Togo - Coffee and Cocoa Liberalization
The reform, a key component of a larger economic recovery and adjustment operation, and of the agricultural sector strategy, focused on the liberalization of coffee and cocoa prices, their primary marketing and export, all previously regulated by a...
Main Author: | |
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Format: | Brief |
Language: | English |
Published: |
Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/1998/06/13737656/togo-coffee-cocoa-liberalization http://hdl.handle.net/10986/9895 |
Summary: | The reform, a key component of a larger
economic recovery and adjustment operation, and of the
agricultural sector strategy, focused on the liberalization
of coffee and cocoa prices, their primary marketing and
export, all previously regulated by a marketing board. The
main objectives of the liberalization were to improve
producers' incentives and income and develop private
participation in marketing and export activities while
maintaining the country's reputation in international
markets as a reliable supplier of quality products. The
liberalization took effect in June 1996. Coffee and cocoa
exports reached a record high in 1997 - more than double the
1996 level. |
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