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The paper analyses cocoa farmers' integration into global markets taking into account trade reforms in five cocoa … producing countries. The analysis investigates price transmission mechanisms from world to domestic cocoa markets in the context … world cocoa markets. However, this development is not associated with significant increases in the share of the world price …
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strategy, focused on the liberalization of coffee and cocoa prices, their primary marketing and export, all previously … markets as a reliable supplier of quality products. The liberalization took effect in June 1996. Coffee and cocoa exports …
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This paper develops a new international trade model with capital market imperfections and endogenous borrowing costs in general equilibrium. Our theoretical model is motivated by new empirical patterns from enterprise survey data of the World Bank. Observing that a substantial fraction of the...
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