Military expenditures - dollar figure:
$1.3 billion (FY99)
Military expenditures - percent of GDP:
3.9% (FY99)
Transnational Issues Libya
Disputes - international:
Libya has claimed more than 32,000 sq km in southeastern Algeria
and about 25,000 sq km in Niger in currently dormant disputes;
various Chadian rebels from the Aozou region reside in southern Libya
This page was last updated on 10 February, 2005
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@Liechtenstein
Introduction Liechtenstein
Background:
The Principality of Liechtenstein was established within the Holy
Roman Empire in 1719; it became a sovereign state in 1806. Until the
end of World War I, it was closely tied to Austria, but the economic
devastation caused by that conflict forced Liechtenstein to enter
into a customs and monetary union with Switzerland. Since World War
II (in which Liechtenstein remained neutral), the country's low
taxes have spurred outstanding economic growth. Shortcomings in
banking regulatory oversight have resulted in concerns about the use
of the financial institutions for money laundering. Liechtenstein
has, however, implemented new anti-money-laundering legislation and
recently concluded a Mutual Legal Assistance Treaty with the US.
Geography Liechtenstein