Trade, exchange rate, and agricultural pricing policies in Ghana

  • 363 Pages
  • 1.32 MB
  • 7871 Downloads
  • English
by
World Bank , Washington, D.C
Agricultural prices -- Government policy -- Ghana., Cocoa trade -- Government policy -- Ghana., Ghana -- Commercial po

Places

Ghana, G

StatementJ. Dirck Stryker ; with the assistance of Emmanuel Dumeau ... [et al.].
SeriesWorld Bank comparative studies. The Political economy of agricultural pricing policy, World Bank comparative studies.
Classifications
LC ClassificationsHD2146.Z775 S76 1990
The Physical Object
Paginationxi, 363 p. :
ID Numbers
Open LibraryOL2227285M
ISBN 100821314432
LC Control Number89077546

Trade, exchange rate, and agricultural pricing policies in Ghana (English) Abstract. This report shows that Ghana's economic decline of agricultural prices cannot be attributed solely to government price and agricultural pricing policies in Ghana book. But intervention in the workings of the cocoa sector contributed heavly to the country's inability to achieve prosperity.

Get this from a library. Trade, exchange rate, and agricultural pricing policies in Ghana. [J Dirck Stryker] -- This report shows that Ghana's economic decline of agricultural prices cannot be attributed solely to government price intervention. But intervention in the.

Between Ghana witnessed a severe economic decline. Fundamental to the dissolution of the economy was the agricultural price policy. This study analyses the impact that agricultural price distortions have had on the allocation of resources and the welfare of producers and by: Miscellaneous: Trade, exchange rate, and agricultural pricing policies in Ghana.

+ pp. Abstract: Ghana ghana Subject Category: Geographic Entities see more details 's economic decline during the year period covered by this study of agricultural prices prices Cited by: It is divided into six sections.

The problem which exchange rate this study, the study's objectives and relevance, and a review of the literature are formally stated in Section II. In Section III, the time profiles of the real exchange rate of the cedi, agricultural price incentives, and Ghana's agricultural Cited by: examine the effect of various exchange rate policies on the economy of Ghana.

particular, it. addresses itself. the effect of adjust- ments. the exchange rate. growth of the economy—both sectoral and global, exports and imports. Section. presents. analysis. the various exchange rate policies Ghana has had since independence. policy interventions geared towards complementing rather than supplanting the market, as elaborated in the Ghana Trade Policy.

The Trade Sector Support Programme (TSSP) is designed to systematically implement the Ghana Trade Policy and deliver rapid and strategic expansion of Ghana. seasonality of exchange rates in ghana Article (PDF Available) in International Journal of Social Economics (4) March with 1, Reads How we measure 'reads'.

Part II Trade and Pricing Policies in World Agriculture pact of declining commodity prices on the farm sector. Some pay their producers half the world price for grains (or even less), and then spend scarce foreign exchange to import food.

Many have raised producer prices at various stages, but have followed macroeconomic and exchange rate. Trade, exchange rates, and agricultural pricing policy in Portugal (Inglês) Resumo. Agricultural policy in Portugal, like the industry itself, has had a strongly regional flavor.

Download Trade, exchange rate, and agricultural pricing policies in Ghana EPUB

Most of the government's support for agriculture until the mids was given to the latifundia areas of southern Portugal, principally through high wheat Cited by: 6. eighties the cause for which could be traced to policies in the agricultural sector (cocoa in particular), Ghana has made major efforts to offer adequate incentives to producers by passing on a higher share of increasing global Size: 1MB.

agricultural price. The shar oe non-tradef goodd isn domesti aggregatc none-agricultural price. Dummy variabl definee tod tak oe n a valu oef unit duriny g and zer durino g.

Nominal exchang rate ( cedi. pes r U S dollar) The shar oef non-trade food idn the aggregat fooe d price. GDP From Agriculture in Ghana increased to GHS Million in the fourth quarter of from GHS Million in the third quarter of GDP From Agriculture in Ghana averaged GHS Million from untilreaching an all time high of GHS Million in the fourth quarter of and a record low of GHS Million in the fourth quarter of This chapter chronicles the evolution of industry in Ghana over the post-independence era from an inward overprotected ISI strategy of –83 to an outward liberalized strategy during –, and sinceto the private sector-led accelerated industrial development strategy based on value-addition.

Industry in Ghana is mainly dominated by micro and small firms, privately owned and. monetary policy centred primarily on fiscal austerity to balance the aggregate budget and attain a realistically valued exchange rate.

