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Topic: Economy of Eritrea


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  Eritrea   (Site not responding. Last check: 2007-09-10)
Eritrea is located in the Horn of Africa and is bordered on the northeast and east by the Red Sea.
Like the economies of many African nations, the economy is largely based on subsistence agriculture, with 80% of the population involved in farming and herding.
Eritrea's two main ethnic groups are the Tigrigna, which forms about half of the population, and the Tigre and Kunama[?], which amount to circa 40%.
www.ebroadcast.com.au /lookup/encyclopedia/er/Eritrea.html   (609 words)

  
 Eritrea - HighBeam Encyclopedia   (Site not responding. Last check: 2007-09-10)
It is bordered on the northeast by the Red Sea, on the southeast by Djibouti, on the south by Ethiopia, and on the northwest by Sudan.
Eritrea's largely agricultural economy was devastated by its 30-year-long indepedence war with Ethiopia and hurt again by the strain of the 1998-2000 border war.
In November the United Nations called for Eritrea and Ethiopia to reduce their forces along the border and for Eritrea to end restrictions on UN forces, and expressed concern over Ethiopia's failure to finalize the border; UN sanctions were threatened for noncompliance.
www.encyclopedia.com /doc/1E1-eritrea.html   (1473 words)

  
 Eritrea ECONOMY   (Site not responding. Last check: 2007-09-10)
Eritrea's most significant economic assets may be its unspoiled coastline, which offers some of the best fishing and underwater diving in the world, and its two ports on the Red Sea.
The war greatly slowed economic growth (the economy contracted by 9% in 2000), largely due to a disruption in trade relations between Eritrea and Ethiopia.
Eritrea's expenditures on defense and relief amounted to 23.5% of GDP in 1999.
www.nationsencyclopedia.com /Africa/Eritrea-ECONOMY.html   (316 words)

  
 Eritrea - MSN Encarta
Eritrea, independent state in Africa, bounded on the east by the Red Sea, on the southeast by Djibouti, on the south and west by Ethiopia, and on the north and northwest by Sudan.
Formerly under Italian and British control, Eritrea was taken over by Ethiopia in 1952, provoking a long war of liberation that culminated in Eritrean independence in 1993.
Eritrea’s environment suffers from frequent droughts and from the effects of the country’s decades-long war of independence.
encarta.msn.com /encyclopedia_761576168/Eritrea.html   (1139 words)

  
 Eritrea Economy
The economy was devastated by war and the misguided policies of the Derg, which disrupted agriculture and industry.
Eritrea lost many valuable economic assets in particular during the last round of fighting in May-June 2000, when a significant portion of its territory in the agriculturally important west and south was occupied by Ethiopia.
Eritrea currently suffers from large structural fiscal deficits caused by high levels of spending on defense and on emergency reconstruction and humanitarian programs, which have resulted in the stock of debt rising to unsustainable levels.
www.traveldocs.com /er/economy.htm   (1055 words)

  
 Economy - Eritrea - Africa
Ethiopia’s annexation of Eritrea caused industrial expansion to be curtailed, and many factories were closed and moved to Ethiopia.
Eritrea’s economy suffered massive damage and dislocation as a result of drought, famine and the war with Ethiopia that began in the 1960s.
Eritrea’s unit of currency is the nakfa (7.20 nakfa equal U.S.$1; 1998).
www.countriesquest.com /africa/eritrea/economy.htm   (307 words)

  
 Eritrea
One of the terms of the agreement was the establishment of a UN peacekeeping operation, known as the United Nations Mission in Eritrea and Ethiopia (UNMEE); over 4,000 UN peacekeepers remain as of August 2004.
Eritrea's economic future depends upon its ability to master fundamental social problems like illiteracy, unemployment, and low skills, and to convert its diaspora's money and expertise into economic growth.
As of 2002, the government of Eritrea only officially recognizes the Catholic, Islamic, Orthodox and Evangelical churches (the Eritrean Orthodox Church belongs to the Oriental Orthodox Communion, not to the Eastern Orthodox Communion).
www.mcfly.org /en/Eritrea   (1043 words)

