the end of one of its most notable phases of economic expansion (that started in the 1960s), there has been a significant change in annual economic growth. After the turmoil of the 1974 revolution and the PREC period, Portugal has been trying to adapt itself to a changing modern global economy. Since the 1990s, Portugal's economic development model has been slowly changing from one based on public consumption to one focused on exports, private investment, and development of the high-tech sector. Business services have overtaken more traditional industries such as textiles, clothing, footwear, cork (of which Portugal is the world's leading producer), wood products and beverages.

Most industry, business and finance are concentrated in Lisbon and Porto metropolitan areas. The districts of Aveiro, Braga, Coimbra, and Leiria are the biggest economic centres outside those two main metropolitan areas.

The Portuguese currency is the euro (€) and the country's economy is in the Eurozone since its starting. Portugal's central bank is the Banco de Portugal, which is an integral part of the European System of Central Banks.

Agriculture in Portugal is based on small to medium-sized family-owned dispersed units. However, the sector also includes larger scale intensive farming export-oriented agrobusinesses backed by companies (like Grupo RAR's Vitacress, Sovena, Lactogal, Vale da Rosa, Companhia das Lezírias and Valouro). The country produces a wide variety of crops and livestock products, including green vegetables, rice, corn, barley, olives, oilseeds, nuts, cherries, bilberry, table grapes, edible mushrooms, dairy products, poultry and beef. Forestry has also played an important economic role among the rural communities and industry (namely paper industry that includes Portucel Soporcel Group, engineered wood that includes Sonae Indústria, and furniture that includes several manufacturing plants in and around Paços de Ferreira, the core of Portugal's major industrial operations of IKEA). In 2001, the gross agricultural product accounted for 4% of the national GDP.

Traditionally a sea-power, Portugal has had a strong tradition in the Portuguese fishing sector and is one of the countries with the highest fish consumption per capita. The main landing sites in Portugal (including Azores and Madeira), according to total landings in weight by year, are the harbours of Matosinhos, Peniche, Olhão, Sesimbra, Figueira da Foz, Sines, Portimão and Madeira. Portuguese processed fish products are exported through several companies under a number of different brands like Conservas Ramirez, the World's oldest canned fish producer still in operation, as well as Combate, Comur, General, Líder, Maná, Murtosa, Pescador, Pitéu, Tenório, Torreira, Vasco da Gama, etc.

Industry is diversified, ranging from automobile (Volkswagen Autoeuropa, Peugeot Citroen), aerospace (Embraer), electronics and textiles, to food, chemicals, cement and wood pulp. Volkswagen Group's AutoEuropa motor vehicle assembly plant in Palmela is among the largest foreign direct investment projects in Portugal.

Modern non-traditional technology-based industries like aerospace, biotechnology and information technology, have been developed in several locations across the country. Alverca, Covilhã, Évora, and Ponte de Sor are the main centres of Portuguese aerospace industry, which is led by Brazil-based company Embraer and the Portuguese company OGMA. Since after the turn of the 21st century, many major biotechnology and information technology industries have been founded and are concentrated in the metropolitan areas of Lisbon, Porto, Braga, Coimbra and Aveiro.

Travel and tourism continues to become extremely important for Portugal, with visitor numbers forecast to increase significantly over the next years. However, there is increasing competition from Eastern European destinations such as Croatia who offer similar attractions, which are often cheaper. Consequently, the country is almost obligated to focus on its niche attractions such as health, nature and rural tourism in order to stay ahead of its competitors.

The banking and insurance sectors performed well until the late-2000s financial crisis, partly reflecting a rapid deepening of the market in Portugal. While sensitive to various types of market and underwriting risks, both the life and non-life sectors, overall, are estimated to be able to withstand a number of severe shocks, even though the impact on individual insurers varies widely.

Qatar

ASIA

Projecting from the Arabian Peninsula into the Persian Gulf, Qatar was a founding member of OPEC. One of the region's wealthiest states due to oil and natural gas exports.

OFFICIAL NAME: State of Qatar
DATE OF FORMATION: 1971
CAPITAL: Doha
POPULATION: 1.69 million
TOTAL AREA: 4416 sq. miles (11,437 sq. km)
DENSITY: 332 people per sq. mile
LANGUAGES: Arabic
RELIGIONS: Muslim (mainly Sunni) 95%, other 5%
ETHNIC MIX: Qatari 20%, other Arab 20%, Indian 20%, Nepalese 13%, Filipino 10%, Pakistani 7%, other 10%
GOVERNMENT: Monarchy
CURRENCY: Qatar riyal = 100 dirhams

Geography

Qatar is a peninsula in the east of Arabia, bordering the Persian Gulf and Saudi Arabia, in a strategic location near major petroleum deposits. Qatar occupies 11,437 square kilometers on a peninsula that extends approximately 160 kilometers north into the Persian Gulf from the Arabian Peninsula. Varying in width between fifty-five and ninety kilometers, the land is mainly flat (the highest point is 103 meters) and rocky. Notable features include coastal salt pans, elevated limestone formations (the Dukhan anticline) along the west coast under which lies the Dukhan oil field, and massive sand dunes surrounding Khawr al Udayd, an inlet of the gulf in the southeast known to local English speakers as the Inland Sea. Of the islands belonging to Qatar, Halul is the most important. Lying about ninety kilometers east of Doha, it serves as a storage area and loading terminal for oil from the surrounding offshore fields. Hawar and the adjacent islands immediately off the west coast are the subject of a territorial dispute between Qatar and Bahrain.

The capital, Doha, is located on the central east coast on a sweeping (if shallow) harbor. Other ports include Umm Said, Al Khawr, and Al Wakrah. Only Doha and Umm Said are capable of handling commercial shipping, although a large port and a terminal for loading natural gas are planned at Ras Laffan Industrial City, north of Al Khawr. Coral reefs and shallow coastal waters make navigation difficult in areas where channels have not been dredged.

Qatar shares its land border with Saudi Arabia. The boundary with Saudi Arabia was settled in 1965 but never demarcated. Qatar's northwest coast is fewer than thirty kilometers from the main islands of Bahrain; however, Qatar's northwest coast is only 1.4 kilometers from the Hawar Islands of Bahrain.

Doha is the capital of the country and the major administrative, commercial, and population center. In 1993 it was linked to other towns and development sites by a system of about 1,000 kilometers of paved roads. Doha's international airport has an approximately 4,500-meter main runway, capable of receiving all kinds of aircraft.

Climate

The long summer (May through September) is characterized by intense heat and alternating dryness and humidity, with temperatures reaching 50 °C (122 °F). Temperatures are moderate from November through May, although winter temperatures may fall to 5 °C (41 °F). Rainfall is negligible, averaging 100 millimeters (3.9 in) per year, confined to the winter months, and falling in brief, sometimes heavy storms that often flood the small ravines and the usually dry wadis. Sudden, violent dust storms occasionally descend on the peninsula, blotting out the sun, causing wind damage, and momentarily disrupting transport and other services.

The scarcity of rainfall and the limited underground water, most of which has such a high mineral content that it is unsuitable for drinking or irrigation, restricted the population and the extent of agricultural and industrial development the country could support until desalination projects began. Although water continues to be provided from underground sources, most is obtained by desalination of seawater.

People & Society

Only one in five residents is nativeborn; the rest are guest workers from across the Middle East, the Indian subcontinent, Southeast Asia and north Africa. Qataris were once nomadic Bedouins, but since the advent of oil wealth, most now live in Doha and its suburbs, leaving the north dotted with abandoned villages. Women enjoy relative freedom; most wear the veil.

Qatari culture (music, art, dress, and cuisine) is similar to that of other Arab countries of the Persian Gulf; see Culture of the Arab States of the Persian Gulf. Arab tribes from Saudi Arabia migrated to Qatar and other places in the gulf; therefore, the culture in the Persian Gulf region varies little from country to country.

Qatar explicitly uses Sharia law as the basis of its government, and the vast majority of its citizens follow Hanbali Madhhab. Hanbali (Arabic: حنبلى ) is one of the four schools (Madhhabs) of Fiqh or religious law within Sunni Islam (The other three are Hanafi, Maliki and Shafii). Sunni Muslims believe that all four schools have "correct guidance", and the differences between them lie not in the fundamentals of faith, but in finer judgments and jurisprudence, which are a result of the independent reasoning of the imams and the scholars who followed them. Because their individual methodologies of interpretation and extraction from the primary sources (usul) were different, they came to different judgments on particular matters. Shi'as comprise around 10% of the Muslim population in Qatar.

Alcohol is legal with a permit but it is not permitted to drink it in public.

Economy

Qatar has experienced rapid economic growth over the last several years due to high oil prices, and in 2008 posted its eighth consecutive budget surplus. Economic policy is focused on developing Qatar's non-associated natural gas reserves and increasing private and foreign investment in non-energy sectors, but oil and gas still account for more than 50% of GDP; roughly 85% of export earnings, and 70% of government revenues.

Oil and gas have made Qatar one of the highest per-capita income countries, and one of the world's fastest growing. Proved oil reserves of 15 billion barrels should enable continued output at current levels for 37 years. Qatar's proved reserves of natural gas are nearly 26 trillion cubic metres, about 14% of the world total and the third largest in the world.

Before the discovery of oil, the economy of the Qatari region focused on fishing and pearl hunting. After the introduction of the Japanese cultured pearl onto the world market in the 1920s and 1930s, Qatar's pearling industry crashed. However, the discovery of oil, beginning in the 1940s, completely transformed the state's economy. Now, the country has a high standard of living, with many social services offered to its citizens and all the amenities of any modern state. It relies heavily on foreign labour to grow its economy, to the extent that 94% of its labour is carried out by foreigners. Labour laws offer little protection for the foreign labourers mostly coming from developing countries.

Qatar's national income primarily derives from oil and natural gas exports. The country has oil reserves of 15 billion barrels, while gas reserves in the giant North Field (which straddles the border with Saudi Arabia and is almost as large as the peninsula itself) are estimated to be between 80 trillion cubic feet (2.3×1012 m3) to 800 trillion cubic feet (23×1012 m3) (1 trillion cubic feet of gas is equivalent to about 180 million barrels (29×106 m3) of oil). Qataris' wealth and standard of living compare well with those of Western European states; Qatar has the highest GDP per capita in the Arab World, according to the International Monetary Fund (2010) and the CIA World Factbook. With no income tax, Qatar (along with Bahrain) is one of the countries with the lowest tax rates in the world.

While oil and gas will probably remain the backbone of Qatar's economy for some time to come, the country seeks to stimulate the private sector and develop a "knowledge economy". In 2004, it established the Qatar Science & Technology Park to attract and serve technology-based companies and entrepreneurs, from overseas and within Qatar. Qatar also established Education City, which consists of international colleges. For the 15th Asian Games in Doha, it established Doha Sports City, consisting of Khalifa stadium, the Aspire Sports Academy, aquatic centres, exhibition centres and many other sports related buildings and centres. Following the success of the Asian Games, Doha kicked off an official bid to host the 2016 Summer Olympics in October 2007. Its bid was finally eliminated from consideration in June 2008. Qatar also plans to build an "entertainment city" in the future.

The Qatari government hopes that large-scale investment in all social and economic sectors will lead to the development of a strong financial market.

The Qatar Financial Centre (QFC) provides financial institutions with world-class services in investment, margin and no-interest loans, and capital support. These platforms are situated in an economy founded on the development of its hydrocarbons resources, specifically its exportation of petroleum. It has been created with a long term perspective to support the development of Qatar and the wider region, develop local and regional markets, and strengthen the links between the energy based economies and global financial markets.

Apart from Qatar itself, which needs to raise capital to finance projects of more than $130 billion, the QFC also provides a conduit for financial institutions to access nearly $1.0 trillion of investments which stretch across the GCC (Cooperation Council for the Arab States of the Gulf) as a whole over the next decade. Commercial ties between the United States and Qatar have been expanding at a rapid pace over the last five years, with trade volumes growing by more than 340%, from $738 million in 2003 to $3.2 billion in 2009. Over the same period, U.S. exports increased 580 percent to $2.7 billion, making the United States the largest import partner for Qatar. US companies look to play key role in the $60 billion dollars that Qatar will invest in roads, infrastructure development, housing and real estate, health/medical and sanitation projects in the next decade.

The new town of Lusail, the largest project ever in Qatar, is under construction.

Romania

EUROPE

Once dominated by Poles, Hungarians, and Ottomans, Romania has been slowly converting to a market economy since the 1989 overthrow of its communist regime. It joined the EU in 2007.

OFFICIAL NAME: Romania
DATE OF FORMATION: 1878
CAPITAL: Bucharest
POPULATION: 21.9 million
TOTAL AREA: 91,699 sq. miles (237,500 sq. km)
DENSITY: 239 people per sq. mile
LANGUAGES: Romanian*, Hungarian
RELIGIONS: Romanian Orthodox 87%, Roman Catholic 5%, Protestant 4%, other 2%, Greek Orthodox 1%, Uniate 1%
ETHNIC MIX: Romanian 89%, Magyar 7%, Roma 2%, other 2%
GOVERNMENT: Presidential system
CURRENCY: Romanian leu

Geography

With a surface area of 238,391 square kilometres (92,043 sq mi), Romania is the largest country in southeastern Europe and the twelfth-largest in Europe. It lies between latitudes 43° and 49° N, and longitudes 20° and 30° E.

Romania's terrain is distributed roughly equally between mountainous, hilly and lowland territories. The Carpathian Mountains dominate the centre of Romania, with 14 mountain ranges reaching above 2,000 m/6,600 ft, and the highest point at Moldoveanu Peak (2,544 m/8,346 ft). These are surrounded by the Moldavian and Transylvanian plateaus and Pannonian and Wallachian plains. Romania's geographical diversity has led to an accompanying diversity of flora and fauna.

A large part of Romania's border with Serbia and Bulgaria is formed by the Danube. The Prut River, one of its major tributaries, forms the border with the Republic of Moldova. The Danube flows into the Black Sea within Romania's territory forming the Danube Delta, the second largest and best preserved delta in Europe, and also a biosphere reserve and a biodiversity World Heritage Site. Other major rivers are the Siret (596 km), the Olt (614 km), the Prut (742 km), the Someş (388 km), and the Mureş (761 km).

Lakes and lake complexes have a low share throughout Romania, occupying only 1.1% of total land area. The largest lake complex in size is Razelm-Sinoe (731 km²), located on the Black Sea seaside. Glacial lakes exist in the Făgăraş Mountains, a result of quaternary glaciation, of which the largest are: Lake Avrig (14,700 m²), Bâlea Lake (46,500 m²), Capra Lake (18,000 m²), etc. Other notable lakes are Lake Sfânta Ana, the only volcanic lake in Romania, and Red Lake, a natural dam lake, both situated in Harghita County.

Climate

Owing to its distance from the open sea and position on the southeastern portion of the European continent, Romania has a climate that is transitional between temperate and continental, with four distinct seasons. The average annual temperature is 11 °C (52 °F) in the south and 8 °C (46 °F) in the north. The extreme recorded temperatures were 44.5 °C (112.1 °F) at Ion Sion in 1951 and −38.5 °C (−37.3 °F) at Bod in 1942.

Spring is pleasant with cool mornings and nights and warm days. Summers are generally very warm to hot, with summer (June to August) average maximum temperatures in Bucharest rising to 28 °C (82 °F), and temperatures over 35 °C (95 °F) fairly common in the lower-lying areas of the country. Minima in Bucharest and other lower-lying areas are around 16 °C (61 °F). Autumn is dry and cool, with fields and trees producing colorful foliage. Winters can be cold, with average maxima even in lower-lying areas reaching no more than 2 °C (36 °F) and below −15 °C (5 °F) in the highest mountains. Precipitation is average with over 750 mm (30 in) per year only on the highest western mountains—much of it falling as snow, which allows for an extensive skiing industry. In the south-central parts of the country (around Bucharest) the level of precipitation drops to around 600 mm (24 in), while in the Danube Delta, rainfall levels are very low, and average only around 370 mm.

Because of Romania's geographic location, respectively the regional orographic peculiarities, there exists a varied range of local winds. Humid winds from the northwest are most common, but often the drier winds from the northeast are strongest. A hot southwesterly wind, the austru (cf. lat. Auster), blows over western Romania, particularly in summer. In winter, cold and dense air masses encircle the eastern portions of the country, with the cold northeasterly known as the crivăţ blowing in from the Russian Plain, and oceanic air masses from the Azores, in the west, bring rain and mitigate the severity of the cold. Other wind types present locally are nemirul, black wind, foehn, băltăreţul, zephyr, cosava etc. Romania enjoys four seasons, though there is a rapid transition from winter to summer. Autumn is frequently longer, with dry warm weather from September to late November.

People & Society

Romanians are ethnically distinct from their Slav and Hungarian (Magyar) neighbors. Hungarians are the largest minority, living mainly in Transylvania. They are protected by the influence of Hungary, unlike the Roma, who suffer from discrimination. The overall population is shrinking.

Bucharest is the capital and the largest city in Romania. At the census in 2002, its population was over 1.9 million. The LUZ area of Bucharest has a population of 2,192,372 inhabitants. As of 2011, there are plans to establish a metropolitan area up to 20 times the area of the city proper.

Romania has five other cities that are among the European Union's 100 most populous. These are Iaşi, Timişoara, Cluj-Napoca, Constanţa, and Craiova. Other cities with populations over 200,000 are Galaţi, Braşov, Ploieşti, Brăila and Oradea. Another 14 cities have a population of over 100,000.

At present, several of the largest cities have a metropolitan area: Constanţa (446,595 inhab.), Iaşi (402,786 inhab.), Braşov (402,041 inhab.), Cluj-Napoca (379,705 inhab.), Craiova (333,834 inhab.) and Oradea (249,746 inhab.), and several others are planned: Bucharest, Timişoara, Brăila-Galaţi, Bacău and Ploieşti.

Rural areas represent about 90% of total area of the country, and their share – among the highest in Europe – amounts to 47.3% of the total population. In December 2006 Romania had 2,854 communes, consisting of 12,951 villages. The average population of a Romanian village is about 800 people.

Economy

With a GDP of around $254 billion and a GDP per capita (PPP) of $11,860 for the year 2010, Romania is an upper-middle income country economy and has been part of the European Union since 1 January 2007.

After the Communist regime was overthrown in late 1989, the country experienced a decade of economic instability and decline, led in part by an obsolete industrial base and a lack of structural reform. From 2000 onwards, however, the Romanian economy was transformed into one of relative macroeconomic stability, characterised by high growth, low unemployment and declining inflation. In 2006, according to the Romanian Statistics Office, GDP growth in real terms was recorded at 7.7%, one of the highest rates in Europe. Growth dampened to 6.1% in 2007, but was expected to exceed 8% in 2008 because of a high production forecast in agriculture (30–50% higher than in 2007). The GDP grew by 8.9% in the first nine months of 2008, but growth fell to 2.9% in the fourth quarter and stood at 7.1% for the whole 2008 because of the financial crisis. Thereafter, the country fell into a recession in 2009 and 2010, where the GDP contracted −7.1% and −1.3% respectively. It is estimated by the IMF that the GDP will grow again by 1.5% in 2011 and 4.4% in 2012.

According to Eurostat data, the Romanian PPS GDP per capita stood at 45% of the EU average in 2010. Inflation in 2010 was 6.1%. Unemployment in Romania was at 7.6% in 2010, which is very low compared to other middle-sized or large European countries such as Poland, France and Spain. General government gross debt is also comparatively low, at 34.8% of GDP. Exports have increased substantially in the past few years, with a 13% annual rise in exports in 2010. Romania's main exports are cars, software, clothing and textiles, industrial machinery, electrical and electronic equipment, metallurgic products, raw materials, military equipment, pharmaceuticals, fine chemicals, and agricultural products (fruits, vegetables, and flowers). Trade is mostly centred on the member states of the European Union, with Germany and Italy being the country's single largest trading partners. The current account balance in 2010 held a deficit of $6.842 billion.

After a series of privatisations and reforms in the late 1990s and early 2000s, government intervention in the Romanian economy is somewhat lower than in other European economies. In 2005, the government replaced Romania's progressive tax system with a flat tax of 16% for both personal income and corporate profit, resulting in the country having the lowest fiscal burden in the European Union, a factor which has contributed to the growth of the private sector. The economy is predominantly based on services, which account for 51.2% of GDP, even though industry and agriculture also have significant contributions, making up 36% and 12.8% of GDP, respectively. Additionally, 29.6% of the Romanian population was employed in 2006 in agriculture and primary production, one of the highest rates in Europe.

Since 2000, Romania has attracted increasing amounts of foreign investment, becoming the single largest investment destination in Southeastern and Central Europe. Foreign direct investment was valued at €8.3 billion in 2006. According to a 2006 World Bank report, Romania currently ranks 55th out of 175 economies in the ease of doing business, scoring higher than other countries in the region such as the Czech Republic. Additionally, the same study judged it to be the world's second-fastest economic reformer (after Georgia) in 2006.

The average gross wage per month in Romania was 1855 lei in May 2009, equating to €442.48 (US$627.70) based on international exchange rates, and $1110.31 based on purchasing power parity. In 2009 the Romanian economy contracted as a result of the global economic downturn. Gross domestic product contracted 7.2% in the fourth quarter of 2009 from the same period a year earlier, and the budget deficit for 2009 reached 7.2% of GDP. Industrial output growth however reached 6.9% year-on-year in December 2009, the highest in the EU-27.

Tourism focuses on the country's natural landscapes and its rich history and is a significant contributor to the Romanian economy. In 2006, the domestic and international tourism generated about 4.8% of gross domestic product and 5.8% of the total jobs (about half a million jobs). Following commerce, tourism is the second largest component of the services sector. Tourism is one of the most dynamic and fastest developing sectors of the economy of Romania and characterized by a huge potential for development.

According to the World Travel and Tourism Council, Romania is the fourth fastest growing country in the world in terms of travel and tourism total demand with a yearly potential growth of 8% from 2007 to 2016. The number of tourists grew from 4.8 million in 2002 to 6.6 million in 2004. Similarly, the revenues grew from 400 million in 2002 to 607 in 2004. In 2006, Romania registered 20 million overnight stays by international tourists, an all-time record, but the number for 2007 is expected to increase even more. Tourism in Romania attracted €400 million in investments in 2005.

Over the last years, Romania has emerged as a popular tourist destination for many Europeans (more than 60% of the foreign visitors were from EU countries), thus attempting to compete with Bulgaria, Greece, Italy and Spain. Romania destinations such as Mangalia, Saturn, Venus, Neptun, Olimp, Constanţa and Mamaia (sometimes called the Romanian Riviera) are among the most popular attraction during summer. During winter, the skiing resorts along the Valea Prahovei and Poiana Braşov are popular with foreign visitors.

For their medieval atmosphere and castles, Transylvanian cities such as Sibiu, Braşov, Sighişoara, Cluj-Napoca, Târgu Mureş or Miercurea Ciuc have become major touristic attractions for foreigners. Rural tourism, focusing on folklore and traditions, has become an important alternative recently, and is targeted to promote such sites as Bran and its Dracula's Castle, the Painted churches of Northern Moldavia, the Wooden churches of Maramureş and Sălaj, or the Merry Cemetery in Maramureş County (Săpânţa). Other major natural attractions in Romania such as Danube Delta, Iron Gates (Danube Gorge), Scărişoara Cave and several other caves in the Apuseni Mountains have yet to receive great attention.

In terms of tourism potential, Romania benefits from splendid cities, scattered on the smooth plains or high peaks. These include Sibiu, city built by Saxons, with cobblestone streets and colorful houses. In the picturesque town of Hunedoara can be visited the Hunyad Castle, one of the most important monuments of Gothic architecture in Transylvania. Also, the resorts (Băile Felix, Băile Herculane, Băile Tuşnad etc.) are points of interest for local and foreign tourists. The Romanian seaside is the most exploited tourist area of Romania. In 2009, Romania's Black Sea seaside was visited by 1.3 million tourists, of which 40,000 were foreign. The shore is very varied, formed by slightly wavy shapes, with emphasized capes and extended deep bays into the Dobrogea valleys, with cliffs, beaches and sand cords. In Târgu Jiu can be seen the sculptures of Constantin Brâncuşi (1876–1957), Romanian sculptor with overwhelming contributions to the renewal of plastic language and vision in the contemporary sculpture. These include The Endless Column, The Gate of the Kiss, The Table of Silence, which together represent the three parts of monumental sculpture of Sculptural Ensemble of Constantin Brâncuşi at Târgu Jiu. Also, in the Bihor Mountains is a complex system of caves (Bear Cave, Scărişoara Cave etc.), that continues throughout the Piatra Craiului Mountains, Rodna Mountains, respectively Anina Mountains (Comarnic Cave).

Russian Federation

EUROPE / ASIA

The Russian Federation was the core of the old Soviet Union, which broke up in 1991. Russia is still the world's largest state. Its diversity is a source of both strength and problems.

OFFICIAL NAME: Russian Federation
DATE OF FORMATION: 1480
CAPITAL: Moscow
POPULATION: 142 million
TOTAL AREA: 6,592,735 sq. miles (17,075,200 sq. km)
DENSITY: 21 people per sq. mile
LANGUAGES: Russian*, other
RELIGIONS: Orthodox Christian 75%, Muslim 14%, other 11%
ETHNIC MIX: Russian 80%, other 13%, Tatar 4%, Ukrainian 2%, Chavash 1%
GOVERNMENT: Mixed presidential– parliamentary system
CURRENCY: Russian rouble = 100 kopeks

Geography

Russia is the largest country in the world; its total area is 17,075,400 square kilometres (6,592,800 sq mi). There are 23 UNESCO World Heritage Sites in Russia, 40 UNESCO biosphere reserves, 40 national parks and 101 nature reserves. It lies between latitudes 41° and 82° N, and longitudes 19° E and 169° W.

Russia has a wide natural resource base, including major deposits of timber, petroleum, natural gas, coal, ores and other mineral resources.

The two widest separated points in Russia are about 8,000 km (4,971 mi) apart along a geodesic line. These points are: the boundary with Poland on a 60 km (37 mi) long Vistula Spit separating the Gdańsk Bay from the Vistula Lagoon; and the farthest southeast of the Kuril Islands. The points which are furthest separated in longitude are 6,600 km (4,101 mi) apart along a geodesic line. These points are: in the west, the same spit; in the east, the Big Diomede Island. The Russian Federation spans 9 time zones.

Most of Russia consists of vast stretches of plains that are predominantly steppe to the south and heavily forested to the north, with tundra along the northern coast. Russia possesses 10% of the world's arable land. Mountain ranges are found along the southern borders, such as the Caucasus (containing Mount Elbrus, which at 5,642 m (18,510 ft) is the highest point in both Russia and Europe) and the Altai (containing Mount Belukha, which at the 4,506 m (14,783 ft) is the highest point of Siberia outside of the Russian Far East); and in the eastern parts, such as the Verkhoyansk Range or the volcanoes of Kamchatka Peninsula (containing Klyuchevskaya Sopka, which at the 4,750 m (15,584 ft) is the highest active volcano in Eurasia as well as the highest point of Asian Russia). The Ural Mountains, rich in mineral resources, form a north-south range that divides Europe and Asia.

Russia has an extensive coastline of over 37,000 km (22,991 mi) along the Arctic and Pacific Oceans, as well as along the Baltic Sea, Sea of Azov, Black Sea and Caspian Sea. The Barents Sea, White Sea, Kara Sea, Laptev Sea, East Siberian Sea, Chukchi Sea, Bering Sea, Sea of Okhotsk, and the Sea of Japan are linked to Russia via the Arctic and Pacific. Russia's major islands and archipelagos include Novaya Zemlya, the Franz Josef Land, the Severnaya Zemlya, the New Siberian Islands, Wrangel Island, the Kuril Islands, and Sakhalin. The Diomede Islands (one controlled by Russia, the other by the U.S.) are just 3 km (1.9 mi) apart, and Kunashir Island is about 20 km (12.4 mi) from Hokkaidō, Japan.

Russia has thousands of rivers and inland bodies of water providing it with one of the world's largest surface water resources. The largest and most prominent of Russia's bodies of fresh water is Lake Baikal, the world's deepest, purest, oldest and most capacious fresh water lake. Baikal alone contains over one fifth of the world's fresh surface water. Other major lakes include Ladoga and Onega, two of the largest lakes in Europe. Russia is second only to Brazil in volume of the total renewable water resources. Of the country's 100,000 rivers, the Volga is the most famous, not only because it is the longest river in Europe, but also because of its major role in Russian history. The Siberian rivers Ob, Yenisey, Lena and Amur are among the very longest rivers in the world.

Climate

Owing to its distance from the open sea and position on the southeastern portion of the European continent, Romania has a climate that is transitional between temperate and continental, with four distinct seasons. The average annual temperature is 11 °C (52 °F) in the south and 8 °C (46 °F) in the north. The extreme recorded temperatures were 44.5 °C (112.1 °F) at Ion Sion in 1951 and −38.5 °C (−37.3 °F) at Bod in 1942.

Spring is pleasant with cool mornings and nights and warm days. Summers are generally very warm to hot, with summer (June to August) average maximum temperatures in Bucharest rising to 28 °C (82 °F), and temperatures over 35 °C (95 °F) fairly common in the lower-lying areas of the country. Minima in Bucharest and other lower-lying areas are around 16 °C (61 °F). Autumn is dry and cool, with fields and trees producing colorful foliage. Winters can be cold, with average maxima even in lower-lying areas reaching no more than 2 °C (36 °F) and below −15 °C (5 °F) in the highest mountains. Precipitation is average with over 750 mm (30 in) per year only on the highest western mountains—much of it falling as snow, which allows for an extensive skiing industry. In the south-central parts of the country (around Bucharest) the level of precipitation drops to around 600 mm (24 in), while in the Danube Delta, rainfall levels are very low, and average only around 370 mm.

Because of Romania's geographic location, respectively the regional orographic peculiarities, there exists a varied range of local winds. Humid winds from the northwest are most common, but often the drier winds from the northeast are strongest. A hot southwesterly wind, the austru (cf. lat. Auster), blows over western Romania, particularly in summer. In winter, cold and dense air masses encircle the eastern portions of the country, with the cold northeasterly known as the crivăţ blowing in from the Russian Plain, and oceanic air masses from the Azores, in the west, bring rain and mitigate the severity of the cold. Other wind types present locally are nemirul, black wind, foehn, băltăreţul, zephyr, cosava etc. Romania enjoys four seasons, though there is a rapid transition from winter to summer. Autumn is frequently longer, with dry warm weather from September to late November.

People & Society

Besides the ethnic Russian majority, there are 57 "nationalities" with territorial status, and a further 95 minorities without their own region. Most ethnic republics are in European Russia. The number of Muslims is rising, though the
overall population is predicted to fall by 30% in 50 years. Nation-based separatism is brutally suppressed, as in Chechnya. HIV/AIDS is spreading. Healthcare and education are underfunded. Crime is a serious problem.

Russia's birth-rate is higher than that of most European countries (12.6 births per 1000 people in 2010 compared to the European Union average of 9.90 per 1000), while the death rate is substantially higher (in 2010, Russia's death rate was 14.3 per 1000 people compared to the EU average of 10.28 per 1000). However, the Russian Ministry of Health and Social Affairs predicts that by 2011 the death rate will equal the birth rate due to increase in fertility and decline in mortality. The government is implementing a number of programs designed to increase the birth rate and attract more migrants. Monthly government child assistance payments were doubled to US$55, and a one-time payment of US$9,200 was offered to women who had a second child since 2007. In 2009 Russia saw the highest birth rate since the dissolution of the Soviet Union.

The Russian Constitution guarantees free, universal health care for all citizens. In practice, however, free health care is partially restricted due to mandatory registration. While Russia has more physicians, hospitals, and health care workers than almost any other country in the world on a per capita basis, since the dissolution of the Soviet Union the health of the Russian population has declined considerably as a result of social, economic, and lifestyle changes; the trend has been reversed only in the recent years, with average life expectancy having increased 2.4 years for males and 1.4 years for females between 2006–09.

Economy

Russia has a market economy with enormous natural resources, particularly oil and natural gas. It has the 10th largest economy in the world by nominal GDP and the 6th largest by purchasing power parity (PPP). Since the turn of the 21st century, higher domestic consumption and greater political stability have bolstered economic growth in Russia. The country ended 2008 with its ninth straight year of growth, averaging 7% annually between 2000 and 2008. Real GDP per capita, PPP (current international $) was 19,840 in 2010. Growth was primarily driven by non-traded services and goods for the domestic market, as opposed to oil or mineral extraction and exports. The average nominal salary in Russia was $640 per month in early 2008, up from $80 in 2000. In the end of 2010 the average nominal monthly wages reached 21,192 RUR (or $750 USD), while tax on the income of individuals is payable at the rate of 13% on most incomes. Approximately 13.7% of Russians lived below the national poverty line in 2010, significantly down from 40% in 1998 at the worst point of the post-Soviet collapse. Unemployment in Russia was at 6% in 2007, down from about 12.4% in 1999. The middle class has grown from just 8 million persons in 2000 to 55 million persons in 2006.

Oil, natural gas, metals, and timber account for more than 80% of Russian exports abroad. Since 2003, however, exports of natural resources started decreasing in economic importance as the internal market strengthened considerably. Despite higher energy prices, oil and gas only contribute to 5.7% of Russia's GDP and the government predicts this will drop to 3.7% by 2011. Oil export earnings allowed Russia to increase its foreign reserves from $12 billion in 1999 to $597.3 billion on 1 August 2008, the third largest foreign exchange reserves in the world. The macroeconomic policy under Finance Minister Alexei Kudrin was prudent and sound, with excess income being stored in the Stabilization Fund of Russia. In 2006, Russia repaid most of its formerly massive debts, leaving it with one of the lowest foreign debts among major economies. The Stabilization Fund helped Russia to come out out of the global financial crisis in a much better state than many experts had expected.

A simpler, more streamlined tax code adopted in 2001 reduced the tax burden on people and dramatically increased state revenue. Russia has a flat tax rate of 13 percent. This ranks it as the country with the second most attractive personal tax system for single managers in the world after the United Arab Emirates. According to Bloomberg, Russia is considered well ahead of most other resource-rich countries in its economic development, with a long tradition of education, science, and industry. The country has more higher education graduates than any other country in Europe.

The economic development of the country has been uneven geographically with the Moscow region contributing a very large share of the country's GDP. Another problem is modernisation of infrastructure, ageing and inadequate after years of being neglected in 1990s; the government has said $1 trillion will be invested in development of infrastructure by 2020.

The total area of cultivated land in Russia was estimated as 1,237,294 km^2 in 2005, the fourth largest in the world. In 1999–2009, Russia's agriculture demonstrated steady growth, and the country turned from a grain importer to the third largest grain exporter after EU and USA. The production of meat has grown from 6,813,000 tonnes in 1999 to 9,331,000 tonnes in 2008, and continues to grow.

This restoration of agriculture was supported by credit policy of the government, helping both individual farmers and large privatized corporate farms, that once were Soviet kolkhozes and still own the significant share of agricultural land. While large farms concentrate mainly on the production of grain and husbandry products, small private household plots produce most of the country's yield of potatoes, vegetables and fruits.

With access to three of the world's oceans—the Atlantic, Arctic, and Pacific—Russian fishing fleets are a major contributor to the world's fish supply. The total capture of fish was at 3,191,068 tons in 2005. Both exports and imports of fish and sea products grew significantly in the recent years, reaching correspondingly $2,415 and $2,036 millions in 2008.

The total area of cultivated land in Russia was estimated as 1,237,294 km^2 in 2005, the fourth largest in the world. In 1999–2009, Russia's agriculture demonstrated steady growth, and the country turned from a grain importer to the third largest grain exporter after EU and USA. The production of meat has grown from 6,813,000 tonnes in 1999 to 9,331,000 tonnes in 2008, and continues to grow.

This restoration of agriculture was supported by credit policy of the government, helping both individual farmers and large privatized corporate farms, that once were Soviet kolkhozes and still own the significant share of agricultural land. While large farms concentrate mainly on the production of grain and husbandry products, small private household plots produce most of the country's yield of potatoes, vegetables and fruits.

With access to three of the world's oceans—the Atlantic, Arctic, and Pacific—Russian fishing fleets are a major contributor to the world's fish supply. The total capture of fish was at 3,191,068 tons in 2005. Both exports and imports of fish and sea products grew significantly in the recent years, reaching correspondingly $2,415 and $2,036 millions in 2008.

Rwanda

AFRICA

Rwanda lies just south of the equator in east central Africa, far from the nearest sea port. Since independence from France in 1962, ethnic tensions have dominated politics.

OFFICIAL NAME: Republic of Rwanda
DATE OF FORMATION: 1962
CAPITAL: Kigali
POPULATION: 11.3 million
TOTAL AREA: 10,169 sq. miles (26,338 sq. km)
DENSITY: 1038 people per sq. mile
LANGUAGES: Kinyarwanda*, French*, Kiswahili, English*
RELIGIONS: Catholic 56%, traditional beliefs 25%, Muslim 10%, Protestant 9%
ETHNIC MIX: Hutu 90%, Tutsi 9%, other (including Twa) 1%
GOVERNMENT: Presidential system
CURRENCY: Rwanda franc = 100 centimes

Geography

At 26,338 square kilometres (10,169 sq mi), Rwanda is the world's 148th-largest country. It is comparable in size to Haiti or the state of Maryland in the United States, and it is a little larger than Wales. The entire country is at high altitude: the lowest point is the Ruzizi River at 950 metres (3,117 ft) above sea level. Rwanda is located in Central/Eastern Africa, and is bordered by the Democratic Republic of the Congo to the west, Uganda to the north, Tanzania to the east, and Burundi to the south. It lies a few degrees south of the equator and is landlocked. The capital, Kigali, is located near the centre of Rwanda.

The watershed between the major Congo and Nile drainage basins runs from north to south through Rwanda, with around 80% of the country's area draining into the Nile and 20% into the Congo via the Ruzizi River. The country's longest river is the Nyabarongo, which rises in the south-west, flows north, east, and south-east before merging with the Ruvubu to form the Kagera; the Kagera then flows due north along the eastern border with Tanzania. The Nyabarongo-Kagera eventually drains into Lake Victoria, and its source in Nyungwe Forest is a contender for the as-yet undetermined overall source of the Nile. Rwanda has many lakes, the largest being Lake Kivu. This lake occupies the floor of the Great Rift Valley along most of the length of Rwanda's western border, and with a maximum depth of 480 metres (1,575 ft), it is one of the twenty deepest lakes in the world. Other sizeable lakes include Burera, Ruhondo, Muhazi, Rweru, and Ihema, the last being the largest of a string of lakes in the eastern plains of Akagera National Park.

Mountains dominate central and western Rwanda; these mountains are part of a series of mountain chains which flank the Albertine branch of the Great Rift Valley; this branch runs from north to south along Rwanda's western border. The highest peaks are found in the Virunga Mountains volcano chain in the north-west; this includes Mount Karisimbi, Rwanda's highest point, at 4,507 metres (14,787 ft). This western section of the country, which lies within the Albertine Rift montane forests ecoregion, has an elevation of 1,500 metres (4,921 ft) to 2,500 metres (8,202 ft). The centre of the country is predominantly rolling hills, while the eastern border region consists of savanna, plains and swamps.

Climate

Rwanda has a temperate tropical highland climate, with lower temperatures than is typical for equatorial countries due to the high altitude. Kigali, in the centre of the country, has a typical daily temperature range between 12 °C (54 °F) and 27 °C (81 °F), with little variation through the year. There are some temperature variations across the country; the mountainous west is generally cooler than the lower-lying east. There are two rainy seasons in the year; the first runs from February to June and the second from September to December. These are separated by two dry seasons: the major one from June to September, during which there is often no rain at all, and a shorter and less severe one from December to February. Rainfall varies geographically, with the west and northwest of the country receiving more precipitation annually than the east and southeast.

People & Society

For over 500 years the cattleowning Tutsi minority were politically dominant over the land-owning Hutu. In 1959, violent revolt led to a reversal of the roles. Ethnic tensions are fierce; in the most recent violence, in 1994, over 800,000 people, mostly Tutsi, were massacred in an act of state-backed genocide; trials are ongoing. Most people live at subsistence level.

Rwanda has been a unified state since pre-colonial times with only one ethnic group, the Banyarwanda; this contrasts with most modern African states, whose borders were drawn by colonial powers and did not correspond to ethnic boundaries or pre-colonial kingdoms. Within the Banyarwanda people, there are three separate groups, the Hutus (84% of the population as of 2009), Tutsis (15%) and Twas (1%). Unlike the disparate ethnic groups of neighbouring Uganda and Tanzania, these three groups share a common culture and language and are classified as social groups rather than tribes. The Tutsis were traditionally the ruling class, from whom the Kings and the majority of chiefs were derived, while the Hutus were agriculturalists. The Twas are a pygmy people thought to descend from Rwanda's earliest inhabitants. The current government discourages the Hutu/Tutsi/Twa distinction, and has removed the classification from identity cards.

Most Rwandans are Christian, but there have been significant changes since the Genocide, with many conversions to Evangelical Christian faiths and Islam. As of 2006, Catholics represented 56.5 % of the population, Protestants 37.1 % (of whom 11.1 % were Seventh Day Adventists) and Muslims 4.6 %. 1.7 % claimed no religious beliefs. Traditional African religion, despite officially representing only 0.1 % of the population, retains an influence. Many Rwandans view the Christian God as synonymous with the traditional Rwandan God Imana.

The country's principal language is Kinyarwanda, which is spoken by most Rwandans. The major European language introduced during colonialism was French. The influx of former refugees from Uganda and elsewhere has created a linguistic divide between the English-speaking population and the French-speaking remainder of the country. Kinyarwanda, English and French are all official languages. Kinyarwanda is the language of government and English is the primary educational medium. Swahili, the lingua franca of East Africa, is also widely spoken, particularly in rural areas.

Economy

Rwanda's economy suffered heavily during the 1994 Genocide, with widespread loss of life, failure to maintain the infrastructure, looting and neglect of important cash crops. This caused a large drop in GDP and destroyed the country's ability to attract private and external investment. The economy has since strengthened, with per-capita GDP (PPP) estimated at $1,284 in 2011, compared with $416 in 1994. Major export markets include China, Germany and the United States. The economy is managed by the central National Bank of Rwanda and the currency is the Rwandan franc; in June 2010, the exchange rate was 588 francs to the United States dollar. Rwanda joined the East African Community in 2007 and there are plans for a common East African shilling, which could be in place by 2012.

Rwanda is a country of few natural resources, and the economy is based mostly on subsistence agriculture by local farmers using simple tools. An estimated 90% of the working population farms, and agriculture comprised an estimated 42.1% of GDP in 2010. Since the mid 1980s, farm sizes and food production have been decreasing, due in part to the resettlement of displaced people. Despite Rwanda's fertile ecosystem, food production often does not keep pace with population growth, and food imports are required.

Crops grown in the country include coffee, tea, pyrethrum, bananas, beans, sorghum and potatoes. Coffee and tea are the major cash crops for export, with the high altitudes, steep slopes and volcanic soils providing favourable conditions. Reliance on agricultural exports makes Rwanda vulnerable to shifts in their prices. Animals raised in Rwanda include cows, goats, sheep, pigs, chicken and rabbits, with geographical variation in the numbers of each. Production systems are mostly traditional, although there are a few intensive dairy farms around Kigali. Shortage of land, water shortage, insufficient and poor quality feed and regular disease epidemics with insufficient veterinary service are major constraints that restrict output. Fishing takes place on the country's lakes, but stocks are very depleted, and live fish are being imported in an attempt to revive the industry.

The industrial sector is small, contributing 14.3% of GDP in 2010. Products manufactured include cement, agricultural products, small-scale beverages, soap, furniture, shoes, plastic goods, textiles and cigarettes. Rwanda's mining industry is an important contributor, generating US$93 million in 2008. Minerals mined include cassiterite, wolframite, gold and coltan, which is used in the manufacture of electronic and communication devices such as mobile phones.

Rwanda's service sector suffered during the late-2000s recession as banks reduced lending and foreign aid projects and investment were reduced. The sector rebounded in 2010, becoming the country's largest sector by economic output and contributing 43.6% of the country's GDP. Key tertiary contributors include banking and finance, wholesale and retail trade, hotels and restaurants, transport, storage, communication, insurance, real estate, business services and public administration including education and health. Tourism is one of the fastest-growing economic resources and is now the country's leading foreign exchange earner, generating US$214 million in 2008, up by 54% on the previous year. Despite the Genocide, the country is increasingly perceived internationally as a safe destination; 980,577 people visited the country in 2008, up from 826,374 in 2007. The country's most popular tourist activity is the tracking of mountain gorillas, which takes place in Volcanoes National Park. Other attractions include Nyungwe Forest, home to chimpanzees, Ruwenzori colobus and other primates, the resorts of Lake Kivu, and Akagera, a small savanna reserve in the east of the country.

St. Kitts & Nevis

NORTH & CENTRAL AMERICA

A popular Caribbean tourist destination, St. Kitts and Nevis lies in the northern part of the Leeward Island chain. Nevis is the smaller and less developed of the two islands.

OFFICIAL NAME: Federation of Saint Christopher and Nevis
DATE OF FORMATION: 1983
CAPITAL: Basseterre
POPULATION: 51,300
TOTAL AREA: 101 sq. miles (261 sq. km)
DENSITY: 332 people per sq. mile
LANGUAGES: English*, English Creole
RELIGIONS: Anglican 33%, Methodist 29%, other 22%, Moravian 9%, Roman Catholic 7%
ETHNIC MIX: Black 95%, Mixed race 3%, White 1%, other and Amerindian 1%
GOVERNMENT: Parliamentary system
CURRENCY: East Caribbean $ = 100 cents

Geography

The country has two main islands, Saint Kitts and Nevis. The highest peak, at 1,156 metres, is Mount Liamuiga.

The islands are of volcanic origin, with large central peaks covered in tropical rainforest; the steeper slopes leading to these peaks are mostly uninhabited. The majority of the population on both islands lives closer to the sea where the terrain flattens out. There are numerous rivers descending from the mountains of both islands, which provide fresh water to the local population. St. Kitts also has one small lake.

The island of St. Kitts is composed almost exclusively of volcanic rocks of andesite or dacite mineralogy. Its geology is similar to that of other volcanic islands in the Lesser Antillean Archipelago. The islands are the summits of a submerged mountain range which forms the eastern boundary of what is known as the Caribbean Tectonic Plate. St. Kitts is oriented northwest-southeast, about 80 km long and 16 km wide. The entire island archipelago is geologically young, having begun to form probably less than 50 million years ago, during the Miocene era. Volcanic activity occurred along the ridges of this arc during the Miocene era and has continued since.

Nevis is a volcanic island that began its formation in mid-Pliocene times (approximately 3.45 million years ago). However, the island comprises a number of discrete eruptive centers that range in age from mid-Pliocene to Pleistocene, these prevent any single model of the island's geological evolution. The geology of Nevis can be subdivided into four informal units: Volcanic of the eruptive centers, volcanigenic rocks - pyroclastics and lahars, fluviatile and lacustrine deposits, and raised beaches.

Climate

The climate of St. Kitts and Nevis is classified as tropical marine with a wet and a dry season. Generally, steady northeast trade winds and tropical oceanic cyclonic movements influence it. Furthermore, the islands enjoy warm even temperatures with a mean of approximately 24–27 °C (75.2–80.6 °F) and the humidity is low at 71%. Seasonal and diurnal variations in temperature are small. Rainfall is mainly orographic and increases in amount and frequency with the altitude. Except for the Southeast Peninsula which is very dry, mean annual rainfall ranges from about 16 inches (406 mm) in the coastal areas, to about 60 inches (1,524 mm) in the central mountain ranges but, from May to October rainfall is heavier while temperatures are a little hotter.

Although the hurricane season officially lasts from June to November, most hurricanes hit during August-November. The 1998 & 1999 Atlantic hurricane season produced 3 hurricanes which battered St.Kitts & Nevis.

Hurricane Georges in 1998 produced strong winds of up to 115 mph (185 km/h) while passing over St.Kitts, downing power lines, telephone lines, and trees across the island. Lack of electricity resulted in damage to water facilities, as well. Georges's high winds caused extensive property damage, damaging 80-85% of the houses on the island, and destroying 20-25% of homes. Many schools, businesses, hospitals, and government buildings lost their roofs, while the airport experienced severe damage to its main terminal and control tower, limiting flights to the daytime. St. Kitts' economy was disrupted from severe agricultural losses, including the devastation of 50% of their sugar crop. In addition, damaged hotels and piers created a long-term impact through lack of tourism - an industry the island relies on. In all, Hurricane Georges caused 5 fatalities, left 3,000 homeless, and resulted in $445 million (1998 USD) in damage on the island. Nevis fared better. Like on St. Kitts, high winds downed power and telephone lines, damaging the water system there. 35% of homes on the island were damaged, though none were destroyed. Rainfall and debris killed several hundred livestock and seriously damaged coconut trees, amounting to $2.5 million (1998 USD) in agricultural damage. There were no casualties reported on the island, and damaged amounted to $39 million (1998 USD).

Hurricane Jose in 1999 cause minor damage because the hurricane passed northward and flooding was the principal hazard as several main roads were washed out and landslides were reported. Rainfall were 12 to 15 inches (305 to 381 mm).

Also in 1999, Hurricane Lenny became the strongest Atlantic hurricane ever recorded in the month of November. Hurricane Lenny's storm track was unique in the recorded history of hurricanes. It started life tracking across the Atlantic as a tropical depression and tropical storm in the normal direction (east to west). Then it stalled, changed direction completely, became hurricane-strength and progressing west-to-east through the Caribbean Sea. This triggered storm surge, strong winds, and 12-foot (3.7 m) waves on the more vulnerable western coasts of St. Kitts and Nevis, causing significant beach erosion and flooding. Lenny dumped 20–25 inches (508–635 mm) of rain.

People & Society

The majority of the population are descended from former African slaves. There are small numbers of Europeans, and South Asians, and a community of Lebanese. Levels of emigration are high, and overseas remittances are an important source of national income. The government has pledged to retrain sugar workers. Native professionals and civil servants have largely replaced the former expatriate elite. The secessionist movement on Nevis remains an issue.

Saint Kitts and Nevis is known for a number of musical celebrations including Carnival (18 December to 3 January on Saint Kitts). The last week in June features the St Kitts Music Festival, while the week-long Culturama on Nevis lasts from the end of July into early August.

Additional festivals on the island of Saint Kitts include Inner City Fest, in February in Molineaux; Green Valley Festival, usually around Whit Monday in village of Cayon; Easterama, around Easter in village of Sandy Point; Fest-Tab, in July or August in the village of Tabernacle; and La festival de Capisterre, around Independence Day in Saint Kitts and Nevis (19 September), in the Capisterre region. These celebrations typically feature parades, street dances and salsa, jazz, soca, calypso and steelpan music.

Economy

Saint Kitts and Nevis is a twin-island federation whose economy is characterised by its dominant tourism, agriculture and light manufacturing industries. Sugar was the primary export from the 1640s on, but rising production costs, low world market prices, and the government's efforts to reduce dependence on it have led to a growing diversification of the agricultural sector. In 2005, the government decided to close down the state-owned sugar company, which had experienced losses and was a significant contributor to the fiscal deficit. Former sugar plantations still dominate the St. Kitts landscape, however many of the cane fields are being burned to make room for land development, especially on the northern side of the island, in the parishes of Saint John Capisterre and Christchurch. The agricultural, tourism, export-oriented manufacturing, and offshore-banking sectors are being developed and are now taking larger roles in the country's economy. The growth of the tourism sector has become the main foreign exchange earner for Saint Kitts and Nevis. The country has also developed a successful apparel assembly industry and one of the largest electronics assembly industries in the Caribbean.

St. Kitts is dependent on tourism to drive its economy. Tourism to the island has been expanding since 1978. 2010's figures are still being calculated, but in 2009 there were 587,479 arrivals to Saint Kitts compared to 379,473 in 2007. This growth represents an increase of just under 40% in a 2 year period. As tourism grows the demand for vacation property increases in conjunction.

Being one of the Caribbean islands, St. Kitts allows foreigners to obtain the status of St. Kitts citizen by means of a government sponsored investment program called Citizenship-by-Investment. Established in 1984, St. Kitts' citizenship program is the oldest economic citizenship program of this kind in this world. This well regulated, legitimate program has international approval and acceptance.

St. Kitts' Citizenship-by-Investment program is unique in that it offers a plethora of benefits;

Each candidate must go through several legal steps and should complete certain legal requirements to get qualified for citizenship by investment program

St Kitts & Nevis also acquires foreign direct investment from their unique citizenship by investment program.

In addition to this, in hopes of expanding tourism, the country hosts its annual St. Kitts Music Festival.

Continued development from within Saint Kitts is planned and it will continue to support future economic growth of the Island.

St. Lucia

NORTH & CENTRAL AMERICA

St. Lucia is one of the most beautiful of the Caribbean Windward Islands. Ruled by France and the UK at different times in its past, the island retains the character of both.

OFFICIAL NAME: Saint Lucia
DATE OF FORMATION: 1979
CAPITAL: Castries
POPULATION: 173,765
TOTAL AREA: 239 sq. miles (620 sq. km)
DENSITY: 730 people per sq. mile
LANGUAGES: English*, French Creole
RELIGIONS: Roman Catholic 90%, other 10%
ETHNIC MIX: Black 83%, Mixed race 13%, Asian 3%, White 1%
GOVERNMENT: Parliamentary system
CURRENCY: East Caribbean dollar = 100 cents

Geography

Saint Lucia is one of many small land masses composing the insular group known as the Windward Islands. Unlike large limestone areas such as Florida, Cuba, and the Yucatan Peninsula, or the Bahamas, which is a small island group composed of coral and sand, St. Lucia is a typical Windward Island formation of volcanic rock that came into existence long after much of the region had already been formed.

St. Lucia's physical features are strikingly beautiful. Dominated by high peaks and rain forests in the interior, the 616-square-kilometer (238-square-mile) island is known for the twin peaks of Gros Piton and Petit Piton on the southwestern coast, its soft sandy beaches, and its magnificent natural harbors. Mount Gimie, the highest peak, is located in the central mountain range and rises to 958 meters (3,143 ft) above sea level, a contrast that is also evident in the abrupt climatic transition from coastal to inland areas. The steep terrain also accentuates the many rivers that flow from central St. Lucia to the Caribbean. Fertile land holdings, which support banana farming, are scattered throughout the island.

St. Lucia has a tropical, humid climate moderated by northeast trade winds that allow for pleasant year-round conditions. Mean annual temperatures range from 26 °C (78.8 °F) to 32 °C (89.6 °F) at sea level and drop to an average of 13 °C (55.4 °F) in the mountain peaks. The abundant annual rainfall accumulates to approximately 2,000 millimeters (78.7 in), with most precipitation occurring during the June to December wet season. Hurricanes are the most severe climatic disturbance in this area and have been known to cause extensive damage. Although St. Lucia has historically been spared from serious hurricane destruction, Hurricane Allen decimated the agricultural sector and claimed nine lives in 1980.

