Ever since the evolution of various economic reforms in Nigeria, that led to the abolition of commodity Boards and the introduction of free market pricing policy the sudden rush to cocoa trade due to higher pricing for cocoa led to increased number of people buying and marketing cocoa. As a...
The cocoa sector is of vital importance to Ghana, employing millions of people and contributing important revenues to the government. In order to raise prices received by producers and to increase overall performance of the cocoa sector, a number of reforms were undertaken, where the most...
This IMF working paper examines two hypotheses that may be used to assess an optimal export tax in a low-income country with enough market power to influence international prices of a certain commodity. The market structure for Côte d’Ivoire’s cocoa exports is used as an illustration. The first...
This paper was presented at the Regional Forum on Food Sovereignty, held in Niamey, November 2006. The authors discuss the question whether ECOWAS could create an OPEC for sustainable cocoa. They say that export crops can fit in a strategy that prioritizes the protection of domestic food crops,...
This study argues that besides price incentives, local institutions such as land tenure systems and agrarian contracts provide strong incentives and disincentives to agricultural production as well. Price incentives need to be placed in wider incentive structures embedded in the complex...