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Economy of Liberia

Index Economy of Liberia

Liberia is one of the poorest countries in the world, and its economy is extremely underdeveloped, largely due to the First Liberian Civil War in 1989-96. [1]

78 relations: African Development Bank, African Union, Agriculture, Aid, Americo-Liberians, Anadarko Petroleum, Cement, Central Bank of Liberia, Chemical substance, Chevron Corporation, China, Cocoa bean, Coffee, Coup d'état, Diamond, Economic Community of West African States, Economic growth, Electricity pricing, Engine-generator, External debt, Final good, Financial crisis of 2007–2008, Firestone Natural Rubber Company, First Liberian Civil War, Flag of convenience, Flag state, Food, Forest, France, Fuel, Germany, Greater Monrovia District, Group of 77, Guinea, Human capital flight, Human rights, India, Industry, International Monetary Fund, Iron, Italy, Japan, Lebanon, Liberia, Liberia Cement Corporation, Libya, License block, List of countries by GDP (PPP) per capita, Lumber, Machine (mechanical), ..., Mano River Union, Metric system, Mineral, Monrovia, Natural rubber, Overseas Chinese, Palm oil, Panama, Purchasing power parity, Repsol, Revolutionary United Front, Robert L. Johnson, Romania, Service (economics), Sierra Leone, Taiwan, The World Factbook, Tourism in Liberia, Transport, Transport in Liberia, United Kingdom, United Nations, United States, Water, West Africa, Woodside Petroleum, World Bank, World Trade Organization. Expand index (28 more) »

African Development Bank

The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution.

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African Union

The African Union (AU) is a continental union consisting of all 55 countries on the African continent, extending slightly into Asia via the Sinai Peninsula in Egypt.

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Agriculture

Agriculture is the cultivation of land and breeding of animals and plants to provide food, fiber, medicinal plants and other products to sustain and enhance life.

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Aid

In international relations, aid (also known as international aid, overseas aid, foreign aid or foreign assistance) is – from the perspective of governments – a voluntary transfer of resources from one country to another.

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Americo-Liberians

Americo-Liberians, or African Americans in Liberian English, are a Liberian ethnicity of African-American, Afro-Caribbean, and liberated African descent.

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Anadarko Petroleum

Anadarko Petroleum Corporation is an American petroleum and natural gas exploration and production company headquartered in two skyscrapers in The Woodlands, Texas: the Allison Tower and the Hackett Tower, both named after former CEOs of the company.

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Cement

A cement is a binder, a substance used for construction that sets, hardens and adheres to other materials, binding them together.

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Central Bank of Liberia

The Central Bank of Liberia is Liberia's central bank.

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Chemical substance

A chemical substance, also known as a pure substance, is a form of matter that consists of molecules of the same composition and structure.

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Chevron Corporation

Chevron Corporation is an American multinational energy corporation.

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China

China, officially the People's Republic of China (PRC), is a unitary one-party sovereign state in East Asia and the world's most populous country, with a population of around /1e9 round 3 billion.

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Cocoa bean

The cocoa bean, also called cacao bean, cocoa, and cacao, is the dried and fully fermented seed of Theobroma cacao, from which cocoa solids and, because of the seed's fat, cocoa butter can be extracted.

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Coffee

Coffee is a brewed drink prepared from roasted coffee beans, which are the seeds of berries from the Coffea plant.

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Coup d'état

A coup d'état, also known simply as a coup, a putsch, golpe de estado, or an overthrow, is a type of revolution, where the illegal and overt seizure of a state by the military or other elites within the state apparatus occurs.

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Diamond

Diamond is a solid form of carbon with a diamond cubic crystal structure.

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Economic Community of West African States

The Economic Community of West African States, also known as ECOWAS, is a regional economic union of fifteen countries located in West Africa.

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Economic growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

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Electricity pricing

Electricity pricing (sometimes referred to as electricity tariff or the price of electricity) varies widely from country to country and may vary significantly from locality to locality within a particular country.

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Engine-generator

An engine-generator or portable generator is the combination of an electrical generator and an engine (prime mover) mounted together to form a single piece of equipment.

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External debt

External loan (or foreign debt) is the total debt a country owes to foreign creditors, complemented by internal debt owed to domestic lenders.

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Final good

In economics, any commodity which is produced and subsequently consumed by the consumer, to satisfy his current wants or needs, is a consumer good or final good.

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Financial crisis of 2007–2008

The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.

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Firestone Natural Rubber Company

Firestone Natural Rubber Company, LLC is a subsidiary of the Bridgestone Americas, Inc.

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First Liberian Civil War

The First Liberian Civil War was an internal conflict in Liberia from 1989 until 1997.

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Flag of convenience

Flag of convenience (FOC) is a business practice whereby a ship's owners register a merchant ship in a ship register of a country other than that of the ship's owners, and the ship flies the civil ensign of that country, called the flag state.

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Flag state

The flag state of a merchant vessel is the jurisdiction under whose laws the vessel is registered or licensed.

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Food

Food is any substance consumed to provide nutritional support for an organism.

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Forest

A forest is a large area dominated by trees.

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France

France, officially the French Republic (République française), is a sovereign state whose territory consists of metropolitan France in Western Europe, as well as several overseas regions and territories.

