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Cotton Sector Strategies in West and Central Africa

AGRIBUSINESS AGRICULTURAL PRICES AGRICULTURAL PRODUCTS AGRICULTURE ALTERNATIVE CROPS AUDITS BIDDING BUDGETARY SUPPORT CASH CROPS CEREALS COMMERCIAL BANKS COMMODITY COMPARATIVE ADVANTAGE COMPETITIVE PRICES COMPETITIVENESS CONTRACT FARMING CONTRACTUAL ARRANGEMENTS CORN COTTON COTTON CROP COTTON CULTIVATION COTTON GROWING COTTON MARKETING COTTON PRICES COTTON PRODUCTION COTTON SECTOR COTTON SEEDS CPI CROP CROP YIELDS CROPS DEVALUATION DEVELOPMENT ASSISTANCE DEVELOPMENT STRATEGIES ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC RESEARCH ECONOMISTS EMPLOYMENT EXCESS SUPPLY EXPORT MARKETS EXPORTS FARM FARMER FARMER ASSOCIATIONS FARMER ORGANIZATIONS FARMERS FIBERS FINANCIAL MARKETS GINNERIES GOVERNMENT SUBSIDIES GROWTH POTENTIAL INCOME INCOME GENERATION INSURANCE INTERNATIONAL COMPETITIVENESS INTERNATIONAL MARKETS LEGISLATION MACROECONOMIC STABILITY MAIZE MARKET FORCES MARKET PRICES MARKET SHARE MEAL MONOPOLIES MONOPOLY MULTIPLIER EFFECTS NET EXPORTS OIL OILSEEDS PEST MANAGEMENT POVERTY REDUCTION PRICE STABILIZATION PRICE SUPPORT PRICE SUPPORTS PRICING MECHANISMS PRODUCE PRODUCER ORGANIZATIONS PRODUCER PRICES PRODUCERS PRODUCT QUALITY PUBLIC GOODS PURCHASING RENT SEEKING RURAL DEVELOPMENT RURAL POVERTY SALES SEED SEED COTTON SEED VARIETIES SORGHUM SOYBEANS STOCKS SUBSTITUTION TAXATION TECHNICAL ASSISTANCE VOLATILITY WTO COTTON PRODUCTION COTTON GINS COTTON INDUSTRY EXPORTS INSTITUTIONAL CAPACITY CAPACITY CONSTRAINTS STRUCTURAL ADJUSTMENT SECTORAL POLICY GROWTH PROMOTION COTTON PRODUCTION WTO
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World Bank, Washington, DC
Africa | West Africa
2014-05-07T16:16:41Z | 2014-05-07T16:16:41Z | 2002-07

Cotton production is truly a success story in West and Central Africa. The region is now the second largest exporter of lint, after the United States, with a world market share of 15 percent. Despite its strong performance in the past, the sector is characterized by several institutional and structural weaknesses that jeopardize its viability in an era of increasing globalization of the cotton industry. The sector's future performance will also depend on the implications of cotton sector policies in major producing countries such as the United States, the European Union, and China. This paper examines how the above factors may affect future growth of the region's cotton industry. It also identifies the changes that are required to enable countries in the region to fully exploit the sector's significant growth potential.

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