Caistab
Caistab is the diminutive of Fund stabilization. Caistab existed in Ivory Coast of 1963 with 1998 to manage the Cacao die. Its role was to constitute an intermediary of weight between the producers and the traders in order to stabilize the courses.
Caistab bought to the production of Cacao producers with a course fixed in advance and stored it. It was then charged to sell it. That made it possible to smooth the courses since the sale intervened all the year contrary to seasonal harvests. For the peasants, the fact of knowing at which price they were going to be able to sell their production their made it possible to grow rich and make grow their exploitation. The Ivory Coast thus became the first world cocoa producer.
Corruption present at Caistab became too conspicuous and the the IMF obtained its suppression.
| Random links: | Keys of motor | Eckhart Master | Ingenuous Thovex | Nick Crowe | Rick Nash | Ilhet | Lien_de_Michael |