Impact of Structural Adjustment and Adoption of Technology on Competitiveness of Major Cocoa Producing Countries
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All the world’s cocoa is grown in developing countries — more than half in West Africa — essentially for export. Except in Brazil, Malaysia and Indonesia, it is grown by smallholders. In the international cocoa market, prices rose steeply in 1977 but have been in almost constant decline since and production surpluses have persisted.For producers,...
