Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 2. Cotton Sector in the Global Context
Agriculture sector growth has made a powerful contribution to post-war economic recovery in Tajikistan, accounting for approximately one third of overall economic growth from 1998 to 2004. Sector output increased by 65 percent in real terms during...
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| Format: | Other Agricultural Study |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2012/01/16248012/tajikistan-priorities-sustainable-growth-strategy-agriculture-sector-development-vol-3-4-cotton-sector-global-context http://hdl.handle.net/10986/12409 |
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okr-10986-12409 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO MARKETS ADVERSE EFFECTS AGRICULTURAL LAND AMOUNT OF CREDIT ARBITRATION AUCTION AUCTION SYSTEM AUCTIONS AUTOMATION AVERAGE PRICE BANK ACCOUNT BANKING INSTITUTIONS BID BUYER BUYERS BY-PRODUCTS CAPITAL FLIGHT CAPITAL INVESTMENT CERTIFICATE CERTIFICATES CHECKS COCOA COFFEE COLLATERAL COMMERCIAL BANK COMMERCIALIZATION COMMODITIES COMMODITY COMPETITIVE ADVANTAGE COMPETITIVE ADVANTAGES COMPETITIVENESS CONSUMERS COTTON COTTON GROWING COTTON PRODUCTION COTTON SALES COTTON SECTOR COTTON SEED OIL COTTON SEEDS COTTON TEXTILES COUNTRY OF ORIGIN COUNTRY RISK CREDIT HISTORY CREDIT SYSTEMS CREDIT TERMS CREDIT WORTHINESS CROP CROP LOSSES CROPPING CROPS CURRENCY CURRENCY CRISIS CURRENCY HEDGING CUSTOMS DEBIT CARDS DEBTS DECISION MAKING DECISION MAKING PROCESS DELIVERY TIMES DEPOSIT DERIVATIVES DEVELOPING COUNTRIES DRAINAGE ECONOMIC VALUE ECONOMIES OF SCALE ELECTRICITY END USER END USERS EQUIPMENT EXCHANGE RATE EXPORT MARKETS EXPORTS FAIR FAIR TRADE FARM FARMER FARMERS FARMERS ORGANIZATIONS FARMING FARMS FIBERS FINANCIAL SERVICES FIXED COSTS FOOD CROPS FOOD PRODUCTS FOREIGN DIRECT INVESTMENT FORM OF COLLATERAL FREE MARKET FREE TRADE FUTURE CONTRACTS FUTURES FUTURES CONTRACT FUTURES CONTRACTS FUTURES MARKET FUTURES MARKETS GEOGRAPHICAL AREA GLOBAL ECONOMY GLOBAL MARKET GLOBALIZATION GROWING SEASON HARVESTING HOLDING IDENTIFICATION NUMBER INDUSTRIAL REVOLUTION INELASTIC DEMAND INFLATION INNOVATION INSTITUTION INSURANCE INSURANCE MARKET INSURANCE PREMIUM INTEREST RATE INTERNATIONAL COMPANIES INTERNATIONAL DEVELOPMENT INTERNATIONAL LAW INTERNATIONAL STANDARD INTERNATIONAL TRADE INTRINSIC VALUE INVENTION ISSUANCE JOINT VENTURE LABOR COSTS LAND AS COLLATERAL LAND HOLDINGS LAND MANAGEMENT LAND OWNERSHIP LAND PARCEL LAND PRIVATIZATION LEGAL SYSTEM LETTER OF CREDIT LETTERS OF CREDIT LIEN LIQUIDITY LOCAL BANK MANAGEMENT SYSTEMS MANUFACTURING MARKET PRICE MARKET RISK MARKET SHARE MARKET SHARES MARKETING MARKETING BOARDS MASS MARKET MATERIAL MORTGAGE NICHE MARKET OPEN