Climate

Saint Lucia is in the tropical zone, although its climate is moderated by northeast trade winds. Since it's fairly close to the equator, the temperature doesn't fluctuate much between winter and summer. The dry season is from December to June, and the rainy season is from June to November. Average daytime temperatures are around 29 °C (84.2 °F), and average nighttime temperatures are around 18 °C (64.4 °F). Average annual rainfall ranges from 1,300 mm (51.2 in) on the coast to 3,810 mm (150 in) in the mountain rainforests.

People & Society

Population is a tension-free mixture of descendants of Africans, Caribs, and Europeans. Family life and the Roman Catholic Church are important to most St. Lucians. In rural areas, women often head the households and run much of the farming. Plantation and hotel owners are the richest group. There is growing local resistance to overdevelopment of the island for tourism.

Public expenditure on health was at 3.3 % of the GDP in 2004, whereas private expenditure was at 1.8 %. Health expenditure was at US$ 302 (PPP) per capita in 2004. Infant mortality was at 12 per 100,000 births in 2005. There is one public hospital and one private hospital in St Lucia. There was a second, but it was burnt down in a fire in the early hours of September 9, 2009.

Economy

An educated workforce and improvements in roads, communications, water supply, sewerage, and port facilities have attracted foreign investment in tourism and in petroleum storage and transshipment. However, with the U.S., Canada, and Europe in recession, tourism declined by double digits in early 2009. Because of fluctuations in banana prices and possible World Trade Organization–imposed reductions in European Union trade preferences. The recent change in the European Union import preference regime and the increased competition from Latin American bananas have made economic diversification increasingly important in Saint Lucia. The island nation has been able to attract foreign business and investment, especially in its offshore banking and tourism industries, which is the island's main source of revenue. The manufacturing sector is the most diverse in the Eastern Caribbean area, and the government is trying to revitalize the banana industry. Despite negative growth in 2001, economic fundamentals remain solid, and GDP growth should recover in the future.

Inflation has been relatively low, averaging 5.5 percent between 2006 and 2008. Saint Lucia's currency is the Eastern Caribbean Dollar (EC$), a regional currency shared among members of the Eastern Caribbean Currency Union (ECU). The Eastern Caribbean Central Bank (ECCL) issues the EC$, manages monetary policy, and regulates and supervises commercial banking activities in member countries. In 2003, the government began a comprehensive restructuring of the economy, including elimination of price controls and privatization of the state banana company.

Tourism is vital to Saint Lucia's economy. Its economic importance is expected to continue to increase as the market for bananas becomes more competitive. Tourism tends to be more substantial during the dry season (January to April). Saint Lucia tends to be popular due to its tropical weather and scenery and its numerous beaches and resorts.

Other tourist attractions include a drive-in volcano, Sulphur Springs (at Soufrière), the Botanical Gardens, the Majestic twin Peaks "The Pitons", A world heritage site, the rain forests, and Pigeon Island National Park, which is home to Fort Rodney, an old British military base.

The majority of tourists visit Saint Lucia as part of a cruise. Most of their time tends to be spent in Castries, although Soufriere, Marigot Bay and Gros Islet are popular locations to visit.

St. Vincent & the Grenadines

NORTH & CENTRAL AMERICA

The islands of St. Vincent and the Grenadines form part of the Windward group in the Caribbean. St. Vincent is mostly volcanic, while the Grenadines are flat, mainly bare, coral reefs.

OFFICIAL NAME: Saint Vincent and the Grenadines
DATE OF FORMATION: 1979
CAPITAL: Kingstown
POPULATION: 120,000
TOTAL AREA: 150 sq. miles (389 sq. km)
DENSITY: 834 people per sq. mile
LANGUAGES: English*, English Creole
RELIGIONS: Anglican 47%, Methodist 28%, Roman Catholic 13%, other 12%
ETHNIC MIX: Black 77%, Mixed race 16%, other 3%, Carib 3%, Asian 1%
GOVERNMENT: Parliamentary system
CURRENCY: East Caribbean dollar = 100 cents

Geography

Saint Vincent and the Grenadines lies to the west of Barbados south of Saint Lucia and north of Grenada in the Windward Islands of the Lesser Antilles, an island arc of the Caribbean Sea. The islands of Saint Vincent and the Grenadines include the main island of Saint Vincent (344 km^2/133 sq mi) and the northern two-thirds of the Grenadines (45 km^2/17 sq mi), which are a chain of small islands stretching south from Saint Vincent to Grenada.

The island of Saint Vincent is volcanic and includes little level ground. The windward side of the island is very rocky, while the leeward side has more sandy beaches and bays. The country's highest peak is La Soufrière volcano.

Climate

Tropical, with constant trade winds. Hurricanes are likely during July– November wet season.

People & Society

Population is racially diverse; intermarriage has reduced tensions. Society is informal and relaxed, but family life is strongly influenced by the Christian Church. Locals fear that their traditional lifestyle is being threatened by the expanding tourist industry.

Economy

Agriculture, dominated by banana production, is the most important sector of this lower-middle-income economy. The services sector, based mostly on a growing tourist industry, is also important. The government has been relatively unsuccessful at introducing new industries, and a high unemployment rate of 22% continues.The continuing dependence on a single crop represents the biggest obstacle to the islands' development. Tropical storms wiped out substantial portions of crops in both 1994 and 1995.

The tourism sector has considerable potential for development. The recent filming of the Pirates of the Caribbean movies on the island has helped to expose the country to the wider world. Recent growth has been stimulated by strong activity in the construction sector and an improvement in tourism.

An international airport is currently under construction. There is a small manufacturing sector and a small offshore financial sector whose particularly restrictive secrecy laws have caused some international concern. In addition, the natives of Bequia are permitted to hunt up to four Humpback Whales per year under IWC subsistence quotas.

Samoa

AUSTRALASIA & OCEANIA

The Pacific islands of Samoa gained independence from New Zealand in 1962. Four of the nine volcanic islands are inhabited – Apolima, Manono, Savai'i, and Upolu.

OFFICIAL NAME: Independent State of Samoa
DATE OF FORMATION: 1962
CAPITAL: Apia
POPULATION: 179,000
TOTAL AREA: 1104 sq. miles (2860 sq. km)
DENSITY: 164 people per sq. mile
LANGUAGES: Samoan*, English*
RELIGIONS: Christian 99%, other 1%
ETHNIC MIX: Polynesian 90%, Euronesian (mixed European and Polynesian) 9%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Tala = 100 sene

Geography

The country is located east of the international date line but in 2011, Samoan Prime Minister Tuilaepa Sailele announced his country would move the International Date Line to the east of the country, so that Samoa would lie to the west of the date line.

Samoa is south of the equator, about halfway between Hawai'i and New Zealand in the Polynesian region of the Pacific Ocean. The total land area is 2,934 km² (1,133 sq mi) (slightly smaller than the U.S. state of Rhode Island), consisting of the two large islands of Upolu and Savai'i which account for 99% of the total land area, and eight small islets. The land area is about the size of the two Hawaii islands Oahu and Maui combined.

These are the three islets in the Apolima Strait (Manono Island, Apolima and Nu'ulopa), the four Aleipata Islands off the eastern end of Upolu (Nu'utele, Nu'ulua, Namua, and Fanuatapu), and Nu'usafe'e (less than 0.01 km² - 2½ acres - in area and about 1.4 km (0.9 mi) off the south coast of Upolu at the village of Vaovai). The main island of Upolu is home to nearly three-quarters of Samoa's population, and its capital city is Apia.

The Samoan islands have been produced by vulcanism, the source of which is the Samoa hotspot which is probably the result of a mantle plume. While all of the islands have volcanic origins, only Savai'i, the western most island in Samoa, is volcanically active with the most recent eruptions in Mt Matavanu (1905–1911), Mata o le Afi (1902) and Mauga Afi (1725). The highest point in Samoa is Mt Silisili, at 1858 m (6,096 ft). The Saleaula lava fields situated on the central north coast of Savai'i are the result of the Mt Matavanu eruptions which left 50 km² (20 sq mi) of solidified lava.

The climate is equatorial/monsoonal, with an average annual temperature of 26.5°C (79.7°F), and a rainy season from November to April. Savai'i is the largest of the Samoan islands and the sixth largest Polynesian island after New Zealand's North, South and Stewart Islands and the Hawaiian islands of Hawaiʻi and Maui. The population of Savai'i is 42,000 people.

Climate

Tropical, with high humidity. Cooler in May–November. Cyclone season is December–March.

People & Society

Ethnic Samoans are the world's second-largest Polynesian group, after the Maoris. Their way of life is communal and formalized. Extended family groups own 80% of the land. Each family has an elected chief, who looks after its political and social interests. Large-scale migration to the US and New Zealand reflects the country's lack of jobs and the attractions of a Western lifestyle.

The fa'a Samoa, or traditional Samoan way, remains a strong force in Samoan life and politics. Despite centuries of European influence, Samoa maintains its historical customs, social and political systems, and language. Cultural customs such as the Samoa 'ava ceremony are significant and solemn rituals at important occasions including the bestowal of matai chiefly titles. Items of great cultural value include the finely woven 'ie toga.

Samoan mythology includes many gods with creation stories and figures of legend such as Tagaloa and the goddess of war Nafanua, the daughter of Saveasi'uleo, ruler of the spirit realm Pulotu. Other legends include the well known story of Sina and the Eel which explains the origins of the first coconut tree.

Economy

Gross Domestic Product (GDP) in purchasing power parity (PPP) in 2006 was estimated at $1.218 billion USD. The industrial sector is the largest component of GDP at 58.4%, followed by the services sector at 30.2% (2004 est.). Agriculture represents only 11.4% of GDP (2004 est.). Samoan labor force is estimated at 90,000.

The country currency is the Samoan tālā, issued and regulated by the Central Bank of Samoa. The economy of Samoa has traditionally been dependent on agriculture and fishing at the local level. In modern times, development aid, private family remittances from overseas, and agricultural exports have become key factors in the nation's economy. Agriculture employs two-thirds of the labour force, and furnishes 90% of exports, featuring coconut cream, coconut oil, noni (juice of the nonu fruit, as it is known in Samoan), and copra.

Outside of a large automotive wire harness factory (Yazaki Corporation), the manufacturing sector mainly processes agricultural products. Tourism is an expanding sector which now accounts for 25% of GDP. Tourist arrivals have been increasing over the years with more than 100,000 tourists visiting the islands in 2005, up from 70,000 in 1996.

The Samoan government has called for deregulation of the financial sector, encouragement of investment, and continued fiscal discipline. Observers point to the flexibility of the labour market as a basic strength for future economic advances. The sector has been helped enormously by major capital investment in hotel infrastructure, political instability in neighboring Pacific countries, and the 2005 launch of Polynesian Blue a joint-venture between the government and Virgin Airlines.

In the period before German colonization, Samoa produced mostly copra. German merchants and settlers were active in introducing large scale plantation operations and developing new industries, notably cocoa bean and rubber, relying on imported labourers from China and Melanesia. When the value of natural rubber fell drastically, about the end of the Great War (World War I), the New Zealand government encouraged the production of bananas, for which there is a large market in New Zealand.

Because of variations in altitude, a large range of tropical and subtropical crops can be cultivated, but land is not generally available to outside interests. Of the total land area of 2,934 km² (725,000 acres), about 24.4% is in permanent crops and another 21.2% is arable. About 4.4% is Western Samoan Trust Estates Corporation (WSTEC).

The staple products of Samoa are copra (dried coconut meat), cocoa bean (for chocolate), and bananas. The annual production of both bananas and copra has been in the range of 13,000 to 15,000 metric tons (about 14,500 to 16,500 short tons). If the rhinoceros beetle in Samoa were eradicated, Samoa could produce in excess of 40,000 metric tons (44,000 short tons) of copra. Samoan cocoa beans are of very high quality and used in fine New Zealand chocolates. Most are Criollo-Forastero hybrids. Coffee grows well, but production has been uneven. WSTEC is the biggest coffee producer. Rubber has been produced in Samoa for many years, but its export value has little impact on the economy.

Other agricultural industries have been less successful. Sugarcane production, originally established by Germans in the early 20th century, could be successful. Old train tracks for transporting cane can be seen at some plantations east of Apia. Pineapples grow well in Samoa, but beyond local consumption have not been a major export.

San Marino

EUROPE

Perched on the slopes of Monte Titano in the Italian Appennines, San Marino has maintained its independence since the 4th century CE, but Italy effectively controls most of its affairs.

OFFICIAL NAME: Republic of San Marino
DATE OF FORMATION: 1631
CAPITAL: San Marino
POPULATION: 31,918
TOTAL AREA: 23.6 sq. miles (61 sq. km)
DENSITY: 1308 people per sq. mile
LANGUAGES: Italian
RELIGIONS: Roman Catholic 93%, other and nonreligious 7%
ETHNIC MIX: Sammarinese 88%, Italian 10%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

San Marino is an enclave in Italy, on the border between the regioni of Emilia Romagna and Marche and about 10 km (6.21 mi) from the Adriatic coast at Rimini. Its topography is dominated by the Apennine mountain range, and it has a rugged terrain. The highest point in the country, the summit of Monte Titano, is situated at 749 m (2,457 ft) above sea level. There are no bodies of water of any significant size. San Marino is the third smallest country in Europe, with only Vatican City and Monaco being smaller. San Marino has no natural level ground; it is entirely in the hills.

Climate

High altitude and sea breezes moderate a Mediterranean climate. Hot summers and cool, wet winters.

People & Society

Territory is divided into nine "castles," or districts. Tightly knit society, with 16 centuries of tradition. Strict immigration rules require 30-year residence before applying for citizenship. Living standards are similar to those in northern Italy. About 20,000 Sammarinesi live abroad, most in Italy.

The Roman Catholic Diocese of San Marino-Montefeltro was until 1977 the historic diocese of Montefeltro. It is a suffragan of the archdiocese of Ravenna-Cervia. The current diocese includes all the parishes of San Marino. The earliest mention of Montefeltro, as Mona Feretri, is in the diplomas by which Charlemagne confirmed the donation of Pepin. The first known bishop of Montefeltro was Agatho (826), whose residence was at San Leo. Under Bishop Flaminios Dondi (1724) the see was again transferred to San Leo, but later it returned to Pennabilli. The historic diocese was a suffragan of the archdiocese of Urbino.

There has been a Jewish presence in San Marino for at least 600 years. The first mention of Jews in San Marino dates to the late 14th century, in official documents recording the business transactions of Jews. There are many documents throughout the 15th to 17th centuries describing Jewish dealings and verifying the presence of a Jewish community in San Marino. Jews were required to wear special badges and live by specific restrictions, but were also permitted official protection by the government.

During World War II, San Marino provided a harbor for more than 100,000 Italians (approximately ten times the Samarrinese population at the time) and Jews from Nazi persecution. Today, there are only small numbers of Jews in San Marino.

Economy

Although San Marino is not a European Union member, it is allowed to use the euro as its currency by arrangement with the Council of the European Union; it is also granted the right to use its own designs on the national side of the euro coins. Before the euro, the Sammarinese lira was pegged to, and exchangeable with, the Italian lira. The small number of Sammarinese euro coins, as was the case with the lira before it, are primarily of interest to coin collectors.

Other key industries are banking, electronics, and ceramics. The main agricultural products are wine and cheese.

San Marino's postage stamps, which are valid for mail only within the country, are mostly sold to philatelists and are a source of income. San Marino is a member of the Small European Postal Administration Cooperation.

The per capita level of US$55,449 and standard of living are comparable to those of Switzerland. San Marino imports goods such as food from Italy.

The corporate profits tax rate in San Marino is 19 percent. Capital gains are subject to a five percent tax; interest is subject to a 13 percent withholding tax.

In 1972, a value added taxation (VAT) system was introduced in Italy, and was applied in San Marino, in accordance with the 1939 friendship treaty. In addition, a tax on imported goods, to be levied by San Marino, was established. Such taxes, however, were not, and are not, applied to national products. Until 1996, goods manufactured and sold in San Marino were not subject to indirect taxation.

Under the European Union customs agreement, San Marino continues to levy taxes, the equivalent of an import duty, on imported goods. Also, a general VAT was introduced, in replacement of the Italian VAT.

The tourist sector contributes over 2.2% of San Marino's GDP, with approximately 2 million tourists visiting in 2009.

São Tomé & Príncipe

AFRICA

A former Portuguese colony, São Tomé and Príncipe comprises two main islands and surrounding islets, off the west coast of Africa. Elections in 1991 ended 15 years of Marxism.

OFFICIAL NAME: Democratic Republic of São Tomé and Príncipe
DATE OF FORMATION: 1975
CAPITAL: São Tomé
POPULATION: 163,000
TOTAL AREA: 386 sq. miles (1001 sq. km)
DENSITY: 439 people per sq. mile
LANGUAGES: Portuguese Creole, Portuguese*
RELIGIONS: Roman Catholic 84%, other 16%
ETHNIC MIX: Black 90%, Portuguese and Creole 10%
GOVERNMENT: Presidential system
CURRENCY: Dobra = 100 céntimos

Geography

The islands of São Tomé and Príncipe, situated in the equatorial Atlantic and Gulf of Guinea about 300 and 250 kilometres (190 and 160 mi), respectively, off the northwest coast of Gabon, constitute Africa's second smallest country. Both are part of the Cameroon volcanic mountain line, which also includes the islands of Annobón to the southwest, Bioko to the northeast (both part of Equatorial Guinea), and Mount Cameroon on the coast of Gulf of Guinea. Pico de São Tomé

São Tomé is 50 km (30 mi) long and 30 km (20 mi) wide and the more mountainous of the two islands. Its peaks reach 2,024 m (6,640 ft) - Pico de São Tomé. Príncipe is about 30 km (20 mi) long and 6 km (4 mi) wide. Its peaks reach 948 m (3,110 ft) - Pico de Príncipe. Swift streams radiating down the mountains through lush forest and cropland to the sea cross both islands. Both islands at a distance of 150 km (90 mi). The equator lies immediately south of São Tomé Island, passing through an islet Ilhéu das Rolas.

The Pico Cão Grande (Great Dog Peak) is a landmark volcanic plug peak, located at 0°7′0″N 6°34′00″E in southern São Tomé. It rises dramatically over 300 m (1,000 ft) above the surrounding terrain and the summit is 663 m (2,175 ft) above sea level.

São Tomé and Príncipe does not have a large number of native mammals (although the São Tomé Shrew and several bat species are endemic). The islands are home to a larger number of endemic birds and plants, including the world's smallest ibis (the São Tomé Ibis), the world's largest sunbird (the Giant Sunbird), and the rare São Tomé Fiscal, as well as several giant species of Begonia. São Tomé and Principe is an important marine turtle nesting site, notably for hawksbill turtles (Eretmochelys imbricata)

Climate

At sea level, the climate is tropical—hot and humid with average yearly temperatures of about 27 °C (80.6 °F) and little daily variation. The temperature rarely rises beyond 32 °C (89.6 °F). At the interior's higher altitudes, the average yearly temperature is 20 °C (68 °F), and nights are generally cool. Annual rainfall varies from 5,000 mm (196.9 in) on the southwestern slopes to 1,000 mm (39.4 in) in the northern lowlands. The rainy season runs from October to May.

People & Society

Population is mostly black, though Portuguese culture predominates. Blacks run the political parties. Society is well integrated and free of racial prejudice. Príncipe assumed autonomous status in 1995. There is a growing business class. Extended family offers main form of social security. One of Africa's highest aid-to-population ratios.

Malaria is present in the country. Female life expectancy at birth was at 67.3 years in 2007 and male life expectancy at 63.5. Healthy life expectancy at birth was at 54 years in 2007.

A Cuban medical team of seven doctors, nurses and other health workers is working on the main island, with occasionally visits to Principe

Government health expenditure was at US $120 (PPP) per capita in 2006.

Economy

Since the 19th century, the economy of São Tomé and Príncipe has been based on plantation agriculture. At the time of independence, Portuguese-owned plantations occupied 90% of the cultivated area. After independence, control of these plantations passed to various state-owned agricultural enterprises. The main crop on São Tomé is cocoa, representing about 95% of exports. Other export crops include copra, palm kernels, and coffee.

Domestic food-crop production is inadequate to meet local consumption, so the country imports some of its food. Efforts have been made by the government in recent years to expand food production, and several projects have been undertaken, largely financed by foreign donors.

Other than agriculture, the main economic activities are fishing and a small industrial sector engaged in processing local agricultural products and producing a few basic consumer goods. The scenic islands have potential for tourism, and the government is attempting to improve its rudimentary tourist industry infrastructure. The government sector accounts for about 11% of employment.

Following independence, the country had a centrally directed economy with most means of production owned and controlled by the state. The original constitution guaranteed a "mixed economy," with privately owned cooperatives combined with publicly owned property and means of production. In the 1980s and 1990s, the economy of São Tomé encountered major difficulties. Economic growth stagnated, and cocoa exports dropped in both value and volume, creating large balance-of-payments deficits. Efforts to redistribute plantation land resulted in decreased cocoa production. At the same time, the international price of cocoa slumped.

In response to its economic downturn, the government undertook a series of far-reaching economic reforms. In 1987, the government implemented an International Monetary Fund (IMF) structural adjustment program, and invited greater private participation in management of the parastatals, as well as in the agricultural, commercial, banking, and tourism sectors. The focus of economic reform since the early 1990s has been widespread privatization, especially of the state-run agricultural and industrial sectors.

The São Toméan Government has traditionally obtained foreign assistance from various donors, including the UN Development Programme, the World Bank, the European Union (EU), Portugal, Taiwan, and the African Development Bank. In April 2000, in association with the Banco Central de São Tomé e Príncipe, the IMF approved a poverty reduction and growth facility for São Tomé aimed at reducing inflation to 3% for 2001, raising ideal growth to 4%, and reducing the fiscal deficit.

In late 2000, São Tomé qualified for significant debt reduction under the IMF–World Bank's Heavily Indebted Poor Countries (HIPC) initiative. The reduction is currently being reevaluated by the IMF, due to the attempted coup d'état in July 2003 and subsequent emergency spending. Following the truce, the IMF decided to send a mission to São Tomé to evaluate the macroeconomic state of the country. This evaluation is ongoing, reportedly pending oil legislation to determine how the government will manage incoming oil revenues which are still poorly defined, but in any case expected to change the economic situation dramatically for the better.

In parallel, some efforts have been made to incentive private tourism initiatives, but their scope remains limited.

São Tomé also hosts a broadcasting station of the US-American International Broadcasting Bureau (IBB) for the Voice of America located at Pinheira.

Portugal remains one of São Tomé's major trading partners, particularly as a source of imports. Food, manufactured articles, machinery, and transportation equipment are imported primarily from the EU.

São Tomé and Príncipe was ranked the 174th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.

Saudi Arabia

ASIA

Occupying most of the Arabian Peninsula, Saudi Arabia covers an area the size of western Europe. It is the world's largest oil producer and has a major petrochemicals industry.

OFFICIAL NAME: Kingdom of Saudi Arabia
DATE OF FORMATION: 1932
CAPITAL: Riyadh
POPULATION: 27.1 million
TOTAL AREA: 756,981 sq. miles (1,960,582 sq. km)
DENSITY: 32 people per sq. mile
LANGUAGES: Arabic
RELIGIONS: (Native population) Sunni Muslim 85%, Shi'a Muslim 15%
ETHNIC MIX: Arab 72%, foreign (mostly S or SE Asian) 20%, Afro-Asian 8%
GOVERNMENT: Monarchy
CURRENCY: Saudi riyal = 100 halalat

Geography

Saudi Arabia occupies about 80 percent of the Arabian peninsula, lying between latitudes 16° and 33° N, and longitudes 34° and 56° E. Because the country's southern borders with the United Arab Emirates and Oman are not precisely defined or marked, the exact size of the country remains unknown. The CIA World Factbook's estimate is 2,149,690 km^2 (830,000 sq mi) and lists Saudi Arabia as the world's 13th largest state.

Saudi Arabia's geography is dominated by the Arabian Desert and associated semi-desert and shrubland (see satellite image to right). It is, in fact, a number of linked deserts and includes the 250,000 square mile (647,500 square km) Rub' al Khali ("Empty Quarter") in the southern part of the country, the world's largest sand desert. There are virtually no permanent rivers or lakes in the country, but wadis are numerous. The few fertile areas are to be found in the alluvial deposits in wadis, basins, and oases. The main topographical feature is the central plateau which rises abruptly from the Red Sea and gradually descends into the Nejd and toward the Persian Gulf. On the Red Sea coast, there is a narrow coastal plain, known as the Tihamah parallel to which runs an imposing escarpment. The southwest province of Asir is mountainous, and contains Mount Sawda, which is generally considered the highest point in the country. Estimates of its elevation range from 10,279 to 10,522 feet (3,133 to 3,207 metres).

Except for the south western province of Asir, Saudi Arabia has a desert climate with extremely high day-time temperatures and a sharp temperature drop at night. Average summer temperatures are around 45°C, but can be as high as 54°C. In the winter the temperature rarely drops below 0°C. In the spring and autumn the heat is temperate, temperatures average around 29°C. Annual rainfall is extremely low. The Asir region differs in that it is influenced by the Indian Ocean monsoons, usually occurring between October and March. An average of 300 millimetres of rainfall occurs during this period, that is about 60 percent of the annual precipitation.

Animal life includes wolves, hyenas, mongooses, baboons, hares, sand rats, and jerboas. Larger animals such as gazelles, oryx, and leopards were relatively numerous until the 1950s, when hunting from motor vehicles reduced these animals almost to extinction. Birds include falcons (which are caught and trained for hunting), eagles, hawks, vultures, sand grouse and bulbuls. There are several species of snakes, many of which are venomous, and numerous types of lizards. There is a wide variety of marine life in the Persian Gulf. Domesticated animals include camels, sheep, goats, donkeys, and chickens. Reflecting the country's desert conditions, Saudi Arabia's plant life mostly consists of small herbs and shrubs requiring little water. There are a few small areas of grass and trees in southern Asir. The date palm (Phoenix dactylifera) is widespread.

Climate

In summer, temperatures often soar above 118°F (48°C), but in winter they may fall below freezing. Rainfall is rare.

People & Society

Most Saudis are Sunni Muslims who follow the strictly orthodox Wahhabi interpretation of Islam and embrace sharia (Islamic law) in their daily lives. Women are obliged to wear the veil, cannot hold a driver's license, and have no role in public life. The al-Sa'ud family has had absolute rule since 1932. With the support of the religious establishment, it controls all political life.

Saudi Arabia is one of the most sparsely populated countries in the world. Its population as of July 2010 is estimated to be 25,731,776 including 5,576,076 non-nationals Until the 1960s, a majority of the population was nomadic; but presently more than 95% of the population is settled, due to rapid economic and urban growth. The official language of Saudi Arabia is Arabic. The three main regional variants spoken by Saudis are Hejazi Arabic (about 6 million speakers), Nejdi Arabic (about 8 million speakers) and Gulf Arabic (about 200,000 speakers). The large expatriate communities also speak their own languages, the most numerous being Tagalog (700,000), Urdu (380,000), and Egyptian Arabic (300,000).

About 31% of the population is made up of foreign nationals living in Saudi Arabia. Indian: 1.3 million, Pakistani: 900,000, Bangladeshi: 400,000, Filipino: 500,000, Egyptian: 900,000, Yemeni: 800,000, Indonesian: 250,000, Sri Lankan: 350,000, Sudanese: 250,000, Syrian: 100,000 and Turkish: 80,000. There are around 100,000 Westerners in Saudi Arabia, most of whom live in compounds or gated communities.

Economy

Saudi Arabia's command economy is petroleum-based; roughly 75% of budget revenues and 90% of export earnings come from the oil industry. The oil industry comprises about 45% of Saudi Arabia's gross domestic product, compared with 40% from the private sector (see below). Saudi Arabia officially has about 260 billion barrels (4.1×1010 m3) of oil reserves, comprising about one-fifth of the world's proven total petroleum reserves.

The government is attempting to promote growth in the private sector by privatizing industries such as power and telecommunications. Saudi Arabia announced plans to begin privatizing the electricity companies in 1999, which followed the ongoing privatization of the telecommunications company. Shortages of water and rapid population growth may constrain government efforts to increase self-sufficiency in agricultural products.

In the 1990s, Saudi Arabia experienced a significant contraction of oil revenues combined with a high rate of population growth. Per capita income fell from a high of $11,700 at the height of the oil boom in 1981 to $6,300 in 1998. Increases in oil prices since 2000 have helped boost per capita GDP to $17,000 in 2007 dollars, or about $7,400 adjusted for inflation.

Oil price increases of 2008–2009 have triggered a second oil boom, pushing Saudi Arabia's budget surplus to $28 billion (110SR billion) in 2005. Tadawul (the Saudi stock market index) finished 2004 with a massive 76.23% to close at 4437.58 points. Market capitalization was up 110.14% from a year earlier to stand at $157.3 billion (589.93SR billion), which makes it the biggest stock market in the Middle East.‏

OPEC (the Organization of Petroleum Exporting Countries) limits its members' oil production based on their "proven reserves." The higher their reserves, the more OPEC allows them to produce. Saudi Arabia's published reserves have shown little change since 1980, with the main exception being an increase of about 100 billion barrels (1.6×1010 m3) between 1987 and 1988. Matthew Simmons has suggested that Saudi Arabia is greatly exaggerating its reserves and may soon show production declines (see peak oil).

Saudi Arabia is one of only a few fast-growing countries in the world with a relatively high per capita income of $20,700 (2007). Saudi Arabia will be launching six "economic cities" (e.g. King Abdullah Economic City) which are planned to be completed by 2020. These six new industrialized cities are intended to diversify the economy of Saudi Arabia, and are expected to increase the per capita income. The King of Saudi Arabia has announced that the per capita income is forecast, to rise from $15,000 in 2006 to $33,500 in 2020. The cities will be spread around Saudi Arabia to promote diversification for each region and their economy, and the cities are projected to contribute $150 billion to the GDP.

However the urban areas of Riyadh and Jeddah are expected to contribute $287 billion dollars by the year 2020.

Senegal

AFRICA

Senegal's capital, Dakar, stands on the westernmost cape of Africa. After independence from France, Senegal became a single-party state, but it has had multiparty elections since 1981.

OFFICIAL NAME: Republic of Senegal
DATE OF FORMATION: 1960
CAPITAL: Dakar
POPULATION: 13.7 million
TOTAL AREA: 75,749 sq. miles (196,190 sq. km)
DENSITY: 169 people per sq. mile
LANGUAGES: Wolof, Serer, Pulaar, Diola, Mandinka, Malinké, Soninké, French*
RELIGIONS: Sunni Muslim 90%, traditional beliefs 5%, Christian 5%
ETHNIC MIX: Wolof 43%, Serer 15%, other 14%, Peul 14%, Toucouleur 9%, Diola 5%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Senegal is located on the west of the African continent. It lies between latitudes 12° and 17°N, and longitudes 11° and 18°W.

The Senegalese landscape consists mainly of the rolling sandy plains of the western Sahel which rise to foothills in the southeast. Here is also found Senegal's highest point, an otherwise unnamed feature near Nepen Diakha at 584 m (1,916 ft). The northern border is formed by the Senegal River, other rivers include the Gambia and Casamance Rivers. The capital Dakar lies on the Cap-Vert peninsula, the westernmost point of continental Africa.

The Cape Verde islands lie some 560 kilometres (350 mi) off the Senegalese coast, but Cap Vert ("Cape Green") is a maritime placemark, set at the foot of "Les Mammelles", a 105-metre (344 ft) cliff resting at one end of the Cap Vert peninsula onto which is settled Senegal's capital Dakar, and 1 kilometre (0.6 mi) south of the "Pointe des Almadies", the western-most point in Africa.

Climate

The local climate is tropical with well-defined dry and humid seasons that result from northeast winter winds and southwest summer winds. The dry season (December to April) is dominated by hot, dry, harmattan wind. Dakar's annual rainfall of about 600 mm (24 in) occurs between June and October when maximum temperatures average 30 °C (86.0 °F) and minimums 24.2 °C (75.6 °F); December to February maximum temperatures average 25.7 °C (78.3 °F) and minimums 18 °C (64.4 °F). Interior temperatures are higher than along the coast (for example, average daily temperatures in Kaolack and Tambacounda for May are 30 °C (86.0 °F) and 32.7 °C (90.9 °F) respectively, compared to Dakar's 23.2 °C (73.8 °F) ), and rainfall increases substantially farther south, exceeding 1,500 mm (59.1 in) annually in some areas. In the far interior of the country, in the region of Tambacounda, particularly on the border of Mali, temperatures can reach as high as 54 °C (129.2 °F).

People & Society

Interethnic marriage has reduced ethnic tensions. Groups can be identified regionally. Dakar is a Wolof area, the Senegal River is dominated by the Toucouleur, and the Malinké mostly live in the east. The Diola (Jola) in Casamance have felt politically excluded, prompting a long-running secessionist struggle; a cease-fire has held since 2004. A large diaspora has raised global awareness of Senegalese culture and music. Illiteracy is high, particularly among women. The net primary enrollment rate was 69 % in 2005. Public expenditure on education was 5.4 % of the 2002–2005 GDP.

Economy

After its economy retracted by 2.1% in 1993 Senegal instigated a major economic reform program with the support of the international donor community. This reform began with a 50% devaluation of the country's currency (the CFA franc). Government price controls and subsidies were also dismantled. As a result, Senegal's inflation went down, investments went up, and the gross domestic product rose approximately 5% a year between 1995 and 2001.

The main industries include food processing, mining, cement, artificial fertilizer, chemicals, textiles, refining imported petroleum, and tourism. Exports include fish, chemicals, cotton, fabrics, groundnuts, and calcium phosphate, and the principal foreign market is India at 26.7 percent of exports (as of 1998). Other foreign markets include the United States, Italy and the United Kingdom.

As a member of the West African Economic and Monetary Union (WAEMU), Senegal is working toward greater regional integration with a unified external tariff. Senegal is also a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

Senegal realized full Internet connectivity in 1996, creating a mini-boom in information technology-based services. Private activity now accounts for 82 percent of GDP. On the negative side, Senegal faces deep-seated urban problems of chronic high unemployment, socioeconomic disparity, and juvenile delinquency.

Senegal is a major recipient of international development assistance. Donors include USAID, Japan, France and China. Over 3000 Peace Corps Volunteers have served in Senegal since 1963.

Serbia

EUROPE

The central and eastern region of what was once Yugoslavia, Serbia was a pariah state until Slobodan Milosevic was ousted in 2000. Montenegro broke away in 2006, and Kosovo in 2008.

OFFICIAL NAME: Republic of Serbia
DATE OF FORMATION: 2006
CAPITAL: Belgrade
POPULATION: 7.2 million
TOTAL AREA: 34,116 sq. miles (88,361 sq. km)
DENSITY: 259 people per sq. mile
LANGUAGES: Serbian*, Hungarian
RELIGIONS: Orthodox Christian 85%, other 6%, Roman Catholic 6%, Muslim 3%
ETHNIC MIX: Serb 83%, other 10%, Magyar 4%, Bosniak 2%, Roma 1%
GOVERNMENT: Parliamentary system
CURRENCY: Dinar = 100 para

Geography

Located at the crossroads between Central and Southern Europe Serbia is found in the Balkan peninsula and the Pannonian Plain. Including Kosovo, it lies between latitudes 41° and 47° N, and longitudes 18° and 23° E.

The Danube passes through Serbia with 21% of its overall length, joined by its biggest tributaries, the Sava and Tisza rivers. The province of Vojvodina covers the northern third of the country, and is entirely located within the Central European Pannonian Plain. Dinaric Alps, gradually rising towards south, cover most of western and central Serbia. The easternmost tip of Serbia extends into the Wallachian Plain. The eastern border of the country intersects with the Carpathian Mountain range, which run through the whole of Central Europe.

The Southern Carpathians meet the Balkan Mountains, following the course of the Great Morava, a 500 km long river. The Midžor peak is the highest point in eastern Serbia at 2156 m. In the southeast, the Balkan Mountains meet the Rhodope Mountains. The Šar Mountains of Kosovo form the border with Albania, with one of the highest peaks in the region, Đeravica, reaching 2656 meters at its peak. Dinaric Alps of Serbia follow the flow of the Drina river, overlooking the Dinaric peaks on the opposite shore in Bosnia and Herzegovina.

Climate

Most of Serbia's surface belongs to the humid subtropical climate (Köppen classification Cfa). Serbia's climate varies between a moderate climate in the north, with cold winters, and hot, humid summers with well distributed rainfall patterns, and a more Adriatic climate in the south with hot, dry summers and autumns and relatively cold winters with heavy inland snowfall in the mountains. Differences in elevation, proximity to the Adriatic Sea and large river basins, as well as exposure to the winds account for climate differences. Vojvodina possesses typical continental climate, with air masses from northern and western Europe which shape its climatic profile. South and South-west Serbia is subject to Mediterranean influences. However, the Dinaric Alps and other mountain ranges contribute to the cooling down of most of the warm air masses. Winters are quite harsh in Sandžak because of the mountains which encircle the plateau.

Mediterranean micro-regions exist throughout southern Serbia, in Zlatibor and the Pčinja District around valley and river Pčinja. The average annual air temperature for the period 1961–90 for the area with an altitude of up to 300 m (984 ft) is 10.9 °C (51.6 °F). The areas with an altitude of 300 to 500 m (984 to 1,640 ft) have an average annual temperature of around 10.0 °C (50.0 °F), and over 1,000 m (3,281 ft) of altitude around 6.0 °C (42.8 °F). The lowest recorded temperature in Serbia was −39.5 °C (−39.1 °F) on 13 January 1985, Karajukića Bunari in Pešter, and the highest was 44.9 °C or 112.8 °F, on 24 July 2007, recorded in Smederevska Palanka.

People & Society

Serbs are Orthodox Christian, and their language uses Cyrillic script. The Catholic Magyars (Hungarians) live mainly in Vojvodina, which has been granted some autonomy. Society was severely shaken in the 1990s by interethnic conflict. EU integration is dependent on Serbia's cooperation in apprehending suspected war criminals.

Economy

With a GDP (PPP) for 2011 estimated at $83.41 billion or $11,255 per capita (PPP), Serbia is an upper-middle income economy. Foreign Direct Investment (FDI) in 2006 was $5.85 billion or €4.5 billion. FDI for 2007 reached $4.2 billion while real GDP per capita figures are estimated to have reached $6,178 in April 2011. The GDP growth rate showed increase by 6.3% in 2005, 5.8% in 2006, reaching 7.5% in 2007 and 8.7% in 2008 as the fastest growing economy in the region. According to Eurostat data, Serbian (PPS) GDP per capita stood at 37% of the EU average in 2008.

The economy has a high unemployment rate of 14% and a unfavourable trade deficit. The country expects some major economic impulses and high growth rates in the next years. Given its recent high economic growth rates, which averaged 6.6% in the last three years, foreign analysts have sometimes labeled Serbia as the "Balkan Tiger".

Apart from its free-trade agreement with the EU as its associate member, Serbia is the only European country outside the former USSR to have free trade agreements with Russia and Belarus.

Serbia grows about one-third of the world's raspberries and is the leading frozen fruit exporter.

In July 2010, the credit rating agency Dun & Bradstreet rated Serbia's economy at DB4d, which remained the same since the last rating. There was expressed concern for the slower-than-expected recovery of the economy from the global financial crisis, along with the continuous high business risk due lowered credit capabilities, increasing company bankruptcy and generally poor economic prospects. The Agency also expressed concern for the high credit debt and large number of foreign banks in the financial sector, creating increased risk of instability.

Most of the energy is currently produced comes from coal or hydroelectric dams. Energy consumption is expected to exceed energy production by 2012 and Elektroprivreda Srbije, Serbia's largest energy producer, is expected to develop Đerdap III, a hydroelectric dam with approximately 2.4 gigawatts of power.

Naftna Industrija Srbije, Serbia's largest oil producer was acquired by Russian energy giant Gazprom Neft. The two companies, are planning to build the Serbian portion of the South Stream gas pipeline. The two companies are also building a 300 million cubic meter gas storage at Banatski Dvor, located approximately 60 kilometers northeast of Novi Sad. The South Stream gas pipeline project will be the largest since the 19th century railway construction through Serbia.

Tourism in Serbia mainly focuses on the villages and mountains of the country. The most famous mountain resorts are Zlatibor, Kopaonik, and the Tara. There are also many spas in Serbia, one the biggest of which is Vrnjačka Banja. Other spas include Soko Banja and Niška Banja. There is a significant amount of tourism in the largest cities like Belgrade, Novi Sad and Niš, but also in the rural parts of Serbia like the volcanic wonder of Đavolja varoš, Christian pilgrimage across the country and the cruises along the Danube, Sava or Tisza. There are several popular festivals held in Serbia, such as EXIT, proclaimed to be the best European festival by UK Festival Awards 2007 and Yourope, the European Association of the 40 largest festivals in Europe and the Guča trumpet festival. 2,2 million tourists visited Serbia in 2007, a 15% increase compared to 2006.

Seychelles

AFRICA

Formerly a UK colony, the Seychelles comprises 115 islands in the Indian Ocean. After 14 years as a one-party state, multiparty elections were introduced in 1993.

OFFICIAL NAME: Republic of Seychelles
DATE OF FORMATION: 1976
CAPITAL: Victoria
POPULATION: 84,000
TOTAL AREA: 176 sq. miles (455 sq. km)
DENSITY: 813 people per sq. mile
LANGUAGES: Creole*, English*, French*
RELIGIONS: Roman Catholic 90%, Anglican 8%, other (including Muslim) 2%
ETHNIC MIX: Creole 89%, Indian 5%, other 4%, Chinese 2%
GOVERNMENT: Presidential system
CURRENCY: Seychelles rupee = 100 cents

Geography

An island nation, Seychelles is located to the northeast of Madagascar and about 1,600 km (994 mi) east of Kenya. The number of islands in the archipelago is often given as 115 but the Constitution of the Republic of Seychelles lists 155. The islands as per the Constitution are divided into various groups as follows.

There are 42 granitic islands, in descending order of size: Mahé, Praslin, Silhouette Island, La Digue, Curieuse, Felicite, Frégate, Ste-Anne, North, Cerf, Marianne, Grand Sœur, Thérèse, Aride, Conception, Petite Sœur, Cousin, Cousine, Long, Récif, Round (Praslin), Anonyme, Mamelles, Moyenne, Ile aux Vaches Marines, L'Islette, Beacon (Ile Sèche), Cachée, Cocos, Round (Mahé), L'Ilot Frégate, Booby, Chauve Souris (Mahé), Chauve Souris (Praslin), Ile La Fouche, Hodoul, L'Ilot, Rat, Souris, St. Pierre (Praslin), Zavé, Harrison Rocks (Grand Rocher).

There are two coral sand cays north of the granitics: Denis and Bird.

There are two coral islands south of the granitics: Coëtivy and Platte.

There are 29 coral islands in the Amirantes group, west of the granitics: Desroches, Poivre Atoll (comprising three islands — Poivre, Florentin and South Island), Alphonse, D'Arros, St. Joseph Atoll (comprising 14 islands — St. Joseph Ile aux Fouquets, Ressource, Petit Carcassaye, Grand Carcassaye, Benjamin, Bancs Ferrari, Chiens, Pélicans, Vars, Ile Paul, Banc de Sable, Banc aux Cocos and Ile aux Poules), Marie Louise, Desnoeufs, African Banks (comprising two islands — African Banks and South Island), Rémire, St. François, Boudeuse, Etoile, Bijoutier.

There are 13 coral islands in the Farquhar Group, south-southwest of the Amirantes: Farquhar Atoll (comprising 10 islands — Bancs de Sable Déposés Ile aux Goëlettes Lapins Ile du Milieu North Manaha South Manaha Middle Manaha North Island and South Island), Providence Atoll (comprising two islands — Providence and Bancs Providence) and St Pierre.

There are 67 raised coral islands in the Aldabra Group, west of the Farquhar Group: Aldabra Atoll (comprising 46 islands — Grande Terre, Picard, Polymnie, Malabar, Ile Michel, Ile Esprit, Ile aux Moustiques, Ilot Parc, Ilot Emile, Ilot Yangue, Ilot Magnan, Ile Lanier, Champignon des Os, Euphrate, Grand Mentor, Grand Ilot, Gros Ilot Gionnet, Gros Ilot Sésame, Heron Rock, Hide Island, Ile aux Aigrettes, Ile aux Cèdres, Iles Chalands, Ile Fangame, Ile Héron, Ile Michel, Ile Squacco, Ile Sylvestre, Ile Verte, Ilot Déder, Ilot du Sud, Ilot du Milieu, Ilot du Nord, Ilot Dubois, Ilot Macoa, Ilot Marquoix, Ilots Niçois, Ilot Salade, Middle Row Island, Noddy Rock, North Row Island, Petit Mentor, Petit Mentor Endans, Petits Ilots, Pink Rock and Table Ronde), Assumption, Astove and Cosmoledo Atoll (comprising 19 islands — Menai, Ile du Nord (West North), Ile Nord-Est (East North), Ile du Trou, Goëlettes, Grand Polyte, Petit Polyte, Grand Ile (Wizard), Pagode, Ile du Sud-Ouest (South), Ile aux Moustiques, Ile Baleine, Ile aux Chauve-Souris, Ile aux Macaques, Ile aux Rats, Ile du Nord-Ouest, Ile Observation, Ile Sud-Est and Ilot la Croix).

Climate

The climate is equable although quite humid, as the islands are small. The temperature varies little throughout the year. Temperatures on Mahé vary from 24 to 30 °C (75 to 86 °F), and rainfall ranges from 2,900 mm (114 in) annually at Victoria to 3,600 mm (142 in) on the mountain slopes. Precipitation is somewhat less on the other islands. During the coolest months, July and August, it drops to as low as 24 °C (75 °F). The southeast trade winds blow regularly from May to November, and this is the most pleasant time of the year. The hot months are from December to April, with higher humidity (80%). March and April are the hottest months, but the temperature seldom exceeds 31 °C (88 °F). Most of the islands lie outside the cyclone belt, so high winds are rare.

People & Society

When the British gained control of the islands during the Napoleonic Wars, they allowed the French upper class to retain their land. Both the French and British settlers used enslaved Africans and although the British prohibited slavery in 1835, Africans continued to be enslaved. Thus the Gran'bla ("big whites") of French origin dominated economic and political life. The British administration employed indentured servants from India to the same degree as in Mauritius resulting in a small Indian population. The Indians, like a similar minority of Chinese, were confined to a merchant class. Today the descendents of the Indian, Chinese, and Gran'bla form distinct ethnic communities, although most people are of 'black' African origin, often mixed with 'white' European or Asian heritage.

The islands were uninhabited when French settlers arrived in the 18th century. Today, the population is homogeneous – a result of intermarriage between ethnic groups. Almost 90% of people live on Mahé. Living standards are among Africa's highest. Poverty is rare and the welfare system caters to all.

Economy

During the plantation era, cinnamon, vanilla, and copra were the chief exports. In the 1960s, about 33% of the working population worked at plantations, and 20% worked in the public or government sector. In 1971, with the opening of Seychelles International Airport, tourism became a serious industry, basically dividing the economy into plantations and tourism. The tourism sector paid better, and the plantation economy could only expand so far. The plantation sector of the economy declined in prominence, and tourism became the primary industry of Seychelles.

Since independence in 1976, per capita output has expanded to roughly seven times the old near-subsistence level. Growth has been led by the tourist sector, which employs about 30% of the labour force, compared to agriculture which today employs about 3% of the labour force. Despite the growth of tourism, farming and fishing continue to employ some people, as do industries that process coconuts and vanilla. The prime agricultural products currently produced in the Seychelles include sweet potatoes, vanilla, coconuts, and cinnamon. These products provide much of the economic support of the locals. Frozen and canned fish, copra, cinnamon, and vanilla are the main export commodities of the islands.

In recent years the government has encouraged foreign investment in order to upgrade hotels and other services. These incentives have given rise to an enormous amount of investment in real estate projects and new resort properties, such as project TIME, distributed by the World Bank, along with its predecessor project MAGIC. Despite its growth, the vulnerability of the tourist sector was illustrated by the sharp drop in 1991–1992 due largely to the Gulf War. Since then the government has moved to reduce the dependence on tourism by promoting the development of farming, fishing, small-scale manufacturing and most recently the offshore financial sector, through the establishment of the Seychelles International Business Authority (SIBA) and the enactment of several pieces of legislation (such as the International Corporate Service Providers Act, the International Business Companies Act, the Securities Act, the Mutual Funds and Hedge Fund Act, amongst others).

Other issues facing the government are the curbing of the budget deficit, including the containment of social welfare costs, and further privatisation of public enterprises. The government has a pervasive presence in economic activity, with public enterprises active in petroleum product distribution, insurance (has now been privatized), banking (is being privatized very soon), imports of basic products (now being privatized), telecommunications (four private ISP/telecom companies), and a wide range of other businesses.

Sierra Leone

AFRICA

The west African state of Sierra Leone achieved independence from the UK in 1961. Today, trying to recover from ten years of devastating civil war, it is one of the world's poorest nations.

OFFICIAL NAME: Republic of Sierra Leone
DATE OF FORMATION: 1961
CAPITAL: Freetown
POPULATION: 6.4 million
TOTAL AREA: 27,698 sq. miles (71,740 sq. km)
DENSITY: 206 people per sq. mile
LANGUAGES: Mende, Temne, Krio, English*
RELIGIONS: Muslim 30%, traditional beliefs 30%, other 30%, Christian 10%
ETHNIC MIX: Mende 35%, Temne 32%, other 21%, Limba 8%, Kuranko 4%
GOVERNMENT: Presidential system
CURRENCY: Leone = 100 cents

Geography

Sierra Leone is located on the west coast of Africa, lying mostly between latitudes 7° and 10°N (a small area is south of 7°), and longitudes 10° and 14°W.

The country is bordered by Guinea to the north and northeast, Liberia to the south and southeast, and the Atlantic Ocean to the west.

Sierra Leone has a total area of 71,740 km^2 (27,699 sq mi), divided into a land area of 71,620 km^2 (27,653 sq mi) and water of 120 km^2 (46 sq mi). The country has four distinct geographical regions. In eastern Sierra Leone the plateau is interspersed with high mountains, where Mount Bintumani reaches 1,948 m (6,391 ft), the highest point in the country. The upper part of the drainage basin of the Moa River is located in the south of this region.

The centre of the country is a region of lowland plains, containing forests, bush and farmland, that occupies about 43% of Sierra Leone's land area. The northern section of this has been categorised by the World Wildlife Fund as part of the Guinean forest-savanna mosaic ecoregion, while the south is rain-forested plains and farmland. In the west Sierra Leone has some 400 km (249 mi) of Atlantic coastline, giving it both bountiful marine resources and attractive tourist potential. The coast has areas of low-lying Guinean mangroves swamp. The national capital Freetown sits on a coastal peninsula, situated next to the Sierra Leone Harbour, the world's third largest natural harbour.

Climate

The climate is tropical, with two seasons determining the agricultural cycle: the rainy season from May to November, and a dry season from December to May, which includes harmattan, when cool, dry winds blow in off the Sahara Desert and the night-time temperature can be as low as 16 °C (60.8 °F). The average temperature is 26 °C (78.8 °F) and varies from around 26 °C (78.8 °F) to 36 °C (96.8 °F) during the year.

People & Society

Mende and Temne are the major ethnic groups. Freetown's citizens are largely descended from slaves freed from Britain and the US, resulting in a strongly Anglicized Creole culture in the capital. The countryside is less developed. A brutal civil war broke out in 1991 and was not properly resolved until a 2001 peace agreement. Two million people were displaced during the conflict.

English is the official language, spoken at schools, government administration and the media, Krio (derived from English and several indigenous African languages), the language to the Sierra Leone Krio people), is the most widely spoken language in virtually all parts of Sierra Leone. The Krio language is spoken by 97% of the country's population and unites all the different ethnic groups, especially in their trade and interaction with each other. In December 2002, Sierra Leone's President Ahmad Tejan Kabbah also named Bengali as an "official language" in recognition of the work of 5,300 troops from Bangladesh in the United Nations Mission in Sierra Leone peacekeeping force.

Economy

Sierra Leone is slowly emerging from a protracted civil war and is showing signs of a successful transition. Investor and consumer confidence continue to rise, adding impetus to the country's economic recovery. There is greater freedom of movement and the successful re-habitation and resettlement of residential areas.

Rich in minerals, Sierra Leone has relied on mining, especially diamonds, for its economic base. The country is among the top 10 diamond producing nations in the world. Mineral exports remain the main foreign currency earner. Sierra Leone is a major producer of gem-quality diamonds. Though rich in diamonds, it has historically struggled to manage their exploitation and export.

Annual production of Sierra Leone's diamond estimates range between $250–300 million US$. Some of that is smuggled, where it is possibly used for money laundering or financing illicit activities. Formal exports have dramatically improved since the civil war with efforts to improve the management of them having some success. In October 2000, a UN-approved certification system for exporting diamonds from the country was put in place and led to a dramatic increase in legal exports. In 2001, the government created a mining community development fund (DACDF), which returns a portion of diamond export taxes to diamond mining communities. The fund was created to raise local communities' stake in the legal diamond trade.

Sierra Leone is also known for its blood diamonds that were mined and sold to diamond conglomerates during the civil war, in order to buy the weapons that fuelled the atrocities of the civil war. In the 1970s and early 1980s, economic growth rate slowed because of a decline in the mining sector and increasing corruption among government officials.
Percentage of GDP by sector (2007)Rank Sector Percentage of GDP

- Agriculture 58.5

- Other Services 10.4

- Trade and tourism 9.5

- Wholesale and retail trade 9.0

- Mining and quarrying 4.5

- Government Services 4.0

- Manufacturing and handicrafts 2.0

- Construction 1.7

- Electricity and water 0.4

By the 1990s economic activity was declining and economic infrastructure had become seriously degraded. Over the next decade much of the formal economy was destroyed in the country's civil war. Since the end of hostilities in January 2002, massive infusions of outside assistance have helped Sierra Leone begin to recover. Much of the recovery will depend on the success of the government's efforts to limit corruption by officials, which many feel was the chief cause for the civil war. A key indicator of success will be the effectiveness of government management of its diamond sector.

Sierra Leone has one of the world's largest deposits of rutile, a titanium ore used as paint pigment and welding rod coatings. Sierra Rutile Limited, owned by a consortium of United States and European investors, began commercial mining operations near the city of Bonthe, in the Southern Province, in early 1979. It was then the largest non-petroleum US investment in West Africa. The export of 88,000 tons realized $75 million in export earnings in 1990. In 1990, the company and the government made a new agreement on the terms of the company's concession in Sierra Leone. Rutile and bauxite mining operations were suspended when rebels invaded the mining sites in 1995, but exports resumed in 2005. The new Mines and Minerals Act was passed by Parliament in November 2009, which aimed to improve concessions management in the Ministry of Mineral Resources. Sierra Leone is an EITI candidate country.

About two-thirds of the population engages in subsistence agriculture, which accounts for 52.5% of national income. The government is trying to increase food and cash crop production and upgrade small farmer skills. The government works with several foreign donors to operate integrated rural development and agricultural projects.

