Political parties and leaders:
none
Political pressure groups and leaders:
NA
International organization participation:
ACP, ESCAP, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, IMF, IOC,
Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO
Diplomatic representation in the US: chief of mission: Ambassador Hersey KYOTA consulate(s): Saipan (Northern Mariana Islands) FAX: [1] (202) 452-6281 telephone: [1] (202) 452-6814 chancery: 1800 K Street NW, Suite 714, Washington, DC 20006
Diplomatic representation from the US:
chief of mission: the Ambassador to the Philippines is accredited
to Palau
embassy: address NA, Koror
mailing address: P. O. Box 6028, Republic of Palau 96940
telephone: [680] 488-2920, 2990
FAX: [680] 488-2911
Flag description:
light blue with a large yellow disk (representing the moon) shifted
slightly to the hoist side
Economy Palau
Economy - overview:
The economy consists primarily of tourism, subsistence agriculture
and fishing. The government is the major employer of the work force,
relying heavily on financial assistance from the US. Business and
tourist arrivals numbered 50,000 in FY00/01. The population enjoys a
per capita income twice that of the Philippines and much of
Micronesia. Long-run prospects for the key tourist sector have been
greatly bolstered by the expansion of air travel in the Pacific, the
rising prosperity of leading East Asian countries, and the
willingness of foreigners to finance infrastructure development.
GDP:
purchasing power parity - $174 million
note: $174 million $174 million GDP estimate includes US subsidy
(2001 est.)
GDP - real growth rate:
1% (2001 est.)