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  • Title: Honduras.
    Author: United States. Department of State. Bureau of Public Affairs.
    Journal: Backgr Notes Ser; 1989 Sep; ():1-7. PubMed ID: 12178019.
    Abstract:
    Honduras is a country with an area of 68,000 square miles, with considerable mountainous terrain, and a subtropical but variable climate. It has a population of 4.4 million people and an annual growth rate of 3.1%. The ethnic make up is 90% mestizo, a mixture of Indian and European, with others consisting of Arab, African, oriental, and Indians. The main religion is Catholic with a fast growing Protestant minority, and the language is Spanish. Infant mortality is 60/1000 and life expectancy is 63 years. The work force is mainly agricultural 63%, services 20%, manufacturing 9%, and construction 3%. The government is a democratic constitutional republic established in 1821. The budget is $1,334 million with 7% used for defense, and the gross national product is $4.4 billion with an annual growth rate of 4.5%. Despite being poor and underdeveloped, natural resources include arable land, hydro- electric power, and considerable forest, marine, and mineral resources. Agriculture products include coffee, bananas, citrus fruit, corn, beans, and livestock. The major industries are textiles, cement, wood products, cigars and foodstuffs. Unemployment is over 15% and underemployment is estimated over 40% with the literacy rate at only 60%. In the last few years with US aid the economy has grown 3.8% a year assisted by mining, construction and the service sectors. Honduras must undertake major economic reforms to gain longterm growth and stability since it has large fiscal and trade deficits, a large public bureaucracy, poorly run state enterprises and overvalued exchange rate.
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