The African Economies and Agricultural Value-Added – Contribution to GDP. Top Economies of 20 Countries in Africa 2012

For national income accounting, policy decision-makers need information about state “country economy” of national economy. In this paper the economic fundamentals of African selected countries are explained in order to place these countries’ economies in perspective before continuing to examine the...

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Main Authors: Hemmali Nagmy, Patrik Rovny, Lucia Vilhanová
Format: Article
Language:English
Published: Wydawnictwo SGGW - Warsaw University of Life Sciences Press 2012-06-01
Series:Polityki Europejskie, Finanse i Marketing
Online Access:https://pefim.sggw.edu.pl/article/view/1479
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author Hemmali Nagmy
Patrik Rovny
Lucia Vilhanová
author_facet Hemmali Nagmy
Patrik Rovny
Lucia Vilhanová
author_sort Hemmali Nagmy
collection DOAJ
description For national income accounting, policy decision-makers need information about state “country economy” of national economy. In this paper the economic fundamentals of African selected countries are explained in order to place these countries’ economies in perspective before continuing to examine the GDP settings of the countries in order to similarly place their agricultural sectors in perspective. Secondary economic data is sourced from different informal bodies as United Nations World Development Indicators, the Food and Agricultural Organization (FAO) and the Central Intelligence Agency (CIA) websites, with the most consistent recently available data used. Some examples on GDP are given, GDP is a crucial measure of the size and health of an economy and the economic measurements are defined. The difference between GDP and GNP as well as GDP components are explained. Differences between microeconomics and macroeconomics are also illustrated.
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institution Kabale University
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spelling doaj-art-316e6bfbce224ecf8bc3d98fadb6f9492025-02-03T05:52:12ZengWydawnictwo SGGW - Warsaw University of Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402012-06-017(56)The African Economies and Agricultural Value-Added – Contribution to GDP. Top Economies of 20 Countries in Africa 2012Hemmali Nagmy0Patrik Rovny1Lucia Vilhanová2Faculty of Economics and Management, Slovak Agricultural University in NitreDepartment of Marketing, Faculty of Economics and Management, Slovak Agricultural University in NitreDepartment of Marketing, Faculty of Economics and Management, Slovak Agricultural University in NitreFor national income accounting, policy decision-makers need information about state “country economy” of national economy. In this paper the economic fundamentals of African selected countries are explained in order to place these countries’ economies in perspective before continuing to examine the GDP settings of the countries in order to similarly place their agricultural sectors in perspective. Secondary economic data is sourced from different informal bodies as United Nations World Development Indicators, the Food and Agricultural Organization (FAO) and the Central Intelligence Agency (CIA) websites, with the most consistent recently available data used. Some examples on GDP are given, GDP is a crucial measure of the size and health of an economy and the economic measurements are defined. The difference between GDP and GNP as well as GDP components are explained. Differences between microeconomics and macroeconomics are also illustrated.https://pefim.sggw.edu.pl/article/view/1479
spellingShingle Hemmali Nagmy
Patrik Rovny
Lucia Vilhanová
The African Economies and Agricultural Value-Added – Contribution to GDP. Top Economies of 20 Countries in Africa 2012
Polityki Europejskie, Finanse i Marketing
title The African Economies and Agricultural Value-Added – Contribution to GDP. Top Economies of 20 Countries in Africa 2012
title_full The African Economies and Agricultural Value-Added – Contribution to GDP. Top Economies of 20 Countries in Africa 2012
title_fullStr The African Economies and Agricultural Value-Added – Contribution to GDP. Top Economies of 20 Countries in Africa 2012
title_full_unstemmed The African Economies and Agricultural Value-Added – Contribution to GDP. Top Economies of 20 Countries in Africa 2012
title_short The African Economies and Agricultural Value-Added – Contribution to GDP. Top Economies of 20 Countries in Africa 2012
title_sort african economies and agricultural value added contribution to gdp top economies of 20 countries in africa 2012
url https://pefim.sggw.edu.pl/article/view/1479
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