Liberalization of the cocoa market in West Africa, due to structural adjustment reforms, has resulted in the elimination of para-statal marketing boards and initiated the creation of new institutions to replace the marketing services of those agencies. Concerns have been raised as to the effects...

Cocoa is a classic Third World cash crop. It is produced mostly by small, poor farmers in Africa, while its products - chocolate and sun tan oil - are consumed by rich consumers in North America and Europe. A few West African economies are highly dependent on foreign exchange earned from cocoa...

A dynamic, game theoretic model with switching costs provides better understanding of motives that keep export subsidies a part of exporters' agricultural policies. Switching costs include factors, such as transactions costs and political considerations, that affect an importer's purchasing...

Unilateral trade reforms and establishment of Mercosur led to increasing foreign direct investment (FDI) into Argentina. These inflows financed acquisition of new capital and/or renovation of existing plants, resulting in significant expansion in Argentina's capital stock and more rapid economic...