How will GAP Change the Socio-Economic Structure of the Region?
TRANSFORMATION OF ECONOMIC STRUCTURE IN GAP ACCORDING TO THE MASTER PLAN
Taking 2005 as the target year, the GAP Master Plan projected Gross Regional Product (GRP) in quantitative terms with respect to the sectors of,
- Agriculture,
- Industry, and
- Services
and gave the following percentages indicating changes in economic structure over the base year 1985.
|
SECTORS |
1985 |
2005 |
|
Agriculture |
40 % |
23 % |
|
Industry |
16 % |
24 % |
|
Services |
44 % |
53 % |
|
Gross Regional Product (GRP) |
100 % |
100 % |
|
GRP Growth Index |
100 |
445 |
The GRP index is projected to show an increase of 4.5 times throughout the period. In the same period again, while the share of agriculture in the economy of the region is projected to drop from 40 to 23 percent, increases in the shares of agriculture based industries and services are projected, respectively, as from 16 to 24 and from 44 to 53 percent. Looking at the economy of the region through these indicators, it is expected that the economy of the region will reach the stage of self-sustained growth triggered by expansion of productive employment and increase in per capita income despite population growth.
