:Wallis and Futuna Economy
Overview:
The economy is limited to traditional subsistence agriculture, with about
80% of the labor force earning its livelihood from agriculture (coconuts and
vegetables), livestock (mostly pigs), and fishing. About 4% of the
population is employed in government. Revenues come from French Government
subsidies, licensing of fishing rights to Japan and South Korea, import
taxes, and remittances from expatriate workers in New Caledonia. Wallis and
Futuna imports food, fuel, clothing, machinery, and transport equipment, but
its exports are negligible, consisting of copra and handicrafts.
GDP:
exchange rate conversion - $25 million, per capita $1,500; real growth rate
NA% (1991 est.)
Inflation rate (consumer prices):
NA%
Unemployment rate:
NA%
Budget:
revenues $2.7 million; expenditures $2.7 million, including capital
expenditures of $NA (1983)
Exports:
negligible
commodities:
copra, handicrafts
partners:
NA
Imports:
$13.3 million (c.i.f., 1984)
commodities:
foodstuffs, manufactured goods, transportation equipment, fuel
partners:
France, Australia, New Zealand
External debt:
$NA
Industrial production:
growth rate NA%
Electricity:
1,200 kW capacity; 1 million kWh produced, 70 kWh per capita (1990)
Industries:
copra, handicrafts, fishing, lumber
Agriculture:
dominated by coconut production, with subsistence crops of yams, taro,
bananas, and herds of pigs and goats
Economic aid:
Western (non-US) countries, ODA and OOF bilateral commitments (1970-89),
$118 million
Currency:
Comptoirs Francais du Pacifique franc (plural - francs); 1 CFP franc (CFPF)
= 100 centimes
Exchange rates:
Comptoirs Francais du Pacifique francs (CFPF) per US$1 - 102.53 (March
1992), 102.57 (1991), 99.0 (1990), 115.99 (1989), 108.30 (1988), 109.27
(1987); note - linked at the rate of 18.18 to the French franc
Fiscal year:
NA
:Wallis and Futuna Communications
Highways:
100 km on Ile Uvea, 16 km sealed; 20 km earth surface on Ile Futuna
Inland waterways:
none
Ports:
Mata-Utu, Leava
Airports:
2 total; 2 usable; 1 with permanent-surface runways; none with runways over
2,439 m; 2 with runways 1,220-2,439 m
Telecommunications:
225 telephones; broadcast stations - 1 AM, no FM, no TV
:Wallis and Futuna Defense Forces
Note: defense is the responsibility of France
:West Bank Header
Note:
The war between Israel and the Arab states in June 1967 ended with Israel in
control of the West Bank and the Gaza Strip, the Sinai, and the Golan
Heights. As stated in the 1978 Camp David Accords and reaffirmed by
President Bush's post-Gulf crisis peace initiative, the final status of the
West Bank and the Gaza Strip, their relationship with their neighbors, and a
peace treaty between Israel and Jordan are to be negotiated among the
concerned parties. Camp David further specifies that these negotiations will
resolve the respective boundaries. Pending the completion of this process,
it is US policy that the final status of the West Bank and the Gaza Strip
has yet to be determined. In the view of the US, the term West Bank
describes all of the area west of the Jordan River under Jordanian
administration before the 1967 Arab-Israeli war. However, with respect to
negotiations envisaged in the framework agreement, it is US policy that a
distinction must be made between Jerusalem and the rest of the West Bank
because of the city's special status and circumstances. Therefore, a
negotiated solution for the final status of Jerusalem could be different in
character from that of the rest of the West Bank.
:West Bank Geography
Total area:
5,860 km2
Land area:
5,640 km2; includes West Bank, East Jerusalem, Latrun Salient, Jerusalem No
Man's Land, and the northwest quarter of the Dead Sea, but excludes Mt.
Scopus
Comparative area:
slightly larger than Delaware
Land boundaries:
404 km total; Israel 307 km, Jordan 97 km
Coastline:
none - landlocked
Maritime claims:
none - landlocked
Disputes:
Israeli occupied with status to be determined
Climate:
temperate, temperature and precipitation vary with altitude, warm to hot
summers, cool to mild winters
Terrain:
mostly rugged dissected upland, some vegetation in west, but barren in east
Natural resources:
negligible
Land use:
arable land 27%, permanent crops 0%, meadows and pastures 32%, forest and
woodland 1%, other 40%
Environment:
highlands are main recharge area for Israel's coastal aquifers
Note:
landlocked; there are 175 Jewish settlements in the West Bank and 14
Israeli-built Jewish neighborhoods in East Jerusalem