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Fuel

A fuel is any material that can be made to react with other substances so that it releases energy as heat energy or to be used for work.

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Germany

Germany (Deutschland), officially the Federal Republic of Germany (Bundesrepublik Deutschland), is a sovereign state in central-western Europe.

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Greater Monrovia District

Greater Monrovia is one of four districts located in Montserrado County, Liberia.

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Group of 77

The Group of 77 (G77) at the United Nations is a coalition of developing nations, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations.

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Guinea

Guinea, officially the Republic of Guinea (République de Guinée), is a country on the western coast of Africa.

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Human capital flight

Human capital flight refers to the emigration of individuals who have received advanced training at home.

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Human rights

Human rights are moral principles or normsJames Nickel, with assistance from Thomas Pogge, M.B.E. Smith, and Leif Wenar, December 13, 2013, Stanford Encyclopedia of Philosophy,, Retrieved August 14, 2014 that describe certain standards of human behaviour and are regularly protected as natural and legal rights in municipal and international law.

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India

India (IAST), also called the Republic of India (IAST), is a country in South Asia.

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Industry

Industry is the production of goods or related services within an economy.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Iron

Iron is a chemical element with symbol Fe (from ferrum) and atomic number 26.

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Italy

Italy (Italia), officially the Italian Republic (Repubblica Italiana), is a sovereign state in Europe.

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Japan

Japan (日本; Nippon or Nihon; formally 日本国 or Nihon-koku, lit. "State of Japan") is a sovereign island country in East Asia.

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Lebanon

Lebanon (لبنان; Lebanese pronunciation:; Liban), officially known as the Lebanese RepublicRepublic of Lebanon is the most common phrase used by Lebanese government agencies.

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Liberia

Liberia, officially the Republic of Liberia, is a country on the West African coast.

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Liberia Cement Corporation

The Liberia Cement Corporation, also known as Cemenco,, AllAfrica.com, 2012-04-24.

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Libya

Libya (ليبيا), officially the State of Libya (دولة ليبيا), is a sovereign state in the Maghreb region of North Africa, bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south and Algeria and Tunisia to the west.

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License block

A license block is a geographically defined area for the purpose of prospecting, exploration and mining or extraction of natural resources.

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List of countries by GDP (PPP) per capita

Three lists of countries below calculate gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.

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Lumber

Lumber (American English; used only in North America) or timber (used in the rest of the English speaking world) is a type of wood that has been processed into beams and planks, a stage in the process of wood production.

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Machine (mechanical)

Machines employ power to achieve desired forces and movement (motion).

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Mano River Union

The Mano River Union (MRU) is an international association initially established between Liberia and Sierra Leone by the 3 October 1971 Mano River Declaration.

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Metric system

The metric system is an internationally adopted decimal system of measurement.

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Mineral

A mineral is a naturally occurring chemical compound, usually of crystalline form and not produced by life processes.

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Monrovia

Monrovia is the capital city of the West African country of Liberia.

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Natural rubber

Natural rubber, also called India rubber or caoutchouc, as initially produced, consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds, plus water.

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Overseas Chinese

No description.

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Palm oil

Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of the oil palms, primarily the African oil palm Elaeis guineensis, and to a lesser extent from the American oil palm Elaeis oleifera and the maripa palm Attalea maripa.

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Panama

Panama (Panamá), officially the Republic of Panama (República de Panamá), is a country in Central America, bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south.

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Purchasing power parity

Purchasing power parity (PPP) is a neoclassical economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power.

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Repsol

Repsol S.A., El Nuevo Herald, 2012-05-31Originally an initialism for Refinería de Petróleos de Escombreras adding the word Sol (Sun) is an integrated global energy company based in Madrid, Spain.

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Revolutionary United Front

Revolutionary United Front (RUF) was a rebel army that fought a failed eleven-year war in Sierra Leone, starting in 1991 and ending in 2002.

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Robert L. Johnson

Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor.

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Romania

Romania (România) is a sovereign state located at the crossroads of Central, Eastern, and Southeastern Europe.

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Service (economics)

In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer.

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Sierra Leone

Sierra Leone, officially the Republic of Sierra Leone, is a country in West Africa.

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Taiwan

Taiwan, officially the Republic of China (ROC), is a state in East Asia.

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The World Factbook

The World Factbook, also known as the CIA World Factbook, is a reference resource produced by the Central Intelligence Agency (CIA) with almanac-style information about the countries of the world.

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Tourism in Liberia

Tourism forms a small part of the national economy of Liberia.

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Transport

Transport or transportation is the movement of humans, animals and goods from one location to another.

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Transport in Liberia

Transport in Liberia consist of railways, highways, seaports and airports.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United Nations

The United Nations (UN) is an intergovernmental organization tasked to promote international cooperation and to create and maintain international order.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Water

Water is a transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's streams, lakes, and oceans, and the fluids of most living organisms.

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West Africa

West Africa, also called Western Africa and the West of Africa, is the westernmost region of Africa.

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Woodside Petroleum

Woodside Petroleum Limited is an Australian petroleum exploration and production company.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

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Redirects here:

Economy of liberia, First Secretary of Commerce, Industry and Labor, Liberia/Economy.

References

[1] https://en.wikipedia.org/wiki/Economy_of_Liberia

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