Cotton Sector Strategies in West and Central Africa PDF Download

Author: Mr.Ousmane Badiane
Publisher: International Monetary Fund
ISBN: 1451858647
Category : Business & Economics
Languages : en
Pages : 22

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Book Description
Cotton production in West and Central Africa (WCA) has contributed to growth and poverty reduction. Recently, the objective of poverty alleviation has been adversely impacted by the downward pressures on world prices (exacerbated by subsidies by major cotton producers outside Africa). Several countries in WCA are undergoing reforms in the cotton sector to stimulate greater market competition and raise the share of the international price going to farmers. While these efforts would help to improve rural income irrespective of the world market situation, they would be more powerful in combination with a reduction in other countries’ subsidies in this sector.

Author: Ousmane Badiane
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Book Description
Cotton production is truly a success story in West and Central Africa. The region is now the second largest exporter of lint, after the United States, with a world market share of 15 percent. Despite its strong performance in the past, the sector is characterized by several institutional and structural weaknesses that jeopardize its viability in an era of increasing globalization of the cotton industry. The sector's future performance will also depend on the implications of cotton sector policies in major producing countries such as the United States, the European Union, and China. This paper examines how the above factors may affect future growth of the region's cotton industry. It also identifies the changes that are required to enable countries in the region to fully exploit the sector's significant growth potential .This paper - a product of Rural Development 2, Africa Technical Families -is part of a larger effort in the region to contribute to the debate on development strategies in West and Central Africa. The authors may be contacted at [email protected], [email protected], or [email protected].

Author: Ilhem Baghdadli
Publisher: World Bank Publications
ISBN: 0821371320
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
Based on comprehensive empirical studies, the paper identifies key reforms and defines strategies to enhance the competitiveness of cotton sectors in West and Central Africa. The report uses industrial organization principles to compare privatization options and design reforms to best implement sector reforms scheme

Author: Ousmane Badiane
Publisher:
ISBN:
Category :
Languages : en
Pages : 21

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Book Description
Cotton production in West and Central Africa (WCA) has contributed to growth and poverty reduction. Recently, the objective of poverty alleviation has been adversely impacted by the downward pressures on world prices (exacerbated by subsidies by major cotton producers outside Africa). Several countries in WCA are undergoing reforms in the cotton sector to stimulate greater market competition and raise the share of the international price going to farmers. While these efforts would help to improve rural income irrespective of the world market situation, they would be more powerful in combination with a reduction in other countries` subsidies in this sector.

Author: Thomas J. Bassett
Publisher: Cambridge University Press
ISBN: 9780521788830
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
The literature of Africa is dominated by accounts of crisis and gloom. But Thomas Bassett, a distinguished American geographer well known in the field of development, tells an unusual story of the growth of the cotton economy of West Africa. One of the few long-running success stories in African development, change was brought about by tens of thousands of small-scale peasant farmers. While the introduction of new strains of cotton in French West Africa was in part a result of agronomic research by French scientists, supported by an unusually efficient marketing structure, this is not a case of triumphant top-down 'planification'. Employing the case of Côte d'Ivoire, Professor Bassett shows agricultural intensification to result from the cumulative effect of decades of incremental changes in farming techniques and social organization. A significant contribution to the literature, the book demonstrates the need to consider the local and temporal dimensions of agricultural innovations. It brings into question many key assumptions that have influenced development policies during the twentieth century.

Author: David Lawrence Tschirley
Publisher: World Bank Publications
ISBN: 0821378236
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
This book provides an empirically based, analytical assessment of the experience of reform in nine countries across Sub Saharan Africa representing a range of cotton sector structures, a must-read for all persons with a serious interest in an empirical evaluation of the performance of cotton industry structures in Africa.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264025065
Category :
Languages : en
Pages : 131

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Book Description
At a time when trade negotiations on cotton have been suspended, the publication contends that with 16 million people in West African being dependent on cotton production, the dialogue between developed and developing countries must continue and sets out a framework for discussions.

Author: Gregorio Impavido
Publisher: World Bank Publications
ISBN:
Category : Fondo de pensiones
Languages : en
Pages : 44

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Book Description
The author surveys the empirical literature on the relationship between governance of public pension fund management and investment performance. He makes a preliminary attempt to identify good governance practices and distill governance guidelines aimed at reducing the political risk that is associated with central, public pension fund management. The author highlights the need for further work to support the development of a satisfactory set of governance guidelines.

Author: Paul R. Masson
Publisher: Rowman & Littlefield
ISBN: 9780815797531
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower transaction costs, increased stability, and greater insulation of central banks from pressures to provide monetary financing. Disadvantages relate to asymmetries among countries, especially in their terms of trade and in the degree of fiscal discipline. More disciplined countries will not want to form a union with countries whose excessive spending puts upward pressure on the central bank's monetary expansion. In T he Monetary Geography of Africa, Paul Masson and Catherine Pattillo review the history of monetary arrangements on the continent and analyze the current situation and prospects for further integration. They apply lessons from both experience and theory that lead to a number of conclusions. To begin with, West Africa faces a major problem because Nigeria has both asymmetric terms of trade—it is a large oil exporter while its potential partners are oil importers—and most important, large fiscal imbalances. Secondly, a monetary union among all eastern or southern African countries seems infeasible at this stage, since a number of countries suffer from the effects of civil conflicts and drought and are far from achieving the macroeconomic stability of South Africa. Lastly, the plan by Kenya, Tanzania, and Uganda to create a common currency seems to be generally compatible with other initiatives that could contribute to greater regional solidarity. However, economic gains would likely favor Kenya, which, unlike the other two countries, has substantial exports to its neighbors, and this may constrain the political will needed to proceed. A more promising strategy for monetary integration would be to build on existing monetary unions—the CFA franc zone in western and central Africa and the Common Monetary Area in southern Africa. Masson and Pattillo argue that the goal of a creating a s

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1451950292
Category : Business & Economics
Languages : en
Pages : 97

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Book Description
The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent economic developments and prospects for the region are discussed as a whole, as well as for specific countries. The reports include key data for countries in the region. Each report focuses on policy developments that have affected economic performance in the region, and discusses key challenges faced by policymakers. The near-term outlook, key risks, and their related policy challenges are analyzed throughout the reports, and current issues are explored, such as when and how to withdraw public interventions in financial systems globally while maintaining a still-fragile economic recovery.These indispensable surveys are the product of comprehensive intradepartmental reviews of economic developments that draw primarily on information the IMF staff gathers through consultation with member countries.