Demand driven growth is rather a common approach in many countries in the short run. Growth in aggregate demand pushes production to higher level, increasing employment and income. But what is the case in small open e...Demand driven growth is rather a common approach in many countries in the short run. Growth in aggregate demand pushes production to higher level, increasing employment and income. But what is the case in small open economies, which are highly import dependable, service-oriented, and have to import most consumers＇ goods？ Research is focused on the case of small open economy （Montenegro）. Research will be based on statistical data for Montenegro, for period from 2000 to 2011. Data are processed in Eviews, using Least Square method to estimate equations and models. Research has shown that gross domestic product （GDP） growth in the short run, prior to global financial crisis, was achieved through growth in consumption and investment, which led to growth in import and growth in foreign debt, as consumption was financed significantly borrowing foreign financial resources. After the crisis, financial inflows dropped, leaving Montenegrin economy to struggle with increased debt （both public and private）, unfinished investment project to provide value added and low level of domestic production leading to even higher trade deficit. Future growth can be achieved only if it is driven by investments, as growth in consumption will more likely lead to higher trade deficit than production growth.展开更多
Food systems have the potential to promote human health and enhance environmental sustainability;yet most African countries have decadal starvation and malnourishment due to unstable food systems lacking basic nutriti...Food systems have the potential to promote human health and enhance environmental sustainability;yet most African countries have decadal starvation and malnourishment due to unstable food systems lacking basic nutritional profiles. To understand the key questions of the African food production and food security crisis, it is important to evaluate the past and the present balance of food production and consumption quantitatively and comprehensively and identify resource constraints. This continental study analyzed water-land-food (WLF) nexus in recent decades (1997-2017) and accessed whether these resources cope with different population growth projections, dietary changes and agricultural water management. The findings revealed that in 2017, total production in Africa for the four major crops was 83.3, 34.1, 21.0 and 26.7 million tons for, respectively, maize, rice, sorghum and wheat. Together with the imported food, 38 countries experienced an increase in kcal by food supply, while 7 countries encountered a decrease. However, only 6 countries were above the 1500 kcal∙capita<sup>−1</sup>∙day<sup>−1</sup>—the global average food consumption from the four major crops. The study also found that in the context of food production and out of the total African population, 268 million (21.6%) have enough land and water, 310 million (25.0%) is without enough land and water, further 279 million (22.5%) have enough water but not enough land, and 381 million (30.8%) encounter enough land but not enough water. This is the first WLF nexus study for the African continent and emphasizes the need for efficient and rapid changes in the food systems of the African population, both in production and consumption, in order to provide sustainable and secure food systems, and ultimately approach the first three Sustainable Development Goals.展开更多
文摘Demand driven growth is rather a common approach in many countries in the short run. Growth in aggregate demand pushes production to higher level, increasing employment and income. But what is the case in small open economies, which are highly import dependable, service-oriented, and have to import most consumers＇ goods？ Research is focused on the case of small open economy （Montenegro）. Research will be based on statistical data for Montenegro, for period from 2000 to 2011. Data are processed in Eviews, using Least Square method to estimate equations and models. Research has shown that gross domestic product （GDP） growth in the short run, prior to global financial crisis, was achieved through growth in consumption and investment, which led to growth in import and growth in foreign debt, as consumption was financed significantly borrowing foreign financial resources. After the crisis, financial inflows dropped, leaving Montenegrin economy to struggle with increased debt （both public and private）, unfinished investment project to provide value added and low level of domestic production leading to even higher trade deficit. Future growth can be achieved only if it is driven by investments, as growth in consumption will more likely lead to higher trade deficit than production growth.
文摘Food systems have the potential to promote human health and enhance environmental sustainability;yet most African countries have decadal starvation and malnourishment due to unstable food systems lacking basic nutritional profiles. To understand the key questions of the African food production and food security crisis, it is important to evaluate the past and the present balance of food production and consumption quantitatively and comprehensively and identify resource constraints. This continental study analyzed water-land-food (WLF) nexus in recent decades (1997-2017) and accessed whether these resources cope with different population growth projections, dietary changes and agricultural water management. The findings revealed that in 2017, total production in Africa for the four major crops was 83.3, 34.1, 21.0 and 26.7 million tons for, respectively, maize, rice, sorghum and wheat. Together with the imported food, 38 countries experienced an increase in kcal by food supply, while 7 countries encountered a decrease. However, only 6 countries were above the 1500 kcal∙capita<sup>−1</sup>∙day<sup>−1</sup>—the global average food consumption from the four major crops. The study also found that in the context of food production and out of the total African population, 268 million (21.6%) have enough land and water, 310 million (25.0%) is without enough land and water, further 279 million (22.5%) have enough water but not enough land, and 381 million (30.8%) encounter enough land but not enough water. This is the first WLF nexus study for the African continent and emphasizes the need for efficient and rapid changes in the food systems of the African population, both in production and consumption, in order to provide sustainable and secure food systems, and ultimately approach the first three Sustainable Development Goals.
