The GAMBIA - Economy

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The Gambia 
Country profile 
Map of The Gambia 
Economy & Development News 
Economy, Africa

 

Articles, background
» Main sectors of The Gambian Economy 
» The Gambia's economic and financial performance indicators
» Economic History of rural Gambia 
» Poverty in The Gambia 
» History: Introduction of the Groundnut to The Gambia 
» Land Use in The Gambia 
» Deforestation and Fuel Wood in The Gambia
» HIPC dept relief 

Library

Fyhri (1998), The Gambia: The complexity of modernizing the agricultural Sector in Africa, thesis in geography, University of Oslo.

 

In Internet
The Gambian Budget 2000 
Chamber of Commerce and Industry 
Mbendi Consultants' country profile

 

Library and Archives

In our Library you can now find 1 articles, books and reports about The Gambia - and we are constantly increasing it. GO!

   The Archives contains old news articles about The Gambia, and a list to all we have published so far. GO!

 

Latest News
"Positive economic trends in The Gambia"

afrol News
- The International Monetary Fund (IMF) has completed a review of The Gambia's economic performance under the third annual Poverty Reduction and Growth Facility arrangement. "The Gambian authorities are to be commended for The Gambia's generally encouraging economic performance," the IMF concludes.

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Our Gambia News Page contains more features about The Gambia - latest news, in depth features and articles published the latest month. Keep updated on afrol.com's news pages!   GO!
 


Economic performance

The Gambia's economic and financial performance indicators

The International Monetary foundation (IMF) in November 1999 assessed The Gambia's economic and financial performance to have "encountered difficulties in implementing the IMF program mainly in fiscal policy but also in a number of structural reforms. Moreover, the government's seizure of the property of The Gambia Groundnut Corporation created a confidence problem for private investors."  
  Includes a thorough statistical presentation of The Gambia's economic and financial performance indicators 1994/5 - 2002.

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Background

Economic history of rural Gambia

The basic question of this article is, to what extent two centuries of widespread cash crops production and relations to the world economy have promoted an understanding of market economy in rural Gambia. Further, how have the relations been between the Gambian farmer and the world market?

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Presentation

Main Sectors of The Gambian Economy

The Gambia is heavily dependent upon agriculture, which in the late 1990's accounted for a quarter of the GDP. This dependency becomes even clearer when we look at the labour force, where three quarters are engaged in agriculture. Further, agriculture mostly consists of subsistence farming, livestock raising and cultivation of groundnuts for export.

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Agriculture

The Gambia: The complexity of modernizing the agricultural Sector in Africa

Our library presents a thorough analysis (Fyhri, 1998) of the modernising process of the agricultural sector in Africa, the case studied being The Gambia. From the summary:
   Real "modernisation" is not dependent on the success of modernising strategies performed by the national authorities. On the contrary, this study has shown, through comparing different geographical and decision making levels that the farmers are important decisionmakers in this process through their responses to external conditions. In fact the farmers seem to be the real exponents of modernisation; a modernisation defined by their own needs. 
   The farmers are responding in such a manner that their economical situation is stable and uncertainty is limited. Further, focusing on the differences in perceptions between the agricultural authorities and the farmers has shown a rather modified picture of the development, which not at all is strictly negative for the farming household. Contrary to conventional wisdom, with the basis at a household scale, the agricultural sector of The Gambia is not stagnant, but transforming.... 

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Millet harvest in Balingho

Land use
Major Gambian Land Use Zones

The patterns of land use in The Gambia are related to the different vegetation zones. These again depend heavily on the fluvial influence and soil conditions, as the climatic conditions are relatively homogeneous all over the country. In an overview, it can be stated that the mangroves are fairly untouched by human action and the floodplains are used for irrigated agriculture (e.g. rice) and to some extent for grazing and firewood gathering. The plateau, on the other hand, is subject to rain fed agriculture (mainly food staples and groundnuts) with fallow periods of differing duration, large scale extensive grazing, firewood gathering and different types of human settlement and edification.

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History

Introduction of the groundnut to The Gambia

In the Western Sudan, the groundnut is one of the most important cash crops and food staple nowadays. Unlike the African bambara groundnut, it is not an indigenous species, but was brought by Portuguese traders from the Americas in the 16th century. It quickly spread through the Sudan due to its high nutrition values, draught resistance and later, as a product of long distance trade for its oils. Now it is one of the main agricultural products of landscapes that far apart as The Gambia and Northern Cameroon.

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