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LIBERIA IS A FRAGILE STATE UNDERGOING a postconflict transformation with the assistance of the international community, which has deployed peacekeepers and police personnel to support the stability of the country's political and security situation. Within the constraints of several war‐induced impediments, including a collapsed infrastructure, degraded institutional capacity and loss of experienced and skilled manpower, the economy has rebounded strongly following the cessation of conflict. Real GDP growth has risen strongly since 2004, reaching an estimated 8.0 per cent in 2007. As a consequence of the gradual improvement in security in rural areas agricultural production has revived, and there has been a resumption ofmining and forestry activity. RealGDP growth is projected to rise to 9.2 per cent in 2008 and further to 11.0 per cent in 2009.
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Document Type: Review Article

Publication date: May 1, 2008

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