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Commodity Market Reform in Africa : Some Recent Experience

Auteur: Akiyama Takamasa,Baffes John, et al
Editeur: World Bank Policy Research Working Paper
Lieu:
Année: 2003
Pages: 52
Mots-clés: 

"Since the early 1980s, dramatic changes in export commodity markets, shocks associated with
resulting price declines and changing views on the role of the state have ushered in widespread
reforms to agricultural commodity markets in Africa. The reforms significantly reduced
government participation in the marketing and pricing of commodities. This paper examines
the background, causes, process and consequences of these reforms and derives lessons for
successful reforms from experiences in markets for four commodities important to Africa –
cocoa, coffee, cotton, and sugar. The commodity focus of the paper highlights the special
features associated with these markets that affect the reform process. The paper complements
the current literature on market reforms in Africa, where grain-market studies are more
common."(...)
"We find that the key consequences of reform have
been significant changes in or emergence of marketing institutions, and a significant shift of
political and economic power from public to private sector"(...).

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