Search results
Results from the WOW.Com Content Network
The Ivory Coast 's economy is largely market-based and depends heavily on the agricultural sector. Almost 70% of the Ivorian people are engaged in some form of agricultural activity. [19] The economy grew 82% in the 1960s, reaching a peak growth of 360% in the 1970s, but this proved unsustainable and it shrank by 28% in the 1980s and a further ...
Current Economic Situation and Relation with the IMF. In October 2019, the IMF staff completed a mission to evaluate Ivory Coast's current economic climate and completion of IMF programs. The report emphasized the resilience and strength of the Ivorian economy in the last few years, despite a deteriorating external environment.
Ivory Coast, also known as Côte d'Ivoire[ a ] and officially the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital city of Yamoussoukro is located in the centre of the country, while its largest city and economic centre is the port city of Abidjan. It borders Guinea to the northwest, Liberia to the west ...
Under his government, Ivory Coast took the course of liberal free market economy and expanded its cash crop sector. It became one of the largest producers of coffee and cocoa in the world. In 1955, Caisse de Stabilisation et de Soutien des Prix Agricoles (CAISTAB) was founded to control the prices of coffee and cocoa.
This was the first coup d'état in the history of Ivory Coast. An economic downturn followed and the junta promised to return the country to democratic rule in 2000. Guéï allowed elections to be held the following year. When he lost the election to Laurent Gbagbo, Gué at first refused to accept his defeat. However, street protests forced him ...
The economic development and relative prosperity of Ivory Coast fostered huge demographic shifts during the 20th century. "In 1922, an estimated 100,000 out of 1.6 million (or 6 percent) of people in Côte d'Ivoire were Muslims.
Côte d'Ivoire [a], also known as Ivory Coast, and officially as the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital city of Yamoussoukro is located in the centre of the country, while its largest city and economic centre is the port city of Abidjan. It borders Guinea to the northwest, Liberia to the ...
The United States was sympathetic to Ivory Coast's program of rapid, orderly economic development based on austerity measures as well as its moderate stance on international issues. However, bilateral U.S. Agency for International Development (USAID) funding, with the exception of self-help and democratization funds, has been phased out.