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Topic: Economy of Liberia

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	Land & Economy of Liberia
		It is bounded on the west by the Republic of Sierra Leone, on the north by the Republic of Guinea, and on the east by Ivory Coast or Cote d'voire.
		Indiscriminate slaughter was inflicted Liberia's timberland, when the warlords raped the land of its timber, and sold it to countries in Europe and Asia, to finance the slaughter of their people.
		Liberia's favorable balance of trade increased from $6 million to $14 million; and from 1960 to 1979, favorable balance of trade rose from $14 million to $30 million.
	pages.prodigy.net /jkess3/Land.html (2170 words)

	Liberia - Open Encyclopedia (Site not responding. Last check: 2007-10-28)
		Liberia is a country on the west coast of Africa, bordered by Sierra Leone, Guinea and Côte d'Ivoire.
		Liberia was settled by freed American slaves in the early 1800s, naming their country for liberty itself.
		Liberia was traditionally noted for its hospitality and academic institutions, cultural skills and arts and craft works.
	open-encyclopedia.com /LR (558 words)

	Encyclopedia: Economy of Liberia (Site not responding. Last check: 2007-10-28)
		Economy - overview: A civil war in 1989-96 destroyed much of Liberia's economy, especially the infrastructure in and around Monrovia.
		Liberia is a member of the Economic Community of West African States (ECOWAS).
		Liberia has relied heavily on vast amounts of foreign assistance, particularly from the United States, Japan, Britain, France, Italy, Germany, the People's Republic of China, and Romania.
	www.nationmaster.com /encyclopedia/Economy-of-Liberia (772 words)

	Liberia Economy
		The Liberian economy relied heavily on the mining of iron ore and on the export of natural rubber prior to the civil war.
		Foreign direct investment is returning to Liberia, attracted to the stable security situation provided by the large UN peacekeeping force and the demonstrated commitment to reform on the part of the Sirleaf administration.
		Large-scale activity in Liberia's logging industry is expected to resume in 2007, and significant diamond sector activity could follow the lifting of UN sanctions.
	www.traveldocs.com /lr/economy.htm (588 words)

	Liberia (Site not responding. Last check: 2007-10-28)
		The Republic of Liberia is a country on the west coast of Africa, bordered by Sierra Leone, Guinea, and Côte d'Ivoire.
		The history of Liberia as a political entity begins with the arrival of the fl American settlers — the Americo-Liberians, as they were to be known — who established a colony of “free men of color” on its shore in 1822 under the auspices of the American Colonization Society.
		The founding of Liberia was privately sponsored by American religious and philanthropic groups, but the colony enjoyed the support and unofficial cooperation of the United States government.
	www.worldhistory.com /wiki/L/Liberia.htm (1317 words)

	Economy (from Liberia) -- Britannica Student Encyclopedia
		Liberia's economy is highly dependent on the export of raw materials, however.
		Liberia is bounded by Sierra Leone to the northwest, Guinea to the north, Cote d'Ivoire to the east, and the Atlantic Ocean to the south and west.
		Liberia is a commercial centre for the surrounding agricultural lands on which livestock is raised and fruits, grains, and sugarcane are cultivated.
	www.britannica.com /ebi/article-203787?tocId=203787 (776 words)

	MapZones.com : Liberia Economy (Site not responding. Last check: 2007-10-28)
		Civil war destroyed much of the economy of Liberia, particularly the infrastructure in and around Monrovia.
		The principal port in Buchanan reopened in mid-1993, and the export of rubber and timber resumed.
		Liberia nevertheless remains a primarily agricultural and underdeveloped nation.
	www.mapzones.com /world/africa/liberia/economyindex.php (282 words)

	Pitfalls Of The Liberian Economy
		Unlike Liberia, Korea and the other tiger countries, and even Ghana, Uganda, etc., have all learned from their past financial maladies that for a country to sustain economic growth, a healthy dose of market discipline is crucial to long term growth.
		Liberia's domestic economic strategies should aim to develop Liberia's domestic economy through an aggressive education program that emphasizes strong technical and professional manpower training and the upgrading of the current workforce.
		Liberia must promote an enabling environment that encourages the growth of new economic activities in manufacturing, agriculture and a service sector of the economy.
	www.theperspective.org /pitfalls.html (1658 words)

