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

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96 PDF Author: Mr.Ales Bulir
Publisher: International Monetary Fund
ISBN: 1451851138
Category : Business & Economics
Languages : en
Pages : 27

Book Description
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.

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

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96 PDF Author: Mr.Ales Bulir
Publisher: International Monetary Fund
ISBN: 1451851138
Category : Business & Economics
Languages : en
Pages : 27

Book Description
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.

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

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96 PDF Author: Aleš Bulíř
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

Book Description
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.

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996 PDF Author: Mr. Ales Bulir
Publisher: International Monetary Fund
ISBN: 1451897073
Category : Business & Economics
Languages : en
Pages : 28

Book Description
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.

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996 PDF Author: Ales Bulir
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

Book Description
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.

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

The cocoa coast: The board-managed cocoa sector in Ghana PDF Author: Kolavalli, Shashidhara
Publisher: Intl Food Policy Res Inst
ISBN: 0896292681
Category : Social Science
Languages : en
Pages : 214

Book Description
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.

Ghana on the Go

Ghana on the Go PDF Author: Jennifer Hart
Publisher: Indiana University Press
ISBN: 0253023254
Category : History
Languages : en
Pages : 266

Book Description
As early as the 1910s, African drivers in colonial Ghana understood the possibilities that using imported motor transport could further the social and economic agendas of a diverse array of local agents, including chiefs, farmers, traders, fishermen, and urban workers. Jennifer Hart's powerful narrative of auto-mobility shows how drivers built on old trade routes to increase the speed and scale of motorized travel. Hart reveals that new forms of labor migration, economic enterprise, cultural production, and social practice were defined by autonomy and mobility and thus shaped the practices and values that formed the foundations of Ghanaian society today. Focusing on the everyday lives of individuals who participated in this century of social, cultural, and technological change, Hart comes to a more sensitive understanding of the ways in which these individuals made new technology meaningful to their local communities and associated it with their future aspirations.

Delivering Development

Delivering Development PDF Author: Edward R. Carr
Publisher: Macmillan
ISBN: 0230117260
Category : Business & Economics
Languages : en
Pages : 262

Book Description
In Delivering Development, author Edward Carr calls into question the very universal, unquestioned assumptions about globalization, development, and environmental change that undergird much of development and economic policy. Here he demonstrates how commonly held beliefs about globalization and development have failed the global poor. Over his 13 years of working along what he calls "globalization's shoreline," a world region buffeted by the economic, political, and environmental decisions of those living in wealthier places, Carr has concluded that most experts misunderstand what they are trying to fix, and cannot tell if they are fixing it. Delivering Development is an eye opening, you-are-there book that compels the reader to question conventional wisdom, redefines what assistance to the developing world really means, and explores alternative ways of achieving meaningful, enduring improvements to human well-being.

The Central Asian Economies Since Independence

The Central Asian Economies Since Independence PDF Author: Richard Pomfret
Publisher: Princeton University Press
ISBN: 0691222509
Category : Business & Economics
Languages : en
Pages : 244

Book Description
The 9/11 attacks, the U.S. invasion of Afghanistan, and the oil boom of recent years have greatly increased the strategic importance of resource-rich Central Asia, making an understanding of its economic--and therefore political--prospects more important than ever. In The Central Asian Economies Since Independence, Richard Pomfret provides a concise and up-to-date analysis of the huge changes undergone by the economies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan since the collapse of the Soviet Union in 1991. The book assesses the economic prospects of each country, and the likelihood that economic conditions will spur major political changes. With independent chapters on each country, and chapters analyzing their comparative economic performance, the book highlights similarities and differences. Facing common problems caused by the breakdown of Soviet economic relations and the hyperinflation of the early 1990s, these countries have taken widely divergent paths in the transition from Soviet central planning to more market-based economies. The book ends in 2005 with the bloodless Kyrgyz revolution and the violence in Uzbekistan, which signaled the end of the region's political continuity. Throughout the book, Pomfret emphasizes the economic forces that foster political instability--from Kazakhstan's resource boom and Turkmenistan's lack of reform to Tajikistan's abject poverty.

Taxation, Responsiveness, and Accountability in Sub-Saharan Africa

Taxation, Responsiveness, and Accountability in Sub-Saharan Africa PDF Author: Wilson Prichard
Publisher: Cambridge University Press
ISBN: 1107110866
Category : Business & Economics
Languages : en
Pages : 309

Book Description
This book captures the critical role of taxation in shaping government responsiveness and accountability in developing countries.

Research Activities of the IMF, January 1991-December 1999

Research Activities of the IMF, January 1991-December 1999 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781557759801
Category : Business & Economics
Languages : en
Pages : 144

Book Description
Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.