In 1998, Monaco was an independent nation located on the Mediterranean coast in Western Europe with a population of around 32,000 people. The economy was largely based on its tourism industry, with some banking and other services also contributing significantly. The government was a constitutional monarchy with strong emphasis on civil rights and freedoms. In terms of infrastructure, Monaco had excellent access to roads and airports as well as telecommunications networks. Health care was quite good in most parts of the country due to its high standard of living. Education levels were quite high compared to other countries in the region due to significant investments made into public education as well as private universities. Additionally, its unique culture and abundance of luxury amenities made it a hotspot for international tourism in the late 1990s. All in all, Monaco’s potential for growth and development were evident despite its many challenges in 1998 thanks to its strong economic foundation and governmental stability. See dentistrymyth for Monaco in the year of 2015.
Yearbook 1998
Monaco. According to Countryaah, the capital of Monaco is Monaco. Monaco applied for membership of the Council of Europe in Strasbourg. The request was made by Prime Minister Michel Lévêque, who stated that as soon as the Principality became a member, M. will ratify the European Convention on Human Rights.
During the year, the country ratified the United Nations Convention on Land Mines, signed in December 1997 in Canada’s capital Ottawa. The Convention prohibits the production, deployment, storage and movement of troop mines.
- Abbreviationfinder: What does MCO stand for in geography? Here, this 3 letter acronym refers to the country of Monaco.
Country data
Area: 2.03 km2 (world ranking: 195)
Population: 39,000
Population density: 19,212 per km2 (as of 2017, world ranking: 190)
Capital: Monaco-Ville (Monaco)
Official languages: French
Gross domestic product: 5.8 billion euros; Real growth: 3.2%
Gross national product (GNP, per resident and year): k. A.
Currency: 1 euro (Euro) = 100 cents
Embassy
Klingelhöferstr. 7, 10785 Berlin
Telephone 030 2639033,
Fax 030 26390344
E-Mail: [email protected]
Government
Head of State: Albert II, Head of Government: Serge Telle, Outside: Gilles Tonelli
National Day: 11/19 (Fete du Prince)
Administrative Division
4 Quarter
Form of government
1962 constitution
constitutional monarchy (Principality) with limited sovereignty
state religion: Catholicism
economic and monetary union with France
Parliament: National Council (Conseil National) with 24 Members Rank, elections every 5 years.
Suffrage over 18 years
Population: Monegasques, last census in 2016. 37,308 residents
25% French, 23% Monegasques, 22% Italians, among others
Cities (with population): (as of 2016) Monte Carlo 17 372 residents, La Condamine (port) 14453, Fontvieille 4420. Monaco-Ville 1064
Religions: 90% Catholics, 2% Protestants; Minorities of Jews and Muslims (as of 2006)
Languages: French; Minority language: Monegasque
Workers by economic sector: no information
Unemployment (in% of all economically active persons)
no information
Inflation rate (in%): no information
Foreign trade: Import: 1.4 billion euros (2017); Export: 0.9 billion euros (2017)
History
Within the framework of substantial stability, since 1963 the political life of the Principality has been marked by the predominance, within the National Council (sometimes with the totality of 18 seats), of the Union nationale et démocratique (UND), a party born in that year in support of Prince Rainier. The Mouvement d’union démocratique (MUD), also created in 1963, joined the opposition, to which was added, in the 1973 elections, another small group, the Action monégasque.
In the elections that were held in January 1993, these parties were replaced by two lists that were respectively headed by two antagonistic politicians (JL Campora and JL Médecin) and which mirrored the two previous camps. However, this change did not lead to a change in the political situation, since the balance of power remained highly unbalanced: the Campora List obtained 15 seats, the Médecin List obtained 2, while the remaining seat was attributed to an independent. A similar result, which confirmed an extremely stable situation, was obtained in the subsequent consultations of February 1998 which recorded the conquest of all 18seats of the National Council by the Union nationale et démocratique. In May 1993 the principality of Monaco became a member of the United Nations.