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About
Aruba
Aruba
Population: 71,218 (July 2004 est.)
Languages: Dutch (official), Papiamento (a Spanish, Portuguese,
Dutch, English dialect), English (widely spoken), Spanish
Capital: Oranjestad
Government Type: Parliamentary Democracy
Independence Day: none (part of the Kingdom of the Netherlands)
Legal System: Based on Dutch civil law system, with some English
common law influence.
Currency: Aruban guilder/florin (AWG)
Executive
Branch:
Chief
of State: Queen BEATRIX of the Netherlands (since 30 April 1980),
represented by Governor General Fredis REFUNJOL (since 11 May
2004) head of government: Prime Minister Nelson O. ODUBER (since
30 October 2001) cabinet: Council of Ministers (elected by the
Staten).
Head of Government: The monarch is hereditary; governor general
appointed for a six-year term by the monarch; prime minister
and deputy prime minister elected by the Staten for four-year
terms; election last held 28 September 2001 (next to be held
by December 2005).
American
Embassy: The US does not have an embassy in Aruba.
General Overview: Discovered and claimed for Spain in 1499,
Aruba was acquired by the Dutch in 1636. The island's economy
has been dominated by three main industries. A 19th century
gold rush was followed by prosperity brought on by the opening
in 1924 of an oil refinery. The last decades of the 20th century
saw a boom in the tourism industry. Aruba seceded from the Netherlands
Antilles in 1986 and became a separate, autonomous member of
the Kingdom of the Netherlands. Movement toward full independence
was halted at Aruba's request in 1990.
Economic
Overview: Tourism is the mainstay of the small, open Aruban
economy, with offshore banking and oil refining and storage
also important. The rapid growth of the tourism sector over
the last decade has resulted in a substantial expansion of other
activities. Construction has boomed, with hotel capacity five
times the 1985 level. In addition, the reopening of the country's
oil refinery in 1993, a major source of employment and foreign
exchange earnings, has further spurred growth. Aruba's small
labor force and low unemployment rate have led to a large number
of unfilled job vacancies, despite sharp rises in wage rates
in recent years. Tourist arrivals have declined in the aftermath
of the 11 September 2001 terrorist attacks on the US. The government
now must deal with a budget deficit and a negative trade balance.
International
Disputes:
None
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