Export Instability and the Supply Function For Cocoa in Ghana
Francis, Howard T., Jr.
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This paper is an attempt at helping its author and readers better understand a few of the problems connected with development. The specific problem being discussed is that of shortrun export instability. Most, if not all, of the developing countries of the world are exporters of primary products. These commodities are notoriously unstable, with their prices and volumes traded on the world market continually changing. This paper is designed to examine the causes of this export instability in both general case, and within a case study of short-run export instability in Ghana, a primary producer of cocoa in West Africa. In addition, the paper examines the domestic consequences of export instability in the general case and with specific reference to Ghana.If you are not a current K College student, faculty, or staff member, email email@example.com to request access to this SIP.