
Financial Credit in Agricultural Development in Côte D'ivoire
Author(s) -
N’Goran Koffi Celestin
Publication year - 2021
Publication title -
journal of agricultural studies
Language(s) - English
Resource type - Journals
ISSN - 2166-0379
DOI - 10.5296/jas.v9i3.18984
Subject(s) - cote d ivoire , agriculture , business , modernization theory , private sector , agricultural economics , bank credit , financial system , finance , economic growth , economics , geography , philosophy , archaeology , humanities
Agriculture has long been Côte d’Ivoire’s main source of export income and the first largest sector providing employment. For several decades, Ivorian agriculture remained unmodernized. The modernization of agriculture requires both public and private funding. Despite some efforts, financing of agriculture is not effective in Côte d'Ivoire due to the lack of real commitment from the private sector and commercial banks. The results showed that in the long-term agricultural credit and other variables have a positive and significant influence on agricultural added value. It is therefore recommended to increase agricultural credit and extend it to small producers.