MARKET OPERATIONAL EFFICIENCY ORGANIC CROPS ORGANIC PRACTICES OUTSOURCING OVERDRAFT FACILITIES OVERDRAFT FACILITY PERFORMANCES PLANTING POINT OF SALE POLITICAL RISKS PRICE PREMIUM PRICE RISK PRICE RISK MANAGEMENT PRICE SETTING PRICE STABILIZATION PRICE VOLATILITY PRICING POLICIES PRIVATE SECTOR PROCUREMENT PRODUCE PRODUCER PRICE PRODUCTION INCREASES PRODUCTION OF COTTON PROMISSORY NOTES PROTECTIONISM PURCHASE PRICE PURCHASING RA REGULATORY FRAMEWORK RENT SEEKING REPAYMENT REPAYMENT HISTORY REPAYMENT RISK REPAYMENTS RESULT RESULTS RETURN RETURNS RISK MANAGEMENT TOOL RISK OF DEFAULT RURAL CREDIT RURAL FINANCE SALE SALES SALES MECHANISM SEED SEED COTTON SEED INDUSTRY SEED TYPES SEEDS SHAREHOLDERS SPREAD STOCKS SUPERMARKETS SUPPLIER SUPPLIERS SUPPLY CHAIN SURPLUS SUSTAINABLE AGRICULTURE SWAPS TAX TAX INCENTIVES TECHNOLOGICAL DEVELOPMENTS TRADE UNION TRADING TRANSACTION TRANSACTION COST TRANSACTION COSTS TRANSITION COUNTRIES TRANSITION ECONOMIES TRANSPARENCY VALUATION VALUE CHAIN VOLATILITY WAREHOUSE WAREHOUSE RECEIPT WHOLESALERS YIELDS |
| spellingShingle |
ACCESS TO MARKETS ADVERSE EFFECTS AGRICULTURAL LAND AMOUNT OF CREDIT ARBITRATION AUCTION AUCTION SYSTEM AUCTIONS AUTOMATION AVERAGE PRICE BANK ACCOUNT BANKING INSTITUTIONS BID BUYER BUYERS BY-PRODUCTS CAPITAL FLIGHT CAPITAL INVESTMENT CERTIFICATE CERTIFICATES CHECKS COCOA COFFEE COLLATERAL COMMERCIAL BANK COMMERCIALIZATION COMMODITIES COMMODITY COMPETITIVE ADVANTAGE COMPETITIVE ADVANTAGES COMPETITIVENESS CONSUMERS COTTON COTTON GROWING COTTON PRODUCTION COTTON SALES COTTON SECTOR COTTON SEED OIL COTTON SEEDS COTTON TEXTILES COUNTRY OF ORIGIN COUNTRY RISK CREDIT HISTORY CREDIT SYSTEMS CREDIT TERMS CREDIT WORTHINESS CROP CROP LOSSES CROPPING CROPS CURRENCY CURRENCY CRISIS CURRENCY HEDGING CUSTOMS DEBIT CARDS DEBTS DECISION MAKING DECISION MAKING PROCESS DELIVERY TIMES DEPOSIT DERIVATIVES DEVELOPING COUNTRIES DRAINAGE ECONOMIC VALUE ECONOMIES OF SCALE ELECTRICITY END USER END USERS EQUIPMENT EXCHANGE RATE EXPORT MARKETS EXPORTS FAIR FAIR TRADE FARM FARMER FARMERS FARMERS ORGANIZATIONS FARMING FARMS FIBERS FINANCIAL SERVICES FIXED COSTS FOOD CROPS FOOD PRODUCTS FOREIGN DIRECT INVESTMENT FORM OF COLLATERAL FREE MARKET FREE TRADE FUTURE CONTRACTS FUTURES FUTURES CONTRACT FUTURES CONTRACTS FUTURES MARKET FUTURES MARKETS GEOGRAPHICAL AREA GLOBAL ECONOMY GLOBAL MARKET GLOBALIZATION GROWING SEASON HARVESTING HOLDING IDENTIFICATION NUMBER INDUSTRIAL REVOLUTION INELASTIC DEMAND INFLATION INNOVATION INSTITUTION INSURANCE INSURANCE MARKET INSURANCE PREMIUM INTEREST RATE INTERNATIONAL COMPANIES INTERNATIONAL DEVELOPMENT INTERNATIONAL LAW INTERNATIONAL STANDARD INTERNATIONAL TRADE INTRINSIC VALUE INVENTION ISSUANCE JOINT VENTURE LABOR COSTS LAND AS COLLATERAL LAND HOLDINGS LAND