Endogenous Economic Reforms and Local Realities: Cotton policy-making in Burkina Faso
AbstractThis paper explores the case for believing endogenous reforms to be more developmental than externally-imposed reforms, by drawing on the recent unorthodox experience of cotton sector reform in Burkina Faso. We address questions about reform emergence, feasibility, developmental impact, and sustainability. Our analysis, which carefully incorporates local social and political realities, suggests that the urban elites dominating the Burkinabè state favoured a particular cotton reform process, because it provided them with higher rents; while allowing for some rent distribution to the rural world which secured national consensus around reform. Endogenous reforms, though more feasible, are not necessarily more sustainable over time. In Burkina Faso, the initial reform benefits were eroded after 2006. We interpret this as due to the inability of the new institutional equilibrium to win over the ressure from changed stakeholder incentives, as well as to a loss of responsiveness of the rural leadership to its base.
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Bibliographic InfoPaper provided by Hebrew University of Jerusalem, Department of Agricultural Economics and Management in its series Discussion Papers with number 116227.
Date of creation: 2011
Date of revision:
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Postal: Faculty of Agriculture, Food and Environmental Quality Sciences Hebrew University of Jerusalem, P.O. Box 12, Rehovot 76100
Web page: http://departments.agri.huji.ac.il/economics/indexe.html
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Cotton; Cotton policy-making; Reforms; Burkina Faso; Agricultural Finance; Environmental Economics and Policy; Financial Economics; International Development;
This paper has been announced in the following NEP Reports:
- NEP-AFR-2011-10-22 (Africa)
- NEP-AGR-2011-10-22 (Agricultural Economics)
- NEP-ALL-2011-10-22 (All new papers)
- NEP-CIS-2011-10-22 (Confederation of Independent States)
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- Theriault, Veronique, 2011. "The Role of Institutional Environments on Technical Efficiency: A Comparative Stochastic Frontier Analysis of Cotton Farmers in Benin, Burkina Faso, and Mali," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103436, Agricultural and Applied Economics Association.
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