Operations of export monopoly and price stabilising boards in East and West Africa: a review of methodology

Abstract

This paper surveys major research on the effort of Export Monopoly boards in Stabilizing prices and Incomes to domestic producers of various crops in West and East Africa. It does not claim to be exhaustive but it does bring out the major methodological features, results and weaknesses of these studies. In the end, the paper calls for the integration of price-supply relationships in a simultaneous policy model within which to assess the effectiveness of the multiple target stabilisation of marketing board operations.