Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 1. Cotton Sector Review
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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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2012/01/16248060/tajikistan-priorities-sustainable-growth-strategy-agriculture-sector-development-vol-2-4-cotton-sector-review http://hdl.handle.net/10986/12410 |
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okr-10986-12410 |
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| recordtype |
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 |
ACCOUNTING AGRICULTURAL SECTOR AUCTION AUCTION SYSTEM AUCTIONS BANKING SYSTEM BARRIERS TO ENTRY BORROWING BRANCH OFFICES CAPITAL FLIGHT CHECKS CIVIL WAR COMMERCIAL BANKS COMMERCIAL CREDIT COMMERCIAL MARKET COMMODITIES COMPETITIVE MARKET CONFLICT OF INTEREST COTTON COTTON GROWING COTTON PRICES COTTON PRODUCTION COTTON SECTOR COTTON SEEDS COTTON YIELDS CREDIT INSTITUTIONS CREDIT MARKET CREDITOR CREDITORS CREDITS CROP CROPPING CROPS DEBT DEBT RECOVERY DEBT REPAYMENT DEBT REPAYMENT SCHEDULE DEBTOR DEBTS DEFAULT RATE DIRECT ACCESS DRAINAGE ENFORCEMENT AGENCIES EQUIPMENT EXISTING DEBTS EXPORTER EXPORTERS EXPOSURE FARM FARM MANAGEMENT FARMER FARMERS FARMING FARMS FERTILIZER FIBERS FINANCIAL INSTITUTIONS FINANCIAL RESOURCES FINANCING ARRANGEMENTS FORM OF COLLATERAL FREE MARKETS FUTURES FUTURES MARKETS GOOD GOVERNANCE GOVERNMENT GUARANTEE GROWING SEASON HORTICULTURE INCOME INFLATION INPUT PRICES INTEREST RATE INTERNATIONAL BANKS INTERNATIONAL MARKET ISSUANCE JOINT VENTURE LACK OF COLLATERAL LACK OF COMPETITION LACK OF FINANCE LAND AS COLLATERAL LAND HOLDINGS LAND OWNERSHIP LAND PARCELS LAND REFORM LAND REGISTRATION LAW ENFORCEMENT LENDERS LENDING PORTFOLIO LEVEL OF DEBT LIEN LIENS LOAN LOAN FACILITY LOAN OFFICERS LOCAL GOVERNMENT LOCAL MARKETS LOSS OF REVENUE MARKET COMPETITION MARKET PRICE MARKET PRICES MARKET RISK MERCHANT MONOPOLIES MONOPOLY OPEN AUCTIONS OUTPUT OUTPUTS OUTSTANDING DEBTS PLANTING PRICE COMPARISON PRICE COMPETITION PRICE INDEX PRICE LEVELS PRICE LISTS PRICE RISK PRICE TRENDS PRIVATE MARKET PRIVATIZATION PRODUCE PRODUCTION OF COTTON PRODUCTION SYSTEM PROFITABILITY PURCHASING RECEIPT RECEIPTS REPAYMENT RETURNS RISK MANAGEMENT RISK MANAGEMENT TOOL RISK OF DEFAULT RURAL FINANCIERS SALE SALES SAVINGS SEED SEED COTTON SEED INDUSTRY SEED SECTOR SEED TYPES SEEDS SHAREHOLDER SOURCE OF FUNDS SOURCE OF INCOME SPOT PRICE SUPPLIER SUPPLIERS SURETY TAX TAX BURDEN TAX RATE TAX SYSTEM TRADING TRANSACTION TRANSFER PAYMENTS TRANSPARENCY TYING WAREHOUSE WORLD MARKET YIELDS |
| spellingShingle |
