Liberia.
Information.
LIBERIA (officially the Republic of Liberia), is a country in West Africa. It is bordered by Sierra Leone on the west, Guinea on the north and Cote d'Ivoire on the east. Area - 111 369 sq.km. Population - 3 334 587 (2008) Capital - Monrovia. The Pepper Coast has been inhabited at least as far back as the 12th century, perhaps earlier. Between 1461 and late 17th century, Portuguese, Dutch and British traders had contacts and trading posts in the region. The Portuguese named the area Costa da Pimenta, meaning Pepper Coast but later translated as Grain Coast, because of the abundance of grains of melegueta pepper. European traders would barter various commodities and goods with local people. When the Kru began trading with Europeans, they initially traded in commodities, but later they actively participated in the African slave trade. In 1820, the American Colonization Society (ACS) began sending black volunteers to the Pepper Coast to establish a colony for freed American slaves. The ACS, a private organization supported by prominent American politicians such as Henry Clay and James Monroe, believed repatriation was preferable to emancipation of slaves. Similar organizations established colonies in Mississippi-in-Africa and the Republic of Maryland, which were later annexed by Liberia. On July 26, 1847, the settlers issued a Declaration of Independence and promulgated a constitution, which created the independent Republic of Liberia. The new nation largely excluded the indigenous population from the country's affairs. Pressure from the United Kingdom and France led to a loss of Liberia's claims to extensive territories, which were annexed by the colonial powers. Economic development was hindered by the decline of markets for Liberian goods in the late 19th century and by indebtedness on a series of international loans. In Liberia's early years, the Americo-Liberian settlers periodically encountered stiff and sometimes violent opposition from indigenous Africans, who were excluded from citizen's rights in the new Republic until 1904. In the mid-20th century, Liberia gradually began to modernize with American assistance. Liberia also began to take a more active role in international affairs. It was a founding member of the United Nations in 1945 and became a vocal critic of the South African apartheid regime. Liberia also served as a proponent both of African independence from the European colonial powers and of Pan-Africanism, helping to found the Organization of African Unity. A military coup overthrew the Americo-Liberian establishment in 1980, marking the beginning of political and economic instability and two successive civil wars that left approximately 250,000 people dead and devastated the country's economy. A 2003 peace deal led to democratic elections in 2005. Today, Liberia is recovering from the lingering effects of the civil war and related economic dislocation, with about 85% of the population living below the international poverty line. Currency: Liberian Dollar (LRD).