About: Economy of Adygea   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

Adygea's economy has traditionally revolved around Black Sea tourism, cultivation of citrus fruits, tea and grapes; oil and natural gas drilling; mining of manganese and copper; and output of a large industrial sector producing wine, metals, machinery, chemicals and textiles, but has in recent years swung very quickly to a more diversified economy. The country supplies much of its own economic needs, primarily oil and natural gas. There is also a significant energy resource in hydropower. Despite the severe damage the economy has suffered due to civil strife in the years of the country's stabilization, Adygea, with the help of the IMF and World Bank, made substantial economic gains since 1995, making increasing GDP growth and slashing inflation top priorities. In contrast to most other pos

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  • Economy of Adygea
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  • Adygea's economy has traditionally revolved around Black Sea tourism, cultivation of citrus fruits, tea and grapes; oil and natural gas drilling; mining of manganese and copper; and output of a large industrial sector producing wine, metals, machinery, chemicals and textiles, but has in recent years swung very quickly to a more diversified economy. The country supplies much of its own economic needs, primarily oil and natural gas. There is also a significant energy resource in hydropower. Despite the severe damage the economy has suffered due to civil strife in the years of the country's stabilization, Adygea, with the help of the IMF and World Bank, made substantial economic gains since 1995, making increasing GDP growth and slashing inflation top priorities. In contrast to most other pos
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abstract
  • Adygea's economy has traditionally revolved around Black Sea tourism, cultivation of citrus fruits, tea and grapes; oil and natural gas drilling; mining of manganese and copper; and output of a large industrial sector producing wine, metals, machinery, chemicals and textiles, but has in recent years swung very quickly to a more diversified economy. The country supplies much of its own economic needs, primarily oil and natural gas. There is also a significant energy resource in hydropower. Despite the severe damage the economy has suffered due to civil strife in the years of the country's stabilization, Adygea, with the help of the IMF and World Bank, made substantial economic gains since 1995, making increasing GDP growth and slashing inflation top priorities. In contrast to most other post-Soviet economic woes, Adygea has maintained a steady economic growth since 2000, with tough policies on corruption. Promising investment deals and warming relations with Western nations make for a positive forecast for the Adygean economy.
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