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Micronesia

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Background:
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In 1979 the Federated States of
Micronesia, a UN Trust Territory under US administration, adopted a
constitution. In 1986 independence was attained under a Compact of Free
Association with the US. Present concerns include large-scale unemployment,
overfishing, and overdependence on US aid. |
Location:
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Oceania, island group in the North Pacific
Ocean, about three-quarters of the way from Hawaii to Indonesia |
Geographic coordinates:
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6 55 N, 158 15 E |
Area:
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total: 702 sq
km
note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands,
and Kosrae (Kosaie)
water: 0 sq km (fresh water only)
land: 702 sq km |
Maritime claims:
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territorial sea:
12 nm
exclusive economic zone: 200 nm |
Climate:
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tropical; heavy year-round rainfall,
especially in the eastern islands; located on southern edge of the typhoon
belt with occasionally severe damage |
Terrain:
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islands vary geologically from high
mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei,
Kosrae, and Chuuk |
Elevation extremes:
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lowest point:
Pacific Ocean 0 m
highest point: Dolohmwar (Totolom) 791 m |
Natural resources:
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forests, marine products, deep-seabed
minerals |
Land use:
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arable land:
5.71%
permanent crops: 45.71%
other: 48.58% (2001) |
Irrigated land:
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NA sq km |
Natural hazards:
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typhoons (June to December) |
Environment - current issues:
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overfishing, climate change, pollution
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Geography - note:
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four major island groups totaling 607
islands |
Population:
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108,155 (July 2004 est.) |
Ethnic groups:
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nine ethnic Micronesian and Polynesian
groups |
Religions:
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Roman Catholic 50%, Protestant 47%
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Languages:
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English (official and common language),
Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro,
Kapingamarangi |
Government type:
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constitutional government in free
association with the US; the Compact of Free Association entered into force
3 November 1986; economic provisions of the Compact are being renegotiated
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Capital:
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Palikir |
Independence:
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3 November 1986 (from the US-administered
UN Trusteeship) |
National holiday:
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Constitution Day, 10 May (1979)
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Legal system:
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based on adapted Trust Territory laws,
acts of the legislature, municipal, common, and customary laws |
Economy - overview:
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Economic activity consists primarily of
subsistence farming and fishing. The islands have few mineral deposits worth
exploiting, except for high-grade phosphate. The potential for a tourist
industry exists, but the remote location, a lack of adequate facilities, and
limited air connections hinder development. In November 2002, the country
experienced a further reduction in future revenues from the Compact of Free
Association - the agreement with the US in which Micronesia received $1.3
billion in financial and technical assistance over a 15-year period until
2001. The country's medium-term economic outlook appears fragile due not
only to the reduction in US assistance but also to the slow growth of the
private sector. Geographical isolation and a poorly developed infrastructure
remain major impediments to long-term growth. |
Inflation rate (consumer prices):
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1% (2002 est.) |
Agriculture - products:
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black pepper, tropical fruits and
vegetables, coconuts, cassava (tapioca), betel nuts, sweet potatoes; pigs,
chickens |
Industries:
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tourism, construction, fish processing,
specialized aquaculture, craft items from shell, wood, and pearls
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Exports - commodities:
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fish, garments, bananas, black pepper
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Exports - partners:
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Japan, US, Guam (2000) |
Imports - commodities:
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food, manufactured goods, machinery and
equipment, beverages |
Imports - partners:
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US, Australia, Japan (2000) |
Currency:
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US dollar (USD) |
Telephones - main lines in use:
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10,100 (2001) |
Telephones - mobile cellular:
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1,800 (2002) |
Highways:
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total: 240 km
paved: 42 km
unpaved: 198 km (1999 est.) |
Ports and harbors:
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Colonia (Yap), Kolonia (Pohnpei), Lele,
Moen |
Merchant marine:
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none |
Airports:
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6 (2003 est.) |
Airports - with paved runways:
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total: 6
1,524 to 2,437 m: 4
914 to 1,523 m: 2 (2003 est.) |
Military - note:
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Federated States of Micronesia (FSM) is a
sovereign, self-governing state in free association with the US; FSM is
totally dependent on the US for its defense |
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