African Cotton Markets at Crossroads : Will the Price Spike Turn into a New Kick-Start?

Delpeuch, Claire

dc.creator	Delpeuch, Claire
dc.date	2012-03-19T18:05:35Z
dc.date	2012-03-19T18:05:35Z
dc.date	2011-10-01
dc.date.accessioned	2023-02-17T21:00:24Z
dc.date.available	2023-02-17T21:00:24Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111019093240
dc.identifier	http://hdl.handle.net/10986/3614
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244578
dc.description	After years of diplomatic efforts and legal procedures to obtain the elimination of rich countries' cotton subsidies, policy prospects for African cotton producers remain bleak. However, the world price for cotton has doubled in a year and has hit an all-time high. This paper examines these developments and investigates their potential consequences for African smallholder farmers. It emphasizes the importance of price transmission to domestic markets; assesses the impact of the reforms undertaken in Sub-Saharan African cotton sectors on producers' supply responsiveness; and outlines what remains to be done to ensure that farmers can benefit from a favorable global environment. The paper concludes that improving the functioning of domestic markets remains the priority in the short run. The current high price season will reveal the costs and benefits of different types of sector regulation systems and the capacity of policy-makers and sector stakeholders to deliver on promises. It also offers a last-minute opportunity to rich countries to keep their word in the context of the Doha Development Round.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5847
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ADVERSE EFFECTS
dc.subject	AGRICULTURAL SUBSIDIES
dc.subject	AGRICULTURE
dc.subject	BASE YEAR
dc.subject	BIDDING
dc.subject	CERTAIN EXTENT
dc.subject	COMMODITIES
dc.subject	COMMODITY
dc.subject	COMMODITY PRICE
dc.subject	COMMODITY PRICES
dc.subject	COMPARATIVE ANALYSIS
dc.subject	COMPETITIVE MARKETS
dc.subject	COMPETITIVENESS
dc.subject	CONSUMERS
dc.subject	CONTRACT ENFORCEMENT
dc.subject	COTTON PRICES
dc.subject	DATA AVAILABILITY
dc.subject	DEMAND GROWTH
dc.subject	DEVELOPED COUNTRIES
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING COUNTRY
dc.subject	DEVELOPMENT ASSISTANCE
dc.subject	DEVELOPMENT POLICY
dc.subject	DOMESTIC MARKET
dc.subject	DOMESTIC MARKETS
dc.subject	DOMESTIC PRICES
dc.subject	ECONOMETRICS
dc.subject	ECONOMICS RESEARCH
dc.subject	EFFICIENT REGULATION
dc.subject	ELASTICITY OF SUPPLY
dc.subject	EMERGING ECONOMIES
dc.subject	EXCHANGE RATE
dc.subject	EXPORTS
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL SUPPORT
dc.subject	FIXED PRICES
dc.subject	FOOD POLICIES
dc.subject	FOREIGN CURRENCY
dc.subject	GLOBAL EXPORT
dc.subject	GLOBAL MARKET
dc.subject	GLOBAL OUTPUT
dc.subject	GLOBALIZATION
dc.subject	GOVERNMENT INTERVENTION
dc.subject	INCOME
dc.subject	INCOMES
dc.subject	INTELLECTUAL PROPERTY
dc.subject	INTERNATIONAL TRADE
dc.subject	LDCS
dc.subject	LIBERALIZATIONS
dc.subject	LOCAL CURRENCIES
dc.subject	MARKET CONDITIONS
dc.subject	MARKET ENTRY
dc.subject	MARKET FORCES
dc.subject	MARKET POWER
dc.subject	MARKET PRICES
dc.subject	MARKET REFORMS
dc.subject	MARKET REGULATION
dc.subject	MARKET SHARE
dc.subject	MARKET SHARES
dc.subject	MARKET STRUCTURE
dc.subject	MARKETING
dc.subject	MERCHANDISE
dc.subject	MONOPOLIES
dc.subject	MONOPOLY
dc.subject	NEW MARKET
dc.subject	NEW MARKET OPPORTUNITIES
dc.subject	OUTPUT
dc.subject	POLITICAL ECONOMY
dc.subject	POVERTY ALLEVIATION
dc.subject	PRICE CHANGES
dc.subject	PRICE COMPETITION
dc.subject	PRICE FLUCTUATIONS
dc.subject	PRICE INCENTIVES
dc.subject	PRICE INCREASE
dc.subject	PRICE PROSPECTS
dc.subject	PRICE SETTING
dc.subject	PRICING SCHEMES
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE INVESTORS
dc.subject	PRIVATIZATIONS
dc.subject	PRODUCER PRICE
dc.subject	PRODUCER PRICES
dc.subject	PRODUCERS
dc.subject	PRODUCTION COSTS
dc.subject	RAPID GROWTH
dc.subject	SALE
dc.subject	SALES
dc.subject	SETTLEMENT SYSTEM
dc.subject	STOCKS
dc.subject	SUPPLY ELASTICITY
dc.subject	SUSTAINABLE DEVELOPMENT
dc.subject	TAX
dc.subject	TAXATION
dc.subject	TECHNICAL ASSISTANCE
dc.subject	TERMS OF TRADE
dc.subject	TRADE NEGOTIATIONS
dc.subject	TRADE POLICIES
dc.subject	TRADE POLICY
dc.subject	TRANSPARENCY
dc.subject	WORLD MARKET
dc.subject	WORLD MARKETS
dc.subject	WORLD TRADE
dc.subject	WORLD TRADE ORGANIZATION
dc.subject	WTO
dc.title	African Cotton Markets at Crossroads : Will the Price Spike Turn into a New Kick-Start?
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	Africa
dc.coverage	Africa
dc.coverage	Africa