Download or read book Ghana s Cocoa Pricing Policy written by and published by World Bank Publications. This book was released on with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ghana s Cocoa Pricing Policy written by Merrill J. Bateman and published by World Bank Publications. This book was released on 1990 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The cocoa coast The board managed cocoa sector in Ghana Synopsis written by Kolavalli, Shashidhara and published by Intl Food Policy Res Inst. This book was released on 2017-09-28 with total page 4 pages. 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.
Download or read book The cocoa coast The board managed cocoa sector in Ghana written by Kolavalli, Shashidhara and published by Intl Food Policy Res Inst. This book was released on 2018-02-07 with total page 214 pages. 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.
Download or read book The Cocoa Producer Price COCOBOD s Interventions in the Cocoa Sector written by Trades Union Congress and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The report provides an overview of the cocoa sector in Ghana. The focus is on cocoa pricing and COCOBOD's intervention in the sector. Cocoa farmers in Ghana have suffered some of the heaviest taxation ever recorded in history. The heavy taxation of cocoa was a colonial legacy that got reinforced in post-independent Ghana. By the early 1980s, cocoa farmers were receiving less than one-fifth of the cocoa export price. Naturally, this reduced farmers' motivation driving cocoa production into the ground. ... But most importantly, the pricing policies of COCOBOD and the Government of Ghana (GoG) have contributed to the impoverishment that has become the lots of cocoa farmers"--Pages 1-2
Download or read book An Analytical Review of Ghana s Cocoa Pricing Policy with Recommendations for Future Policy Formation written by M J. Bateman and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Exchange Rate and Agricultural Pricing Policies in Ghana written by J. Dirck Stryker and published by . This book was released on 1990 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report shows that Ghana's economic decline of agricultural prices cannot be attributed solely to government price intervention. But intervention in the workings of the cocoa sector contributed heavly to the country's inability to achieve prosperity and stability after 1957. During the decades since independence in 1957, direct intervention in Ghana's all-important cocoa sector has been in the hands of a Cocoa Marketing Board (CMB), which sets annual producer prices, purchases the crop from domestic producers and markets it to foreign buyers. Although the chief reason for creating the CMB was to assure Ghana's cocoa farmers a stable and decent income, the agency's direct intervention helped to keep producer prices lower than they might have been otherwise. The government's direct and indirect intervention in the cocoa market, according to the study, far outweighed its incentives to cocoa producers. Moreover, most of the benefits of these incentives went to large producers rather than the far more numerous smallholders. Another important finding of this study is that government regulation of the cocoa sector had the serious negative long-term effect of deferring the replacement of old coffee trees with new ones.
Download or read book The Cocoa Industry in Ghana written by Kaitlyn Smoot and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of this thesis is to determine which agronomic and market interventions maximize the welfare of cocoa farmers in West Africa, using Ghana as the key case study. First I look at methods to expand yields using econometric analysis of data on 200 cocoa farming households. Results suggest that the best way to increase cocoa production is by promoting fertilizer use. The Ghanaian government's CODAPEC spraying program, and access to extension services were also found to have a positive effect on yields. However, due to cocoa pricing trends and market structures, increasing yields alone is not likely a sustainable way to improve farmer incomes, and it is important to consider other measures, like vertical integration into cocoa processing. Simulations run on a model of total Ghanaian welfare derived from cocoa surprisingly suggest that under current conditions Ghana should export 100% of beans in raw form. However, if a higher percentage of the industry were in the hands of Ghanaian interests, then it would be welfare optimizing to process more beans domestically. Potential policies to promote such a situation include differential incentives for Ghanaian versus foreign processing firms and a marketing for Ghanaian processed cocoa. Another option is to change the law on cocoa purchasing by the government such that Kuapa Kokoo, Ghana's largest cooperative and the only one truly owned by farmers, can process and export their own cocoa directly. Such a move would likely have the highest and longest-lasting impact on the welfare of Ghanaian cocoa farmers.
Download or read book Cocoa and Coffee Pricing Policies in C te D Ivoire written by Takamasa Akiyama and published by World Bank Publications. This book was released on 1988 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facing increasingly tough international competition in coffee and cocoa markets, Côte d'Ivoire can increase export revenues from the two commodities 8 percent in 1995 and about 12 percent in 2000 by increasing coffee production and cutting back on the expansion in cocoa production.
Download or read book An Analytical Review of Ghana s Cocoa Pricing Policy with Recommendations for Future Poolicy Formulation written by Merrill J. Bateman and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Government Pricing Policies on Cocoa Production in Ghana from 1960 1995 written by George Owusu-Antwi and published by . This book was released on 1997 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Economic Analysis of Cocoa Price Policy in Ghana written by Stephen Yao Atsu and published by . This book was released on 1965 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Cocoa Industry in Ghana and the Ivory Coast written by Hayford Ofori-Attah and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ghana Policies and Programme for Adjustment The cocoa sector written by and published by . This book was released on 1983 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Price Incentive to Smuggle and the Cocoa Supply in Ghana 1950 96 written by Mr.Ales Bulir and published by International Monetary Fund. This book was released on 1998-06-01 with total page 27 pages. 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.
Download or read book A Statistical Analysis of the Demand for Cocoa in the U S written by Joe Willie Essuman and published by . This book was released on 1984 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Commodities and Development Report 2017 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2018-11-08 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
