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NAVIGATION
Bailiwick of Jersey
former: Dukedom of Normandy
GOVERNMENT
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Country name:
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conventional long form: Bailiwick of Jersey
conventional short form: Jersey |
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Dependency status:
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British crown dependency |
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Government type:
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NA |
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Capital:
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Saint Helier |
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Administrative divisions:
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none (British crown dependency) |
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Independence:
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none (British crown dependency) |
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National holiday:
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Liberation Day, 9 May (1945) |
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Constitution:
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unwritten; partly statutes, partly common law and practice |
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Legal system:
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English law and local statute |
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Suffrage:
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NA years of age; universal adult |
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Executive branch:
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chief of state: Queen ELIZABETH II (since 6 February 1952)
elections: none; the monarch is hereditary; lieutenant governor and bailiff appointed by the monarch head of government: Lieutenant Governor and Commander in Chief Air Chief Marshall Sir John CHESHIRE (since 24 January 2001) and Bailiff Philip Martin BAILHACHE (since NA February 1995) cabinet: committees appointed by the Assembly of the States |
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Legislative branch:
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unicameral Assembly of the States (55 voting members - 12 senators (elected for 6-year terms), 12 constables or heads of parishes (elected for 3-year terms), 29 deputies (elected for 3-year terms); the bailiff and the deputy bailiff; and 3 non-voting members - the Dean of Jersey, the Attorney General, and the Solicitor General all appointed by the monarch
elections: last held NA (next to be held NA) election results: percent of vote - NA%; seats - independents 52 |
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Judicial branch:
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Royal Court (judges elected by an electoral college and the bailiff) |
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Political parties and leaders:
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none; all independents |
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Political pressure groups and leaders:
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none |
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Diplomatic representation in the US:
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none (British crown dependency) |
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Diplomatic representation from the US:
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none (British crown dependency) |
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Flag description:
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white with a diagonal red cross extending to the corners of the flag and in the upper quadrant, surmounted by a yellow crown, a red shield holding the three lions of England in yellow |
ECONOMY
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Economy - overview:
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The economy is based largely on international financial services, agriculture, and tourism. Potatoes, cauliflower, tomatoes, and especially flowers are important export crops, shipped mostly to the UK. The Jersey breed of dairy cattle is known worldwide and represents an important export income earner. Milk products go to the UK and other EU countries. In 1996 the finance sector accounted for about 60% of the island's output. Tourism, another mainstay of the economy, accounts for 24% of GDP. In recent years, the government has encouraged light industry to locate in Jersey, with the result that an electronics industry has developed alongside the traditional manufacturing of knitwear. All raw material and energy requirements are imported, as well as a large share of Jersey's food needs. Light taxes and death duties make the island a popular tax haven. |
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GDP:
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purchasing power parity - $2.2 billion (1999 est.) |
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GDP - real growth rate:
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NA% |
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GDP - per capita:
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purchasing power parity - $24,800 (1999 est.) |
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GDP - composition by sector:
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agriculture: 5%
industry: 2% services: 93% (1996) |
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Population below poverty line:
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NA% |
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Household income or consumption by percentage share:
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lowest 10%: NA%
highest 10%: NA% |
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Inflation rate (consumer prices):
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4.7% (1998) |
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Labor force:
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57,050 (1996) (1996) |
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Unemployment rate:
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0.7% (1998 est.) |
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Budget:
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revenues: $601 million
expenditures: $588 million, including capital expenditures of $98 million (2000 est.) |
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Industries:
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tourism, banking and finance, dairy |
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Industrial production growth rate:
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NA% |
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Electricity - imports:
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NA kWh
note: electricity supplied by France |
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Agriculture - products:
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potatoes, cauliflower, tomatoes; beef, dairy products |
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Exports:
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$NA |
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Exports - commodities:
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light industrial and electrical goods, foodstuffs, textiles |
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Exports - partners:
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UK |
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Imports:
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$NA |
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Imports - commodities:
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machinery and transport equipment, manufactured goods, foodstuffs, mineral fuels, chemicals |
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Imports - partners:
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UK |
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Debt - external:
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none |
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Economic aid - recipient:
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none |
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Currency:
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British pound (GBP); note - there is also a Jersey pound |
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Currency code:
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GBP |
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Exchange rates:
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Jersey pounds per US dollar - 0.6981 (January 2002), 0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997); the Jersey pound is at par with the British pound |
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Fiscal year:
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1 April - 31 March |