	Liberia
		However, Liberia’s growth rates of 6% in the 1960s and 4% in the 1970s, "characterized as growth without development" had relatively little impact on the overwhelming majority of Liberians, and mainly benefited a small urban elite.
		Liberia is located on the southern part of the west coast of Africa.
		The people united in 1839 to form the Commonwealth of Liberia under a governor appointed by the American Colonization Society, and, in 1847, the Free and Independent Republic of Liberia was proclaimed.
	us-africa.tripod.com /liberia.html (1158 words)

	Global Connections . Liberia . U.S. Policy \| PBS
		Liberia had a thriving and prosperous agricultural sector, but, lacking an industrial base at a time when industrialization was critical for economic development, Liberia began to face financial troubles in the 1860s.
		During World War I, Liberia declared war on Germany, previously a major trading partner, in order to appease the U.S. As a consequence, Monrovia was shelled by a German U-boat, and the Liberian economy was crippled as a result of cessation of trade with Germany.
		Liberia viewed his visit as a symbol of the strong relationship between the United States and Liberia, and as a confirmation that the U.S. would be a source of support and aid to Liberia.
	www.pbs.org /wgbh/globalconnections/liberia/essays/uspolicy (2233 words)

	afrol News - Liberia has "dysfunctional economy", UN
		» 13.08.2004 - Norwegian NGO in Liberia accused of bribery
		Liberia's transitional government is said to be doing little to fight poverty and accused of embezzling funds.
		With more than half of the people of Liberia estimated to be living on less than 50 US cents a day, a UN-appointed expert panel says the West African country is suffering from "widespread financial improprieties by government officials, extremely low economic growth, a high foreign and domestic debt burden" and about 80 percent unemployment.
	www.afrol.com /articles/14979 (661 words)

	AllRefer.com - Liberia : Economy, Liberia (Liberian Political Geography) - Encyclopedia
		The civil war that raged from 1990 to 1997 and the significant new fighting since 2001 has had a disastrous effect on the Liberian economy, with many business people fleeing the country as rebels gained control of vast quantities of gold, diamonds, natural rubber, and tropical hardwoods.
		Until the 1950s, Liberia's economy was almost totally dependent upon subsistence farming and the production of rubber.
		Liberia's main trading partners are the United States and the countries of the European Union.
	reference.allrefer.com /encyclopedia/L/Liberia-economy.html (425 words)

	Mr. Dowling's Liberia Page
		Liberia is a West African nation originally founded by freed slaves from the American South between 1820 and 1865.
		Liberia is unique among African nations in that a colonial government has never controlled it.
		Liberia’s recent history is a sad chapter for a nation whose founding was steeped in freedom.
	www.mrdowling.com /610-liberia.html (235 words)

	Liberia Costa Rica - Beach, Airport Hotels and Shuttles
		LIBERIA, COSTA RICA is the capital of sunny Guanacaste province in northwest Costa Rica and gateway to some of the most beautiful beaches and National Parks of Costa Rica.
		Liberia is a friendly and open city compared to other Costa Rican cities of the same size.
		Liberia is the only town in Costa Rica to which the term "colonial" could be applied.
	www.liberiacostaricainfo.com (449 words)

	Liberia (05/07)
		Liberia, which means "land of the free," was founded by free African-Americans and freed slaves from the United States in 1820.
		Liberia is trying to recover from the ravages of war; pipe-borne water and electricity are generally unavailable to most of the population, especially outside Monrovia, and schools, hospitals, roads, and infrastructure remain derelict.
		Liberia is a founding member of the United Nations and its specialized agencies and is a member of the African Union (AU), the Economic Community of West African States (ECOWAS), the African Development Bank (ADB), the Mano River Union (MRU), and the Non-Aligned Movement.
	www.state.gov /r/pa/ei/bgn/6618.htm (3118 words)

