ESTEEMER

One unique and cruel incongruity is that in numerous nations over the world, the hungriest individuals are smallholder Farmers. In this carton collections written by Malaka Gharib and  Kelly Hauser you will notice how the Farmer season (the period when a Farming family's yield stockpiles begin to run out) influences a family's capacity to survive and a likely solution to end this menace.

Economic development is the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. Economic development differs from economic growth. Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently, as economist Amartya Senpoints out: “economic growth is one aspect of the process of economic development.

Economic development is the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. Economic development differs from economic growth. Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently, as economist Amartya Senpoints out: “economic growth is one aspect of the process of economic development.

Human capital is the stock of competencies, knowledge, habits, social and personality attributes, including creativity, cognitive abilities, embodied in the ability to perform labor so as to produce economic value. It is an aggregate economic view of the human being acting within economies, which is an attempt to capture the social, biological, cultural and psychological complexity as they interact in explicit and/or economic transactions.

IT is obvious the Nigerian economy is in a precarious situation. It is really nothing new. The only thing that could be new is the momentum of oil theft, which combining with corruption, is drying up resources available to governments. Nigerians do not need a warning fromthe World Bank to know that an economy founded on only one product is doomed. Years of contemplating what to do with the economy has not thrown up solutions that governments are willing to implement. Every government is interested in getting resources it immediately needs for its projects, most of which are short term programmes. A World Bank’s Nigeria Economic Report for May 2013, noted that, “Despite the recovery in oil prices, Nigeria expanded its fiscal stimulus significantly, increasing consolidated spending by an estimated 2.5 per centof Gross Domestic Product, GDP, and drawing down the remaining balance of the Excess Crude Account at the same time that many other oil exporters were building back their reserve...