If you look at the south contribution to GDP which is purely agriculture even at it's maximum value was 40% of GDP. If GDP is $7 billion a year, the whole south is producing $2.8 billion dollars. What is scary though the population ratio to GDP over in the south. If the population is 15 million, 40% of that is farmers, which is 6 million pool of people. The dynamics have changed now due to the displacement of the farmer into urban pool which is only 20% originally and has ballooned to 40% population ratio to GDP. The urban production economy which is purely services is only 20% of GDP yet it's population is 40% see the mismatch yet? the level of items are the same yet the population has balloned to 20% increases yet items haven't inceased an iota it's still 1.4 billion dollars of items.
So Nation wide every urban area is producing 1.4 billion dollars. which is a pool of 3 million but now it's somewhere to 5-6 million yet production in the urban area is still the same their has been no increase from that original 1.4 billion dollars which was 3 million population production worth. So they got essentially 1-2 million extra load on top of 1.4 billion. This means urban poverty rate is far higher then before plus things are far more expensive due to production and population out of sync.
If it was bad before it's just ten times worse now living costs for those areas. 1.4 billion being split 6 million population which means each person has $233 dollars in urban areas, if you adjust the 20% IDP rate out of the equation the production value of urban area is $466 per person. So their cost of living increased 2 x times which means their povery rate has increased 2 x times due to that IDP flooding.
They added more people then needed for their urban economy, which means every item has to increase at rate of 100% all across the board from veggies-fruits-housing-comms-water-money transfer-restaurants-shops will adjust their item pricing to reflect the over-demand of population on scarce resources. So if something was worth 2 dollars u should see an increase of double the price, it may only stay the same in areas of low consumption but in areas of high consumption and the production still reflecting a 20% urban pool which was already 'low' it just became even lower kkkkk.
Most of the effect will be felt in Mogadishu as the shift of IDPS hit them the hardest as the rest of the nation took in handful in comparison which obviously re-adjusted their cost of living also but not the extent of mogadishu, Mogadishu has to be most expensive city in Somalia which is a bad economic indicator as it means your producing less then what your population pool is.
For a population pool of 20% urban in the past u were producing 1.4 billion, now with a population of 40% urban your still producing at the same rate, which can only lead to more people but less resource scenario and hence expensive prices as prices are always linked to production and consumption. If your consumption exceeds production, prices increase your paying essentially for the same item in PL at an inflated price due to your production not matching your population pool. It's an indicator of poverty only that is widespread as people have less money due to prices being out of sync with their meager $233 yearly income and the market will re-adjusts it's prices to ensure it's selling at the same rate it was intended 20% population pool of $433 urban income which is now slashed to $233 per person while prices have upped to 100% per unit prices, essentially leading to their $233 giving them worse life then it was before by 100% kkkkkk as they can't purchase as much as they would've if the IDP didn't flood the place and make the market re-adjust it's prices to accomodate for this more demand, becuz the goods haven't changed in quantity whatsoever it's still the same level of goods just the people demand has.
So Nation wide every urban area is producing 1.4 billion dollars. which is a pool of 3 million but now it's somewhere to 5-6 million yet production in the urban area is still the same their has been no increase from that original 1.4 billion dollars which was 3 million population production worth. So they got essentially 1-2 million extra load on top of 1.4 billion. This means urban poverty rate is far higher then before plus things are far more expensive due to production and population out of sync.
If it was bad before it's just ten times worse now living costs for those areas. 1.4 billion being split 6 million population which means each person has $233 dollars in urban areas, if you adjust the 20% IDP rate out of the equation the production value of urban area is $466 per person. So their cost of living increased 2 x times which means their povery rate has increased 2 x times due to that IDP flooding.
They added more people then needed for their urban economy, which means every item has to increase at rate of 100% all across the board from veggies-fruits-housing-comms-water-money transfer-restaurants-shops will adjust their item pricing to reflect the over-demand of population on scarce resources. So if something was worth 2 dollars u should see an increase of double the price, it may only stay the same in areas of low consumption but in areas of high consumption and the production still reflecting a 20% urban pool which was already 'low' it just became even lower kkkkk.
Most of the effect will be felt in Mogadishu as the shift of IDPS hit them the hardest as the rest of the nation took in handful in comparison which obviously re-adjusted their cost of living also but not the extent of mogadishu, Mogadishu has to be most expensive city in Somalia which is a bad economic indicator as it means your producing less then what your population pool is.
For a population pool of 20% urban in the past u were producing 1.4 billion, now with a population of 40% urban your still producing at the same rate, which can only lead to more people but less resource scenario and hence expensive prices as prices are always linked to production and consumption. If your consumption exceeds production, prices increase your paying essentially for the same item in PL at an inflated price due to your production not matching your population pool. It's an indicator of poverty only that is widespread as people have less money due to prices being out of sync with their meager $233 yearly income and the market will re-adjusts it's prices to ensure it's selling at the same rate it was intended 20% population pool of $433 urban income which is now slashed to $233 per person while prices have upped to 100% per unit prices, essentially leading to their $233 giving them worse life then it was before by 100% kkkkkk as they can't purchase as much as they would've if the IDP didn't flood the place and make the market re-adjust it's prices to accomodate for this more demand, becuz the goods haven't changed in quantity whatsoever it's still the same level of goods just the people demand has.