Tajekistan

History of Cotton Production in Tajikistan Prior to the clownishs independence, the Soviet Union hand overd all financing for the hoidenishs cotton industry. The Soviet Central Planning sureness set production quotas for the country each year. Tajikistans Ministry of horticulture was habituated inputs including infrastructure services to plan production for the year. AgroProm and the Ministry of culture were responsible for allocating the capital necessary to meet target quotas establish by the political relation to local administrators known as Hakumats. The targets given to the Hakumats were based on the determined quality and production capabilities refractory by the Ministry, however the Hakumats paid little attention to these recommendations and hardly passed unrealistic quotas on to farm managers. The farm managers were nominated by Hakumats and choose by their workers, who received salaries. Both the farm managers and workers received in kind basic necessities or other products at subsidized prices. The natural cotton was transported to assigned ginneries for further processing and then to the appropriate Soviet authorities. Meticulous production records were kept whereby payments were made back to AgroProm against the grangers account. Farmers did not meet the allocated quotas were generally replaced.

After the civil war, the government lacked the resources necessary to sustain cotton production. As a result, independent financers emerged to provide an alternative means of financing for the countrys industry. capital of Minnesota Reinhart SA was the first such company, which company lent the government $138 million USD from Credit Suisse First Boston. Other foreign financers began entered the financing market and do loans directly to farmers through local brokers in Tajikistan. The primary habitual financing institution for the cotton industry is AgroInvest (formerly AgroProm Bank). However, foreign financers bind followed Paul Reinhart SAs lead by entering... If you want to get a full essay, order it on our website: Orderessay

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