Despite its successes and development, the Sierra Leone economy still faces significant challenges. There is high unemployment, particularly among the youth and ex-combatants. Authorities have been slow to implement reforms in the civil service, and the pace of the privatisation programme is also slacking and donors have urged its advancement.

Sierra Leone's currency is the Leone. The central bank of the country is the Bank of Sierra Leone which is located in the capital, Freetown. Sierra Leone operates a floating exchange rate system, and foreign currencies can be exchanged at any of the commercial banks, recognised foreign exchange bureaux and most hotels. Credit card use is limited in Sierra Leone, though they may be used at some hotels and restaurants. There are a few internationally linked automated teller machines that accept Visa cards in Freetown operated by ProCredit Bank.

Singapore

ASIA

Linked to the southernmost tip of the Malay peninsula by a causeway, Singapore was established as a trading settlement in 1819. It is one of Asia's most important commercial centers.

OFFICIAL NAME: Republic of Singapore
DATE OF FORMATION: 1965
CAPITAL: Singapore
POPULATION: 5.07 million
TOTAL AREA: 250 sq. miles (648 sq. km)
DENSITY: 20,072 people per sq. mile
LANGUAGES: Mandarin*, Malay*, Tamil*, English*
RELIGIONS: Buddhist 55%, Taoist 22%, Muslim 16%, Hindu, Christian, Sikh 7%
ETHNIC MIX: Chinese 77%, Malay 14%, Indian 8%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Singapore dollar = 100 cents

Geography

Singapore consists of 63 islands, including the main island, widely known as Singapore Island but also as Pulau Ujong. There are two man-made connections to Johor, Malaysia: the Johor–Singapore Causeway in the north, and the Tuas Second Link in the west. Jurong Island, Pulau Tekong, Pulau Ubin and Sentosa are the largest of Singapore's smaller islands. The highest natural point is Bukit Timah Hill at 166 m (545 ft).

There are ongoing land reclamation projects, which have increased Singapore's land area from 581.5 km^2 (224.5 sq mi) in the 1960s to 704 km^2 (272 sq mi) today; it may grow by another 100 km^2 (40 sq mi) by 2030. Some projects involve merging smaller islands through land reclamation to form larger, more functional islands, as with Jurong Island. About 23% of Singapore's land area consists of forest and nature reserves. Urbanisation has eliminated most primary rainforest, with Bukit Timah Nature Reserve the only significant remaining forest.

Climate

Singapore has a tropical rainforest climate with no distinctive seasons, uniform temperature and pressure, high humidity, and abundant rainfall. Temperatures usually range from 23 to 32 °C (73 to 90 °F). Relative humidity averages around 79% in the morning and 73% in the afternoon. April and May are the hottest months, with the wetter monsoon season from November to January. From July to October, there is often haze caused by bush fires in neighbouring Indonesia. Although Singapore does not observe daylight saving time, it follows time zone GMT+8, one hour ahead of its geographical location.

People & Society

Dominated by the Chinese, who make up three-quarters of the community. The old English-speaking Straits Chinese and newer Mandarin-speakers are now well integrated. Malays are generally the poorest group. The population is skilled and industrious; there is a significant foreign workforce. Society is highly regulated; official campaigns aim to improve public behavior. Crime is limited and punishment can be severe.

Buddhism is the most widely practised religion in Singapore, with 33% of the resident population declaring themselves adherents at the most recent census. The next largest religions, in order of size, are Christianity, Islam, Taoism and Hinduism. The proportion of Christians, Taoists and non-religious people increased between 2000 and 2010 by about 3% each, while the proportion of Buddhists decreased. Other faiths remained largely stable in their share of the population.

There are monasteries and Dharma centres from all three major traditions of Buddhism in Singapore: Theravada, Mahayana and Vajrayana. Most Buddhists in Singapore are Chinese and are of the Mahayana tradition. Chinese Mahayana is the most predominant form of Buddhism in Singapore, with missionaries from Taiwan and China for several decades. However, Thailand's Theravada Buddhism has seen growing popularity amongst the people (not only the Chinese) in the past decade. Soka Gakkai International, a Japanese Buddhist organisation, is practised by many people in Singapore, but by mostly those of Chinese descent. Tibetan Buddhism has also made slow inroads into the country in recent years

Economy

Singapore has a highly developed market-based economy, based historically on extended entrepôt trade. Along with Hong Kong, South Korea and Republic of China (Taiwan), Singapore is one of the Four Asian Tigers. The economy depends heavily on exports and refining imported goods, especially in manufacturing, which constituted 27.2% of Singapore's GDP in 2010 and includes significant electronics, petroleum refining, chemicals, mechanical engineering and biomedical sciences sectors. In 2006 Singapore produced about 10% of the world's foundry wafer output.

Singapore is a world leader in several economic areas, it is the world's fourth leading financial centre, the world's second biggest casino gambling market, the world's top three oil refining centre, the world's largest oil rig producing nation and a major ship repairing nation. The port is one of the five busiest ports in the world. The country is home to more US dollar millionaire households per capita than any other country. The World Bank also praises Singapore as the easiest place in the world to do business and ranks Singapore as the world's top logistics hub. Lastly, the country is also the world's fourth largest foreign-exchange trading centre after London, New York and Tokyo.

Before independence in 1965, Singapore had a GDP per capita of $511, then the third highest in East Asia. After independence, foreign direct investment and a state-led drive for industrialisation based on plans by Goh Keng Swee and Albert Winsemius created a modern economy. As a result of global recession and a slump in the technology sector, the country's GDP contracted by 2.2% in 2001. The Economic Review Committee was set up in December 2001 and recommended several policy changes to revitalise the economy. Singapore has since recovered, largely due to improvements in the world economy; the economy grew by 8.3% in 2004, 6.4% in 2005, and 7.9% in 2006. After a contraction of −0.8% in 2009, the economy recovered in 2010 with a GDP growth of 14.5%.

Singapore possesses the world's tenth largest foreign reserves. Singapore's external trade is of higher value than its GDP, making trade one of the most vital components of the economy. Over ten free trade agreements have been signed with other countries and regions. Singapore's economy was ranked the world's most open in 2009, competitive and innovative.Singapore is rated the most business-friendly economy in the world.The currency of Singapore is the Singapore dollar, issued by the Monetary Authority of Singapore. It is interchangeable with the Brunei dollar.

Most work in Singapore is in the service sector, which employed around 2,151,400 people out of 3,102,500 jobs in December 2010. Around 64.2% of jobs were held by locals. The percentage of unemployed economically active people above age 15 is about 2%. Poverty levels are low compared to other countries in the region. The government provides cheap housing (in the form of Housing Development Board flats) and financial assistance to poorer people. Singapore has the world's highest percentage of millionaire households, with 15.5 percent of all households owning at least one million US dollars.

Tourism forms a large part of the economy, and 10.2 million tourists visited the country in 2007. To attract more tourists, in 2005 the government legalised gambling and allowed two casino resorts (called Integrated Resorts) to be developed. Singapore is promoting itself as a medical tourism hub: about 200,000 foreigners seek medical care there each year, and Singapore medical services aim to serve one million foreign patients annually by 2012 and generate USD 3 billion in revenue.

Slovakia

EUROPE

Landlocked in central Europe, Slovakia became a separate state in 1993, splitting ex-communist Czechoslovakia in two. It joined the EU in 2004 and the eurozone five years later.

OFFICIAL NAME: Slovak Republic
DATE OF FORMATION: 1993
CAPITAL: Bratislava
POPULATION: 5.42 million
TOTAL AREA: 18,859 sq. miles (48,845 sq. km)
DENSITY: 286 people per sq. mile
LANGUAGES: Slovak*, Hungarian (Magyar), Czech
RELIGIONS: Roman Catholic 60%, other 22%, Atheist 10%, Protestant 8%
ETHNIC MIX: Slovak 86%, Magyar 10%, Roma 2%, Czech 1%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Slovakia lies between latitudes 47° and 50° N, and longitudes 16° and 23° E.

The Slovak landscape is noted primarily for its mountainous nature, with the Carpathian Mountains extending across most of the northern half of the country. Amongst these mountain ranges are the high peaks of the Tatra mountains. To the north, close to the Polish border, are the High Tatras which are a popular skiing destination and home to many scenic lakes and valleys as well as the highest point in Slovakia, the Gerlachovský štít at 2,655 metres (8,711 ft), and the country's highly symbolic mountain Kriváň.

Major Slovak rivers are the Danube, the Váh and the Hron. The Tisa marks the Slovak-Hungarian border for only5 km (3.1 mi).

The Slovak climate lies between the temperate and continental climate zones with relatively warm summers and cold, cloudy and humid winters. The area of Slovakia can be divided into three kinds of climatic zones and the first zone can be divided into two sub-zones.

Climate

There are four somewhat different climates in Slovakia, owing partly to the mountain region. These areas include the cities of Bratislava, Kosice, Poprad and lastly, the mountain village of Spis:

The average annual temperature is about 9 to 10 °C (48 to 50 °F). The average temperature of the hottest month is about 20 °C (68 °F)and the average temperature of the coldest month is greater than −3 °C (27 °F). This kind of climate occurs at Záhorská nížina and Podunajská nížina. It is the typical climate of the capital city Bratislava.

The average annual temperature is about 8 to 9 °C (46 to 48 °F). The average temperature of the hottest month is about 19 °C (66 °F)and the average temperature of the coldest month is less than −3 °C (27 °F). This kind of climate can be found at Košická kotlina and Východoslovenská nížina. It is the typical climate of the city of Košice.

The average annual temperature is between 5 and 8.5 °C (41 and 47 °F). The average temperature of the hottest month is between15 and 18.5 °C (59 and 65 °F) and the average temperature of the coldest month is between -6 to -3 °C (21 to 27 °F). This climate can be found in almost all basins in Slovakia. For example Podtatranská kotlina, Žilinská kotlina, Turčianska kotlina, Zvolenská kotlina. It is the typical climate for the towns of Poprad and Sliač.

The average annual temperature is less than 5 °C (41 °F). The average temperature of the hottest month is less than15 °C (59 °F) and the average temperature of the coldest month is less than −5 °C (23 °F). This kind of climate occurs in mountains and in some villages in the valleys of Orava and Spiš

People & Society

The majority Slovaks are the dominant group. The Magyars (Hungarians) seek protection of their language and culture, backed by Hungary. Magyar parties exist in the political mainstream, and on occasion form part of the ruling coalition. Ethnic Czechs have dual citizenship. Roma are unrepresented and face significant discrimination. Rural eastern regions are least developed.

The art of Slovakia can be traced back to the Middle Ages, when some of the greatest masterpieces of the country's history were created. Significant figures from this period included the many Masters, among them the Master Paul of Levoča and Master MS. More contemporary art can be seen in the shadows of Koloman Sokol, Miloš Alexander Bazovský, Martin Benka, Mikuláš Galanda, Ľudovít Fulla, Július Koller, Mária Bartuszová and Stanislav Filko, in the 21st century Roman Ondák, Blažej Baláž. The most important Slovak composers have been Eugen Suchoň, Ján Cikker, and Alexander Moyzes, in the 21st century Vladimir Godar and Peter Machajdik.

Economy

The Slovak economy is considered an advanced economy, with the country dubbed the "Tatra Tiger". Slovakia transformed from a centrally planned economy to a market-driven economy. Major privatizations are nearly complete, the banking sector is almost completely in private hands, and foreign investment has risen.

Slovakia has recently been characterized by sustained high economic growth. In 2006, Slovakia achieved the highest growth of GDP (8.9%) among the members of the OECD. The annual GDP growth in 2007 is estimated at 10% with a record level of 14% reached in the fourth quarter. According to Eurostat data, Slovak PPS GDP per capita stood at 72 percent of the EU average in 2008.

Unemployment, peaking at 19.2% at the end of 1999, decreased to 7.51% in October 2008 according to the Statistical Office of the Slovak Republic. In addition to economic growth, migration of workers to other EU countries also contributed to this reduction. According to Eurostat, which uses a calculation method different from that of the Statistical Office of the Slovak Republic, the unemployment rate is still the second highest after Spain in the EU-15 group, at 9.9%.

Inflation dropped from an average annual rate of 12.0% in 2000 to just 3.3% in 2002, the election year, but it rose again in 2003–2004 because of rising labor costs and excess taxes. It reached 3.7% in 2005.

Slovakia adopted the Euro currency on 1 January 2009 as the 16th member of the Eurozone. The euro in Slovakia was approved by the European commission on 7 May 2008. The Slovak koruna was revalued on 28 May 2008 to 30.126 for 1 euro, which was also the exchange rate for the euro.

Slovakia is an attractive country for foreign investors mainly because of its low wages, low tax rates and well educated labour force. In recent years, Slovakia has been pursuing a policy of encouraging foreign investment. FDI inflow grew more than 600% from 2000 and cumulatively reached an all-time high of $17.3 billion USD in 2006, or around $22,000 per capita by the end of 2008.

Despite a sufficient number of researchers and a decent secondary educational system, Slovakia, along with other post-communist countries, still faces major challenges in the field of the knowledge economy. The business and public research and development expenditures are well below the EU average. The Programme for International Student Assessment, coordinated by the OECD, currently ranks Slovak secondary education the 30th in the world (placing it just below the United States and just above Spain).

In March 2008, the Ministry of Finance announced that Slovakia's economy is developed enough to stop being an aid receiver from the World Bank. Slovakia became an aid provider at the end of 2008.

Slovenia

EUROPE

Lying at the junction of central Europe and the Balkans, Slovenia seceded from socialist Yugoslavia in 1991. In 2004, it became the first former Yugoslav state to join the EU.

OFFICIAL NAME: Republic of Slovenia
DATE OF FORMATION: 1991
CAPITAL: Ljubljana
POPULATION: 2.04 million
TOTAL AREA: 7820 sq. miles (20,253 sq. km)
DENSITY: 258 people per sq. mile
LANGUAGES: Slovenian*
RELIGIONS: Roman Catholic 96%, other 3%, Muslim 1%
ETHNIC MIX: Slovene 83%, other 12%, Serb 2%, Croat 2%, Bosniak 1%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

Slovenia is situated in Central and Southeastern Europe touching the Alps and bordering the Mediterranean. It lies between latutudes 45° and 47° N, and longitudes 13° and 17° E. The 15th meridian east almost corresponds to the middle line of the country in the direction west-east. The geographical centre of Slovenia is at the coordinates 46°07'11.8" N and 14°48'55.2" E. It lies in Spodnja Slivna near Vače. Slovenia's highest peak is Triglav (2,864 m/9,396 ft); the country's average height above sea level is 557 m (1,827 ft).

Four major European geographic regions meet in Slovenia: the Alps, the Dinarides, the Pannonian Plain, and the Mediterranean. Although on the shore of the Adriatic Sea, near the Mediterranean, most of Slovenia is in the Black Sea drainage basin. The Alps—including the Julian Alps, the Kamnik-Savinja Alps and the Karavanke chain, as well as the Pohorje massif—dominate Northern Slovenia along its long border with Austria. Slovenia's Adriatic coastline stretches approximately 47 km (29 mi) from Italy to Croatia. The term "Karst topography" refers to that of southwestern Slovenia's Kras Plateau, a limestone region of underground rivers, gorges, and caves, between Ljubljana and the Mediterranean. On the Pannonian plain to the East and Northeast, toward the Croatian and Hungarian borders, the landscape is essentially flat. However, the majority of Slovenian terrain is hilly or mountainous, with around 90% of the surface 200 m (656 ft) or more above sea level.

Over half of the country (10,124 km^2/3,909 sq mi) is covered by forests. This makes Slovenia the third most forested country in Europe, after Finland and Sweden. The areas are covered mostly by beech, fir-beech and beech-oak forests and have a relatively high production capacity. Remnants of primeval forests are still to be found, the largest in the Kočevje area. Grassland covers 5,593 km^2 (2,159 sq mi) and fields and gardens (954 km^2/368 sq mi). There are 363 km^2 (140 sq mi) of orchards and 216 km^2 (83 sq mi) of vineyards.

Climate

Various geography and location between different regions also reflect the country's climate. In the Northeast, the continental climate type with greatest difference between winter and summer temperatures prevails. In the coastal region, there is sub-Mediterranean climate. The effect of the sea on the temperature rates is visible also up the Soča valley, while a severe Alpine climate is present in the high mountain regions. There is a strong interaction between these three climatic systems across most of the country. Precipitation varies across the country as well, with over 3500 mm in some Western regions and dropping down to 800 mm in Prekmurje. Snow is quite frequent in winter and the record snow cover in Ljubljana was recorded in 1952 at 146 cm. Strong winds are not very frequent in Slovenia with exception of the Littoral region where the wind burja (bora) can reach velocity up to 45 m/s in gusts.

People & Society

Long historical association with western Europe, accounts for the "Alpine" rather than "Balkan" outlook of Slovenia's people, despite close similarities to other former Yugoslavs. The absence of sizable Serb or Croat minorities made for a relatively peaceful secession from Yugoslavia. There are small communities of Italians and Magyars (Hungarians) in the southwest and east respectively.

Depending on definition, the between 65% and 79% of people live in urban areas. The biggest city is the capital, Ljubljana. Other bigger cities include Maribor, Celje, and Kranj. Overall, there are eleven urban municipalities in Slovenia.

Economy

Slovenia has a high-income developed economy and enjoys the highest GDP per capita of the new member states in the European Union, at $ 27,654 in 2009, or 88% of the EU average. Slovenia today is a developed country that enjoys prosperity and stability, as well as a GDP per capita substantially higher than that of the other transitioning economies of Central Europe, which is approximately at the same level as South Korea, New Zealand and Italy. Slovenia benefits from a well-educated and productive work force, and its political and economic institutions are vigorous and effective.

There is however a big difference in prosperity between Western Slovenia (Ljubljana, the Slovenian Littoral and Upper Carniola) with a GDP per capita at 106.7% of the EU average, which is at the level of certain prosperous European areas such as East Flanders, Outer London or Alsace, and South Eastern Slovenia (Inner Carniola, Lower Carniola, Slovenian Styria, Slovenian Carinthia and Prekmurje), which has a GDP per capita at 72.5% of the EU average, comparable to the poorest regions of Spain or Italy, such as Extremadura or Basilicata. The economically most prosperous regions of Slovenia are Central Slovenia and the Slovenian Littoral, while the poorest are Prekmurje, the Central Sava Valley and Slovenian Carinthia.

Although Slovenia has taken a cautious, deliberate approach to economic management and reform, with heavy emphasis on achieving consensus before proceeding, its overall record is one of success. Slovenia's trade is oriented towards other EU countries, mainly Germany, Austria, Italy, and France. This is the result of a wholesale reorientation of trade toward the West and the growing markets of central and eastern Europe in the face of the collapse of its Yugoslav markets. Slovenia's economy is highly dependent on foreign trade.

Trade equals about 120% of GDP (exports and imports combined). About two-thirds of Slovenia's trade is with EU members.This high level of openness makes it extremely sensitive to economic conditions in its main trading partners and changes in its international price competitiveness. However, despite the economic slowdown in Europe in 2001–03, Slovenia maintained 3% GDP growth. Keeping labour costs in line with productivity is thus a key challenge for Slovenia's economic well-being, and Slovenian firms have responded by specialising in mid- to high-tech manufacturing. Industry and construction comprise over one-third of GDP.

A big portion of the economy remains in state hands and foreign direct investment (FDI) in Slovenia is one of the lowest in the EU per capita. Taxes are relatively high, the labor market is seen by business interests as being inflexible, and industries are losing sales to China, India, and elsewhere.

During the first decade of the 21st century, privatisation was seen in the banking, telecommunications, and public utility sectors. Also, restrictions on foreign investment are being dismantled, and foreign direct investment (FDI) is expected to increase. Slovenia is the economic front-runner of the countries that joined the European Union in 2004. It was the first new member to adopt the euro on 1 January 2007, and it was the first new member to hold the presidency of the European Union in the first half of 2008.

In the financial crisis of the late 2000s, the Slovenian economy suffered a major setback. In 2009, the Slovenian GDP per capita shrank by 7.33%, which was the biggest fall in the European Union after the Baltic countries and Finland. Unemployment rose from 5.1% in 2008 to 11.1% in November 2010, which was above the average in the European Union, and was still rising. As of January 2011, the total national debt of Slovenia was unknown, but was estimated by media to amount to 22,43 billion euros or 63% of GDP, surpassing the European Union limit of 60% of GDP.

Slovenia offers tourists a wide variety of landscapes in a small space: Alpine in the northwest, Mediterranean in the southwest, Pannonian in the northeast and Dinaric in the southeast.

The nation's capital, Ljubljana, has many important Baroque and Vienna Secession buildings, with several important works of the native born architect Jože Plečnik.

At the North-Western corner of the country lie the Julian Alps with the picturesque Lake Bled and the Soča Valley, as well as the nation's highest peak, Mount Triglav in the middle of Triglav National Park. Other mountain ranges include Kamnik–Savinja Alps, Karavanke and Pohorje, popular with skiers and hikers.

Karst Plateau in the Slovenian Littoral gave the name to karst, a landscape shaped by water dissolving the carbonate bedrock, forming caves. The most famous caves are the Postojna Cave with more than 28 million visitors, and the UNESCO-listed Škocjan Caves. The region Slovenian Istria meets the Adriatic sea, where the most important historical monument is the Venetian Gothic Mediterranean city of Piran while the town Portorož attracts crowds in summer.

The hills around Slovenia's second-largest city, Maribor, are renowned for their wine-making. The northeastern part of the country is rich with spas, with Rogaška Slatina, Radenci, Čatež ob Savi, Dobrna, and Moravske Toplice growing in importance in the last two decades.

Other popular tourist destinations include the historic cities of Ptuj and Škofja Loka, and several castles, such as the Predjama Castle.

Important parts of tourism in Slovenia include congress and gambling tourism. Slovenia is the country with the highest percentage of casinos per 1,000 inhabitants in the European Union. Perla in Nova Gorica is the largest casino in the region.

Solomon Islands

AUSTRALASIA & OCEANIA

The Solomons archipelago comprises several hundred coral reef islands scattered in the southwestern Pacific. Most of the population live on the six largest islands.

OFFICIAL NAME: Solomon Islands
DATE OF FORMATION: 1978
CAPITAL: Honiara
POPULATION: 523,000
TOTAL AREA: 10,985 sq. miles (28,450 sq. km)
DENSITY: 48 people per sq. mile
LANGUAGES: English*, Pidgin English, Melanesian Pidgin, c. 120 others
RELIGIONS: Anglican 34%, Catholic 19%, other Protestant 38%, other 9%
ETHNIC MIX: Melanesian 94%, Polynesian 4%, other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Solomon Is. dollar = 100 cents

Geography

The Solomon Islands is an island nation that lies east of Papua New Guinea and consists of many islands: Choiseul, the Shortland Islands; the New Georgia Islands; Santa Isabel; the Russell Islands; Nggela (the Florida Islands); Malaita; Guadalcanal; Sikaiana; Maramasike; Ulawa; Uki; Makira (San Cristobal); Santa Ana; Rennell and Bellona; the Santa Cruz Islands and three remote, tiny outliers, Tikopia, Anuta, and Fatutaka.

The country's islands lie between latitudes 5° and 13°S, and longitudes 155° and 169°E. The distance between the westernmost and easternmost islands is about 1,500 kilometres (930 mi). The Santa Cruz Islands (of which Tikopia is part), are situated north of Vanuatu and are especially isolated at more than 200 kilometres (120 mi) from the other islands. Bougainville is geographically part of the Solomon Islands, but politically Papua New Guinea.

The islands' ocean-equatorial climate is extremely humid throughout the year, with a mean temperature of 27 °C (80 °F) and few extremes of temperature or weather. June through August is the cooler period. Though seasons are not pronounced, the northwesterly winds of November through April bring more frequent rainfall and occasional squalls or cyclones. The annual rainfall is about 3050 mm (120 in).

The Solomon Islands archipelago is part of two distinct terrestrial ecoregions. Most of the islands are part of the Solomon Islands rain forests ecoregion, which also includes the islands of Bougainville and Buka, which are part of Papua New Guinea, these forests have come under pressure from forestry activities. The Santa Cruz Islands are part of the Vanuatu rain forests ecoregion, together with the neighboring archipelago of Vanuatu. Soil quality ranges from extremely rich volcanic (there are volcanoes with varying degrees of activity on some of the larger islands) to relatively infertile limestone. More than 230 varieties of orchids and other tropical flowers brighten the landscape.

The islands contain several active and dormant volcanoes. The Tinakula and Kavachi volcanoes are the most active.

Climate

The climate is tropical, though temperatures are rarely extreme due to cooling winds blowing off the surrounding seas. Daytime temperatures are normally 25 to 32 degrees Celsius (77 to 90 °F), falling about 13 to 15 °C (59 °F) at night. From April to October (the Dry Season), the Southeast trade winds blow, gusting at times up to 30 knots (55 km/h) or more. November to March is the wet season—the northwest monsoon—typically warmer and wetter. Cyclones arise in the Coral Sea and the area of the Solomon Islands, but they usually veer toward Vanuatu and New Caledonia or down the coast of Australia.

People & Society

Almost all Solomon Islanders are Melanesian. Tensions are regional; Guadalcanal natives (Isatabu) fought against immigrant Malaitan workers in the 1998–2000 conflict, displacing thousands and ruining the economy. In 2003, Australian-led peacekeepers arrived to try to restore the rule of law. Outlying islands have pressed for autonomy. Animist beliefs exist alongside Christianity.

Female life expectancy at birth was at 66.7 years and male life expectancy at birth at 64.9 in 2007. 1990–1995 fertility rate was at 5.5 births per woman. Government expenditure on health per capita was at US$ 99 (PPP). Healthy life expectancy at birth is at 60 years.

Economy

Its per capita GDP of $600 ranks Solomon Islands as a lesser developed nation, and more than 75% of its labor force is engaged in subsistence and fishing. Most manufactured goods and petroleum products must be imported. Until 1998, when world prices for tropical timber fell steeply, timber was Solomon Islands' main export product, and, in recent years, Solomon Islands forests were dangerously overexploited. Other important cash crops and exports include copra and palm oil. In 1998 Ross Mining of Australia began producing gold at Gold Ridge on Guadalcanal. Minerals exploration in other areas continued. However in the wake of the ethnic violence in June 2000, exports of palm oil and gold ceased while exports of timber fell. The islands are rich in undeveloped mineral resources such as lead, zinc, nickel, and gold.

Solomon Islands' fisheries also offer prospects for export and domestic economic expansion. However, a Japanese joint venture, Solomon Taiyo Ltd., which operated the only fish cannery in the country, closed in mid-2000 as a result of the ethnic disturbances. Though the plant has reopened under local management, the export of tuna has not resumed. Negotiations are underway that may lead to the eventual reopening of the Gold Ridge mine and the major oil-palm plantation.

Tourism, particularly diving, is an important service industry for Solomon Islands. Growth in that industry is hampered, however, by lack of infrastructure and transportation limitations.

The Solomon Islands Government was insolvent by 2002. Since the RAMSI intervention in 2003, the government has recast its budget. It has consolidated and renegotiated its domestic debt and with Australian backing, is now seeking to renegotiate its foreign obligations. Principal aid donors are Australia, New Zealand, the European Union, Japan, and the Republic of China.

Recently, the Solomons courts have re-approved the export of live dolphins for profit, most recently to Dubai, United Arab Emirates. This practice was originally stopped by the government in 2004 after international uproar over a shipment of 28 live dolphins to Mexico. The move has resulted in criticism from both Australia and New Zealand as well as several conservation organisations.

Somalia

AFRICA

A semiarid state occupying the Horn of Africa, Somalia was formed from the Italian and British colonies of Somaliland. Conflict has left it without effective government since 1991.

OFFICIAL NAME: Somalia
DATE OF FORMATION: 1960
CAPITAL: Mogadishu
POPULATION: 9.35 million
TOTAL AREA: 246,199 sq. miles (637,657 sq. km)
DENSITY: 38 people per sq. mile
LANGUAGES: Somali*, Arabic*, English, Italian
RELIGIONS: Sunni Muslim 98%, Christian 2%
ETHNIC MIX: Somali 85%, other 15%
GOVERNMENT: Transitional regime
CURRENCY: Somali shilin = 100 senti

Geography

Somalia is bordered by Djibouti to the northwest, Kenya to the southwest, the Gulf of Aden with Yemen to the north, the Indian Ocean to the east, and Ethiopia to the west. It lies between latitudes 2°S and 12°N, and longitudes 41° and 52°E. Strategically located at the mouth of the Bab el Mandeb gateway to the Red Sea and the Suez Canal, the country occupies the tip of a region that, due to its resemblance on the map to a rhinoceros' horn, is commonly referred to as the Horn of Africa.

Somalia has the longest coastline on the continent, with a seaboard that stretches 3,025 kilometers. Its terrain consists mainly of plateaus, plains and highlands. The nation has a total area of 637,657 square kilometers (246,199 square miles) of which constitutes land, with 10,320 square kilometers (3,985 square miles) of water. Somalia's land boundaries extend to about 2,366 kilometers (1,470 miles) of that is shared with (58 kilometers, or 36 miles) with Djibouti, (682 kilometers, or 424 miles) with Kenya, and {1,626 kilometers, or 1,010 miles} with Ethiopia. Its maritime claims include territorial waters of 200 nautical miles (370 km; 230 mi).

In the north, a scrub-covered, semi-desert plain referred as the Guban lies parallel to the Gulf of Aden littoral. With a width of twelve kilometers in the west to as little as two kilometers in the east, the plain is bisected by watercourses that are essentially beds of dry sand except during the rainy seasons. When the rains arrive, the Guban's low bushes and grass clumps transform into lush vegetation. This coastal strip is part of the Ethiopian xeric grasslands and shrublands ecoregion.

Cal Madow is a mountain range in the northeastern part of the country. Extending from several kilometers west of the city of Bosaso to the northwest of Erigavo, it features Somalia's highest peak, Shimbiris, which sits at an elevation of about 2,416 metres (7,927 ft). The rugged east-west ranges of the Karkaar Mountains also lie to the interior of the Gulf of Aden littoral. In the central regions, the country's northern mountain ranges give way to shallow plateaus and typically dry watercourses that are referred to locally as the Ogo. The Ogo's western plateau, in turn, gradually merges into the Haud, an important grazing area for livestock.

Somalia has only two permanent rivers, the Jubba and the Shabele, both of which begin in the Ethiopian Highlands. These rivers mainly flow southwards, with the Jubba River entering the Indian Ocean at Kismayo. The Shabele River at one time apparently used to enter the sea near Merca, but now reaches a point just southwest of Mogadishu. After that, it consists of swamps and dry reaches before finally disappearing in the desert terrain east of Jilib, near the Jubba River.

Climate

Due to Somalia's proximity to the equator, there is not much seasonal variation in its climate. Hot conditions prevail year-round along with periodic monsoon winds and irregular rainfall. Mean daily maximum temperatures range from 30 to 40 °C (86 to 104 °F), except at higher elevations and along the eastern seaboard, where the effects of a cold offshore current can be felt. In Mogadishu, for instance, average afternoon highs range from 28 °C (82 °F) to 32 °C (90 °F) in April. Some of the highest mean annual temperatures in the world have been recorded in the country; Berbera on the northwestern coast has an afternoon high that averages more than 38 °C (100 °F) from June through September. Nationally, mean daily minimums usually vary from about 15 to 30 °C (59 to 86 °F). The greatest range in climate occurs in northern Somalia, where temperatures sometimes surpass 45 °C (113 °F) in July on the littoral plains and drop below the freezing point during December in the highlands. In this region, relative humidity ranges from about 40% in the mid-afternoon to 85% at night, changing somewhat according to the season.

Unlike the climates of most other countries at this latitude, conditions in Somalia range from arid in the northeastern and central regions to semiarid in the northwest and south. In the northeast, annual rainfall is less than 4 inches (100 mm); in the central plateaus, it is about 8 to 12 inches (200 to 300 mm). The northwestern and southwestern parts of the nation, however, receive considerably more rain, with an average of 20 to 24 inches (510 to 610 mm) falling per year. Although the coastal regions are hot and humid throughout the year, the hinterland is typically dry and hot.

There are four main seasons around which pastoral and agricultural life revolve, and these are dictated by shifts in the wind patterns. From December to March is the Jilal, the harshest dry season of the year. The main rainy season, referred to as the Gu, lasts from April to June. This period is characterized by the southwest monsoons, which rejuvenate the pasture land, especially the central plateau, and briefly transform the desert into lush vegetation. From July to September is the second dry season, the Xagaa (pronounced "Hagaa"). The Dayr, which is the shortest rainy season, lasts from October to December. The tangambili periods that intervene between the two monsoons (October–November and March–May) are hot and humid.

People & Society

The clan system forms the basis of all commercial, political, and social life. Most people are ethnic Somali. The minority Bantu are traditionally seen as socially inferior. Since the 1991 coup, Somalia has lacked a strong central authority. Somaliland has declared independence, while Puntland claims autonomy. Islamist militias now control most of the country: some have joined the latest attempt at a transitional government, but fighting continues.

Following the outbreak of the civil war in 1991, the task of running schools in Somalia was initially taken up by community education committees established in 94% of the local schools. Numerous problems had arisen with regard to access to education in rural areas and along gender lines, quality of educational provisions, responsiveness of school curricula, educational standards and controls, management and planning capacity, and financing. To address these concerns, educational policies are being developed which are aimed at guiding the scholastic process. In the autonomous Puntland region, the latter includes a gender sensitive national education policy compliant with world standards, such as those outlined in the Convention on the Rights of the Child (CRC) and the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW). Examples of this and other educational measures at work are the regional government's enactment of legislation aimed at securing the educational interests of girls, promoting the growth of an Early Childhood Development (ECD) program designed to reach parents and care-givers in their homes as well as in the ECD centers for 0–5 year old children, and introducing incentive packages to encourage teachers to work in remote rural areas.

Economy

According to the CIA and the Central Bank of Somalia, despite experiencing civil unrest, Somalia has maintained a healthy informal economy, based mainly on livestock, remittance/money transfer companies and telecommunications. Due to a dearth of formal government statistics and the recent civil war, it is difficult to gauge the size or growth of the economy. For 1994, the CIA estimated the GDP at $3.3 billion. In 2001, it was estimated to be $4.1 billion. By 2009, the CIA estimated that the GDP had grown to $5.731 billion, with a projected real growth rate of 2.6%. According to a 2007 British Chambers of Commerce report, the private sector also grew, particularly in the service sector. Unlike the pre-civil war period when most services and the industrial sector were government-run, there has been substantial, albeit unmeasured, private investment in commercial activities; this has been largely financed by the Somali diaspora, and includes trade and marketing, money transfer services, transportation, communications, fishery equipment, airlines, telecommunications, education, health, construction and hotels. Libertarian economist Peter T. Leeson attributes this increased economic activity to the Somali customary law (referred to as Xeer), which he suggests provides a stable environment to conduct business in.

The Central Bank of Somalia indicates that the country's GDP per capita is $333, which is lower than that of Kenya at $350, but better than that of Tanzania at $280 as well as Eritrea at $190 and Ethiopia at $100. About 43% of the population live on less than 1 US dollar a day, with about 24% of those found in urban areas and 54% living in rural areas.

As with neighboring countries, Somalia's economy consists of both traditional and modern production, with a gradual shift in favor of modern industrial techniques taking root. According to the Central Bank of Somalia, about 80% of the population are nomadic or semi-nomadic pastoralists, who keep goats, sheep, camels and cattle. The nomads also gather resins and gums to supplement their income.

Agriculture is the most important economic sector. It accounts for about 65% of the GDP and employs 65% of the workforce. Livestock contributes about 40% to GDP and more than 50% of export earnings. Other principal exports include fish, charcoal and bananas; sugar, sorghum and corn are products for the domestic market. According to the Central Bank of Somalia, imports of goods total about $460 million per year, surpassing aggregate imports prior to the start of the civil war in 1991. Exports, which total about $270 million annually, have also surpassed pre-war aggregate export levels. Somalia has a trade deficit of about $190 million per year, but this is exceeded by remittances sent by Somalis in the diaspora, estimated to be about $1 billion.

With the advantage of being located near the Arabian Peninsula, Somali traders have increasingly begun to challenge Australia's traditional dominance over the Gulf Arab livestock and meat market, offering quality animals at very low prices. In response, Gulf Arab states have started to make strategic investments in the country, with Saudi Arabia building livestock export infrastructure and the United Arab Emirates purchasing large farmlands. Somalia is also a major world supplier of frankincense and myrrh.

The modest industrial sector, based on the processing of agricultural products, accounts for 10% of Somalia's GDP. Up to 14 private airline firms operating 62 aircraft now also offer commercial flights to international locations, including Daallo Airlines. With competitively priced flight tickets, these companies have helped buttress Somalia's bustling trade networks. In 2008, the Puntland government signed a multi-million dollar deal with Dubai's Lootah Group, a regional industrial group operating in the Middle East and Africa. According to the agreement, the first phase of the investment is worth Dhs 170 m and will see a set of new companies established to operate, manage and build Bosaso's free trade zone and sea and airport facilities. The Bosaso Airport Company is slated to develop the airport complex to meet international standards, including a new 3.4 km runway, main and auxiliary buildings, taxi and apron areas, and security perimeters.

Prior to the outbreak of the civil war in 1991, the roughly 53 state-owned small, medium and large manufacturing firms were foundering, with the ensuing conflict destroying many of the remaining industries. However, primarily as a result of substantial local investment by the Somali diaspora, many of these small-scale plants have re-opened and newer ones have been created. The latter include fish-canning and meat-processing plants in the northern regions, as well as about 25 factories in the Mogadishu area, which manufacture pasta, mineral water, confections, plastic bags, fabric, hides and skins, detergent and soap, aluminum, foam mattresses and pillows, fishing boats, carry out packaging, and stone processing. In 2004, an $8.3 million Coca-Cola bottling plant also opened in the city, with investors hailing from various constituencies in Somalia. Foreign investment also included multinationals like General Motors and Dole Fruit.

Airspace over Somalia is controlled by the UN, with the $275 per plane going to the UN rather than the Somali government. The TFG is trying to obtain control of the airspace, but it is not known if they will be able to maintain it effectively.

South Africa

AFRICA

After 80 years of white minority rule, South Africa held its first multiracial, multiparty elections in 1994. Victory for the blacks marked the symbolic overturning of long years of apartheid.

OFFICIAL NAME: Republic of South Africa
DATE OF FORMATION: 1934
CAPITAL: Tshwane / Pretoria; Cape Town; Bloemfontein
POPULATION: 50.5 million
TOTAL AREA: 471,008 sq. miles (1,219,912 sq. km)
DENSITY: 106 people per sq. mile
LANGUAGES: English*, isiZulu*, isiXhosa*, Afrikaans*, 7 other official languages*
RELIGIONS: Christian 68%, animist and traditional beliefs 29%, other 3%
ETHNIC MIX: Black 79%, White 10%, Mixed race 9%, Asian 2%
GOVERNMENT: Presidential system
CURRENCY: Rand = 100 cents

Geography

South Africa is located at the southernmost region of Africa, with a long coastline that stretches more than 2,500 km (1,553 mi) and along two oceans (the South Atlantic and the Indian). At 1,219,912 km^2 (471,011 sq mi), South Africa is the 25th-largest country in the world and is comparable in size to Colombia. Mafadi in the Drakensberg at 3,450 m (11,320 ft) is the highest peak in South Africa. Excluding the Prince Edward Islands, the country lies between latitudes 22° and 35°S, and longitudes 16° and 33°E.

The interior of South Africa is a vast, flat, and sparsely populated scrubland, the Karoo, which is drier towards the northwest along the Namib desert. In contrast, the eastern coastline is lush and well-watered, which produces a climate similar to the tropics.

To the north of Johannesburg, the altitude drops beyond the escarpment of the Highveld, and turns into the lower lying Bushveld, an area of mixed dry forest and an abundance of wildlife. East of the Highveld, beyond the eastern escarpment, the Lowveld stretches towards the Indian Ocean. It has particularly high temperatures, and is also the location of extended subtropical agriculture.

South Africa also has one possession, the small sub-Antarctic archipelago of the Prince Edward Islands, consisting of Marion Island (290 km^2/110 sq mi) and Prince Edward Island (45 km^2/17 sq mi) (not to be confused with the Canadian province of the same name).

Climate

South Africa has a generally temperate climate, due in part to being surrounded by the Atlantic and Indian Oceans on three sides, by its location in the climatically milder southern hemisphere and due to the average elevation rising steadily towards the north (towards the equator) and further inland. Due to this varied topography and oceanic influence, a great variety of climatic zones exist. Winters in South Africa occur between June and August.

The climatic zones vary, from the extreme desert of the southern Namib in the farthest northwest to the lush subtropical climate in the east along the Mozambique border and the Indian ocean. From the east, the land quickly rises over a mountainous escarpment towards the interior plateau known as the Highveld. Even though South Africa is classified as semi-arid, there is considerable variation in climate as well as topography.

The extreme southwest has a climate remarkably similar to that of the Mediterranean with wet winters and hot, dry summers, hosting the famous Fynbos Biome of grassland and thicket. This area also produces much of the wine in South Africa. This region is also particularly known for its wind, which blows intermittently almost all year. The severity of this wind made passing around the Cape of Good Hope particularly treacherous for sailors, causing many shipwrecks. Further east on the south coast, rainfall is distributed more evenly throughout the year, producing a green landscape. This area is popularly known as the Garden Route.

The Free State is particularly flat because it lies centrally on the high plateau. North of the Vaal River, the Highveld becomes better watered and does not experience subtropical extremes of heat. Johannesburg, in the centre of the Highveld, is at 1,740 m (5,709 ft) and receives an annual rainfall of 760 mm (29.9 in). Winters in this region are cold, although snow is rare.

The high Drakensberg mountains, which form the south-eastern escarpment of the Highveld, offer limited skiing opportunities in winter. The coldest place in South Africa is Sutherland in the western Roggeveld Mountains, where midwinter temperatures can reach as low as −15 °C (5 °F). The deep interior has the hottest temperatures: a temperature of 51.7 °C (125.06 °F) was recorded in 1948 in the Northern Cape Kalahari near Upington.

People & Society

The majority black population now dominates politically, but the minority white community still controls the economy. A small black middle class is growing, but unemployment among blacks remains high. Over five million people are HIV-positive, but the fight against AIDS is hampered by social attitudes. Violent crime is a problem.

The white population is not ethnically homogeneous and descends from many ethnic groups: Dutch, Flemish, Portuguese, Norwegian, German, Greek, French Huguenot, English, Polish, Irish, Italian, Scottish, and Welsh. Culturally and linguistically, they are divided into the Afrikaners, who speak Afrikaans, and English-speaking groups, many of whom are descended from British and Irish immigrants (see Anglo-African). Many small communities that have immigrated over the last century retain the use of other languages. There is also a substantial (though decreased) Jewish population, the majority of whom came from Lithuania at the turn of the 20th century; though others came then and later from Great Britain, the former Soviet Union and Israel. The white population has until recently been on the decrease due to a low birth rate and emigration; as a factor in their decision to emigrate, many cite the high crime rate and the affirmative action policies of the government. Since 1994, approximately 440,000 white South Africans have permanently emigrated. Between 2009 and 2010, the number of white South Africans grew by 108,000. Their growth rate of 2.5% was the highest of any other population group.

Economy

South Africa has a mixed economy with high rate of poverty and low GDP per capita. By UN classification South Africa is a middle-income country with an abundant supply of resources, well-developed financial, legal, communications, energy, and transport sectors, a stock exchange that ranks among the top twenty in the world, and a modern infrastructure supporting an efficient distribution of goods to major urban centres throughout the entire region. South Africa is ranked 25th in the world in terms of GDP (PPP) as of 2008, and is considered a newly industrialized country.

Advanced development is significantly localised around four areas: Cape Town, Port Elizabeth, Durban, and Pretoria/Johannesburg. Beyond these four economic centres, development is marginal and poverty is still prevalent despite government efforts. Consequently the vast majority of South Africans are poor, though key marginal areas have experienced rapid growth recently. Such areas include Mossel Bay to Plettenberg Bay; Rustenburg area; Nelspruit area; Bloemfontein; Cape West Coast; and the KwaZulu-Natal North Coast.

Unemployment is extremely high and South Africa is ranked in the top 10 countries in the world for income inequality, measured by the Gini coefficient. During 1995–2003, the number of formal jobs decreased and informal jobs increased; overall unemployment worsened. The average South African household income decreased considerably between 1995 and 2000. Average white households were reported by Statistics South Africa in 1995 as earning four times as much as the average black household. In 2000 the average white household was earning six times more than the average black household The post-apartheid government's official Black Economic Empowerment (BEE) policies are defined as acknowledging "the need for greater overall equity, including through collective ownership by workers and communities as well as skills development." In practice, however, BEE has drawn criticism from the Development Bank of Southern Africa's lead economist for focusing "almost exclusively on promoting individual ownership by black people (which) does little to address broader economic disparities, though the rich may become more diverse." Official affirmative action policies have seen a rise in black economic wealth and an emerging black middle class. Other problems include crime and HIV/AIDS. South Africa suffers from relatively heavy overall regulation burden compared to developed countries. State ownership and interference impose high barriers to entry in many areas. Restrictive labour regulations have contributed to the unemployment malaise.

The 1994 government inherited an economy wracked by long years of internal conflict and external sanctions. The government refrained from resorting to economic populism. Inflation was brought down, public finances were stabilised, and some foreign capital was attracted. Growth was still subpar. At the start of 2000, then President Thabo Mbeki vowed to promote economic growth and foreign investment by relaxing restrictive labour laws, stepping up the pace of privatisation, and cutting unneeded governmental spending. His policies faced strong opposition from organised labour. From 2004 onward economic growth picked up significantly; both employment and capital formation increased.

South Africa is the largest energy producer and consumer on the continent. South Africa is a popular tourist destination, and a substantial amount of revenue comes from tourism. Among the main attractions are the diverse and picturesque culture, the game reserves and the highly regarded local wines.

The South African rand (ZAR), is the most actively traded emerging market currency in the world. It has joined an elite club of fifteen currencies, the Continuous linked settlement (CLS), where forex transactions are settled immediately, lowering the risks of transacting across time zones. The rand was the best-performing currency against the United States dollar (USD) between 2002 and 2005, according to the Bloomberg Currency Scorecard.

The volatility of the rand has affected economic activity, falling sharply during 2001 and hitting a historic low of 13.85 ZAR to the US$, raising fears of inflation, and causing the Reserve Bank to increase interest rates. The rand has since recovered, trading at 7.09 ZAR to the dollar as of Sept. 2010. As exporters are put under considerable pressure from a stronger domestic currency, many call for government intervention to help soften the rand.

Refugees from poorer neighbouring countries include many immigrants from the Democratic Republic of the Congo, Mozambique, Zimbabwe, Malawi and others, representing a large portion of the informal sector. With high unemployment levels amongst poorer South Africans, xenophobia is prevalent and many people born in South Africa feel resentful of immigrants who are seen to be depriving the native population of jobs, a feeling which has been given credibility by the fact that many South African employers have employed migrants from other countries for lower pay than South African citizens, especially in the construction, tourism, agriculture and domestic service industries. Illegal immigrants are also heavily involved in informal trading. Many immigrants to South Africa continue to live in poor conditions, and the South African immigration policy has become increasingly restrictive since 1994.

Principal international trading partners of South Africa—besides other African countries—include Germany, the United States, China, Japan, the United Kingdom and Spain. Chief exports include corn, diamonds, fruits, gold, metals and minerals, sugar, and wool. Machinery and transportation equipment make up more than one-third of the value of the country's imports. Other imports include chemicals, manufactured goods, and petroleum.

Spain

EUROPE

Lodged between Europe, Africa, the North Atlantic, and the Mediterranean, Spain has occupied a pivotal global position since unification under Ferdinand and Isabella in 1492.

OFFICIAL NAME: Kingdom of Spain
DATE OF FORMATION: 1492
CAPITAL: Madrid
POPULATION: 46 million
TOTAL AREA: 194,896 sq. miles (504,782 sq. km)
DENSITY: 233 people per sq. mile
LANGUAGES: Spanish*, Catalan*, Galician*, Basque*
RELIGIONS: Roman Catholic 96%, other 4%
ETHNIC MIX: Spanish 72%, Catalan 17%, Galician 6%, other 3%, Basque 2%
GOVERNMENT: Parliamentary system
CURRENCY: Euro = 100 cents

Geography

At 504,782 km^2 (194,897 sq mi), Spain is the world's 51st-largest country. It is some 47,000 km^2 (18,000 sq mi) smaller than France and 81,000 km^2 (31,000 sq mi) larger than the U.S. state of California. The Teide (Tenerife, Canary Islands is the highest peak of Spain and the third largest volcano in the world from its base.

Spain lies between latitudes 26° and 44° N, and longitudes 19° W and 5° E.

On the west, Spain borders Portugal; on the south, it borders Gibraltar (a British overseas territory) and Morocco, through its exclaves in North Africa (Ceuta, Melilla, and Peñón de Vélez de la Gomera). On the northeast, along the Pyrenees mountain range, it borders France and the tiny principality of Andorra. Along the Pyrenees in Catalonia, a small exclave town called Llívia is surrounded by France.

Mainland Spain is a mountainous country, dominated by high plateaus and mountain chains. After the Pyrenees, the main mountain ranges are the Cordillera Cantábrica, Sistema Ibérico, Sistema Central, Montes de Toledo, Sierra Morena and the Sistema Penibético whose highest peak, the 3,478 m high Mulhacén, located in Sierra Nevada, is the highest elevation in the Iberian peninsula, while the highest point in Spain is the Teide, a 3,718 m high active volcano in the Canary Islands. The Meseta Central is a vast plateau in the heart of peninsular Spain.

There are several major rivers in Spain such as the Tagus, the Ebro, the Duero, the Guadiana and the Guadalquivir. Alluvial plains are found along the coast, the largest of which is that of the Guadalquivir in Andalusia.

Climate

Three main climatic zones can be separated, according to geographical situation and orographic conditions:

- The Mediterranean climate, characterized by dry and warm summers. According to the Köppen climate classification, it is dominant in the peninsula, with two varieties: Csa and Csb.

- The semiarid climate (Bsh, Bsk), located in the southeastern quarter of the country, especially in the region of Murcia and in the Ebro valley. In contrast with the Mediterranean climate, the dry season extends beyond the summer.

- The oceanic climate (Cfb and partly Cwb - subtropical highland variety), located in north quarter of the country, especially in the region of Basque Country, Cantabria, Asturias and Galicia. In contrary to the Mediterranean climate, winter and summer temperatures are influenced by the ocean.

Apart from these main types, other can be found, like the alpine climate in the Pyrenees and Sierra Nevada, and microclimates of subtropical climate in the Canary Islands, with year-round summer.

People & Society

A vigorous ethnic regionalism, suppressed under Franco's fascist regime, now flourishes. There are 17 autonomous regions. People remain churchgoing, though Roman Catholic teachings on social issues are often flouted. Spanish women are increasingly emancipated, with strong political representation.

Spain is an essentially western country whose culture has Greco-Roman foundations. Aspects of the country's culture have been influenced by many peoples throughout its history; including the Iberian, Celtic, Roman, Visigothic, Islamic, Jewish, and Roman Catholic influences.

The history of Spain, with its Mediterranean-Atlantic environment has played a strong role in shaping its culture. After Italy, Spain has the second highest number of UNESCO World Heritage Sites in the world, with a total of 40.

Spain's capitalist mixed economy is the twelfth largest worldwide and the fifth largest in the European Union, as well as the Eurozone's fourth largest.

The centre-right government of former prime minister José María Aznar worked successfully to gain admission to the group of countries launching the euro in 1999. Unemployment stood at 7.6% in October 2006, a rate that compared favorably to many other European countries, and especially with the early 1990s when it stood at over 20%. Perennial weak points of Spain's economy include high inflation, a large underground economy, and an education system which OECD reports place among the poorest for developed countries, together with the United States and UK.

However, the property bubble that begun building from 1997, fed by historically low interest rates and an immense surge in immigration, imploded in 2008, leading to a rapidly weakening economy and soaring unemployment. By the end of May 2009, unemployment reached 18.7% (37% for youths).

Before the current crisis, the Spanish economy was credited for having avoided the virtual zero growth rate of some of its largest partners in the EU. In fact, the country's economy created more than half of all the new jobs in the European Union over the five years ending 2005, a process that is rapidly being reversed. The Spanish economy has been until recently regarded as one of the most dynamic within the EU, attracting significant amounts of foreign investment.

The most recent economic growth benefited greatly from the global real estate boom, with construction representing an astonishing 16% of GDP and 12% of employment in its final year.

According to calculations by the German newspaper Die Welt, Spain was on course to overtake countries like Germany in per capita income by 2011. However, the GDP per capita of Spain was still lower than the European Union average at US$29,875 in 2010, making it the second lowest in the Western Europe after Portugal. The downside of the now defunct real estate boom is also a corresponding rise in the levels of personal debt: as prospective home owners struggled to meet asking prices, the average level of household debt tripled in less than a decade. This placed especially great pressure upon lower to middle income groups; by 2005 the median ratio of indebtedness to income had grown to 125%, due primarily to expensive boom time mortgages that now often exceed the value of the property.

In 2008/2009 the credit crunch and world recession manifested itself in Spain through a massive downturn in the property sector. Fortunately, Spain's banks and financial services avoided the more severe problems of their counterparts in the USA and UK, due mainly to a stringently enforced conservative financial regulatory regime. The Spanish financial authorities had not forgotten the country's own banking crisis of 1979 and an earlier real-estate-precipitated banking crisis of 1993. Indeed, Spain's largest bank, Banco Santander, participated in the UK government's bail-out of part of the UK banking sector.

A European Commission forecast predicted Spain would enter a recession by the end of 2008. According to Spain's Finance Minister, "Spain faces its deepest recession in half a century". Spain's government forecast the unemployment rate would rise to 16% in 2009. The ESADE business school predicted 20%.

Economy

Spain's capitalist mixed economy is the twelfth largest worldwide and the fifth largest in the European Union, as well as the Eurozone's fourth largest.

The centre-right government of former prime minister José María Aznar worked successfully to gain admission to the group of countries launching the euro in 1999. Unemployment stood at 7.6% in October 2006, a rate that compared favorably to many other European countries, and especially with the early 1990s when it stood at over 20%. Perennial weak points of Spain's economy include high inflation, a large underground economy, and an education system which OECD reports place among the poorest for developed countries, together with the United States and UK.

However, the property bubble that begun building from 1997, fed by historically low interest rates and an immense surge in immigration, imploded in 2008, leading to a rapidly weakening economy and soaring unemployment. By the end of May 2009, unemployment reached 18.7% (37% for youths).

Before the current crisis, the Spanish economy was credited for having avoided the virtual zero growth rate of some of its largest partners in the EU. In fact, the country's economy created more than half of all the new jobs in the European Union over the five years ending 2005, a process that is rapidly being reversed. The Spanish economy has been until recently regarded as one of the most dynamic within the EU, attracting significant amounts of foreign investment.

