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Cocoa Markets and Value Chains: Implications For Sao Tome and Principe Organic Smallholders

Author

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  • Ibrahim Prazeres

    (Center for Advanced Studies in Management and Economics (CEFAGE), Centre for Transdisciplinary Development Studies (CETRAD), Portugal)

  • Maria Raquel Lucas

    (University of Evora and Center for Advanced Studies in Management and Economics, (CEFAGE), Portugal)

  • Ana Marta-Costa

    (University of Tras-os-Montes e Alto Douro (UTAD, Centre for Transdisciplinary Development Studies (CETRAD), Portugal)

Abstract

Cocoa is one of the main goods in the world agricultural trade markets, occupying the third position in exports. The paper introduces the cocoa value chain worldwide, its asymmetries, and the supply and value chain specific to the São Tomé and Principe (STP) organic cocoa. It aims to understand this value chain’s internal and external tensions and analyse its potential to be inserted in the international markets. The study uses panel data analysis from the FAOSTAT database. The tensions mentioned are due to the asymmetries of international markets and those regarding the production of organic cocoa in STP. At the level of STP and, despite measures to support organic production as a valuable alternative to the country’s development strategy, imbalances in the value chain persist that compromise the livelihoods of small producers responsible for most of production exported and the sustainability of the ecosystem

Suggested Citation

  • Ibrahim Prazeres & Maria Raquel Lucas & Ana Marta-Costa, 2021. "Cocoa Markets and Value Chains: Implications For Sao Tome and Principe Organic Smallholders," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 7(2), pages 64-76, June.
    • Handle: RePEc:mgs:ijoied:v:7:y:2021:i:2:p:64-76
    DOI: 10.18775/ijied.1849-7551-7020.2015.72.2005
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    References listed on IDEAS

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    1. Squicciarini, Mara P. & Swinnen, Johan (ed.), 2016. "The Economics of Chocolate," OUP Catalogue, Oxford University Press, number 9780198726449.
    2. Verina Ingram & Fedes Van Rijn & Yuca Waarts & Henk Gilhuis, 2018. "The Impacts of Cocoa Sustainability Initiatives in West Africa," Sustainability, MDPI, vol. 10(11), pages 1-20, November.
    3. Effendy & M Fardhal Pratama & Rustam Abdul Rauf & Made Antara & Muhammad Basir-Cyio & Mahfudz & Muhardi, 2019. "Factors influencing the efficiency of cocoa farms: A study to increase income in rural Indonesia," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-15, April.
    4. Francis Lwesya, 2018. "Towards Organic Agriculture: Assessing the Dynamics of Production and Exporting of Organic Cocoa in Tanzania," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(3), pages 25-31, September.
    5. Valerie Nelson & David Phillips, 2018. "Sector, Landscape or Rural Transformations? Exploring the Limits and Potential of Agricultural Sustainability Initiatives through a Cocoa Case Study," Business Strategy and the Environment, Wiley Blackwell, vol. 27(2), pages 252-262, February.
    6. Carlos Moreno-Miranda & Jeanette Jordán & Raúl Moreno & Pablo Moreno & Jenny Solis, 2019. "Protected Designation of Origin and Sustainability Characterization: The Case of PDO Cocoa Arriba," Agriculture, MDPI, vol. 9(10), pages 1-16, October.
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    Cited by:

    1. Ibrahim Prazeres & Maria Raquel Lucas & Ana Marta-Costa, 2021. "Organic Cocoa Value Chain Sustainability: The Perception of São Tomé and Príncipe’s Stakeholders," Sustainability, MDPI, vol. 14(1), pages 1-17, December.

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    More about this item

    Keywords

    International markets; value chain; organic cocoa smallholders; Sao Tome and Principe (STP);
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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