2017
DOI: 10.4324/9781315205144
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Ghana in Search of Development

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Cited by 19 publications
(6 citation statements)
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“…In most parts of this era, cocoa farmers were heavily over-taxed through the fixing of cocoa prices far below world market prices (Bates, 2005). For instance, from 1957 to the early 1990s, cocoa farmers were offered between 30% and 50% of the free on board (FOB) cocoa price, which is far lower than the producer prices of between 60% and 80% of the FOB price received by cocoa farmers in other cocoa-producing countries, including Brazil and Côte d'Ivoire (BulÌř, 2002;Dzorgbo, 2001). Meanwhile, the cocoa management guidelines, which justified 'over-taxation' of cocoa farmers on the grounds that the surplus revenue would be used to stabilise producer prices in the event of declining world market prices, were never implemented.…”
Section: State-controlled Economy and Neopatrimonialismmentioning
confidence: 99%
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“…In most parts of this era, cocoa farmers were heavily over-taxed through the fixing of cocoa prices far below world market prices (Bates, 2005). For instance, from 1957 to the early 1990s, cocoa farmers were offered between 30% and 50% of the free on board (FOB) cocoa price, which is far lower than the producer prices of between 60% and 80% of the FOB price received by cocoa farmers in other cocoa-producing countries, including Brazil and Côte d'Ivoire (BulÌř, 2002;Dzorgbo, 2001). Meanwhile, the cocoa management guidelines, which justified 'over-taxation' of cocoa farmers on the grounds that the surplus revenue would be used to stabilise producer prices in the event of declining world market prices, were never implemented.…”
Section: State-controlled Economy and Neopatrimonialismmentioning
confidence: 99%
“…While poor weather conditions as well as pests and diseases also contributed to the declining cocoa output from the late 1960s and 1980s, over-taxation of farmers was a major factor that resulted in low cocoa output in this era (Amoah, 1995;Dzorgbo, 2001). Available statistics show that the annual cocoa output declined from a peak of 581,000 tonnes in 1964 to about 168,100 tonnes by 1983 (Manu, 1974).…”
Section: State-controlled Economy and Neopatrimonialismmentioning
confidence: 99%
“…Like all other colonized African nations, expectations for equitable national development were high on the eve of Ghana's independence (Dzorgbo, 2017). However, they soon fizzled out as early post‐independence development processes were punctuated with multiple endogenous challenges, such as geographic logistics, leadership, economic mismanagement, poor planning and prioritization, and ethical issues, resulting in vicious cycles of poverty (Ifidon & Olaniyan, 2018; Ojo, 2016; Olaniyan, 2018).…”
Section: Introductionmentioning
confidence: 99%
“…Ghana's economy experienced considerable growth from 1997 to 2017 until recently (Duodu & Baidoo, 2022;Dzorgbo, 2017;McMillan et al, 2017). Despite these significant growth records, structural imbalances and macroeconomic instabilities persist.…”
Section: Introductionmentioning
confidence: 99%