	MapZones.com : Liberia History (Site not responding. Last check: 2007-10-28)
		Portuguese explorers accomplished contacts with Liberia as early as 1461 and named the area Grain Coast because of the abundance of grains of Malegueta Pepper.
		Liberia, which means "land of the free," was founded by freed slaves from the United States in 1820.
		The destruction of Liberia’s economy begun by Doe was completed by the war.
	www.mapzones.com /world/africa/liberia/historyindex.php (431 words)

	field - Economy - overview - Equatorial Guinea (Site not responding. Last check: 2007-10-28)
		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.
		The economy benefits from strong electronics and telecommunications sectors and is greatly influenced by developments in Finland, Sweden, and Germany, three major trading partners.
		Ethiopia's poverty-stricken economy is based on agriculture, accounting for half of GDP, 60% of exports, and 80% of total employment.
	www.exxun.com /enec/fd_economy_oview_13.html (1095 words)

	Foreign & Commonwealth Office Country Profiles (Site not responding. Last check: 2007-10-28)
		Liberia was established as an independent state by freed slaves from America in 1847.
		During that era, Liberia was renowned for its stability, its functioning economy and the large amount of foreign investment it attracted largely in the rubber plantations and the iron ore mines.
		Liberia, together with its neighbours Guinea and Sierra Leone, belong to the Mano River Union (MRU), established in 1973.
	www.fco.gov.uk /servlet/Front?pagename=OpenMarket/Xcelerate/ShowPage&c=Page&cid=1007029394365&a=KCountryProfile&aid=1019744966050 (1791 words)

	Voice of Liberia
		The University of Liberia Student Union (ULSU) has sent what seems to be a caveat to the President-elect Madam Ellen Johnson-Sirleaf reminding her of probable reemergence of a dangerous precedent on the political landscape.
		The people of Liberia will make the ultimate decision on November 8, 2005; a decision that shall reshape and reinvigorate the socio-cultural and economic life of a nation beset by rampant corruption for over a century.
		Liberia's rain forest and savannah are rich in timber, rubber and minerals but its infrastructure, once the envy of the region, is so decayed the main business is stripping the ruins.
	www.voiceofliberia.org /newsfiles.htm (1139 words)

	Economy of Liberia (Site not responding. Last check: 2007-10-28)
		Economy - overview: A civil war in 1989-96 destroyed much of Liberia 's economy, especially the infrastructure in and around Monrovia.
		Liberia was a major exporter of ironore on the world market.
		Timber and rubber are Liberia's mainexport items since the end of the war.
	www.therfcc.org /economy-of-liberia-53989.html (704 words)

	Liberia Economy - overview - Economy (Site not responding. Last check: 2007-10-28)
		The departure of the former president, Charles TAYLOR, to Nigeria in August 2003, the establishment of the all-inclusive National Transition Government of Liberia (NTGL), and the arrival of a UN mission are all encouraging signs that the political crisis is coming to an end.
		The restoration of infrastructure and the raising of incomes in this ravaged economy depend on the implementation of sound macro- and micro-economic policies, including the encouragement of foreign investment, and on generous support from donor countries.
		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 /liberia/economy_overview.html (229 words)

	UN council set to prolong diamond ban on Liberia (Site not responding. Last check: 2007-10-28)
		It notes with "serious concern" the increase in Liberia of unlicensed mining and illegal diamond exports, the absence of government control over diamond-producing areas, and "the lack of transparency" in the authorities’ recent decision to grant extensive exclusive mining rights to a single company.
		Liberia’s interim government, installed to run the country until democratic elections due in October, has repeatedly urged the council to end the ban to boost the ailing economy.
		It was arranged through Liberia’s ambassador to Nigeria, Martin George, even though the Security Council imposed an asset freeze and travel ban on George due to his ties to Taylor.
	www.tiscali.co.uk /cgi-bin/news/newswire.cgi/news/reuters/2005/06/16/world/uncouncilsettoprolongdiamondbanonliberia.html&template=/news/templates/newswire/news_story_reuters.html (407 words)

