Cotton Sector Strategies in West and Central Africa
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 i...
Main Authors: | , , , |
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Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2002/07/1965820/cotton-sector-strategies-west-central-africa http://hdl.handle.net/10986/18195 |
Summary: | 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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