  
 Eritrea: Strangled economy hobbles on rocky path
It also has a sizeable grip on the tourism and manufacturing sector, while it is difficult to establish what portion of the economy is under the control of the state or of the single party, the People's Front for Democracy and Justice (PFDJ).
Eritrea rarely publishes its budget estimates, despite calls from the IMF and other major lenders for more transparency.
Eritrea won a 30-year struggle for independence, and fought a two-and-a-half-year border war with Ethiopia, which ended in December, 2000, with a fragile ceasefire brokered by the United Nations.
www.eritreadaily.net /News2005/article200505291.htm   (710 words)

  
 Eritrea - Economy
Eritrea is one of the poorest countries in the world.
Eritrea's short-term prospects depend on outside aid and foreign investment, which prior to the 1998 Ethiopian aggression, had started to trickle in.
Eritrea is a particularly favorable area for businessmen interested in a honest, disciplined, stable, cheap and willing labor force.
home.planet.nl /~hans.mebrat/eritrea-economy.htm   (898 words)

  
 Militaristic Nationalism: A Disaster for Eritrea's Economy
Eritrea's central bank said on Tuesday it has started selling treasury bonds to raise funds to stabilise an economy threatened by a stand-off with former key trading partner Ethiopia.
Eritrea's economy has been under severe stress since a row over disputed border territory escalated into conflict in May in which hundreds were killed.
In the Horn of Africa war between Eritrea and Ethiopia, Assab is one of the worst economic casualties.
www.geocities.com /~dagmawi/NewsMar99/Comment_Mar18_Economy.html   (1248 words)

  
 Comparative Criminology | Africa - Eritrea
In 1988, the EPLF captured Afabet, headquarters of the Ethiopian Army in northeastern Eritrea, prompting the Ethiopian Army to withdraw from its garrisons in Eritrea's western lowlands.
In May 1991, the EPLF established the Provisional Government of Eritrea (PGE) to administer Eritrean affairs until a referendum was held on independence and a permanent government established.
Eritrea will be compared with Japan (country with a low crime rate) and USA (country with a high crime rate).
www-rohan.sdsu.edu /faculty/rwinslow/africa/eritrea.html   (4430 words)

  
 Eritra
Eritrea did not exist as a distinct region until 1869 when the Italians occupied it.
A commission was sent to Eritrea in 1947 to report on the wishes of the population.
The annexation of Eritrea by the Abyssinian Emperor Haile Selassie brought on a civil war that was to last 30 years before Eritrea was freed.
us-africa.tripod.com /eritrea.html   (592 words)

  
 Economy of Eritrea
The economy is largely based on subsistence agriculture, which employs 80% of the population but currently may contribute as little as 22% to GDP.
Eritrea's economic future depends on its ability to master fundamental social and economic problems, e.g., by reducing illiteracy, promoting job creation, expanding technical training, attracting foreign investment, and streamlining the bureaucracy.
The most immediate threat to the economy, however, is the possible expansion of the border conflict with Ethiopia, which broke out in May 1998.
www.fastload.org /ec/Economy_of_Eritrea.html   (595 words)

  
 Economy of Eritrea - Wikipedia, the free encyclopedia
Eritrea faced major economic problems and is in the process of rebuilding its economy.
Eritrea has experienced modest economic growth in recent years, indicated by an improvement in Gross domestic product (GDP) in 2004 of 2.5% over 2003.
Eritrea · Ethiopia · Gabon · The Gambia · Ghana · Guinea · Guinea-Bissau · Kenya · Lesotho · Liberia · Libya · Madagascar · Malawi · Mali · Mauritania · Mauritius · Morocco · Mozambique · Namibia · Niger · Nigeria · Rwanda · São Tomé and Príncipe · Senegal · Seychelles · Sierra Leone · Somalia · South Africa · Sudan · Swaziland · Tanzania · Togo · Tunisia · Uganda · Zambia · Zimbabwe
en.wikipedia.org /wiki/Economy_of_Eritrea   (672 words)

