ENGLISH

Cocoa in Post-Conflict Liberia: The Role of Institutions for the Development of Inclusive Agricultural Markets

Book information

Publisher
The Nordic Africa Institute
Year
2016
ISBN
9789171067838, 9171067833
Language
english
Format
PDF
Filesize
22 MB (23068970 bytes)
Pages
174\176
Time added
2021-12-05 15:37:13

Description

Liberia has a long history of non-inclusive development with dire consequences for its population, in terms of poverty and conflict. This research explores recent trends in the post-war Liberian cocoa market that suggest a possible break with the past. Structural changes in the cocoa market are found to have strengthened the bargaining power of smallholder farmers and increased their market participation on increasingly beneficial terms in a number of ways – such as a larger share of the world-market price and better access to inputs and services. The cocoa market has become more inclusive. The research explains how a series of institutional changes – changes in the formal and informal rules of the game – have contributed to this process and suggests why. It identifies four major causal mechanisms that help us better understand the role that institutions can play in making agricultural markets more inclusive – in Liberia and beyond. Tom sida Tom sida

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