Using a 2000 Social Accounting Matrix (SAM) for Lesotho, this paper investigates the key features of the Lesotho economy and the role played by the agricultural sector. A novel feature of the SAM is the elaborate disaggregation of the agricultural sector into finer subcategories. The fundamental...

Discuss the concept of bypassed areas in economic development, the reasons for this and policies needed to alleviate it.

En los ultimos anos, la relacion que se establece entre el capital social y el desarrollo economico de las areas rurales ha despertado un creciente interes en la literatura economica. La principal hipotesis es que aquellas comunidades con mayores niveles de capital social tienen unos niveles de...