MANAGEMENT LAND OWNERSHIP LAND PARCEL LAND PRIVATIZATION LEGAL SYSTEM LETTER OF CREDIT LETTERS OF CREDIT LIEN LIQUIDITY LOCAL BANK MANAGEMENT SYSTEMS MANUFACTURING MARKET PRICE MARKET RISK MARKET SHARE MARKET SHARES MARKETING MARKETING BOARDS MASS MARKET MATERIAL MORTGAGE NICHE MARKET OPEN MARKET OPERATIONAL EFFICIENCY ORGANIC CROPS ORGANIC PRACTICES OUTSOURCING OVERDRAFT FACILITIES OVERDRAFT FACILITY PERFORMANCES PLANTING POINT OF SALE POLITICAL RISKS PRICE PREMIUM PRICE RISK PRICE RISK MANAGEMENT PRICE SETTING PRICE STABILIZATION PRICE VOLATILITY PRICING POLICIES PRIVATE SECTOR PROCUREMENT PRODUCE PRODUCER PRICE PRODUCTION INCREASES PRODUCTION OF COTTON PROMISSORY NOTES PROTECTIONISM PURCHASE PRICE PURCHASING RA REGULATORY FRAMEWORK RENT SEEKING REPAYMENT REPAYMENT HISTORY REPAYMENT RISK REPAYMENTS RESULT RESULTS RETURN RETURNS RISK MANAGEMENT TOOL RISK OF DEFAULT RURAL CREDIT RURAL FINANCE SALE SALES SALES MECHANISM SEED SEED COTTON SEED INDUSTRY SEED TYPES SEEDS SHAREHOLDERS SPREAD STOCKS SUPERMARKETS SUPPLIER SUPPLIERS SUPPLY CHAIN SURPLUS SUSTAINABLE AGRICULTURE SWAPS TAX TAX INCENTIVES TECHNOLOGICAL DEVELOPMENTS TRADE UNION TRADING TRANSACTION TRANSACTION COST TRANSACTION COSTS TRANSITION COUNTRIES TRANSITION ECONOMIES TRANSPARENCY VALUATION VALUE CHAIN VOLATILITY WAREHOUSE WAREHOUSE RECEIPT WHOLESALERS YIELDS World Bank Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 2. Cotton Sector in the Global Context |
| geographic_facet |
Europe and Central Asia Tajikistan |
| relation |
Public expenditure review (PER); |
| description |
Agriculture sector growth has made a
powerful contribution to post-war economic recovery in
Tajikistan, accounting for approximately one third of
overall economic growth from 1998 to 2004. Sector output
increased by 65 percent in real terms during this period,
and has now returned to the level extant at independence in
1990. Total Factor Productivity (TFP) has also increased, by
3 percent per year. Despite this progress, there is
legitimate concern that this growth is unsustainable.
Evidence suggests that it has been driven largely by the
external factors noted above, rather than substantive
changes to resources, incentives and the behavior of factor
and commodity markets. First, an extensive program of policy
reform, particularly in the area of land ownership, has yet
to make a substantial impact on the incentive structure for
agricultural workers cultivating the majority of arable
land. Second, sustainable growth requires positive net
investment. Third, commodity markets remain weak, with a
limited capacity to translate increased demand into improved
production incentives. And fourth, growth in crop production
has been largely driven by low value food and cereal crops.
