Growth through Pricing Policy: The Case of Cocoa in Ghana

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dc.coverageGhana
dc.creatorMarcella Vigneri and Shashi Kolavalli
dc.date2023-04-27T11:19:57Z
dc.date2023-04-27T11:19:57Z
dc.date2018
dc.date2018-01-17T16:22:14.0000000Z
dc.date.accessioned2026-06-27T21:40:50Z
dc.descriptionCocoa has and continues to play a central role in the economy of Ghana which is now the second largest producer of cocoa beans in the world. But it has not always been so. At its nadir in the early eighties, the cocoa sector was one half of what it was in the decade after independence. The paper argues that the key to this success is anchored to specific strategies put in place and managed by the state-run marketing board, COCOBOD. An important strategy was to pass on an increasing share of export prices to producers, which with growing global prices in the 2000’s gave producers higher real prices. Two major government programmes – also initiated in early 2000’s – offered farmers improved varieties, subsidized fertilizer and free pest and disease control. These programmes triggered a cocoa revolution by enabling farmers to more than double their yields. This transformation was inclusive because cocoa production remains traditional and labour intensive, and enabled smallholders to intensify production to a greater extent compared to large holders. Improved land productivity contributed to reduced poverty, where incidence rates among cocoa growing households have nearly halved since 2005.
dc.format30
dc.formatapplication/pdf
dc.identifier978-92-5-130104-3
dc.identifierhttps://openknowledge.fao.org/handle/20.500.14283/i8329en
dc.identifierhttp://www.fao.org/3/I8329EN/i8329en.pdf
dc.identifier.urihttp://hdl.handle.net/123456789/230940
dc.languageEnglish
dc.publisherFAO ;
dc.rightsFAO
dc.titleGrowth through Pricing Policy: The Case of Cocoa in Ghana
dc.titleGrowth through Pricing Policy: The Case of Cocoa in Ghana
dc.typeBook (stand-alone)

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