The most recent economic growth benefited greatly from the global real estate boom, with construction representing an astonishing 16% of GDP and 12% of employment in its final year.

According to calculations by the German newspaper Die Welt, Spain was on course to overtake countries like Germany in per capita income by 2011. However, the GDP per capita of Spain was still lower than the European Union average at US$29,875 in 2010, making it the second lowest in the Western Europe after Portugal. The downside of the now defunct real estate boom is also a corresponding rise in the levels of personal debt: as prospective home owners struggled to meet asking prices, the average level of household debt tripled in less than a decade. This placed especially great pressure upon lower to middle income groups; by 2005 the median ratio of indebtedness to income had grown to 125%, due primarily to expensive boom time mortgages that now often exceed the value of the property.

In 2008/2009 the credit crunch and world recession manifested itself in Spain through a massive downturn in the property sector. Fortunately, Spain's banks and financial services avoided the more severe problems of their counterparts in the USA and UK, due mainly to a stringently enforced conservative financial regulatory regime. The Spanish financial authorities had not forgotten the country's own banking crisis of 1979 and an earlier real-estate-precipitated banking crisis of 1993. Indeed, Spain's largest bank, Banco Santander, participated in the UK government's bail-out of part of the UK banking sector.

A European Commission forecast predicted Spain would enter a recession by the end of 2008. According to Spain's Finance Minister, "Spain faces its deepest recession in half a century". Spain's government forecast the unemployment rate would rise to 16% in 2009. The ESADE business school predicted 20%.

Sri Lanka

ASIA

The teardrop-shaped island of Sri Lanka is separated from India by the Palk Strait. Ethnic Tamil rebels – the Tamil Tigers – were defeated in 2009, after a brutal 26-year civil war.

OFFICIAL NAME: Democratic Socialist Republic of Sri Lanka
DATE OF FORMATION: 1948
CAPITAL: Colombo
POPULATION: 20.2 million
TOTAL AREA: 25,332 sq. miles (65,610 sq. km)
DENSITY: 810 people per sq. mile
LANGUAGES: Sinhala*, Tamil*, English
RELIGIONS: Buddhist 69%, Hindu 15%, Muslim 8%, Christian 8%
ETHNIC MIX: Sinhalese 82%, Tamil 9%, Moor 8%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Sri Lanka rupee = 100 cents

Geography

The island of Sri Lanka lies atop the Indian tectonic plate, a minor plate within the Indo-Australian Plate. It is positioned in the Indian Ocean, to the southwest of the Bay of Bengal, between latitudes 5° and 10°N, and longitudes 79° and 82°E. Sri Lanka is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait. According to the Hindu mythology, a land bridge existed between the Indian mainland and Sri Lanka. It now amounts to only a chain of limestone shoals remaining above sea level. It was reportedly passable on foot up to 1480 AD, until cyclones deepened the channel.

The island consists mostly of flat-to-rolling coastal plains, with mountains rising only in the south-central part. Amongst these is the highest point Pidurutalagala, reaching 2,524 metres (8,281 ft) above sea level. The climate of Sri Lanka can be described as tropical and warm. Its position endows the country with a warm climate moderated by ocean winds and considerable moisture. The mean temperature ranges from about 17 °C (62.6 °F) in the central highlands, where frost may occur for several days in the winter, to a maximum of approximately 33 °C (91.4 °F) in other low-altitude areas. The average yearly temperature ranges from 28 °C (82.4 °F) to nearly 31 °C (87.8 °F). Day and night temperatures may vary by 14 °C (25.2 °F) to 18 °C (32.4 °F).

Rainfall pattern of the country is influenced by Monsoon winds from the Indian Ocean and Bay of Bengal. The "wet zone" and some of the windward slopes of the central highlands receive up to 2,500 millimetres (98.4 in) of rain each month, but the leeward slopes in the east and northeast receive little rain. Most of the east, southeast, and northern parts of the country comprise the "dry zone", which receives between 1,200 mm (47 in) and 1,900 mm (75 in) of rain annually. The arid northwest and southeast coasts receive the least amount of rain at 800 mm (31 in) to 1,200 mm (47 in) per year. Periodic squalls occur and sometimes tropical cyclones bring overcast skies and rains to the southwest, northeast, and eastern parts of the island. Humidity is typically higher in the southwest and mountainous areas and depends on the seasonal patterns of rainfall.

Longest of the 103 rivers in the country is Mahaweli River, covering a distance of 335 kilometres (208 mi).These waterways give rise to 51 natural waterfalls, having a height of 10 meters or more. The highest one is Bambarakanda Falls, with a height of 263 metres (863 ft). Sri Lanka's coastline is 1,585 km long. It claims to an Exclusive Economic Zone (EEZ) extending 200 nautical miles. This is approximately 6.7 times the country's land area. The coastline and adjacent waters support highly productive marine ecosystems such as fringing coral reefs, shallow beds of coastal and estuarine seagrasses. Sri Lanka inherits 45 estuaries and 40 lagoons too.Country's mangrove ecosystem which spans over 7,000 hectares, played a vital role in buffering the force in the waves of 2004 Indian Ocean tsunami. The island is rich with minerals such as Ilmenite, Feldspar, Graphite, Silica, Kaolin, Mica and Thorium. Existence of Petroleum in the Gulf of Mannar has also been confirmed and extraction attempts are underway.

Climate

Tropical, with breezes on the coast and cooler air in highlands. Northeast is driest and hottest.

People & Society

The Sinhalese are mostly Buddhist, while Tamils are mostly Hindu. Moors are the Muslim descendants of Arab traders. Tamils were the minority group favored by the British colonists. Majority-Sinhalese power since independence in 1948 fueled tensions, erupting into civil war in 1983. The eventual government victory in 2009 made this the only rebel insurgency ever defeated in modern times.

Sri Lanka is the 53rd most populated nation in the world, with an annual population growth rate of 0.73%. Sri Lanka has a birth rate of 17.6 births per 1,000 people and a death rate of 6.2 deaths per 1,000 people. Population density is highest in western Sri Lanka, especially in and around the capital. Sinhalese constitue the largest ethnic group in the country, with 74% of the total population. Sri Lankan Tamils are the second major ethnic group in the island, with a percentage of 12.6. Sri Lankan Moors comprise 7.4%. Tamils of Indian origin were brought into the country as indentured labourers by British colonists to work on estate plantations. Nearly 50% of them were repatriated following independence in 1948, They are distinguished from the native Tamil population that has resided in Sri Lanka since ancient times. There are also small ethnic groups such as the Burghers (of mixed European descent) and Austronesian peoples from Southeast Asia. Moreover, there is a small population of Vedda people whom are believed to be the original indigenous group to inhabit the island

Economy

Spain's capitalist mixed economy is the twelfth largest worldwide and the fifth largest in the European Union, as well as the Eurozone's fourth largest.

The centre-right government of former prime minister José María Aznar worked successfully to gain admission to the group of countries launching the euro in 1999. Unemployment stood at 7.6% in October 2006, a rate that compared favorably to many other European countries, and especially with the early 1990s when it stood at over 20%. Perennial weak points of Spain's economy include high inflation, a large underground economy, and an education system which OECD reports place among the poorest for developed countries, together with the United States and UK.

However, the property bubble that begun building from 1997, fed by historically low interest rates and an immense surge in immigration, imploded in 2008, leading to a rapidly weakening economy and soaring unemployment. By the end of May 2009, unemployment reached 18.7% (37% for youths).

Before the current crisis, the Spanish economy was credited for having avoided the virtual zero growth rate of some of its largest partners in the EU. In fact, the country's economy created more than half of all the new jobs in the European Union over the five years ending 2005, a process that is rapidly being reversed. The Spanish economy has been until recently regarded as one of the most dynamic within the EU, attracting significant amounts of foreign investment.

The most recent economic growth benefited greatly from the global real estate boom, with construction representing an astonishing 16% of GDP and 12% of employment in its final year.

According to calculations by the German newspaper Die Welt, Spain was on course to overtake countries like Germany in per capita income by 2011. However, the GDP per capita of Spain was still lower than the European Union average at US$29,875 in 2010, making it the second lowest in the Western Europe after Portugal. The downside of the now defunct real estate boom is also a corresponding rise in the levels of personal debt: as prospective home owners struggled to meet asking prices, the average level of household debt tripled in less than a decade. This placed especially great pressure upon lower to middle income groups; by 2005 the median ratio of indebtedness to income had grown to 125%, due primarily to expensive boom time mortgages that now often exceed the value of the property.

In 2008/2009 the credit crunch and world recession manifested itself in Spain through a massive downturn in the property sector. Fortunately, Spain's banks and financial services avoided the more severe problems of their counterparts in the USA and UK, due mainly to a stringently enforced conservative financial regulatory regime. The Spanish financial authorities had not forgotten the country's own banking crisis of 1979 and an earlier real-estate-precipitated banking crisis of 1993. Indeed, Spain's largest bank, Banco Santander, participated in the UK government's bail-out of part of the UK banking sector.

A European Commission forecast predicted Spain would enter a recession by the end of 2008. According to Spain's Finance Minister, "Spain faces its deepest recession in half a century". Spain's government forecast the unemployment rate would rise to 16% in 2009. The ESADE business school predicted 20%.

Sudan

AFRICA

The largest country in Africa, Sudan has undergone two civil wars between its Arab north and black African south. Darfur in the west now endures a terrible humanitarian crisis.

OFFICIAL NAME: Republic of the Sudan
DATE OF FORMATION: 1956
CAPITAL: Khartoum
POPULATION: 30.8 million
TOTAL AREA: 967,493 sq. miles (2,505,810 sq. km)
DENSITY: 44 people per sq. mile
LANGUAGES: Arabic*, African languages
RELIGIONS: Muslim 70%, traditional beliefs 20%, Christian 9%, other 1%
ETHNIC MIX: Black 59% (including Beja and Dinka 7%), Arab 40%, other 1%
GOVERNMENT: Presidential system
CURRENCY: Sudanese pound or dinar = 100 piastres

Geography

Sudan is situated in northern Africa, with a 853 km (530 mi) coastline bordering the Red Sea. With an area of 1,886,068 km^2 (728,215 sq mi), it is the third largest country on the continent (after Algeria and DR Congo) and the sixteenth largest in the world. Sudan lies mostly between latitudes 8° and 22°N (the Wadi Halfa Salient and disputed Hala'ib triangle are north of 22°), and longitudes 21° and 39°E.

The terrain is generally flat plains, broken by several mountain ranges; in the west the Deriba Caldera (3,042 m/9,980 ft), located in the Marrah Mountains, is the highest point in Sudan; in the east are the Red Sea Hills.

The Blue and White Nile rivers meet in Khartoum to form the River Nile, which flows northwards through Egypt to the Mediterranean Sea. The Blue Nile's course through Sudan is nearly 800 km (497 mi) long and is joined by the Dinder and Rahad Rivers between Sennar and Khartoum. The White Nile within Sudan has no significant tributaries.

The amount of rainfall increases towards the south. In the north there is the very dry Nubian Desert; in the south there are swamps and rainforest. Sudan's rainy season lasts for about three months (July to September) in the north, and up to six months (June to November) in the south. The dry regions are plagued by sandstorms, known as haboob, which can completely block out the sun. In the northern and western semi-desert areas, people rely on the scant rainfall for basic agriculture and many are nomadic, travelling with their herds of sheep and camels. Nearer the River Nile, there are well-irrigated farms growing cash crops.

There are several dams on the Blue and White Niles. Among them are the Sennar and Roseires Dams on the Blue Nile, and the Jebel Aulia Dam on the White Nile. There is also Lake Nubia on the Sudanese-Egyptian border.

Climate

Although Sudan lies within the tropics, the climate ranges from arid in the north to tropical wet-and-dry in the far southwest. Temperatures do not vary greatly with the season at any location; the most significant climatic variables are rainfall and the length of the dry season. Variations in the length of the dry season depend on which of two air flows predominates, dry northeasterly winds from the Arabian Peninsula or moist southwesterly winds from the Congo River basin.

From January to March, the country is under the influence of the dry north easterlies. There is practically no rainfall countrywide except for a small area in northwestern Sudan in where the winds have passed over the Mediterranean bringing occasional light rains. By early April, the moist south westerlies have reached southern Sudan, bringing heavy rains and thunderstorms. By July the moist air has reached Khartoum, and in August it extends to its usual northern limits around Ab Hamad, although in some years the humid air may even reach the Egyptian border. The flow becomes weaker as it spreads north. In September the dry north easterlies begin to strengthen and to push south and by the end of December they cover the entire country. Yambio, close to the border with Zaire, has a nine-month rainy season (April-December) and receives an average of 1,142 millimeters (45.0 in) of rain each year; Khartoum has a three-month rainy season (July-September) with an annual average rainfall of 161 millimeters (6.3 in); Barbara receives showers in August that produce an annual average of only 74 millimeters (2.9 in).

In some years, the arrival of the south westerlies and their rain in central Sudan can be delayed, or they may not come at all. If that happens, drought and famine follow. The decades of the 1970s and 1980s saw the south westerlies frequently fail, with disastrous results for the Sudanese people and economy.

Temperatures are highest at the end of the dry season when cloudless skies and dry air allow them to soar. The far south, however, with only a short dry season, has uniformly high temperatures throughout the year. In Khartoum, the warmest months are May and June, when average highs are 41 °C (105.8 °F) and temperatures can reach 48 °C (118.4 °F). Northern Sudan, with its short rainy season, has hot daytime temperatures year round, except for winter months in the northwest where there is precipitation from the Mediterranean in January and February. Conditions in highland areas are generally cooler, and the hot daytime temperatures during the dry season throughout central and northern Sudan fall rapidly after sunset. Lows in Khartoum average 15 °C (59 °F) in January and have dropped as low as 6 °C (42.8 °F) after the passing of a cool front in winter.

The haboob, a violent dust storm, can occur in central Sudan when the moist southwesterly flow first arrives (May through July). The moist, unstable air forms thunderstorms in the heat of the afternoon. The initial downflow of air from an approaching storm produces a huge yellow wall of sand and clay that can temporarily reduce visibility to zero.

People & Society

Two million people are nomads. Many ethnic groups. Key social divide is between Arabized Muslims in north, and mostly black African, largely Christian or animist peoples in south. Attempts to impose Arab and Islamic values were the root cause of civil war (1955–1972, 1983– 2005). Ethnic violence by Arab militias in Darfur since 2003 has killed 300,000 people: huge refugee crisis. Women's rights are restricted.

Economy

In 2010, Sudan was considered the 17th-fastest-growing economy in the world and the rapid development of the country largely from oil profits even when facing international sanctions was noted by the The New York Times in a 2006 article. Due to the secession of South Sudan, which contained over 80 percent of Sudan's oilfields, the economic forecast for Sudan in 2011 and beyond is uncertain.

Even with the oil profits before the secession of South Sudan, Sudan still faced formidable economic problems, and its growth was still a rise from a very low level of per capita output. In any case, the economy in the Sudan has been slowly growing over the last ten years, and according to a World Bank report the overall growth in GDP in 2010 was 5.2 percent compared to 2009 growth of 4.2 percent. This growth was sustained even during the crisis in Darfur and period of southern autonomy preceding South Sudan's independence.

While historically agriculture remains the main source of income and employment hiring of over 80 percent of Sudanese, and makes up a third of the economic sector, oil production drove most of Sudan's post-2000 growth. Currently, the International Monetary Fund IMF is working hand in hand with Khartoum government to strengthened macroeconomic theory. The program has been in place since early 90s, and also work-out exchange rate and reserve of foreign exchange. Since 1997, Sudan has been implementing the macroeconomic reforms recommended by the International Monetary Fund.

In 1999, Sudan began exporting crude oil and in the last quarter of 1999, recorded its first trade surplus. Increased oil production (the current production is about 520,000 barrels per day (83,000 m3/d)) revived light industry, and expanded export processing zones helped sustain gross domestic product (GDP) growth at 6.1 percent in 2003. These gains, along with improvements to monetary policy, have stabilized the exchange rate. The People's Republic of China is Sudan's largest economic partner, with a 40 percent share in its oil. The country also sells Sudan small arms, which have been used in military operations such as the conflicts in Darfur and South Kordofan.

Oil was Sudan's main export, with production increasing dramatically during the late 2000s, in the years before South Sudan gained independence in July 2011. With rising oil revenues, the Sudanese economy was booming, with a growth rate of about nine percent in 2007. Sustained growth was expected the next year in 2008 due to not only increasing oil production, but also to the boost of hydroelectricity (annual electricity yield of 5.5 TWh) provided by the Merowe Dam. The independence of oil-rich South Sudan, however, placed most major oilfields out of the Sudanese government's direct control. In order to export oil, South Sudan must rely on a pipeline to Port Sudan on Sudan's Red Sea coast, as South Sudan itself is landlocked, as well as on Sudan's superior refinery infrastructure. The exact terms of a revenue-splitting agreement between Juba and Khartoum have yet to be established, but Sudan will likely receive a significant portion of the income from South Sudan's oil sales as a fee for the use of Sudanese pipelines, refineries, and port facilities, perhaps as much as 50 percent of the profits.

Rich mineral resources are available in Sudan including: petroleum, natural gas, gold, silver, chromite, asbestos, manganese, gypsum, mica, zinc, iron, lead, uranium, copper, kaolin, cobalt, granite, nickel, tin and aluminum.

Agriculture production remains Sudan's most-important sector, employing eighty percent of the workforce and contributing thirty-nine percent of GDP, but most farms remain rain-fed and susceptible to drought. Instability, adverse weather and weak world-agricultural prices ensures that much of the population will remain at or below the poverty line for years.

The Merowe Dam, also known as Merowe Multi-Purpose Hydro Project or Hamdab Dam, is a large construction project in Northern Sudan, about 350 kilometres (220 mi) north of the capital, Khartoum. It is situated on the River Nile, close to the Fourth Cataract where the river divides into multiple smaller branches with large islands in between. Merowe is a city about 40 kilometres (25 mi) downstream from the dam's construction site.

The main purpose of the dam will be the generation of electricity. Its dimensions make it the largest contemporary hydropower project in Africa. The construction of the dam was finished December 2008, supplying more than ninety percent of the population with electricity. Other gas-powered generating stations are operational in Khartoum State and other States.

Suriname

SOUTH AMERICA

Suriname is a former Dutch colony on the north coast of South America. Democracy was restored in 1991, after almost 11 years of military rule. The Netherlands is still the main supplier of aid.

OFFICIAL NAME: Republic of Suriname
DATE OF FORMATION: 1975
CAPITAL: Paramaribo
POPULATION: 491,989
TOTAL AREA: 63,039 sq. miles (163,270 sq. km)
DENSITY: 8 people per sq. mile
LANGUAGES: Sranan (Creole), Dutch*, Javanese, Sarnami, Hindi, other
RELIGIONS: Christian 48%, Hindu 27%, Muslim 20%, traditional beliefs 5%
ETHNIC MIX: South Asian 27%, other 25%, Creole 18%, Javanese 15%, Black 15%
GOVERNMENT: Parliamentary system
CURRENCY: Surinamese dollar = 100 cents

Geography

Suriname is the smallest independent country in South America. Situated on the Guiana Shield, it mostly lies between latitudes 1° and 6°N, and longitudes 54° and 58°W. The country can be divided into two main geographic regions. The northern, lowland coastal area (roughly above the line Albina-Paranam-Wageningen) has been cultivated, and most of the population lives here. The southern part consists of tropical rainforest and sparsely inhabited savanna along the border with Brazil, covering about 80% of Suriname's land surface.

There are two main mountain ranges: the Bakhuys Mountains and the Van Asch Van Wijck Mountains. Julianatop is the highest mountain in the country at 1,286 metres (4,219 ft) above sea level. Other mountains include Tafelberg at 1,026 metres (3,366 ft), Mount Kasikasima at 718 metres (2,356 ft), Goliathberg at 358 metres (1,175 ft) and Voltzberg at 240 metres (790 ft).

Suriname is situated between French Guiana to the east and Guyana to the west. The southern border is shared with Brazil and the northern border is the Atlantic coast. The southernmost borders with French Guiana and Guyana are disputed along the Marowijne and Corantijn rivers, respectively, while a part of the disputed maritime boundary with Guyana was arbitrated by a tribunal convened under the rules set out in Annex VII of the United Nations Convention on the Law of the Sea on 20 September 2007

Climate

Tropical. Hot and humid, but cooled by trade winds. High rainfall, especially in the interior.

People & Society

The Dutch brought laborers from South Asia and Java. Independence saw mass emigration: over 300,000 Surinamese live in the Netherlands. Of those left, over 85% live near the coast, the rest in scattered rainforest communities. Indigenous Amerindians only number a few thousand. Bosnegers – descended from runaway African slaves – fought the military government in the late 1980s. Under civilian rule, each group has had a political party representing its interests.

The predominant religion in the country is Christianity, both in the form of Roman Catholicism and various denominations of Protestantism, the Moravian Church being the oldest and largest. It is particularly dominant among Creoles and Maroons. The Creoles and to a lesser degree the Maroons, both descendants of enslaved Africans, converted to Christianity during the colonial period but may still retain their Afro-American religion called Winti. Most of the Indians are Hindu, but some practice Islam or Christianity. The Javanese practice either Islam or Christianity. Suriname's population is 13.5% Muslim, which is the highest percentage of Muslims of any country in the New World.

The vast majority of people (about 90%) live in Paramaribo or on the coast. There is also a significant Surinamese population in the Netherlands. In 2005 there were 328,300 Surinamese people living in the Netherlands, which is about 2% of the total population of the Netherlands, compared to 438,000 Surinamese in Suriname itself.

Economy

The economy of Suriname is dominated by the bauxite industry, which accounts for more than 15% of GDP and 70% of export earnings. Other main export products include rice, tuna, coconuts, bananas and shrimp. Suriname has recently started exploiting some of its sizeable oil and gold reserves. About a quarter of the people work in the agricultural sector. The Surinamese economy is very dependent on commerce, its main trade partners being the Netherlands, the United States, Canada, and Caribbean countries.

After assuming power in the fall of 1996, the Wijdenbosch government ended the structural adjustment program of the previous government, claiming it was unfair to the poorer elements of society. Tax revenues fell as old taxes lapsed and the government failed to implement new tax alternatives. By the end of 1997, the allocation of new Dutch development funds was frozen as Surinamese Government relations with the Netherlands deteriorated. Economic growth slowed in 1998, with decline in the mining, construction, and utility sectors. Rampant government expenditures, poor tax collection, a bloated civil service, and reduced foreign aid in 1999 contributed to the fiscal deficit, estimated at 11% of GDP. The government sought to cover this deficit through monetary expansion, which led to a dramatic increase in inflation.

Gold mining is relatively unregulated by the government, and this important part of the informal economy (estimated as much as 100% of GDP). The mining process is very bad for the environment, making the water used by the local people undrinkable because of the use of several chemicals. Suriname has attracted the attention of international companies in gold exploration and exploitation. Companies present include Blue Ribbon Resources Ltd, Cambior, Canarc Resource Corporation, IAMGOLD, Golden Star Resources Ltd.

After the return to a more or less democratically elected government in 1991, Dutch aid resumed. The Dutch relationship continues to be an important factor in the economy, with the Dutch insisting that Suriname undertake economic reforms and produce specific plans acceptable to the Dutch for projects on which aid funds could be spent. In 2000, however, the Dutch revised the structure of their aid package and signaled to the Surinamese authorities their decision to disburse aid by sectoral priorities as opposed to individual projects. Although the present government is not in favor of this approach, it has identified sectors and is now working on sectoral analyses to present to the Dutch.

After a short respite in 1991–1996, when measures taken in 1993 led to economic stabilization, a relatively stable exchange rate, low inflation, sustainable fiscal policies, and growth, Suriname's economic situation deteriorated from 1996 to the present. This was due in large part to loose fiscal policies of the Wijdenbosch government, which, in the face of lower Dutch development aid, financed its deficit through credit extended by the central bank. As a consequence, the parallel market for foreign exchange soared so that by the end of 1998, the premium of the parallel market rate over the official rate was 85%. Since over 90% of import transactions took place at the parallel rate, inflation took off, with 12-month inflation growing from 0.5% at the end of 1996, to 23% at the end of 1998, and 113% at the end of 1999. The government also instituted a regime of stringent economic controls over prices, the exchange rate, imports, and exports, in an effort to contain the adverse efforts of its economic policies. The cumulative impact of soaring inflation, an unstable exchange rate, and falling real incomes led to a political crisis.

Swaziland

AFRICA

The tiny southern African kingdom of Swaziland is crippled with HIV/AIDS and economically dependent on South Africa. Vocal demands for multiparty democracy have been ignored.

OFFICIAL NAME: Kingdom of Swaziland
DATE OF FORMATION: 1968
CAPITAL: Mbabane
POPULATION: 1.18 million
TOTAL AREA: 6704 sq. miles (17,363 sq. km)
DENSITY: 178 people per sq. mile
LANGUAGES: English*, siSwati*, isiZulu, Xitsonga
RELIGIONS: Christian 60%, traditional beliefs 40%
ETHNIC MIX: Swazi 97%, other 3%
GOVERNMENT: Monarchy
CURRENCY: Lilangeni = 100 cents

Geography

Swaziland lies across a geological fault which runs from the Drakensberg Mountains of Lesotho, north through the Eastern highlands of Zimbabwe, forms the Great Rift Valley of Kenya and, eventually, peters out in present-day Turkey.

A small, land-locked Kingdom, Swaziland is bordered in the North, West and South by the Republic of South Africa and by Mozambique in the East. Although Swaziland has a land area of only 17,364 km^2, roughly the size of Wales or the American State of New Jersey, it contains four separate geographical regions. These run from North to South and are determined by altitude.

Swaziland is located at approximately 26°30'S, 31°30'E. Swaziland also offers a wide variety of landscapes, from the mountains along the Mozambican border to savannas in the east and rain forest in the northwest. Several rivers flow through the country, such as the Great Usuthu River.

Along the eastern border with Mozambique is the Lubombo, a mountain ridge, at an altitude of around 600 meters. The mountains are broken by the canyons of three rivers, the Ngwavuma, the Usutu and the Mbuluzi. This is cattle ranching country.

The western border of the country, with an average altitude of 1200 meters, lies on the edge of an escarpment. Between the mountains rivers rush through deep gorges making this a most scenic region. Mbabane, the capital, is located on the Highveld.

The Middleveld, lying at an average 700 meters above sea level is the most densely populated region of Swaziland with a lower rainfall than the mountains. Manzini, the principal commercial and industrial city, is situated in the Middleveld.

The Lowveld of Swaziland, at around 250 meters, is less populated than other areas and presents a typical African bush country of thorn trees and grasslands. Development of the region was inhibited, in early days, by the scourge of malaria.

Climate

The seasons are the reverse of those in the Northern Hemisphere with December being mid-summer and June mid-winter. Generally speaking, rain falls mostly during the summer months, often in the form of thunderstorms. Winter is the dry season. Annual rainfall is highest on the Highveld in the West, between 1,000 and 2,000 mm (39.4 and 78.7 in) depending on the year. The further East, the less rain, with the Lowveld recording 500 to 900 mm (19.7 to 35.4 in) per annum. Variations in temperature are also related to the altitude of the different regions. The Highveld temperature is temperate and, seldom, uncomfortably hot while the Lowveld may record temperatures around 40 °C (104 °F) in summer.

People & Society

One of Africa's most conservative states, though there is pressure from urban-based modernizers. Political system promotes Swazi tradition and is dominated by powerful monarchy. Women face discrimination. Swaziland has world's highest prevalence of HIV/AIDS: chastity is urged to combat its spread.

The principal Swazi social unit is the homestead, a traditional beehive hut thatched with dry grass. In a polygamous homestead, each wife has her own hut and yard surrounded by reed fences. There are three structures for sleeping, cooking, and storage (brewing beer). In larger homesteads there are also structures used as bachelors' quarters and guest accommodation.

Central to the traditional homestead is the cattle byre, a circular area enclosed by large logs interspaced with branches. The cattle byre has ritual as well as practical significance as a store of wealth and symbol of prestige. It contains sealed grain pits. Facing the cattle byre is the great hut which is occupied by the mother of the headman.

Economy

Swaziland's economy is diversified, with agriculture, forestry and mining accounting for about 13% of GDP, manufacturing (textiles and sugar-related processing) representing 37% of GDP and services – with government services in the lead – constituting 50% of GDP. Title Deed Lands (TDLs), where the bulk of high value crops are grown (sugar, forestry, and citrus) are characterized by high levels of investment and irrigation, and high productivity. Nevertheless, the majority of the population – about 75%—is employed in subsistence agriculture on Swazi Nation Land (SNL), which, in contrast, suffers from low productivity and investment. This dual nature of the Swazi economy, with high productivity in textile manufacturing and in the industrialized agricultural TDLs on the one hand, and declining productivity subsistence agriculture (on SNL) on the other, may well explain the country's overall low growth, high inequality and unemployment.

Economic growth in Swaziland has lagged behind that of its neighbors. Real GDP growth since 2001 has averaged 2.8%, nearly 2 percentage points lower than growth in other Southern African Customs Union (SACU) member countries. Low agricultural productivity in the SNLs, repeated droughts, the devastating effect of HIV/AIDS and an overly large and inefficient government sector are likely contributing factors. Swaziland's public finances deteriorated in the late 1990s following sizable surpluses a decade earlier. A combination of declining revenues and increased spending led to significant budget deficits.

The considerable spending did not lead to more growth and did not benefit the poor. Much of the increased spending has gone to current expenditures related to wages, transfers, and subsidies. The wage bill today constitutes over 15% of GDP and 55% of total public spending; these are some of the highest levels on the African continent. The recent rapid growth in SACU revenues has, however, reversed the fiscal situation, and a sizable surplus was recorded since 2006. SACU revenues today account for over 60% of total government revenues. On the positive side, the external debt burden has declined markedly over the last 20 years, and domestic debt is almost negligible; external debt as a percent of GDP was less than 20% in 2006.

The Swazi economy is very closely linked to the South African economy, from which it receives over 90% of its imports and to which it sends about 70% of its exports. Swaziland's other key trading partners are the United States and the EU, from whom the country has received trade preferences for apparel exports (under the African Growth and Opportunity Act – AGOA – to the US) and for sugar (to the EU). Under these agreements, both apparel and sugar exports did well, with rapid growth and a strong inflow of foreign direct investment. Textile exports grew by over 200% between 2000 and 2005 and sugar exports increasing by more than 50% over the same period.

The continued vibrancy of the export sector is threatened by the removal of trade preferences for textiles, the accession to similar preferences for East Asian countries, and the phasing out of preferential prices for sugar to the EU market. Swaziland will thus have to face the challenge of remaining competitive in a changing global environment. A crucial factor in addressing this challenge is the investment climate. The recently concluded Investment Climate Assessment provides some positive findings in this regard, namely that Swaziland firms are among the most productive in Sub-Saharan Africa, although they are less productive than firms in the most productive middle-income countries in other regions. They compare more favorably with firms from lower middle income countries, but are hampered by inadequate governance arrangements and infrastructure.

Swaziland's currency is pegged to the South African rand, subsuming Swaziland's monetary policy to South Africa. Customs duties from the Southern African Customs Union, which may equal as much as 70% of government revenue this year, and worker remittances from South Africa substantially supplement domestically earned income. Swaziland is not poor enough to merit an IMF program; however, the country is struggling to reduce the size of the civil service and control costs at public enterprises. The government is trying to improve the atmosphere for foreign direct investment.

Sweden

EUROPE

The largest Scandinavian country by both population and area, Sweden has one of the world's most extensive welfare systems and is among the leading proponents of equal rights for women.

OFFICIAL NAME: Kingdom of Sweden
DATE OF FORMATION: 1523
CAPITAL: Stockholm
POPULATION: 9.35 million
TOTAL AREA: 173,731 sq. miles (449,964 sq. km)
DENSITY: 58 people per sq. mile
LANGUAGES: Swedish*, Finnish, Sámi
RELIGIONS: Evangelical Lutheran 82%, other 13%, Roman Catholic 2%, Muslim 2%, Orthodox Christian 1%
ETHNIC MIX: Swedish 86%, recent immigrant 12%, Finnish and Sámi 2%
GOVERNMENT: Parliamentary system
CURRENCY: Swedish krona = 100 öre

Geography

Situated in Northern Europe, Sweden lies west of the Baltic Sea and Gulf of Bothnia, providing a long coastline, and forms the eastern part of the Scandinavian Peninsula. To the west is the Scandinavian mountain chain (Skanderna), a range that separates Sweden from Norway. Finland is located to its northeast. It has maritime borders with Denmark, Germany, Poland, Russia, Lithuania, Latvia and Estonia, and it is also linked to Denmark (southwest) by the Öresund Bridge.

Sweden lies between latitudes 55° and 70° N, and mostly between longitudes 11° and 25° E (part of Stora Drammen island is just west of 11°).

At 449,964 km^2 (173,732 sq mi), Sweden is the 55th largest country in the world, the 4th largest in Europe (excluding European Russia), and the largest in Northern Europe. The lowest elevation in Sweden is in the bay of Lake Hammarsjön, near Kristianstad at −2.41 m (−7.91 ft) below sea level. The highest point is Kebnekaise at 2,111 m (6,926 ft) above sea level.

Sweden has 25 provinces or landskap (landscapes), based on culture, geography and history. While these provinces serve no political or administrative purpose, they play an important role for people's self-identification. The provinces are usually grouped together in three large lands, parts, the northern Norrland, the central Svealand and southern Götaland. The sparsely populated Norrland encompasses almost 60% of the country.

About 15% of Sweden lies north of the Arctic Circle. Southern Sweden is predominantly agricultural, with increasing forest coverage northward. Around 65% of Sweden's total land area is covered with forests. The highest population density is in the Öresund Region in southern Sweden, along the western coast up to central Bohuslän, and in the valley of lake Mälaren and Stockholm. Gotland and Öland are Sweden's largest islands; Vänern and Vättern are its largest lakes. Vänern is the third largest in Europe, after Lake Ladoga and Lake Onega in Russia.

Climate

Most of Sweden has a temperate climate, despite its northern latitude, with four distinct seasons and mild temperatures throughout the year. The country can be divided into three types of climate; the southernmost part has an oceanic climate, the central part has a humid continental climate and the northernmost part has a subarctic climate. However, Sweden is much warmer and drier than other places at a similar latitude, and even somewhat farther south, mainly because of the Gulf Stream. For example, central and southern Sweden has much warmer winters than many parts of Russia, Canada, and the northern United States. Because of its high latitude, the length of daylight varies greatly. North of the Arctic Circle, the sun never sets for part of each summer, and it never rises for part of each winter. In the capital, Stockholm, daylight lasts for more than 18 hours in late June but only around 6 hours in late December. Sweden receives between 1,100 to 1,900 hours of sunshine annually.

Temperatures vary greatly from north to south. Southern and central parts of the country have warm summers and cold winters, with average high temperatures of 20 to 25 °C (68 to 77 °F) and lows of 12 to 15 °C (54 to 59 °F) in the summer, and average temperatures of -4 to 2 °C (25 to 36 °F) in the winter, while the northern part of the country has shorter, cooler summers and longer, colder and snowier winters, with temperatures that often drop below freezing from September through May. The highest temperature ever recorded in Sweden was 38 °C (100 °F) in Målilla in 1947, while the coldest temperature ever recorded was −52.6 °C (−62.7 °F) in Vuoggatjålme in 1966.

On average, most of Sweden receives between 500 and 800 mm (20 and 31 in) of precipitation each year, making it considerably drier than the global average. The southwestern part of the country receives more precipitation, between 1000 and 1200 mm (39 and 47 in), and some mountain areas in the north are estimated to receive up to 2000 mm (79 in). Despite northerly locations, southern and central Sweden may have almost no snow in some winters.

People & Society

The nuclear family forms the basis
of society, but the marriage rate is one of the lowest in the world, and cohabitation is now common. The model welfare system is paid for by a high tax burden. Women are well represented at all levels. A minority of 20,000 Sámi lives in the far north. Most industries and the bulk of population are based in and around the southern cities. An EU member since 1995, Sweden has voted not to join the euro.

Immigration has been a major source of population growth and cultural change throughout much of the history of Sweden. Sweden has been transformed from a nation of emigration ending after World War I to a nation of immigration from World War II onwards. The economic, social, and political aspects of immigration have caused controversy regarding ethnicity, economic benefits, jobs for non-immigrants, settlement patterns, impact on upward social mobility, crime, and voting behaviour. As of 2010, 1.33 million people or 14.3% of the inhabitants in Sweden were foreign-born and this figure is increasing year on year. In 2009, immigration reached its highest level since records began with 102,280 people emigrating to Sweden. Immigrants in Sweden are mostly concentrated in the urban areas of Svealand and Götaland. Since the early 1970s, immigration to Sweden has been mostly due to refugee migration and family reunification from countries in the Middle East, Africa and Latin America.

Economy

Sweden is an export-oriented mixed economy featuring a modern distribution system, excellent internal and external communications, and a skilled labour force. Timber, hydropower and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Sweden's engineering sector accounts for 50% of output and exports. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Agriculture accounts for 2% of GDP and employment. Income is relatively flatly distributed, Sweden has the lowest Gini coefficient (0.23) of any country.

In terms of structure, the Swedish economy is characterised by a large, knowledge-intensive and export-oriented manufacturing sector, an increasing, but comparatively small, business service sector, and by international standards, a large public service sector. Large organisations both in manufacturing and services dominate the Swedish economy.

The 20 largest (by turnover in 2007) companies registered in Sweden are Volvo, Ericsson, Vattenfall, Skanska, Sony Ericsson Mobile Communications AB, Svenska Cellulosa Aktiebolaget, Electrolux, Volvo Personvagnar, TeliaSonera, Sandvik, Scania, ICA, Hennes & Mauritz, IKEA, Nordea, Preem, Atlas Copco, Securitas, Nordstjernan and SKF. Sweden's industry is overwhelmingly in private control; unlike some other industrialised Western countries, such as Austria and Italy, publicly owned enterprises have always been of minor importance.

Some 4.5 million residents are working, out of which around a third has tertiary education. GDP per hour worked is the world's 9th highest at 31 USD in 2006, compared to 22 USD in Spain and 35 USD in United States. GDP per hour worked is growing 2½ per cent per year for the economy as a whole and the trade-terms-balanced productivity growth is 2%. According to OECD, deregulation, globalisation, and technology sector growth have been key productivity drivers. Sweden is a world leader in privatised pensions and pension funding problems are relatively small compared to many other Western European countries.

The typical worker receives 40% of his income after the tax wedge. The slowly declining overall taxation, 51.1% of GDP in 2007, is still nearly double of that in the United States or Ireland. The share of employment financed via tax income amounts to a third of Swedish workforce, a substantially higher proportion than in most other countries. Overall, GDP growth has been fast since reforms in the early 1990s, especially in manufacturing.

The World Economic Forum 2009–2010 competitiveness index ranks Sweden the 4th most competitive economy in the world. In the World Economic Forum 2010–2011 Global Competitiveness Report, Sweden climbed two positions, and is now ranked 2nd in the world. Sweden is ranked 6th in the IMD Competitiveness Yearbook 2009, scoring high in private sector efficiency. According to the book, The Flight of the Creative Class, by the U.S. economist, Professor Richard Florida of the University of Toronto, Sweden is ranked as having the best creativity in Europe for business and is predicted to become a talent magnet for the world's most purposeful workers. The book compiled an index to measure the kind of creativity it claims is most useful to business—talent, technology and tolerance.

Sweden maintains its own currency, the Swedish krona (SEK), a result of the Swedes having rejected the euro in a referendum. The Swedish Riksbank—founded in 1668 and thus making it the oldest central bank in the world—is currently focusing on price stability with an inflation target of 2%. According to the Economic Survey of Sweden 2007 by the OECD, the average inflation in Sweden has been one of the lowest among European countries since the mid-1990s, largely because of deregulation and quick utilisation of globalisation.

The largest trade flows are with Germany, the United States, Norway, the United Kingdom, Denmark and Finland.

Switzerland

EUROPE

One of the world's most prosperous countries, Switzerland sits at the center of Europe. It has retained its neutral status through every major European conflict since 1815.

OFFICIAL NAME: Swiss Confederation
DATE OF FORMATION: 1291
CAPITAL: Bern
POPULATION: 7.86 million
TOTAL AREA: 15,942 sq. miles (41,290 sq. km)
DENSITY: 493 people per sq. mile
LANGUAGES: German*, Swiss-German, French*, Italian*, Romansch*
RELIGIONS: Roman Catholic 42%, Protestant 35%, other 19%, Muslim 4%
ETHNIC MIX: German 64%, French 20%, other 9.5%, Italian 6%, Romansch 0.5%
GOVERNMENT: Parliamentary system
CURRENCY: Franc = 100 rappen/centimes

Geography

Extending across the north and south side of the Alps, Switzerland encompasses a great diversity of landscapes and climates on a limited area of 41,285 square kilometres (15,940 sq mi). The population is about 7.9 million, resulting in an average population density of around 190 people per square kilometre (485/sq mi). The more mountainous southern half of the country is far more sparsely populated than the northern half. In the largest Canton of Graubünden, lying entirely in the Alps, population density falls to 27 /km² (70 /sq mi).

Switzerland lies between latitudes 45° and 48° N, and longitudes 5° and 11° E. It contains three basic topographical areas: the Swiss Alps on the south, the Central Plateau or middleland, and the Jura mountains on the north. The Alps are a high mountain range running across the central-south of the country, comprising about 60% of the country's total area. Among the high valleys of the Swiss Alps many glaciers are found, totalling an area of 1,063 square kilometres. From these originate the headwaters of several major rivers, such as the Rhine, Inn, Ticino and Rhone, which flow in the four cardinal directions into the whole of Europe. The hydrographic network includes several of the largest bodies of freshwater in Central and Western Europe, among which are included Lake Geneva, Lake Constance and Lake Maggiore. Switzerland has more than 1500 lakes, and contains 6% of Europe's stock of fresh water. Lakes and glaciers cover about 6% of the national territory.

About a hundred of Switzerland's mountain peaks are close to or higher than 4,000 metres (13,000 ft). At 4,634 m (15,203 ft), Monte Rosa is the highest, although the Matterhorn (4,478 m/14,692 ft) is probably the most famous. Both are located within the Pennine Alps in the canton of Valais. The section of the Bernese Alps above the deep glacial Lauterbrunnen valley, containing 72 waterfalls, is well known for the Jungfrau (4,158 m/13,642 ft) and Eiger, and the many picturesque valleys in the region. In the southeast the long Engadin Valley, encompassing the St. Moritz area in canton Graubünden, is also well known; the highest peak in the neighbouring Bernina Alps is Piz Bernina (4,049 m/13,284 ft).

The more populous northern part of the country, comprising about 30% of the country's total area, is called the Middle Land. It has greater open and hilly landscapes, partly forested, partly open pastures, usually with grazing herds, or vegetables and fruit fields, but it is still hilly. There are large lakes found here and the biggest Swiss cities are in this area of the country. The largest lake is Lake Geneva (also called Lac Léman in French), in western Switzerland. The Rhone River is both the main input and output of Lake Geneva.

Climate

The Swiss climate is generally temperate, but can vary greatly between the localities, from glacial conditions on the mountaintops to the often pleasant near Mediterranean climate at Switzerland's southern tip. Summers tend to be warm and humid at times with periodic rainfall so they are ideal for pastures and grazing. The less humid winters in the mountains may see long intervals of stable conditions for weeks, while the lower lands tend to suffer from inversion, during this periods, thus seeing no sun for weeks.

A weather phenomenon known as the föhn (with an identical effect to the chinook wind) can occur at all times of the year and is characterised by an unexpectedly warm wind, bringing air of very low relative humidity to the north of the Alps during rainfall periods on the southern face of the Alps. This works both ways across the alps but is more efficient if blowing from the south due to the steeper step for oncoming wind from the south. Valleys running south to north trigger the best effect. The driest conditions persist in all inner alpine valleys that receive less rain because arriving clouds lose a lot of their content while crossing the mountains before reaching these areas. Large alpine areas such as Graubünden remain drier than pre-alpine areas and as in the main valley of the Valais wine grapes are grown there.

The wettest conditions persist in the high Alps and in the Ticino canton which has much sun yet heavy bursts of rain from time to time. Precipitation tends to be spread moderately throughout the year with a peak in summer. Autumn is the driest season, winter receives less precipitation than summer, yet the weather patterns in Switzerland are not in a stable climate system and can be variable from year to year with no strict and predictable periods.

People & Society

The country is divided into 26 autonomous cantons (states), each with control over housing and economics. Public referenda are widely used to decide policy. Society is conservative; marriage is common but divorce is above the EU average rate.

Switzerland lies at the crossroads of several major European cultures that have heavily influenced the country's languages and culture. Switzerland has four official languages: German (63.7% total population share, with foreign residents; 72.5% of residents with Swiss citizenship, in 2000) in the north, east and centre of the country; French (20.4%; 21.0%) to the west; Italian (6.5%; 4.3%) in the south. Romansh (0.5%; 0.6%), a Romance language spoken locally in the southeastern trilingual canton of Graubünden, is designated by the Federal Constitution as a national language along with German, French and Italian (Article 4 of the Constitution), and as official language if the authorities communicate with persons of Romansh language (Article 70), but federal laws and other official acts do not need to be decreed in this language. The federal government is obliged to communicate in the official languages, and in the federal parliament simultaneous translation is provided from and into German, French and Italian.

Economy

Switzerland has a stable and modern economy. It has the highest European rating in the Index of Economic Freedom 2010, while also providing large coverage through public services. The nominal per capita GDP is higher than those of the larger Western and Central European economies and Japan (and indeed one of the highest in the world). The Swiss franc remains one of the world's strongest currencies with the lowest inflation rate (rising to an estimated 0.7% for 2011).

If adjusted for purchasing power parity, Switzerland ranks elevenths country in the world for GDP per capita, according to CIA World Facts. The World Economic Forum's Global Competitiveness Report currently ranks Switzerland's economy as the most competitive in the world. For much of the 20th century, Switzerland was the wealthiest country in Europe by a considerable margin. In 2010, the Global Wealth Report by Credit Suisse Research Institute found that Switzerland has the highest average wealth per adult at $372,692, followed by Norway, Australia and Singapore at $326,530, $320,909 and $255,488 respectively, with wealth defined by the value of financial and non-financial (such as real estate) assets. In 2005 the median household income in Switzerland was an estimated 95,000 CHF, the equivalent of roughly 100,000 USD (as of December 2010) in nominal terms.

Switzerland is home to several large multinational corporations. The largest Swiss companies by revenue are Glencore, Nestlé, Novartis, Hoffmann-La Roche, ABB and Adecco. Also notable are UBS AG, Zurich Financial Services, Credit Suisse, Swiss Re, and The Swatch Group. Switzerland is ranked as having one of the most powerful economies in the world.

Chemicals, health and pharmaceutical, measuring instruments, musical instruments, real estate, banking and insurance, tourism, and international organisations are important industries in Switzerland. The largest exported goods are chemicals (34% of exported goods), machines/electronics (20.9%), and precision instruments/watches (16.9%). Exported services amount to a third of exported goods.

Around 3.8 million people work in Switzerland. Switzerland has a more flexible job market than neighboring countries and the unemployment rate is very low. Unemployment rate increased from a low of 1.7% in June 2000 to a peak of 4.4%, as of December 2009. Population growth from net immigration is quite high, at 0.52% of population in 2004. Foreign citizen population is 21.8% as of 2004, about the same as in Australia. GDP per hour worked is the world's 17th highest, at 27.44 international dollars in 2006.

Switzerland has an overwhelmingly private sector economy and low tax rates by the Western World standards; overall taxation is one of the smallest of developed countries. Switzerland is an easy place to do business; Switzerland ranks 21st of 178 countries in the Ease of Doing Business Index. The slow growth Switzerland experienced in the 1990s and the early 2000s has brought greater support for economic reforms and harmonisation with the European Union. According to Credit Suisse, only about 37% of residents own their own homes, one of the lowest rates of home ownership in Europe. Housing and food price levels were 171% and 145% of the EU-25 index in 2007, compared to 113% and 104% in Germany.

Agricultural protectionism—a rare exception to Switzerland's free trade policies—has contributed to high food prices. Product market liberalisation is lagging behind many EU countries according to the OECD. Nevertheless, domestic purchasing power is one of the best in the world. Apart from agriculture, economic and trade barriers between the European Union and Switzerland are minimal and Switzerland has free trade agreements worldwide. Switzerland is a member of the European Free Trade Association (EFTA).

Syria

ASIA

Stretching from the eastern Mediterranean to the Tigris River, Syria's borders are regarded as an artificial creation of French colonial rule by many Syrians. Foreign relations are turbulent.

OFFICIAL NAME: Syrian Arab Republic
DATE OF FORMATION: 1941
CAPITAL: Damascus
POPULATION: 22.4 million
TOTAL AREA: 71,498 sq. miles (184,180 sq. km)
DENSITY: 308 people per sq. mile
LANGUAGES: Arabic*, French, Kurdish, Armenian, Circassian, Assyrian, other
RELIGIONS: Sunni Muslim 74%, other Muslim 16%, Christian 10%
ETHNIC MIX: Arab 89%, Kurd 6%, other 3%, Armenian, Turkmen, Circassian 2%
GOVERNMENT: One-party state
CURRENCY: Syrian pound = 100 piastres

Geography

Syria is located in Southwestern Asia, north of the Arabian Peninsula in the Middle East, at the eastern end of the Mediterranean Sea. It is bordered by Turkey on the north, Lebanon and Israel on the west, Iraq on the east, and Jordan on the south. It consists of mountain ranges in the west and farther inland a steppe area. In the east is the Syrian Desert and in the south is the Jabal al-Druze Range. The former is bisected by the Euphrates valley. A dam built in 1973 on the Euphrates created a reservoir named Lake Assad, the largest lake in Syria. The highest point in Syria is Mount Hermon (2,814 m; 9,232 ft) on the Lebanese border. Between the humid Mediterranean coast and the arid desert regions lies a semiarid steppe zone extending across three-quarters of the country, which receives hot, dry winds blowing across the desert. Syria is extensively run short, with 28 percent of the land arable, 4 percent dedicated to permanent crops, 46 percent utilized as meadows and pastures, and only 3 percent forest and woodland.

Syria is divided into fourteen governorates, or muhafazat (singular: muhafazah). The governorates are divided into a total of sixty districts, or manatiq (sing. mintaqah), which are further divided into sub-districts, or nawahi (sing. nahiya). The capital Damascus is the second largest city in Syria, and the metropolitan area is a governorate on its own. Aleppo (population 2,301,570) in northern Syria is the largest city. Latakia along with Tartus are Syria's main ports on the Mediterranean sea.

The country's waterways are of vital importance to its agricultural development. The longest and most important river is the Euphrates, which represents more than 80 percent of Syria's water resources. Its main left-bank tributaries, the Balikh and the Khabur, are small perennial rivers that both rise in the Syro-Turkish border region. The right-bank tributaries of the Euphrates are mostly small seasonal streams called wadis. In 1973, Syria completed construction of the Tabqa Dam on the Euphrates River upstream from the town of Ar-Raqqah. The dam created a reservoir named Lake Assad (Buhayrat al Assad), a body of water about 80 kilometers long and averaging eight kilometers in width.

Throughout the arid plateau region east of Damascus, oases, streams, and a few interior rivers that empty into swamps and small lakes provide water for local irrigation. Most important of these is the Barada, a river that rises in the Anti-Lebanon Mountains and disappears into the desert. The Barada creates the Al Ghutah Oasis, site of Damascus. This verdant area, some 370 square kilometers, has enabled Damascus to prosper since ancient times. In the mid-1980s, the size of Al Ghutah was gradually being eroded as suburban housing and light industry from Damascus encroached on the oasis.

Areas in the Jazira have been brought under cultivation with the waters of the Khabur River (Nahr al Khabur). The Sinn, a minor river in Latakia Governorate, is used to irrigate the area west of the Jabal an Nusayriyah, about 32 kilometers southwest of the port of Latakia. In the south the springs that feed the upper Yarmouk River are diverted for irrigation of the Hawran. Underground water reservoirs that are mainly natural springs are tapped for both irrigation and drinking. The richest in underground water resources is the Al Ghab region, which contains about 19 major springs and underground rivers that have a combined yield of thousands of liters per minute.

Climate

The most striking feature of the climate is the contrast. Between the humid Mediterranean coast and the arid desert regions lies a semiarid steppe zone extending across three-quarters of the country and bordered on the west by the Anti-Lebanon Mountains and the Jabal an Nusayriyah, on the north by the Turkish mountain region, and on the southeast by the Jabal al Arab, Jabal ar Ruwaq, Jabal Abu Rujmayn, and the Jabal Bishri ranges.

Rainfall in this area is fairly abundant, annual precipitation ranging between 750 and 1,000 millimeters (29.5 and 39.4 in). Most of the rain, carried by winds from the Mediterranean, falls between November and May. The annual mean temperatures range from 7 °C (44.6 °F) in January to 27 °C (80.6 °F) in August. Because the high ridges of the Jabal an Nusayriyah catch most of the rains from the Mediterranean, the Al Ghab depression, located east of these mountains, is in a relatively arid zone with warm, dry winds and scanty rainfall. Frost is unknown in any season, although the peaks of the Jabal an Nusayriyah are sometimes snow covered.

Farther south, rain-bearing clouds from the Mediterranean pass through the gap between the Jabal an Nusayriyah and the Anti-Lebanon Mountains, reaching the area of Homs and, sometimes, the steppe region east of that city. Still farther to the south, however, the Anti-Lebanon Mountains bar the rains from the Mediterranean, and the area, including the capital city of Damascus, becomes part of the semiarid climatic zone of the steppe, with precipitation averaging less than 200 millimeters (7.9 in) a year and with temperatures from 4 °C (39.2 °F) in January to 40 °C (104 °F) in July and August. The vicinity of the capital is, nevertheless, verdant and cultivable because of irrigation from the Barada River by aqueducts built during Roman times.

In the southeast, the humidity decreases, and annual precipitation falls below 100 millimeters (3.9 in). The scanty amounts of rain, moreover, are highly variable from year to year, causing periodic droughts. In the barren stony desert south of the Jabal ar Ruwaq, Jabal Abu Rujmayn, and Jabal Bishri ranges, temperatures in July often exceed 45 °C (113 °F). Sandstorms, common during February and May, damage vegetation and prevent grazing. North of the desert ranges and east of the Al Ghab depression lie the vast steppes of the plateau, where cloudless skies and high daytime temperatures prevail during the summer, but frosts, at times severe, are common from November to March. Precipitation averages 250 millimeters (9.8 in) a year but falls below 200 millimeters (7.9 in) in a large belt along the southern desert area. In this belt, only the Euphrates and Khabur rivers provide sufficient water for settlement and cultivation.

People & Society

Most Syrians live within 60 miles (100 km) of the coast. 90% are Muslim, including the politically dominant Shi'a Alawis. In the north and west are groups of Kurds, Armenians, and Turkic-speaking peoples. Some 460,000 Palestinian refugees live in Syria, and over a million Iraqis have fled here since 2003. There is a growing gulf between rich and poor. Human rights are an issue, but women's rights are among the best in the Arab world.

