Agricultural and Economic Development in Lesotho: Analysis Using a Social Accounting Matrix

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Periodical article

Title:	Agricultural and Economic Development in Lesotho: Analysis Using a Social Accounting Matrix
Authors:	Carvalho, Joe W. Holland, David W.
Year:	1989
Periodical:	Eastern Africa Economic Review
Volume:	5
Issue:	2
Period:	December
Pages:	104-121
Language:	English
Notes:	biblio. refs., ills.
Geographic terms:	Lesotho Southern Africa
Subjects:	economic planning national accounts agriculture Agriculture, Natural Resources and the Environment Development and Technology Economics and Trade Economics, Commerce agricultural development economic development accounting
Abstract:	This paper clarifies the role that Lesotho's agricultural sector plays in the domestic economy and provides an example of the usefulness of social accounting matrices in development planning. The Lesotho example is used to show how a development plan which emphasizes integrating agricultural production into the domestic economy can yield greater economic stimulation and growth than a plan which emphasizes only agricultural production. In this particular case, strengthening the linkages between agricultural producers and other agents in the domestic economy is essential if increased agricultural production is to play an important role in the economic development of Lesotho. Bibliogr., notes.