Download Free An Analytical Review Of Ghanas Cocoa Pricing Policy With Recommendations For Future Poolicy Formulation Book in PDF and EPUB Free Download. You can read online An Analytical Review Of Ghanas Cocoa Pricing Policy With Recommendations For Future Poolicy Formulation and write the review.

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.
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.
This volume of background papers to the Long Term Perspectives Study (LTPS) includes thinkpieces and country perspectives on eight African countries written by eminent development professionals from each country. Most of these articles were written in 1987 and 1988 as contributions to the LTPS and reflect the authors' perceptions of the situation of their individual countries at the time. This volume also includes three papers reflecting the development experience of the Nordic countries, which are included to present alternative development paths followed by some non African countries.