Ghana's Cocoa Pricing Policy

Ghana's Cocoa Pricing Policy

Author: Merrill J. Bateman

Publisher: World Bank Publications

Published: 1990

Total Pages: 368

ISBN-13:

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Ghana's cocoa production declined because of policies that overvalued the domestic currency and heavily taxed cocoa exports. A variable rate tax on cocoa (above the critical level) that increases and decreases with the world price would distribute the price risk between cocoa farmers and the rest of the society, stabilize cocoa farmers' real incomes, and let consumers share in windfall profits when world cocoa prices are high.


The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96

Author: Mr.Ales Bulir

Publisher: International Monetary Fund

Published: 1998-06-01

Total Pages: 27

ISBN-13: 1451851138

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From the early 1960s to the early 1980s, the officially recorded production of cocoa in Ghana declined by 60 percent. During the 1983–95 Economic Recovery Program, however, cocoa production doubled. Although these developments have inspired much empirical research, most of the studies have been unable to explain the medium-term persistence of cocoa output to remain below its estimated capacity level. The paper argues that the price incentive to smuggle can explain as much as one-half of the observed decline in output and the subsequent recovery. A cointegration analysis and a dynamic error-correction model of cocoa supply support the analysis.


Cocoa Cycles

Cocoa Cycles

Author: François Ruf

Publisher: Woodhead Publishing

Published: 1995-06-30

Total Pages: 402

ISBN-13: 9781855732155

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The cyclical boom-to-recession nature of the economics of cocoa supply is a major problem for the international cocoa industry - and especially for countries whose economies depend on cocoa exports. Only through an understanding of the dynamics of cocoa cycles can policy decisions be made through the various phases of supply cycles. Based on a major international cocoa conference, this book presents seventeen edited papers from leading experts, making a major contribution to that understanding. It explains the powerful economic, social and political factors which impact on the cocoa economy. It shows the laws of cocoa supply are closely linked to environmental, ecological and institutional factors.


Commodities and Development Report 2017

Commodities and Development Report 2017

Author: Food and Agriculture Organization of the United Nations

Publisher: Food & Agriculture Org.

Published: 2018-11-08

Total Pages: 98

ISBN-13: 9251099693

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Commodity prices are projected to increase marginally until 2030. The challenge for developing countries is to foster an environment that combines fiscal, sectoral and social policies to prevent price volatility from impacting national economies.


The Migrant Cocoa-farmers of Southern Ghana

The Migrant Cocoa-farmers of Southern Ghana

Author: Polly Hill

Publisher: LIT Verlag Münster

Published: 1997

Total Pages: 332

ISBN-13: 9783825830854

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The economic and social organisation of Ghanaian cocoa-farming is very complex, reflecting differences in population density, land tenure, accessibility, soil fertility and other factors. The 'small peasant', with his two or three acre farms, is one type of farmer, and it has always been supposed that it was he who created the world's largest cocoa-growing industry. The migration of southern Ghanaian cocoa-farmers, which has been proceeding since the 1890s, was not known to have occurred; and this study shows that it was the migrant, not the 'peasant', who was the real innovator. This migrant has scarcely been mentioned in the literature. Author Polly Hill now gives a full account of his migration, 'one of the great events in the recent economic history of Africa south of the Sahara'. The migrant farmer, who rather resembles a 'capitalist' than a 'peasant', buys land (or inherits it from those who bought before him) and conventionally uses the proceeds from one cocoa land to purchase others. It is now possible with the aid of farm-maps to study the whole migratory process, with its changing pattern of land ownership, over more than half a century. The results are revealing. The conventional notion that it was only recently that West Africans began to engage in large-scale economic enterprises is shown to be false. One of the main contentions of this book is that the migrant farmer has been remarkably responsive to economic ends. It is further shown that there is no incompatibility between this kind of enterprise and the continuance of traditional forms of social organisation: nor is there evidence that the enterprising individual found himself hampered by the demands made on him by members of his lineage. In analysing and recording the details of the migratory process, Dr. Hill has made an important contribution to the economic history of West Africa. Besides the economists and economic historians for whom the book is primarily intended, it should be studied by lawyers, geographers, social anthropologists, and all concerned with problems of underdevelopment.


The cocoa coast: The board-managed cocoa sector in Ghana

The cocoa coast: The board-managed cocoa sector in Ghana

Author: Kolavalli, Shashidhara

Publisher: Intl Food Policy Res Inst

Published: 2018-02-07

Total Pages: 214

ISBN-13: 0896292681

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After almost 20 years of declining cocoa production, Ghana has been able in the last decade to increase the share of export prices going to producers and more than double production. Contrary to Washington Consensus prescriptions, these accomplishments were achieved through reforms that did not include market liberalization. In The Cocoa Coast: The Board-Managed Cocoa Sector in Ghana, the authors identify factors that have contributed to Ghana’s success in cocoa production. These include the accountability of the government for the sector’s performance (cocoa-sector performance being seen as a key dimension of economic management), its interest in maintaining the ability to raise funds globally as a reliable supplier of high-quality cocoa, and its policy of retaining a portion of producer revenues to promote the adoption of yield-enhancing measures. The authors also suggest how Ghana can improve the efficiency of the cocoa sector through measures such as increased transparency and curtailing services that would be better provided by the private sector. The Cocoa Coast will be a valuable resource for policy makers, development specialists, and others interested in different national development paths.


Innovation systems

Innovation systems

Author: Francis, J. (ed)

Publisher: CTA

Published: 2016-12-31

Total Pages: 255

ISBN-13: 9290815612

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The result of an expert consultation, this publication examines ‘innovations systems’ – a concept suggested as underpinning industrial development – as a strategy for agricultural development. Innovation systems approaches conceptualise change as a long-term, socially-embedded process, and recognise the important role policy plays in shaping the parameters within which decisions are made. Providing a collection of papers and commentaries from the world’s top scholars and practitioners, this book looks at the strengths – but also the weaknesses and challenges –


Growth in Ghana

Growth in Ghana

Author: Daniel Bruce Sarpong

Publisher: Routledge

Published: 2018-12-20

Total Pages: 249

ISBN-13: 0429842392

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Published in 1997, this text is set in a context where Ghana has experienced improvements in aggregate output performance over the past decade (1986-1996) yet agriculture's performance remains sub-optimal. The author focuses on agriculture's fragmentation as attributable to space (storage, transportation and marketing), form (rudimentary production methods in general) and content (stagnent productivity and poor organization of production) and notes that whilst current policies have impinged on the space fragmentation, issues on form and content seem to have been left to the dictates of the market. The author calls for a strategy of government plan in promoting modern technology in agriculture to enhance its linkage to industry for rapid and sustainable economic growth.