  
 Eritrea: ECONOMY
Eritrea exports fish and sea cucumbers from the Red Sea to markets in Europe and Asia, and there is hope that the construction of a new, jet-capable airport in Massawa, as well as rehabilitation of the port there, may support increased exports of high-value seafood.
The government of Eritrea reportedly is in the process of conducting a geological survey for use by potential investors in the mining sector.
The United Nations said Eritrea's decision to move troops and tanks into a UN buffer zone between the two countries was a "major breach" of a 2000 peace...
www.mongabay.com /reference/new_profiles/204.html   (3371 words)

  
 Eritrea. The Columbia Encyclopedia, Sixth Edition. 2001-05
The southern part of the country is made up of a low, largely desert coastal strip c.30 mi (50 km) wide; in N Eritrea there is a narrower, level coastal zone adjoining a ruggedly mountainous inland plateau (3,000–8,000 ft/914–2,438 m high).
Eritrea’s largely agricultural economy was devastated by its 30-year-long indepedence war with Ethiopia and hurt again by the strain of the 1998–2000 border war.
Ethiopian resistance has delayed finalization of the border, and Eritrea has refused to enter into discussions with Ethiopia.
www.bartleby.com /65/er/Eritrea.html   (1153 words)

  
 WashingtonPost.com: Eritrea-Ethiopia Conflict
Between Ethiopia and Eritrea lies three miles of what has brought the two countries to lethal blows – a dusty terrain of termite mounds, goatherds and bushes just tall enough for a camel to graze upon comfortably.
Eritrea said that it is ready for face-to-face talks with Ethiopia to seek an end to the undeclared month-old border war between the two former East African allies.
The latest fragile peace between Eritrea and Ethiopia was fractured when cannons and Soviet-made tanks battled it out in a rapturously beautiful setting a tourist might have mistaken for the Grand Canyon.
www.washingtonpost.com /wp-srv/inatl/longterm/eritrea/keystories.htm   (835 words)

  
 Eritrea Economy - overview - Economy   (Site not responding. Last check: 2007-09-10)
Since the war ended, the government has maintained a firm grip on the economy, expanding the use of the military and party-owned businesses to complete Eritrea's development agenda.
Eritrea's economic future depends upon its ability to master social problems such as illiteracy, unemployment, and low skills, as well as the willingness to open its economy to private enterprise so that the diaspora's money and expertise can foster economic growth.
Definition: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization.
www.indexmundi.com /eritrea/economy_overview.html   (308 words)

  
 Islam in Africa-Eritrea economy
The economy is largely based on subsistence agriculture, with over 70% of the population involved in farming and herding.
Eritrea has inherited the entire coastline of Ethiopiaand has long-term prospects for revenues from the development of offshore oil fields, offshore fishing, and tourism.
Eritrea's economic future depends on its ability tomaster fundamental social and economic problems, e.g., overcoming illiteracy, promoting job creation, expanding technical training, attracting foreign investment, and streamlining the bureaucracy.
www.islaminafrica.org /eri-e.html   (226 words)

  
 directopedia : Directory : Regional : Africa : Eritrea
Eritrea would have its own parliament and administration, and would be represented in the Ethiopian parliament which would function as the Federal Parliament.
Eritrea's two main ethnic groups are the Tigrigna, who represent about half of the population, and the Tigre, who are about 40%.
In 1993 the Eritrean Orthodox Church was granted autocephaly, and in 1998 the Archbishopric of Asmara, the young nation's capital, was elevated to the rank of patriarchate of Eritrea, within the Coptic church.
www.directopedia.org /directory/Regional-Africa/Eritrea.shtml   (2479 words)

  
 afrol News - Economic crisis continues in Eritrea
In addition to the shrinking economy, the IMF expressed concern about "the increase in inflation, the decline in international reserves to a critically low level, and the sharp contraction in Eritrea's exports." Also an unsustainable foreign debt level was a major source of concern.
As a result of six years of economic crisis, poverty in Eritrea remains pervasive, defence spending large, and fiscal deficits are at unsustainable levels.
Eritrea remains one of the poorest countries in the world, with a per capita GDP of about US$ 130.
www.afrol.com /articles/15589   (750 words)