ACCOUNTING AGRICULTURAL SECTOR AUCTION AUCTION SYSTEM AUCTIONS BANKING SYSTEM BARRIERS TO ENTRY BORROWING BRANCH OFFICES CAPITAL FLIGHT CHECKS CIVIL WAR COMMERCIAL BANKS COMMERCIAL CREDIT COMMERCIAL MARKET COMMODITIES COMPETITIVE MARKET CONFLICT OF INTEREST COTTON COTTON GROWING COTTON PRICES COTTON PRODUCTION COTTON SECTOR COTTON SEEDS COTTON YIELDS CREDIT INSTITUTIONS CREDIT MARKET CREDITOR CREDITORS CREDITS CROP CROPPING CROPS DEBT DEBT RECOVERY DEBT REPAYMENT DEBT REPAYMENT SCHEDULE DEBTOR DEBTS DEFAULT RATE DIRECT ACCESS DRAINAGE ENFORCEMENT AGENCIES EQUIPMENT EXISTING DEBTS EXPORTER EXPORTERS EXPOSURE FARM FARM MANAGEMENT FARMER FARMERS FARMING FARMS FERTILIZER FIBERS FINANCIAL INSTITUTIONS FINANCIAL RESOURCES FINANCING ARRANGEMENTS FORM OF COLLATERAL FREE MARKETS FUTURES FUTURES MARKETS GOOD GOVERNANCE GOVERNMENT GUARANTEE GROWING SEASON HORTICULTURE INCOME INFLATION INPUT PRICES INTEREST RATE INTERNATIONAL BANKS INTERNATIONAL MARKET ISSUANCE JOINT VENTURE LACK OF COLLATERAL LACK OF COMPETITION LACK OF FINANCE LAND AS COLLATERAL LAND HOLDINGS LAND OWNERSHIP LAND PARCELS LAND REFORM LAND REGISTRATION LAW ENFORCEMENT LENDERS LENDING PORTFOLIO LEVEL OF DEBT LIEN LIENS LOAN LOAN FACILITY LOAN OFFICERS LOCAL GOVERNMENT LOCAL MARKETS LOSS OF REVENUE MARKET COMPETITION MARKET PRICE MARKET PRICES MARKET RISK MERCHANT MONOPOLIES MONOPOLY OPEN AUCTIONS OUTPUT OUTPUTS OUTSTANDING DEBTS PLANTING PRICE COMPARISON PRICE COMPETITION PRICE INDEX PRICE LEVELS PRICE LISTS PRICE RISK PRICE TRENDS PRIVATE MARKET PRIVATIZATION PRODUCE PRODUCTION OF COTTON PRODUCTION SYSTEM PROFITABILITY PURCHASING RECEIPT RECEIPTS REPAYMENT RETURNS RISK MANAGEMENT RISK MANAGEMENT TOOL RISK OF DEFAULT RURAL FINANCIERS SALE SALES SAVINGS SEED SEED COTTON SEED INDUSTRY SEED SECTOR SEED TYPES SEEDS SHAREHOLDER SOURCE OF FUNDS SOURCE OF INCOME SPOT PRICE SUPPLIER SUPPLIERS SURETY TAX TAX BURDEN TAX RATE TAX SYSTEM TRADING TRANSACTION TRANSFER PAYMENTS TRANSPARENCY TYING WAREHOUSE WORLD MARKET YIELDS World Bank Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 1. Cotton Sector Review |
| 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 1. Cotton Sector Review |
| title_short |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 1. Cotton Sector Review |
| title_full |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 1. Cotton Sector Review |
| title_fullStr |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 1. Cotton Sector Review |
| title_full_unstemmed |
Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 1. Cotton Sector Review |
| title_sort |
priorities for sustainable growth : a strategy for agriculture sector development in tajikistan, technical annex 1. cotton sector review |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2012/01/16248060/tajikistan-priorities-sustainable-growth-strategy-agriculture-sector-development-vol-2-4-cotton-sector-review http://hdl.handle.net/10986/12410 |
