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Ivory Coast’s Cocoa Paradox: Record Output, Falling Prices, and a Growing Bean Backlog

Ivory Coast’s cocoa boom is the result of decades of state-backed expansion that turned the country into the world’s largest cocoa producer, supplying about 40 percent of global output. Since the 1960s, successive governments promoted cocoa farming as the backbone of the national economy, encouraging smallholder production through guaranteed prices, land access, and export infrastructure […]

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