The contribution of agriculture to growth: Colombia

As a perusal of Colombia's economic history makes clear, agriculture has been central to the economy's generally satisfactory performance. Agriculture's postwar growth rate (3.7 percent over 1950-80) was well above the average for developing countries and was unusually high in relation to the growth...

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Bibliographic Details
Main Author: Berry, Albert
Format: Book Chapter
Language:Inglés
Published: International Food Policy Research Institute 1995
Subjects:
Online Access:https://hdl.handle.net/10568/157283
Description
Summary:As a perusal of Colombia's economic history makes clear, agriculture has been central to the economy's generally satisfactory performance. Agriculture's postwar growth rate (3.7 percent over 1950-80) was well above the average for developing countries and was unusually high in relation to the growth rate of GDP (5.1 percent over 1950-80). During the years of fastest GDP growth (5.9 percent in 1965-80), agriculture grew at 4.5 percent, which was somewhat higher than its longer-period average. This chapter therefore gives special attention to the latter period.