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Text File  |  1995-06-26  |  524 b   |  7 lines

  1. Western Samoa Economics
  2.  
  3. Strengths
  4. Light manufacturing growing; in 1992, it accounted for 75% of export earnings. Attracting foreign, especially Japanese, firms. Services growing rapidly since 1989 launch of offshore banking. Tropical agriculture; taro, coconut cream, cocoa, copra are main exports.
  5.  
  6. Weaknesses
  7. Chronic balance of trade and payments deficits; dependence on aid and expatriate remittances. Declining agricultural exports. Clash between communal "fa'a Samoa" and donor pressure for market-style reforms.