Echecs de marchés et pauvreté: l'exemple de la filiére cacao en Cóte d'Ivoire

Given the importance of market failures in Cóte d'Ivoire, the question arises to know whether the liberalisation process in the cocoa sector led to an increase in producers' welfare, and especially in the poorest. We show that a major consequence of the liberalisation was a sharp decline in forward transactions on the international market and at collect level. This phenomenon led to an increase in producers' vulnerability, as their exposure to income risk rose dramatically and the range of risk-coping instruments was narrowed. Because of their low capacity to save, the absence of any insurance mechanism and an underdeveloped credit market, households were not able to smooth their consumption and had to cut down some expenditure. Scholarship expenses, which occur before the beginning of the cocoa season, were especially affected. Besides, the liberalisation was followed by a significant decrease in the role played by the co-operatives.

Bibliographic Details

Main Authors:	43471 Araujo Bonjean, C., 56344 Chambas, G., 58485 Combes, J.L., 34609 Conférence L'avenir des Cultures Pérennes: Investissement et Durabilité en Zones Tropicales Humides Yamoussoukro (Cote d'Ivoire) 5-9 Nov 2001
Format:	biblioteca
Published:	Nov-
Subjects:	CACAO, MERCADEO, LIBERALIZACION DEL INTERCAMBIO, COMERCIO INTERNACIONAL, MERCADOS, COTE D'IVOIRE,
Tags:	Add Tag No Tags, Be the first to tag this record!