世界各国

Monaco

Introduction to Monaco

Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center.

Government

Capital:

Monaco 

Independence:

1419 (beginning of the rule by the House of Grimaldi) 

National holiday:

National Day (Prince of Monaco Holiday), 19 November 

Economy

Economy overview:

Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. In 2001, a major construction project extended the pier used by cruise ships in the main harbor. The principality has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. Living standards are high, roughly comparable to those in prosperous French metropolitan areas. Monaco does not publish national income figures; the estimates below are extremely rough. 

GDP:

purchasing power parity - $870 million (2000 est.) 

Industries:

tourism, construction, small-scale industrial and consumer products 

Transportation

Highways:

total: 50 km
paved: 50 km
unpaved: 0 km (1999 est.)

Ports and harbors:

Monaco

 

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