A sustainable increase in access to rural finance will
require much greater emphasis on the development of
alternative sources of finance for all of agriculture, in
addition to resolution of the cotton debt crisis. The
capacity for agricultural loan appraisal and management also
needs to be strengthened, new collateral instruments
introduced and new loan products developed, which are suited
to agriculture in general and small-scale farmers in particular. |
| format |
Economic & Sector Work :: Other Agricultural Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 2. Cotton Sector in the Global Context |
| title_short |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 2. Cotton Sector in the Global Context |
| title_full |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 2. Cotton Sector in the Global Context |
| title_fullStr |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 2. Cotton Sector in the Global Context |
| title_full_unstemmed |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 2. Cotton Sector in the Global Context |
| title_sort |
priorities for sustainable growth : a strategy for agriculture sector development in tajikistan, technical annex 2. cotton sector in the global context |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2012/01/16248012/tajikistan-priorities-sustainable-growth-strategy-agriculture-sector-development-vol-3-4-cotton-sector-global-context http://hdl.handle.net/10986/12409 |
| _version_ |
1764419801008046080 |
| spelling |
okr-10986-124092021-04-23T14:03:00Z Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 2. Cotton Sector in the Global Context World Bank ACCESS TO MARKETS ADVERSE EFFECTS AGRICULTURAL LAND AMOUNT OF CREDIT ARBITRATION AUCTION AUCTION SYSTEM AUCTIONS AUTOMATION AVERAGE PRICE BANK ACCOUNT BANKING INSTITUTIONS BID BUYER BUYERS BY-PRODUCTS CAPITAL FLIGHT CAPITAL INVESTMENT CERTIFICATE CERTIFICATES CHECKS COCOA COFFEE COLLATERAL COMMERCIAL BANK COMMERCIALIZATION COMMODITIES COMMODITY COMPETITIVE ADVANTAGE COMPETITIVE ADVANTAGES COMPETITIVENESS CONSUMERS COTTON COTTON GROWING COTTON PRODUCTION COTTON SALES COTTON SECTOR COTTON SEED OIL COTTON SEEDS COTTON TEXTILES COUNTRY OF ORIGIN COUNTRY RISK CREDIT HISTORY CREDIT SYSTEMS CREDIT TERMS CREDIT WORTHINESS CROP CROP LOSSES CROPPING CROPS CURRENCY CURRENCY CRISIS CURRENCY HEDGING CUSTOMS DEBIT CARDS DEBTS DECISION MAKING DECISION MAKING PROCESS DELIVERY TIMES DEPOSIT DERIVATIVES DEVELOPING COUNTRIES DRAINAGE ECONOMIC VALUE ECONOMIES OF SCALE ELECTRICITY END USER END USERS EQUIPMENT EXCHANGE RATE EXPORT MARKETS EXPORTS FAIR FAIR TRADE FARM FARMER FARMERS FARMERS ORGANIZATIONS FARMING FARMS FIBERS FINANCIAL SERVICES FIXED COSTS FOOD CROPS FOOD PRODUCTS FOREIGN DIRECT INVESTMENT FORM OF COLLATERAL FREE MARKET FREE TRADE FUTURE CONTRACTS FUTURES FUTURES CONTRACT FUTURES CONTRACTS FUTURES MARKET FUTURES MARKETS GEOGRAPHICAL AREA GLOBAL ECONOMY GLOBAL MARKET GLOBALIZATION GROWING SEASON HARVESTING HOLDING IDENTIFICATION NUMBER INDUSTRIAL REVOLUTION INELASTIC DEMAND INFLATION INNOVATION INSTITUTION INSURANCE INSURANCE MARKET INSURANCE PREMIUM INTEREST RATE INTERNATIONAL COMPANIES INTERNATIONAL DEVELOPMENT INTERNATIONAL LAW INTERNATIONAL STANDARD INTERNATIONAL TRADE INTRINSIC VALUE INVENTION ISSUANCE JOINT VENTURE LABOR COSTS LAND AS COLLATERAL LAND HOLDINGS LAND MANAGEMENT LAND OWNERSHIP LAND PARCEL LAND