•The share of agricultural sector in total GDP decreased (20% to 10% from 1985 to 1996)
•The share of agricultural sector in total GDP decreased (36% to 13% from 1961 to 1998)
While the share of agricultural sector in total GDP decreased dramatically, about half
of the labor force still accounted in agricultural sectors.
Joseph Eugene Stiglitz, is an a
professor at Columbia University. He is a
recipient of the Nobel Prize in Economic
Sciences (2001), also the former Senior
Vice President and Chief Economist of
the World Bank.
Herman Daly an American economist and
professor at the School of Public Policy,
University of Maryland. He was also a senior
economist for the World Bank.
"There is something fundamentally wrong in
treating the Earth as if it were a business in
liquidation."
— Herman E. Daly