ANALYSIS OF PROTECTIONISM IN THE COCOA INDUSTRY IN IVORY COAST
DOI:
https://doi.org/10.51891/rease.v10i11.17127Keywords:
Cocoa, Ivory Coast. Producer. Industry. Protectionism.Abstract
Cocoa, a fruit with anti-inflammatory and antioxidant properties, is essential for the economy of Côte d'Ivoire, which leads the world production, accounting for about 40% of the global supply. Cocoa production, introduced in the country in the 19th century, has become vital, accounting for 60% of exports by 2023. To ensure farmers' incomes and stabilize the sector, the government implemented protectionist policies, including a minimum price for cocoa. Although such policies seek to protect small producers from international price fluctuations, they can limit long-term competitiveness and perpetuate inequalities. Challenges such as limited access to technology and finance make it difficult for smallholder farmers to modernize, potentially undermining the sustainability of the sector. To balance protection and competitiveness, it is recommended that the government provide technical and financial support, promoting regenerative agricultural practices that guarantee the economic and social prosperity of producers. With these changes, Côte d'Ivoire can secure a more sustainable position in the global cocoa market, aligned with environmental responsibility and social justice.
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Atribuição CC BY