	Bibliography
		Akpan, Monday B., ‘’ The practice of indirect rule in Liberia: The Laying of the Foundations, 1922 – 1915’, in: Hinzen, Eckhard, and Kappel, Robert (eds), ‘Dependence, Underdevelopment and Persistent Conflict – On the Political Economy of Liberia’, pp.
		Maugham, R.C.F., ‘The Republic of Liberia, being a general description of the Negro Republic, with its history, commerce, agriculture, flora, fauna, and present methods of administration’ (New York, 1969; originally published 1920).
		A voyage of emigration to Liberia, West Africa in 1861-1862.
	www.liberiapastandpresent.org /bibliography.htm (2791 words)

	Liberia: Economy — FactMonster.com
		The civil warfare that raged from 1990 to 1997 and from 2001 to 2003 had a disastrous effect on the Liberian economy, with many business people fleeing the country as rebels gained control of vast quantities of gold, diamonds, natural rubber, and tropical hardwoods.
		Until the 1950s, Liberia's economy was almost totally dependent upon subsistence farming and the production of rubber.
		Liberia's main trading partners are the United States and the countries of the European Union.
	www.factmonster.com /ce6/world/A0859265.html (333 words)

	An MBendi Profile: Liberia - Overview
		Liberia is an independent republic which lies on the on the bulge of Africa between Sierra Leone and Cote d'Ivoire and forms part of the West African Region.
		The international time zone for Liberia is GMT and the international dialling code is +231.
		A democratically elected government began its term in 1997; however, the economy has suffered terribly as a result of the war and depletion of various raw materials especially those contributing to the previously prosperous rubber industry.
	www.mbendi.co.za /land/af/li/p0005.htm (457 words)

	Liberia - UN Security Council - Global Policy Forum
		Liberia still serves as a transit point for illicit diamonds and the panel cites its concern over reports that the National Transitional Government of Liberia has signed a 10-year contract with the West Africa mining Corporation.
		Liberia faces a 'make-or-break' situation as voters go to the polls for the first presidential and legislative elections since the 14-year civil war ended in 2003.
		Liberia complains to the UN arguing that its neighbor, Guinea, is supporting the rebel Liberians United for Reconciliation and Democracy (LURD.) Liberian President Charles Taylor says that the government of Guinea is facilitating the establishment of LURD by permitting the recruitment, training and arming of Liberian refugees living in the territory of its country.
	www.globalpolicy.org /security/issues/liberindex.htm (7671 words)

	"); NewWindow.document.write("IRINnews"); NewWindow.document.write(" (Site not responding. Last check: 2007-10-28)
		The team, the first to visit the war-torn country since it was suspended from the IMF in March, would discuss the possibility of lifting the suspension, officials said.
		The IMF suspended Liberia in March, saying the country had failed to strengthen its cooperation with the fund in the areas of policy implementation and payments.
		The IMF team was due to meet officials from the Central Bank of Liberia, the Forestry development Authority, the Ministry of Commerce and the Budget Bureau.
	www.irinnews.org /report.asp?ReportID=38198&SelectRegion=West_Africa&SelectCountry=LIBERIA (643 words)

	Liberia -> Economy on Encyclopedia.com 2002 (Site not responding. Last check: 2007-10-28)
		The civil warfare that raged from 1990 to 1997 and from 2001 to 2003 had a disastrous effect on the Liberian economy, with many business people fleeing the country as rebels gained control of vast quantities of gold, diamonds, natural rubber, and tropical hardwoods.
		Security Council demands that Liberia immediately cease support for Sierra Leone's RUF and other armed rebel groups; Resolution 1344 (2001) adopted unanimously; Council also demands that Liberia cease import of Sierra...
		Security Council renews Liberia sanctions on arms, travel, timber, diamonds, unanimously adopting resolution 1579 (2004); Assessment mission determines conditions not yet met for lifting ban.
	www.encyclopedia.com /html/section/Liberia_Economy.asp (831 words)

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