Economy+JY

=Economy=

Northern Africa Despite the current global economic recession, Africa continues to maintain high economic growth. The economy of Africa consists of trade, industry and resources made by the people in Africa. For many years Africa is suffering from poverty. Poverty effects are the following: low life expectancy, violence, and instability. The GDP is $1,150 billion (2007).

Southwestern Asia There is huge economic differences between the countrie swith high oil revenues and those with very little. For example the countries bordering the Persian Gulf possess huge oil reserves. Lebanon, Jordan and Yemen are much less developed than the other nations for they are oil-poor countries.