Since 1984 the government has accomplished major economic restructuring, moving an agrarian economy dependent on a concessionary British market access toward a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes, broadened and deepened the technological capabilities of the industrial sector, and contained inflationary pressures. Growth continued strong in 1995, but tailed off in 1996-97.
Inflation remains among the lowest in the industrial world.
Per capita GDP has been moving up to the levels of the big West European economies. However, the Asian economic crisis may slow GDP growth in 1998. All information is subject to change at any time. Global Direct Corp. assumes no liability for the use of the database or activities of its franchisees. Global Direct is growing rapidly through interaction with our visitors from all over the world.