Economy

Syria is a middle-income country, with an economy based on agriculture, oil, industry, and tourism. However, Syria's economy faces serious problems and challenges and impediments to growth, including: a large and poorly performing public sector; declining rates of oil production; widening non-oil deficit; wide scale corruption; weak financial and capital markets; and high rates of unemployment tied to a high population growth rate.

As a result of an inefficient and corrupt centrally planned economy, Syria has low rates of investment, and low levels of industrial and agricultural productivity. Its GDP growth rate was approximately 5% in 2009, according to CIA World Factbook statistics. The two main pillars of the Syrian economy have been agriculture and oil. Agriculture, for instance, accounts for 17.7% of GDP and employs 17% of the total labor force. The government hopes to attract new investment in the tourism, natural gas, and service sectors to diversify its economy and reduce its dependence on oil and agriculture. The government has begun to institute economic reforms aimed at liberalizing most markets, but reform thus far has been slow and ad hoc. For ideological reasons, privatization of government enterprises is explicitly rejected. Therefore major sectors of the economy including refining, ports operation, air transportation, power generation, and water distribution, remain firmly controlled by the government.

Syria has produced heavy-grade oil from fields located in the northeast since the late 1960s. In the early 1980s, light-grade, low-sulphur oil was discovered near Deir ez-Zor in eastern Syria. Syria's rate of oil production has been decreasing steadily, from a peak close to 600,000 barrels per day (95,000 m3/d) (bpd) in 1995 down to approximately 425,000 bbl/d (67,600 m3/d) in 2005. Experts generally agree that Syria will become a net importer of petroleum not later than 2012. Syria exported roughly 200,000 bbl/d (32,000 m3/d) in 2005, and oil still accounts for a majority of the country's export income. Syria also produces 22 million cubic meters of gas per day, with estimated reserves around 8.5 trillion cubic feet (240 km3). While the government has begun to work with international energy companies in the hopes of eventually becoming a gas exporter, all gas currently produced is consumed domestically.

Some basic commodities, such as diesel, continue to be heavily subsidized, and social services are provided for nominal charges. The subsidies are becoming harder to sustain as the gap between consumption and production continues to increase. Syria has a population of approximately 22.2 million people, and Syrian Government figures place the population growth rate at 2.45%, with 75% of the population under the age of 35 and more than 40% under the age of 15.

Approximately 200,000 people enter the labor market every year. According to Syrian Government statistics. Government and public sector employees constitute over one quarter of the total labor force. Government officials acknowledge that the economy is not growing at a pace sufficient to create enough new jobs annually to match population growth. The UNDP announced in 2005 that 30% of the Syrian population lives in poverty and 11.4% live below the subsistence level.

Taiwan

ASIA

The republic of Taiwan (formerly Formosa) is on an island 80 miles (130 km) off the southeast coast of mainland China, which still considers it to be a renegade province.

OFFICIAL NAME: Republic of China (ROC)
DATE OF FORMATION: 1949
CAPITAL: Taipei
POPULATION: 23.17 million
TOTAL AREA: 13,892 sq. miles (35,980 sq. km)
DENSITY: 1844 people per sq. mile
LANGUAGES: Amoy Chinese, Mandarin Chinese*, Hakka Chinese
RELIGIONS: uddhist, Confucianist, and Taoist 93%, Christian 5%, other 2%
ETHNIC MIX: Indigenous Chinese 84%, mainland Chinese 14%, aboriginal 2%
GOVERNMENT: Presidential system
CURRENCY: Taiwan dollar = 100 cents

Geography

Mountain region covers two-thirds of the island. Highly fertile lowlands and coastal plains.

Climate

Tropical monsoon. Hot and humid. Typhoons July–September. Snow falls in mountains in winter.

People & Society

Most Taiwanese are Han Chinese, descendants of the 1644 migration of the Ming dynasty from the mainland. The modern republic was created in 1949, when the nationalist Kuomintang was expelled from the mainland following Communist victory in the civil war. 100,000 emigrés established themselves as a ruling class. Initial resentment has subsided as a new Taiwan-born generation has taken over the reins of power. The aboriginal minority suffers discrimination.

The official national language is Mandarin Chinese though the majority also speak Taiwanese (variant of the Hokkien speech of Fujian province) and many also speak Hakka. Aboriginal languages are becoming extinct as the aborigines have become sinicized and the ROC government has not preserved the Formosan languages. Like Hong Kong and Macau, the ROC uses the Traditional Chinese writing system. However, in some rare cases, the characters are not the same as in Hong Kong or Macau.

The figures below are the 2011 estimates for the twenty largest urban populations within administrative city limits; a different ranking exists when considering the total metropolitan area populations (in such rankings the Taipei-Keelung metro area is by far the largest agglomeration).

Economy

The quick industrialization and rapid growth of Taiwan during the latter half of the twentieth century has been called the "Taiwan Miracle". Taiwan is one of the "Four Asian Tigers" alongside Hong Kong, South Korea and Singapore.

By 1945, hyperinflation was in progress in mainland China and Taiwan as a result of the war with Japan. To isolate Taiwan from it, the Nationalist government created a new currency area for the island, and started a price stabilization program. These efforts helped significantly slow the inflation. In 1950, with the outbreak of the Korean War, the US began an aid program which resulted in fully stabilized prices by 1952. The KMT government instituted many laws and land reforms that it had never effectively enacted on mainland China; it implemented a policy of import-substitution, and it attempted to produce imported goods domestically. Much of this was made possible through US economic aid, subsidizing the higher cost of domestic production.

Today the Republic of China has a dynamic, capitalist, export-driven economy with gradually decreasing state involvement in investment and foreign trade. In keeping with this trend, some large government-owned banks and industrial firms are being privatized. Real growth in GDP has averaged about 8% during the past three decades. Exports have provided the primary impetus for industrialization. The trade surplus is substantial, and foreign reserves are the world's fifth largest. The Republic of China has its own currency, the New Taiwan dollar.

Since the beginning of the 1990s, the economic ties between the ROC and the PRC have been very prolific. As of 2008, more than US$150 billion have been invested in the PRC by Taiwanese companies, and about 10% of the Taiwanese labour force works in the PRC, often to run their own businesses.Although the economy of Taiwan benefits from this situation, some have expressed the view that the island has become increasingly dependent on the PRC economy. A 2008 white paper by the Department of Industrial Technology states that "Taiwan should seek to maintain stable relation with China while continuing to protect national security, and avoiding excessive 'Sinicization' of Taiwanese economy." Others argue that close economic ties between Taiwan and the PRC would make any military intervention by the PRC against Taiwan very costly, and therefore less probable.

In 2001, agriculture constitutes only 2 percent of GDP, down from 35 percent in 1952. Traditional labor-intensive industries are steadily being moved offshore and with more capital and technology-intensive industries replacing them. The ROC has become a major foreign investor in the PRC, Thailand, Indonesia, the Philippines, Malaysia, and Vietnam. It is estimated that some 50,000 Taiwanese businesses and 1,000,000 businesspeople and their dependents are established in the PRC.

Because of its conservative financial approach and its entrepreneurial strengths, the ROC suffered little compared with many of its neighbors from the 1997 Asian Financial Crisis. Unlike its neighbors, South Korea and Japan, the Taiwanese economy is dominated by small and medium sized businesses, rather than the large business groups. The global economic downturn, however, combined with poor policy coordination by the new administration and increasing bad debts in the banking system, pushed Taiwan into recession in 2001, the first whole year of negative growth since 1947. Due to the relocation of many manufacturing and labor intensive industries to the PRC, unemployment also reached a level not seen since the 1970s oil crisis. This became a major issue in the 2004 presidential election. Growth averaged more than 4 percent in the 2002–2006 period and the unemployment rate fell below 4 percent.

The ROC often joins international organizations under a politically neutral name. The ROC is a member of governmental trade organizations such as the World Trade Organization under the name Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei) since 2002.

Tajikistan

ASIA

Tajikistan lies landlocked on the western slopes of the Pamirs in central Asia. Soon after the breakup of the USSR in 1991, civil war erupted between ruling communists and Islamists.

OFFICIAL NAME: Republic of Tajikistan
DATE OF FORMATION: 1991
CAPITAL: Dushanbe
POPULATION: 7.99 million
TOTAL AREA: 55,251 sq. miles (143,100 sq. km)
DENSITY: 126 people per sq. mile
LANGUAGES: Tajik*, Uzbek, Russian
RELIGIONS: Sunni Muslim 80%, other 15%, Shi'a Muslim 5%
ETHNIC MIX: Tajik 80%, Uzbek 15%, other 3%, Kyrgyz 1%, Russian 1%
GOVERNMENT: Presidential system
CURRENCY: Somoni = 100 diram

Geography

Tajikistan is landlocked, and is the smallest nation in Central Asia by area. It lies mostly between latitudes 36° and 41° N (a small area is north of 41°), and longitudes 67° and 75° E (a small area is east of 75°). It is covered by mountains of the Pamir range, and more than fifty percent of the country is over 3,000 meters (9,800 ft) above sea level. The only major areas of lower land are in the north (part of the Fergana Valley), and in the southern Kofarnihon and Vakhsh river valleys, which form the Amu Darya. Dushanbe is located on the southern slopes above the Kofarnihon valley.

The Amu Darya and Panj rivers mark the border with Afghanistan, and the glaciers in Tajikistan's mountains are the major source of runoff for the Aral Sea. There are over 900 rivers in Tajikistan longer than 10 kilometers.

The lower elevations of Tajikistan are divided into northern and southern regions by a complex of three mountain chains that constitute the westernmost extension of the massive Tian Shan system. Running essentially parallel from east to west, the chains are the Turkestan, Zeravshan (Zarafshan), and Hisor (Gissar) mountains. The last of these lies just north of the capital, Dushanbe, which is situated in west-central Tajikistan.

More than half of Tajikistan lies above an elevation of 3,000 metres (9,800 ft). Even the lowlands, which are located in the Fergana Valley in the far north and in Khatlon Province in the southwest, are well above sea level. In the Turkestan range, highest of the western chains, the maximum elevation is 5,510 metres (18,080 ft). The highest elevations of this range are in the east, near the border with Kyrgyzstan. That region is dominated by the peaks of the Pamir-Alay mountain system, including two of the three highest elevations in the former Soviet Union: Mount Lenin — 7,134 metres (23,406 ft) and Mount Communism — 7,495 metres (24,590 ft). Several other peaks in the region also exceed 7,000 metres (23,000 ft). The mountains contain numerous glaciers, the largest of which, Fedchenko Glacier, covers more than 700 square kilometres (270 sq mi) and is the largest glacier in the world outside the polar regions. Because Tajikistan lies in an active seismic belt, severe earthquakes are common.

The Fergana Valley, the most densely populated region in Central Asia irrigated by the Syr Darya in its upper course, spreads across the north-eastern arm of Uzbekistan and Northern Tajikistan. This long valley, which lies between two mountain ranges — the Kuramin Range in the north and the Turkestan Range in the south, reaches its lowest elevation of 320 metres (1,050 ft) at Khujand on the Syr Darya. Rivers bring rich soil deposits into the Fergana Valley from the surrounding mountains, creating a series of fertile oases that have long been prized for agriculture.

In Tajikistan's dense river network, the largest rivers are the Syr Darya and the Amu Darya; the largest tributaries are the Vakhsh and the Kofarnihon, which form valleys from northeast to southwest across western Tajikistan. The Amu Darya carries more water than any other river in Central Asia. The upper course of the Amu Darya, called the Panj River, is 921 kilometres (572 mi) long. The river's name changes at the confluence of the Panj, the Vakhsh, and the Kofarnihon rivers in far southwestern Tajikistan. The Vakhsh, called the Kyzyl-Suu ("red water" in Turkic languages) upstream in Kyrgyzstan and the Surkhob in its middle course in north-central Tajikistan, is the second largest river in southern Tajikistan after the Amu-Panj system. In the Soviet era, the Vakhsh was dammed at several points for irrigation and electric power generation, most notably at Norak (Nurek), east of Dushanbe, where one of the world's highest dams forms the Nurek Reservoir. Numerous factories also were built along the Vakhsh to draw upon its waters and potential for electric power generation.

Climate

In general, Tajikistan's climate is continental, subtropical, and semiarid, with some desert areas. The climate changes drastically according to elevation, however. The Fergana Valley and other lowlands are shielded by mountains from Arctic air masses, but temperatures in that region still drop below freezing for more than 100 days a year. In the subtropical southwestern lowlands, which have the highest average temperatures, the climate is arid, although some sections now are irrigated for farming. At Tajikistan's lower elevations, the average temperature range is 23 to 30 °C (73.4 to 86 °F) in July and -1 to 3 °C (30.2 to 37.4 °F) in January. In the eastern Pamirs, the average July temperature is 5 to 10 °C (41 to 50 °F), and the average January temperature is -15 to -20 °C (5 to -4 °F).

Tajikistan is the wettest of the Central Asian republics, with the average annual precipitation for the Kafiristan and Vakhsh valleys in the south being around 500 to 600 mm (19.7 to 23.6 in), and up to 150 mm (5.9 in) in the mountains. At the Fedchenko Glacier, as much as 223.6 cm (88.0 in) of snow falls each year. Only in the northern Fergana Valley and in the rain shadow areas of the eastern Pamirs is precipitation as low as in other parts of Central Asia: in the eastern Pamirs less than 100 mm (3.94 in) falls per year. Most precipitation occurs in the winter and spring.

People & Society

Unlike the other former Soviet republics of central Asia, Tajikistan is dominated by a people of Persian (Iranian) rather than Turkic origin. The main ethnic conflict is with the Turkic Uzbek minority. Russians are discriminated against; most fled in the 1992–1997 civil war, and standards of living fell dramatically. Islamist militants are active. Two million people work abroad, primarily in Russia.

The official and vernacular language of Tajikistan is Tajik although Russian is routinely used in business and communication. The use of Russian in official documents has been ruled out in 2009 although the Constitution still mentions it as the "language for inter-ethnic communication".

Despite its poverty, Tajikistan has a high rate of literacy due to the old Soviet system of free education, with an estimated 99.5% of the population having the ability to read and write. The majority of the population follow Sunni Islam. There is also a sizeable minority of Ismailis.

Bukharan Jews had lived in Tajikistan since the 2nd century BC, but today almost none are left. There is also a small population of Yaghnobi people who have lived in the mountainous district of Sughd Viloyat for many centuries. The German population in Tajikistan was 38,853 in 1979. Nearly one million Tajik men worked abroad in 2009. More than 70% of the female population lives in villages where traditions still matter very much.

Economy

Tajikistan was the poorest republic of the Soviet Union and is the poorest country in Central Asia as well as in the former Soviet Union today. The current economic situation remains fragile, largely owing to corruption, uneven economic reforms, and economic mismanagement. With foreign revenue precariously dependent upon remittances from migrant workers overseas, exports of aluminium and cotton, the economy is highly vulnerable to external shocks. In FY 2000, international assistance remained an essential source of support for rehabilitation programs that reintegrated former civil war combatants into the civilian economy, thus helping keep the peace. International assistance also was necessary to address the second year of severe drought that resulted in a continued shortfall of food production.

In 2006 GDP per capita of Tajikistan was 85% of 1990s level., while population has increased from 5.3 million in 1991 to 7.3 million in 2009.

On August 21, 2001, the Red Cross announced that a famine was striking Tajikistan, and called for international aid for Tajikistan and Uzbekistan. Tajikistan's economy grew substantially after the war. The GDP of Tajikistan expanded at an average rate of 9.6% over the period of 2000–2007 according to the World Bank data. This improved Tajikistan's position among other Central Asian countries (namely Turkmenistan and Uzbekistan), which seem to have degraded economically ever since. Tajikistan is an active member of the Economic Cooperation Organization (ECO).

The recently completed Anzab tunnel which connects the previously hard to access Northern part of the country to the capital Dushanbe has been labeled as part of the new Silk Road. It is part of a road under construction that will connect Tajikistan to Iran and the Persian Gulf through Afghanistan.

A new bridge between Afghanistan and Tajikistan has been built which will help the country have access to trade lines with South Asia. The bridge was built by the United States.

The primary sources of income in Tajikistan are aluminium production, cotton growing and remittances from migrant workers.

Aluminium industry is represented by the state-owned Tajik Aluminum Company - the biggest aluminium plant in Central Asia and one of the biggest in the world.

Tajikistan's rivers, such as the Vakhsh and the Panj, have great hydropower potential, and the government has focused on attracting investment for projects for internal use and electricity exports. Tajikistan is home to the Nurek, the highest dam in the world. Lately, Russia's RAO UES energy giant has been working on the Sangtuda-1 hydroelectric power station (670 MW capacity) commenced operations on 18 January 2008. Other projects at the development stage include Sangtuda-2 by Iran, Zerafshan by the Chinese company SinoHydro, and the Rogun power plant that, at a projected height of 335 metres (1,099 ft), would supersede the Nurek Dam as highest in the world if it is brought to completion Other energy resources include sizable coal deposits and smaller reserves of natural gas and petroleum.

Foreign remittance flows from Tajik migrant workers abroad, mainly in Russia, has become by far the main source of income for millions of Tajikistan's people and represents additional 36.2 % of country's GDP directly reaching the poverty-stricken population. According to some estimates about 20% of the population lives on less than US$1.25 per day. Migration from Tajikistan and the consequent remittances have been unprecedented in their magnitude and economic impact. Tajikistan has achieved transition from a planned to a market economy without substantial and protracted recourse to aid (of which it by now receives only negligible amounts), and by purely market-based means, simply by exporting its main commodity of comparative advantage — cheap labor. The World Bank Tajikistan Policy Note 2006 concludes that remittances have played an important role as one of the drivers of Tajikistan's robust economic growth during the past several years, have increased incomes, and as a result helped significantly reduce poverty.

Drug trafficking is the major illegal source of income in Tajikistan as it is an important transit country for Afghan narcotics bound for Russian and, to a lesser extent, Western European markets; some opium poppy is also raised locally for the domestic market. However with the increasing assistance from international organizations, such as UNODC, and cooperation with the US, Russian, EU and Afghan authorities a level of progress on the fight against illegal drug-trafficking is being achieved.

Tajikistan holds third place in the world for heroin and raw opium confiscations (1216.3 kg of heroin and 267.8 kg of raw opium in the first half of 2006). Drug money corrupts the country's government; according to some experts the well-known personalities that fought on both sides of the civil war and have held the positions in the government after the armistice was signed are now involved in the drug trade. UNODC is working with Tajikistan to strengthen border crossings, provide training, and set up joint interdiction teams. It also helped to establish Tajikistani Drug Control Agency.

Since the collapse of the USSR, there has been a significant and growing trend of Tajiks migrating abroad for jobs and seeking refuge. In 2010, remittances from Tajik labour migrants totaled an estimated 2.1 billion US dollars, an increase from 2009.

Tanzania

AFRICA

The east African state of Tanzania was formed in 1964 by the union of Tanganyika and the Zanzibar islands. A third of its area is game reserve or national park.

OFFICIAL NAME: United Republic of Tanzania
DATE OF FORMATION: 1964
CAPITAL: Dodoma
POPULATION: 43.7 million
TOTAL AREA: 364,898 sq. miles (945,087 sq. km)
DENSITY: 128 people per sq. mile
LANGUAGES: Kiswahili*, English*, other
RELIGIONS: Muslim 33%, Christian 33%, traditional beliefs 30%, other 4%
ETHNIC MIX: Native African (over 120 tribes) 99%, European, Asian, Arab 1%
GOVERNMENT: Presidential system
CURRENCY: Tanzanian shilling = 100 cents

Geography

At 947,300 km², Tanzania is the world's 31st-largest country. Compared to other African countries, it is slightly smaller than Egypt and comparable in size to Nigeria. It lies mostly between latitudes 1° and 12°S, and longitudes 29° and 41°E.

Tanzania is mountainous in the northeast, where Mount Kilimanjaro, Africa's highest peak, is situated. To the north and west are the Great Lakes of Lake Victoria (Africa's largest lake) and Lake Tanganyika (Africa's deepest lake, known for its unique species of fish). Central Tanzania comprises a large plateau, with plains and arable land. The eastern shore is hot and humid, with the island of Zanzibar lying just offshore.

Tanzania contains many large and ecologically significant wildlife parks, including the famous Ngorongoro Crater, Serengeti National Park in the north, and Selous Game Reserve and Mikumi National Park in the south. Gombe National Park in the west is known as the site of Dr. Jane Goodall's studies of chimpanzee behaviour.

The government of Tanzania through its department of tourism has embarked on a campaign to promote the Kalambo water falls in the southwestern region of Rukwa as one of Tanzania's main tourist destinations. The Kalambo Falls are the second highest in Africa and are located near the southern tip of Lake Tanganyika. The Menai Bay Conservation Area is Zanzibar's largest marine protected area.

Climate

Tanzania has a tropical climate. In the highlands, temperatures range between (10 and 20 °C (50 and 68 °F)) during cold and hot seasons respectively. The rest of the country has temperatures rarely falling lower than 20 °C (68 °F). The hottest period extends between November and February (25–31 °C / 77–87.8 °F while the coldest period occurs between May and August (15–20 °C / 59–68 °F). Annual temperature is 32 °C (89.6 °F). The climate is cool in high mountainous regions.

Tanzania has two major rainfall regions. One is uni-modal (December–April) and the other is bi-modal (October–December and March–May). The former is experienced in southern, south-west, central and western parts of the country, and the latter is found to the north and northern coast.

In the bi-modal regime the March–May rains are referred to as the long rains or Masika, whereas the October–December rains are generally known as short rains or Vuli. As this country lies in equator here the climate is hot and humid. The easterlies winds cause rainfall in the eastern coastal region.

People & Society

99% of people belong to one of 120 small ethnic Bantu groups. Arabs, Asians, and Europeans make up the remaining population. Use of Kiswahili as the lingua franca has eliminated ethnic rivalries. The majority of Tanzanians are
subsistence famers.

English is no longer a de jure official language in Tanzania, which is one of the few African states in which a local language has gained importance to the disadvantage of the ex-colonial language. Since English is still the language of higher courts, it can however be considered a de facto official language. Tanzanians see themselves as having two "official" languages, English and Swahili. Swahili is seen as the unifying language of the country between different tribes, who each have their own tribal language; English serves the purpose of providing Tanzanians with the ability to participate in the global economy and culture. The first language typically learned by a Tanzanian is that of his or her tribe, with Swahili and English learned thereafter.

According to the official linguistic policy of Tanzania, as announced in 1984, Swahili is the language of the social and political sphere as well as primary and adult education, whereas English is the language of secondary education, universities, technology, and higher courts. Though the British government financially supports the use of English in Tanzania, its usage in the Tanzanian society has diminished over the past decades: In the seventies Tanzanian university students used to speak English with each other, whereas now they almost exclusively use Swahili outside the classroom. Even in secondary school and university classes, where officially only English should be used, it is now quite common to use a mix of Swahili and English.

Other spoken languages are Indian languages, especially Gujarati, and Portuguese (spoken by Indians and Mozambican blacks, respectively) and to a lesser extent French (from neighbouring Rwanda, Burundi and Democratic Republic of the Congo). Historically German was widely spoken during that colonial period, but few remain alive who remember that time.

Economy

The economy is mostly based on agriculture, which accounts for more than half of the GDP, provides 75 percent (approximately) of exports, and employs approximately 75 percent of the workforce. Topography and climate, though, limit cultivated crops to only 4 percent of the land area.

The nation has many natural resources including minerals, natural gas, and tourism. Extraction of natural gas began in the 2000s. Gas is drawn into the commercial capital, Dar Es Salaam and exported to various markets overseas. The mineral sector started to pick-up slowly in the late 90s, major discoveries are announced regularly. However, the mineral sector has yet to start contributing significantly to the overall Tanzanian economy. On the other hand, the contribution of the tourism sector to the Tanzanian economy is steadily rising year after year.

Industry is mainly limited to processing agricultural products and light consumer goods. Tanzania has vast amounts of minerals including gold, diamonds, coal, iron, uranium, nickel, chrome, tin, platinum, coltan, niobium, and other minerals. It is the third-largest producer of gold in Africa after South Africa and Ghana. Tanzania is also known for Tanzanite, a type of precious gemstone that is found only in Tanzania.

Tanzania is the home of the world-famous Kilimanjaro the highest mountain in Africa. She has dozens of beautiful beaches such as those found in Zanzibar and breathtaking national parks like the world-famous Serengeti and the Ngorongoro Conservation Area, which generate tourism income that plays a vital part in the economy. Growth from 1991 to 1999 featured industrial production and a substantial increase in output of minerals, led by gold. Commercial production of natural gas from the Songo Songo island in the Indian Ocean off the Rufiji Delta commenced in 2004, with natural gas being pumped in a pipeline to Dar es Salaam, the bulk of it converted to electricity by public utility and private operators. A new gas field is being brought on stream in Mnazi Bay.

Recent public sector and banking reforms, as well as revamped and new legislative frameworks, have all helped increase private-sector growth and investment. Short-term economic progress also depends on curbing corruption.

Prolonged drought during the early years of this century has severely reduced electricity generation capacity (some 60 percent of Tanzania's electricity supplies are generated by hydro-electric methods). During 2006, Tanzania suffered a crippling series of "load-shedding" or power-rationing episodes caused by a shortfall of generated power, largely because of insufficient hydro-electric generation. Plans to increase gas- and coal-fueled generation capacity are likely to take some years to implement, and growth is forecast to be increased to seven percent or more per year.

There are two major airlines in Tanzania: the Air Tanzania Corporation and Precision Air; both provide local flights to Arusha, Kigoma, Mtwara, Mwanza, Musoma, Shinyanga, Zanzibar and regional flights to Kigali, Nairobi and Mombasa. There are also several charter firms and smaller airlines, such as Bold Aviation Ltd., Tropical Air and Coastal Aviation Ltd. There are two railway companies: TAZARA provides service between Dar-es-Salaam and Kapiri Mposhi, a district of the Central Province in Zambia. The other one is the Tanzania Railways Corporation, which provides services between Dar-es-Salaam and Kigoma, a town on the shores of Lake Tanganyika and between Dar-es-Salaam and Mwanza, a city on the shores of Lake Victoria. Several modern hydrofoil boats also provide transportation across the Indian Ocean between Dar-es-Salaam and Zanzibar.

Tanzania is part of the East African Community and a potential member of the planned East African Federation.

Thailand

ASIA

Thailand lies at the heart of mainland southeast Asia. Continuing rapid industrialization has resulted in massive congestion in the capital and a serious depletion of natural resources.

OFFICIAL NAME: Kingdom of Thailand
DATE OF FORMATION: 1238
CAPITAL: Bangkok
POPULATION: 66.7 million
TOTAL AREA: 198,455 sq. miles (514,000 sq. km)
DENSITY: 344 people per sq. mile
LANGUAGES: Thai*, Chinese, Malay, Khmer, Mon, Karen, Miao
RELIGIONS: Buddhist 95%, Muslim 4%, other (including Christian) 1%
ETHNIC MIX: Thai 83%, Chinese 12%, Malay 3%, Khmer and other 2%
GOVERNMENT: Parliamentary system
CURRENCY: Baht = 100 satang

Geography

Totaling 513,120 square kilometres (198,120 sq mi), Thailand is the world's 50th largest country in land mass, while it is the world's 20th largest country in terms of population. It is comparable in population to countries such as France and the United Kingdom, and is similar in land size to France and California in the United States.

Thailand is home to several distinct geographic regions, partly corresponding to the provincial groups. The north of the country is mountainous, with the highest point being Doi Inthanon at 2,565 metres (8,415 ft) above sea level. The northeast, Isan, consists of the Khorat Plateau, bordered to the east by the Mekong River. The centre of the country is dominated by the predominantly flat Chao Phraya river valley, which runs into the Gulf of Thailand.

Southern Thailand consists of the narrow Kra Isthmus that widens into the Malay Peninsula. Politically, there are six geographical regions which differ from the others in population, basic resources, natural features, and level of social and economic development. The diversity of the regions is the most pronounced attribute of Thailand's physical setting.

The Chao Phraya and the Mekong River are the sustainable resource of rural Thailand. Industrial scale production of crops use both rivers and their tributaries. The Gulf of Thailand covers 320,000 square kilometres (124,000 sq mi) and is fed by the Chao Phraya, Mae Klong, Bang Pakong and Tapi Rivers. It contributes to the tourism sector owing to its clear shallow waters along the coasts in the Southern Region and the Kra Isthmus. The Gulf of Thailand is also an industrial center of Thailand with the kingdom's main port in Sattahip along with being the entry gates for Bangkok's Inland Seaport.

The Andaman Sea is regarded as Thailand's most precious natural resource as it hosts the most popular and luxurious resorts in Asia. Phuket, Krabi, Ranong, Phang Nga and Trang and their lush islands all lay along the coasts of the Andaman Sea and despite the 2004 Tsunami, they continue to be and ever more so, the playground of the rich and elite of Asia and the world.

Plans have resurfaced of a logistical connection of the two bodies of water which would be coined the Thai Canal, analogous to the Suez and the Panama Canal. Such an idea has been greeted with positive accounts by Thai politicians as it would cut fees charged by the Ports of Singapore, improve ties with China and India, lower shipping times and increase ship safety owing to pirate fears in the Strait of Melaka and, support the Thai government's policy of being the logistical hub for Southeast Asia.

The ports would improve economic conditions in the south of Thailand, which relies heavily on tourism income, and it would also change the structure of the Thai economy moving it closer to a services center of Asia. The canal would be a major engineering project and has expected costs of 20–30 billion dollars.

Climate

Most of Thailand has a Tropical wet and dry or savanna climate (Aw) according to the Köppen climate classification, while the South and the eastern tip of the East have a tropical monsoon climate (Am); countrywide, temperatures normally range from an average annual high of 38 °C (100.4 °F) to a low of 19 °C (66.2 °F). During the dry season, the temperature rises dramatically in the second half of March, spiking to well over 40 °C (104 °F) in some areas by mid April when the Sun passes the Zenith. Southwest monsoons that arrive between May and July (except in the South) signal the advent of the rainy season (ruedu fon), which lasts into October and the cloud covering reduces the temperature again but the high humidity is experienced as 'hot and sticky'. November and December mark the onset of the dry season and night temperatures on high ground can occasionally drop to a light frost. Temperatures begin to climb in January, and a hot sun parches the landscape. The dry season is shortest in the South because of the proximity of the sea to all parts of the Malay Peninsula. With only minor exceptions, every area of the country receives adequate rainfall, but the duration of the rainy season and the amount of rain vary substantially from region to region and with altitude. The Northeast experiences a long dry season although the dry 2007/2008 season lasted only from late November through mid March. Its red,(laterite) dense clayey soils retain water well, which limits their agricultural potential for many crops but is ideal for keeping the water in the paddy fields and local village reservoirs. The well drained, loose sandy alluvium of the Mekong flood plain is very fertile, the main crops being tomatoes on an industrial scale, tobacco, and pineapples.

People & Society

Buddhism is a national binding force. 600,000 hill tribes-people, with their own languages, live in the north and northeast. The Chinese minority is the most assimilated in the region. Malay Islamists in the undeveloped far south are fighting for secession. Politics has been unstable since the 2006 fall of pro-poor Prime Minister Thaksin.

The official language of Thailand is Thai, a Kradai language closely related to Lao, Shan in Burma, and numerous smaller languages spoken in an arc from Hainan and Yunnan south to the Chinese border. It is the principal language of education and government and spoken throughout the country. The standard is based on the dialect of the central Thai people, and it is written in the Thai alphabet, an abugida script that evolved from the Khmer script. Several other dialects exist, and coincide with the regional designations. Southern Thai is spoken in the southern provinces, and Northern Thai is spoken in the provinces that were formally part of the independent kingdom of Lannathai.

Thailand is also host to several other minority languages, the largest of which is the Lao dialect of Isan spoken in the northeastern provinces. Although sometimes considered a Thai dialect, it is a Lao dialect, and the region in where it is traditionally spoken was historically part of the Lao kingdom of Lan Xang. In the far south, Yawi, a dialect of Malay, is the primary language of the Malay Muslims. Varieties of Chinese are also spoken by the large Chinese population, with Teochew being best represented.

Numerous tribal languages are also spoken, including those belonging to the Mon–Khmer family, such as Mon, Khmer, Viet, Mlabri; Austronesian family, such as Cham, Moken, and Orang Asli, Sino-Tibetan family such as Lawa, Akhan, and Karen; and other Tai languages such as Nyaw, Phu Thai, and Saek. Hmong is a member of the Hmong–Mien languages, which is now regarded as a language family of its own.

English is a mandatory school subject, but the number of fluent speakers remains very low, especially outside the cities.

Economy

Thailand is an emerging economy and considered as a newly industrialized country. After enjoying the world's highest growth rate from 1985 to 1996 – averaging 12.4% annually – increased pressure on Thailand's currency, the baht, in 1997, the year in which the economy contracted by 1.9% led to a crisis that uncovered financial sector weaknesses and forced the Chavalit Yongchaiyudh administration to float the currency, however, Prime Minister Chavalit Yongchaiyudh was forced to resign after his cabinet came under fire for its slow response to the crisis. The baht was pegged at 25 to the US dollar from 1978 to 1997, however, the baht reached its lowest point of 56 to the US dollar in January 1998 and the economy contracted by 10.8% that year. This collapse prompted the Asian financial crisis.

Thailand's economy started to recover in 1999, expanding 4.2% and 4.4% in 2000, thanks largely to strong exports. Growth (2.2%) was dampened by the softening of the global economy in 2001, but picked up in the subsequent years owing to strong growth in Asia, a relatively weak baht encouraging exports and increasing domestic spending as a result of several mega projects and incentives of Prime Minister Thaksin Shinawatra, known as Thaksinomics. Growth in 2002, 2003 and 2004 was 5–7% annually. Growth in 2005, 2006 and 2007 hovered around 4–5%. Due both to the weakening of the US dollar and an increasingly strong Thai currency, by March 2008, the dollar was hovering around the 33 baht mark.

Thailand exports an increasing value of over $105 billion worth of goods and services annually. Major exports include Thai rice, textiles and footwear, fishery products, rubber, jewellery, cars, computers and electrical appliances. Thailand is the world's no.1 exporter of rice, exporting more than 6.5 million tons of milled rice annually. Rice is the most important crop in the country. Thailand has the highest percentage of arable land, 27.25%, of any nation in the Greater Mekong Subregion. About 55% of the arable land area is used for rice production.

Substantial industries include electric appliances, components, computer parts and cars, while tourism in Thailand makes up about 6% of the economy. Prostitution in Thailand and sex tourism also form a de facto part of the economy. Cultural milieu combined with poverty and the lure of money have caused prostitution and sex tourism in particular to flourish in Thailand. One estimate published in 2003 placed the trade at US$4.3 billion per year or about three percent of the Thai economy. According to research by Chulalongkorn University on the Thai illegal economy, prostitution in Thailand in the period between 1993 and 1995, made up around 2.7% of the GDP. It is believed that at least 10% of tourist dollars are spent on the sex trade.

The economy of Thailand is an emerging economy which is heavily export-dependent, with exports accounting for more than two thirds of gross domestic product (GDP) The exchange rate is Baht 33.00/USD.

Thailand has a GDP worth 8.5 trillion Baht (on a purchasing power parity (PPP) basis), or US$627 billion (PPP). This classifies Thailand as the 2nd largest economy in Southeast Asia after Indonesia. Despite this, Thailand ranks midway in the wealth spread in Southeast Asia as it is the 4th richest nation according to GDP per capita, after Singapore, Brunei and Malaysia.

It functions as an anchor economy for the neighboring developing economies of Laos, Burma, and Cambodia. Thailand's recovery from the 1997–1998 Asian financial crisis depended mainly on exports, among various other factors. Thailand ranks high among the world's automotive export industries along with manufacturing of electronic goods.

Between 1997 and 2010, 4'306 mergers & acquisitions with a total known value of 81 bil. USD with the involvement of Thai firms have been announced. The year 2010 was a new record in terms of value with 12 bil. USD of transactions. The largest transaction with involvement of Thai companies has been: PTT Chemical PCL merged with PTT Aromatics and Refining PCL valued at 3.8 bil. USD in 2011.

49% of Thailand's labor force is employed in agriculture, however this is less than the 70% employed in 1980. Agriculture has been experiencing a transition from labour intensive and transitional methods into a more industrialised and competitive sector. Between 1962 and 1983, the agricultural sector grew by 4.1% on average a year and continued to grow at 2.2% between 1983 and 2007. However, the relative contribution of agriculture to GDP has declined while exports of goods and services have increased.

Tourism revenues are on the rise. With the instability surrounding the recent coup and the military rule, however, the GDP growth of Thailand has settled at around 4–5% from previous highs of 5–7% under the previous civilian administration, as investor and consumer confidence has been degraded somewhat due to political uncertainty.

The incumbent elected civilian administration under Samak Sundaravej in power from January 29 to September 9, 2008 stated that the economy will have grown by 5.5% to 6% by the end of 2008. Due to rising oil and food prices, the annual inflation rate for 2008 shot up to 9.2% in July; a 10-year high.

Thailand generally uses the metric system but traditional units of measurement for land area are used, and imperial measure (feet, inches etc.) are occasionally used with building materials such as wood and plumbing sizes. Years are numbered as B.E. (Buddhist Era) in education, the civil service, government, and on contracts and newspaper datelines; in banking, however, and increasingly in industry and commerce, standard Western year (Christian or Common Era) counting prevails.

Togo

AFRICA

Togo lies sandwiched between Ghana and Benin in west Africa. General Eyadema ruled from 1967–2005; his son succeeded him. Lomé port is an important entrepôt for regional trade.

OFFICIAL NAME: Republic of Togo
DATE OF FORMATION: 1960
CAPITAL: Lomé
POPULATION: 6.61 million
TOTAL AREA: 21,924 sq. miles (56,785 sq. km)
DENSITY: 315 people per sq. mile
LANGUAGES: Ewe, Kabye, Gurma, French*
RELIGIONS: Traditional beliefs 50%, Christian 35%, Muslim 15%
ETHNIC MIX: Ewe 46%, other African 41%, Kabye 12%, European 1%
GOVERNMENT: Presidential system
CURRENCY: CFA franc = 100 centimes

Geography

Togo is a small Sub-Saharan nation comprising a long strip of land in West Africa. Togo's geographic coordinates are a latitude of 8° north and a longitude of 1°10′ east. It is bordered by three countries: Benin to the east, with 644 km (400 mi) of border; Burkina Faso to the north, with 126 km (78 mi) of border; and Ghana, with 877 km (545 mi) of border. To the south Togo has 56 km (35 mi) of coastline along the Bight of Benin of the Gulf of Guinea in the North Atlantic Ocean. Togo stretches 579 km (360 mi) north from the Gulf and is only 160 km (99 mi) wide at the broadest point. In total, Togo has an area of 56,785 km^2 (21,925 sq mi), of which 54,385 km^2 (20,998 sq mi) is land and 2,400 km^2 (927 sq mi) is water.

The country consists primarily of two savanna plains regions separated by a southwest–northeast range of hills (the Chaîne du Togo).

Togo is commonly divided into six geographic regions. In the south are low-lying sandy beaches. The coastal region is narrow and followed by tidal flats and shallow lagoons. There are also a number of lakes, the largest of which is Lake Togo.

Further north lies the Ouatchi Plateau. This plateau is about 30 kilometres (19 mi) wide and located at an altitude of 60 to 90 metres (197 to 295 ft) above sea level. Terre de Barre is another name for this region, in use because of the reddish leached soil which is rich in iron. This southern area of Togo has been categorised by the World Wildlife Fund as part of the Guinean forest-savanna mosaic ecoregion.

Northeast of the Ouatchi Plateau lies a tableland. At its highest this region is about 500 metres (1,640 ft) above sea level. The area is drained by the Mono River and its tributaries, including the Ogou River.

To the west and the southwest of the tableland lie the Togo Mountains. These mountains run across the central region of Togo, ranging from the southwest to the northeast. The mountain range reaches into Benin where it is known as the Atakora Mountains and Ghana where it is known as the Akwapim Hills. The highest mountain in Togo is Mount Agou with a height of 986 metres (3,235 ft).

North of the Togo Mountains lies a sandstone plateau through which the Oti River flows. The vegetation is characterized by savanna. The River Oti which drains the plateau is one of the main tributaries of the River Volta.

In the far northwest of Togo lies a higher region which is characterized by its rocks: granite and gneiss. The cliffs of Dapaong (Dapango) are located in this part of Togo.

Climate

The climate is generally tropical with average temperatures ranging from 27.5 °C (81.5 °F) on the coast to about 30 °C (86 °F) in the northernmost regions, with a dry climate and characteristics of a tropical savanna. To the south there are two seasons of rain (the first between April and July and the second between (September and November), even though the average rainfall is not very high. The climate is tropical and humid for seven months while the dry desert winds of the harmatten blow south from November to March, bringing cooler weather.

People & Society

Harsh resentment between Ewe in the south and Kabye in the north. Kabye control the military, but the north is less developed than the south. Extended family is important. Tribalism and nepotism are key factors in every day life. Some ethnic groups, such as the Mina, have matriarchal societies.

In June 2011, the United Nations Population Fund released a report on The State of the World's Midwifery. It contained new data on the midwifery workforce and policies relating to newborn and maternal mortality for 58 countries. The 2010 maternal mortality rate per 100,000 births for Togo is 350. This is compared with 447.1 in 2008 and 539.7 in 1990. The under 5 mortality rate, per 1,000 births is 100 and the neonatal mortality as a percentage of under 5's mortality is 32. The aim of this report is to highlight ways in which the Millennium Development Goals can be achieved, particularly Goal 4 – Reduce child mortality and Goal 5 – improve maternal death. In Togo the number of midwives per 1,000 live births is 2 and 1 in 67 shows us the lifetime risk of death for pregnant women.

Economy

Togo's small sub-Saharan economy is heavily dependent on both commercial and subsistence agriculture, which provides employment for 65% of the labor force. Cotton, coffee and cocoa together generate about 40% of export earnings. Togo is self-sufficient in basic food goods when harvests are normal, with occasional regional supply difficulties. In the industrial sector, phosphate mining is no longer the most important activity, as cement and clinker export to neighbouring countries have taken over. It has suffered from the collapse of world phosphate prices, increased foreign competition and financial problems. Togo's gross national income (GNI) per capita is US$380 (World Bank, 2005).

Togo serves as a regional commercial and trade centre. The government's decade-long effort, supported by the World Bank and the International Monetary Fund (IMF), to implement economic reform measures, encourage foreign investment, and bring revenues in line with expenditures, has stalled. Political unrest, including private and public sector strikes throughout 1992 and 1993, jeopardized the reform program, shrank the tax base, and disrupted vital economic activity. The 12 January 1994 devaluation of the currency by 50% provided an important impetus to renewed structural adjustment; these efforts were facilitated by the end of strife in 1994 and a return to overt political calm. Progress depends on increased openness in government financial operations (to accommodate increased social service outlays) and possible downsizing of the armed forces, on which the regime has depended to stay in place. Lack of aid, along with depressed cocoa prices, generated a 1% fall in GDP in 1998, with growth resuming in 1999. Assuming no deterioration of the political atmosphere, growth is expected to rise.

Togo is a member of the Organization for the Harmonization of Business Law in Africa (OHADA).

Tonga

AUSTRALASIA & OCEANIA

Tonga is an archipelago of 170 islands in the South Pacific. Only 45 of these islands are inhabited. The king's powers have been challenged: democratic reforms are promised for 2010.

OFFICIAL NAME: Kingdom of Tonga
DATE OF FORMATION: 1970
CAPITAL: Nuku'alofa
POPULATION: 104,000
TOTAL AREA: 289 sq. miles (748 sq. km)
DENSITY: 374 people per sq. mile
LANGUAGES: English*, Tongan*
RELIGIONS: Free Wesleyan 41%, other 29%, Roman Catholic 16%, Church of Jesus Christ of Latter-Day Saints 14%
ETHNIC MIX: Tongan 98%, other 2%
GOVERNMENT: Monarchy
CURRENCY: Pa'anga (Tongan dollar) = 100 seniti

Geography

Located in Oceania, Tonga is an archipelago in the South Pacific Ocean, directly south of Western Samoa and about two-thirds of the way from Hawaii to New Zealand. Its 176 islands, 36 of them inhabited, are divided into three main groups – Vava'u, Ha'apai, and Tongatapu – and cover an 800-kilometre (500-mile)-long north-south line. The largest island, Tongatapu, on which the capital city of Nukuʻalofa is located, covers 257 square kilometres (99 sq mi). Geologically the Tongan islands are of two types: most have a limestone base formed from uplifted coral formations; others consist of limestone overlaying a volcanic base.

Though administratively divided into the three main island groups of Tongatapu, Ha'apai, and Vava'u (excluding the outlying islands), the Tonga archipelago is actually made of two geologically different parallel chains of islands.

The western islands, such as 'Ata, Fonuafo'ou, Tofua, Kao, Lata'iki, Late, Fonualei, Toku, Niuatoputapu, and Tafahi, make up the Tongan Volcanic Arch and are all of volcanic origin. They were created from the subduction of the western-moving Pacific plate under the Australia-India plate at the Tonga Trench. The Tongan Islands sit on the Australia-India plate just west of the Tonga Trench. These volcanoes are formed when materials in the descending Pacific plate heat and rise to the surface. There is only limited coral reef development on these islands, except for Niuatoputapu, which has inhibited human settlement.

The eastern islands are nonvolcanic and sit above the mostly submerged Tonga ridge that runs parallel to the Tongan Volcanic Arch and the Tongan Trench. Of these islands, only 'Eua has risen high enough to expose its underlying Eocene volcanic bedrock, the rest are either low coral limestone islands (Tongatapu, Vava'u, Lifuka) or sand cay islands ('Uoleva, 'Uiha). These islands are surrounded by "a protective and resource-rich labyrinth of fringing, apron and off-shore barrier reefs" that have supported most of the human settlement in Tonga ever since the first Lapita People arrived approximately circa 900 BCE.

The Tongan Volcanic Arc has been important in supplying the islands on the Tonga ridge with an andesite tephra soil that has resulted in "an extremely rich soil capable of supporting a high-yield, short-fallow agricultural system." Also, the andesite/basalt from the volcanoes were initially used as "hammerstones, weaving weights, cooking stones, and decorative pebbles for grave decoration." Tafahi island in the far north provided volcanic glass to initial human settlers.

Climate

The climate is basically subtropical with a distinct warm period (December-April), during which the temperatures rise above 32 °C (89.6 °F), and a cooler period (May-November), with temperatures rarely rising above
27 °C (80.6 °F). The temperature increases from 23 to 27 °C (73.4 to 80.6 °F), and the annual rainfall is from 1,700 to 2,970 millimetres (66.9 to 116.9 inches) as one moves from Tongatapu in the south to the more northerly islands closer to the Equator. The average wettest period is around March with on average 263 mm (10.4 in). The average daily humidity is 80%.

People & Society

Tonga is the last remaining Polynesian monarchy. All land belongs to the crown, but is administered by nobles who allot it to the common people. Respect for traditional values is high, though younger, Westernized Tongans are starting to question some attitudes. The first elected commoner became prime minister in 2006.

Over 70% of the 101,991 inhabitants of the Kingdom of Tonga live on its main island, Tongatapu. Although an increasing number of Tongans have moved into the only urban and commercial centre, Nukuʻalofa, where European and indigenous cultural and living patterns have blended, village life and kinship ties continue to be important throughout the country.

According to the government portal, Tongans, Polynesian by ethnicity with a very small mixture of Melanesian, represent more than 98% of the inhabitants. 1.5% are mixed Tongans and the rest are European (the majority are British), mixed European, and other Pacific Islanders. According to a New Zealand paper in 2001 there were approximately 3,000 or 4,000 Chinese in Tonga, thus comprising 3 or 4% of the total Tongan population. In 2006, Nukuʻalofa riots mainly targeted Chinese-owned businesses, leading to the emigration of several hundred Chinese. so that only about 300 remain.

Primary education between ages 6 and 14 is compulsory and free in state schools. Mission schools provide about 8% of the primary and 90% of the secondary level of education. State schools make up for the rest. Higher education includes teacher training, nursing and medical training, a small private university, a woman's business college, and a number of private agricultural schools. Most higher education is pursued overseas.

The Tongan language is the official language of the islands, along with English. Tongan is a Polynesian language which is closely related to Wallisian (Uvean), Niuean, Hawaiian, and Samoan.

Ninety percent of the nation's population are considered overweight, with more than 60% of those obese. 70% of Tongan women aged 15–85 are obese. Tonga and nearby Nauru have the world's highest overweight and obese populations

Economy

Tonga's economy is characterized by a large non-monetary sector and a heavy dependence on remittances from the half of the country's population which lives abroad (chiefly in Australia, New Zealand, and the United States). The royal family and the nobles dominate and largely own the monetary sector of the economy - particularly the telecommunications and satellite services. Tonga was named the sixth most corrupt country in the world by Forbes magazine in 2008. Much of small business, particularly retail establishments on Tongatapu, is now dominated by recent Chinese immigrants who arrived under a cash-for-passports scheme that ended in 1998.

Tonga was ranked the 165th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.

The manufacturing sector consists of handicrafts and a few other very small scale industries, all of which contribute only about 3% of GDP. Commercial business activities also are inconspicuous and, to a large extent, are dominated by the same large trading companies found throughout the South Pacific. In September 1974, the country's first commercial trading bank, the Bank of Tonga, opened. There are no patent laws in Tonga.

Rural Tongans rely on plantation and subsistence agriculture. Coconuts, vanilla beans, bananas, coffee beans and root crops such as yams, taro and cassava, are the major cash crops. The processing of coconuts into copra and desiccated (dried) coconut was once the only significant industry but deteriorating prices on the world market has brought this once vibrant industry, as everywhere throughout the island nations of the south Pacific, to a complete standstill. In addition, the feudal land ownership system meant that farmers had no incentive to invest in planting long-term tree crops on land they did not own. Pigs and poultry are the major types of livestock. Horses are kept for draft purposes, primarily by farmers working their 'api 'uta (a plot of bushland). More cattle are being raised, and beef imports are declining. The export of squash to Japan once brought relief to a struggling economy but recently local farmers are increasingly wary of this market due to price fluctuations, not to mention the huge financial risks involved.

Tonga's development plans emphasize a growing private sector, upgrading agricultural productivity, revitalizing the squash and vanilla bean industries, developing tourism, and improving the island's communications and transportation systems. Substantial progress has been made, but much work remains to be done. A small but growing construction sector is developing in response to the inflow of aid monies and remittances from Tongans abroad. In recognition of such a crucial contribution the present Tongan government has created a new department within the Prime Minister's Office with the sole purpose of catering for the needs of Tongans living abroad. Furthermore, in 2007 the Tongan Parliament amended citizenship laws to allow Tongans to hold dual citizenship.

Efforts are being made to discover ways to diversify the economy. One hope is seen in fisheries; tests have shown that sufficient skipjack tuna pass through Tongan waters to support a fishing industry. Another potential development activity is exploitation of forests, which cover 35% of the kingdom's land area but are decreasing as land is cleared. Coconut trees past their prime bearing years also provide a potential source of timber.

The tourist industry is relatively undeveloped; however, the government recognizes that tourism can play a major role in economic development, and efforts are being made to increase this source of revenue. Cruise ships often stop in Vavaʻu.

Vava'u has a reputation for its whale watching, game fishing, surfing, beaches and is increasingly becoming a major player in the South Pacific tourism market.

Tonga's postage stamps, which feature colorful and often unusual designs (including heart-shaped and banana-shaped stamps) are popular with philatelists around the world.

In 2005 the country became eligible to become a member of the World Trade Organization. After an initial voluntary delay, Tonga became a full member of the WTO on July 27, 2007.

The Tonga Chamber of Commerce and Industry (TCCI), incorporated in 1996, endeavours to represent the interests of its members, private sector businesses, and to promote economic growth in the Kingdom.

Trinidad & Tobago

NORTH & CENTRAL AMERICA

The two islands of the former UK colony of Trinidad and Tobago are the most southerly of the Caribbean Windward Islands, lying just 9 miles (15 km) off the coast of Venezuela.

OFFICIAL NAME: Republic of Trinidad and Tobago
DATE OF FORMATION: 1962
CAPITAL: Port-of-Spain
POPULATION: 1.31 million
TOTAL AREA: 1980 sq. miles (5128 sq. km)
DENSITY: 676 people per sq. mile
LANGUAGES: English Creole, English*, Hindi, French, Spanish
RELIGIONS: Catholic 32%, Hindu 24%, Protestant 28%, other 9%, Muslim 7%
ETHNIC MIX: East Indian 40%, Black 40%, Mixed race 18%, White, Chinese 1%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Trin. & Tob. dollar = 100 cents

Geography

Trinidad and Tobago are southeasterly islands of the Antilles, situated between 10° 2' and 11° 12' N latitude and 60° 30' and 61° 56' W longitude. At the closest point, Trinidad is just 11 kilometres (6.8 mi) off the Venezuelan coast. Covering an area of 5,128 km^2 (1,980 sq mi), the country consists of the two main islands, Trinidad and Tobago, and numerous smaller landforms – including Chacachacare, Monos, Huevos, Gaspar Grande (or Gasparee), Little Tobago, and St. Giles Island. Trinidad is 4,768 km^2 (1,841 sq mi) in area (comprising 93.0% of the country's total area) with an average length of 80 km (50 mi) and an average width of 59 kilometres (37 mi).

Tobago has an area of about 300 km^2 (120 sq mi), or 5.8% of the country's area, is 41 km (25 mi) long and 12 km (7.5 mi) at its greatest width. Trinidad and Tobago lie on the continental shelf of South America, and is thus geologically considered to lie entirely in South America. However, the Caribbean islands are generally considered to be part of North America, and as the language and cultural links of Trinidad and Tobago are not to South America, but to the rest of the English-speaking Caribbean nations, the nation is often treated as part of North America.

The terrain of the islands is a mixture of mountains and plains. The highest point in the country is found on the Northern Range at El Cerro del Aripo, which is 940 metres (3,080 ft) above sea level. The climate is tropical. There are two seasons annually: the dry season for the first six months of the year, and the wet season in the second half of the year. Winds are predominantly from the northeast and are dominated by the northeast trade winds. Unlike most of the other Caribbean islands, both Trinidad and Tobago have frequently escaped the wrath of major devastating hurricanes, including Hurricane Ivan, the most powerful storm to pass close to the islands in recent history, in September 2004.

As the majority of the population live in Trinidad, this is the location of most major towns and cities. There are three major municipalities in Trinidad: Port of Spain, the capital, San Fernando, and Chaguanas. The main town in Tobago is Scarborough. Trinidad is made up of a variety of soil types, the majority being fine sands and heavy clays. The alluvial valleys of the Northern Range and the soils of the East-West Corridor are the most fertile.

The Northern Range consists mainly of Upper Jurassic and Cretaceous metamorphic rocks. The Northern Lowlands (East-West Corridor and Caroni Plains) consist of younger shallow marine clastic sediments. South of this, the Central Range fold and thrust belt consists of Cretaceous and Eocene sedimentary rocks, with Miocene formations along the southern and eastern flanks. The Naparima Plains and the Nariva Swamp form the southern shoulder of this uplift.

