Abstract
Based on the share of agriculture in GDP in Uzbekistan, the country can be allocated to a group of countries with a transitional type of economy that proceeds from agriculture to urbanization. At the same time specific local features exist. In Uzbekistan, about 65% of the population live in rural areas and currently about 3 million people are employed in agriculture. Although the trend shows a decline in the share of agriculture in gross domestic product, the number of people employed in agriculture has comparably slowly reduced. Agriculture's share of investment is only about 3-4% of the total amount of a fixed capital.
Highlights
There is no denial about the role and importance of agriculture as agriculture is the basis of human livelihood
Agriculture sector combined with other economic sectors can play a critical role in stimulating economic growth, reducing poverty, and ensuring environmental sustainability
It depends on the attitude of the country towards agriculture as a source of economic growth and as a measure to reduce poverty
Summary
Based on the share of agriculture in GDP in Uzbekistan, the country can be allocated to a group of countries with a transitional type of economy that proceeds from agriculture to urbanization. At the same time specific local features exist. In Uzbekistan, about 65% of the population live in rural areas and currently about 3 million people are employed in agriculture. The trend shows a decline in the share of agriculture in gross domestic product, the number of people employed in agriculture has comparably slowly reduced. Agriculture's share of investment is only about 3-4% of the total amount of a fixed capital
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