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June 27, 2026Competition & ChangeOpen Access

The political economy of pricing and Ghana’s cocoa marketing system

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Authors

SHSophie van HuellenFAFuad Mohammed AbubakarNANana Amma Asante-Poku

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Overview

Analyzes pricing mechanisms in Ghana's cocoa market, uncovering challenges and implications for stakeholders.

Key Points

  • This research aims to understand the pricing mechanisms of cocoa and their economic impacts on Ghana's economy.
  • Conducted interviews with cocoa stakeholders in Ghana and internationally from 2024 to 2025.
  • Mapped pricing points along the cocoa chain using institutional economic theory.
  • Performed political economy analysis of cocoa pricing and associated uncertainties.
  • Identified that Ghana’s cocoa pricing is heavily influenced by multinational companies.
  • Noted that price volatility leads to economic challenges for Ghana, impacting revenues and exchange rates.
  • Proposed potential changes to address price risk management in favor of Ghanaian interests.

Cite This Study

Huellen et al. (2026) studied this question.

synapsesocial.com/papers/6a3f6817aea7db3c1953f44fhttps://doi.org/10.1177/10245294261464704
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