Country Profile: Guadeloupe
Guadeloupe has been a French possession since 1635. The island of Saint Martin is shared with the Netherlands; its southern portion is named Sint Maarten and is part of the Netherlands Antilles and its northern portion is named Saint-Martin and is part of Guadeloupe
Economy: The Caribbean economy depends on agriculture, tourism, light industry, and services. It also depends on France for large subsidies and imports. Tourism is a key industry, with most tourists from the US; an increasingly large number of cruise ships visit the islands. The traditional sugarcane crop is slowly being replaced by other crops, such as bananas (which now supply about 50% of export earnings), eggplant, and flowers. Other vegetables and root crops are cultivated for local consumption, although Guadeloupe is still dependent on imported food, mainly from France. Light industry features sugar and rum production. Most manufactured goods and fuel are imported. Unemployment is especially high among the young. Hurricanes periodically devastate the economy.
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