Informal economy cushions hard times for many Yemenis
Article Abstract:
Informal economic activity has mitigated economic hardship in Yemen, the country formed on May 22, 1990 when North Yemen united with South Yemen. Reduced foreign aid and the repatriation of 850,000 Yemenis following Yemen's support for Iraq in the Persian Gulf War caused most of the country's current economic difficulties. However, the country's oil industry, which produced 90% of Yemen's export earnings in 1991, will probably continue to grow. Other sectors likely to be attractive to foreign companies are agriculture, fisheries, mining and quarrying and light industry such as food processing.
Publication Name: Middle East Executive Reports
Subject: Economics
ISSN: 0271-0498
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Hard to Let Go
Article Abstract:
Mexico's austere economic measures have eased its financial crisis. However, businessmen are concerned because there has been little divestiture of the state's corporate empire. There is particular dissatisfaction with state-run banks.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
User Contributions:
Comment about this article or add new information about this topic:
Hard to Replace
Article Abstract:
Senator Paul Tsongas from Massachusetts is giving up his career. He has cancer and wishes to concentrate on his family. He will be a loss to the Congress.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Economic development, foreign investment and the peace process. U.N. claims process: steps taken to date, issues to resolve
- Abstracts: Logistics technology: shipping through cyberspace. The race for cyberspace
- Abstracts: Italy. Money and inventories in an economy with uncertain and sequential trade. The long-run stability of the demand for money: Italy 1861-1996
- Abstracts: Managerial judges: an economic analysis of the judicial management of legal discovery. Entry and managerial incentives: A note
- Abstracts: Report on quality changes for 1999 model vehicles. Challenging changes. Botha Changes the Landscape