  
 Asmara and Eritrea
A virtual trip to Asmara and Eritrea for those who were born in Eritrea and now live in the Diaspora, for the visitors of Eritrea, for those who stay behind, and those who are just interested.
Asmara (Asmera), Eritrea's capital is situated on the eastern edge of Eritrea's highland plateau.
Nacfa (Nakfa) the major town in the Sahel region of Eritrea, holds a special significance for the Eritrean people, being the home of the EPLF during their struggle for independence from Ethiopia.
www.asmera.nl   (585 words)

  
 Eritrea - Country Profile - Hagere Ertra
Eritrea is located in Eastern Africa in the Horn of Africa, to the North of Ethiopia and bordering the Red Sea in Northeast.
Latest UN reports (2005) warned that the humanitarian situation in Eritrea was deteriorating, mainly due to recurrent drought and the protracted stalemate in the peace process with Ethiopia.
Eritrea is a member state of COMESA, an organisation of free independent sovereign states which have agreed to co-operate in developing their natural and human resources for the good of all their people.
www.nationsonline.org /oneworld/eritrea.htm   (959 words)

  
 An MBendi Profile: An MBendi Country Profile for Eritrea including economic and travel overviews and directories of ...
Eritrea is Africa's newest independent republic, having gained its independence from Ethiopia in 1993.
Eritrea has undergone a prolonged period of drought that has seriously hindered agriculture and resulted in major food shortages, affecting a population of 4 million (2002).
The economy is agriculture based and employs a large percentage of the population through farming and herding.
www.mbendi.co.za /cyercy.htm   (1014 words)

  
 Economy Of Eritrea   (Site not responding. Last check: 2007-09-10)
Eritrea's economic future depends upon its ability to master social problems such as illiteracy, unemployment, and low skills, and to open its economy to private enterprise so the diaspora's money and expertise can foster economic growth.
If you would like to use this flag of Eritrea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Eritrea or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/eritrea_country_economy.shtml   (475 words)

  
 History of Eritrea   (Site not responding. Last check: 2007-09-10)
In May 1991, the EPLF established the Provisional Government of Eritrea (PGE) to administer Eritrean affairs until a referendum could be held on independence and a permanent government established.
The EPLF (and later its successor, the PFDJ) expressed its commitment to establishing a democratic form of government and a free-market economy in Eritrea.
The Eritrean authorities declared Eritrea an independent state on April 27, and Eritrea officially celebrated its independence on May 24, 1993.
www.historyofnations.net /africa/eritrea.html   (938 words)

  
 Eritrea Papers 2001   (Site not responding. Last check: 2007-09-10)
In summary the energy sector in Eritrea represents approximately 800 to 900 Nakfa per year of economic activity, and it probably growing at 5% to 7% per year with both population and increasing standards of living.
In the biomass sector in Eritrea, measured efficiencies of biomass fuel use are as low as 7% - 11%, and consumption rates are as high as 2.5 tonnes of biomass per household per year.
Over the long term with increasing economies of scale and decreasing wind turbine costs, this area holds the promise of as much as tens of thousands of Megawatts of economical electricity generation capacity with tens of billions of dollars worth of development potential.
www.punchdown.org /rvb/papers/EriPaper2C.html   (5181 words)

  
 Eritrea (08/05)
Eritrea is a member of the African Union (AU) and the Common Market of Eastern and Southern Africa (COMESA).
On April 27, 1993, the United States recognized Eritrea as an independent state, and on June 11, diplomatic relations were established, with a chargé d'affaires.
U.S. interests in Eritrea include consolidating the peace with Ethiopia, encouraging progress toward establishing a democratic political culture, supporting Eritrean efforts to become constructively involved in solving regional problems, assisting Eritrea in dealing with its humanitarian and development needs, and promoting economic reform.
www.state.gov /outofdate/bgn/e/52634.htm   (3238 words)

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