Cotton sector strategies in West and Central Africa
AbstractCotton 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.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 2867.
Date of creation: 31 Jul 2002
Date of revision:
Environmental Economics&Policies; Agricultural Research; Markets and Market Access; Economic Theory&Research; Crops&Crop Management Systems; Markets and Market Access; Crops&Crop Management Systems; Environmental Economics&Policies; Economic Theory&Research; Agricultural Research;
Other versions of this item:
- Louis M. Goreux & Paul R. Masson & Dhaneshwar Ghura & Ousmane Badiane, 2002. "Cotton Sector Strategies in West and Central Africa," IMF Working Papers 02/173, International Monetary Fund.
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