This paper “Ghana cocoa industry” discusses the role of politics in influencing cocoa production in Ghana, and interventional strategies set up to boost production of cocoa in the country. It also analyzes the cocoa industry in Ghana from different theoretical perspectives…
Download file to see previous pages...
However, it is of great significance to note that output varies on an annual basis. Factors such as price fluctuations, politics, and management play a crucial role in influencing output. Discussed in this paper is the role of politics in influencing cocoa production in Ghana, and interventional strategies set up to boost production of cocoa in the country. In addition, the paper also analyzes the cocoa industry in Ghana from different theoretical perspectives. Political theory centers on the analysis of economics influence on political ideologies. Tenants of the theory uncover the interplay of relationships between law, politics, and economics. In addition, it analyzes the development of various institutions in different economics and social systems for example, capitalist, socialist, and communist systems. Competing interests of specific individuals, groups or institutions affect a countrys economic development. This theory enables individuals visualize and understand the formation of public policies. Small-scale farmers in Ghana lack the resources to export their produce directly. They rely on intermediaries (businesspersons) and the government to broker deals with customers interested in their produce. Herein, lays the root cause of the countrys economic problem. These farmers receive meager compensation compared to the parties charged with the task of brokering the deal. As a result, poverty in Ghana is at an all-time high despite its flourishing cocoa industry. As mentioned, Ghana ranks second after Ivory Coast in the cocoa export industry (Ecobank, 2013). The country lost the title amidst waves of political upheaval in the country. In a bid to advance their personal interests, influential individuals mismanaged the cocoa industry. Through the Cocoa Marketing Board, farmers received fixed compensation for their produce.
...Download file to see next pagesRead More
Cite this document
(“Ghana Cocoa Industry Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Retrieved from https://studentshare.org/history/1634893-ghana-cocoa-industry
(Ghana Cocoa Industry Essay Example | Topics and Well Written Essays - 2250 Words)
“Ghana Cocoa Industry Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/history/1634893-ghana-cocoa-industry.
The Hershey Company, known until April 2005 as the Hershey Foods Corporatio and commonly called Hershey's, is one of the largest chocolate manufacturers in North America. Its headquarters are in Hershey, Pennsylvania, which is also home to Hershey's Chocolate World, it's products are sold in over 60 countries worldwide.
This repositioning will resolve the sales related issues the company is currently facing. In this paper micro-environment and macro-environment will be scanned in order to understand the chocolate industry and problems Thorntons is facing. A SWOT analysis will also help in understanding of the issues the company is facing.
The author explains that since the colonial period, the Ivorian economy is chiefly market based and depends a lot on the agricultural sector. Together with forestry, and fisheries, the three sectors account for a considerable part of the country’s Gross Domestic Product. 70% of the Ivorian people are involved in agricultural activity.
te the country being among the leading exporters of several horticultural and agricultural products, various sections of the market have an inadequate supply of trading inputs. Such is the chocolate and confectionery industry in the country. Several industries in the country
ion, cultural settings where the children find not issue in assisting in the fields also encourage possibility of child labor (Freely Give Truth, 2013). Since, most them fail to regard difficult tasks as an issue infringing their privileges but as a way to aid their
According to the report becoming the first sub-Saharan African nation to declare independence from colonial rule in 1957, Ghana has continued to be a beacon of hope for other nations within the continent in regard to a democratic political system. A study by the Global Peace Index ranked Ghana as Africa’s leading peace loving nation.
2 Pages(500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Ghana Cocoa Industry for FREE!