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Agriculture accounted for 50% of GDP, 83.9% of exports, and 80% of the labor force in 2006 and 2007, compared to 44.9%, 76.9% and 80% in 2002–2003, and agriculture remains the Ethiopian economy's most important sector. [7] Ethiopia has great agricultural potential because of its vast areas of fertile land, diverse climate, generally adequate ...
Congestion at a market in Abidjan A typical market in Africa. Efforts to develop agricultural marketing have, particularly in developing countries, intended to concentrate on a number of areas, specifically infrastructure development; information provision; training of farmers and traders in marketing and post-harvest issues; and support to the development of an appropriate policy environment.
The Growth and Transformation Plan was established by the government as a strategic framework for the agricultural sector from 2011 to 2015. The GTP aimed to: Enhance productivity and production of smallholder farmers and pastoralists; Strengthen marketing systems; Improve participation and engagement of the private sector
An example of the breadth and types of agriculture policy concerns can be found in the Australian Bureau of Agricultural and Resource Economics article "Agricultural Economies of Australia and New Zealand" which says that the major challenges and issues faced by their industrial agriculture industry are: marketing challenges and consumer tastes
Microcline from the Kenticha mine, Oromia Region, Ethiopia. Mining is important to the economy of Ethiopia as a diversification from agriculture. Currently, mining comprises only 1% of GDP. Gold, gemstones (diamonds and sapphires), and industrial minerals are important commodities for the country's export-oriented growth strategy. [55]
The Global Hunger Index for Ethiopia in 2000 was 53.7 and in 2020 it is 26.2. [10] Ethiopia's recent economic growth has improved its Global Index Score. The improvement in the economic trends are due to the growth in agriculture which plays a dominant role in Ethiopia's economy. This score indicates improvement, however, the score is still ...
Agricultural economics arose in the late 19th century, combined the theory of the firm with marketing and organization theory, and developed throughout the 20th century largely as an empirical branch of general economics. The discipline was closely linked to empirical applications of mathematical statistics and made early and significant ...
Agricultural extension is the application of scientific research and new knowledge to agricultural practices through farmer education.The field of 'extension' now encompasses a wider range of communication and learning activities organized for rural people by educators from different disciplines, including agriculture, agricultural marketing, health, and business studies.