The Southern Lowlands consist of Miocene and Pliocene sands, clays, and gravels. These overlie oil and natural gas deposits, especially north of the Los Bajos Fault. The Southern Range forms the third anticlinal uplift. It consists of several chains of hills, most famous being the Trinity Hills. The rocks consist of sandstones, shales and siltstones and clays formed in the Miocene and uplifted in the Pleistocene. Oil sands and mud volcanoes are especially common in this area.

Although it is located just offshore from South America, Trinidad and Tobago is generally included as part of the West Indies by virtue of its geographical and historical heritage in the Caribbean.

Record temperatures for Trindad and Tobago are 38°C (100.4°F) for the high in Port of Spain and 9°C (48.2°F) in Diego Martin for the low.

Climate

Trinidad and Tobago, well within the tropics, both enjoy a generally pleasant maritime tropical climate influenced by the northeast trade winds. In Trinidad the annual mean temperature is 26 °C (78.8 °F), and the average maximum temperature is 34 °C (93.2 °F). The humidity is high, particularly during the rainy season, when it averages 85 to 87%. The island receives an average of 2,110 millimeters (83.1 in) of rainfall per year, usually concentrated in the months of June through December, when brief, intense showers frequently occur. Precipitation is highest in the Northern Range, which may receive as much as 3,810 millimeters (150 in). During the dry season, drought plagues the island's central interior. Tobago's climate is similar to Trinidad's but slightly cooler. Its rainy season extends from June to December; the annual rainfall is 2,500 millimeters (98.4 in). The islands lie outside the hurricane belt; despite this, Hurricane Flora damaged Tobago in 1963, and Tropical Storm Alma hit Trinidad in 1974, causing damage before obtaining full strength.

People & Society

Trinidad's East Indian community is the Caribbean's largest and holds onto its Muslim and Hindu heritage. There are tensions with the mainly Christian blacks; political parties are divided along race lines. Blacks form the majority on Tobago. High rates of kidnapping and murder are an issue.

Many different religions are present in Trinidad and Tobago: Among Christian denominations (65.7%) are Roman Catholics, Anglicans, Seventh-day Adventists, Presbyterians, Methodists, Jehovah's Witnesses and other Evangelical groups. Other religious groups include Hindus (25.6%) and Muslims (6.6%) (2000 census).

Two African syncretic faiths, the Shouter or Spiritual Baptists and the Orisha faith (formerly called Shangos, a less than complimentary term) are among the fastest growing religious groups.

Similarly, there is a noticeable increase in numbers of a number of evangelical and fundamentalist churches usually lumped as "Pentecostal" by most Trinidadians (although this designation is often inaccurate).

A small Judaic community exists, as well as several other Eastern religions such as Buddhism and Taoism are followed by the Chinese community. There is also a small Baha'i community.

Economy

Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands. Agricultural products include citrus, cocoa, and other products. According to the World Bank, Trinidad and Tobago ranks 69th in the top high-income economies of the world.

Recent growth has been fueled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning. Trinidad and Tobago is the leading Caribbean producer of oil and gas, and its economy is heavily dependent upon these resources but it also supplies manufactured goods, notably food and beverages, as well as cement to the Caribbean region.

Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment. The country is also a regional financial centre, and the economy has a growing trade surplus. The expansion of Atlantic LNG over the past six years created the largest single-sustained phase of economic growth in Trinidad and Tobago. It has become the leading exporter of LNG to the United States, and now supplies some 70% of U.S. LNG imports.

Trinidad and Tobago has transitioned from an oil-based economy to a natural gas based economy. In 2007, natural gas production averaged Template:Convert/e9cuft/d, compared with Template:Convert/e6cuft/d in 2005. In December 2005, the Atlantic LNG fourth production module or "train" for liquefied natural gas (LNG) began production. Train 4 has increased Atlantic LNG's overall output capacity by almost 50% and is the largest LNG train in the world at 5.2 million tons/year of LNG.

Trinidad and Tobago's infrastructure is good by regional standards. The international airport in Trinidad was expanded in 2001. There is an extensive network of paved roads with several good four and six lane highways including one controlled access expressway. The Ministry of Works estimates that an average Trinidadian spends about 4 hours in traffic per day. Emergency services are reliable, but may suffer delays in rural districts. Private hospitals are available and reliable. Utilities are fairly reliable in the cities. Some areas, however, especially rural districts, still suffer from water shortages.

Telephone service is relatively modern and reliable. Cellular service is widespread and has been the major area of growth for several years. Telecommunications Services of Trinidad and Tobago Limited (generally known as TSTT) is the largest telephone and Internet service provider in Trinidad and Tobago. The company, which is jointly owned by the Government of Trinidad and Tobago and Cable & Wireless, was formed out of a merger of Telco (Trinidad and Tobago Telephone Company Limited) and Textel (Trinidad and Tobago External Telecommunications Company Limited). TSTT no longer holds a monopoly in fixed-line telephone services due to Flow introducing a fixed-line service of their own, and their cellular monopoly was broken in June 2005 when licences were granted to Digicel and Laqtel. Laqtel however never started business.

Tunisia

AFRICA

Tunisia has traditionally been one of the more liberal Arab states, moving toward a multiparty democracy, but its government is now facing a challenge from Islamic fundamentalists.

OFFICIAL NAME: Republic of Tunisia
DATE OF FORMATION: 1956
CAPITAL: Tunis
POPULATION: 10.4 million
TOTAL AREA: 63,169 sq. miles (163,610 sq. km)
DENSITY: 171 people per sq. mile
LANGUAGES: Arabic*, French
RELIGIONS: Muslim (mainly Sunni) 98%, Christian 1%, Jewish 1%
ETHNIC MIX: Arab and Berber 98%, Jewish 1%, European 1%
GOVERNMENT: Presidential system
CURRENCY: Tunisian dinar = 1000 millimes

Geography

Tunisia is situated on the Mediterranean coast of North Africa, midway between the Atlantic Ocean and the Nile Delta. It is bordered by Algeria on the west and Libya on the south east. It lies between latitudes 30° and 38°N, and longitudes 7° and 12°E. An abrupt southward turn of the Mediterranean coast in northern Tunisia gives the country two distinctive Mediterranean coasts, west-east in the north, and north-south in the east.

Though it is relatively small in size, Tunisia has great environmental diversity due to its north-south extent. Its east-west extent is limited. Differences in Tunisia, like the rest of the Maghreb, are largely north-south environmental differences defined by sharply decreasing rainfall southward from any point. The Dorsal, the eastern extension of the Atlas Mountains, runs across Tunisia in a northeasterly direction from the Algerian border in the west to the Cape Bon peninsula in the east. North of the Dorsal is the Tell, a region characterized by low, rolling hills and plains, again an extension of mountains to the west in Algeria. In the Khroumerie, the northwestern corner of the Tunisian Tell, elevations reach 1,050 metres (3,440 ft) and snow occurs in winter.

The Sahel, a broadening coastal plain along Tunisia's eastern Mediterranean coast, is among the world's premier areas of olive cultivation. Inland from the Sahel, between the Dorsal and a range of hills south of Gafsa, are the Steppes. Much of the southern region is semi-arid and desert.

Tunisia has a coastline 1,148 kilometres (713 mi) long. In maritime terms, the country claims a contiguous zone of 24 nautical miles (44.4 km; 27.6 mi), and a territorial sea of 12 nautical miles (22.2 km; 13.8 mi).

Climate

Tunisia's climate is temperate in the north, with mild rainy winters and hot, dry summers. The south of the country is desert. The terrain in the north is mountainous, which, moving south, gives way to a hot, dry central plain. The south is semiarid, and merges into the Sahara. A series of salt lakes, known as chotts or shatts, lie in an east-west line at the northern edge of the Sahara, extending from the Gulf of Gabes into Algeria. The lowest point is Shatt al Gharsah, at 17 metres (56 ft) below sea level and the highest is Jebel ech Chambi, at 1,544 metres (5,066 ft).

People & Society

The population is almost entirely of Arab-Berber descent, with Jewish and Christian minorities. Many still live in extended family groups, in which three or four generations are represented. Women have better rights than in most other Arab countries and make up over 30% of the workforce. Parliamentary and municipal quotas aim to increase their representation in politics. A low birth rate is a result of a long-standing family planning policy.

Education is given a high priority and accounts for 6% of GNP. A basic education for children between the ages of 6 and 16 has been compulsory since 1991. Tunisia ranked 17th in the category of "quality of the [higher] educational system" and 21st in the category of "quality of primary education" in The Global Competitiveness Report 2008-9, released by The World Economic Forum.

Economy

Tunisia has a diverse economy, ranging from agriculture, mining, manufacturing, and petroleum products, to tourism. In 2008 it had a GDP of US $41 billion (official exchange rates), or $82 billion (purchasing power parity). It also has one of Africa and the Middle East's highest per-capita GDPs (PPP). The agricultural sector stands for 11.6% of the GDP, industry 25.7%, and services 62.8%. The industrial sector is mainly made up of clothing and footwear manufacturing, production of car parts, and electric machinery. Although Tunisia managed an average 5% growth over the last decade it continues to suffer from a high unemployment especially among youth.

Tunisia was in 2009 ranked the most competitive economy in Africa and the 40th in the world by the World Economic Forum. Tunisia has managed to attract many international companies such as Airbus and Hewlett-Packard.

Tourism accounted for 7% of GDP and 370,000 jobs in 2009.

The European Union remains Tunisia's first trading partner, currently accounting for 72.5% of Tunisian imports and 75% of Tunisian exports. Tunisia is a one of the European Union's most established trading partners in the Mediterranean region and ranks as the EU's 30th largest trading partner. Tunisia was the first Mediterranean country to sign an Association Agreement with the European Union, in July 1995, although even before the date of entry came into force, Tunisia started dismantling tariffs on bilateral EU trade. Tunisia finalised the tariffs dismantling for industrial products in 2008 and therefore was the first Mediterranean country to enter in a free trade area with EU.

Turkey

EUROPE / ASIA

Lying partly in the region of eastern Thrace in Europe, but mostly in Asia, Turkey's position gives it significant influence in the Mediterranean, the Black Sea, and the Middle East.

OFFICIAL NAME: Republic of Turkey
DATE OF FORMATION: 1923
CAPITAL: Ankara
POPULATION: 73.7 million
TOTAL AREA: 301,382 sq. miles (780,580 sq. km)
DENSITY: 252 people per sq. mile
LANGUAGES: Turkish*, Kurdish, Arabic, Circassian, Armenian, Greek, other
RELIGIONS: Muslim (mainly Sunni) 99%, other 1%
ETHNIC MIX: Turkish 70%, Kurdish 20%, other 8%, Arab 2%
GOVERNMENT: Parliamentary system
CURRENCY: New Turkish lira = 100 kurus

Geography

Turkey is a transcontinental Eurasian country. Asian Turkey (made up largely of Anatolia), which includes 97% of the country, is separated from European Turkey by the Bosphorus, the Sea of Marmara, and the Dardanelles (which together form a water link between the Black Sea and the Mediterranean). European Turkey (eastern Thrace or Rumelia in the Balkan peninsula) comprises 3% of the country.

The territory of Turkey is more than 1,600 kilometres (1,000 mi) long and 800 km (500 mi) wide, with a roughly rectangular shape. It lies between latitudes 35° and 43° N, and longitudes 25° and 45° E. Turkey's area, including lakes, occupies 783,562 square kilometres (300,948 sq mi), of which 755,688 square kilometres (291,773 sq mi) are in Southwest Asia and 23,764 square kilometres (9,174 sq mi) in Europe. Turkey is the world's 37th-largest country in terms of area. The country is encircled by seas on three sides: the Aegean Sea to the west, the Black Sea to the north and the Mediterranean to the south. Turkey also contains the Sea of Marmara in the northwest.

The European section of Turkey, East Thrace, forms the borders of Turkey with Greece and Bulgaria. The Asian part of the country, Anatolia, consists of a high central plateau with narrow coastal plains, between the Köroğlu and Pontic mountain ranges to the north and the Taurus Mountains to the south. Eastern Turkey has a more mountainous landscape and is home to the sources of rivers such as the Euphrates, Tigris and Aras, and contains Lake Van and Mount Ararat, Turkey's highest point at 5,165 metres (16,946 ft). Lake Tuz, Turkey's third-largest lake, is a macroscopically visible feature in the middle of the country.

Turkey is divided into seven census regions: Marmara, Aegean, Black Sea, Central Anatolia, Eastern Anatolia, Southeastern Anatolia and the Mediterranean. The uneven north Anatolian terrain running along the Black Sea resembles a long, narrow belt. This region comprises approximately one-sixth of Turkey's total land area. As a general trend, the inland Anatolian plateau becomes increasingly rugged as it progresses eastward.

Turkey's varied landscapes are the product of complex earth movements that have shaped the region over thousands of years and still manifest themselves in fairly frequent earthquakes and occasional volcanic eruptions. The Bosporus and the Dardanelles owe their existence to the fault lines running through Turkey that led to the creation of the Black Sea. There is an earthquake fault line across the north of the country from west to east, which caused a major earthquake in 1999.

Climate

The coastal areas of Turkey bordering the Aegean Sea and the Mediterranean Sea have a temperate Mediterranean climate, with hot, dry summers and mild to cool, wet winters. The coastal areas of Turkey bordering the Black Sea have a temperate Oceanic climate with warm, wet summers and cool to cold, wet winters. The Turkish Black Sea coast receives the greatest amount of precipitation and is the only region of Turkey that receives high precipitation throughout the year. The eastern part of that coast averages 2,500 millimeters annually which is the highest precipitation in the country.

The coastal areas of Turkey bordering the Sea of Marmara (including Istanbul), which connects the Aegean Sea and the Black Sea, have a transitional climate between a temperate Mediterranean climate and a temperate Oceanic climate with warm to hot, moderately dry summers and cool to cold, wet winters. Snow does occur on the coastal areas of the Sea of Marmara and the Black Sea almost every winter, but it usually lies no more than a few days. Snow on the other hand is rare in the coastal areas of the Aegean Sea and very rare in the coastal areas of the Mediterranean Sea.

Conditions can be much harsher in the more arid interior. Mountains close to the coast prevent Mediterranean influences from extending inland, giving the central Anatolian plateau of the interior of Turkey a continental climate with sharply contrasting seasons.

Winters on the plateau are especially severe. Temperatures of −30 °C to −40 °C (−22 °F to −40 °F) can occur in eastern Anatolia, and snow may lie on the ground at least 120 days of the year. In the west, winter temperatures average below 1 °C (34 °F). Summers are hot and dry, with temperatures generally above 30 °C (86 °F) in the day. Annual precipitation averages about 400 millimetres (15 in), with actual amounts determined by elevation. The driest regions are the Konya plain and the Malatya plain, where annual rainfall frequently is less than 300 millimetres (12 in). May is generally the wettest month, whereas July and August are the driest

People & Society

Despite racial diversity, Turkey has a strong sense of national identity, and close links with other Turkic states. Kurds, the largest minority, based in the southeast, have waged a violent campaign for greater autonomy intermittently since 1984. Islamist parties are challenging Turkey's cherished identity as a secular state. It has applied to join the EU, though progress will be slow.

The last official census was in 2000 and recorded a total country population of 67,803,927 inhabitants According to the Address-Based Birth Recording System of Turkey, the country's population was 73.7 million people in 2010, nearly three-quarters of whom lived in towns and cities. According to the 2009 estimate, the population is increasing by 1.5% each year. Turkey has an average population density of 92 people per km². People within the 15–64 age group constitute 67% of the total population; the 0–14 age group corresponds to 26%; while senior citizens aged 65 years or older make up 7%. In 1927, when the first official census was recorded in the Republic of Turkey, the population was 13.6 million.

Life expectancy stands at 71.1 years for men and 75.3 years for women, with an overall average of 73.2 years for the populace as a whole. Education is compulsory and free from ages 6 to 15. The literacy rate is 96% for men and 80.4% for women, with an overall average of 88.1%. The low figures for women are mainly due to the traditional customs of the Arabs and Kurds who live in the southeastern provinces of the country.

Economy

Turkey has the world's 15th largest GDP-PPP and 17th largest Nominal GDP. The country is a founding member of the OECD and the G-20 major economies. During the first six decades of the republic, between 1923 and 1983, Turkey has mostly adhered to a quasi-statist approach with strict government planning of the budget and government-imposed limitations over private sector participation, foreign trade, flow of foreign currency, and foreign direct investment. However in 1983 Prime Minister Turgut Özal initiated a series of reforms designed to shift the economy from a statist, insulated system to a more private-sector, market-based model.

The reforms spurred rapid growth, but this growth was punctuated by sharp recessions and financial crises in 1994, 1999 (following the earthquake of that year), and 2001, resulting in an average of 4% GDP growth per annum between 1981 and 2003. Lack of additional fiscal reforms, combined with large and growing public sector deficits and widespread corruption, resulted in high inflation, a weak banking sector and increased macroeconomic volatility. Since the economic crisis of 2001 and the reforms initiated by the finance minister of the time, Kemal Derviş, inflation has fallen to single-digit numbers, investor confidence and foreign investment have soared, and unemployment has fallen. The International Monetary Fund forecasts a 6% inflation rate for Turkey in 2008.

Turkey has gradually opened up its markets through economic reforms by reducing government controls on foreign trade and investment and the privatisation of publicly owned industries, and the liberalisation of many sectors to private and foreign participation has continued amid political debate. The public debt to GDP ratio, while well below its levels during the recession of 2001, reached 46% in 2010 Q3. The GDP growth rate from 2002 to 2007 averaged 7%, which made Turkey one of the fastest growing economies in the world during that period. However, growth slowed to 1% in 2008, and in 2009 the Turkish economy was affected by the global financial crisis, with a recession of 5%. The economy was estimated to have returned to 8% growth in 2010.

In the early years of this century the chronically high inflation was brought under control and this led to the launch of a new currency, the Turkish new lira, on January 1, 2005, to cement the acquisition of the economic reforms and erase the vestiges of an unstable economy. On January 1, 2009, the new Turkish lira was renamed once again as the Turkish lira, with the introduction of new banknotes and coins. As a result of continuing economic reforms, inflation dropped to 8% in 2005, and the unemployment rate to 10%.

Tourism in Turkey has experienced rapid growth in the last twenty years, and constitutes an important part of the economy. In 2008 there were 31 million visitors to the country, who contributed $22 billion to Turkey's revenues. Other key sectors of the Turkish economy are banking, construction, home appliances, electronics, textiles, oil refining, petrochemical products, food, mining, iron and steel, machine industry and automotive. Turkey has a large and growing automotive industry, which produced 1,147,110 motor vehicles in 2008, ranking as the 6th largest producer in Europe (behind the United Kingdom and above Italy) and the 15th largest producer in the world. Turkey is also one of the leading shipbuilding nations; in 2007 the country ranked 4th in the world (behind China, South Korea and Japan) in terms of the number of ordered ships, and also 4th in the world (behind Italy, USA and Canada) in terms of the number of ordered mega yachts.

Turkey's economy is becoming more dependent on industry in major cities, mostly concentrated in the western provinces of the country, and less on agriculture. However, traditional agriculture is still a major pillar of the Turkish economy. In 2010, the agricultural sector accounted for 9% of GDP, while the industrial sector accounted for 26% and the services sector 65%. However, agriculture still accounted for 27% of employment. In 2004, it was estimated that 46% of total disposable income was received by the top of 20% income earners, while the lowest 20% received 6%. According to Eurostat data, Turkish PPS GDP per capita stood at 45 per cent of the EU average in 2008.

Turkey has taken advantage of the European Union – Turkey Customs Union, signed in 1995, to increase its industrial production destined for exports, while at the same time benefiting from EU-origin foreign investment into the country. Turkey now has also opportunity of a free trade agreement with the European Union (EU) – without full membership – that allows it to manufacture for tarif-free sale throughout the EU market.

By 2009 exports were $110 bn and in 2010 it was $117 bn (main export partners in 2009: Germany 10%, France 6%, UK 6%, Italy 6%, Iraq 5%). However larger imports, which amounted to $166 billion in 2010, threatened the balance of trade (main import partners in 2009: Russia 14%, Germany 10%, China 9%, US 6%, Italy 5%, France 5%).

After years of low levels of foreign direct investment (FDI), Turkey succeeded in attracting $22 billion in FDI in 2007 and is expected to attract a higher figure in following years. A series of large privatizations, the stability fostered by the start of Turkey's EU accession negotiations, strong and stable growth, and structural changes in the banking, retail, and telecommunications sectors have all contributed to a rise in foreign investment.

Turkmenistan

ASIA

Stretching from the Caspian Sea into the central Asian desert, Turkmenistan has had less upheaval than most ex-Soviet states, but President Niyazov was a dictator.

OFFICIAL NAME: Turkmenistan
DATE OF FORMATION: 1991
CAPITAL: Asgabat
POPULATION: 5.11 million
TOTAL AREA: 188,455 sq. miles (488,100 sq. km)
DENSITY: 27 people per sq. mile
LANGUAGES: Turkmen*, Uzbek, Russian, Kazakh, Tatar, other
RELIGIONS: Sunni Muslim 87%, Orthodox Christian 11%, other 2%
ETHNIC MIX: Turkmen 77%, Uzbek 9%, Russian 7%, other 5%, Kazakh 2%
GOVERNMENT: One-party state
CURRENCY: Manat = 100 tenge

Geography

At 488,100 km^2 (188,500 sq mi), Turkmenistan is the world's 52nd-largest country. It is slightly smaller than Spain and somewhat larger than the US state of California. It lies between latitudes 35° and 43° N, and longitudes 52° and 67° E.

Over 80% of the country is covered by the Karakum Desert. The center of the country is dominated by the Turan Depression and the Karakum Desert. The Kopet Dag Range, along the southwestern border, reaches 2,912 meters (9,553 ft) at Kuh-e Rizeh (Mount Rizeh).

The Great Balkhan Range in the west of the country (Balkan Province) and the Köýtendag Range on the southeastern border with Uzbekistan (Lebap Province) are the only other significant elevations. The Great Balkhan Range rises to 1,880 metres (6,170 ft) at Mount Arlan and the highest summit in Turkmenistan is Ayrybaba in the Kugitangtau Range – 3,137 metres (10,292 ft). Rivers include the Amu Darya, the Murghab, and the Tejen.

The climate is mostly arid subtropical desert, with little rainfall. Winters are mild and dry, with most precipitation falling between January and May. The area of the country with the heaviest precipitation is the Kopet Dag Range.

The Turkmen shore along the Caspian Sea is 1,768 kilometres (1,099 mi) long. The Caspian Sea is entirely landlocked, with no access to the ocean.

The major cities include Aşgabat, Türkmenbaşy (formerly Krasnovodsk) and Daşoguz.

Climate

It is one of the driest deserts in the world, some places have an average annual precipitation of only 12 mm (0.47 in). The highest temperature recorded in Ashgabat is 48.0 °C (118.4 °F) and Kerki, an extreme inland city located on the banks of the Amu Darya river, recorded 51.7 °C (125.1 °F) in July 1983, although this value is unofficial. 50.1C is the highest temperature recorded at Repetek Reserve, recognized as the highest temperature ever recorded in the whole former Soviet Union.

People & Society

Before Russia annexed the area in 1884, the Turkmen were a largely nomadic tribal people. Today, the tribal unit remains strong, with population clustered around desert oases. Relations with Uzbek and Russian minorities have become tense in recent years due to the "Turkmenization" of government, education, and religion. Political reform since Niyazov's sudden death in 2006 is slowly dismantling the old regime.

Economy

The country possesses the world's fourth-largest reserves of natural gas and substantial oil resources. In 1994, the Russian government's refusal to export Turkmen gas to hard currency markets, and mounting debts of its major customers, in the former Soviet Union, for gas deliveries, contributed to a sharp fall in industrial production, and caused the budget to shift, from a surplus to a slight deficit. Half of the country's irrigated land is planted with cotton, making the country the world's tenth-largest producer of it.

Turkmenistan has taken a cautious approach to economic reform, hoping to use gas and cotton sales to sustain its economy. In 2004, the unemployment rate was estimated to be 60%; Privatization goals remain limited.

Between 1998 and 2002, Turkmenistan suffered from the continued lack of adequate export routes for natural gas and from obligations on extensive short-term external debt. At the same time, however, the value of total exports has risen sharply because of increases in international oil and gas prices. Economic prospects in the near future are discouraging because of widespread internal poverty and the burden of foreign debt.

President Niyazov spent much of the country's revenue on extensively renovating cities, Ashgabat in particular. Corruption watchdogs voiced particular concern over the management of Turkmenistan's currency reserves, most of which are held in off-budget funds such as the Foreign Exchange Reserve Fund in the Deutsche Bank in Frankfurt, according to a report released in April 2006 by London-based non-governmental organization Global Witness.

According to the decree of the Peoples' Council of 14 August 2003, electricity, natural gas, water and salt will be subsidized for citizens up to 2030; however, shortages are frequent. In addition car drivers are entitled to 120 litres of free petrol a month. Drivers of buses, lorries and tractors can get 200 litres of fuel and motorcyclists and scooter riders 40 litres free. On 5 September 2006, after Turkmenistan threatened to cut off supplies, Russia agreed to raise the price it pays for Turkmen natural gas from $65 to $100 per 1,000 cubic meters. Two-thirds of Turkmen gas goes through the Russian state-owned Gazprom.

The latest study in May 2011 stated that the South lolotan gas field is now easily as the world's second-largest gas field in terms of gas-in-place. The estimated reserves at South lolotan was about 21 trillion cubic metres. The Turkmenistan Natural Gas Company (Türkmengaz), under the auspices of the Ministry of Oil and Gas, controls gas extraction in the country. Gas production is the most dynamic and promising sector of the national economy. In 2010 Ashgabat started a policy of diversifying export routes for its raw materials. China is set to become the largest buyer of gas from Turkmenistan over the coming years as a pipeline linking the two countries, through Uzbekistan and Kazakhstan, reaches full capacity. In addition to supplying Russia, China and Iran, Ashgabat took concrete measures to accelerate progress in the construction of the Turkmenistan-Afghanistan-Pakistan and India pipeline (TAPI). Turkmenistan has previously estimated the cost of the project at $3.3 billion. On 21 May, president Gurbanguly Berdymukhammedov unexpectedly signed a decree stating that companies from Turkmenistan will build an internal East-West gas pipeline allowing the transfer of gas from the biggest deposits in Turkmenistan (Dowlatabad and Yolotan) to the Caspian coast. The East-West pipeline is planned to be around 1000 km long and have a carrying capacity of 30 bn m³ annually, at a cost of between one and one and a half billion US dollars.

Tuvalu

AUSTRALASIA & OCEANIA

One of the world's smallest, most isolated states, Tuvalu lies in the central Pacific. The nine islands were linked to the Gilbert Islands (Kiribati) as a UK colony until independence.

OFFICIAL NAME: Tuvalu
DATE OF FORMATION: 1978
CAPITAL: Fongafale, on Funafuti Atoll
POPULATION: 10,544
TOTAL AREA: 10 sq. miles (26 sq. km)
DENSITY: 1110 people per sq. mile
LANGUAGES: Tuvaluan, Kiribati, English*
RELIGIONS: Church of Tuvalu 97%, Baha'i 1%, Seventh-day Adventist 1%, other 1%
ETHNIC MIX: Polynesian 92%, other 6%, Kiribati 2%
GOVERNMENT: Nonparty system
CURRENCY: Australian dollar and Tuvaluan dollar = 100 cents each

Geography

Tuvalu consists of three reef islands and six true atolls. Its small, scattered group of atolls have poor soil and a total land area of only about 26 square kilometres (less than 10 sq. mi.) making it the fourth smallest country in the world. The islets that form the atolls are very low lying. Nanumaga, Niutao, Niulakita are reef islands and the six true atolls are Funafuti, Nanumea, Nui, Nukufetau, Nukulaelae and Vaitupu. Funafuti is the largest atoll of the nine low reef islands and atolls that form the Tuvalu volcanic island chain. It comprises numerous islets around a central lagoon that is approximately 25.1 kilometres (15.6 mi) (N–S) by 18.4 kilometres (11.4 mi) (W-E), centred on 179°7'E and 8°30'S. On the atolls an annular reef rim surrounds the lagoon, with several natural reef channels.

The highest elevation is 4.5 metres (15 ft) above sea level, which gives Tuvalu the second-lowest maximum elevation of any country (after the Maldives). However, the highest elevations are typically in narrow storm dunes on the ocean side of the islands which are prone to over topping in tropical cyclones, such as occurred with Tropical Cyclone Bebe.

Because of the low elevation, the islands that make up this nation are threatened by current and future sea level rise. Under such circumstances, the population may evacuate to New Zealand, Niue or the Fijian island of Kioa. Additionally, efforts are underway by researchers in Japan to rebuild the coral reefs through introduction of foraminifer.

Additionally, Tuvalu is annually affected by king tide events which peak towards the end of the austral summer, and raise the sea level higher than a normal high tide. As a result of historical sea level rise, the king tide events lead to flooding of low lying areas, which is compounded when sea levels are further raised by La Nina or local storms and waves.

In the future, sea level rise may threaten to submerge the nation entirely as it is estimated that a sea level rise of 20–40 centimetres (8–16 inches) in the next 100 years could make Tuvalu uninhabitable.

Tuvalu has very poor land and the soil is hardly usable for agriculture. Drinking water is mostly obtained from rainwater collected on roofs and stored in tanks; these systems are often poorly maintained, resulting in lack of water. Tuvalu has westerly gales and heavy rain from November to March and tropical temperatures moderated by easterly winds from March to November.

Climate

Hot all year round. Heavy annual rainfall. Hurricane season brings many violent storms.

At its highest, Tuvalu is only 4.5 m above sea level, and officials have been concerned about the effects of rising sea levels for some years.

As low-lying islands, lacking a surrounding shallow shelf, the island communities of Tuvalu are especially susceptible to changes in sea level and storm patterns that hit the island undissipated. It is estimated that a sea level rise of 20–40 centimetres (8–16 inches) in the next 100 years could make Tuvalu uninhabitable. The South Pacific Applied Geoscience Commission (SOPAC) suggests that while Tuvalu is vulnerable to climate change there are additional environmental problems such as population growth and poor coastal management that are affecting sustainable development on the island. SOPAC ranks the country as extremely vulnerable using the Environmental Vulnerability Index.

While some commentators have called for the relocation of the population of Tuvalu to Australia, New Zealand, or Kioa (Fiji), the former Prime Minister Maatia Toafa said his government did not regard rising sea levels as such a threat that the entire population would need to be evacuated. In spite of persistent Internet rumours that New Zealand has agreed to accept an annual quota of 75 evacuees, the annual residence quota of 75 Tuvaluans under the Pacific Access Category (and 50 places for people from Kiribati) replaced the previous Work Schemes from the two countries and are not related to environmental concerns.

At the Copenhagen Climate Change Conference in December 2009, Tuvalu's spokesman Ian Fry was one of the strongest critics of the final document, stating "It looks like we are being offered thirty pieces of silver to betray our people and our future."

By March 4, 2011, modern day life had badly reduced fish stocks. Saline seawater seeped inland on Funafuti atoll, the capital of Tuvalu, due to rising sea levels as a result of climate change. Sea pollution has been destroying their sustainable way of life.

People & Society

People are mostly Polynesian. Around half the population lives on Funafuti, where government jobs are based. Life is communal and traditional. Most people live by subsistence farming, digging pits out of the coral to grow crops. Fresh water is precious, due to frequent droughts.

Economy

From 1996 to 2002, Tuvalu was one of the best performing Pacific Island economies and achieved an average real gross domestic product (GDP) growth rate of 5.6 per cent per annum. Since 2002 economic growth has slowed with GDP of 1.5% in 2008. Tuvalu was exposed to rapid rises in world prices fuel and food in 2008, with the level of inflation peaking at 13.4%. The International Monetary Fund 2010 Report on Tuvalu estimates that Tuvalu experienced zero growth in GDP in 2010, after the economy contracted by about 2 percent in 2009.

Public sector workers make up about two thirds of those in formal employment. About 15% of adult males work as seamen on foreign flagged merchant ships. Tuvaluans are otherwise involved in traditional subsistence agriculture and fishing.

Tuvalu generates income from the Tuvalu Trust Fund, the commercialisation of the '.tv' web address, fishing licences, sale of stamps and coins; remittances from Tuvaluans living in Australia and New Zealand; and remittances from Tuvaluan sailors employed on overseas ships.

In 1998, Tuvalu began deriving revenue from use of its area code for "900" lines and from the sale of its ".tv" Internet domain name.

The Tuvalu Trust Fund was established in 1987 by the United Kingdom, Australia and New Zealand. The value of the Tuvalu Trust Fund is approximately $100 million.

Australia and New Zealand continue to contribute capital to the Tuvalu Trust Fund and provide other forms of development assistance. The US government is also a major revenue source for Tuvalu, with 1999 payments from the South Pacific Tuna Treaty (SPTT) at about $9 million, a total which is expected to rise annually. The SPTT entered into force in 1988 with the current SPTT agreement expiring on June 14, 2013. Financial support to Tuvalu is also provided by Japan, South Korea and the European Union.

The United Nations designates Tuvalu as a 'Least Developed Country', because of its limited potential for economic development, absence of exploitable resources, small size and vulnerability to external economic and environmental shocks.

Because of the country's remoteness, tourism does not provide much income; a thousand tourists are estimated to visit Tuvalu annually.

Uganda

AFRICA

Landlocked in east Africa, Uganda has a history of ethnic strife. Under President Museveni, steps have been taken to restore peace and to rebuild the economy and democracy.

OFFICIAL NAME: Republic of Uganda
DATE OF FORMATION: 1962
CAPITAL: Kampala
POPULATION: 32.3 million
TOTAL AREA: 91,135 sq. miles (236,040 sq. km)
DENSITY: 425 people per sq. mile
LANGUAGES: Luganda, Nkole, Chiga, Lango, Acholi, Teso, Lugbara, English*
RELIGIONS: Catholic 38%, Protestant 33%, trad. beliefs 13%, Muslim 8%, other 8%
ETHNIC MIX: Baganda 17%, Banyakole 10%, Basoga 9%, Iteso 7%, other 57%
GOVERNMENT: Presidential system
CURRENCY: New Ug. shilling = 100 cents

Geography

The country is located on the East African plateau, lying mostly between latitudes 4°N and 2°S (a small area is north of 4°), and longitudes 29° and 35°E. It averages about 1,100 metres (3,609 ft) above sea level, and this slopes very steadily downwards to the Sudanese Plain to the north. However, much of the south is poorly drained, while the centre is dominated by Lake Kyoga, which is also surrounded by extensive marshy areas. Uganda lies almost completely within the Nile basin. The Victoria Nile drains from the lake into Lake Kyoga and thence into Lake Albert on the Congolese border. It then runs northwards into Sudan. One small area on the eastern edge of Uganda is drained by the Turkwel River, part of the internal drainage basin of Lake Turkana.It was named after the Founder Adnan

Lake Kyoga serves as a rough boundary between Bantu speakers in the south and Nilotic and Central Sudanic language speakers in the north. Despite the division between north and south in political affairs, this linguistic boundary actually runs roughly from northwest to southeast, near the course of the Nile. However, many Ugandans live among people who speak different languages, especially in rural areas. Some sources describe regional variation in terms of physical characteristics, clothing, bodily adornment, and mannerisms, but others claim that those differences are disappearing.

Although generally equatorial, the climate is not uniform as the altitude modifies the climate. Southern Uganda is wetter with rain generally spread throughout the year. At Entebbe on the northern shore of Lake Victoria, most rain falls from March to June and the November/December period. Further to the north a dry season gradually emerges; at Gulu about 120 km from the Sudanese border, November to February is much drier than the rest of the year.

The northeastern Karamoja region has the driest climate and is prone to droughts in some years. Rwenzori in the southwest on the border with Congo (DRC) receives heavy rain all year round. The south of the country is heavily influenced by one of the world's biggest lakes, Lake Victoria, which contains many islands. It prevents temperatures from varying significantly and increases cloudiness and rainfall. Most important cities are located in the south, near Lake Victoria, including the capital Kampala and the nearby city of Entebbe.

Although landlocked, Uganda contains many large lakes, besides Lake Victoria and Lake Kyoga, there are Lake Albert, Lake Edward and the smaller Lake George.

Climate

Uganda's climate is tropical. This means it is generally rainy (particularly during the months of March to May, September to November), while the remaining months (December to February, June to August) comprise Uganda's two dry seasons.

People & Society

Uganda is divided into districts, spread across four administrative regions: Northern, Eastern, Central (Kingdom of Buganda) and Western. The districts are subdivided into counties. A number of districts have been added in the past few years, and eight others were added on July 1, 2006 plus others added in 2010. There are now over 100 districts. Most districts are named after their main commercial and administrative towns. Each district is divided into sub-districts, counties, sub-counties, parishes and villages.

The mostly rural population comprises some 13 main ethnic groups. President Museveni has worked hard to break down ethnic animosities, but a noticeable north–south divide persists, with most development in the south. After two decades of brutal conflict with northern rebels, a final peace deal has been mediated but not yet signed; many refugees have returned home.

Economy

For decades, Uganda's economy suffered from devastating economic policies and instability, leaving Uganda as one of the world's poorest countries. The country has commenced economic reforms and growth has been robust. In 2008, Uganda recorded 7% growth despite the global downturn and regional instability.

Uganda has substantial natural resources, including fertile soils, regular rainfall, and sizable mineral deposits of copper and cobalt. The country has largely untapped reserves of both crude oil and natural gas. While agriculture used to account for 56% of the economy in 1986, with coffee as its main export, it has now been surpassed by the services sector, which accounted for 52% of percent GDP in 2007. In the 1950s the British Colonial regime encouraged some 500,000 subsistence farmers to join co-operatives. Since 1986, the government (with the support of foreign countries and international agencies) has acted to rehabilitate an economy devastated during the regime of Idi Amin and subsequent civil war. Inflation ran at 240% in 1987 and 42% in June 1992, and was 5.1% in 2003.

Between 1990 and 2001, the economy grew because of continued investment in the rehabilitation of infrastructure, improved incentives for production and exports, reduced inflation and gradually improved domestic security. Ongoing Ugandan involvement in the war in the Democratic Republic of the Congo, corruption within the government, and slippage in the government's determination to press reforms raise doubts about the continuation of strong growth.

In 2000, Uganda was included in the Heavily Indebted Poor Countries (HIPC) debt relief initiative worth $1.3 billion and Paris Club debt relief worth $145 million. These amounts combined with the original HIPC debt relief added up to about $2 billion. In 2006 the Ugandan Government successfully paid all their debts to the Paris Club, which meant that it was no longer in the (HIPC) list. Growth for 2001–2002 was solid despite continued decline in the price of coffee, Uganda's principal export. According to IMF statistics, in 2004 Uganda's GDP per capita reached $300, a much higher level than in the 1980s but still at half the Sub-Saharan African average income of $600 per year. Total GDP crossed the 8 billion dollar mark in the same year.

Economic growth has not always led to poverty reduction. Despite an average annual growth of 2.5% between 2000 and 2003, poverty levels increased by 3.8% during that time. This has highlighted the importance of avoiding jobless growth and is part of the rising awareness in development circles of the need for equitable growth not just in Uganda, but across the developing world.

With the Uganda securities exchanges established in 1996, several equities have been listed. The Government has used the stock market as an avenue for privatisation. All Government treasury issues are listed on the securities exchange. The Capital Markets Authority has licensed 18 brokers, asset managers and investment advisors including names like African Alliance, AIG Investments, Renaissance Capital and SIMMS. As one of the ways of increasing formal domestic savings, Pension sector reform is the centre of attention (2007).

Uganda depends on Kenya for access to international markets. Uganda is part of the East African Community and a potential member of the planned East African Federation.

Ukraine

EUROPE

The former "breadbasket of the Soviet Union," Ukraine lies on the north coast of the Black Sea. Politics is divided between pro-Russian sentiments and pro-European nationalism.

OFFICIAL NAME: Ukraine
DATE OF FORMATION: 1991
CAPITAL: Kiev
POPULATION: 45.8 million
TOTAL AREA: 223,089 sq. miles (603,700 sq. km)
DENSITY: 196 people per sq. mile
LANGUAGES: Ukrainian*, Russian, Tatar
RELIGIONS: Christian (mainly Orthodox) 95%, other 5%
ETHNIC MIX: Ukrainian 78%, Russian 17%, other 5%
GOVERNMENT: Presidential system
CURRENCY: Hryvna = 100 kopiykas

Geography

At 603,700 square kilometres (233,100 sq mi) and with a coastline of 2,782 kilometres (1,729 mi), Ukraine is the world's 44th-largest country (after the Central African Republic, before Madagascar). It is the largest wholly European country and the second largest country in Europe (after the European part of Russia, before metropolitan France). It lies between latitudes 44° and 53° N, and longitudes 22° and 41° E.

The Ukrainian landscape consists mostly of fertile plains (or steppes) and plateaus, crossed by rivers such as the Dnieper (Dnipro), Seversky Donets, Dniester and the Southern Buh as they flow south into the Black Sea and the smaller Sea of Azov. To the southwest, the delta of the Danube forms the border with Romania. Its various regions have diverse geographic features ranging from the highlands to the lowlands. The country's only mountains are the Carpathian Mountains in the west, of which the highest is the Hora Hoverla at 2,061 metres (6,762 ft), and the Crimean Mountains on the Crimean peninsula, in the extreme south along the coast. However Ukraine also has a number of highland regions such as the Volyn-Podillia Upland (in the west) and the Near-Dnipro Upland (on the right bank of Dnieper); to the east there are the south-western spurs of the Central Russian Uplands over which runs the border with Russia. Near the Sea of Azov can be found the Donets Ridge and the Near Azov Upland. The snow melt from the mountains feeds the rivers, and natural changes in altitude form a sudden drop in elevation and create many opportunities to form waterfalls of Ukraine.

Significant natural resources in Ukraine include iron ore, coal, manganese, natural gas, oil, salt, sulfur, graphite, titanium, magnesium, kaolin, nickel, mercury, timber and an abundance of arable land. Despite this, the country faces a number of major environmental issues such as inadequate supplies of potable water; air and water pollution and deforestation, as well as radiation contamination in the north-east from the 1986 accident at the Chernobyl Nuclear Power Plant.

Climate

Ukraine has a mostly temperate continental climate, although a more Mediterranean climate is found on the southern Crimean coast. Precipitation is disproportionately distributed; it is highest in the west and north and lowest in the east and southeast. Western Ukraine receives around 1,200 millimetres (47.2 in) of precipitation annually, while Crimea receives around 400 millimetres (15.7 in). Winters vary from cool along the Black Sea to cold farther inland. Average annual temperatures range from 5.5 °C (41.9 °F)–7 °C (44.6 °F) in the north, to 11 °C (51.8 °F)–13 °C (55.4 °F) in the south.

People & Society

Over 90% of people in the west are Ukrainian, but in cities in the east and south, and in Crimea, Russians form a majority. The government is wary of Crimean separatism. Tatars have been returning there since the Soviet Union's collapse and now comprise around 12% of the local population. Over five million people in Ukraine, Belarus, and Russia live in areas "contaminated" by the 1986 Chornobyl nuclear disaster.

Ukrainian customs are heavily influenced by Christianity, which is the dominant religion in the country. Gender roles also tend to be more traditional, and grandparents play a greater role in raising children than in the West. The culture of Ukraine has been also influenced by its eastern and western neighbours, which is reflected in its architecture, music and art.

The Communist era had quite a strong effect on the art and writing of Ukraine. In 1932, Stalin made socialist realism state policy in the Soviet Union when he promulgated the decree "On the Reconstruction of Literary and Art Organisations". This greatly stifled creativity. During the 1980s glasnost (openness) was introduced and Soviet artists and writers again became free to express themselves as they wanted.

The tradition of the Easter egg, known as pysanky, has long roots in Ukraine. These eggs were drawn on with wax to create a pattern; then, the dye was applied to give the eggs their pleasant colours, the dye did not affect the previously wax-coated parts of the egg. After the entire egg was dyed, the wax was removed leaving only the colourful pattern. This tradition is thousands of years old, and precedes the arrival of Christianity to Ukraine. In the city of Kolomya near the foothills of the Carpathian mountains in 2000 was built the museum of Pysanka which won a nomination as the monument of modern Ukraine in 2007, part of the Seven Wonders of Ukraine action.

Economy

In Soviet times, the economy of Ukraine was the second largest in the Soviet Union, being an important industrial and agricultural component of the country's planned economy. With the dissolution of the Soviet system, the country moved from a planned economy to a market economy. The transition process was difficult for the majority of the population which plunged into poverty. Ukraine's economy contracted severely following the years after the Soviet dissolution. Day to day life for the average person living in Ukraine was a struggle. A significant number of citizens in rural Ukraine survived by growing their own food, often working two or more jobs and buying the basic necessities through the barter economy.

In 1991, the government liberalized most prices to combat widespread product shortages, and was successful in overcoming the problem. At the same time, the government continued to subsidize state-run industries and agriculture by uncovered monetary emission. The loose monetary policies of the early 1990s pushed inflation to hyperinflationary levels. For the year 1993, Ukraine holds the world record for inflation in one calendar year. Those living on fixed incomes suffered the most.

Prices stabilized only after the introduction of new currency, the hryvnia, in 1996.

The country was also slow in implementing structural reforms. Following independence, the government formed a legal framework for privatization. However, widespread resistance to reforms within the government and from a significant part of the population soon stalled the reform efforts. A large number of state-owned enterprises were exempt from the privatization process.

In the meantime, by 1999, the GDP had fallen to less than 40 percent of the 1991 level, but recovered to slightly above the 100 percent mark by the end of 2006. In the early 2000s, the economy showed strong export-based growth of 5 to 10 percent, with industrial production growing more than 10 percent per year. Ukraine was hit by the economic crisis of 2008 and in November 2008, the IMF approved a stand-by loan of $16.5 billion for the country.

Ukraine's 2010 GDP (PPP), as calculated by the CIA, is ranked 38th in the world and estimated at $305.2 billion. Its GDP per capita in 2010 according to the CIA was $6,700 (in PPP terms), ranked 107rd in the world. Nominal GDP (in U.S. dollars, calculated at market exchange rate) was $136 billion, ranked 53st in the world. By July 2008 the average nominal salary in Ukraine reached 1,930 hryvnias per month. Despite remaining lower than in neighboring central European countries, the salary income growth in 2008 stood at 36.8 percent According to the UNDP in 2003 4.9 percent of the Ukrainian population lived under 2 US dollar a day and 19.5 percent of the population lived below the national poverty line that same year.

Ukraine produces nearly all types of transportation vehicles and spacecraft. Antonov airplanes and KrAZ trucks are exported to many countries. The majority of Ukrainian exports are marketed to the European Union and CIS. Since independence, Ukraine has maintained its own space agency, the National Space Agency of Ukraine (NSAU). Ukraine became an active participant in scientific space exploration and remote sensing missions. Between 1991 and 2007, Ukraine has launched six self made satellites and 101 launch vehicles, and continues to design spacecraft.

The country imports most energy supplies, especially oil and natural gas, and to a large extent depends on Russia as its energy supplier. While 25 percent of the natural gas in Ukraine comes from internal sources, about 35 percent comes from Russia and the remaining 40 percent from Central Asia through transit routes that Russia controls. At the same time, 85 percent of the Russian gas is delivered to Western Europe through Ukraine.

The World Bank classifies Ukraine as a middle-income state. Significant issues include underdeveloped infrastructure and transportation, corruption and bureaucracy. In 2007 the Ukrainian stock market recorded the second highest growth in the world of 130 percent. According to the CIA, in 2006 the market capitalization of the Ukrainian stock market was $111.8 billion. Growing sectors of the Ukrainian economy include the information technology (IT) market, which topped all other Central and Eastern European countries in 2007, growing some 40 percent.

United Arab Emirates

ASIA

Bordering the Gulf on the northern coast of the Arabian Peninsula, the seven states of the UAE are Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Qaywayn, Ras al Khaymah, and Fujayrah.

OFFICIAL NAME: United Arab Emirates
DATE OF FORMATION: 1971
CAPITAL: Abu Dhabi
POPULATION: 8.2 million
TOTAL AREA: 32,000 sq. miles (82,880 sq. km)
DENSITY: 256 people per sq. mile
LANGUAGES: Arabic*, Farsi, Indian and Pakistani languages, English
RELIGIONS: Muslim (mainly Sunni) 96%, Christian, Hindu, and other 4%
ETHNIC MIX: Asian 60%, Emirian 25%, other Arab 12%, European 3%
GOVERNMENT: Monarchy
CURRENCY: UAE dirham = 100 fils

Geography

The United Arab Emirates is situated in Southwest Asia, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia; it is in a strategic location along southern approaches to the Strait of Hormuz, a vital transit point for world crude oil.

The UAE lies between 22°30' and 26°10' north latitude and between 51° and 56°25′ east longitude. It shares a 530-kilometer border with Saudi Arabia on the west, south, and southeast, and a 450-kilometer border with Oman on the southeast and northeast. The land border with Qatar in the Khawr al Udayd area is about nineteen kilometers in the northwest; however, it is a source of ongoing dispute. Additionally, island disputes with Iran and Qatar remain unresolved.

The largest emirate, Abu Dhabi, accounts for 87% of the UAE's total area (67,340 square kilometers). The smallest emirate, Ajman, encompasses only 259 square kilometers (see figure).

The UAE coast stretches for more than 650 kilometers along the southern shore of the Persian Gulf. Most of the coast consists of salt pans that extend far inland. The largest natural harbor is at Dubai, although other ports have been dredged at Abu Dhabi, Sharjah, and elsewhere. Numerous islands are found in the Persian Gulf, and the ownership of some of them has been the subject of international disputes with both Iran and Qatar. The smaller islands, as well as many coral reefs and shifting sandbars, are a menace to navigation. Strong tides and occasional windstorms further complicate ship movements near the shore. The UAE also has a stretch of the Al Bāţinah coast of the Gulf of Oman, although the Musandam Peninsula, the very tip of Arabia by the Strait of Hormuz is an enclave of Oman within the UAE.

South and west of Abu Dhabi, vast, rolling sand dunes merge into the Rub al-Khali (Empty Quarter) of Saudi Arabia. The desert area of Abu Dhabi includes two important oases with adequate underground water for permanent settlements and cultivation. The extensive Liwa Oasis is in the south near the undefined border with Saudi Arabia. About 100 kilometers to the northeast of Liwa is the Al-Buraimi oasis, which extends on both sides of the Abu Dhabi-Oman border.

Prior to withdrawing from the area in 1971, Britain delineated the internal borders among the seven emirates in order to preempt territorial disputes that might hamper formation of the federation. In general, the rulers of the emirates accepted the British intervention, but in the case of boundary disputes between Abu Dhabi and Dubai, and also between Dubai and Sharjah, conflicting claims were not resolved until after the UAE became independent. The most complicated borders were in the Al-Hajar al-Gharbi Mountains, where five of the emirates contested jurisdiction over more than a dozen enclaves.

Climate

The climate of the U.A.E is subtropical-arid with hot summers and warm winters. The hottest months are July and August, when average maximum temperatures reach above 50 °C (122.0 °F) on the coastal plain. In the Al Hajar Mountains, temperatures are considerably lower, a result of increased altitude. Average minimum temperatures in January and February are between 10 and 14 °C (50 and 57.2 °F). During the late summer months, a humid southeastern wind known as Sharqi (i.e. "Easterner") makes the coastal region especially unpleasant. The average annual rainfall in the coastal area is less than 120 mm (4.7 in), but in some mountainous areas annual rainfall often reaches 350 mm (13.8 in). Rain in the coastal region falls in short, torrential bursts during the summer months, sometimes resulting in floods in ordinarily dry wadi beds. The region is prone to occasional, violent dust storms, which can severely reduce visibility. The Jebel Jais mountain cluster in Ras al-Khaimah has experienced snow only twice since records began.

People & Society

Emirians, who make up just a quarter of the population, are mostly Sunni Muslims of Bedouin descent, and largely city dwellers. In theory, women enjoy equal rights with men. Poverty is rare and there is no income tax. The 1970s oil boom encouraged the immigration of workers, mostly from Asia. Western expatriates are permitted a virtually unrestricted lifestyle. Islamism, however, is a growing force among the young. Islam is largest and the official state religion of the UAE, though the government follows a policy of tolerance toward other religions and rarely interferes in the activities of non-Muslims.

However, it is illegal in the UAE to spread the ideas of any religion apart from Islam through any form of media as it is considered a form of proselytizing. There are approximately 31 churches throughout the country and one Hindu temple in the region of Bur Dubai.

Based on the Ministry of Economy census in 2005, 76% of the total population was Muslim, 9% Christian, and 15% other (mainly Hindu). Census figures do not take into account the many "temporary" visitors and workers while also counting Baha'is and Druze as Muslim. Non-Islamic religions are mainly followed by foreigners or expatriates. As the majority of the population are non-citizens, of the citizens 85% are Sunni Muslim while 15% are Shi'a Muslims. Omani immigrants are mostly Ibadi, while Sufi influences exist too.

Economy

At the time of independence, the UAE was already regarded as a rich country with GDP per capita exceeding $2,000.

The UAE has an open economy with one of the highest per capita incomes in the world and a sizable annual trade surplus. In 2009, its GDP, as measured by purchasing power parity, stood at US$400.4 billion. The GDP per capita is currently the third in the world and second in the Middle East, after Qatar and Kuwait as measured by the CIA World Factbook, or the 17th in the world as measured by the International Monetary Fund.

With almost $1 trillion in foreign invested assets, some argue the UAE to be the richest, with the highest average income in the world. Over half of this money is generated by the nation's capital; Abu Dhabi. With a population of just under 900,000 Abu Dhabi was labeled "The richest city in the world" by a CNN article.

UAE's economy, particularly that of Dubai, was badly hit by the financial crisis of 2007–2010. In 2009, the country's economy shrank by 4.00 percent, but UAE's overseas investments are expected to support its full economic recovery. However, concern remains about the property sector. Property prices in Dubai fell dramatically when Dubai World, the government construction company, sought to delay a debt payment. The ability to service debt remains a problem.

Petroleum and natural gas exports play an important role in the economy, especially in Abu Dhabi. More than 85% of the UAE's economy was based on the exports of natural resources in 2009.

A massive construction boom, an expanding manufacturing base, and a thriving services sector are helping the UAE diversify its economy. Nationwide, there is currently $350 billion worth of active construction projects. Aluminum, steel, iron and other forms of metal exports along with textile produce much a significant amount of income and are expected to surpass the income brought in by petroleum and natural gas exports within the next 40 to 60 years. Government projects include the Burj Khalifa, which is the world's tallest building, Dubai World Central International Airport which, when completed, will be the most expensive airport ever built, and the three Palm Islands, the largest artificial islands in the world. Other projects include the Dubai Mall which is the world's largest shopping mall, and a man-made archipelago called The World which seeks to increase Dubai's rapidly growing tourism industry. Also in the entertainment sector is the construction of Dubailand, which is expected to be twice the size of Disney World, and of Dubai Sports City which will not only provide homes for local sports teams but may be part of future Olympic bids. However, this is concern that this construction boom has been built on debt and speculation, with little creation of true economic value.

