The 2002 CIA World Factbook. United States. Central Intelligence Agency
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PASCHALIDES]; Fighting Democratic Movement or ADIK [Dinos MIKHAILIDIS];
Green Party of Cyprus [George PERDIKIS]; New Horizons [Nikolaus KOUTSOU];
Restorative Party of the Working People or AKEL (Communist Party)
[Dimitrios CHRISTOFIAS]; Social Democrats Movement or KISOS (formerly
United Democratic Union of Cyprus or EDEK) [Yiannakis OMIROU]; United
Democrats Movement or EDE [George VASSILIOU]; Turkish Cypriot area:
Communal Liberation Party or TKP [Huseyin ANGOLEMLI]; Democratic Party
or DP [Salih COSAR]; National Birth Party or UDP [Enver EMIN]; National
Unity Party or UBP [Dervis EROGLU]; Our Party or BP [Okyay SADIKOGLU];
Patriotic Unity Movement or YBH [Izzet IZCAN]; Republican Turkish Party
or CTP [Mehmet ALI TALAT]
Political pressure groups and leaders: Confederation of Cypriot Workers
or SEK (pro-West); Confederation of Revolutionary Labor Unions or Dev-Is;
Federation of Turkish Cypriot Labor Unions or Turk-Sen; Pan-Cyprian
Labor Federation or PEO (Communist controlled)
International organization participation: Australia Group, C, CCC,
CE, EBRD, ECE, EU (applicant), FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU,
IDA, IFAD, IFC, IFRCS (associate), IHO, ILO, IMF, IMO, Interpol, IOC,
IOM, ISO, ITU, NAM, NSG, OAS (observer), OPCW, OSCE, PCA, UN, UNCTAD,
UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US: Ambassador Erato KOZAKOU-MARCOULLIS chancery: representative of the Turkish Cypriot area in the US is Osman ERTUG; office at 1667 K Street NW, Washington, DC; telephone [1] (202) 887-6198 consulate(s) general: New York telephone: [1] (202) 462-5772
Diplomatic representation from the US: chief of mission: Ambassador
Donald K. BANDLER embassy: corner of Metochiou and Ploutarchou Streets,
Engomi, 2407 Nicosia mailing address: (22) 780944
Flag description: white with a copper-colored silhouette of the island (the name Cyprus is derived from the Greek word for copper) above two green crossed olive branches in the center of the flag; the branches symbolize the hope for peace and reconciliation between the Greek and Turkish communities note: bottom between which is a red crescent and red star on a white field
Economy Cyprus
Economy - overview: Economic affairs are affected by the division of the country. The Greek Cypriot economy is prosperous but highly susceptible to external shocks. Erratic growth rates in the 1990s reflect the economy's vulnerability to swings in tourist arrivals, caused by political instability in the region and fluctuations in economic conditions in Western Europe. Economic policy is focused on meeting the criteria for admission to the EU. As in the Turkish sector, water shortages are a perennial problem; a few desalination plants are now online. The Turkish Cypriot economy has less than one-half the per capita GDP of the south. Because it is recognized only by Turkey, it has had much difficulty arranging foreign financing, and foreign firms have hesitated to invest there. It remains heavily dependent on agriculture and government service, which together employ about half of the work force. To compensate for the economy's weakness, Turkey provides substantial direct and indirect aid to tourism, education, industry, etc.
GDP: Greek Cypriot area: purchasing power parity - $9.1 billion (2001 est.); Turkish Cypriot area: purchasing power parity - $1.1 billion (2000 est.)
GDP - real growth rate: Greek Cypriot area: 2.6% (2001 est.); Turkish
Cypriot area: 0.8% (2000 est.)
GDP - per capita: Greek Cypriot area: purchasing power parity - $15,000 (2001 est.); Turkish Cypriot area: purchasing power parity - $7,000 (2000 est.)
GDP - composition by sector: Greek Cypriot area: agriculture 4.6%, industry 19.9%, services 75.5% (2001); Turkish Cypriot area: agriculture 8.3%, industry 20.7%, services 71.0% (2000)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%
Inflation rate (consumer prices): Greek Cypriot area: 1.9% (2001 est.);
Turkish Cypriot area: 53.2% (2000 est.)
Labor force: Greek Cypriot area: 291,000; Turkish Cypriot area: 86,300 (2000)
Labor force - by occupation: Greek Cypriot area: services 73%, industry 22%, agriculture 5% (2000); Turkish Cypriot area: services 56.4%, industry 22.8%, agriculture 20.8% (1998)
Unemployment rate: Greek Cypriot area: 3% (2001 est.); Turkish Cypriot area: 5.6% (1999 est.)
Budget: revenues: Greek Cypriot area - $2.4 billion (2001 est.); Turkish Cypriot area - $294 million (2000 est.) expenditures: Greek Cypriot area - $3.7 billion, including capital expenditures of $539 million (2001 est.); Turkish Cypriot area - $495 million, including capital expenditures of $60 million (2000 est.)
Industries: food, beverages, textiles, chemicals, metal products, tourism, wood products
Industrial production growth rate: Greek Cypriot area: 2.2% (1999);
Turkish Cypriot area: -0.3% (1999)
Electricity - production: 3.13 billion kWh (1999); Turkish Cypriot area:
NA kWh (2000)
Electricity - production by source: fossil fuel: 100% other: 0% (2000) nuclear: 0% hydro: 0%
Electricity - consumption: 2.911 billion kWh (1999); Turkish Cypriot area: NA kWh (2000)
Electricity - exports: 0 kWh (2000)
Electricity - imports: 0 kWh (2000)
Agriculture - products: potatoes, citrus, vegetables, barley, grapes, olives, vegetables
Exports: Greek Cypriot area: $851 million (f.o.b., 2001 est.); Turkish
Cypriot area: $50.7 million (f.o.b., 2000)
Exports - commodities: Greek Cypriot area: citrus, potatoes, grapes, wine, cement, clothing and shoes; Turkish Cypriot area: citrus, potatoes, textiles
Exports - partners: Greek Cypriot area: EU 36% (UK 17%, Greece 8%),
Russia 8%, Syria 7%, Lebanon 5%, US 2% (2000); Turkish Cypriot area:
Turkey 51%, UK 31%, other EU 16.5% (1999)
Imports: Greek Cypriot area: $3.5 billion (f.o.b., 2001 est.); Turkish
Cypriot area: $424.9 million (f.o.b., 2000)
Imports