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Introduction:
North Yemen became independent of the Ottoman Empire in 1918. The British, who had set up a protectorate area around the southern port of Aden in the 19th century, withdrew in 1967 from what became South Yemen. Three years later, the southern government adopted a Marxist orientation. The massive exodus of hundreds of thousands of Yemenis from the south to the north contributed to two decades of hostility between the states. The two countries were formally unified as the Republic of Yemen in 1990. A southern secessionist movement in 1994 was quickly subdued. In 2000, Saudi Arabia and Yemen agreed to a delimitation of their border.
Location: Middle East, bordering the Arabian Sea, Gulf of Aden, and Red Sea, between Oman and Saudi Arabia
Population: 21,456,188 (July 2006 est.)
Languages: Arabic
Country name: conventional long form: Republic of Yemen
conventional short form: Yemen
local long form: Al Jumhuriyah al Yamaniyah
local short form: Al Yaman
former: Yemen Arab Republic [Yemen (Sanaa) or North Yemen] and People's Democratic Republic of Yemen [Yemen (Aden) or South Yemen]
Capital: name: Sanaa
geographic coordinates: 15 21 N, 44 12 E
time difference: UTC+3 (8 hours ahead of Washington, DC during Standard Time)
Economy - overview:
Yemen, one of the poorest countries in the Arab world, reported average annual growth of 3.5% from 2000 through 2006. Its economic fortunes depend mostly on oil. Oil revenues probably increased in 2006 as a result of higher prices. Yemen was on an IMF-supported structural adjustment program designed to modernize and streamline the economy, which led to substantial foreign debt relief and restructuring. However, government dedication to the program waned in 2001 for political reasons. Yemen is struggling to control excessive spending and rampant corruption. Yemen is dependent on foreign aid to finance its budget deficits and development projects. In November, Yemen secured $4.7 billion in assistance from Arabian Gulf and Western donors.
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