Major increases in imports occurred in manufactured goods, machinery, and transportation equipment, which together accounted for 80% of total imports. Another important foreign exchange earner, the Abu Dhabi Investment Authority – which controls the investments of Abu Dhabi, the wealthiest emirate – manages an estimated $360 billion in overseas investments & an estimated $900 billion in assets.

More than 200 factories operate at the Jebel Ali complex in Dubai, which includes a deep-water port and a free trade zone for manufacturing and distribution in which all goods for re-export or transshipment enjoy a 100% duty exemption. A major power plant with associated water desalination units, an aluminium smelter, and a steel fabrication unit are prominent facilities in the complex. The complex is currently undergoing expansion, with sections of land set aside for different sectors of industry. A large international passenger and cargo airport, Dubai World Central International Airport, with associated logistics, manufacturing and hospitality industries, is also planned here.

Except in the free trade zones, the UAE requires at least 51% local citizen ownership in all businesses operating in the country as part of its attempt to place Emiratis into leadership positions. However, this law is under review and the majority ownership clause will very likely be scrapped in order to bring the country into line with World Trade Organisation regulations.

As a member of the Gulf Cooperation Council (GCC), the UAE participates in the wide range of GCC activities that focus on economic issues. These include regular consultations and development of common policies covering trade, investment, banking and finance, transportation, telecommunications, and other technical areas, including protection of intellectual property rights.

The currency of the United Arab Emirates is the Emirati Dirham.

United Kingdom

EUROPE

Separated from continental Europe by the English Channel, the UK consists of Great Britain (England, Wales, and Scotland), several smaller islands, and Northern Ireland.

OFFICIAL NAME: United Kingdom of Great Britain and Northern Ireland
DATE OF FORMATION: 1707
CAPITAL: London
POPULATION: 62.2 million
TOTAL AREA: 94,525 sq. miles (244,820 sq. km)
DENSITY: 660 people per sq. mile
LANGUAGES: English*, Welsh*, other
RELIGIONS: Anglican 45%, other 39%, Catholic 9%, Presbyterian 4%, Muslim 3%
ETHNIC MIX: English 80%, Scottish 9%, other 5%, Welsh 3%, Northern Irish 3%
GOVERNMENT: Parliamentary system
CURRENCY: Pound sterling = 100 pence

Geography

The total area of the United Kingdom is approximately 243,610 square kilometres (94,060 sq mi). The country occupies the major part of the British Isles archipelago and includes the island of Great Britain, the north-eastern one-sixth of the island of Ireland and some smaller surrounding islands. It lies between the North Atlantic Ocean and the North Sea with the south-east coast coming within 35 kilometres (22 mi) of the coast of northern France, from which it is separated by the English Channel. As of 1993 10% of the UK was forested, 46% used for pastures and 25% used for agriculture. The Royal Greenwich Observatory in London is the defining point of the Prime Meridian.

The United Kingdom lies between latitudes 49° to 61° N, and longitudes 9° W to 2° E. Northern Ireland shares a 360-kilometre (224 mi) land boundary with the Republic of Ireland. The coastline of Great Britain is 17,820 kilometres (11,073 mi) long. It is connected to continental Europe by the Channel Tunnel, which at 50 kilometres (31 mi) (38 kilometres (24 mi) underwater) is the longest underwater tunnel in the world.

England accounts for just over half of the total area of the UK, covering 130,395 square kilometres (50,350 sq mi). Most of the country consists of lowland terrain, with mountainous terrain north-west of the Tees-Exe line; including the Cumbrian Mountains of the Lake District, the Pennines and limestone hills of the Peak District, Exmoor and Dartmoor. The main rivers and estuaries are the Thames, Severn and the Humber. England's highest mountain is Scafell Pike (978 metres (3,209 ft)) in the Lake District. Its principal rivers are the Severn, Thames, Humber, Tees, Tyne, Tweed, Avon, Exe and Mersey.

Scotland accounts for just under a third of the total area of the UK, covering 78,772 square kilometres (30,410 sq mi) and including nearly eight hundred islands, predominantly west and north of the mainland; notably the Hebrides, Orkney Islands and Shetland Islands. The topography of Scotland is distinguished by the Highland Boundary Fault—a geological rock fracture—which traverses Scotland from Arran in the west to Stonehaven in the east. The faultline separates two distinctively different regions; namely the Highlands to the north and west and the lowlands to the south and east. The more rugged Highland region contains the majority of Scotland's mountainous land, including Ben Nevis which at 1,343 metres (4,406 ft) is the highest point in the British Isles. Lowland areas, especially the narrow waist of land between the Firth of Clyde and the Firth of Forth known as the Central Belt, are flatter and home to most of the population including Glasgow, Scotland's largest city, and Edinburgh, its capital and political centre.

Wales accounts for less than a tenth of the total area of the UK, covering 20,779 square kilometres (8,020 sq mi). Wales is mostly mountainous, though South Wales is less mountainous than North and mid Wales. The main population and industrial areas are in South Wales, consisting of the coastal cities of Cardiff, Swansea and Newport, and the South Wales Valleys to their north. The highest mountains in Wales are in Snowdonia and include Snowdon (Welsh: Yr Wyddfa) which, at 1,085 metres (3,560 ft), is the highest peak in Wales. The 14, or possibly 15, Welsh mountains over 3,000 feet (914 m) high are known collectively as the Welsh 3000s. Wales has over 1,200 km (750 miles) of coastline. There are several islands off the Welsh mainland, the largest of which is Anglesey (Ynys Môn) in the northwest.

Northern Ireland accounts for just 14,160 square kilometres (5,470 sq mi) and is mostly hilly. It includes Lough Neagh which, at 388 square kilometres (150 sq mi), is the largest lake in the British Isles by area. The highest peak in Northern Ireland is Slieve Donard in the Mourne Mountains at 852 metres (2,795 ft).

Climate

The United Kingdom has a temperate climate, with plentiful rainfall all year round. The temperature varies with the seasons seldom dropping below −11 °C (12 °F) or rising above 35 °C (95 °F). The prevailing wind is from the south-west and bears frequent spells of mild and wet weather from the Atlantic Ocean, although the eastern parts are mostly sheltered from this wind—as the majority of the rain falls over the western regions the eastern parts are therefore the driest. Atlantic currents, warmed by the Gulf Stream, bring mild winters; especially in the west where winters are wet and even moreso over high ground. Summers are warmest in the south-east of England, being closest to the European mainland, and coolest in the north. Snowfall can occur in winter and early spring, though it rarely settles to great depth away from high ground.

People & Society

The Scottish and Welsh nations remain recognizably distinct, and the creation of the Scottish Parliament and Welsh Assembly has given each country greater political autonomy. The future of devolved government in Northern Ireland remains problematic. People from other ethnic minorities account for 5% of the population; more than half of them were born in the UK. Asians and West Indians in most cities face deprivation and social stress; Asian women can be particularly isolated. In key areas such as policing, multiethnic recruitment has made little progress. Marriage is in decline. Over 40% of all births occur outside marriage, but most of them to cohabiting couples. Single-parent households account for just over a quarter of all families. Income inequality is greater now than in 1884, when records began.

The UK's official language is English, a West Germanic language descended from Old English which features a large number of borrowings from Old Norse, Norman French and Latin. The English language has spread across the world, largely because of the British Empire, and has become the international language of business as well as the most widely taught second language.

Scots, a language descended from early northern Middle English, is recognised at European level, as is its regional variant in the northern counties of Ireland, Ulster Scots. There are also four Celtic languages in use in the UK: Welsh, Irish, Scottish Gaelic and Cornish. In the 2001 Census over a fifth (21%) of the population of Wales said they could speak Welsh, an increase from the 1991 Census (18%). In addition it is estimated that about 200,000 Welsh speakers live in England.

The 2001 census in Northern Ireland showed that 167,487 (10.4%) people "had some knowledge of Irish" (see Irish language in Northern Ireland), almost exclusively in the Catholic/nationalist population. Over 92,000 people in Scotland (just under 2% of the population) had some Gaelic language ability, including 72% of those living in the Outer Hebrides. The number of schoolchildren being taught in Welsh, Gaelic and Irish is increasing. Welsh and Scottish Gaelic are also spoken by small groups around the globe with some Gaelic still spoken in Nova Scotia, Canada (especially Cape Breton Island), and Welsh in Patagonia, Argentina.

Across the United Kingdom it is generally compulsory for pupils to study a second language to some extent: up to the age of 14 in England, and up to age 16 in Scotland. French and German are the two most commonly taught second languages in England and Scotland. In Wales, all pupils up to age 16 are either taught in Welsh or taught Welsh as a second language.

Economy

The UK has a partially regulated market economy. Based on market exchange rates the UK is today the sixth-largest economy in the world and the third-largest in Europe after Germany and France, having fallen behind France for the first time in over a decade in 2008. HM Treasury, led by the Chancellor of the Exchequer, is responsible for developing and executing the British government's public finance policy and economic policy. The Bank of England is the UK's central bank and is responsible for issuing the nation's currency, the pound sterling. Banks in Scotland and Northern Ireland retain the right to issue their own notes, subject to retaining enough Bank of England notes in reserve to cover their issue. Pound sterling is the world's third-largest reserve currency (after the U.S. Dollar and the Euro). Since 1997 the Bank of England's Monetary Policy Committee, headed by the Governor of the Bank of England, has been responsible for setting interest rates at the level necessary to achieve the overall inflation target for the economy that is set by the Chancellor each year.

In the final quarter of 2008 the UK economy officially entered recession for the first time since 1991. Unemployment increased from 5.2% in May 2008 to 7.6% in May 2009 and by January 2011 the unemployment rate among 18 to 24-year-olds had risen from 11.9% to 20.3%, the highest since current records began in 1992. Total UK government debt rose from 44.5% of GDP in December 2007 to 76.1% of GDP in December 2010.

The UK service sector makes up around 73% of GDP. London is one of the three "command centres" of the global economy (alongside New York City and Tokyo), is the world's largest financial centre alongside New York, and has the largest city GDP in Europe. Edinburgh is also one of the largest financial centres in Europe. Tourism is very important to the British economy and, with over 27 million tourists arriving in 2004, the United Kingdom is ranked as the sixth major tourist destination in the world and London has the most international visitors of any city in the world. The creative industries accounted for 7% GVA in 2005 and grew at an average of 6% per annum between 1997 and 2005.

The Industrial Revolution started in the UK with an initial concentration on the textile industry, followed by other heavy industries such as shipbuilding, coal mining, and Steelmaking. The empire created an overseas market for British products, allowing the UK to dominate international trade in the 19th century. As other nations industrialised, coupled with economic decline after two world wars, the United Kingdom began to lose its competitive advantage and heavy industry declined, by degrees, throughout the 20th century. Manufacturing remains a significant part of the economy but accounted for only one-sixth of national output in 2003.

The automotive industry is a significant part of the UK manufacturing sector and employs over 800,000 people, with a turnover of some £52 billion, generating £26.6 billion of exports. The aerospace industry of the UK is the second- or third-largest national aerospace industry depending upon the method of measurement and has an annual turnover of around £20 billion. The pharmaceutical industry plays an important role in the UK economy and the country has the third highest share of global pharmaceutical R&D expenditures (after the United States and Japan).

The poverty line in the UK is commonly defined as being 60% of the median household income. In 2007–2008 13.5 million people, or 22% of the population, lived below this line. This is a higher level of relative poverty than all but four other EU members. In the same year 4.0 million children, 31% of the total, lived in households below the poverty line after housing costs were taken into account. This is a decrease of 400,000 children since 1998–1999. The UK imports 40% of its food supplies.

United States of America

NORTH & CENTRAL AMERICA

Stretching across the most temperate part of North America, and with many natural resources, the US is the world's leading economic power and third-largest country.

OFFICIAL NAME: United States of America
DATE OF FORMATION: 1776
CAPITAL: Washington, D.C.
POPULATION: 312.3 million
TOTAL AREA: 3,717,792 sq. miles (9,626,091 sq. km)
DENSITY: 89 people per sq. mile
LANGUAGES: English, Spanish, other
RELIGIONS: Protestant 52%, Catholic 25%, other 19%, Muslim 2%, Jewish 2%
ETHNIC MIX: White 62%, Hispanic 13%, African American 13%, other 7%, Asian 4%, Native American 1%
GOVERNMENT: Presidential system
CURRENCY: US dollar = 100 cents

Geography

The land area of the contiguous United States is approximately 1,900 million acres (7,700,000 km^2). Alaska, separated from the contiguous United States by Canada, is the largest state at 365 million acres (1,480,000 km^2). Hawaii, occupying an archipelago in the central Pacific, southwest of North America, has just over 4 million acres (16,000 km^2). The United States is the world's third or fourth largest nation by total area (land and water), ranking behind Russia and Canada and just above or below China. The ranking varies depending on how two territories disputed by China and India are counted and how the total size of the United States is measured: calculations range from 3,676,486 square miles (9,522,055 km^2) to 3,717,813 square miles (9,629,091 km^2) to 3,794,101 square miles (9,826,676 km^2). Including only land area, the United States is third in size behind Russia and China, just ahead of Canada.

The coastal plain of the Atlantic seaboard gives way further inland to deciduous forests and the rolling hills of the Piedmont. The Appalachian Mountains divide the eastern seaboard from the Great Lakes and the grasslands of the Midwest. The Mississippi–Missouri River, the world's fourth longest river system, runs mainly north–south through the heart of the country. The flat, fertile prairie of the Great Plains stretches to the west, interrupted by a highland region in the southeast. The Rocky Mountains, at the western edge of the Great Plains, extend north to south across the country, reaching altitudes higher than 14,000 feet (4,300 m) in Colorado. Farther west are the rocky Great Basin and deserts such as the Mojave. The Sierra Nevada and Cascade mountain ranges run close to the Pacific coast. At 20,320 feet (6,194 m), Alaska's Mount McKinley is the tallest peak in the country and in North America. Active volcanoes are common throughout Alaska's Alexander and Aleutian Islands, and Hawaii consists of volcanic islands. The supervolcano underlying Yellowstone National Park in the Rockies is the continent's largest volcanic feature.

The United States, with its large size and geographic variety, includes most climate types. To the east of the 100th meridian, the climate ranges from humid continental in the north to humid subtropical in the south. The southern tip of Florida is tropical, as is Hawaii. The Great Plains west of the 100th meridian are semi-arid. Much of the Western mountains are alpine. The climate is arid in the Great Basin, desert in the Southwest, Mediterranean in coastal California, and oceanic in coastal Oregon and Washington and southern Alaska. Most of Alaska is subarctic or polar. Extreme weather is not uncommon—the states bordering the Gulf of Mexico are prone to hurricanes, and most of the world's tornadoes occur within the country, mainly in the Midwest's Tornado Alley.

The U.S. ecology is considered "megadiverse": about 17,000 species of vascular plants occur in the contiguous United States and Alaska, and over 1,800 species of flowering plants are found in Hawaii, few of which occur on the mainland. The United States is home to more than 400 mammal, 750 bird, and 500 reptile and amphibian species. About 91,000 insect species have been described. The Endangered Species Act of 1973 protects threatened and endangered species and their habitats, which are monitored by the United States Fish and Wildlife Service. There are fifty-eight national parks and hundreds of other federally managed parks, forests, and wilderness areas. Altogether, the government owns 28.8% of the country's land area. Most of this is protected, though some is leased for oil and gas drilling, mining, logging, or cattle ranching; 2.4% is used for military purposes.

Climate

Law enforcement in the United States is primarily the responsibility of local police and sheriff's departments, with state police providing broader services. Federal agencies such as the Federal Bureau of Investigation (FBI) and the U.S. Marshals Service have specialized duties. At the federal level and in almost every state, jurisprudence operates on a common law system. State courts conduct most criminal trials; federal courts handle certain designated crimes as well as certain appeals from the state systems. Federal law prohibits a variety of drugs, although states sometimes pass laws in conflict with federal regulations. The smoking age is generally 18 and the drinking age is generally 21.

Among developed nations, the United States has above-average levels of violent crime and particularly high levels of gun violence and homicide. There were 5.0 murders per 100,000 persons in 2009, 10.4% fewer than in 2000. Gun ownership rights are the subject of contentious political debate.

The United States has the highest documented incarceration rate and total prison population in the world. At the start of 2008, more than 2.3 million people were incarcerated, more than one in every 100 adults. The current rate is about seven times the 1980 figure, and over three times the figure in Poland, the Organisation for Economic Co-operation and Development (OECD) country with the next highest rate. African American males are jailed at about six times the rate of white males and three times the rate of Hispanic males. The country's high rate of incarceration is largely due to sentencing and drug policies.

Though it has been abolished in most Western nations, capital punishment is sanctioned in the United States for certain federal and military crimes, and in thirty-four states. Since 1976, when the U.S. Supreme Court reinstated the death penalty after a four-year moratorium, there have been more than 1,000 executions. In 2010, the country had the fifth highest number of executions in the world, following China, Iran, North Korea, and Yemen. In 2007, New Jersey became the first state to legislatively abolish the death penalty since the 1976 Supreme Court decision, followed by New Mexico in 2009 and Illinois in 2011.

People & Society

Although the demographic, economic, and cultural dominance of White Americans is firmly entrenched after over 400 years of settlement, the ethnic balance of the country is shifting. Barack Obama, whose father was African, became the first non-White US president in 2009. The African-American community, originally uprooted by the slave trade, has a strong consciousness. Less well organized socially but more numerous, and faster-growing, the Hispanic community is predicted to number over 25% of the population by 2050. Native Americans, dispossessed in the 19th century, are now among the poorest people. Constitutionally, state and religion are clearly separated. Conservative Christianity, however, is increasingly dominant politically. Living standards are high, but bad diet and insufficient exercise have left over a third of Americans obese.

The United States is a multicultural nation, home to a wide variety of ethnic groups, traditions, and values. Aside from the now small Native American and Native Hawaiian populations, nearly all Americans or their ancestors immigrated within the past five centuries. The culture held in common by most Americans—mainstream American culture—is a Western culture largely derived from the traditions of European immigrants with influences from many other sources, such as traditions brought by slaves from Africa. More recent immigration from Asia and especially Latin America has added to a cultural mix that has been described as both a homogenizing melting pot, and a heterogeneous salad bowl in which immigrants and their descendants retain distinctive cultural characteristics.

American culture is considered the most individualistic in the world. Though the American Dream, or the perception that Americans enjoy high social mobility, plays a key role in attracting immigrants, other developed nations offer greater social mobility. While the mainstream culture holds that the United States is a classless society, scholars identify significant differences between the country's social classes, affecting socialization, language, and values. The American middle and professional class has initiated many contemporary social trends such as modern feminism, environmentalism, and multiculturalism. Americans' self-images, social viewpoints, and cultural expectations are associated with their occupations to an unusually close degree. While Americans tend greatly to value socioeconomic achievement, being ordinary or average is generally seen as a positive attribute.

Law enforcement in the United States is primarily the responsibility of local police and sheriff's departments, with state police providing broader services. Federal agencies such as the Federal Bureau of Investigation (FBI) and the U.S. Marshals Service have specialized duties. At the federal level and in almost every state, jurisprudence operates on a common law system. State courts conduct most criminal trials; federal courts handle certain designated crimes as well as certain appeals from the state systems. Federal law prohibits a variety of drugs, although states sometimes pass laws in conflict with federal regulations. The smoking age is generally 18 and the drinking age is generally 21.

Among developed nations, the United States has above-average levels of violent crime and particularly high levels of gun violence and homicide. There were 5.0 murders per 100,000 persons in 2009, 10.4% fewer than in 2000. Gun ownership rights are the subject of contentious political debate.

The United States has the highest documented incarceration rate and total prison population in the world. At the start of 2008, more than 2.3 million people were incarcerated, more than one in every 100 adults. The current rate is about seven times the 1980 figure, and over three times the figure in Poland, the Organisation for Economic Co-operation and Development (OECD) country with the next highest rate. African American males are jailed at about six times the rate of white males and three times the rate of Hispanic males. The country's high rate of incarceration is largely due to sentencing and drug policies.

Though it has been abolished in most Western nations, capital punishment is sanctioned in the United States for certain federal and military crimes, and in thirty-four states. Since 1976, when the U.S. Supreme Court reinstated the death penalty after a four-year moratorium, there have been more than 1,000 executions. In 2010, the country had the fifth highest number of executions in the world, following China, Iran, North Korea, and Yemen. In 2007, New Jersey became the first state to legislatively abolish the death penalty since the 1976 Supreme Court decision, followed by New Mexico in 2009 and Illinois in 2011

Economy

The United States has a capitalist mixed economy, which is fueled by abundant natural resources, a well-developed infrastructure, and high productivity. According to the International Monetary Fund, the U.S. GDP of $15 trillion constitutes 23% of the gross world product at market exchange rates and over 20% of the gross world product at purchasing power parity (PPP). Though larger than any other nation's, its national GDP is about 5% smaller than the GDP of the European Union at PPP in 2008. The country ranks ninth in the world in nominal GDP per capita and sixth in GDP per capita at PPP. The U.S. dollar is the world's primary reserve currency.

The United States is the largest importer of goods and third largest exporter, though exports per capita are relatively low. In 2008, the total U.S. trade deficit was $696 billion. Canada, China, Mexico, Japan, and Germany are its top trading partners. In 2007, vehicles constituted both the leading import and leading export commodity. China is the largest foreign holder of U.S. public debt.

In 2009, the private sector was estimated to constitute 55.3% of the economy, with federal government activity accounting for 24.1% and state and local government activity (including federal transfers) the remaining 20.6%. While its economy has reached a postindustrial level of development and its service sector constitutes 67.8% of GDP, the United States remains an industrial power. The leading business field by gross business receipts is wholesale and retail trade; by net income it is manufacturing. Chemical products are the leading manufacturing field. The United States is the third largest producer of oil in the world, as well as its largest importer. It is the world's number one producer of electrical and nuclear energy, as well as liquid natural gas, sulfur, phosphates, and salt. While agriculture accounts for just under 1% of GDP, the United States is the world's top producer of corn and soybeans. Coca-Cola and McDonald's are the two most recognized brands in the world.

In August 2010, the American labor force comprised 154.1 million people. With 21.2 million people, government is the leading field of employment. The largest private employment sector is health care and social assistance, with 16.4 million people. About 12% of workers are unionized, compared to 30% in Western Europe. The World Bank ranks the United States first in the ease of hiring and firing workers. In 2009, the United States had the third highest labor productivity per person in the world, behind Luxembourg and Norway. It was fourth in productivity per hour, behind those two countries and the Netherlands. Compared to Europe, U.S. property and corporate income tax rates are generally higher, while labor and, particularly, consumption tax rates are lower.

According to the United States Census Bureau, the pretax median household income in 2010 was $49,445. The median ranged from $64,308 among Asian American households to $32,068 among African American households. Using purchasing power parity exchange rates, the overall median is similar to the most affluent cluster of developed nations. After declining sharply during the middle of the 20th century, poverty rates have plateaued since the early 1970s, with 11–15% of Americans below the poverty line every year, and 58.5% spending at least one year in poverty between the ages of 25 and 75. In 2010, 46.2 million Americans lived in poverty, a figure that rose for the fourth year in a row.

The U.S. welfare state is one of the least extensive in the developed world, reducing both relative poverty and absolute poverty by considerably less than the mean for rich nations, though combined private and public social expenditures per capita are relatively high. While the American welfare state effectively reduces poverty among the elderly, it provides relatively little assistance to the young. A 2007 UNICEF study of children's well-being in twenty-one industrialized nations ranked the United States next to last.

Between 1947 and 1979, real median income rose by over 80% for all classes, with the incomes of poor Americans rising faster than those of the rich. However, income gains since then have been slower, less widely shared, and accompanied by increased economic insecurity. Median household income has increased for all classes since 1980, largely owing to more dual-earner households, the closing of the gender gap, and longer work hours, but the growth has been strongly tilted toward the very top. Consequently, the share of income of the top 1%—21.8% of total reported income in 2005—has more than doubled since 1980, leaving the United States with the greatest income inequality among developed nations. The top 1% pays 27.6% of all federal taxes, while the top 10% pays 54.7%. Wealth, like income, is highly concentrated: The richest 10% of the adult population possesses 69.8% of the country's household wealth, the second-highest share among developed nations. The top 1% possesses 33.4% of net wealth. In 2010 the United Nations Development Programme ranked the United States 12th among 139 countries on its inequality-adjusted human development index (IHDI), eight places lower than in the standard HDI.

The United States energy market is 29,000 terawatt hours per year. Energy consumption per capita is 7.8 tons of oil equivalent per year, the 10th highest rate in the world. In 2005, 40% of this energy came from petroleum, 23% from coal, and 22% from natural gas. The remainder was supplied by nuclear power and renewable energy sources. The United States is the world's largest consumer of petroleum. For decades, nuclear power has played a limited role relative to many other developed countries, in part due to public perception in the wake of a 1979 accident. In 2007, several applications for new nuclear plants were filed. The United States has 27% of global coal reserves.

Uruguay

SOUTH AMERICA

Situated in southeastern South America, Uruguay returned to civilian government in 1985, after 12 years of military rule. Most land is used for farming: Uruguay is a major wool exporter.

OFFICIAL NAME: Eastern Republic of Uruguay
DATE OF FORMATION: 1828
CAPITAL: Montevideo
POPULATION: 3.49 million
TOTAL AREA: 68,039 sq. miles (176,220 sq. km)
DENSITY: 50 people per sq. mile
LANGUAGES: Spanish*
RELIGIONS: Roman Catholic 66%, other 30%, Jewish 2%, Protestant 2%
ETHNIC MIX: White 90%, Mestizo 6%, Black 4%
GOVERNMENT: Presidential system
CURRENCY: Urug. peso = 100 centésimos

Geography

At 176,214 km^2 (68,037 sq mi) of continental land 142,199 km^2 (54,903 sq mi) of jurisdictional water and small river islands, Uruguay is the second smallest sovereign nation in South America (after Suriname) and the third smallest territory (French Guiana is the smallest). The landscape features mostly rolling plains and low hill ranges (cuchillas) with a fertile coastal lowland.

A dense fluvial network covers the country, consisting of four river basins or deltas; the Río de la Plata, the Uruguay River, the Laguna Merín and the Río Negro. The major internal river is the Río Negro ('black river'). Several lagoons are found along the Atlantic coast.The highest point in the country is the Cerro Catedral whose peak reaches to 514 metres (1,686 ft) AMSL in the Sierra Carapé hill range. To the southwest is the Río de Plata, the estuary of the Uruguay River which forms the western border, and the Paraná River.

Montevideo is the southernmost capital city in the Americas, and the third most southerly in the world (only Canberra and Wellington are further south).Uruguay has 660 km of coastline.There are nine National Parks in Uruguay. Five in the wetland areas of the east, three in the central hill country and one in the west along the Rio Uruguay.

Climate

Uruguay's climate is relatively mild. Located entirely within the temperate zone Uruguay has a climate that is fairly uniform nationwide. Seasonal variations are pronounced, but extremes in temperature are rare. As would be expected by its abundance of water, high humidity and fog are common. The absence of mountains, which act as weather barriers, makes all locations vulnerable to high winds and rapid changes in weather as fronts or storms sweep across the country. Both summer and winter weather may vary from day to day with the passing of storm fronts where a hot northerly wind may occasionally be followed by a cold wind (pampero) from the Argentine Pampas.

Uruguay has a largely uniform temperature throughout the year, summer being tempered by winds off the Atlantic, and severe cold in winter is unknown. The heaviest precipitation occurs during the autumn months, although more frequent rainy spells occur in winter. The mean annual precipitation is generally greater than 40 inches (1,000 mm), decreasing with distance from the sea coast, and is relatively evenly distributed throughout the year.

The average temperature for the mid-winter month of July varies from 12 °C (54 °F) at Salto in the northern interior to 9 °C (48 °F) at Montevideo in the south. The midsummer month of January varies from a warm average of 26 °C (79 °F) at Salto to 22 °C (72 °F) at Montevideo. National extreme temperatures at sea level are, Paysandú city 44 °C (111 °F) (20 January 1943) and Melo city −11 °C (12.2 °F) (14 June 1967).

People & Society

Uruguayans are largely second-or third-generation Italians or Spaniards. Wealth derived from cattle ranching enabled the country to establish the first welfare state in South America. Despite economic decline since the 1950s, a large, if less prosperous, middle class remains. Though a Roman Catholic country, Uruguay is liberal in its attitude to religion and all forms are tolerated.

The rates of birth and population growth in Uruguay are much lower than in other Latin American countries. Uruguay's population is quite mature as a result of the low birth rate, high life expectancy, and relatively high rate of emigration of younger people. A quarter of the population are less than 15 years old and about a sixth are aged 60 and older.

Metropolitan Montevideo is the only large city and has around 1.3 million inhabitants. The rest of the urban population lives in about 20 towns. Uruguay is less densely populated than Argentina and Brazil although the neighbouring regions of southern Brazil and north eastern Argentina have roughly comparable population densities.

Economy

Uruguay experienced a major economic and financial crisis between 1999 and 2002, principally a spillover effect from the economic problems of Argentina. The economy contracted by 11% and unemployment climbed to 21%. Despite the severity of the trade shocks Uruguay's financial indicators remained more stable than those of its neighbours, a reflection of its solid reputation among investors and its investment-grade sovereign bond rating, one of only two in South America.

In 2004 the Vázquez government signed a three-year $1.1 billion stand-by arrangement with the International Monetary Fund, committing the country to a substantial primary fiscal surplus, low inflation, considerable reductions in external debt and several structural reforms designed to improve competitiveness and attract foreign investment. Uruguay terminated the agreement in 2006 following the early repayment of its debt, but maintained a number of the policy commitments.

Vázquez also created the "Ministry of Social Development" and sought to reduce the country's poverty rate with a $240 million National Plan to Address the Social Emergency (PANES), that provided a monthly conditional cash transfer of approximately $75 to over 100,000 households in extreme poverty. In exchange, those receiving the benefits were required to participate in community work, ensure that their children attended school daily and had regular health check-ups.

In 2005 Uruguay was the first exporter of software in South America. The Frente Amplio government, while continuing payments on Uruguay's external debt, also undertook an emergency plan to attack the widespread problems of poverty and unemployment. The economy grew at an annual rate of 6.7% during the 2004–2008 period. Uruguay's exports markets have been diversified in order to reduce dependency on Argentina and Brazil. Poverty was reduced from 33% in 2002 to 21.7% in July 2008, while extreme poverty dropped from 3.3% to 1.7%, respectively.

Between the years 2007 and 2009 Uruguay was the only country in the Americas which did not technically experience a recession (two consecutive downwards quarters). Unemployment reached a record low of 5.4% in December 2010 before rising to 6.1% in January 2011. Low unemployment has caused a rise in inflationary pressures, although Uruguay's GDP expanded by 10.4% for the first half of 2010. According to IMF estimates, Uruguay is likely to achieve growth in real GDP of between 8% and 8.5% in 2010, followed by 5% growth in 2011 and 4% in subsequent years. The gross public sector debt contracted in the second quarter of 2010, after five consecutive periods of sustained increase, reached 21.885 billion US dollars, equivalent to 59.5% of the GDP.

In 2010 Uruguay's export-oriented agricultural sector contributed to 9.3% of the GDP, and employed a 13% of the workforce. Official statistics from Uruguay's Agriculture and Livestock Ministry indicate that meat and sheep farming in Uruguay occupies 59.6% of the land. The percentage further increases to 82.4% when cattle breeding is linked to other farm activities such as dairy, forage and rotation with crops such as rice. Agriculture produces 70% of Uruguayan exports.

Most farms are family managed (25,500 out of 39,120) and beef and wool represent the main activities and main source of income for 65% of them followed by vegetable farming at 12%, dairy farming at 11%, hogs at 2% and poultry at 2%. Beef is the main export commodity of the country totalling over a billion U.S. dollars in 2006.

In 2007 Uruguay had cattle herds totalling 12 million head, making it the country with the highest number of cattle per capita at 3.8. However, 54% of the total number of cattle is in the hands of 11% of farmers who have a minimum of 500 head. At the other extreme 38% of farmers exploit small lots and have cattle herds averaging below a hundred head.

Uzbekistan

ASIA

Sharing what is left of the Aral Sea with its neighbor, Kazakhstan, Uzbekistan lies on the ancient Silk Road between Asia and Europe. It is the most populous central Asian republic.

OFFICIAL NAME: Republic of Uzbekistan
DATE OF FORMATION: 1991
CAPITAL: Tashkent
POPULATION: 27.6 million
TOTAL AREA: 172,741 sq. miles (447,400 sq. km)
DENSITY: 159 people per sq. mile
LANGUAGES: Spanish*
RELIGIONS: Sunni Muslim 88%, Orthodox Christian 9%, other 3%
ETHNIC MIX: Uzbek 80%, other 6%, Russian 6%, Tajik 5%, Kazakh 3%
GOVERNMENT: Presidential system
CURRENCY: Som = 100 tiyin

Geography

Uzbekistan is a country of Central Asia, located north of Turkmenistan and Afghanistan. With an area of 447,000 square kilometers (approximately the size of Spain or California), Uzbekistan stretches 1,425 kilometers from west to east and 930 kilometers from north to south. Bordering Turkmenistan to the southwest, Kazakstan to the north, and Tajikistan and Kyrgyzstan to the south and east, Uzbekistan is not only one of the larger Central Asian states but also the only Central Asian state to border all of the other four. Uzbekistan also shares a short border with Afghanistan to the south. As the Caspian Sea is an inland sea with no direct link to the oceans, Uzbekistan is one of only two "doubly landlocked" countries—countries completely surrounded by other landlocked countries. The other is Liechtenstein.

he physical environment of Uzbekistan is diverse, ranging from the flat, desert topography that comprises almost 80% of the country's territory to mountain peaks in the east reaching about 4,500 metres (14,800 ft) above sea level. The southeastern portion of Uzbekistan is characterized by the foothills of the Tian Shan mountains, which rise higher in neighboring Kyrgyzstan and Tajikistan and form a natural border between Central Asia and China. The vast Qizilqum (Turkic for "red sand"--Russian spelling Kyzyl Kum) Desert, shared with southern Kazakhstan, dominates the northern lowland portion of Uzbekistan. The most fertile part of Uzbekistan, the Fergana Valley, is an area of about 21,440 square kilometres (8,280 sq mi) directly east of the Qizilqum and surrounded by mountain ranges to the north, south, and east. The western end of the valley is defined by the course of the Syr Darya, which runs across the northeastern sector of Uzbekistan from southern Kazakhstan into the Qizilqum. Although the Fergana Valley receives just 100 to 300 millimetres (3.9 to 12 in) of rainfall per year, only small patches of desert remain in the center and along ridges on the periphery of the valley.

Water resources, which are unevenly distributed, are in short supply in most of Uzbekistan. The vast plains that occupy two-thirds of Uzbekistan's territory have little water, and there are few lakes. The two largest rivers feeding Uzbekistan are the Amu Darya and the Syr Darya, which originate in the mountains of Tajikistan and Kyrgyzstan, respectively. These rivers form the two main river basins of Central Asia; they are used primarily for irrigation, and several artificial canals have been built to expand the supply of arable land in the Fergana Valley and elsewhere. A shallow lake, Sarygamysh Lake, sits on the border with Turkmenistan.

Another important feature of Uzbekistan's physical environment is the significant seismic activity that dominates much of the country. Indeed, much of Uzbekistan's capital city, Tashkent, was destroyed in a major earthquake in 1966, and other earthquakes have caused significant damage before and since the Tashkent disaster. The mountain areas are especially prone to earthquakes.

Climate

Uzbekistan's climate is classified as continental, with hot summers and cool winters. Summer temperatures often surpass 40 °C (104 °F); winter temperatures average about −2 °C (28 °F), but may fall as low as −40 °C (−40 °F). Most of the country also is quite arid, with average annual rainfall amounting to between 100 and 200 millimeters (3.9 and 7.9 in) and occurring mostly in winter and spring. Between July and September, little precipitation falls, essentially stopping the growth of vegetation during that period.

People & Society

Complex ethnic makeup. Ex-Communists are in firm control, but traditional social patterns based on clan, religion, and region have reemerged. Constitutional measures aim to control the influence of Islam: activities against Islamists have drawn international condemnation. Most people live in the fertile east. Birth rates are high, and the status of women continues to be low.

There is some controversy about the percentage of the Tajik population. While official state numbers from Uzbekistan put the number at 5%, the number is said to be an understatement and some Western scholars put the number up to 20%–30%. The Uzbeks absorbed, among others, the Sarts, a Turko-Persian population of Central Asian peasants and merchants. According to recent genetic genealogy testing from a University of Oxford study, the genetic admixture of the Uzbeks clusters somewhere between the Mongols and the Iranian peoples.

Uzbekistan has an ethnic Korean population that was forcibly relocated to the region by Stalin from the Soviet Far East in 1937–1938. There are also small groups of Armenians in Uzbekistan, mostly in Tashkent and Samarkand. The nation is 88% Muslim (mostly Sunni, with a 5% Shi'a minority), 9% Eastern Orthodox and 3% other faiths. The U.S. State Department's International Religious Freedom Report 2004 reports that 0.2% of the population are Buddhist (these being ethnic Koreans). The Bukharan Jews have lived in Central Asia, mostly in Uzbekistan, for thousands of years. There were 94,900 Jews in Uzbekistan in 1989 (about 0.5% of the population according to the 1989 census), but now, since the dissolution of the Soviet Union, most Central Asian Jews left the region for the United States or Israel. Fewer than 5,000 Jews remained in Uzbekistan in 2007.

During the Soviet period, Russians and Ukrainians constituted more than half the population of Tashkent. The country counted nearly 1.5 million Russians, 12.5% of the population, in the 1970 census. After the dissolution of the Soviet Union, significant emigration of ethnic Russians has taken place, mostly for economic reasons.

In the 1940s, the Crimean Tatars, along with the Germans, Chechens, Greeks, Turks, Kurds and many other nationalities were deported to Central Asia. Approximately 100,000 Crimean Tatars continue to live in Uzbekistan. The number of Greeks in Tashkent has decreased from 35,000 in 1974 to about 12,000 today. The majority of Meskhetian Turks left Uzbekistan after 1989.

At least 10% of Uzbekistan's labour force works abroad (mostly in Russia and Kazakhstan).

Uzbekistan has a 99.3% literacy rate among adults older than 15 (2003 estimate), which is attributable to the free and universal education system of the Soviet Union.

Economy

Along with many Commonwealth of Independent States economies, Uzbekistan's economy declined during the first years of transition and then recovered after 1995, as the cumulative effect of policy reforms began to be felt. It has shown robust growth, rising by 4% per year between 1998 and 2003 and accelerating thereafter to 7%–8% per year. According to IMF estimates, the GDP in 2008 will be almost double its value in 1995 (in constant prices). Since 2003 annual inflation rates averaged less than 10%.

Uzbekistan has a very low GNI per capita (US$610 in current dollars in 2006, giving a PPP equivalent of US$2,250). By GNI per capita in PPP equivalents Uzbekistan ranks 169 among 209 countries; among the 12 CIS countries, only Kyrgyzstan and Tajikistan had lower GNI per capita in 2006. Economic production is concentrated in commodities: Uzbekistan is now the world's sixth-largest producer and second-largest exporter of cotton, as well as the seventh largest world producer of gold. It is also a regionally significant producer of natural gas, coal, copper, oil, silver and uranium.

Agriculture employs 28% of Uzbekistan's labour force and contributes 24% of its GDP (2006 data). While official unemployment is very low, underemployment – especially in rural areas – is estimated to be at least 20%. Still, at cotton-harvest time, all students and teachers are mobilized and enslaved as unpaid labour to help in the fields. The use of child labour in Uzbekistan has led several companies, including Tesco, C&A, Marks & Spencer, Gap, and H&M, to boycott Uzbek cotton.

Facing a multitude of economic challenges upon acquiring independence, the government adopted an evolutionary reform strategy, with an emphasis on state control, reduction of imports and self-sufficiency in energy. Since 1994, the state-controlled media have repeatedly proclaimed the success of this "Uzbekistan Economic Model" and suggested that it is a unique example of a smooth transition to the market economy while avoiding shock, pauperism and stagnation.

The gradualist reform strategy has involved postponing significant macroeconomic and structural reforms. The state in the hands of the bureaucracy has remained a dominant influence in the economy. Corruption permeates the society and grows more rampant over time: Uzbekistan's 2005 Corruption Perception Index was 137 out of 159 countries, whereas in 2007 Uzbekistan was 175th out of 179 countries. A February 2006 report on the country by the International Crisis Group suggests that revenues earned from key exports, especially cotton, gold, corn and increasingly gas, are distributed among a very small circle of the ruling elite, with little or no benefit for the populace at large.

According to the Economist Intelligence Unit, "the government is hostile to allowing the development of an independent private sector, over which it would have no control". Thus, the middle class is marginalised economically and, consequently, politically.

The economic policies have repelled foreign investment, which is the lowest per capita in the CIS. For years, the largest barrier to foreign companies entering the Uzbekistan market has been the difficulty of converting currency. In 2003, the government accepted the obligations of Article VIII under the International Monetary Fund. providing for full currency convertibility. However, strict currency controls and the tightening of borders have lessened the effect of this measure.

Uzbekistan experienced rampant inflation of around 1000% per year immediately after independence (1992–1994). Stabilisation efforts implemented with guidance from the IMF paid off. The inflation rates were brought down to 50% in 1997 and then to 22% in 2002. Since 2003 annual inflation rates averaged less than 10%. Tight economic policies in 2004 resulted in a drastic reduction of inflation to 3.8% (although alternative estimates based on the price of a true market basket, put it at 15%). The inflation rates moved up to 6.9% in 2006 and 7.6% in 2007 but have remained in the single-digit range.

The government of Uzbekistan restricts foreign imports in many ways, including high import duties. Excise taxes are applied in a highly discriminatory manner to protect locally produced goods. Official tariffs are combined with unofficial, discriminatory charges resulting in total charges amounting to as much as 100 to 150% of the actual value of the product, making imported products virtually unaffordable. Import substitution is an officially declared policy and the government proudly reports a reduction by a factor of two in the volume of consumer goods imported. A number of CIS countries are officially exempt from Uzbekistan import duties.

The Republican Stock Exchange (RSE) 'Tashkent' opened in 1994. It houses a securities exchange, real estate traders, the national investment fund and the national securities depositary. It does not trade all joint-stock companies each month, and therefore market capitalisation varies widely.

Uzbekistan's external position has been strong since 2003. Thanks in part to the recovery of world market prices of gold and cotton (the country's key export commodities), expanded natural gas and some manufacturing exports, and increasing labour migrant transfers, the current account turned into a large surplus (between 9% and 11% of GDP from 2003 to 2005) and foreign exchange reserves, including gold, more than doubled to around US$3 billion.

Vanuatu

AUSTRALASIA & OCEANIA

An archipelago of 82 islands and islets in the South Pacific, Vanuatu was ruled jointly by the UK and France from 1906 until independence in 1980. Politics is democratic but volatile.

OFFICIAL NAME: Republic of Vanuatu
DATE OF FORMATION: 1980
CAPITAL: Port Vila
POPULATION: 224,564
TOTAL AREA: 4710 sq. miles (12,200 sq. km)
DENSITY: 51 people per sq. mile
LANGUAGES: Bislama*, English*, French*
RELIGIONS: Presbyterian 37%, other 25%, Anglican 15%, Roman Catholic 15%, traditional beliefs 8%
ETHNIC MIX: Melanesian 98%, European 1%, other 1%
GOVERNMENT: Parliamentary system
CURRENCY: Vatu = 100 centimes

Geography

Vanuatu is an island archipelago consisting of approximately 82 relatively small, geologically newer islands of volcanic origin (65 of them inhabited), with about 800 miles (1,300 km) north to south distance between the outermost islands. Two of these islands (Matthew and Hunter) are also claimed by the French overseas department of New Caledonia. Fourteen of Vanuatu's islands have surface areas of more than 100 square kilometres (39 sq mi). The country lies between latitudes 13° and 21°S, and longitudes 166° and 171°E.

From largest to smallest, these are Espiritu Santo, Malakula, Efate, Erromango, Ambrym, Tanna, Pentecost, Epi, Ambae or Aoba, Vanua Lava, Gaua, Maewo, Malo, and Anatom or Aneityum. The nation's largest towns are the capital Port Vila, situated on Efate, and Luganville on Espiritu Santo. The highest point in Vanuatu is Mount Tabwemasana, at 1,879 metres (6,165 ft), on the island of Espiritu Santo.

Vanuatu's total area is (roughly 12,274 square kilometres (4,739 sq mi)) of which its land base is very limited (roughly 4,700 square kilometres (1,800 sq mi)); most of the islands are steep, with unstable soils, and little permanent freshwater. One estimate (2005) is only 9% of land is used for agriculture (7% permanent crops, 2% arable land). The shoreline is usually rocky with fringing reefs and no continental shelf, dropping rapidly into the ocean depths.

There are several active volcanoes in Vanuatu, including Lopevi, as well as several underwater ones. Volcanic activity is common with an ever-present danger of a major eruption; a recent nearby undersea eruption of 6.4 magnitude occurred in November 2008 with no casualties, and an eruption occurred in 1945. Vanuatu is recognised as a distinct terrestrial ecoregion, known as the Vanuatu rain forests. It is part of the Australasia ecozone, which includes New Caledonia, the Solomon Islands, Australia, New Guinea, and New Zealand.

Vanuatu's growing population (estimated in 2008 at 2.4 percent annually) is placing increased pressure on local resources for agriculture, grazing, hunting, and fishing. Some 90 percent of Ni-Vanuatu households fish and consume fish, which has caused intense fishing pressure near villages and the depletion of near-shore fish species. While well vegetated, most islands also show signs of deforestation. They have been logged (particularly of higher-value timber), subjected to wide-scale slash-and-burn agriculture, converted to coconut plantations and cattle ranches, and show evidence of increased soil erosion and landslides.

Freshwater is becoming increasingly scarce and many upland watersheds are being deforested and degraded. Proper waste disposal and water and air pollution are also increasingly troublesome issues around urban areas and large villages. Additionally, the lack of employment opportunities in industry and urban areas and inaccessibility to markets have combined to lock rural families into a subsistence or self-reliance mode, putting tremendous pressure on local ecosystems.

Climate

The climate is sub-tropical with approximately nine months of warm to hot rainy weather and the possibility of cyclones and three to four months of cooler drier weather characterized by winds from the southeast. The water temperature ranges from 72 °F (22 °C) in winter to 82 °F (28 °C) in the summer. Cool between April and September, the days become hotter and more humid starting in October. The daily temperature ranges from 68 °F (20 °C) to 90 °F (32 °C). Southeasterly trade winds occur from May to October.

Vanuatu has a long rainy session, with significant rainfall usually occurring almost every month. The wettest and hottest months are December through April, which also constitute the cyclone season. The driest months are June through November. Rainfall averages about 2,360 millimetres (93 in) per year but can be as high as 4,000 millimetres (160 in) in the northern islands.

People & Society

Indigenous Melanesians form a majority. Ni-Vanuatu culture is traditional; local social and religious customs are strong, despite centuries of missionary influence. Subsistence farming and fishing are the main activities. 80% of the population lives on the 12 main islands. Women have lower social status than men and payment of bride-price is common.

Vanuatu culture retains a strong diversity through local regional variations and through foreign influence. Vanuatu may be divided into three major cultural regions. In the north, wealth is established by how much one can give away. Pigs, particularly those with rounded tusks, are considered a symbol of wealth throughout Vanuatu. In the centre, more traditional Melanesian cultural systems dominate. In the south, a system involving grants of title with associated privileges has developed.

Young men undergo various coming-of-age ceremonies and rituals to initiate them into manhood, usually including circumcision.

Most villages have a nakamal or village clubhouse which serves as a meeting point for men and as a place to drink kava. Villages also have male and female-only sections. These sections are situated all over the villages; in nakamals, special spaces are provided for females when they are in their menstruation period.

Economy

The four mainstays of the economy are agriculture, tourism, offshore financial services, and cattle raising. There is substantial fishing activity, although this industry does not bring in much foreign exchange. Exports include copra, kava, beef, cocoa, and timber, and imports include machinery and equipment, foodstuffs, and fuels. In contrast, mining activity is unsubstantial. While manganese mining halted in 1978, there was an agreement in 2006 to export manganese already mined but not yet exported. The country has no known petroleum deposits. A small light-industry sector caters to the local market. Tax revenues come mainly from import duties and a 12.5 percent VAT on goods and services. Economic development is hindered by dependence on relatively few commodity exports, vulnerability to natural disasters, and long distances between constituent islands and from main markets.

Agriculture is used primarily for consumption as well as for export. It provides a living for 65% of the population. In particular, production of copra and kava create substantial revenue. Many farmers have been abandoning cultivation of food crops, and use earnings from kava cultivation to buy food. Kava has also been used in ceremonial exchanges between clans and villages. Cocoa is also grown for foreign exchange. In 2007, the number of households engaged in fishing was 15,758, mainly for consumption (99%), and the average number of weekly fishing trips was 3. The tropical climate enables growing of a wide range of fruits and vegetables and spices, including banana, garlic, cabbage, peanuts, pineapples, sugarcane, taro, yams, watermelons, leaf spices, carrots, radishes, eggplants, vanilla (both green and cured), pepper, cucumber, and many others. In 2007, the value (in terms of millions of vatu – the official currency of Vanuatu), for agricultural products, was estimated for different products: kava (341 million vatu), copra (195), cattle (135), crop gardens (93), cocoa (59), forestry (56), fishing (24), coffee (12).

Tourism brings in much-needed foreign exchange. Vanuatu is widely recognized as one of the premier vacation destinations for scuba divers wishing to explore coral reefs of the South Pacific region. Tourism increased 17% from 2007 to 2008 to reach 196,134 arrivals, according to one estimate. The 2008 total is a sharp increase from 2000, in which there were only 57,000 visitors (of these, 37,000 were from Australia, 8,000 from New Zealand, 6,000 from New Caledonia, 3,000 from Europe, 1,000 from North America, 1,000 from Japan. (Note: figures rounded to the nearest thousand). Tourism has been promoted, in part, by Vanuatu being the site of several reality-TV shows. The ninth season of the reality TV series Survivor was filmed on Vanuatu, entitled Survivor: Vanuatu—Islands of Fire. Two years later, Australia's Celebrity Survivor was filmed at the same location used by the U.S. version. In mid-2002, the government stepped up efforts to boost tourism.

Financial services are an important part of the economy. Vanuatu is a tax haven that until 2008 did not release account information to other governments or law-enforcement agencies. International pressure, mainly from Australia, influenced the Vanuatu government to begin adhering to international norms to improve transparency. In Vanuatu, there is no income tax, withholding tax, capital gains tax, inheritance tax, or exchange control. Many international ship-management companies choose to flag their ships under the Vanuatu flag, because of the tax benefits and favorable labor laws (Vanuatu is a full member of the International Maritime Organization and applies its international conventions). Vanuatu is recognized as one of the largest and most notorious "flag of convenience" countries. Several file-sharing groups, such as the providers of the KaZaA network of Sharman Networks and the developers of WinMX, have chosen to incorporate in Vanuatu to avoid regulation and legal challenges. In response to foreign concerns the government has promised to tighten regulation of its offshore financial centre. Vanuatu receives foreign aid mainly from Australia and New Zealand.

Cattle raising leads to beef production for export. One estimate in 2007 for the total value of cattle heads sold was 135 million vatu; cattle were first introduced into the area from Australia by British planter James Paddon. On average, each household has 5 pigs and 16 chickens, and while cattle are the "most important livestock", pigs and chickens are important for subsistence agriculture as well as playing a significant role in ceremonies and customs (especially pigs). There are 30 commercial farms (sole proprietorships (37%), partnerships (23%), corporations (17%), with revenues of 533 million vatu and expenses of 329 million vatu in 2007.

Earthquakes can negatively affect economic activity on the island nation. A severe earthquake in November 1999, followed by a tsunami, caused extensive damage to the northern island of Pentecost, leaving thousands homeless. Another powerful earthquake in January 2002 caused extensive damage in the capital, Port Vila, and surrounding areas, and was also followed by a tsunami. Another earthquake of 7.2 struck on 2 August 2007.

The Vanuatu National Statistics Office (VNSO) released their 2007 agricultural census in 2008. According to the study, agricultural exports make up about three-quarters (73%) of all exports; 80% of the population lives in rural areas where "agriculture is the main source of their livelihood"; and of these households, almost all (99%) engaged in agriculture, fisheries and forestry. Total annual household income was 1,803 millions of vatu. Of this income, agriculture grown for their own household use was valued at 683 million vatu, agriculture for sale at 561, gifts received at 38, handicrafts at 33, fisheries (for sale) at 18. The largest expenditure by households was food 300 million vatu, followed by household appliances and other necessities (79 million vatu), transportation (59), education and services (56), housing (50), alcohol and tobacco (39), clothing and footwear (17). Exports were valued at 3,038 million vatu, and included copra (485), kava (442), cocoa (221), beef (fresh and chilled) (180), timber (80), fish (live fish, aquarium, shell, button) (28). Total imports of 20,472 million vatu included industrial materials (4,261), food and drink (3,984), machinery (3,087), consumer goods (2,767), transport equipment (2,125), fuels and lubricants (187) and other imports (4,060). There are substantial numbers of crop gardens – 97,888 in 2007 – many on flat land (62%), slightly hilly slope (31%), and even on steep slopes (7%); there were 33,570 households with at least one crop garden, and of these, 10.788 households sold some of these crops over a twelve month period.

The economy grew about 6% in the early 2000s. This is higher than in the 1990s, when GDP rose less than 3%, on average.

One report from the Manila-based Asian Development Bank about Vanuatu's economy gave mixed reviews. It noted the economy was "expanding", noting that the economy grew at an impressive 5.9% rate from 2003 to 2007, and lauded "positive signals regarding reform initiatives from the government in some areas" but described certain binding constraints such as "poor infrastructure services". Since a private monopoly generates power, "electricity costs are among the highest in the Pacific" among developing countries. The report also cited "weak governance and intrusive interventions by the State" which reduced productivity.

Vanuatu was ranked the 173rd safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.

Vatican City

EUROPE

The Vatican City, or Holy See, the seat of the Roman Catholic Church, is a walled enclave in the Italian city of Rome. It is the world's smallest fully independent state.

OFFICIAL NAME: State of the Vatican City
DATE OF FORMATION: 1929
CAPITAL: Vatican City
POPULATION: 829
TOTAL AREA: 0.17 sq. miles (0.44 sq. km)
DENSITY: 4706 people per sq. mile
LANGUAGES: Italian*, Latin*
RELIGIONS: Roman Catholic 100%
ETHNIC MIX: Cardinals are from many nationalities, but Italians form the largest group. The current pope is from Germany.
GOVERNMENT: Papal state
CURRENCY: Euro = 100 cents

Geography

The Vatican climate is the same as Rome's; a temperate, Mediterranean climate with mild, rainy winters from September to mid-May and hot, dry summers from May to August. There are some local features, principally mists and dews, caused by the anomalous bulk of St Peter's Basilica, the elevation, the fountains and the size of the large paved square.

