Agricultural economics

This paper explores the economic factors of the developing country of Ethiopia. Ethiopia is a landlocked country and know as the Federal Democratic Republic of Ethiopia. “The legendary Ark of the Covenant, the relic said to hold the 10 Commandments, is claimed to be housed in a church in Ethiopia. Only one man, the guardian, is actually allowed to see the ark, so whether or not it is actually there remains a mystery.” Populated by 102,374,044 citizens, Ethiopia is considered a country of…

Which led to the drastic fall of Cuba’s gross domestic product (GDP) at the percentage of thirty-five between the year 1989 to 1993 (Peters, 2002). The vanished subsidies on heavily mechanized and chemical input for agricultural production of Cuba, eventually contribute to economic crisis that led to drastic food shortage. As the country was heavily dependent on chemical input such as pesticides and chemical fertilizer for their agriculture production, especially on producing sugar for the…

2014). The largest importer of Amazon agricultural products is China (WWF, 2016). Chinese demand for soy incentives the expansion of soy farming which in turn pressures the conversion of pastures into farmland. This could in turn pressure the conversion of forests into new pastures. Growing Chinese demand for beef could also increases the rate of deforestation. By 2011, China had become Brazil’s largest trading partner and the main source of Brazilian agricultural products (Torkjell Leira;…

Daniel Fusfeld (1988, pp 264-265) took a General Economic History class under Karl Polanyi at Columbia University and offers some insights into Polanyi’s economic thinking. Fusfeld places an emphasis on two central concepts Polanyi utilized in substantive economics, and “great transformations” which have transmuted economic systems throughout history. Polanyi’s teachings offer a window into how societies have arrived at capitalism as well as how values have changed and transformed the concept of…

believes that people need to work towards the American dream instead of expecting it to be handed to them. The “American Dream” is currently dead, waiting to be revitalized. The factors of this death include: economic decline, political stalemate and lack of citizens self-motivation. Currently economic growth is about half of what some economists say is healthy, leading to a stagnant economy. Author Brandon King’s essay points to the rising stock…

and upgraded to be one of the major container ports in the Bay of Bengal. The figure below show the map of IMT-GT. FIGURE1.3 Map of Indonesia-Malaysia-Thailand Growth Triangle 1.2.1 Thailand-Malaysia (Ruth Banomyong), Thailand mostly exports agricultural products while Malaysia exports industrial goods to Thailand. Thailand exports more than its imports via Malaysia with…

Food insecurity and consequent vulnerability are the complex socioeconomic and political issue than just related to access to food (Fullbrook, 2010) or poverty. In Uganda, all the prevailing determinants of food insecurity have long-run social and economic consequences, e.g., child malnutrition and adult illness that resulted in a lower earning capacity for the present-day and the future generation, losses in domestic productivity, that presumably continues in perpetuity (Ahamad et al., 2013).…

impacts of the two floods were colossal. Possibly the biggest economic impact in Australia coal, Program director of the Grattan Institute, Saul Eslake believes that $400 million dollars a week lost in the short term. The picture shows Australia’s coal production from May 09 to April 10. The major drop is from the 11th of December to March 11. The coal production went from 25,000,000 tones to under 15,000,000. Thailand also suffered economic impacts with the cost totalling $33 billion AUD.…

agriculture. In this paper, I am going to do discuss the economic impact of drones on a micro level with agriculture and drones’ macro impact in accordance to the jobs that stem from their integration. Because of drones, we could see a huge…

developed in the wake of the economic and social disorder that was, at least partially, due to the effects of mercantilist policies (Huh, 2016). Physiocratic thinkers such as John Law, Richard Cantillion, and perhaps most notably, Francois Quesnay made lasting impressions on economic thought and were instrumental in establishing the idea of the free market. Unlike the mercantilists, the physiocrats largely believed that the wealth of a nation relied on agricultural output and not the…