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Caisse De Stabilisation Des Prix Du Coton
The Cotton Price Stabilization Board (French: ''Caisse de Stabilisation des Prix du Coton'', CSPC) was a Chadian governative board created in 1965. Its task was to stabilize prices paid to peasant producers by funding operating losses incurred by Cotontchad, the parastatal giant that bought, ginned and sold all the cotton produced in Chad. The CSPC also played an important role in the program to improve yields: it is estimated that between 1971 and 1983 57% of all payments by the CSPC were made in conjunction with the program to improve cotton production. As for the funding of the CSPC, between 1971 and 1983, virtually all income to the CSPC derived from rebates paid by Cotontchad into the system. After 1984 the sharply reduced income of Cotontchad made the system for paying the producers heavily dependent on external sources of funds (such as Stabex The Stabex (from French ''Système de Stabilisation des Recettes d'Exportation'') is the acronym for a European Commission compensatory ...
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Chad
Chad (; ar, تشاد , ; french: Tchad, ), officially the Republic of Chad, '; ) is a landlocked country at the crossroads of North and Central Africa. It is bordered by Libya to the north, Sudan to the east, the Central African Republic to the south, Cameroon to the southwest, Nigeria to the southwest (at Lake Chad), and Niger to the west. Chad has a population of 16 million, of which 1.6 million live in the capital and largest city of N'Djamena. Chad has several regions: a desert zone in the north, an arid Sahelian belt in the centre and a more fertile Sudanian Savanna zone in the south. Lake Chad, after which the country is named, is the second-largest wetland in Africa. Chad's official languages are Arabic and French. It is home to over 200 different ethnic and linguistic groups. Islam (55.1%) and Christianity (41.1%) are the main religions practiced in Chad. Beginning in the 7th millennium BC, human populations moved into the Chadian basin in great numbe ...
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Cotontchad
The Société cotonnière du Tchad, also called Cotontchad, is a parastatal Chadian company operating in a monopoly regime that buys and exports all the cotton produced in Chad. Cotton represents 40% of the country's exports and in past years has been even more dominant. It was created in 1971 from the nationalisation of the Franco-Belgian society Cotonfran and had the task to collect, buy, gin, transport and export the cotton crop. At present the state owns 75% of the company, the French Textile Development Company (''Compagnie Française pour le Développement des Textiles'' or CFDT) 16%, a consortium of Chadian banks 6% and the French Development Agency 2%. The CFDT's main role is to market Chad's cotton on the world market, while private banks provide the credits necessary to Cotontchad and to the peasants to finance the opening of each planting season and especially to provide capital for the import and distribution of fertilisers and insecticides. Originally the producers ...
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Cotton
Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus ''Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor percentages of waxes, fats, pectins, and water. Under natural conditions, the cotton bolls will increase the dispersal of the seeds. The plant is a shrub native to tropical and subtropical regions around the world, including the Americas, Africa, Egypt and India. The greatest diversity of wild cotton species is found in Mexico, followed by Australia and Africa. Cotton was independently domesticated in the Old and New Worlds. The fiber is most often spun into yarn or thread and used to make a soft, breathable, and durable textile. The use of cotton for fabric is known to date to prehistoric times; fragments of cotton fabric dated to the fifth millennium BC have been found in the Indus Valley civilization, as well as fabric remnants dated back ...
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Stabex
The Stabex (from French ''Système de Stabilisation des Recettes d'Exportation'') is the acronym for a European Commission compensatory finance scheme to stabilise export earnings of the ACP countries. It was first introduced in the first Lomé Convention (1975) with the purpose of remedying the harmful effects of the instability in export revenue from agricultural products. Stabex (along with similar mechanism for the mineral products– Sysmin that was provided for in the second Lomé Convention (1979)) was abolished by Cotonou Agreement The Cotonou Agreement is a treaty between the European Union and the African, Caribbean and Pacific Group of States ("ACP countries"). It was signed in June 2000 in Cotonou, Benin's largest city, by 78 ACP countries (Cuba did not sign) and the ... in 2000. The agreement has been linked closely to that of the IMF compensatory package. However the debate rages that these aren't as effective as free trade due to the long run instability of the ...
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1965 In Chad
Events January–February * January 14 – The Prime Minister of Northern Ireland and the Taoiseach of the Republic of Ireland meet for the first time in 43 years. * January 20 ** Lyndon B. Johnson is sworn in for a full term as President of the United States. ** Indonesian President Sukarno announces the withdrawal of the Indonesian government from the United Nations. * January 30 – The state funeral of Sir Winston Churchill takes place in London with the largest assembly of dignitaries in the world until the 2005 funeral of Pope John Paul II. * February 4 – Trofim Lysenko is removed from his post as director of the Institute of Genetics at the Academy of Sciences in the Soviet Union. Lysenkoist theories are now treated as pseudoscience. * February 12 ** The African and Malagasy Common Organization ('; OCAM) is formed as successor to the Afro-Malagasy Union for Economic Cooperation ('; UAMCE), formerly the African and Malagasy Union ('; UAM). ...
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Economy Of Chad
The economy of Chad suffers from the landlocked country's geographic remoteness, drought, lack of infrastructure, and political turmoil. About 85% of the population depends on agriculture, including the herding of livestock. Of Africa's Francophone countries, Chad benefited least from the 50% devaluation of their currencies in January 1994. Financial aid from the World Bank, the African Development Bank, and other sources is directed largely at the improvement of agriculture, especially livestock production. Because of lack of financing, the development of oil fields near Doba, originally due to finish in 2000, was delayed until 2003. It was finally developed and is now operated by ExxonMobil. In terms of gross domestic product, Chad ranks 143rd globally with $11.051 billion dollars as of 2018. Agriculture Chad produced in 2018: * 987 thousand tons of sorghum; * 893 thousand tons of peanut butter; * 756 thousand tons of millet; * 484 thousand tonnes of yam (8th largest produ ...
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Agricultural Organisations Based In Chad
Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. The history of agriculture began thousands of years ago. After gathering wild grains beginning at least 105,000 years ago, nascent farmers began to plant them around 11,500 years ago. Sheep, goats, pigs and cattle were domesticated over 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. Industrial agriculture based on large-scale monoculture in the twentieth century came to dominate agricultural output, though about 2 billion people still depended on subsistence agriculture. The major agricultural products can be broadly grouped into foods, fibers, fuels, and raw materials (such as rubber). Food classes include cereals ( grains), vegetables, fruits, cooking oils, meat, milk, ...
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Agricultural Economics
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics.Daniel A. Sumner, Julian M. Alson, and Joseph W. Glauber (2010). "Evolution of the Economics of Agricultural Policy", ''American Journal of Agricultural Economics'', v. 92, pp. 403-423. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural polic ...
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