Country P is a low-income country in World Bank definitions, with gross national income (GNI) per capita of US$540 in 2007. In terms of the Human Development Index (HDI), Country P fared rather better, with the HDI value of 0.598 meaning that it is classified as a medium human development country.
In recent years, Country P has begun to enjoy some economic success, with growth averaging almost 10% per annum since 2000. Tourism has contributed to this recent growth, helped by the presence of a famous UN heritage site. Garments exports are also an important section of the economy. Nonetheless, agriculture still dominates the economy, especially in terms of employment. You can see this in Figure 1, which shows the share of agriculture in both employment and output. These data are for 2001, the most recent year for which data are available for both employment and GDP. At this point, agriculture accounted for 70% of employment and 34% of GDP. Since then, the share of agriculture in GDP has fallen to about 30%. Given that agriculture is a relatively backward sector with low productivity, this dominance has significance for the overall development of the economy.
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