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GabonLast updated 1 August 2002.
People
Almost all Gabonese are of Bantu origin. Gabon has at least 40 ethnic groups, with separate languages and cultures. The largest is the Fang (about 30%). Other ethnic groups include the Myene, Bandjabi, Eshira, Bapounou, Bateke/Obamba, Nzebi, and Bakota. Ethnic group boundaries are less sharply drawn in Gabon than elsewhere in Africa. French, the official language, is a unifying force. More than 7,000 French people live in Gabon, and France predominates foreign cultural and commercial influences. Historical and environmental factors caused Gabon's population to decline between 1900 and 1940. It is one of the least densely inhabited countries in Africa, and a labor shortage is a major obstacle to development and a draw for foreign workers. The population is generally accepted to be just over 1 million but remains in dispute.
History
During the last seven centuries, Bantu ethnic groups arrived in the area from several directions to escape enemies or find new land. Little is known of tribal life before European contact, but tribal art suggests rich cultural heritages. Gabon's first European visitors were Portuguese traders who arrived in the 15th century and named the country after the Portuguese word "gabao," a coat with sleeve and hood resembling the shape of the Komo River estuary. The coast became a center of the slave trade. Dutch, British, and French traders came in the 16th century. France assumed the status of protector by signing treaties with Gabonese coastal chiefs in 1839 and 1841. American missionaries from New England established a mission at Baraka (now Libreville) in 1842. In 1849, the French captured a slave ship and released the passengers at the mouth of the Komo River. The slaves named their settlement Libreville--"free town." An American, Paul du Chaillu, was among the first foreigners to explore the interior of the country in the 1850s. French explorers penetrated Gabon's dense jungles between 1862 and 1887. The most famous, Savorgnan de Brazza, used Gabonese bearers and guides in his search for the headwaters of the Congo River. France occupied Gabon in 1885 but did not administer it until 1903. In 1910, Gabon became one of the four territories of French Equatorial Africa, a federation that survived until 1959. The territories became independent in 1960 as the Central African Republic, Chad, Congo (Brazzaville), and Gabon.
Economy
Gabon's economy is dominated by oil. Oil revenues comprise 65% of the Government of Gabon budget, 43% of GDP, and 81% of exports. Oil production is now declining rapidly from its apogee of 370,000 barrels per day in 1997. In spite of the decreasing oil revenues, little planning has been done for an after-oil scenario. Gabon public expenditures from the years of significant oil revenues were not spent efficiently. Overspending on the Transgabonais railroad, the oil price shock of 1986, the franc CFA devaluation of 1994, and low oil prices in the late 1990s have caused serious debt problems. Gabon has earned a poor reputation with the Paris Club and the IMF for the management of its debt and revenues. Successive IMF missions have criticized the government for over-spending on off-budget items (in good years and bad), over-borrowing from the Central Bank, and slipping on the schedule for privatization and administrative reform.
Gabon's oil revenues have given it a strong per capita GDP of more than $3,700, extremely high for the region. On the other hand, a skewed income distribution and poor social indicators are evident. The economy is highly dependent on extraction of abundant primary materials. After oil, logging and manganese mining are the other major sectors. Foreign and Gabonese observers have consistently lamented the lack of transformation of primary materials in the Gabonese economy. Various factors have so far stymied more diversification (small market of 1 million people, dependence on French imports, inability to capitalize on regional markets, lack of entrepreneurial zeal among the Gabonese, and the fairly regular stream of oil "rent"). The small processing and service sectors are largely dominated by just a few prominent local investors. At World Bank and IMF insistence, the government embarked on a program of privatization of its state-owned companies and administrative reform, including reducing public sector employment and salary growth, but progress has been slow. An 18-month Stand-By Arrangement between the government and the IMF expired in April 2002 without the government fulfilling most of its targets. © 1998 - 2010 Copyright and disclaimer |
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