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Science And Technology In Zimbabwe
This article examines trends and developments in science and technology in Zimbabwe since 2009. Socio-economic context Between 1998 and 2008, the Zimbabwean economy contracted by a cumulative 50.3%, causing GDP per capita to decline to less than US$400. In July 2008, inflation peaked at 231,000,000%. By this time, 90% of the population was unemployed, and 80% were living in poverty. Infrastructure had deteriorated, the economy had become more informal, and there were severe food and foreign currency shortages. The economic crisis was accompanied by a series of political crises, including a contested election in 2008, which resulted in the formation of a government of national unity in February 2009. The economic crisis coincided with the implementation of the Fast-track Land Reform Program from 2000 onward, which compounded the decline in agricultural production by reducing the cropping area of traditionally large commercial crops such as wheat and maize. In parallel, FDI shran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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GDP In Southern African Development Community Countries By Economic Sector, 2013 Or Closest Year
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a Broad measures of economic progress, broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average List of countries by GDP (nominal) per capita, GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |