Budgetary allocation to agriculture in South Africa: an empirical review from 1994 to 2014
The agricultural sector is no doubt one of the most important sectors in sub-Saharan Africa, considering its prime place as a livelihood source and employer of the vast majority of residents, especially those in rural areas. In South Africa, for instance, agriculture plays a very significant role de...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
LLC "CPC "Business Perspectives"
2016-06-01
|
Series: | Problems and Perspectives in Management |
Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7248/PPM_2016_02cont1_Oluwatayo.pdf |
_version_ | 1818134350722498560 |
---|---|
author | Isaac B. Oluwatayo Stephen M. Mantsho |
author_facet | Isaac B. Oluwatayo Stephen M. Mantsho |
author_sort | Isaac B. Oluwatayo |
collection | DOAJ |
description | The agricultural sector is no doubt one of the most important sectors in sub-Saharan Africa, considering its prime place as a livelihood source and employer of the vast majority of residents, especially those in rural areas. In South Africa, for instance, agriculture plays a very significant role despite its declining contributions to the Gross Domestic Product (GDP) for some years now. This dwindling share of agriculture in the country’s GDP could be attributed to a number of factors ranging from changing government policies, declining budgetary allocation to the sector, and aging infrastructure and population growth. It is against this backdrop that a review of the effect of this downward slide in budgetary allocation on the development of the country is considered to be important |
first_indexed | 2024-12-11T09:07:14Z |
format | Article |
id | doaj.art-e52ecd7b944e486887d73b6bc19609ee |
institution | Directory Open Access Journal |
issn | 1727-7051 1810-5467 |
language | English |
last_indexed | 2024-12-11T09:07:14Z |
publishDate | 2016-06-01 |
publisher | LLC "CPC "Business Perspectives" |
record_format | Article |
series | Problems and Perspectives in Management |
spelling | doaj.art-e52ecd7b944e486887d73b6bc19609ee2022-12-22T01:13:36ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672016-06-0114223623910.21511/ppm.14(2-1).2016.137248Budgetary allocation to agriculture in South Africa: an empirical review from 1994 to 2014Isaac B. OluwatayoStephen M. Mantsho0Department of Agricultural Economics and Animal Production, School of Agricultural Economics and Animal Production, University of Limpopo, South AfricaThe agricultural sector is no doubt one of the most important sectors in sub-Saharan Africa, considering its prime place as a livelihood source and employer of the vast majority of residents, especially those in rural areas. In South Africa, for instance, agriculture plays a very significant role despite its declining contributions to the Gross Domestic Product (GDP) for some years now. This dwindling share of agriculture in the country’s GDP could be attributed to a number of factors ranging from changing government policies, declining budgetary allocation to the sector, and aging infrastructure and population growth. It is against this backdrop that a review of the effect of this downward slide in budgetary allocation on the development of the country is considered to be importanthttps://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7248/PPM_2016_02cont1_Oluwatayo.pdf |
spellingShingle | Isaac B. Oluwatayo Stephen M. Mantsho Budgetary allocation to agriculture in South Africa: an empirical review from 1994 to 2014 Problems and Perspectives in Management |
title | Budgetary allocation to agriculture in South Africa: an empirical review from 1994 to 2014 |
title_full | Budgetary allocation to agriculture in South Africa: an empirical review from 1994 to 2014 |
title_fullStr | Budgetary allocation to agriculture in South Africa: an empirical review from 1994 to 2014 |
title_full_unstemmed | Budgetary allocation to agriculture in South Africa: an empirical review from 1994 to 2014 |
title_short | Budgetary allocation to agriculture in South Africa: an empirical review from 1994 to 2014 |
title_sort | budgetary allocation to agriculture in south africa an empirical review from 1994 to 2014 |
url | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7248/PPM_2016_02cont1_Oluwatayo.pdf |
work_keys_str_mv | AT isaacboluwatayo budgetaryallocationtoagricultureinsouthafricaanempiricalreviewfrom1994to2014 AT stephenmmantsho budgetaryallocationtoagricultureinsouthafricaanempiricalreviewfrom1994to2014 |