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Author
Nagmy Hemmali (Slovak Agricultural University in Nitra), Rovný Patrik (Slovak Agricultural University in Nitra), Vilhanová Lucia (Slovak Agricultural University in Nitra)
Title
The African Economies and Agricultural Value-Added - Contribution to GDP : Top Economies of 20 Countries in Africa 2012
Source
Zeszyty Naukowe SGGW w Warszawie. Polityki Europejskie, Finanse i Marketing, 2012, nr 7 (56), s. 62-72, tab., bibliogr. 12 poz.
Scientific Journals Warsaw University of Life Sciences - SGGW. European Policies, Finance and Marketing
Keyword
Produkt krajowy brutto (PKB), Gospodarka narodowa, Mikroekonomia, Makroekonomia
Gross domestic product (GDP), National economy, Microeconomics, Macroeconomics
Note
summ.
Country
Afryka
Africa
Abstract
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 informel 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. (fragment of text)
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Bibliography
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ISSN
2081-3430
Language
eng
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