By Felix Maile, Bernhard Tröster, Cornelia Staritz and Jan Grumiller
Commodity price instability is a major challenge for commodity-dependent countries. This is also true for the major cocoa producer countries Côte d’Ivoire and Ghana, which account for two thirds of world’s cocoa production. As we argue in a recent article in the EJDR , the two West African countries can challenge the price-setting power of highly concentrated international buyers through their state-governed price-stabilization measures. However, export and producer price stabilization is limited to one season and entails great risks for the state due to intra-seasonal price volatility. Moreover, inter-seasonal price instability is not addressed and largely born by smallholder farmers, and export and producer prices remain linked to world prices set on futures markets in London and New York.
Continue reading “Who to blame? The rough start for living income cocoa prices in Côte d’Ivoire and Ghana”
By Kim Andreas Kessler
The recent adjustment of Fiji’s estimated poverty rate by the World Bank has caused controversies. While it is important to scrutinise this key figure, policy dialogue and policymaking should not miss the bigger picture. Economic poverty is only one dimension of poverty. Besides this, considering inequalities is crucial to evaluate Fiji’s progress and recalibrate polices aiming to enhance the quality of life of deprived Fijians.
Continue reading “Time to consider ‘multidimensional poverty’ and ‘inequality’ in Fiji and the wider Pacific”
Development Studies is an established area of scholarly enquiry, which implies some consensus over what the study of development entails. Does such a consensus exist?
Andy Sumner of King’s College London explores this question further in a new discussion paper
The Debate Revisited
Although there is some common understanding on Development Studies being about ‘development’ and inter-disciplinary as well as normative in orientation, there is a set of quite different approaches to Development Studies is or what Development Studies should be.
Continue reading “What is Development Studies? “