Judicial branch: High Court or Landsret

Political parties and leaders: two-party ruling coalition; Siumut (Forward Party, a moderate socialist party that advocates more distinct Greenlandic identity and greater autonomy from Denmark) [Lars Emil JOHANSEN, chairman]; Inuit Ataqatigiit or IA (Eskimo Brotherhood, a Marxist-Leninist party that favors complete independence from Denmark rather than home rule) [Josef MOTZFELDT]; Atassut Party (Solidarity, a more conservative party that favors continuing close relations with Denmark) [Daniel SKIFTE]; Akulliit Party [Bjarne KREUTZMANN]; Issituup (Polar Party) [Nicolai HEINRICH]

Diplomatic representation in the US: none (self-governing overseas administrative division of Denmark)

Diplomatic representation from the US: none (self-governing overseas administrative division of Denmark)

Flag description: two equal horizontal bands of white (top) and red with a large disk slightly to the hoist side of center - the top half of the disk is red, the bottom half is white

Economy

Economy - overview: Greenland suffered negative economic growth in the early 1990s, but since 1993 the economy has improved. Nonetheless, prospects for substantial economic growth in the near future are poor. The Greenland Home Rule Government (GHRG) has pursued a light fiscal policy since the late 1980s which has helped create surpluses in the public budget and low inflation. Since 1990, Greenland has registered a foreign trade deficit following the closure of the last remaining lead and zinc mine in 1989. Greenland today is critically dependent on fishing and fish exports; the shrimp fishery is by far the largest income earner. Despite resumption of several interesting hydrocarbon and minerals exploration activities, it will take several years before production can materialize. Tourism is the only sector offering any near term potential and even this is limited due to a short season and high costs. The public sector, including publicly owned enterprises and the municipalities, plays the dominant role in Greenland's economy. About half the government revenues come from grants from the Danish Government, an important supplement of GDP.

GDP: purchasing power parity - $892 million (1995 est.)

GDP - real growth rate: NA%

GDP - per capita: purchasing power parity - $15,500 (1995 est.)