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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 briefs on Commodities & Energy 1604, Policy Center for the New South.
    • Handle: RePEc:ocp:pbcoen:pb-1607
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    File URL: https://www.policycenter.ma/sites/default/files/2021-01/OCPPC-PB-1607v2.pdf
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    References listed on IDEAS

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    1. Gareth Austin, 2014. "Vent for surplus or productivity breakthrough? The Ghanaian cocoa take-off, c. 1890–1936," Economic History Review, Economic History Society, vol. 67(4), pages 1035-1064, November.
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    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.
    4. Swaray, Raymond, 2011. "Commodity buffer stock redux: The role of International Cocoa Organization in prices and incomes," Journal of Policy Modeling, Elsevier, vol. 33(3), pages 361-369, May.
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