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A chequered African history of commodity markets. Part II: cocoa

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  • Yves Jégourel

Abstract

West African countries, on top of which is Côte d’Ivoire, represent the bulk of the world supply of cocoa beans. From the end of the nineteenth century to their independence, and to recent times, their histories have been marked by boom and bust cycles that were sometimes desynchronized from one country to another, especially for Ghana and Côte d’Ivoire, due to differentiated political and economic backdrops. As for now, cocoa producers seem to be insulated from the rout which has hit nearly all the commodities, amidst fears of a shortfall by 2020.

Suggested Citation

  • Yves Jégourel, 2016. "A chequered African history of commodity markets. Part II: cocoa," Policy notes & Policy briefs 1608, Policy Center for the New South.
    • Handle: RePEc:ocp:ppaper:pb-16/07
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    File URL: http://www.policycenter.ma/sites/default/files/OCPPC-PB-1607v2.pdf
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    References listed on IDEAS

    as
    1. Catherine Araujo Bonjean & Jean-François Brun, 2008. "Pouvoir de marché dans la filière cacao : l'hypothèse de Prebisch – Singer revisitée," Economie & Prévision, La Documentation Française, vol. 0(5), pages 133-144.
    2. Denis Cogneau & Rémi Jedwab, 2012. "Commodity Price Shocks and Child Outcomes: The 1990 Cocoa Crisis in Côte d'Ivoire," Economic Development and Cultural Change, University of Chicago Press, vol. 60(3), pages 507-534.
    3. Akiyama, Takamasa & Baffes, John & Larson, Donald F. & Varangis, Panos, 2003. "Commodity market reform in Africa: some recent experience," Economic Systems, Elsevier, vol. 27(1), pages 83-115, March.
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    More about this item

    Keywords

    Commodities; History; Economy; Markets; Cocoa; Price; Africa; Côte d’Ivoire; Ghana;
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