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

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Release : 2018-02-07
Genre : Social Science
Kind : eBook
Book Rating : 681/5 ( reviews)

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Book Synopsis The cocoa coast: The board-managed cocoa sector in Ghana by : Kolavalli, Shashidhara

Download or read book The cocoa coast: The board-managed cocoa sector in Ghana written by Kolavalli, Shashidhara. This book was released on 2018-02-07. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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

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Author :
Release : 2017-09-28
Genre : Social Science
Kind : eBook
Book Rating : 703/5 ( reviews)

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Book Synopsis The cocoa coast: The board-managed cocoa sector in Ghana: Synopsis by : Kolavalli, Shashidhara

Download or read book The cocoa coast: The board-managed cocoa sector in Ghana: Synopsis written by Kolavalli, Shashidhara. This book was released on 2017-09-28. Available in PDF, EPUB and Kindle. Book excerpt: 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, more than doubling production. Contrary to Washington Consensus prescriptions, these accomplishments were achieved through reforms but without liberalization of domestic and export marketing. The Cocoa Coast: The Board-Managed Cocoa Sector in Ghana seeks to understand the success of a sector that was not liberalized. The authors identify three major reasons for Ghana’s success in cocoa production. First, cocoa producers receive an increasing share of export prices, because of factors including a stakeholder-advised process for determining producer prices that also pays explicit attention to discouraging smuggling of cocoa to neighboring countries and the popular perception that cocoa performance is tied to the country’s general economic performance. Second, the Ghana Cocoa Board (COCOBOD) has a policy of retaining a portion of producer revenues to promote the adoption of yield-enhancing measures. Third, centralized marketing and maintenance of the high export quality for which Ghana is known enables the country to offer stable prices to producers and opportunities for local businesses to participate in the sector and retain some power in the global value chain.

The Cocoa Coast

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Author :
Release : 2017
Genre : Cocoa trade
Kind : eBook
Book Rating : 840/5 ( reviews)

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Book Synopsis The Cocoa Coast by : Shashi Kolavalli

Download or read book The Cocoa Coast written by Shashi Kolavalli. This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt:

Ghana Cocoa Board Hand Book

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Author :
Release : 1987
Genre : Cocoa trade
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Ghana Cocoa Board Hand Book by : Ghana Cocoa Board

Download or read book Ghana Cocoa Board Hand Book written by Ghana Cocoa Board. This book was released on 1987. Available in PDF, EPUB and Kindle. Book excerpt:

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

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Author :
Release : 1998-06-01
Genre : Business & Economics
Kind : eBook
Book Rating : 138/5 ( reviews)

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Book Synopsis The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96 by : Mr.Ales Bulir

Download or read book The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96 written by Mr.Ales Bulir. This book was released on 1998-06-01. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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