PRIVATIZATION LEGAL SYSTEM LETTER OF CREDIT LETTERS OF CREDIT LIEN LIQUIDITY LOCAL BANK MANAGEMENT SYSTEMS MANUFACTURING MARKET PRICE MARKET RISK MARKET SHARE MARKET SHARES MARKETING MARKETING BOARDS MASS MARKET MATERIAL MORTGAGE NICHE MARKET OPEN MARKET OPERATIONAL EFFICIENCY ORGANIC CROPS ORGANIC PRACTICES OUTSOURCING OVERDRAFT FACILITIES OVERDRAFT FACILITY PERFORMANCES PLANTING POINT OF SALE POLITICAL RISKS PRICE PREMIUM PRICE RISK PRICE RISK MANAGEMENT PRICE SETTING PRICE STABILIZATION PRICE VOLATILITY PRICING POLICIES PRIVATE SECTOR PROCUREMENT PRODUCE PRODUCER PRICE PRODUCTION INCREASES PRODUCTION OF COTTON PROMISSORY NOTES PROTECTIONISM PURCHASE PRICE PURCHASING RA REGULATORY FRAMEWORK RENT SEEKING REPAYMENT REPAYMENT HISTORY REPAYMENT RISK REPAYMENTS RESULT RESULTS RETURN RETURNS RISK MANAGEMENT TOOL RISK OF DEFAULT RURAL CREDIT RURAL FINANCE SALE SALES SALES MECHANISM SEED SEED COTTON SEED INDUSTRY SEED TYPES SEEDS SHAREHOLDERS SPREAD STOCKS SUPERMARKETS SUPPLIER SUPPLIERS SUPPLY CHAIN SURPLUS SUSTAINABLE AGRICULTURE SWAPS TAX TAX INCENTIVES TECHNOLOGICAL DEVELOPMENTS TRADE UNION TRADING TRANSACTION TRANSACTION COST TRANSACTION COSTS TRANSITION COUNTRIES TRANSITION ECONOMIES TRANSPARENCY VALUATION VALUE CHAIN VOLATILITY WAREHOUSE WAREHOUSE RECEIPT WHOLESALERS YIELDS Agriculture sector growth has made a powerful contribution to post-war economic recovery in Tajikistan, accounting for approximately one third of overall economic growth from 1998 to 2004. Sector output increased by 65 percent in real terms during this period, and has now returned to the level extant at independence in 1990. Total Factor Productivity (TFP) has also increased, by 3 percent per year. Despite this progress, there is legitimate concern that this growth is unsustainable. Evidence suggests that it has been driven largely by the external factors noted above, rather than substantive changes to resources, incentives and the behavior of factor and commodity markets. First, an extensive program of policy reform, particularly in the area of land ownership, has yet to make a substantial impact on the incentive structure for agricultural workers cultivating the majority of arable land. Second, sustainable growth requires positive net investment. Third, commodity markets remain weak, with a limited capacity to translate increased demand into improved production incentives. And fourth, growth in crop production has been largely driven by low value food and cereal crops. A sustainable increase in access to rural finance will require much greater emphasis on the development of alternative sources of finance for all of agriculture, in addition to resolution of the cotton debt crisis. The capacity for agricultural loan appraisal and management also needs to be strengthened, new collateral instruments introduced and new loan products developed, which are suited to agriculture in general and small-scale farmers in particular. 2013-02-20T14:00:02Z 2013-02-20T14:00:02Z 2012-01 http://documents.worldbank.org/curated/en/2012/01/16248012/tajikistan-priorities-sustainable-growth-strategy-agriculture-sector-development-vol-3-4-cotton-sector-global-context http://hdl.handle.net/10986/12409 English en_US Public expenditure review (PER); CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Agricultural Study Economic & Sector Work Europe and Central Asia Tajikistan |