The Vatican City is the world's smallest state, being only around 44 ha (110 acres).

In July 2007, the Vatican agreed to become the first carbon neutral state. They plan to accomplish this by offsetting carbon dioxide emissions with the creation of a Vatican Climate Forest in Hungary.

The name "Vatican" predates Christianity and comes from the Latin Mons Vaticanus, meaning Vatican Mount. The territory of Vatican City is part of the Mons Vaticanus, and of the adjacent former Vatican Fields. It is in this territory that St. Peter's Basilica, the Apostolic Palace, the Sistine Chapel, and museums were built, along with various other buildings. The area was part of the Roman rione of Borgo until 1929. Being separated from the city, on the west bank of the Tiber river, the area was an outcrop of the city that was protected by being included within the walls of Leo IV (847–55), and later expanded by the current fortification walls, built under Paul III (1534–49), Pius IV (1559–65) and Urban VIII (1623–44).

When the Lateran Treaty of 1929 that gave the state its present form was being prepared, the boundaries of the proposed territory were influenced by the fact that much of it was all but enclosed by this loop. For some tracts of the frontier, there was no wall, but the line of certain buildings supplied part of the boundary, and for a small part of the frontier a modern wall was constructed.

The territory includes St. Peter's Square, distinguished from the territory of Italy only by a white line along the limit of the square, where it touches Piazza Pio XII. St. Peter's Square is reached through the Via della Conciliazione which runs from close to the Tiber River to St. Peter's. This grand approach was constructed by Benito Mussolini after the conclusion of the Lateran Treaty.

According to the Lateran Treaty, certain properties of the Holy See that are located in Italian territory, most notably Castel Gandolfo and the major basilicas, enjoy extraterritorial status similar to that of foreign embassies. These properties, scattered all over Rome and Italy, house essential offices and institutions necessary to the character and mission of the Holy See. Castel Gandolfo and the named basilicas are patrolled internally by police agents of Vatican City State and not by Italian police. St. Peter's Square is ordinarily policed jointly by both.

Climate

Mild winters with regular rainfall. Hot, dry summers with occasional thunderstorms.

People & Society

The Vatican has about 800 permanent inhabitants, including over 100 lay persons. Thousands of lay staff are also employed. Citizenship can be acquired through long-term residence and holding a position within the City. The reigning pope has supreme legislative and judicial powers, and holds office for life. Though the Vatican City is officially neutral, papal opinion has a great influence on the world's 1.1 billion Roman Catholics.

Vatican City is home to some of the most famous art in the world. St. Peter's Basilica, whose successive architects include Bramante, Michelangelo, Giacomo della Porta, Maderno and Bernini is a renowned work of Renaissance architecture. The Sistine Chapel is famous for its frescos, which include works by Perugino, Domenico Ghirlandaio and Botticelli as well as the ceiling and Last Judgement by Michelangelo. Artists who decorated the interiors of the Vatican include Raphael and Fra Angelico.

The Vatican Library and the collections of the Vatican Museums are of the highest historical, scientific and cultural importance. In 1984, the Vatican was added by UNESCO to the List of World Heritage Sites; it is the only one to consist of an entire state. Furthermore, it is the only site to date registered with the UNESCO as a centre containing monuments in the "International Register of Cultural Property under Special Protection" according to the 1954 Hague Convention for the Protection of Cultural Property in the Event of Armed Conflict.

Economy

The Vatican City State budget includes the Vatican museums and post office and is supported financially by the sale of stamps, coins, medals and tourist mementos; by fees for admission to museums; and by publications sales. The incomes and living standards of lay workers are comparable to those of counterparts who work in the city of Rome. Other industries include printing, the production of mosaics, and the manufacture of staff uniforms.

The Vatican also conducts worldwide financial activities, having its own bank, Istituto per le Opere di Religione (also known as the Vatican Bank, and with the acronym IOR). This bank has an ATM with instructions in Latin, possibly the only such ATM in the world.

Vatican City issues its own coins. It has used the euro as its currency since 1 January 1999, owing to a special agreement with the European Union (council decision 1999/98/CE). Euro coins and notes were introduced in 1 January 2002—the Vatican does not issue euro banknotes. Issuance of euro-denominated coins is strictly limited by treaty, though somewhat more than usual is allowed in a year in which there is a change in the papacy. Because of their rarity, Vatican euro coins are highly sought by collectors. Until the adoption of the Euro, Vatican coinage and stamps were denominated in their own Vatican lira currency, which was on par with the Italian lira.

The Vatican City State, which employs nearly 2000 people, ran a deficit in 2008 of over 15 million euros, but in 2007 had a surplus of 6.7 million euros.

Venezuela

SOUTH AMERICA

Lying on the southern shores of the Caribbean, Venezuela was the first of Spain's colonies to seek independence. Despite large oil reserves, many Venezuelans still live in poverty.

OFFICIAL NAME: Bolivarian Republic of Venezuela
DATE OF FORMATION: 1830
CAPITAL: Caracas
POPULATION: 29.1 million
TOTAL AREA: 352,143 sq. miles (912,050 sq. km)
DENSITY: 84 people per sq. mile
LANGUAGES: Spanish*, native languages
RELIGIONS: Roman Catholic 89%, Protestant and other 11%
ETHNIC MIX: Mestizo 69%, White 20%, Black 9%, Amerindian 2%
GOVERNMENT: Presidential system
CURRENCY: Bolívar fuerte = 100 céntimos

Geography

Venezuela is located in the north of South America; geologically its mainland rests on the South American Plate. It has a total area of 916,445 square kilometres (353,841 sq mi) and a land area of 882,050 square kilometres (340,560 sq mi), making it the 33rd largest country. The territory it controls lies between latitudes 0° and 13°N, and longitudes 59° and 74°W.

Shaped roughly like an inverted triangle, the country has a 2,800 kilometres (1,700 mi) coastline in the north, which includes numerous islands in the Caribbean Sea, and in the north east borders the northern Atlantic Ocean. Most observers describe Venezuela in terms of four fairly well-defined topographical regions: the Maracaibo lowlands in the northwest, the northern mountains extending in a broad east-west arc from the Colombian border along the northern Caribbean coast, the wide plains in central Venezuela, and the Guiana highlands in the southeast.

The northern mountains are the extreme northeastern extensions of South America's Andes mountain range reach. Pico Bolívar, the nation's highest point at 4,979 metres (16,335 ft), lies in this region. To the south, the dissected Guiana Highlands contains the northern fringes of the Amazon Basin and Angel Falls, the world's highest waterfall as well as tepuis, large table-like mountains. The country's center is characterized by the llanos, which are extensive plains that stretch from the Colombian border in the far west to the Orinoco River delta in the east. The Orinoco, with its rich alluvial soils, binds the largest and most important river system of the country; it originates in one of the largest watersheds in Latin America. The Caroní and the Apure are other major rivers.

Venezuela borders Colombia to the west, Guyana to the east, and Brazil to the south. Caribbean islands such as Trinidad and Tobago, Grenada, Curaçao, Aruba and the Leeward Antilles lie near the Venezuelan coast. Venezuela has territorial disputes with Guyana (formerly United Kingdom), largely concerning the Essequibo area, and with Colombia concerning the Gulf of Venezuela. In 1895, after years of diplomatic attempts to solve the border dispute, from Venezuela, the dispute over the Essequibo River border flared up, it was submitted to a "neutral" commission (composed of United Kingdom, United States and Russian representatives and without a direct Venezuelan representative), which in 1899 decided mostly against Venezuela's claim.

Venezuela most significant natural resources are petroleum and natural gas, iron ore, gold and other minerals. It also has large areas of arable land and water.

Climate

Though Venezuela is entirely situated in the tropics, its climate varies from humid low-elevation plains, where average annual temperatures range as high as 28 °C (82.4 °F), to glaciers and highlands (the páramos) with an average yearly temperature of 8 °C (46.4 °F). Annual rainfall varies between 430 millimetres (16.9 in) in the semiarid portions of the northwest to 1,000 millimetres (39.4 in) in the Orinoco Delta of the far east. Most precipitation falls between June and October (the rainy season or "winter"); the drier and hotter remainder of the year is known as "summer", though temperature variation throughout the year is not as pronounced as at temperate latitudes.

The country falls into four horizontal temperature zones based primarily on elevation, having Tropical, Dry, Temperate with Dry Winters, and Polar (Alpine tundra) climates, amongst others. In the tropical zone—below 800 meters / 2,625 feet—temperatures are hot, with yearly averages ranging between 26 and 28 °C (78.8 and 82.4 °F). The temperate zone ranges between 800 and 2,000 meters (2,625 and 6,562 ft) with averages from 12 to 25 °C (53.6 to 77 °F); many of Venezuela's cities, including the capital, lie in this region. Colder conditions with temperatures from 9 to 11 °C (48.2 to 51.8 °F) are found in the cool zone between 2,000 and 3,000 meters (6,562 and 9,843 ft), especially in the Venezuelan Andes, where Pastureland and permanent snowfield with yearly averages below 8 °C (46 °F) cover land above 3,000 meters (9,843 ft) in the high mountain areas known as the páramos.

People & Society

Venezuela is historically a "melting pot," with immigrants from Europe and all over Latin America. The few indigenous Amerindians live in remote areas. Venezuela has one of the most urbanized societies in the region, with most of its population living in the northern cities. President Chávez's leftwing rhetoric raises opposition within Venezuela from urban society, and from the US.

The culture of Venezuela is a melting pot which includes mainly to three different families,the indigenous, African and Spanish. The first two cultures were in turn differentiated according to the tribes. Acculturation and assimilation, typical of a cultural syncretism, conditioned to arrive at the current Venezuelan culture, similar in many respects to the rest of Latin America, although the natural environment means that there are important differences. The indigenous influence is limited to a few words of vocabulary and gastronomy. The African influence in the same way, in addition to musical instruments like the drum. The Spanish influence was more important and in particular came from the regions of Andalusia and Extremadura, places of origin most settlers in the Caribbean during the colonial era. As an example of this can include buildings, part of the music, the Catholic religion and language. Spanish influences are evident bullfights and certain features of gastronomy. Venezuela also enriched by other streams of Indian and European origin in the nineteenth century, especially from France. In the latest stage in the major cities and regions stormed oil of U.S. origin and manifestations of the new immigration of Spanish, Italian and Portuguese, increasing the already complex cultural mosaic. For example, from United States comes the influence of taste for baseball and current architectural constructions.

Economy

Venezuela has a mixed economy dominated by the petroleum sector, which accounts for roughly a third of GDP, around 80% of exports and more than half of government revenues. It suffers high levels of corruption. Per capita GDP for 2009 was US$13,000, ranking it 85th in the world. About 30% of the population of the country live on less than US $2 per day. Venezuela has the least expensive petrol in the world because the consumer price of petrol is so heavily subsidised.

Manufacturing contributed 17% of GDP in 2006. Venezuela manufactures and exports heavy industry items such as steel, aluminium and cement, with production concentrated around Ciudad Guayana, near the Guri Dam, one of the largest in the world and the provider of about three quarters of Venezuela's electricity. Other notable manufacturing includes electronics and automobiles, as well as beverages, and foodstuffs. Agriculture in Venezuela accounts for approximately 3% of GDP, 10% of the labor force, and at least one-fourth of Venezuela's land area. Venezuela exports rice, corn, fish, tropical fruit, coffee, beef, and pork. The country is not self-sufficient in most areas of agriculture; Venezuela imports about two-thirds of its food needs.

Since the discovery of oil in the early 20th century, Venezuela has been one of the world's leading exporters of oil, and it is a founder member of OPEC. Previously an underdeveloped exporter of agricultural commodities such as coffee and cocoa, oil quickly came to dominate exports and government revenues. The 1980s oil glut led to an external debt crisis and a long-running economic crisis, which saw inflation peak at 100% in 1996 and poverty rates rise to 66% in 1995 as (by 1998) per capita GDP fell to the same level as 1963, down a third from its 1978 peak. The 1990s also saw Venezuela experience a major banking crisis in 1994. The recovery of oil prices after 2001 boosted the Venezuelan economy and facilitated social spending, although the fallout of the 2008 global financial crisis saw a renewed economic downturn.

Venezuela has some of the largest oil and natural gas reserves in the world, and consistently ranks among the top ten crude oil producers in the world. In 2010, Venezuela crude oil proven reserves up 40.4 percent compared to 2009 reserve and it made Venezuela had the number one of crude oil proven reserves in the world. The country's main petroleum deposits are located around and beneath Lake Maracaibo, the Gulf of Venezuela (both in Zulia), and in the Orinoco River basin (eastern Venezuela), where the country's largest reserve is located. Besides the largest conventional oil reserves and the second-largest natural gas reserves in the Western Hemisphere, Venezuela has non-conventional oil deposits (extra-heavy crude oil, bitumen and tar sands) approximately equal to the world's reserves of conventional oil. The electricity sector in Venezuela is one of the few to rely primarily on hydropower, and includes the Guri Dam, one of the largest in the world.

In the first half of the 20th century, US oil companies were heavily involved in Venezuela, initially on the basis of purchasing concessions. In 1943 a new government introduced a 50/50 split in profits between the government and the oil industry. In 1960, with a newly installed democratic government, Hydrocarbons Minister Juan Pablo Pérez Alfonso led the creation of OPEC, the consortium of oil-producing countries aiming to support the price of oil. In 1973 Venezuela voted to nationalize its oil industry outright, effective 1 January 1976, with Petróleos de Venezuela (PDVSA) taking over and presiding over a number of holding companies; in subsequent years, Venezuela built a vast refining and marketing system in the U.S. and Europe. In the 1990s PDVSA became more independent from the government and presided over an apertura (opening) in which it invited in foreign investment. Under Hugo Chávez a 2001 law placed limits on foreign investment.

The state oil company PDVSA played a key role in the December 2002 – February 2003 national strike which sought President Chávez' resignation. Managers and skilled highly paid technicians of PDVSA shut down the plants and left their posts, and by some reports sabotaged equipment, and petroleum production and refining by PDVSA almost ceased. Activities eventually were slowly restarted by returning and substitute oil workers. As a result of the strike, around 40% of the company's workforce (around 18,000 workers) were dismissed for "dereliction of duty" during the strike.

Vietnam

ASIA

French rule of Vietnam ended in 1954. Divided at 17°N, the US-backed South fought the Communist North. Reunified after the North's 1975 victory, it is run as a single-party state.

OFFICIAL NAME: Socialist Republic of Vietnam
DATE OF FORMATION: 1976
CAPITAL: Hanoi
POPULATION: 90.5 million
TOTAL AREA: 127,243 sq. miles (329,560 sq. km)
DENSITY: 701 people per sq. mile
LANGUAGES: Vietnamese*, Chinese, other
RELIGIONS: Nonreligious 81%, Buddhist 9%, Christian 7%, other 3%
ETHNIC MIX: Vietnamese 86%, other 10%, Tay 2%, Thai 2%
GOVERNMENT: One-party state
CURRENCY: Dông = 10 hao = 100 xu

Geography

Vietnam lies between latitudes 8° and 24°N, and longitudes 102° and 110°E.

Vietnam is divided into 58 provinces (known in Vietnamese as tỉnh, from the Chinese 省, shěng). There are also 5 centrally controlled municipalities existing at the same level as provinces (thành phố trực thuộc trung ương).

Vietnam is approximately 331,688 km^2 (128,065 sq mi) in area (not including Hoang Sa and Truong Sa islands), larger than Italy and almost the size of Germany. The combined length of the country's land boundaries is 4,639 km (2,883 mi) and its coastline (excluding islands) is 3,444 km (2,140 mi). The topography consists of hills and densely forested mountains, with level land covering no more than 20%. Mountains account for 40% of the area, with smaller hills accounting for 40% and tropical forests 42%.

The northern part of the country consists mostly of highlands and the Red River Delta. Phan Xi Păng, located in Lào Cai province, is the highest mountain in Vietnam at 3,143 m (10,312 ft). The south is divided into coastal lowlands, Annamite Chain peaks, extensive forests, and poor soil. Comprising five relatively flat plateaus of basalt soil, the highlands account for 16% of the country's arable land and 22% of its total forested land.

The delta of the Red River (also known as the Sông Hồng), a flat, triangular region of 15,000 km^2 (5,792 sq mi), is smaller but more intensely developed and more densely populated than the Mekong River Delta. Once an inlet of the Gulf of Tonkin, it has been filled in by the enormous alluvial deposits of the rivers over a period of millennia, and it advances one 100 meters (328.1 ft) into the Gulf annually. The Mekong delta, covering about 40,000 km^2 (15,444 sq mi), is a low-level plain no more than 3 meters (9.8 ft) above sea level at any point and criss-crossed by a maze of canals and rivers. So much sediment is carried by the Mekong's various branches and tributaries that the delta advances 60 to 80 meters (196.9 to 262.5 ft) into the sea every year.

Because of differences in latitude and the marked variety of topographical relief, the climate tends to vary considerably from place to place. During the winter or dry season, extending roughly from November to April, the monsoon winds usually blow from the northeast along the China coast and across the Gulf of Tonkin, picking up considerable moisture; consequently the winter season in most parts of the country is dry only by comparison with the rainy or summer season.

Climate

The average annual temperature is generally higher in the plains than in the mountains and plateaus and in the south than in the north. Temperatures in the southern plains (Ho Chi Minh City and the Mekong Delta) varies less, going between 21 and 28 °C (69.8 and 82.4 °F) over the course of a year. The seasons in the mountains and plateaus and in the north are much more dramatic, and temperatures may vary from 5 °C (41 °F) in December and January to 37 °C (98.6 °F) in July and August.

People & Society

Ethnic Vietnamese dominate; the Chinese minority was viewed as a corrupt bourgeoisie by the victorious Communists after the war. Mountainbased minorities (montagnards) were also sidelined; tensions persist over the settling of highlands by lowlanders. Women play an active role in society. There is no political or press freedom.

Vietnam is an agricultural civilization based on wet rice cultivation with ancient Dong Son culture as one of its defining aspects. The major stimulation of Vietnamese culture's development comes from indigenous factors. Vietnamese totems are Vietnamese dragon which is derived from crocodile and snake (Vietnam's National Father- Lạc Long Quân is a holy dragon), lạc- a holy bird (Vietnam's National Mother- Âu Cơ is a bird fairy), turtle and nghê- in dog's image. Vietnamese social is structured from units named làng (English: villages), not from lines of blood. Regarding national solidarity, all Vietnamese have a common ancestor death anniversary on the 10th day of the 3rd Lunar month (see Giỗ Tổ Hùng Vương).

Vietnam's culture is a part of Sinosphere that Confucianism and Laoism set the frameworks for Vietnam's feudal political systems and philosophy (Specifically, Vietnamese are closely related to Cantonese, Hakka, Hokkien and Hainan cultures. Many of these people have also immigrated into Vietnam). Moreover, Vietnam was partially indianized for some certain periods of time, mostly by Buddism. Through history, Cham culture, Cambodian culture, the culture of Tai people and other minority ethnic groups in Vietnam have been integrated with Vietnamese culture in correlated effects. Vietnam's contemporary culture is also influenced by Western culture, for example, American, French and Russian cultures.

The official spoken and written language of Vietnam is Vietnamese, currently written in Latin alphabet. However, according to many recent researches, Vietnam is believed to have had established a distinctive culture before the invasion of China's dynasties, including a syllabic writing system named Khoa Đẩu for Vietnamese language along with its education system nationwide.

In the socialist era, the cultural life of Vietnam has been deeply influenced by government-controlled media and the cultural influences of socialist programs. For many decades, foreign cultural influences were shunned and emphasis placed on appreciating and sharing the culture of communist nations such as the Soviet Union, China, Cuba and others. Since the 1990s, Vietnam has seen a greater exposure to Southeast Asian, European and American culture and media.

Economy

Historically, Vietnam has been an agricultural civilization based on wet rice cultivating. The Vietnam War destroyed much of the country's economy. Upon taking power, the Government created a planned economy for the nation.

Collectivization of farms, factories and economic capital was implemented, and millions of people were put to work in government programs. For a decade, united Vietnam's economy was plagued with inefficiency and corruption in state programs, poor quality and underproduction and restrictions on economic activities and trade. It also suffered from the trade embargo from the United States and most of Europe after the Vietnam War. Subsequently, the trade partners of the Communist blocs began to erode.

In 1986, the Sixth Party Congress introduced significant economic reforms with free market economy elements as part of a broad economic reform package called "đổi mới" (Renovation), resulting in a Socialist-oriented market economy. Private ownership was encouraged in industries, commerce and agriculture.

Vietnam achieved around 8% annual GDP growth from 1990 to 1997 and continued at around 7% from 2000 to 2005, making it one of the world's fastest growing economies. Growth by 8.5 percent, 6.3, 5.3 and 6.8 for the year of 2007, 2008, 2009 and 2010 respectively, but inflation rate hit 11.8 percent in December 2010 on a year-on-year basis, according to a GSO estimate. The dong has been devalued three times since late last year. Before 1998, foreign investment grew threefold and domestic savings quintupled. Manufacturing, information technology and high-tech industries form a large and fast-growing part of the national economy. Vietnam is a relative newcomer to the oil business, but today it is the third-largest oil producer in Southeast Asia with output of 400,000 barrels per day (64,000 m3/d). Vietnam is one of Asia's most open economies: two-way trade is around 160% of GDP, more than twice the ratio for China and over four times India's.

Deep poverty, defined as a percent of the population living under $1 per day, has declined significantly and is now smaller than that of China, India, and the Philippines. Much can be attributed to equitable economic policy that aimed at improving living standards and preventing the rise of inequality; this included egalitarian land distribution at the initial stages of Doi Moi, investing in poor remote areas and the supporting the poor with education and health fees.

In 2009, the nominal GDP reached $92.439 billion, with nominal GDP per capita of $1,060 According to a forecast in December 2005 by Goldman-Sachs, Vietnamese economy will become the 17th largest economy in the world in 2025, with nominal GDP of $ 436 billion and GDP per capita of 4,357 USD. According to the forecast by the PricewaterhouseCoopers in 2008, Vietnam may be fastest growing of emerging economies by 2025 with a potential growth rate of almost 10% per annum in real dollar terms that could push it up to around 70% of the size of the UK economy by 2050.

As a result of several land reform measures, Vietnam is now the largest producer of cashew nuts with a one-third global share, the largest producer of black pepper accounting for one-third of the world's market and second largest rice exporter in the world after Thailand. Vietnam has the highest percent of land use for permanent crops, 6.93%, of any nation in the Greater Mekong Subregion. Besides rice, key exports are coffee, tea, rubber, and fishery products. However, agriculture's share of economic output has declined, falling as a share of GDP from 42% in 1989 to 20% in 2006, as production in other sectors of the economy has risen. According to the CIA World Fact Book, the unemployment rate in Vietnam is 2.9% (30 April 2009 est.)

Vietnam applied sequenced trade liberalisation, a two-track approach opening some sectors of the economy to international markets while protecting others. Among other steps taken in the process of transitioning to a market economy, Vietnam in July 2006 updated its intellectual property legislation to comply with TRIPS. Vietnam became a member of the WTO on January 11, 2007. Vietnam's chief trading partners include China, Japan, Australia, ASEAN countries, the U.S. and Western European countries. Like its Chinese neighbours, Vietnam continues to make use of centrally-planned economic five-year plans.

Yemen

ASIA

Located in southern Arabia, Yemen was formerly two countries: the People's Democratic Republic of Yemen (south and east) and the Yemen Arab Republic (northwest) were united in 1990.

OFFICIAL NAME: Republic of Yemen
DATE OF FORMATION: 1990
CAPITAL: Sana
POPULATION: 23.58 million
TOTAL AREA: 203,849 sq. miles (527,970 sq. km)
DENSITY: 108 people per sq. mile
LANGUAGES: Arabic*
RELIGIONS: Sunni Muslim 55%, Shi'a Muslim 42%, Christian, Hindu, and Jewish 3%
ETHNIC MIX: Arab 99%, Afro-Arab, Indian, Somali, and European 1%
GOVERNMENT: Presidential system
CURRENCY: Yemeni rial = 100 fils

Geography

Yemen is in the Arab World, in the southern half of the Arabian Peninsula, bordering the Arabian Sea, Gulf of Aden, and the Red Sea. It lies south of Saudi Arabia and west of Oman, between latitudes 12° and 19° N and longitudes 42° and 55° E.

A number of Red Sea islands, including the Hanish Islands, Kamaran, and Perim, as well as Socotra in the Arabian Sea, belong to Yemen. Many of the islands are volcanic; for example Jabal al-Tair had a volcanic eruption in 2007 and before that in 1883.

At 527,970 km^2 (203,850 sq mi), Yemen is the world's 50th-largest country. It is comparable in size to Thailand and larger than the U.S. state of California. Yemen is situated at 15°N 48°E.

Until the signing of the Yemen-Saudi Arabia peace treaty in July 2000 Yemen's northern border was undefined; the Arabian Desert prevented any human habitation there.

The country can be divided geographically into four main regions: the coastal plains in the west, the western highlands, the eastern highlands, and the Rub al Khali in the east.

The Tihamah ("hot lands" or "hot earth") form a very arid and flat coastal plain along Yemen's entire Red Sea coastline. Despite the aridity, the presence of many lagoons makes this region very marshy and a suitable breeding ground for malaria mosquitoes. There are extensive crescent-shaped sand dunes. The evaporation in the Tihamah is so great that streams from the highlands never reach the sea, but they do contribute to extensive groundwater reserves. Today, these are heavily exploited for agricultural use. Near the village of Madar about 48 km (30 mi) north of Sana'a, dinosaur footprints were found, indicating that the area was once a muddy flat.

The Tihamah ends abruptly at the escarpment of the western highlands. This area, now heavily terraced to meet the demand for food, receives the highest rainfall in Arabia, rapidly increasing from 100 mm (3.9 in) per year to about 760 mm (29.9 in) in Ta'izz and over 1,000 mm (39.4 in) in Ibb.

Agriculture here is very diverse, with such crops as sorghum dominating. Cotton and many fruit trees are also grown, with mangoes being the most valuable. Temperatures are hot in the day but fall dramatically at night. There are perennial streams in the highlands but these never reach the sea because of high evaporation in the Tihamah.

The central highlands are an extensive high plateau over 2,000 metres (6,562 ft) in elevation. This area is drier than the western highlands because of rain-shadow influences but still receives sufficient rain in wet years for extensive cropping. Diurnal temperature ranges are among the highest in the world: ranges from 30 °C (86 °F) in the day to 0 °C (32 °F) at night are normal. Water storage allows for irrigation and the growing of wheat and barley. Sana'a is located in this region. The highest point in Yemen is Jabal an Nabi Shu'ayb, at 3,666 metres (12,028 ft).

Yemen's portion of the Rub al Khali desert in the east is much lower, generally below 1,000 metres (3,281 ft), and receives almost no rain. It is populated only by Bedouin herders of camels.

The growing scarcity of water is a source of increasing international concern. See Water supply and sanitation in Yemen.

Climate

Temperatures are generally very high in Yemen, particularly in the coastal regions. Rainfall is limited, with variations based on elevation. The highlands enjoy a temperate, rainy summer with an average high temperature of 21 °C (69.8 °F) and a cool, moderately dry winter with temperatures occasionally dipping below 0 °C (32.0 °F). The climate of the Tihamah (western coastal plain) is tropical; temperatures occasionally exceed 54 °C (129.2 °F), and the humidity ranges from 50 to 70 percent. Rainfall, which comes in irregular heavy torrents, averages 130 millimetres (5.12 in) annually. In Aden the average temperature is 25 °C (77.0 °F) in January and 32 °C (89.6 °F) in June, but with highs often exceeding 37 °C (98.6 °F). Average annual rainfall is 127 millimetres (5 in). The highest mountainous areas of southern Yemen receive from 520 to 760 mm (20.5 to 29.9 in) of rain a year. Some areas of the western highlands, most notably Ibb and Ta'izz, receive from about 1,000–1,500 millimetres (39.4–59.1 in) of rain each year. The capital, Sana'a, receives around 300 mm (11.8 in) a year, It is not uncommon for the northern and eastern sections of the country to receive no rain for five years or more. The Wadi Hadhramaut in the eastern part of Yemen is arid and hot, and the humidity ranges from 35 percent in June to 64 percent in January. Yemen is dry in the east and humid in the west.

People & Society

Almost entirely of Arab and Bedouin descent, most Yemenis are Sunni Muslims, of the Shafi sect. In rural and northern areas, tribalism and Islamic orthodoxy are strong and most women wear the veil. Tension continues between the south, led by cosmopolitan Aden, and the more conservative north, though political opposition is now primarily from Islamists. Foreigners are subject to sporadic attacks and kidnappings

Yemen has one of the world's highest birth rates; the average Yemeni woman bears five children. Although this is similar to the rate in Somalia to the south, it is roughly twice as high as that of Saudi Arabia and nearly three times as high as those in the more modernized Persian Gulf states. Yemen's population is increasing by 700,000 every year..

Economy

Yemen is one of the poorest and least developed countries in the Arab World, with a formal 35% employment rate, dwindling natural resources, a young population and increasing population growth. Yemen's economy is weak compared to most countries in the Middle-East, mainly because Yemen has very small oil reserves. Yemen's economy depends heavily on the oil it produces, and its government receives the vast majority of its revenue from oil taxes. But Yemen's oil reserves are expected to be depleted by 2017, possibly bringing on economic collapse. Yemen does have large proven reserves of natural gas. Yemen's first liquified natural gas (LNG) plant began production in October 2009.

Rampant corruption is a prime obstacle to development in the country, limiting local reinvestments and driving away regional and international capital. Foreign investments remain largely concentrated around the nation's hydrocarbon industry.

Beginning in the mid-1950s, the Soviet Union and China provided large-scale assistance. For example, China is involved with the expansion of the Sana'a International Airport. In the south, pre-independence economic activity was overwhelmingly concentrated in the port city of Aden. The seaborne transit trade, which the port relied upon, collapsed with the closure of the Suez Canal and Britain's withdrawal from Aden in 1967.

Since unification in 1990, the government has worked to integrate two relatively disparate economic systems. However, severe shocks, including the return in 1990 of approximately 850,000 Yemenis from the Persian Gulf states, a subsequent major reduction of aid flows, and internal political disputes culminating in the 1994 civil war hampered economic growth.

Since the conclusion of the war, the government made an agreement with the International Monetary Fund (IMF) to implement a structural adjustment program. Phase one of the program included major financial and monetary reforms, including floating the currency, reducing the budget deficit, and cutting subsidies. Phase two will address structural issues such as civil service reform.

In early 1995, the government of Yemen launched an economic, financial, and administrative reform program (EFARP) with the support of the World Bank and the IMF, as well as international donors. The First Five-Year Plan (FFYP) for the years 1996 to 2000 was introduced in 1996. The World Bank has focused on public sector management, including civil service reform, budget reform, and privatization. Additional priorities for the programs have become attracting diversified private investment, water management, and poverty-oriented social sector improvements. These programs had a positive impact on Yemen's economy and led to the reduction of the budget deficit to less than 3% of gross domestic product (GDP) during the period 1995-1999 and the correction of macro-financial imbalances.

In 1997, IMF and the Yemeni government began medium-term economic reform programs under the Enhanced Structural Adjustment Facility (ESAF) and Extended Fund Facility (EFF). This program aimed to reduce dependence on the oil sector and to establish a market environment for real non-oil GDP growth and investment in the non-oil sector. Increasing the growth rate in the non-oil sector was one of the government's most important objectives. Programs also focused on reducing unemployment, strengthening the social safety net, and increasing financial stability. To achieve these reforms, the government and IMF implemented containment of government wages, improvements in revenue collection with the introduction of reforms in tax administration, and a sharp reduction in subsidies bills through increased prices on subsidized goods. As a result, the fiscal cash deficit was reduced from 16% of GDP in 1994 to 0.9% in 1997. This was supported by aid from oil-exporting countries, despite the wide-ranging fluctuations in world oil prices. The real growth rate in the non-oil sector rose by 5.6% from 1995 to 1997.

Zambia

AFRICA

Bordered to the south by the Zambezi River, Zambia lies at the heart of southern Africa. In 1991, it made a peaceful transition from single-party rule to multiparty democracy.

OFFICIAL NAME: Republic of Zambia
DATE OF FORMATION: 1964
CAPITAL: Lusaka
POPULATION: 12.9 million
TOTAL AREA: 290,584 sq. miles (752,614 sq. km)
DENSITY: 45 people per sq. mile
LANGUAGES: Bemba, Tonga, Nyanja, Lozi, Lala-bisa, Nsenga, English*
RELIGIONS: Christian 63%, traditional beliefs 36%, Muslim and Hindu 1%
ETHNIC MIX: Bemba 34%, other 27%, Tonga 16%, Nyanja 14%, Lozi 9%
GOVERNMENT: Presidential system
CURRENCY: Zamb. kwacha = 100 ngwee

Geography

Zambia is a landlocked country in southern Africa, with a tropical climate and consists mostly of high plateau, with some hills and mountains, dissected by river valleys. At 752,614 km^2 (290,586 sq mi) it is the 39th-largest country in the world (after Chile) and slightly larger than the US state of Texas. The country lies mostly between latitudes 8° and 18°S, and longitudes 22° and 34°E.

Zambia is drained by two major river basins: the Zambezi basin in the south covering about three-quarters of the country; and the Congo basin in the north covering about one-quarter of the country. A very small area in the northeast forms part of the internal drainage basin of Lake Rukwa in Tanzania.

In the Zambezi basin, there are a number of major rivers flowing wholly or partially through Zambia: the Kabompo, Lungwebungu, Kafue, Luangwa, and the Zambezi itself, which flows through the country in the west and then forms its southern border with Namibia, Botswana and Zimbabwe. Its source is in Zambia but it diverts into Angola, and a number of its tributaries rise in Angola's central highlands. The edge of the Cuando River floodplain (not its main channel) forms Zambia's southwestern border, and via the Chobe River that river contributes very little water to the Zambezi because most is lost by evaporation.

Two of the Zambezi's longest and largest tributaries, the Kafue and the Luangwa, flow mainly in Zambia. Their confluences with the Zambezi are on the border with Zimbabwe at Chirundu and Luangwa town respectively. Before its confluence, the Luangwa River forms part of Zambia's border with Mozambique. From Luangwa town, the Zambezi leaves Zambia and flows into Mozambique, and eventually into the Mozambique Channel.

The Zambezi falls about 100 metres (328 ft) over the 1.6 km (0.99 mi) wide Victoria Falls, located in the south-west corner of the country, subsequently flowing into Lake Kariba. The Zambezi valley, running along the southern border, is both deep and wide. From Lake Kariba going east it is formed by grabens and like the Luangwa, Mweru-Luapula, Mweru-wa-Ntipa and Lake Tanganyika valleys, is a rift valley.

The north of Zambia is very flat with broad plains. In the west the most notable being the Barotse Floodplain on the Zambezi, which floods from December to June, lagging behind the annual rainy season (typically November to April). The flood dominates the natural environment and the lives, society and culture of the inhabitants and those of other smaller, floodplains throughout the country.

In Eastern Zambia the plateau which extends between the Zambezi and Lake Tanganyika valleys is tilted upwards to the north, and so rises imperceptibly from about 900 m (2,953 ft) in the south to 1,200 m (3,937 ft) in the centre, reaching 1,800 m (5,906 ft) in the north near Mbala. These plateau areas of northern Zambia have been categorised by the World Wildlife Fund as a large section of the Central Zambezian Miombo woodlands ecoregion.

Eastern Zambia shows great diversity. The Luangwa Valley splits the plateau in a curve north east to south west, extended west into the heart of the plateau by the deep valley of the Lunsemfwa River. Hills and mountains are found by the side of some sections of the valley, notably in its north-east the Nyika Plateau (2,200 m/7,218 ft) on the Malawi border, which extend into Zambia as the Mafinga Hills, containing the country's highest point, Kongera (2,187 m/7,175 ft). The Muchinga Mountains, the watershed between the Zambezi and Congo drainage basins, run parallel to the deep valley of the Luangwa River and form a sharp backdrop to its northern edge, although they are almost everywhere below 1,700 m (5,577 ft). Their culminating peak Mumpu is at the western end and at 1,892 m (6,207 ft) is the highest point in Zambia away from the eastern border region. The border of the Congo Pedicle was drawn around this mountain.

The southernmost headstream of the Congo River rises in Zambia and flows through its north firstly as the Chambeshi and then, after the Bangweulu Swamps as the Luapula, which forms part of the border with the Democratic Republic of the Congo. The Luapula flows south then west before it turns north until it enters Lake Mweru. The lake's other major tributary is the Kalungwishi River, which flows into it from the east. The Luvua River drains Lake Mweru, flowing out of the northern end to the Lualaba River (Upper Congo River).

Lake Tanganyika is the other major hydrographic feature that belongs to the Congo basin. Its south-eastern end receives water from the Kalambo River, which forms part of Zambia's border with Tanzania. This river has Africa's second highest uninterrupted waterfall, the Kalambo Falls.

Climate

The climate of Zambia is tropical modified by elevation. In the Köppen climate classification, most of the country is classified as humid subtropical or tropical wet and dry, with small stretches of semi-arid steppe climate in the south-west and along the Zambezi valley.

There are two main seasons, the rainy season (November to April) corresponding to summer, and the dry season (May/June to October/November), corresponding to winter. The dry season is subdivided into the cool dry season (May/June to August), and the hot dry season (September to October/November). The modifying influence of altitude gives the country pleasant subtropical weather rather than tropical conditions during the cool season of May to August. However, average monthly temperatures remain above 20 °C (68 °F) over most of the country for eight or more months of the year.

People & Society

There are more than 70 different ethnic groups, but there are fewer tensions than in many African states. Major groups are the Bemba (in the northeast), Tonga (south), Nyanja (east), and Lozi (west). There are also thousands of refugees, mostly from the DRC and Angola. A National Gender Policy was issued in 2000 to redress inequalities between the sexes. The standard of living has fallen in real terms since independence. One in seven adults is infected with HIV/AIDS.

The culture of Zambia is mainly indigenous Bantu culture mixed with European influences. Prior to the establishment of modern Zambia, the natives lived in independent tribes, each with their own ways of life. One of the results of the colonial era was the growth of urbanization. Different ethnic groups started living together in towns and cities, influencing each other as well as adopting a lot of the European culture. The original cultures have largely survived in the rural areas. In the urban setting there is a continuous integration and evolution of these cultures to produce what is now called "Zambian culture".

Traditional culture is very visible through colourful annual Zambian traditional ceremonies. Some of the more prominent are: Kuomboka and Kathanga (Western Province), Mutomboko (Luapula Province), Ncwala (Eastern Province), Lwiindi and Shimunenga (Southern Province), Lunda Lubanza (North Western), Likumbi Lyamize (North Western), Chibwela Kumushi (Central Province), Ukusefya Pa Ng'wena (Northern Province).

Popular traditional arts are mainly in pottery, basketry (such as Tonga baskets), stools, fabrics, mats, wooden carvings, ivory carvings, wire craft and copper crafts. Most Zambian traditional music is based on drums (and other percussion instruments) with a lot of singing and dancing. In the urban areas foreign genres of music are popular, in particular Congolese rumba, African-American music and Jamaican reggae. Several psychedelic rock artists emerged in the 1970s to create a genre known as "Zamrock," including The Witch, Musi-O-Tunya, Rikki Ililonga, Amanaz, the Peace, Chrissy Zebby Tembo, Blackfoot, and the Ngozi Family.

The Zambian staple diet is based on maize. It is normally eaten as a thick porridge, called Nshima (Nyanja Word), prepared from maize flour commonly known as mealie meal. This may be eaten with a variety of vegetables, beans, meat, fish or sour milk depending on geographical location/origin. Nshima is also prepared from cassava, a staple food in some parts of the country.

Economy

About 68% of Zambians live below the recognised national poverty line, with rural poverty rates standing at about 78% and urban rates of 53%. Zambia ranked 117th out of 128 countries on the 2007 Global Competitiveness Index, which looks at factors that affect economic growth. Per capita annual incomes are currently at about one-half their levels at independence and, at $395, place the country among the world's poorest nations. Social indicators continue to decline, particularly in measurements of life expectancy at birth (about 40.9 years) and maternal mortality (830 per 100,000 pregnancies). The country's rate of economic growth cannot support rapid population growth or the strain which HIV/AIDS related issues place on the economy.

During the decades of Kaunda's socialist policies, Zambia fell into poverty, especially after international copper prices declined in the 1970s. The socialist regime made up for falling revenue with several abortive attempts at International Monetary Fund structural adjustment programmes (SAPs). After the dictatorship ended, successive governments have begun limited reforms. The economy stagnated until late 1990s. In 2007 Zambia recorded ninth consecutive year of economic growth. Inflation was 8.9%, down from 30% in 2000.

Zambia is still dealing with economic reform issues such as the size of the public sector and improving Zambia's social sector delivery systems. Economic regulations and red tape are extensive, and corruption is widespread. Zambia's total foreign debt exceeded $6 billion when the country qualified for Highly Indebted Poor Country Initiative (HIPC) debt relief in 2000, contingent upon meeting certain performance criteria. Initially, Zambia hoped to reach the HIPC completion point, and benefit from substantial debt forgiveness, in late 2003.

In January 2003, the Zambian government informed the International Monetary Fund and World Bank that it wished to renegotiate some of the agreed performance criteria calling for privatisation of the Zambia National Commercial Bank and the national telephone and electricity utilities. Although agreements were reached on these issues, subsequent overspending on civil service wages delayed Zambia's final HIPC debt forgiveness from late 2003 to early 2005, at the earliest. In an effort to reach HIPC completion in 2004, the government drafted an austerity budget for 2004, freezing civil service salaries and increasing a number of taxes. The tax hike and public sector wage freeze prohibited salary increases and new hires. This sparked a nationwide strike in February 2004.

The Zambian economy has historically been based on the copper mining industry. Output of copper had fallen, however, to a low of 228,000 metric tons in 1998, after a 30 year decline in output due to lack of investment, low copper prices, and uncertainty over privatisation. In 2002, following privatisation of the industry, copper production rebounded to 337,000 metric tons. Improvements in the world copper market have magnified the effect of this volume increase on revenues and foreign exchange earnings.

The Zambian government is pursuing an economic diversification program to reduce the economy's reliance on the copper industry. This initiative seeks to exploit other components of Zambia's rich resource base by promoting agriculture, tourism, gemstone mining, and hydro-power.

Agriculture plays a very important part in Zambia's economy providing much more jobs than the mining industry. Private local company Zambeef Products Ltd. is the leading agri-business in Zambia with over 4.000 employees, producing row crops (5.000 ha irrigated, 1.500 ha non-irrigated), cattle (Zambeef), pork (Master Pork), chicken (ZamChick), eggs (ZamChick Egg), dairy products, leather, fish, feedstock (Novatek) and edible oil (Zamanita). Zambeef is operating 8 abattoirs as well as 4 farms and numerous retail stores (also in cooperation with Shoprite) and a fast-food chain (ZamChick Inn) throughout the country.

In 2003, exports of nonmetals increased by 25% and accounted for 38% of all export earnings, previously 35%. The Zambian government has recently been granting licenses to international resource companies to prospect for minerals such as nickel, tin, copper and uranium. It is hoped that nickel will take over from copper as the country's top metallic export. In 2009, Zambia has been badly hit by the world economic crisis.

Zambia was ranked the 127th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.

Zimbabwe

AFRICA

Situated in southern Africa, Zimbabwe achieved independence from the UK in 1980. President Robert Mugabe, in power since then, has become increasingly authoritarian.

OFFICIAL NAME: Republic of Zimbabwe
DATE OF FORMATION: 1980
CAPITAL: Harare
POPULATION: 12.5 million
TOTAL AREA: 150,803 sq. miles (390,580 sq. km)
DENSITY: 84 people per sq. mile
LANGUAGES: Shona, isiNdebele, English*
RELIGIONS: Syncretic 50%, Christian 25%, traditional beliefs 24%, other 1%
ETHNIC MIX: Shona 71%, Ndebele 16%, other African 11%, White 1%, Asian 1%
GOVERNMENT: Presidential system
CURRENCY: Zimbabwe dollar suspended in 2009; US dollar and South African rand legal tender

Geography

Zimbabwe is a landlocked country in southern Africa, lying between latitudes 15° and 23°S, and longitudes 25° and 34°E. Most of the country is elevated in the central plateau (high veld) stretching from the southwest to the northwest at altitudes between 1200 and 1600m. The country's east is mountainous with Mt. Nyangani as the highest point at 2,592 m. About 20% of the country consists of the low veld under 900m. Victoria Falls, one of the world's biggest and most spectacular waterfalls, is located in the country's northwest as part of the Zambezi river. The country has a tropical climate with a rainy season usually from November to March. The climate is moderated by the altitude.

Climate

The climate is tropical, although markedly moderated by altitude. There is a dry season, including a short cool season during the period May to September when the whole country has very little rain. The rainy season is typically a time of heavy rainfall from November to March. The whole country is influenced by the Intertropical Convergence Zone during January. In years when it is poorly defined, then there is below average rainfall and a likelihood of serious drought in the country (as happened in 1983 and 1992). When it is well-defined then rainfall is average or well above average, as in 1981 and 1985.

People & Society

Two main ethnic groups: Shona in the north and east, and Ndebele in the south. Shona outnumber Ndebele by four to one. Whites are generally far more affluent than Blacks. Official efforts to redress this imbalance (such as land redistribution) have become increasingly aggressive. The political opposition to Mugabe joined him in a fractious unity government from 2009 in an attempt to rebuild the country.

Zimbabwe has many different cultures which may include beliefs and ceremonies, one of them being Shona. Zimbabwe's largest ethnic group is Shona. The Shona people have many sculptures and carvings of gods (idols) which are made with the finest materials available.

Zimbabwe first celebrated its independence on 18 April 1980. Celebrations are held at either the National Sports Stadium or Rufaro Stadium in Harare. The first independence celebrations were held in 1980 at the Zimbabwe Grounds. At these celebrations doves are released to symbolise peace and fighter jets fly over and the national anthem is sung. The flame of independence is lit by the president after parades by the presidential family and members of the armed forces of Zimbabwe. The president also gives a speech to the people of Zimbabwe which is televised for those unable to attend the stadium.

Economy

Mineral exports, agriculture, and tourism are the main foreign currency earners of Zimbabwe. The mining sector remains very lucrative, with some of the world's largest platinum reserves being mined by Anglo-American and Impala Platinum. The Marange diamond fields, discovered in 2006, are considered the biggest diamond find in over a century. They have the potential to improve the fiscal situation of the country considerably, but almost all revenues from the field have disappeared in to the pockets of army officers and ZANU-PF politicians. Zimbabwe is the biggest trading partner of South Africa on the continent.

Zimbabwe maintained positive economic growth throughout the 1980s (5.0% GDP growth per year) and 1990s (4.3% GDP growth per year). The economy declined from 2000: 5% decline in 2000, 8% in 2001, 12% in 2002 and 18% in 2003. The government of Zimbabwe faces a variety of economic problems after having abandoned earlier efforts to develop a market-oriented economy. Problems include a shortage of foreign exchange, soaring inflation, and supply shortages. Zimbabwe's involvement from 1998 to 2002 in the war in the Democratic Republic of the Congo drained hundreds of millions of dollars from the economy.

The downward spiral of the economy has been attributed mainly to mismanagement and corruption of the Mugabe regime and the eviction of more than 4,000 white farmers in the controversial land redistribution of 2000. Zimbabwe was previously an exporter of maize but has become a net importer. Tobacco exports and other exports of crops have also declined sharply. The fate of the white farmers was publicized in a documentary film Mugabe and the White African.

Tourism was an important industry for the country, but has been failing in recent years. The Zimbabwe Conservation Task Force released a report in June 2007, estimating 60% of Zimbabwe's wildlife has died since 2000 due to poaching and deforestation. The report warns that the loss of life combined with widespread deforestation is potentially disastrous for the tourist industry.

On November 2010, the IMF described the Zimbabwean economy as "completing its second year of buoyant economic growth".

Inflation rose from an annual rate of 32% in 1998, to an official estimated high of 11,200,000% in August 2008 according to the country's Central Statistical Office. This represented a state of hyperinflation, and the central bank introduced a new 100 billion dollar note. As of November 2008, unofficial figures put Zimbabwe's annual inflation rate at 516 quintillion per cent, with prices doubling every 1.3 days. Zimbabwe's inflation crisis was in 2009 the second worst inflation spike in history, behind the hyperinflationary crisis of Hungary in 1946, in which prices doubled every 15.6 hours. By 2005, the purchasing power of the average Zimbabwean had dropped to the same levels in real terms as 1953. Local residents have largely resorted to buying essentials from neighbouring Botswana, South Africa, and Zambia.

In 2005, the government, led by central bank governor Gideon Gono, started making overtures that white farmers could come back. There were 400 to 500 still left in the country, but much of the land that had been confiscated was no longer productive. In January 2007, the government even let some white farmers sign long term leases. But, the government reversed course again and started demanding that all remaining white farmers leave the country or face jail.

In August 2006, a revalued Zimbabwean dollar was introduced, equal to 1000 of the prior Zimbabwean dollars. The exchange rate fell from 24 old Zimbabwean dollars per U.S. dollar (USD) in 1998 to 250,000 prior or 250 new Zimbabwean dollars per USD at the official rate, and an estimated 120,000,000 old or 120,000 revalued Zimbabwean dollars per US dollar on the parallel market, in June 2007.

In January 2009, Zimbabwe introduced a new Z$100 trillion banknote. On 29 January, in an effort to counteract his country's runaway inflation, acting Finance Minister Patrick Chinamasa announced that Zimbabweans will be permitted to use other, more stable currencies (e.g. Sterling, Euro, South African Rand, and the United States Dollar) to do business, alongside the Zimbabwe dollar.

On 2 February 2009, the RBZ announced that a further 12 zeros were to be taken off the currency, with 1,000,000,000,000 (third) Zimbabwe dollars being exchanged for 1 new (fourth) dollar. New banknotes were introduced with a face value of Z$1, Z$5, Z$10, Z$20, Z$50, Z$100 and Z$500.The banknotes of the fourth dollar were to circulate alongside the third dollar, which remained legal tender until 30 June 2009.

Since the formation of the Unity Government in 2009, the Zimbabwean economy has been on the rebound. GDP grew by more than 5% in the year 2009 and 2010. Growth is forecast to reach 8% in 2010, buoyed by high mineral prices and the improving agriculture sector. Zimbabwe produced 119 million kg of tobacco in the 2009/10 season, double the previous year's output. Zimplats, the nation's largest platinum company, has proceeded with US$500 million in expansions, and is also continuing a separate US$2 billion project, despite threats by Mugabe to nationalize the company. The pan-African investment bank IMARA released a favorable report in February 2011 on investment prospects in Zimbabwe, citing an improved revenue base and higher tax receipts.

1 (go to World Political Map contents)

2 (go to World Political Map contents)

3 (go to World Political Map contents)

4 (go to World Political Map contents)

5 (go to World Political Map contents)

6 (go to World Political Map contents)

7 (go to World Political Map contents)

8 (go to World Political Map contents)

a1 (go to World Political Map contents)

a2 (go to World Political Map contents)

a3 (go to World Political Map contents)

a4 (go to World Political Map contents)

a5 (go to World Political Map contents)

a6 (go to World Political Map contents)

a7 (go to World Political Map contents)

a8 (go to World Political Map contents)

a9 (go to World Political Map contents)

a10 (go to World Political Map contents)

b1 (go to World Political Map contents)

b2 (go to World Political Map contents)

b3 (go to World Political Map contents)

b4 (go to World Political Map contents)

b5 (go to World Political Map contents)

b6 (go to World Political Map contents)

b7 (go to World Political Map contents)

b8 (go to World Political Map contents)

b9 (go to World Political Map contents)

b10 (go to World Political Map contents)

c1 (go to World Political Map contents)

c2 (go to World Political Map contents)

c3 (go to World Political Map contents)

c4 (go to World Political Map contents)

c5 (go to World Political Map contents)

c6 (go to World Political Map contents)

c7 (go to World Political Map contents)

c8 (go to World Political Map contents)

c9 (go to World Political Map contents)

c10 (go to World Political Map contents)

d1 (go to World Political Map contents)

d2 (go to World Political Map contents)

d3 (go to World Political Map contents)

d4 (go to World Political Map contents)

d5 (go to World Political Map contents)

d6 (go to World Political Map contents)

d7 (go to World Political Map contents)

d8 (go to World Political Map contents)

International organizations

This listing provides acronym definitions for the main international organizations concerned with worldwide economics, trade, and defense, plus an indication of membership.

ASEAN
Association of Southeast Asian Nations
ESTABLISHED: 1967
MEMBERS: Brunei, Cambodia, Indonesia,
Laos, Malaysia, Myanmar, Philippines,
Singapore, Thailand, Vietnam

CIS
Commonwealth of Independent States
ESTABLISHED: 1991
MEMBERS: Arm., Az., Belarus, Kaz., Kyrgy.,
Mold., Russia, Tajik., Turkmen.*, Ukraine*,
Uzbek. *Unofficial members

COMM
The Commonwealth of Nations
ESTABLISHED: 1931; evolved out of the
British Empire. Formerly known as the
British Commonwealth of Nations.
MEMBERS: 53

EU
European Union
ESTABLISHED: 1965; formerly known as EEC
(European Economic Community) and EC
(Economic Community)
MEMBERS: Austria, Belg., Bulg., Cyprus,
Czech Rep., Denmark, Est., Fin., Fr., Ger.,
Greece, Hung., Ireland, Italy, Lat., Lith., Lux.,
Malta, Neth., Pol., Port., Rom., Slvka., Slvna.,
Spain, Swed., UK

G8
Group of 8
ESTABLISHED: 1994
MEMBERS: Canada, France, Germany, Italy,
Japan, Russia, UK, US

IMF
International Monetary Fund
(UN agency)
ESTABLISHED: 1945
MEMBERS: 186

NAFTA
North American Free Trade Agreement
ESTABLISHED: 1994
MEMBERS: Canada, Mexico, US

NATO
North Atlantic Treaty Organization
ESTABLISHED: 1949
MEMBERS: Albania, Belg., Bulg., Canada,
Croatia, Czech Rep., Denmark, Est., France,
Ger., Greece, Hung., Iceland, Italy, Lat., Lith.,
Lux., Neth., Norway, Poland, Port., Rom.,
Slovakia, Slovenia, Spain, Turkey, UK, US

OPEC
Organization of Petroleum
Exporting Countries
ESTABLISHED: 1960
MEMBERS: Algeria, Angola, Ecuador, Iran,
Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi
Arabia, United Arab Emirates, Venezuela

UN
United Nations
ESTABLISHED: 1945
MEMBERS: 192; all nations are represented,
except Taiwan. The Vatican City has
"observer status" only.

WTO
World Trade Organization
ESTABLISHED: 1995
MEMBERS: 153