In step with the rate of change

Article Abstract:

The Latvian economy has seen significant improvements since the early 1990s, and inflation has now fallen to 8%, one of the lowest among Eastern European countries. The currency is stable and fully convertible, and the economy is expanding at around 5% a year. The country's manufacturing industries have restructured, and the privatization programme is due to be almost completed by mid-1998. However, unemployment remains quite high and the country also has a very high proportion of elderly people.

Latvia

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Local control helps Tigray develop

Article Abstract:

There are still significant problems for the inhabitants of Tigray, the most northerly region of Ethiopia. Crops failed in 1997 because of insufficient rainfall, and food and water remain in short supply. However, there are indications that conditions in Tigray are beginning to improve. The administration in Makele, the capital of the region, has been given more powers, and the World Bank has agreed to support a road development scheme and the Gilgel Gibe hydroelectric power project.

Ethiopia, Tigray, Ethiopia

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