The route to free markets took the form of trade liberalisation and the elimination of government controls on relative prices within the. Establishing the World Trade Organization), sought clarification from Ghana on its trade policies and practices. Any technical questions arising from this report may be addressed to Jacques Degbelo (tel.: ) and Catherine Hennis-Pierre (tel.: ).

Document WT/TPR/G/ contains the policy statement submitted by Ghana. The Bank of Ghana has since mimicked the policy of price stability, 2 particularly; low inflation and a fairly stable exchange rate (Sowa and Abradu-Otoo, ).

Quartey () notes that although the central bank has been pursuing low inflation policies as of albeit it does not follow an explicit inflation targeting by: Foreign Trade.

Ghana's exports decreased to USD Million in the third quarter of from USD Million in the second quarter of Ghana COUNTRY FACT SHEET ON FOOD AND AGRICULTURE POLIC Y TRENDS MARCH FAPDA - Food and Agriculture Policy Decision Analysis Socio-economic context and role of agriculture Ghana is a middle-income West African country which expe-rienced impressive economic growth from to This growth has slowed significantly since in light ofFile Size: KB.

Downloadable. This paper examines the dynamic relationship between crude oil prices and the U.S. exchange rate within the structural break detection context. Based on monthly data from January to Aprilthis paper identifies structural breaks in movements of oil price and examines the dynamic relationship between crude oil prices and the U.S.

exchange rate movement by introducing the. Gold Reserves in Ghana remained unchanged at Tonnes in the fourth quarter of from Tonnes in the third quarter of Gold Reserves in Ghana averaged Tonnes from untilreaching an all time high of Tonnes in the fourth quarter of and a record low of Tonnes in the third quarter of This page provides - Ghana Gold Reserves - actual values.

Ghana operates in a relatively free market environment. Trade and investment liberalization has been an integral part of Ghana’s economic reform program. Despite this relatively open market, some tariff and non-tariff barriers remain and pose challenges to the importation of a number of agricultural products.

Two decades following the IMF's initial inquiry, Clark et al. () re-examined the effect of exchange rate volatility on trade. They argue that some developments in the current global economy may have intensified fluctuations in exchange rates, while others may have lessened the influence of exchange rate volatility on by: 5.

On November 6,Ghana recorded the first ever electronic trading of a commodity. The Ghana Commodity Exchange (GCX), a national multi commodity exchange commenced trading in spot contracts for maize – a move that would help farmers get the true value of their goods.

The President of the Republic, Nana Addo Dankwa Akufo-Addo was present to deliver the keynote. changing international trade laws and technology, the exchange rate plays a role in valuing farm production and equipment.

For many years, the role of exchange rates as an integral part of agricultural economics was overlooked. The seminal work on the role of exchange rates in agricultural trade was that of Edward Schuh.

Description Trade, exchange rate, and agricultural pricing policies in Ghana PDF

Inhe arguedFile Size: KB. Gold, oil, and cocoa exports, and individual remittances, are major sources of foreign exchange. Expansion of Ghana’s nascent oil industry has boosted economic growth, but the fall in oil prices since reduced by half Ghana’s oil revenue.

Production at Jubilee, Ghana's first commercial offshore oilfield, began in mid-December   From tothe exchange rate indices increased the most for meats – up 25% for pork, 22% for beef, and 18% for poultry.

Details Trade, exchange rate, and agricultural pricing policies in Ghana FB2

For grains, the increases were less; up 14% for corn, 10% for wheat, and 8% for soybeans. Second, changes in commodity. Additional Physical Format: Online version: Fosu, K.

Yerfi. Real exchange rate and Ghana's agricultural exports. Oxford, England: Centre for the Study of African Economies, []. The Ghana Commodity Exchange (GCX), a trading platform for physical commodities and futures contracts, under the auspices of the Ministry of Finance, piloted trading operations on the Ap The Government of Ghana’s drive to support smallholder farmers, increase value along the agricultural value chain and provide export opportunities for Ghanaian commodities, has led to its.

Agricultural Prices Food and agricultural commodity prices in India are primarily determined by domestic demand and supply factors influenced by domestic price policy.

The nature of markets facing the agricultural commodities and imperfections in these markets also influence the price transmission and the final consumer Size: KB.

Ghana’s exchange rate history has gone through what I describe as four major phases in the last twenty years. These are: PHASE I (The Pre era): The era of high exchange rate fluctuation, during which the cedi lost more than half of its value against its major trading partners.PRICES of goods and services in Namibia have been increasing marginally, but gains are wiped out by the diminishing exchange rate, analysts say.Industrial lobby group, Confederation of Zimbabwe Industries (CZI), has proposed the adoption of a two-tier exchange rate management regime, formed from the combination of floating and crawling.