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2018 | OriginalPaper | Buchkapitel

5. Ghana’s Recurrent Miracle: Cocoa Cycles and Deficient Structural Change

verfasst von : Christer Gunnarsson

Erschienen in: Agricultural Development in the World Periphery

Verlag: Springer International Publishing

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Abstract

Chapter 5 examines potentials and obstacles to productivity growth and structural change in an African “miracle” economy, Ghana. The focus is on an examination of long-term growth in the cocoa industry. The history of the cocoa industry exhibits a pattern of recurrent booms and busts with episodes of great economic success followed by long periods of stagnation and decline. This chapter investigates whether the structure of the industry in the current boom may be undergoing a process of change or if the drivers of growth are similar to those prevailing in an earlier expansion a hundred years ago. If the recent boom is driven by land expansion and increased use of labour rather than by productivity growth doubts can indeed be raised about the sustainability of Ghanaian cocoa production.

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Fußnoten
1
Gestation periods have become shorter over time. In the first cocoa cycle, the dominant variety was amelonado with a maturation period of seven to eight years. During the second cycle, the Amazon variety with a gestation period of about five years become dominant and in since the 1990s Amazon hybrid varieties with a gestation period of about three years have become more frequent and totally dominant in the newer cocoa areas in the Western region.
 
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Metadaten
Titel
Ghana’s Recurrent Miracle: Cocoa Cycles and Deficient Structural Change
verfasst von
Christer Gunnarsson
Copyright-Jahr
2018
DOI
https://doi.org/10.1007/978-3-319-66020-2_5