| _version_ |
1764419804344614912 |
| spelling |
okr-10986-124102021-04-23T14:03:00Z Priorities for Sustainable Growth : A Strategy for Agriculture Sector Development in Tajikistan, Technical Annex 1. Cotton Sector Review World Bank ACCOUNTING AGRICULTURAL SECTOR AUCTION AUCTION SYSTEM AUCTIONS BANKING SYSTEM BARRIERS TO ENTRY BORROWING BRANCH OFFICES CAPITAL FLIGHT CHECKS CIVIL WAR COMMERCIAL BANKS COMMERCIAL CREDIT COMMERCIAL MARKET COMMODITIES COMPETITIVE MARKET CONFLICT OF INTEREST COTTON COTTON GROWING COTTON PRICES COTTON PRODUCTION COTTON SECTOR COTTON SEEDS COTTON YIELDS CREDIT INSTITUTIONS CREDIT MARKET CREDITOR CREDITORS CREDITS CROP CROPPING CROPS DEBT DEBT RECOVERY DEBT REPAYMENT DEBT REPAYMENT SCHEDULE DEBTOR DEBTS DEFAULT RATE DIRECT ACCESS DRAINAGE ENFORCEMENT AGENCIES EQUIPMENT EXISTING DEBTS EXPORTER EXPORTERS EXPOSURE FARM FARM MANAGEMENT FARMER FARMERS FARMING FARMS FERTILIZER FIBERS FINANCIAL INSTITUTIONS FINANCIAL RESOURCES FINANCING ARRANGEMENTS FORM OF COLLATERAL FREE MARKETS FUTURES FUTURES MARKETS GOOD GOVERNANCE GOVERNMENT GUARANTEE GROWING SEASON HORTICULTURE INCOME INFLATION INPUT PRICES INTEREST RATE INTERNATIONAL BANKS INTERNATIONAL MARKET ISSUANCE JOINT VENTURE LACK OF COLLATERAL LACK OF COMPETITION LACK OF FINANCE LAND AS COLLATERAL LAND HOLDINGS LAND OWNERSHIP LAND PARCELS LAND REFORM LAND REGISTRATION LAW ENFORCEMENT LENDERS LENDING PORTFOLIO LEVEL OF DEBT LIEN LIENS LOAN LOAN FACILITY LOAN OFFICERS LOCAL GOVERNMENT LOCAL MARKETS LOSS OF REVENUE MARKET COMPETITION MARKET PRICE MARKET PRICES MARKET RISK MERCHANT MONOPOLIES MONOPOLY OPEN AUCTIONS OUTPUT OUTPUTS OUTSTANDING DEBTS PLANTING PRICE COMPARISON PRICE COMPETITION PRICE INDEX PRICE LEVELS PRICE LISTS PRICE RISK PRICE TRENDS PRIVATE MARKET PRIVATIZATION PRODUCE PRODUCTION OF COTTON PRODUCTION SYSTEM PROFITABILITY PURCHASING RECEIPT RECEIPTS REPAYMENT RETURNS RISK MANAGEMENT RISK MANAGEMENT TOOL RISK OF DEFAULT RURAL FINANCIERS SALE SALES SAVINGS SEED SEED COTTON SEED INDUSTRY SEED SECTOR SEED TYPES SEEDS SHAREHOLDER SOURCE OF FUNDS SOURCE OF INCOME SPOT PRICE SUPPLIER SUPPLIERS SURETY TAX TAX BURDEN TAX RATE TAX SYSTEM TRADING TRANSACTION TRANSFER PAYMENTS TRANSPARENCY TYING WAREHOUSE WORLD MARKET 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. 2013-02-20T14:02:15Z 2013-02-20T14:02:15Z 2012-01 http://documents.worldbank.org/curated/en/2012/01/16248060/tajikistan-priorities-sustainable-growth-strategy-agriculture-sector-development-vol-2-4-cotton-sector-review http://hdl.handle.net/10986/12410 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 |